FORTY News 29.48 Formula Systems Ltd (FORTY)

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Formula Systems Ltd (FORTY) 29.48 $FORTY

Formula Systems revenues up 6% in Q4
M2 - Fri Mar 14, 10:10AM CDT
Formula Systems (1985) Ltd. (NASDAQ: FORTY) said that revenues for the fourth quarter of 2013 increased by six percent to USD209.5m compared to USD198.3m in the same period last year.

Formula Systems Reports Fourth Quarter and Full Year Results for 2013 with Record Annual Revenues of $796.7 Million and Record Net Income of $76.9 Million
PR Newswire - Thu Mar 13, 7:52AM CDT
Formula Systems (1985) Ltd. (NASDAQ: FORTY) a global information technology company principally engaged through its subsidiaries and affiliates, in providing software consulting services, developing proprietary software products, and providing computer-based business solutions, today announced its results for the fourth quarter and full year ended December 31, 2013.

Sapiens Reports Year-Over-Year Organic Non-GAAP Revenue Growth of 18.6% for 2013
PR Newswire - Wed Feb 26, 4:02AM CST
Sapiens International Corporation, (NASDAQ and TASE: SPNS), a leading global provider of software solutions for the insurance industry, with an emerging focus on the broader financial services sector, and a member of the Formula Group (NASDAQ: FORTY and TASE: FORT), announced today its financial results for the fourth quarter and year ended December 31, 2013.

Royal Dutch Shell plc: Buyback of Own Shares
PR Newswire - Fri Jan 24, 11:49AM CST
Royal Dutch Shell plc (NYSE: RDS.A)(NYSE: RDS.B) announces that on 24 January, 2014 it purchased for cancellation 505,000 "B" Shares at a price of 2286.48 pence per share.

Tektronix Acquires Picosecond Pulse Labs
PR Newswire - Thu Jan 16, 11:00AM CST
Tektronix, Inc., a leading worldwide provider of test, measurement and monitoring instrumentation, today announced the acquisition of Picosecond Pulse Labs. The move is intended to strengthen the Tektronix portfolio in the growing market for test equipment to support 100G/400G optical data communications research and development. The terms of the transaction were not disclosed.

Swiggle, An Innovative Mobile Game App, Now Available
PR Newswire - Wed Jan 15, 1:25PM CST
Shore Digital announces today the release of Swiggle®, the latest mobile app brought to market by this mobile web and digital marketing company.

Formula Systems finalises 4-year loan
M2 - Wed Jan 08, 9:48AM CST
Formula Systems (1985) Ltd. (NASDAQ: FORTY) said it has finalised the terms of a NIS 200m loan to be extended to it by a leading Israeli institutional investor.

Upping the ante: Press release newswire launches price match guarantee
PRNewsChannel.com - Tue Jan 07, 9:42AM CST
New policy goes into immediate effect

Formula Systems Finalizes Terms of NIS 200 Million Loan
PR Newswire - Tue Jan 07, 2:09AM CST
Formula Systems (1985) Ltd. (NASDAQ: FORTY), a leading provider of software consulting services, computer-based business solutions and proprietary software products, today announced that it has finalized the terms of a NIS 200 million loan to be extended to it by a leading Israeli institutional investor. The loan will be secured by certain of the shares of each of Formula's publicly held subsidiaries Magic Software Enterprises, Matrix I.T and Sapiens International Corporation owned by Formula.

Formula Systems declares USD0.31 dividend
M2 - Tue Dec 31, 11:21AM CST
The Formula Systems (1985) Ltd. (NASDAQ: FORTY) board of directors said it has declared a cash dividend of USD0.31 per share and in the aggregate amount of approximately US USD4.5m.

Formula Systems Announces Distribution of Cash Dividend
PR Newswire - Mon Dec 30, 10:05AM CST
Formula Systems (1985) Ltd. (NASDAQ: FORTY), a leading provider of software consulting services, computer-based business solutions and proprietary software products, today announced that its Board of Directors has declared a cash dividend in the amount of US $0.31 per share and in the aggregate amount of approximately US $4.5 million.

Sapiens Announces Pricing of Primary Public Offering of its Common Shares Thursday, November 14, 2013
PR Newswire - Thu Nov 14, 8:01AM CST
Sapiens International Corporation, (NASDAQ and TASE: SPNS), a leading global provider of software solutions for the insurance industry with an emerging focus on the broader financial services sector and a member of the Formula Group (NASDAQ: FORTY and TASE: FORT), announced today that it has priced an underwritten public offering of 5,650,000 of its common shares. Pursuant to the offering, Sapiens is selling the shares at a price to the public of $6.25 per share. Sapiens has also granted to the underwriters for the offering an option to purchase from it up to an additional 847,500 of its common shares to cover over-allotments in connection with the offering.

Sapiens Announces Proposed Public Offering of its Common Shares
PR Newswire - Wed Nov 13, 4:21PM CST
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Formula Systems Reports Results for Third Quarter of 2013 with Net Income of $5.2 Million, a Year over Year Increase of 10%
PR Newswire - Wed Nov 13, 3:34AM CST
Formula Systems (1985) Ltd. (NASDAQ: FORTY) a leading provider of software consulting services, computer-based business solutions, and proprietary software products, today announced its results for the third quarter of 2013.

Sapiens Reports Year-Over-Year Organic Revenue Growth of 20% for the First 9 Months of 2013
PR Newswire - Wed Nov 06, 10:33AM CST
Sapiens International Corporation, (NASDAQ and TASE: SPNS), a leading global provider of software solutions for the insurance industry, with an emerging focus on the broader financial services sector, and a member of the Formula Group (NASDAQ: FORTY and TASE: FORT), announced today its financial results for the third quarter and nine months ended September 30, 2013.

Formula Systems Announces Extraordinary General Meeting of Shareholders for Approval of Compensation Policy
PR Newswire - Thu Oct 24, 6:42AM CDT
Formula Systems (1985) Ltd. (NASDAQ: FORTY) today announced that it will hold an Extraordinary General Meeting of Shareholders on Wednesday, November 27, 2013. The record date for shareholders entitled to vote at the meeting is October 28, 2013.

Formula Systems Q2 revenues up 8% year-over-year
M2 - Fri Aug 16, 8:15AM CDT
Formula Systems (1985) Ltd. (NASDAQ: FORTY) reported its revenues for the second quarter ended June 30, 2013, increased 8% to USD201.2m compared to USD186.1m in the same period last year.

Formula Systems Reports Second Quarter Results for 2013 with Net Income of $4.9 Million, an Increase of 21% Year over Year
PR Newswire - Thu Aug 15, 4:00AM CDT
Formula Systems (1985) Ltd. (NASDAQ: FORTY) a leading provider of software consulting services, computer-based business solutions, and proprietary software products, today announced its results for the second quarter of 2013.

Sapiens Q2 2013 Revenue Increases 22% to a Record of $33.1 Million
PR Newswire - Tue Aug 13, 6:22AM CDT
Sapiens International Corporation, (NASDAQ and TASE: SPNS), a global provider of innovative software solutions for the financial services industry and a member of the Formula Group (NASDAQ: FORTY and TASE: FORT), announces its financial results for the second quarter ended June 30, 2013.
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