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![]() | 10/18/2012 Redflex Share Value Tumbles as Chicago, Illinois Contract ThreatenedPotential loss of Chicago, Illinois red light camera contract in January threatens Redflex profitability. Australian investors panicked yesterday as Redflex Traffic Systems admitted they had been caught by the Chicago Tribune newspaper having committed a serious ethical violation. As the news arrived down under, Redflex shares tumbled 14 percent to $1.76 -- a low not seen since the beginning of the year.
The lousy performance of the red light camera company in 2012 is hitting the firm's executives in the pocketbook. On Monday, Redflex asked shareholders to prepare for the annual meeting in Melbou ... | ||
![]() | 10/17/2012 Iowa: Proposed Citizen Initiative Would Ban Traffic Ticket DronesACLU of Iowa promotes giving Iowa City residents the chance to adopt the most sweeping ban on photo enforcement in the nation. | ||
![]() | 10/16/2012 Maryland Town Defends Practice of Forging Signature on Speed Camera TicketsRiverdale Park, Maryland argues it does not need to refund speed camera tickets issued with a forged signature. | ||
![]() | 10/15/2012 Former Australian Road Safety Official Questions Speed EmphasisRoad safety conference presentation in Australia urged officials to end the obsession with speed enforcement. | ||
![]() | 10/14/2012 France, Germany, Saudi Arabia: Speed Cameras Attacked, QuestionedSpeed cameras in France and Germany are assaulted while ambulance drivers in Saudi Arabia complain of the hazards they create. |
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