Magal Security Syst (MAGS) 4.43 $MAGS
Magal Announces Commencement of Rights Offering
PR Newswire - Wed Sep 07, 3:26PM CDT
Magal Security Systems Ltd. (NASDAQ: MAGS) announced today that it has commenced a rights offering for approximate gross proceeds of $24 million. Magal has granted, at no charge to the holders of record of its Ordinary Shares, par value NIS 1.00 per share, as of 5:00 p.m., New York City time, on September 9, 2016, the record date for the rights offering, one non-transferable subscription right for each eight (
Ordinary Shares owned.
MAGS: 4.43 (-0.12)
Magal Announces Appointment of Kobi Vinokur as Chief Financial Officer
PR Newswire - Tue Sep 06, 3:27PM CDT
Magal Security Systems Ltd. (NASDAQ: MAGS) announced today that Mr. Kobi Vinokur has been appointed as CFO of the Company. Mr. Vinokur will replace Mr. Ilan Ovadia, who has been Magal's CFO since 2009. Mr. Vinokur is expected to replace Mr. Ovadia following a transition period.
MAGS: 4.43 (-0.12), BCO: 37.87 (+1.01)
Magal Security Systems Reports Second Quarter 2016 Financial Results
PR Newswire - Wed Aug 31, 5:48AM CDT
Magal Security Systems, Ltd. (NASDAQ: MAGS) today announced its financial results for the three and six month period ended June 30, 2016. Management will hold an investors' conference call later today, at 10:00 a.m. Eastern Time and 5:00 p.m. Israel time, to discuss the results.
MAGS: 4.43 (-0.12)
Magal Awarded Large Framework Contract to Secure the City of Holon
PR Newswire - Mon Aug 01, 5:00AM CDT
Magal S3, Ltd. (NASDAQ: MAGS) announced today that it signed a framework agreement to supply a safe city turnkey solution for the city of Holon in Israel. The project will be implemented over a five-year timeframe and, if fully implemented, the scope will reach $5 million. The portion to be delivered in 2016 is not material.
MAGS: 4.43 (-0.12)
Magal Security Systems Reports First Quarter 2016 Financial Results
PR Newswire - Tue May 31, 6:28AM CDT
Magal Security Systems, Ltd. (NASDAQ: MAGS) today announced its financial results for the three month period ended March 31, 2016. Management will hold an investors' conference call later today, at 10:00 a.m. Eastern Time and 5:00 p.m. Israel time, to discuss the results.
MAGS: 4.43 (-0.12)
Magal Wins a $9 Million Order to Secure Two Prisons in West Africa
PR Newswire - Tue May 24, 5:00AM CDT
Magal Security Systems, Ltd. (NASDAQ: MAGS) announced today it has received an order of $9 million for complete turnkey security solutions, protecting two newly built prisons in West Africa. The projects are scheduled to be delivered during the remainder of 2016 and 2017.
MAGS: 4.43 (-0.12)
Magal S3 to Release First Quarter 2016 Results on Tuesday, May 31, 2016
PR Newswire - Mon May 23, 5:56AM CDT
Magal S3 (NASDAQ GMS: MAGS, TASE: MAGS) today announced that it intends to publish its first quarter 2016 results on Tuesday, May 31, 2016.
MAGS: 4.43 (-0.12)
Magal Wins $10 Million in Orders to Secure and Maintain Critical Power Utility Sites in LatAm
PR Newswire - Tue May 10, 5:53AM CDT
Magal Security Systems, Ltd. (NASDAQ: MAGS) announced today it received orders amounting to $10 million for new security systems for four critical power utility sites and the maintenance of another thirteen existing secured sites.
MAGS: 4.43 (-0.12)
Magal Receives Homeland Security Orders Totaling $8.4 Million
PR Newswire - Tue Jan 05, 5:00AM CST
Magal Security Systems, Ltd. (NASDAQ GM: MAGS) today announced that it has received several orders in Israel for homeland security (HLS) infrastructure. The aggregate expected revenue from these orders are approximately US$8.4 million, of which one particularly large order makes up over half of this amount. The orders are from a number of existing customers for expansions, maintenance and support.
MAGS: 4.43 (-0.12)
BUYINS.NET: MAGS SqueezeTrigger Price is $4.79. There is $91,500 That Short Sellers Still Need To Cover.
M2 - Wed Dec 02, 3:49PM CST
November 18, 2015
MAGS: 4.43 (-0.12)
Magal Security Systems Reports Third Quarter 2015 Financial Results
PR Newswire - Tue Nov 24, 5:02AM CST
Magal Security Systems, Ltd. (NASDAQ: MAGS) today announced its financial results for the three and nine month periods ended September 30, 2015. Management will hold an investors' conference call later today, at 10:00 a.m. Eastern Time and 5:00 p.m. Israel time, to discuss the results.
