Box, Inc. disclosed tonight it filed a registration statement with the Securities and Exchange Commission for a proposed initial public offering of its common stock. The number of shares to be sold and the price range for the proposed offering have not yet been determined. Box has developed a content sharing platform for companies and individuals using cloud services, an industry that encompasses a broad … Continue reading Box, Inc. Files for IPO
In a research report issued by JMP Securities, the firm maintains their Market Perform rating on Oracle Corporation (NASDAQ:ORCL). Some of the highlights of the note are included below. While we remain cautious about Oracle’s long-term prospects given the shift to the cloud, we do see potential for upside this quarter for two reasons: a) the company faces much easier software license comps for F3Q … Continue reading Better Than Expected Hardware Checks Ahead of Quarter for Oracle Corp (NYSE:ORCL)
The American Depositary Receipts of Vodafone (NASDAQ:VOD) edged up in recent pre-market trading on Monday after a Reuters report that said the British mobile communications company has agreed to buy Spanish cable operator Ono for $7.2 billion euros ($10 billion). Reuters said the acquisition will boost its portfolio of offerings by adding a combination of mobile and fixed-line telephony, pay-TV, and broadband. Vodafone (NASDAQ:VOD) was … Continue reading Vodafone (NASDAQ:VOD) Agrees to Buy Spanish Cable Operator Ono
Shares of Goodyear Tire & Rubber (NASDAQ:GT) are nudging higher in Friday’s evening trade as the company declares the final quarterly dividend on the company’s 5.875% mandatory convertible preferred stock, which is subject to mandatory conversion into shares of Goodyear (NASDAQ:GT) common stock on April 1, 2014. The tire company’s dividend of $0.73 per share is payable in cash April 1, 2014, to shareholders who … Continue reading Large Caps in Focus: Goodyear Tire & Rubber (NASDAQ:GT), Verizon Communications (NYSE:VZ), Bed Bath & Beyond Inc. (NASDAQ:BBBY), Dun & Bradstreet Corp. (NYSE:DNB)
In an analyst note published by Matthew Young at Morningstar, he broke down Landstar System Inc’s (NASDAQ:LSTR) encouraging management guidance update. Management expects Q1 revenues in the $640-690 million range, within the Street consensus of $.59. Some of the other note highlights are included below: Landstar provided an encouraging mid-first-quarter guidance update–freight demand continues to improve, and tightening industry capacity is supporting decent pricing conditions. … Continue reading Landstar (NASDAQ:LSTR) Provides Encouraging Guidance
xG Technology, Inc. (NASDAQ:XGTI), a developer of wireless communications and spectrum sharing technologies, has been awarded a U.S. Patent for cognitive radio that will enable high-performance spectrum sharing. This patent, “Measurement Coordination for Dynamic Spectrum Access Measurements in a Time Division Duplex System”, is an important part of xG Technology, Inc. (NASDAQ:XGTI)’s Dynamic Spectrum Access (DSA) technology. It allows base stations to coordinate their measurements … Continue reading Stocks Moving Pre-Market: xG Technology, Inc. (NASDAQ:XGTI), Recon Technology (NASDAQ:RCON), Core-Mark Holding (NASDAQ:CORE)
