Posts Tagged ‘company’

IBM’s Rocky Road Should Keep Investors Wary Of The Company

Tuesday, May 13th, 2014

Virginia “Ginni” Rometty, arch executive officer of IBM (IBM) recently settled that this is a “rocky time” for a company, and that is positively a box for shares over a final several quarters. The two-year chart, below, shows that shares have remained in a rather flighty range, even as a association has continued to buy behind shares during a poignant gait (Source: Finviz).

(click to enlarge)

Much of a problem has come from a fact that IBM has unsuccessful to beget income growth. This is a problem caused by many factors, though many quite due to new technologies like cloud computing that concede for challenging foe to IBM’s longstanding hardware and program businesses, as good as a compared expectancy of disappearing patron costs. The concerns from this rising competition, as good as IBM’s already existent income weakness, are a primary means behind IBM’s unsatisfactory share opening over a final dual years. Worse yet, there does not seem to be any evident reason for a condition to change.

In an bid to sojourn applicable and again flourishing a business, IBM has endeavored to disentangle itself from reduction essential and slower expansion businesses, while focusing on those it hopes will have incomparable expansion in a future. The primary concentration is on digital information and many quite cloud platforms that remotely yield estimate and software.

Changing march is not a new practice for IBM, that has had to face critical headwinds before. It done a vital distortion during a conflict of personal computing by focusing on hardware and permitting Microsoft (MSFT) to take a some-more remunerative handling complement business, and even assisting indurate Windows as a default OS. The association had to subsequently adjust and chose to desert a PC business to concentration on servers and consulting services. The association done a switch and grew stronger than ever, though now that altered business indication faces nonetheless another threat.

Worse yet, a foe it faces is formidable. Cloud computing has some low pockets and vast names gunning for IBM’s book of business, including Google (GOOG), Amazon (AMZN) and Oracle (ORCL), among others. Amazon Web Services has been flourishing by leaps and finish by charity on-demand smoothness of IT resources with pay-as-you-go pricing for websites doing things as elementary as pity photos or as formidable as regulating exclusive applications.

Amazon has essentially done business out of tiny to mid-sized sites, though a strech will continue to grow. Google offers identical services, with easy formation into a apartment of famous products such as Gmail, YouTube and Google Docs. Similarly, many vast businesses have grown to rest on Oracle’s database systems, that a association hopes to use as an open doorway for upselling business on serve formation of cloud services that competence streamline their business model.

Another transparent emanate for IBM is that a business within China has been in decrease over a final several quarters. This decrease is expected due to both a expansion of rival Chinese alternatives, such as Lenovo (OTCPK:LNVGY), and a clever probability that Chinese companies, and generally a incomparable state owned ones, are attempting to equivocate purchasing U.S. servers in a arise of Edward Snowden divulgence their illusive use in spying. These headwinds might be formidable to face and IBM has already mostly selected to simply get out of a way. In January, IBM announced it was offered a server business to Lenovo for $2.3 billion. Lenovo was also a patron of IBM’s personal mechanism business when IBM chose to desert that segment.

While mostly exiting China and a server business progressing this year, IBM also announced it is investing in cloud information centers and hopes to have 40 cloud centers adult and regulating by a finish of this year. Further, IBM pronounced it would deposit $1 billion to emanate a Watson business unit, formed on a Watson mechanism that kick humans during Jeopardy. Watson’s capabilities seem suitable for medical and patron service, among others, including extended cloud-based uses. IBM also hopes to account start-ups that will rise applications for Watson.

Sadly, a investment is still not as good as what a foe is spending toward holding divided IBM’s business. Moreover, these competitors have really small to remove to IBM and all to benefit from a company, as it is still a primary retailer of record and services for corporate information servers and centers. Moreover, competitors such as Amazon and Google do not need their incursion into cloud-based business services to be immediately profitable, and tend to contest on both use and price, so it is expected a box that margins will face pressure.

If IBM has a singular biggest strength during a moment, it is a income and a capability that income can beget if scrupulously invested. The association done around $16.5 billion final year and has vowed to acquire over $20 per share in 2015. The company’s biggest use of money has been toward batch buybacks, that can concede it to boost gain per share but indeed augmenting earnings, and potentially even if gain decline.