MAGS: 4.43 (-0.12)
Magal S3 to Release Third Quarter 2015 Results on Tuesday, November 24, 2015
PR Newswire - Thu Nov 12, 8:30AM CST
Magal S3 (NASDAQ GMS: MAGS, TASE: MAGS) today announced that it intends to publish its third quarter 2015 results on Tuesday November 24, 2015.
MAGS: 4.43 (-0.12)
Magal S3 to Release Second Quarter 2015 Results on Monday, August 31, 2015
PR Newswire - Wed Aug 19, 4:00AM CDT
Magal S3 (NASDAQ GMS: MAGS, TASE: MAGS) today announced that it intends to publish its second quarter 2015 results on August 31, 2015.
MAGS: 4.43 (-0.12)
Magal Wins Contract to Secure 200+ KM Of Pipeline With Long Range Fiber Optic Sensor
PR Newswire - Mon Aug 17, 4:00AM CDT
Magal Security Systems, Ltd. (NASDAQ: MAGS) announced today that it has received an order to secure 200+ km of buried pipeline with its fiber optic sensor system.
MAGS: 4.43 (-0.12)
Global Market Study on Electronic Access Control (EAC) Systems 2015-2019 - Biometric Systems to Witness Highest Growth
M2 - Fri Jul 10, 7:41AM CDT
Research and Markets (http://www.researchandmarkets.com/research/hjd3vg/global_market) has announced the addition of the "Global Market Study on Electronic Access Control (EAC) Systems: Biometric Systems to Witness Highest Growth by 2019" report to their offering. The global market for EAC system in value term grew from USD 10.1 billion in 2009 to USD 15.4 billion in 2013, and is expected to grow to USD 31.2 billion in 2019 growing at a CAGR of 12.6%. The Authentication system (largest market in 2013) increased by 13.1% CAGR during 2009-2013 to reach USD 11.7 billion in 2013. The Asia-Pacific EAC systems market expected to record the highest CAGR growth of 16.7% to reach USD 9.6 billion in 2019. Usage of EAC system in commercial sector (largest end-user in 2013) increased by 13.9% CAGR during 2009-2013 to reach USD 4.6 billion in 2013. Increasing international trade and privatization have influenced the government and private sector to invest in better infrastructure facilities. Construction of roads, residential buildings, healthcare centers and educational institutes are expected to increase in the coming future increasing the demand for EAC systems market in order to attain better security levels. Local and national government have instructed the private sectors to invest in security systems for the prevention of population and property from illegal acts. EAC system market is bifurcated in three major technologies, authentication system (biometric and card based authentication system), intruder alarm system and perimeter security system (free standing and buried perimeter security system) and end-user segment (government, commercial, industrial and residential). The EAC system market is fragmented with several players operating at a global or regional level, supplying EAC system products (authentication system, intruder alarm system and perimeter security system). Some of the companies operating globally and providing products under all three categories are United Technologies Corporation, Tyco International Ltd., Godrej Industries Limited, and Cisco Systems, Inc. There are companies which operate globally and provide products under two categories such as Safran SA (authentication and intruder alarm system), 3M Cogent, Inc. (authentication and perimeter security system), Panasonic Corporation (intruder alarm and perimeter security), and Honeywell International Inc. (authentication and intruder alarm). Some companies operate on the global level and provide only one EAC system product such as Siemens AG (authentication system), Hitachi Ltd. (intruder alarm), and Magal Security Systems Ltd. (perimeter security system). Key Topics Covered: Chapter 1 Preface Chapter 2 Market Synopsis Chapter 3 Porter Five Forces Analysis Chapter 4 Industry Overview Chapter 5 Market Size and Forecast by Product Chapter 6 Market Size and Forecast by End-User Chapter 7 Market Size and Forecast by Geography Chapter 8 Competitive Scenario Chapter 9 Company Profiles - Bosch Security Systems - Cisco Systems, Inc. - Godrej Consumer Product Limited - Hitachi, Ltd. - Honeywell International Inc - Johnson Controls, Inc. - Magal Security Systems Ltd. - NEC Corporation - Panasonic Corporation - Siemens AG - Tyco International Ltd. - United Technologies Corporation For more information visit http://www.researchandmarkets.com/research/hj...bal_market
TYC: 45.59 (+0.58), HON: 116.83 (+0.90), UTX: 103.00 (+1.04), MAGS: 4.43 (-0.12), CSCO: 31.66 (+0.30), JCI: 44.96 (+0.41)
Magal reports 1Q loss
Automated Insights - Tue May 26, 6:03AM CDT
YAHUD, Israel (AP) _ Magal Security Systems Ltd. (MAGS) on Tuesday reported a loss of $450,000 in its first quarter.
