UPDATE: Oppenheimer Upgrades OSI Systems (OSIS) to Outperform, TSA Issue a "Tempest in a Teapot"
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OSI Systems (OSIS) Looks to Erase 28% Drop Following Analyst Upgrade
November 16, 2012 8:39 AM ESTOSI Systems, Inc. (Nasdaq: OSIS) shares are on the mend Friday morning following a 28 percent drop Thursday on chatter it falsified information for its Rapiscan system. The company... More
OSI Systems (OSIS) Says Did Not Falsify Testing of AIT Systems
November 15, 2012 2:40 PM ESTOSI Systems, Inc. (NASDAQ: OSIS), a vertically-integrated provider of specialized electronics and services, announced today that on November 9, 2012 Rapiscan Systems, its Security division, was delivered a show cause letter from the U.S. Transportation Security Administration (TSA). The letter, which pertains to a privacy system... More
OSI Systems (OSIS) Hit as Legitimacy of Rapiscan Data Called into Question
November 15, 2012 11:00 AM ESTOSI Systems (Nasdaq: OSIS) is getting hit Thursday amid reports of foul play while conducting its scanner tests.
Reports today have U.S. Rep Mike Rogers sending a letter to the Transportation Security Administration (TSA) head John Pistole, stating that OSI's body scanning... More