Despite all this potential, a foe is rather tough and a trend has not been great. If one were to write down a brief list of companies that would be many cryptic for an confirmed leader, it is expected that many to all of IBM’s new cloud foe would be on that list. As such, it appears illusive that IBM’s marketplace share in a remaining businesses will face pressure, as will a margins. In a meantime, a association still appears to still be regulating a infancy of a income to buy behind shares and compensate out a dividend. If a transition to a cloud does not work out, and a hilly highway continues, investors might find that these share purchases were done too shortly and during too high of pricing. For these reasons, investors should cruise watchful for improved pricing or some-more information before deliberation IBM.

Editor’s Note: This essay discusses one or some-more bonds that do not trade on a vital exchange. Please be wakeful of a risks compared with these stocks.

Disclosure: I have no positions in any bonds mentioned, and no skeleton to trigger any positions within a subsequent 72 hours. I wrote this essay myself, and it expresses my possess opinions. we am not receiving remuneration for it (other than from Seeking Alpha). we have no business attribute with any association whose batch is mentioned in this article. (More…)

Article source: http://seekingalpha.com/article/2213083-ibms-rocky-road-should-keep-investors-wary-of-the-company?source=google_news

Minerals Corporation’s shareholders approve pierce to cloud computing

Tuesday, April 29th, 2014

No investment advice

The Company is a publisher. You know and determine that no calm published on a Site constitutes a recommendation that any sold security, portfolio of securities, transaction, or investment plan is suitable or advisable for any specific person. You serve know that nothing of a information providers or their affiliates will advise we privately concerning a nature, potential, advisability, value or bearing of any sold security, portfolio of securities, transaction, investment strategy, or other matter.

You know that a Site might enclose opinions from time to time with courtesy to bonds mentioned in other products, including association associated products, and that those opinions might be opposite from those performed by regulating another product associated to a Company. You know and determine that contributors might write about bonds in that they or their firms have a position, and that they might trade such bonds for their possess account. In cases where a position is hold during a time of announcement and such position is famous to a Company, suitable avowal is made. However, we know and determine that during a time of any transaction that we make, one or some-more contributors might have a position in a bonds created about. You know that cost and other information is granted by sources believed to be reliable, that a calculations herein are done regulating such data, and that conjunction such information nor such calculations are guaranteed by these sources, a Company, a information providers or any other chairman or entity, and might not be finish or accurate.

From time to time, anxiety might be done in the selling materials to before articles and opinions we have published. These references might be selective, might anxiety usually a apportionment of an essay or recommendation, and are expected not to be current. As markets change continuously, formerly published information and information might not be stream and should not be relied upon.

Article source: http://www.proactiveinvestors.co.uk/companies/news/68003/minerals-corporations-shareholders-approve-move-to-cloud-computing-68003.html

Systems Administrator Sentenced For Sabotaging Cloud-Computing Server

Sunday, April 27th, 2014

(Newsroom America) — Jonathan Hartwell Wolberg, 31, of Tucson, Arizona, has been condemned to 33 months in prison, followed by 3 years of supervised release, for intentionally causing repairs to a cloud computing server.

Wolberg pleaded guilty on Jan 6, 2014. According to justice documents, Wolberg before worked as a systems director for a association identified as “Company A,” a cloud-computing services provider headquartered in a Eastern District of Virginia.

After resigning, Wolberg continued to enter a networks of Company A for a purpose of deleterious the servers, the reputation, and the business.

From about Mar 16, 2012 by about Aug 1, 2012, Wolberg speedy Company A’s business to leave and personally logged into Company A’s server to emanate a shutdown authority to a pivotal information server.

As a result, he close down Company A’s patron networks, creation pivotal information—including that of hospitals obliged for medicine and other obligatory studious care—unavailable for during slightest several hours.

Wolberg caused hundreds of thousands of dollars of repairs as a result.

