Marvell Technology Group (NASDAQ:MRVL) was the target of a significant growth in short interest in the month of May. As of May 15th, there was short interest totalling 5,784,230 shares, a growth of 34.3% from the April 30th total of 4,306,012 shares, American Banking and Market News reports. Based on an average trading volume of…
NTT Communications Corporation (NTT Com), the ICT solutions and international communications business within NTT (NYSE: NTT), announced today that it has agreed with 22 of its global telecommunications-carrier partners on a number of policies to further improve its Arcstar(tm) global network service quality during the Arcstar Carrier Forum 2015, which took place in Tokyo on…
For the auto industry, the conveyor belt was among the first big leaps in technology that changed driving forever. Adding this device to the assembly line allowed Ford to bring down costs significantly and make the Model T affordable to the average person. Other major leaps have been made since then, but perhaps none as…
Last night, inContact (SAAS) delivered 3Q results that matched consensus estimates for total revenue, software revenue and GAAP EPS. Interestingly, customer utilization rebounded nicely from the prior quarter and bookings growth of 35% came in stronger than expected driven by solid field sales execution and accelerating partner activity. All in all, the 3Q earnings report…
QAD reported a respectable quarter last night, delivering in line total revenue and GAAP EPS above estimates. However, management maintained guidance in its seasonally strong F4Q, implying a slight fade in expectations. Importantly, the company continues to notch deals for its on-demand business, particularly from existing on-demand customers rolling out the solution to new sites…
On Thursday, after the markets closed, Textura announced that it acquired LATISTA for $35 million in cash; the deal is expected to close on December 2. LATISTA provides in‐the‐field project management applications, such as punch lists and document management. The company has a similar business model to Textura, as it charges general contractors based on…
