PAR Technology Corporation declared about the completion of an agreement related to the sale of its logistics business‎ assets, PAR Logistics Management Systems, to ORBCOMM Inc. which provides a global satellite data communications based on two-way Machine-to-Machine communications.

Additional detail of the disposal was earlier explained using an announcement made on December 28, 2011 that was linked with the Definitive Agreement of technology solutions provider. The transaction was valued at about $6 million and the mode of payment was cash and common equity of ORBCOMM with strong extra earn-out of $4 million.

PAR Technology Corporation (NYSE:PAR) started last trading at an opening price of $4.25 but when closing bell rang the stock finally showed no change to $4.24.

PAR traded with a volume of 8,400 shares, lower from average volume of 17,467 shares. The week-performance of the company after last close appeared at -0.24%, 1 year performance moved at -28.62%, and year-to-date performance appeared positive with +7.61% while a month-performance after last trade went up at 15.85%.

ORBCOMM Inc. (NASDAQ:ORBC) commenced last trading with a price of $3.25 and rallied up to $3.30 during the day but finished the trade at $3.29 with a gain of 1.23%.

Shares price of ORBC is ahead its 52 week low with 66.16% and logging behind from its 52 week high price with -14.77%. ORBC stock price volatility for a week moved about 2.71%. In share capital ORBC has 45.67 million outstanding shares among them 39.05 million shares have been floated in market exchange. ORBC stock institutional ownership remained 4.92% while insider ownership included 3.10%.

The Retalix 10 Store Suite which is a next-generation store platform of Retalix Ltd. recently got selected by the Target Corporation, a leading U.S.-based retailer with annual sales of above $70 billion, for its new retail operations in Canada as the retailer decided to host one of its first 24 stores in Canada.

On the other side, Target Corporation also got a new stock-repurchase plan of about $5 billion which is expected to start after completing current $10 billion program in early 2012. Moreover, along with authorizing share repurchase program the board of directors of Target Corporation announced a quarterly dividend of 30 cents for each common share due on March 10, 2012 to all shareholders at the end of trading session on February 15, 2012.

Retalix Limited (NASDAQ:RTLX) began the last trading session with a price of $16.81 and throughout the session climbed at a high of $16.96 but when day-trade ended the stock finally edged down 0.22% to $16.95.

The liquidity measure in recent quarter results of the company was recorded 2.14 as current ratio and on the other side the debt to equity ratio was 0.05 while long-term debt to equity ratio remained 0.01. RTLX had a cash of $3.36 per share and a book value per share as $10.02 in the most recent quarter.

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