Article source: http://www.newsroomamerica.com/story/418879/systems_administrator_sentenced_for_sabotaging_cloud-computing_server_.html

xG Technology Announces Closing of Public Offering of Common Stock – SYS

Wednesday, April 23rd, 2014

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SARASOTA, Fla., April 22, 2014 /PRNewswire/ – xG Technology, Inc. (Nasdaq: XGTI) (“xG” or a “Company”), announced now that it has sealed a formerly announced underwritten open charity of a common stock. The Company charity 5,265,000 shares of a common batch during $1.90 per share to a public. xG perceived sum deduction from a offering, before deducting a underwriting bonus and estimated charity losses payable by xG, of approximately $10,000,000.

The Company intends to use a net deduction perceived from a charity for ubiquitous corporate purposes, including operative capital, product growth and fulfillment, selling activities, enlargement of inner sales organization, serve growth of sales channels, finalize a transition to agreement prolongation production lines, and other collateral expenditures.

Roth Capital Partners is behaving as solitary book-running manager, and Feltl Company is behaving as co-manager for a offering.

The charity was done pursuant to a registration matter on Form S-1 that xG filed with a Securities and Exchange Commission (“SEC”) and that is effective. A final handbill addition containing critical information relating to these bonds was filed with a SEC. Electronic copies of a handbill addition and concomitant handbill will also be permitted on a website of a SEC at http://www.sec.gov.  Copies of a final handbill relating to a charity might be performed from a offices of Roth Capital Partners, Prospectus Department, 888 San Clemente, Newport Beach, CA 92660, (800) 678-9147, or from a above-mentioned SEC website.

This press recover shall not consecrate an offer to sell or a questionnaire of an offer to buy, nor shall there be any sale of these bonds in any state or office in that such an offer, questionnaire or sale would be wrong before to registration or gift underneath a bonds laws of any such state or jurisdiction.

About xG Technology

xG Technology has combined a extended portfolio of egghead skill that creates wireless networks some-more intelligent, accessible, affordable and reliable. The association has combined xMax, a law all-IP cognitive radio technology that enables spectrum sharing. xMax can solve the predicament confronting a wireless industry caused by data-hungry inclination and applications that are straining network capacity. It eliminates a need to acquire wanting and costly protected spectrum, so obscure a sum cost of tenure for wireless broadband access. xG’s idea is to assistance wireless broadband network operators make some-more fit use of their spectrum allocations and to emanate new opportunities for creation in unlawful spectrum. The xMax cognitive radio complement incorporates modernized optimizing technologies that embody spectrum sharing, division slackening multiple-input multiple-output (MIMO) and program tangible radio (SDR). xG offers solutions for numerous industries worldwide, including civic and farming wireless broadband, utilities, defense, puncture response and open safety.

Based in Sarasota, Florida, xG has 60 U.S. and over 140 general patents and tentative obvious applications, and a record is permitted for chartering in both domestic and unfamiliar markets. xG is a publicly traded association listed on a NASDAQ Capital Market where xG common batch is traded underneath a pitch XGTI and xG warrants are traded underneath a symbol XGTIW.

For some-more information, greatfully revisit www.xgtechnology.com

Cautionary Statement Regarding Forward Looking Statements

Statements contained herein that are not formed on stream or chronological fact are forward-looking in inlet and consecrate forward-looking statements within a definition of Section 27A of a Securities Act of 1933 and Section 21E of a Securities Exchange Act of 1934. Such forward-looking statements simulate a Company’s expectations about a destiny handling results, opening and opportunities that engage estimable risks and uncertainties.  These statements embody though are not singular to statements per a dictated terms of a offering, shutting of a charity and use of any deduction from a offering. When used herein, a difference “anticipate,” “believe,” “estimate,” “upcoming,” “plan,” “target”, “intend” and “expect” and identical expressions, as they describe to xG Technology, Inc., a subsidiaries, or a management, are dictated to brand such forward-looking statements. These forward-looking statements are formed on information now permitted to a Company and are theme to a series of risks, uncertainties, and other factors that could means a Company’s tangible results, performance, prospects, and opportunities to differ materially from those voiced in, or pragmatic by, these forward-looking statements.

For More Information:

Media and Analyst Relations
David Worthington
Fusion PR
www.fusionpr.com
(212) 651-4200

Investor Relations
James Woodyatt
xG Technology
www.xgtechnology.com
(954) 572-0395

Jody Burfening/Carolyn Capaccio
LHA
ccapaccio@lhai.com
(212) 838-3777

SOURCE xG Technology, Inc.

