COMPANY CONFUSED BY DROP IN STOCK; EUROPEAN MARKET HURTING TURBODYNE.Byline: Deborah Deborah (dĕb`ōrə), in the Bible, prophetess and judge of Israel, the only woman to hold that office. Under her guidance Barak conquered Sisera and delivered Israel from the oppression of the Canaanite King Jabin. Adamson Daily News Staff Writer The stock price of Turbodyne Technologies Inc. in Woodland Hills took a pounding Tuesday, leaving executives shaking their heads in wonder. Company officials say European European emanating from or pertaining to Europe. European bat lyssavirus see lyssavirus. European beech tree fagussylvaticus. European blastomycosis see cryptococcosis. investors are selling the stock and depressing its price because it misinterpreted the resignation of Bruno Steinhauser as a director of Turbodyne and general manager of European operations. On Easdaq, a European stock market, Turbodyne was one of the biggest losers. The stock price fell 60 cents to close at $2.80 on Tuesday. In the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , shares of Turbodyne, which makes anti-pollution devices, closed at 3-3/4 on Tuesday, up 25/32. On Monday, it dropped by 5 percent to 2 31/32. Steinhauser resigned for personal reasons and to vacate To annul, set aside, or render void; to surrender possession or occupancy. The term vacate has two common usages in the law. With respect to real property, to vacate the premises means to give up possession of the property and leave the area totally devoid of contents. a seat on the board of directors for Walter Ware, the new chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. . Peter Kitzinski took over Steinhauser's job as head of European operations. Previously, he was vice president of corporate finance for Europe. Turbodyne officials said there was no material change in business that could have caused its stock price to drop. |
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