RECON TECHNOLOGY LTD's earnings have gone downhill when comparing its most recently reported quarter with the same quarter a year earlier.

BEIJING, May 13, 2013 /PRNewswire-FirstCall/ -- Recon Technology, Ltd. (Nasdaq: RCON) ("Recon" or the "Company"), a Chinese non-state-owned oilfield services provider to oil and gas companies and their affiliates, today reported results for its third ...

Recon Technology, Ltd. (NASDAQ:RCON) a company that provides hardware, software, and on-site services to the petroleum mining and extraction industry in the People's Republic of China closed up in its previous session (+8.15%) on 117,203 shares ...

Recon Technology, Ltd. (NASDAQ:RCON) a company that provides hardware, software, and on-site services to the petroleum mining and extraction industry in the People's Republic of China is currently down (-17.56%) on 230,942 shares traded after Recon ...

Many were considered old before a decade of war, and no other technology can replace them, according to an August 2012 report by The Teal Group, a Washington, D.C.

Recon Technology, Ltd ((NASDAQ: RCON) were down 15.02 percent to $1.81. Recon Technology reported its fiscal Q3 results, with total revenue of RMB7.5 million ($1.2 million), representing a 42.4% decline from the year-ago quarter.

Recon Technology, Ltd. (Nasdaq: RCON) 14.6% LOWER; revs fell 42.4 percent to RMB7.5 million while the company also swung into a loss of RMB1.2 million.

Recon is known for its MOD ski goggle inserts and the Jet is very much an evolution of that same technology, but built into a sunglasses frame -- and with some significant upgrades.

Nevertheless, the proposed acquisition of Life Technologies is the biggest-ever deal for the company since its inception in 2006.

The Navy is building the X-47B's landing capability on technology pilots use today, the Precision Approach Landing System (PALS), but going beyond what it uses to help human aviators land on the deck.