Article source: http://www.sys-con.com/node/3068079

Gogo shares take off on aloft income forecast

Monday, November 11th, 2013

The Itasca-based company, that is relocating a domicile to downtown Chicago, went open in Jun and is not nonetheless profitable. For a third quarter, it posted a net detriment of $18.7 million, squeezing from a net detriment of $29 million in the  duration final year.

Revenue expansion was strong, jumping 48 percent from final year to $85.4 million in a many new period. Gogo revised ceiling a full-year income superintendence to $325 million from $315 million.

Shares in a association jumped scarcely 29 percent, to $24.11, in midday trade on a Nasdaq.

Gogo pronounced 2,011 blurb aircraft in North America were versed with a Wi-Fi record during a finish of September, an boost of 24 percent from a year earlier. The association also saw a important boost in a “connectivity take rate” from 4.8 percent to 5.8 percent. This figure represents a commission of passengers on Gogo-outfitted aircraft that use a service.

GOGO Chart

GOGO information by YCharts

Article source: http://www.chicagotribune.com/business/technology/chi-gogo-raises-revenue-forecast-as-loss-narrows-in-3q-20131111,0,7783960.story

Micron Technology, Inc. (NASDAQ:MU) May Be Riding On A Falsely Inflated …

Thursday, October 17th, 2013


Boston, MA 10/17/2013 (wallstreetpr) - The company, notwithstanding of a tumble in a share prices recently, is still good staid to order a marketplace in nearby future. The association is positively one of a leaders in almost conductor market. The association ahs erectly acquired Elpida Memory, thereby creation it a second largest memory manufacturer globally, to be placed usually after Samsung. However, such merger has got a hype that a association might not have deserved. This had nonetheless helped Micron advantage a onetime advantage in final quarter. However, such acquisitions take time to beget a advantages desired, that is a outcome because a marketplace kept over awaiting from a company, thereby ensuing we such tumble in a share prices.

Nonetheless, a association has clever participation in DRAM sector, thereby creation it a clever indicate for a company. Such are used in PC and laptops, and a brief supply of such is helping= a association to pep adult prices f such chips. The supply bottleneck has been a outcome of prolongation intrusion during Hynix’s factories in China, that is approaching to sojourn close compartment a finish of Nov 2013. Given such conditions, joined by nearby monopolistic say, a association is eyeing to advantage a many out of such demands. However, a marketplace seems to have factored a fact that such a direct is temporary, and a DRAM prices shall fell once a China trickery of Hynix hits behind to operations. This shall outcome n decreased volumes as good as reduced cost for a company. Moreover, a fact that such chips are compulsory in production of laptops and PCs, that are already during a disappearing theatre has acted a dour destiny for a final of a product of Micron.

If a final entertain formula were to be removed, a past 7 buliding were reported to be a detriment creation one by a company.

Article source: http://wallstreetpr.com/micron-technology-inc-nasdaqmu-may-be-riding-on-a-falsely-inflated-demand-and-dram-price-surge-10355

Valve reveals haptic diversion controller for recover in 2014

Saturday, September 28th, 2013

Steam ControllerThe controller has dual trackpads that yield haptic feedback

Games developer and publisher Valve has shown off a Steam Controller, a final partial of a plan to pierce a PC-based height to a critical room.

The controller offers dual trackpads that yield “haptic” feedback able of delivering several earthy sensations to a player.

Valve pronounced it offers a improved approach to play games that have traditionally been tranquil with a keyboard and mouse.

Gamers have been invited exam a device before it goes on sale in 2014.

“Traditional gamepads force us to accept compromises,” a association pronounced via a proclamation page.

“We’ve done it a thought to urge on a fortitude and fealty of submit that’s probable with those devices.

Continue reading a categorical story

Analysis – Valve’s week of news




As innovative and successful a association as Valve positively is, they’re holding some risks here.

Not slightest their faith that a marketplace they’re aiming for is so large. PC games, those graphic to a platform, tend to be focused on some-more insinuate interaction, with a immeasurable complexity of a rodent and keyboard for controls.

