Stock Monitor: Blonder Tongue Laboratories Post Earnings Reporting
LONDON, UK / ACCESSWIRE / November 28, 2017 / Active-Investors issued a free report on Frequency Electronics Inc. (NASDAQ: FEIM) ("Frequency"), which is readily accessible upon registration at www.active-investors.com/registration-sg/?symbol=FEIM as the Company's latest news hit the wire. On November 22, 2017, the Company announced the appointment of Jonathan Brolin to its Board of Directors, effective immediately. Brolin will replace Admiral S. Robert Foley, Jr. on the Board of Directors and will serve as a member of the Board's Compensation and Audit Committees. Sign up now for our free research reports at: www.active-investors.com/registration-sg.
Active-Investors.com is currently working on the research report for Blonder Tongue Laboratories, Inc. (NYSE American: BDR ), which also belongs to the Technology sector as the Company Frequency Electronics. Do not miss out and become a member today for free to access this upcoming report at: www.active-investors.com/registration-sg/?symbol=BDR.
Active-Investors.com is focused on giving you timely information and the inside line on companies that matter to you. This morning, Frequency Electronics most recent news is on our radar and we have decided to include it in our blog post. Today's free coverage is available at: www.active-investors.com/registration-sg/?symbol=FEIM.
Brolin, Founder and Managing Partner of Edenbrook Capital, LLC, owns approximately 14.3% of Frequency's outstanding shares and is the largest shareholder of the Company.
Frequency Looks Forward to Collaborating with its Largest Shareholder
Commenting on the appointment, Joel Girsky, Chairman of the Board of Frequency (NASDAQ: FEIM), stated that the Company is pleased to welcome Brolin to the Board, and is confident that his significant financial expertise and in-depth knowledge of the business and industry will further strengthen Frequency's Board. The Company looks forward to collaborating with its largest shareholder to help create value for all shareholders.
Brolin's Career Graph
Jonathan Brolin founded Edenbrook Capital in 2011, an investment advisory Company concentrating investments in small and mid-cap companies, serving customers in the State of New York. His responsibilities include identifying equities that are undervalued on a fundamental basis, performing intensive research on companies and industries, understanding existing and potential levers for creating value, and collaborating with management teams and/or other constituents to unlock shareholder value.
Brolin has over 20 years of experience in public and private equity investing. Additionally, Brolin serves as an Adjunct Professor of Finance at Fordham's Gabelli School of Business, where he teaches Advanced Topics in Value Investing.
Brolin's Educational Background
Brolin earned his MBA from Columbia Business School, where he was a member of the Beta Gamma Sigma Honor Society. He earned his BA from the University of Pennsylvania, where he was a Benjamin Franklin Scholar and General Honors Student.
S. Robert Foley Professional Contributions
S. Robert Foley, Jr. recently retired as Vice President for Laboratory Management, University of California. He served as Vice President of Raytheon International, Inc. and President of Raytheon Japan. Admiral Foley served in the United States Navy, including the position of Commander-In-Chief of the Pacific Fleet, and also served as director of INTELSAT General Corp.
Frequency Appointed New COO
On September 13, 2017, Frequency appointed Dr. Stanton Sloane as the Chief Operating Officer (COO). Dr. Sloane holds a bachelor's degree in Professional Studies (Aeronautics) from Barry University, a master's degree in Human Resources Management from Pepperdine University, and a Doctor of Management degree from the Weatherhead Business School at Case Western Reserve University. He also served as an officer in the US Navy and has worked on space and terrestrial systems of interest to FEI such as GPS, secure communications, radar, and electronic warfare.
About Frequency Electronics Inc. (NASDAQ: FEIM)
Founded in 1961, Frequency is a world leader in the design, development, and manufacture of high-precision timing, frequency control, and synchronization products for satellite and terrestrial applications. The Company's products are used in commercial, government, and military systems, including satellite payloads, missiles, UAVs, piloted aircraft, GPS, secure radios, SCADA, energy exploration, and wireline and wireless communication networks. Frequency is headquartered in Mitchel Field, New York.
Stock Performance Snapshot
November 27, 2017 - At Monday's closing bell, Frequency Electronics' stock dropped 1.58%, ending the trading session at $9.35.
Volume traded for the day: 524 shares.
Stock performance in the previous three-month period - up 16.58%
After yesterday's close, Frequency Electronics' market cap was at $81.44 million.
The stock is part of the Technology sector, categorized under the Communication Equipment industry.
Active-Investors ("A-I") produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE, NASDAQ, and Canadian stocks. A-I has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles, and reports covering equities listed on NYSE and NASDAQ, and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles, and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
A-I has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third-party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email firstname.lastname@example.org. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by A-I. A-I is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.
A-I, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. A-I, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, A-I, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither A-I nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://active-investors.com/legal-disclaimer/.
For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list, contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Phone number: 73 29 92 6381
Office Address: 6, Jalan Kia Peng, Kuala Lumpur, 50450 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, Malaysia
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.