MAGS: 4.43 (-0.12)
Magal Announces Commencement of Rights Offering
PR Newswire - Wed Sep 07, 3:26PM CDT
Magal Security Systems Ltd. (NASDAQ: MAGS) announced today that it has commenced a rights offering for approximate gross proceeds of $24 million. Magal has granted, at no charge to the holders of record of its Ordinary Shares, par value NIS 1.00 per share, as of 5:00 p.m., New York City time, on September 9, 2016, the record date for the rights offering, one non-transferable subscription right for each eight (
Ordinary Shares owned. MAGS: 4.43 (-0.12)
Magal Announces Appointment of Kobi Vinokur as Chief Financial Officer
PR Newswire - Tue Sep 06, 3:27PM CDT
Magal Security Systems Ltd. (NASDAQ: MAGS) announced today that Mr. Kobi Vinokur has been appointed as CFO of the Company. Mr. Vinokur will replace Mr. Ilan Ovadia, who has been Magal's CFO since 2009. Mr. Vinokur is expected to replace Mr. Ovadia following a transition period.
MAGS: 4.43 (-0.12), BCO: 37.87 (+1.01)
Magal Security Systems Reports Second Quarter 2016 Financial Results
PR Newswire - Wed Aug 31, 5:48AM CDT
Magal Security Systems, Ltd. (NASDAQ: MAGS) today announced its financial results for the three and six month period ended June 30, 2016. Management will hold an investors' conference call later today, at 10:00 a.m. Eastern Time and 5:00 p.m. Israel time, to discuss the results.
MAGS: 4.43 (-0.12)
Magal Awarded Large Framework Contract to Secure the City of Holon
PR Newswire - Mon Aug 01, 5:00AM CDT
Magal S3, Ltd. (NASDAQ: MAGS) announced today that it signed a framework agreement to supply a safe city turnkey solution for the city of Holon in Israel. The project will be implemented over a five-year timeframe and, if fully implemented, the scope will reach $5 million. The portion to be delivered in 2016 is not material.
MAGS: 4.43 (-0.12)
Magal Security Systems Reports First Quarter 2016 Financial Results
PR Newswire - Tue May 31, 6:28AM CDT
Magal Security Systems, Ltd. (NASDAQ: MAGS) today announced its financial results for the three month period ended March 31, 2016. Management will hold an investors' conference call later today, at 10:00 a.m. Eastern Time and 5:00 p.m. Israel time, to discuss the results.
MAGS: 4.43 (-0.12)
Magal Wins a $9 Million Order to Secure Two Prisons in West Africa
PR Newswire - Tue May 24, 5:00AM CDT
Magal Security Systems, Ltd. (NASDAQ: MAGS) announced today it has received an order of $9 million for complete turnkey security solutions, protecting two newly built prisons in West Africa. The projects are scheduled to be delivered during the remainder of 2016 and 2017.
MAGS: 4.43 (-0.12)
Magal S3 to Release First Quarter 2016 Results on Tuesday, May 31, 2016
PR Newswire - Mon May 23, 5:56AM CDT
Magal S3 (NASDAQ GMS: MAGS, TASE: MAGS) today announced that it intends to publish its first quarter 2016 results on Tuesday, May 31, 2016.
MAGS: 4.43 (-0.12)
Magal Wins $10 Million in Orders to Secure and Maintain Critical Power Utility Sites in LatAm
PR Newswire - Tue May 10, 5:53AM CDT
Magal Security Systems, Ltd. (NASDAQ: MAGS) announced today it received orders amounting to $10 million for new security systems for four critical power utility sites and the maintenance of another thirteen existing secured sites.
MAGS: 4.43 (-0.12)
Magal Receives Homeland Security Orders Totaling $8.4 Million
PR Newswire - Tue Jan 05, 5:00AM CST
Magal Security Systems, Ltd. (NASDAQ GM: MAGS) today announced that it has received several orders in Israel for homeland security (HLS) infrastructure. The aggregate expected revenue from these orders are approximately US$8.4 million, of which one particularly large order makes up over half of this amount. The orders are from a number of existing customers for expansions, maintenance and support.
MAGS: 4.43 (-0.12)
BUYINS.NET: MAGS SqueezeTrigger Price is $4.79. There is $91,500 That Short Sellers Still Need To Cover.
M2 - Wed Dec 02, 3:49PM CST
November 18, 2015
MAGS: 4.43 (-0.12)
Magal Security Systems Reports Third Quarter 2015 Financial Results
PR Newswire - Tue Nov 24, 5:02AM CST
Magal Security Systems, Ltd. (NASDAQ: MAGS) today announced its financial results for the three and nine month periods ended September 30, 2015. Management will hold an investors' conference call later today, at 10:00 a.m. Eastern Time and 5:00 p.m. Israel time, to discuss the results.