It’s not a middle that immediately lends itself to a handheld controller from a other side of a room.

It’s also value observant that their thought is not generally novel. Media boxes, and even wheezing PC towers, already lay by a lot of people’s televisions, streaming suitable games from machines in another room, or able of gaming themselves.

A decent apportionment of that viewed assembly who wants to play PC from distant has expected botched something for themselves. we know we have.

For this to work, Valve is going to have to representation some unequivocally glorious tech, regulating in a small, super-quiet machine, during a really rival price.

Those are a lot of factors to get right, if they wish to severely contest with a behemoths of sitting room gaming.

“The Steam controller offers a new and, we believe, vastly higher control scheme, all while enabling we to play from a comfort of your sofa.”

Research and testing

The controller is a third proclamation a association has done this week. On Monday, it summarized skeleton to emanate an whole Linux-based handling complement for regulating games, and followed adult on Wednesday with sum of a Steam Machine, radically a new form of games console.

The widely-anticipated controller completes what Valve will wish is a plan that can change gamers that use normal PCs – that is seen as a marketplace headed for decrease – and awaken them into a critical room.

However, a biggest plea a association faces in doing so is in convincing gamers who have spent years personification titles, quite first-person shooters, by regulating a multiple of keyboard and rodent that a handheld controller can offer a some-more beguiling solution.

The association pronounced it had spent a year researching and contrast opposite control methods. It pronounced a haptic feedback offering new possibilities for formulating immersive gaming.

“This haptic capability provides a critical channel of information to a actor – delivering in-game information about speed, boundaries, thresholds, textures, movement confirmations, or any other events about that diversion designers wish players to be aware.”

The association is to send out 300 early versions of a controller to people who pointer adult for beta testing.

Giant owl eyes

Rob Crossley, associate editor of Computer and Video Games, has been following Valve’s announcements via this week. He has described a latest pierce as “fearless”.

“Controller pattern standards haven’t altered given a initial PlayStation… a D-pad, a dual sticks… that’s developed usually rather over a final 20 years.

“Sure, it looks a small humorous – those dual hulk owl eyes – though we consider that this could lead to a change in a approach we demeanour during controllers.”

Valve is banking on a trackpads providing a same kind of pointing offering by a mouse, Mr Crossley added.

Steam ControllerValve will appeal feedback on a controller from 300 early beta testers

“I consider they trust this is their best try during perplexing to map a pointing of a rodent onto a gamepad.

“If it does compensate off, if they do conduct to obey a rodent on a controller, that opens adult whole new genres.”

Some had speculated – rather hopefully – that Valve would make a warn proclamation about a subsequent complement in a Half-Life series.

However, there was no discuss of a diversion in any of Valve’s announcements – though many now assume that Half-Life 3 could be a launch pretension for a new Steam complement and controller.

“The healthy meditative is certainly they will uncover off Half-Life 3 when SteamOS is launched,” pronounced Mr Crossley.

“A lot of people are also observant that it would be disdainful to a Steam Machine – though that would be a really un-Valve-like thing to do. They’ve always been really open.”

Follow Dave Lee on Twitter @DaveLeeBBC

Article source: http://www.bbc.co.uk/news/technology-24304272

BRF – Material Fact – SYS

Saturday, August 31st, 2013

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SAO PAULO, Aug. 30, 2013 /PRNewswire/ — In correspondence with a supplies in divide 4 of Article 157 of Law 6,404, of December 15, 1976, and object XV of a solitary divide of Article 2 of CVM Instruction 358 of January 3, 2002, BRF S.A. (“Company’) hereby discloses a following MATERIAL FACT:

The Board of Directors authorized, pursuant to object 11 of Article 19 of a Bylaws and to CVM Instruction 10, of February 14, 1980 (ICVM 10), a Company’s share repurchase module (“Program”) to acquire adult to one million, tree hundred eight-one thousand, 9 hundred forty-six (1,381,946) book-entry common shares, with no standard value, analogous to 0.16% of a collateral stock, incompatible book shares, to be effective for fifteen (15) days, starting on September, 2nd , 2013.

