Category: Business & Finans

Red Hat Expects Healthy First Quarter Revenue Growth

Red Hat will report fiscal first quarter 2015 results Wednesday, July 9th, after the markets close. Analysts expect healthy results, with constant-currency billings...

American Apparel Co-Chair Says Company Not For Sale; Co. and Advisers Considering Debt, Fresh Offering

American Apparel’s (APP) new co-chairman Allan Mayer told Reuters on Monday that the fashion retailer is not for sale and that it does not need immediate capital....

Synthetic Biologics Adds 3%; Diabetes Study Supports Its Methane-Regulating Treatments

Synthetic Biologics (SYN) shares were higher over 3% in recent trade after a study at Cedars-Sinai Medical Center supported its contention that methane regulating...

Siemens AG: Dresser-Rand Acquisition Price Represents Full Valuation but Strategic Fit Justifies the Cost

Siemens announced the acquisition of Dresser-Rand (DRC $81.97; Market Perform) for $7.6 billion ($83 per common share in cash). Concurrent with the acquisition...

On Track Innovations Up 3% On First Commercial Trio Payment System Order

On Track Innovations (OTIV) is getting a boost Tuesday as the cashless payments products company receives its first commercial order from UK-based Vianet (VNET.L) for...

BroadSoft: Strategic Value Rising as Ericsson Ups the Ante to Take on Enterprise IT

We attended Ericsson’s (ERIC $12.98) briefing at NASDAQ MarketSite in New York City today where the company’s CEO, Hans Vestberg, gave an overview of Ericsson’s...

MSC Industrial Direct Co, : 2015 Outlook Is Focus—Entering Final Leg of Investment Cycle

We expect an in-line quarter with 8% sales growth and EPS at $1.01, up 6%. The buy-side expects in-line results, but is cautious on fiscal 2015 guidance. Organic average...

WESCO International: Slight Upside to Quarter and Optimistic First Look at 2015 Possible

The key conclusion from the second quarter was that Wesco was finally seeing a broad-based recovery across all end-markets and geographies. Management also lowered the...

Aerohive Networks Reports Solid Fourth Quarter

Following last quarter’s pre-announcement, Aerohive Networks delivered a solid close to the year, with revenue of $36.2 million (up 19.5% year-over-year), in line with...