Lawyers Already Up in Arms Over OSI Systems (OSIS) Selloff

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OSI Systems (OSIS) Sell-Off Overdone; Risk of Debarment is Low - Benchmark

December 10, 2013 11:01 AM EST

OSI Systems (NASDAQ: OSIS) stock sank on Monday on after the company reported its security division, Rapiscan Systems, provided an update on the delivery order recently terminated by the U.S. Transportation Security Administration (TSA). The Company believes the termination resulted from Rapiscan's use of an upgraded component in the AT-2 detection systems. While the component change was vetted by Rapiscan's... More

OSI Systems (OSIS) Now Down ~$350M on $60M Rapiscan Order Flub

December 9, 2013 3:32 PM EST

Is OSI Systems (Nasdaq: OSIS) sell-off over done?

Shares of OSI fell over 39 percent Monday following an update to a recent delivery order recently terminated by the U.S. Transportation Security Administration (TSA) with OSI's Rapiscan unit.

Last Thursday... More

OSI Systems (OSIS) Plummets Following TSA Order Cancellation Update

December 9, 2013 11:39 AM EST

OSI Systems, Inc. (Nasdaq: OSIS) is down over 29 percent on volume Monday.

Earlier, OSI announced that its security division, Rapiscan Systems, provided an update on the delivery order recently terminated by the U.S. Transportation Security Administration (TSA). The Company believes the termination resulted from Rapiscans use of an upgraded component in the AT-2 detection systems. While the component change was vetted by Rapiscans... More