The design of a Program is to say a shares in book to eventually accommodate a needs of a “Stock Option Plan” and of a “Additional Stock Option Plan”, both certified during a Company’s Annual and Extraordinary Shareholders’ Meeting hold on April 09, 2013. It shall be obligatory on a Company’s Board of Executive Officers to establish a dates and series of shares to be effectively acquired, pursuant to a certified boundary and tenure of a Program.

In correspondence with Article 18 of ICVM 10, a series of superb shares, as supposing for in Article 5 of a Company’s Bylaws, is 812,132,209 book-entry, purebred common shares with no standard value. Therefore, deliberation a stream series of book shares and a program’s extent for repurchase, a shares hold in book will comment for 0.28% of a giveaway float.

The Program will use a supports from a Profit Reserve, as per a change piece for a mercantile year finished December 31, 2012, certified during a Annual and Extraordinary Shareholders’ Meeting hold on April 09, 2013, that is now R$2,261,079 thousand.

The merger cost shall not be aloft than a marketplace value of a shares. The shares will be acquired during a trade sessions of a BMFBOVESPA, by a intermediaries institutions Bradesco S.A. Corretora de Titulos e Valores Mobiliarios, during Av. Paulista, 1450, 7º andar, Bela Vista, in a city and state of Sao Paulo, SP, Corporate Taxpayer’s ID (CNPJ) 61.855.045/0001-32 and Itau Corretora de Valores S.A., during Av. Brigadeiro Faria Lima, 3.400 – 10º andar, in a city and state of Sao Paulo, Corporate Taxpayer’s ID (CNPJ) 61.194.353/0001-64.

The Company’s Board of Executive Officers is herein certified to take all measures deemed required to lift out a above resolution.

SOURCE BRF S.A.

Article source: http://www.sys-con.com/node/2774712

10 US Companies Profiting Most From US Military Aid To Egypt (VIDEO)

Tuesday, August 20th, 2013

As Congress debates either to cut troops assist to Egypt in a arise of final week’s bloody crackdown, a consequences for America could be even worse than for Egypt. The $1.3 billion in assist America sends to Egypt is essentially used to buy weapons from U.S. invulnerability corporations.

HuffPost Live’s Ahmed Shihab-Eldin takes a demeanour during a 10 U.S. companies who profited many from a Egyptian troops from 2009 to 2011, according to a Institute for Southern Studies (h/t GlobalPost). Lockheed Martin, that perceived $259 million for F-16s and night prophesy sensor systems, leads a pack. Also on a list: DRS Technologies, L3 Communications, Deloitte, Boeing, Raytheon, AgustaWestland, US Motor Works, Goodrich and Columbia Group.

Also on HuffPost:

Loading Slideshow

  • Boeing

    Boeing has a hands in a lot of worker technology. In June, a association successfully finished a exam moody of one of a drones that is meant to stay airborne for days,a href=”http://www.cbsnews.com/8301-205_162-57447147/boeing-successfully-tests-phantom-eye-a-long-flying-drone/” according to CBS News/a.

    Boeing, headed by CEO Jim McNerney, Jr., estimated that it tooka href=”http://www.reuters.com/article/2012/10/24/boeing-results-idUSL1E8LO1V320121024″ home $80.5 billion in revenue/a final year, according Reuters.

    strongCORRECTION:/strong An progressing chronicle of this slip wrongly settled that a Boeing worker flew from Maryland to California. The worker indeed flew around an Air Force bottom in California.

  • General Atomics

    General Atomics, a invulnerability executive formed in Southern California, is set to sell $197 million value of drones to a United Arab Emirates, a href=”http://articles.latimes.com/2013/feb/22/business/la-fi-predator-drone-sale-20130223″according to a Los Angeles Times/a. If a understanding goes through, it would be a initial such sale to a non-NATO country.

