|By PR Newswire||
|March 15, 2013 09:40 AM EDT||
NEW YORK, March 15, 2013 /PRNewswire/ --
A new SEC filing revealed that Billionaire Kirk Kerkorian, 95 years old, could boost his position in MGM through his investment company Tracinda. His position would move from 18.6% to 25%. Tracinda made the disclosure with the Federal Trade Commission to comply with antitrust regulations, according to a securities filing earlier this week. Shares of MGM have already gained over 6.5% this year. The stock closed up 6.65% at $13.24 on Thursday.
Whether bull or bear The Stock Freak has got you covered! Sign up to receive our free newsletters and stay up to date with stocks on the run. http://www.thestockfreak.com
Orbitz Worldwide, Inc. (NYSE: OWW) - Shares of Orbitz Worldwide hit a new 52-week high on Thursday. In intra-day trading the stock hit as high as $5.99. The Company's Partner Network, a leading provider of private label travel technology, has launched a new partnership with the Finnish airline Finnair to power dynamic package search and booking capabilities on the co's U.S. website. The new agreement enables travelers to leverage Orbitz Worldwide proprietary technology for booking vacation packages that combine flights with hotel rooms. On March 1st and March 5th, an insider in the Company sold a combined 28,106 shares. OWW closed at $5.94 yesterday, up 9.19%.
ARCA biopharma, Inc. (Nasdaq: ABIO) - ARCA biopharma was one of the biggest gainers on the Nasdaq composite on Thursday, climbing as high as $3.92 in intra-day trading. The unusual price soar was also accompanied by heavy trading volume. The stock traded 1,606,726 shares, significantly higher than the stock's average of 83,185 shares. ARCA biopharma, Inc. is a biopharmaceutical company that focuses on developing genetically-targeted therapies for cardiovascular diseases. The stock closed at $3.19 yesterday, up 38.70%.
The Men's Wearhouse, Inc. (NYSE: MW) - MW was one of the most actively traded stocks on the NYSE. The stock rose as high as $35.29 in intra-day trading. The Company reported revenues yesterday, announcing that overall revenue in the quarter, which ended Feb. 2, rose 8.2% to $608.4 million. For the quarter, the Company met expectations on revenues but missed expectations on earnings per share. The Men's Wearhouse posted a 7-cent per-share loss vs. a 5-cent loss a year earlier, two cents below the low end of management's guidance. Shares of MW closed at $34.64, up 19.16% yesterday.
Sigma Designs, Inc. (Nasdaq: SIGM) - Sigma Designs, Inc. shares closed up 17.65% on Thursday, at $5.20. The Company reported financial results and business highlights for its fourth fiscal quarter and fiscal year ended February 2, 2013. Net revenue for fiscal year 2013 was $216.6 million, an increase of $34.0 million from $182.6 million in the previous year. Net revenue for the fourth quarter of fiscal 2013 was $44.2 million, down $19.7 million, from $63.9 million reported in the previous quarter and up $8.6 million, from $35.6 million reported for the same period last year. On March 4th, the Interim CFO bought 10,000 shares. Research firm Needham upgraded the stock from "hold" to "buy".
Quicksilver Resources Inc. (NYSE: KWK) - Shares of KWK experienced an unusual volume and price per share boost on Thursday. The stock closed with gains over 26% yesterday at $2.74. Trading volume was over nine million shares, more than three times higher than the stock's average of 2,780,830 shares. The independent oil and gas company engages in the acquisition, exploration, development, and production of onshore oil and gas in North America. The stock has a 52-week trading range of 1.62 - 5.97.
To find similar research reports that are available for free follow the link below and sign up at http://www.thestockfreak.com
Disclosure: TheStockFreak.com is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell securities. Investors should always conduct their own due diligence with any potential investment. Please read our report and visit our website, for complete risks and disclosures.
While DevOps promises a better and tighter integration among an organization’s development and operation teams and transforms an application life cycle into a continual deployment, Chef and Azure together provides a speedy, cost-effective and highly scalable vehicle for realizing the business values of this transformation. In his session at @DevOpsSummit at 19th Cloud Expo, Yung Chou, a Technology Evangelist at Microsoft, will present a unique opportunity to witness how Chef and Azure work tog...
Oct. 1, 2016 06:30 AM EDT Reads: 1,919
In this strange new world where more and more power is drawn from business technology, companies are effectively straddling two paths on the road to innovation and transformation into digital enterprises. The first path is the heritage trail – with “legacy” technology forming the background. Here, extant technologies are transformed by core IT teams to provide more API-driven approaches. Legacy systems can restrict companies that are transitioning into digital enterprises. To truly become a lea...
Oct. 1, 2016 06:15 AM EDT Reads: 796
Your business relies on your applications and your employees to stay in business. Whether you develop apps or manage business critical apps that help fuel your business, what happens when users experience sluggish performance? You and all technical teams across the organization – application, network, operations, among others, as well as, those outside the organization, like ISPs and third-party providers – are called in to solve the problem.
