MGT Capital (MGT) Proposed CEO McAfee Says First Bitcoin Mining Machines Now Ready
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MGT Capital (MGT) Shareholders Approve Proposals; Includes Name Change to 'John McAfee Global Technologies'
September 9, 2016 9:02 AM EDTMGT Capital Investments, Inc. (NYSE: MGT), announced that its shareholders approved all eight proposals voted on today at the Company's 2016 Annual Meeting of Stockholders.
"We are pleased to have received overwhelming shareholder approval for the proposals at this year's annual meeting of stockholders, including the proposals that allow the Board of Directors to move ahead with our plans to transition into an innovative cybersecurity company. We will be able to execute upon these activities and implement the next phase of... More
MGT Capital Investments (MGT) Shares Move to Session Highs
September 8, 2016 11:38 AM EDTMGT Capital Investments (NYSE: MGT) shares are trading to session highs. The stock is up 0.8 percent after being down as much as 4.5 percent.
Volume of over 5.7 million shares compares with the trailing average of 4.3 million.
... MoreMGT Capital Investments (MGT) Shares Hold Gains in Late Trading
September 7, 2016 3:56 PM EDTMGT Capital Investments (NYSE: MGT) are trading to session highs into the close. The stock is up over 16 percent with around 7.4 million shares trading, versus the daily average of 4.3 million.
... MoreMGT Capital Investments (MGT) Gains on McAfee Sale Report
September 7, 2016 3:35 PM EDTMGT Capital Investments (NYSE: MGT) spikes to session highs following reports Intel (NASDAQ: INTC) is near a deal to sell McAfee to TPC. Shares are up 12%.
MGT is not connected to the sale but is run by McAfee founder John McAfee. In addition, MGT has filed a complaint against Intel.
... MoreMcAfee Says New Products Can Catch Hackers Within 10 Seconds - Bloomberg (MGT)
September 7, 2016 2:54 PM EDTMcAfee Says New Products Can Catch Hackers Within 10 Seconds - Bloomberg (NYSE: MGT)
... MoreMGT Capital Investments (MGT) Files Complaint Against Intel (INTC)
September 6, 2016 8:48 AM EDTMGT Capital Investments, Inc. (NYSE: MGT) announced that on September 2nd the Company and John McAfee filed a lawsuit in the United States District Court, Southern District of New York seeking a judgment that the Company's use of "John McAfee Global Technologies, Inc." does not infringe upon any trademark rights of Intel Corporation (NASDAQ: INTC) or breach any agreement between the parties.
By way of abbreviated background, in 1991, Mr. McAfee entered into an asset acquisition agreement with McAfee Associates, L.P., with Mr. McAfee as Managing... More