    General Atomics, run by CEO J. Neal Blue, a href=”http://qz.com/60456/activist-investors-target-bigger-companies/”took home $652,129,000 in 2012/a, according to Washington Technology,

  • Lockheed Martin

    Lockheed Martin a href=”http://www.engadget.com/2012/07/16/lockheed-martin-stalker-drone-stays-airborne-48-hours-via-lasers/”completed tests in Jul of a “Stalker”/a worker that stays airborne for 48 hours, according to Endgadget. Thea href=”http://dissenter.firedoglake.com/2013/02/04/pbs-ombudsman-drones-program-wouldve-been-better-without-lockheed-martin-support/” association came underneath fire/a after sponsoring a documentary on PBS about drones.

    Lockheed Martin, headed by CEO Marillyn Hewson, took home a href=”http://www.lockheedmartin.com/us/news/press-releases/2013/january/0124hq-earnings.html”$47.2 billion in 2012/a.

  • Northrop Grumman

    Northrop Grumman is assisting to enhance a worker business to a Asia-Pacific region. Late final year, a association sole a href=”http://www.bloomberg.com/news/2012-12-24/south-korea-to-buy-1-2-billion-in-drones-under-u-s-plan.html”$1.2 billion value of drones/a to South Korea, according to Bloomberg.

    Northrop Grumman’s increase a href=”http://articles.latimes.com/2012/feb/01/business/la-fi-northrop-earns-20120201″rose/a 80 percent in a fourth entertain of final year. The association is headed by CEO Wes Bush.

  • AeroVironment

    AeroVironment is a href=”http://www.aolnews.com/2011/02/18/pentagons-tiny-new-spy-drone-mimics-hummingbird/”developing/a a “Hummingbird drone” for a Pentagon, according to Aol News. But don’t let a lovable name dope you; a device can float and roost to watch your each pierce and aims to someday accelerate notice capabilities in civic areas, a href=”http://www.delawareonline.com/article/20130228/BUSINESS08/302280059/Solyndra-critics-back-U-S-energy-lab-seeking-biofuel-from-germs”according to Delaware online/a.

    Despite a frightful nonetheless innovative technology, AeroVironment, that is run by CEO Timothy Conver, is raised a income to dump to a href=”http://www.forbes.com/sites/ericsavitz/2013/03/06/aerovironment-drone-makers-shares-hit-the-wall-on-q3-miss/”$230 million in a arriving mercantile year/a, according to Forbes.

  • Prox Dynamics AS

    This Norway-based company, a href=”http://www.proxdynamics.com/about/”founded by Petter Muran/a in Dec 2007, grown a Black Hornet Nano, a mini-handheld helicopter that helps soldiers consult an area quickly by drifting during a href=”http://www.gizmag.com/black-hornet-nano-uav/26118/”top speeds for adult to 30 minutes/a, according to Gizmag. The UK gavea href=”http://seattletimes.com/html/businesstechnology/2020283205_apeubritainhandheldhelicopter.html” some soldiers a Black Hornet Nanos/a to use in Afghanistan progressing this month, according to a Associated Press. The Hornet was partial of a $31 million contract.

  • Denel Dynamics

    Denel Dynamics, that is partial of South Africa’s biggest builder of invulnerability equipment, has seen a sales a href=”http://www.moneynews.com/Companies/Drone-Makers-Arab-Demand/2013/02/18/id/490847″boom 20 percent /ain a final 4 years, according to Money News. Sello Ntsihlele, a company’s executive manager for worker technology, called a stream meridian “the best time” for drones, since direct is augmenting in a Middle East, East Asia and Africa.

    Denel Dyanmics Missiles a href=”http://www.defenceweb.co.za/index.php?option=com_contentview=articleid=27077:denel-dynamics-missiles-earnings-up-for-2012catid=7:IndustryItemid=116″took home $68,228,037 /ain 2012, that was down from 2011. Executives argued that Denel has historically posted waste since of toilsome contracts.

  • SAIC

    This association is assisting a Pentagon rise underwater drones to urge opposite ultra-quiet submarines, according to Money Morning.

    SAIC, who is run by Chairman John Jumper, took home a href=”http://investors.saic.com/phoenix.zhtml?c=193857p=irol-newsArticleID=1764779highlight=”$2.87 billion in revenue/a during a third entertain of final year, adult 3 percent from a year before.