Oct. 1, 2016 06:00 AM EDT Reads: 2,796
Almost two-thirds of companies either have or soon will have IoT as the backbone of their business in 2016. However, IoT is far more complex than most firms expected. How can you not get trapped in the pitfalls? In his session at @ThingsExpo, Tony Shan, a renowned visionary and thought leader, will introduce a holistic method of IoTification, which is the process of IoTifying the existing technology and business models to adopt and leverage IoT. He will drill down to the components in this fra...
Oct. 1, 2016 06:00 AM EDT Reads: 1,937
Digital transformation is too big and important for our future success to not understand the rules that apply to it. The first three rules for winning in this age of hyper-digital transformation are: Advantages in speed, analytics and operational tempos must be captured by implementing an optimized information logistics system (OILS) Real-time operational tempos (IT, people and business processes) must be achieved Businesses that can "analyze data and act and with speed" will dominate those t...
Oct. 1, 2016 05:45 AM EDT Reads: 1,336
If you had a chance to enter on the ground level of the largest e-commerce market in the world – would you? China is the world’s most populated country with the second largest economy and the world’s fastest growing market. It is estimated that by 2018 the Chinese market will be reaching over $30 billion in gaming revenue alone. Admittedly for a foreign company, doing business in China can be challenging. Often changing laws, administrative regulations and the often inscrutable Chinese Interne...
Oct. 1, 2016 05:30 AM EDT Reads: 633
I'm a lonely sensor. I spend all day telling the world how I'm feeling, but none of the other sensors seem to care. I want to be connected. I want to build relationships with other sensors to be more useful for my human. I want my human to understand that when my friends next door are too hot for a while, I'll soon be flaming. And when all my friends go outside without me, I may be left behind. Don't just log my data; use the relationship graph. In his session at @ThingsExpo, Ryan Boyd, Engi...
Oct. 1, 2016 05:15 AM EDT Reads: 1,434
Internet of @ThingsExpo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with the 19th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world and ThingsExpo Silicon Valley Call for Papers is now open.
Oct. 1, 2016 05:00 AM EDT Reads: 4,752
Adobe is changing the world though digital experiences. Adobe helps customers develop and deliver high-impact experiences that differentiate brands, build loyalty, and drive revenue across every screen, including smartphones, computers, tablets and TVs. Adobe content solutions are used daily by millions of companies worldwide-from publishers and broadcasters, to enterprises, marketing agencies and household-name brands. Building on its established design leadership, Adobe enables customers not o...
Oct. 1, 2016 04:45 AM EDT Reads: 572
If you’re responsible for an application that depends on the data or functionality of various IoT endpoints – either sensors or devices – your brand reputation depends on the security, reliability, and compliance of its many integrated parts. If your application fails to deliver the expected business results, your customers and partners won't care if that failure stems from the code you developed or from a component that you integrated. What can you do to ensure that the endpoints work as expect...
Oct. 1, 2016 04:30 AM EDT Reads: 1,812
Just over a week ago I received a long and loud sustained applause for a presentation I delivered at this year’s Cloud Expo in Santa Clara. I was extremely pleased with the turnout and had some very good conversations with many of the attendees. Over the next few days I had many more meaningful conversations and was not only happy with the results but also learned a few new things. Here is everything I learned in those three days distilled into three short points.
Oct. 1, 2016 04:00 AM EDT Reads: 5,482
SYS-CON Events announced today that ReadyTalk, a leading provider of online conferencing and webinar services, has been named Vendor Presentation Sponsor at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. ReadyTalk delivers audio and web conferencing services that inspire collaboration and enable the Future of Work for today’s increasingly digital and mobile workforce. By combining intuitive, innovative tec...
Oct. 1, 2016 04:00 AM EDT Reads: 3,127
WebRTC adoption has generated a wave of creative uses of communications and collaboration through websites, sales apps, customer care and business applications. As WebRTC has become more mainstream it has evolved to use cases beyond the original peer-to-peer case, which has led to a repeating requirement for interoperability with existing infrastructures. In his session at @ThingsExpo, Graham Holt, Executive Vice President of Daitan Group, will cover implementation examples that have enabled ea...
Oct. 1, 2016 04:00 AM EDT Reads: 1,657
Apache Hadoop is a key technology for gaining business insights from your Big Data, but the penetration into enterprises is shockingly low. In fact, Apache Hadoop and Big Data proponents recognize that this technology has not yet achieved its game-changing business potential. In his session at 19th Cloud Expo, John Mertic, director of program management for ODPi at The Linux Foundation, will explain why this is, how we can work together as an open data community to increase adoption, and the i...
Oct. 1, 2016 03:30 AM EDT Reads: 1,232
Fifty billion connected devices and still no winning protocols standards. HTTP, WebSockets, MQTT, and CoAP seem to be leading in the IoT protocol race at the moment but many more protocols are getting introduced on a regular basis. Each protocol has its pros and cons depending on the nature of the communications. Does there really need to be only one protocol to rule them all? Of course not. In his session at @ThingsExpo, Chris Matthieu, co-founder and CTO of Octoblu, walk you through how Oct...
Oct. 1, 2016 03:00 AM EDT Reads: 2,456