Technology Briefs - Nov. 16 - Nov. 22

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The Latest Headlines:


Snap-on Names Michaels as Chairman, CEO

Diagnostic-tool manufacturer Snap-on Inc. said that Chairman and Chief Executive Officer Dale Elliott had resigned and was replaced by Jack Michaels.

Michaels has been a director with Snap-on since 1998, the company said in a statement. Previously, he was CEO of HNI Corp.

Snap-on also said it expected to its full-year earnings to be in the range of $1.35 to $1.45 per share. Transport Topics




Iteris Changes Stock Symbol

Iteris Inc., a provider of traffic optimization and safety technology, said it changed the ticker symbol for the company's common stock to ITRS, from ITRSA and ITRSB.

The company said in a statement the change reflected the previously announced conversion of the its Class B common stock into Class A common stock, resulting in a single class. Transport Topics

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