MAGS: 4.43 (-0.12)
Magal S3 to Release Third Quarter 2015 Results on Tuesday, November 24, 2015
PR Newswire - Thu Nov 12, 8:30AM CST
Magal S3 (NASDAQ GMS: MAGS, TASE: MAGS) today announced that it intends to publish its third quarter 2015 results on Tuesday November 24, 2015.
MAGS: 4.43 (-0.12)
Magal S3 to Release Second Quarter 2015 Results on Monday, August 31, 2015
PR Newswire - Wed Aug 19, 4:00AM CDT
Magal S3 (NASDAQ GMS: MAGS, TASE: MAGS) today announced that it intends to publish its second quarter 2015 results on August 31, 2015.
MAGS: 4.43 (-0.12)
Magal Wins Contract to Secure 200+ KM Of Pipeline With Long Range Fiber Optic Sensor
PR Newswire - Mon Aug 17, 4:00AM CDT
Magal Security Systems, Ltd. (NASDAQ: MAGS) announced today that it has received an order to secure 200+ km of buried pipeline with its fiber optic sensor system.
MAGS: 4.43 (-0.12)
Global Market Study on Electronic Access Control (EAC) Systems 2015-2019 - Biometric Systems to Witness Highest Growth
M2 - Fri Jul 10, 7:41AM CDT
Research and Markets (http://www.researchandmarkets.com/research/hjd3vg/global_market) has announced the addition of the "Global Market Study on Electronic Access Control (EAC) Systems: Biometric Systems to Witness Highest Growth by 2019" report to their offering. The global market for EAC system in value term grew from USD 10.1 billion in 2009 to USD 15.4 billion in 2013, and is expected to grow to USD 31.2 billion in 2019 growing at a CAGR of 12.6%. The Authentication system (largest market in 2013) increased by 13.1% CAGR during 2009-2013 to reach USD 11.7 billion in 2013. The Asia-Pacific EAC systems market expected to record the highest CAGR growth of 16.7% to reach USD 9.6 billion in 2019. Usage of EAC system in commercial sector (largest end-user in 2013) increased by 13.9% CAGR during 2009-2013 to reach USD 4.6 billion in 2013. Increasing international trade and privatization have influenced the government and private sector to invest in better infrastructure facilities. Construction of roads, residential buildings, healthcare centers and educational institutes are expected to increase in the coming future increasing the demand for EAC systems market in order to attain better security levels. Local and national government have instructed the private sectors to invest in security systems for the prevention of population and property from illegal acts. EAC system market is bifurcated in three major technologies, authentication system (biometric and card based authentication system), intruder alarm system and perimeter security system (free standing and buried perimeter security system) and end-user segment (government, commercial, industrial and residential). The EAC system market is fragmented with several players operating at a global or regional level, supplying EAC system products (authentication system, intruder alarm system and perimeter security system). Some of the companies operating globally and providing products under all three categories are United Technologies Corporation, Tyco International Ltd., Godrej Industries Limited, and Cisco Systems, Inc. There are companies which operate globally and provide products under two categories such as Safran SA (authentication and intruder alarm system), 3M Cogent, Inc. (authentication and perimeter security system), Panasonic Corporation (intruder alarm and perimeter security), and Honeywell International Inc. (authentication and intruder alarm). Some companies operate on the global level and provide only one EAC system product such as Siemens AG (authentication system), Hitachi Ltd. (intruder alarm), and Magal Security Systems Ltd. (perimeter security system). Key Topics Covered: Chapter 1 Preface Chapter 2 Market Synopsis Chapter 3 Porter Five Forces Analysis Chapter 4 Industry Overview Chapter 5 Market Size and Forecast by Product Chapter 6 Market Size and Forecast by End-User Chapter 7 Market Size and Forecast by Geography Chapter 8 Competitive Scenario Chapter 9 Company Profiles - Bosch Security Systems - Cisco Systems, Inc. - Godrej Consumer Product Limited - Hitachi, Ltd. - Honeywell International Inc - Johnson Controls, Inc. - Magal Security Systems Ltd. - NEC Corporation - Panasonic Corporation - Siemens AG - Tyco International Ltd. - United Technologies Corporation For more information visit http://www.researchandmarkets.com/research/hj...bal_market
TYC: 45.59 (+0.58), HON: 116.83 (+0.90), UTX: 103.00 (+1.04), MAGS: 4.43 (-0.12), CSCO: 31.66 (+0.30), JCI: 44.96 (+0.41)
Magal reports 1Q loss
Automated Insights - Tue May 26, 6:03AM CDT
YAHUD, Israel (AP) _ Magal Security Systems Ltd. (MAGS) on Tuesday reported a loss of $450,000 in its first quarter.
MAGS: 4.43 (-0.12)