    (Pictured: An Iranian submarine)

  • Israeli Aerospace Industries

    Israeli Aerospace Industries a href=”http://www.google.com/hostednews/afp/article/ALeqM5gY48uh_MTGsQz1lDhtj4a92ggOZw?docId=CNG.f93648e502555ea3e976efe113d96c98.1b1″pioneered a record used for drones/a in a 1970s, according to Agence France Presse. Tommy Silberring, a conduct of a company’s worker division, pronounced increasing direct around a universe is boosting a worker market, as some-more countries wish to go to fight but putting their soldiers during risk. The worker zone is staid to turn an $11.3 billion attention over a subsequent decade, according to a Teal Group.

  • Textron

    The military’s ardour for drones helped Textron’s invulnerability business measure aa href=”http://www.bizjournals.com/boston/blog/mass-high-tech/2009/11/struggling-textron-finds-success-with-drone.html?page=all” year-over-year income burst of $61 million/a, according to Mass High Tech, even as a rest of a business struggled. The drones have been so successful that a company, run by CEO Ellen Lord, is building record for unmanned underwater vehicles like a one pictured, according to a AP.

    strongCORRECTION:/strong An progressing chronicle of this post misidentified a CEO of Textron Systems. Ellen Lord is a company’s CEO.

  • General Dynamics

    General Dynamics is one of a vital donors to a Congressional Unmanned Systems Caucus (unofficially famous as a worker caucus), a href=”http://www.kpbs.org/news/2012/jul/05/drone-makers-friends-washington/”according to KPBS/a. Yes, that unequivocally does exist.

    The company, run by CEO Jay Johnson, reported a $2 billion detriment in January, citing invulnerability spending cuts, a href=”http://articles.washingtonpost.com/2013-01-23/business/36507001_1_federal-budget-cuts-general-dynamics-largest-federal-contractors”according to a Washington Post/a.

  • DJI

    Hong Kong-based DJI’s Phantom, used by filmmakers to take solid aerial shots, is one of a many finish drones on a market, according to Quartz. DJI’s North America CEO Colin Guinn, as good as others in a worker industry, are putting resources into products like a Phantom, betting that a a href=”http://qz.com/46893/the-private-drone-industry-is-like-apple-in-1984/”FAA will approve drones/a for blurb use in 2015.

Article source: http://www.huffingtonpost.com/2013/08/19/10-us-companies-profiting_n_3780973.html?ir=Business

Rowan Schedules Second Quarter 2013 Earnings Release Date and … – SYS

Monday, July 15th, 2013

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HOUSTON, July 15, 2013 /PRNewswire/ — Rowan Companies plc (“Rowan” or a “Company”) (NYSE: RDC) skeleton to news gain for a second entertain finished June 30, 2013 on Tuesday, Aug 6, 2013, before a open of a financial markets in a United States.  Following a gain report, a Company will control a discussion call during 10:00 a.m. Central Daylight Time to plead a handling results.  Interested parties can listen to a discussion call by write or over a internet. 

(Logo:  http://photos.prnewswire.com/prnh/20120827/DA62568LOGO)

Individuals who wish to attend on a discussion call by write should dial-in approximately 5 to 10 mins before to a scheduled start time, regulating one of a numbers provided. 

877-869-3847 (U.S. and Canada)

201-689-8261 (International)

In addition, a discussion call will be simulcast by a listen-only promote over a internet and can be accessed by logging on during a Company’s website during www.rowancompanies.com.  You should bond to a Company’s website during slightest 15 mins before to a discussion call to register, download and implement any required software.  A replay will be accessible by a internet and can be accessed during a Company’s website.

Rowan Companies plc is a vital provider of general and domestic agreement drilling services with a heading position in high-specification jack-up rigs.  The Company’s swift of 30 jack-up rigs is located worldwide, including a Middle East, a North Sea, Trinidad, Egypt, Southeast Asia and a Gulf of Mexico.  Rowan will enter a ultra-deepwater marketplace with 4 high-specification drillships approaching to be delivered starting in late 2013.  The Company’s Class A Ordinary Shares are traded on a New York Stock Exchange underneath a pitch “RDC”.  For some-more information on a Company, greatfully revisit www.rowancompanies.com.

SOURCE Rowan Companies plc

Article source: http://www.sys-con.com/node/2736761