On Friday, Shares of InterCloud Systems Inc (NASDAQ:ICLD), gained 15.53% to $2.38.
InterCloud Systems, declared that it was recently awarded over $2.3 million in next-generation WiFi and DAS networks from existing and new clients. The work on these projects is predictable to be accomplished between Q-3 and Q-4 of 2015.
Mark Munro, CEO of InterCloud Systems stated: “The new contracts from existing customers support that InterCloud continues to deliver industry leading solutions to our demanding customers. The addition of new customers also validates our company’s broad platform of services. Our administration team remains focused on ongoing to build a portfolio of next-generation IT services that will keep InterCloud competitive over the next several years as the IT industry continues to build momentum in cloud and managed services. Customers are in need of companies like InterCloud that can deliver leading edge solutions in cloud recently and also assist them in navigating through this disruption and confusion in the marketplace.”
InterCloud Systems, Inc. provides end-to-end IT and network solutions to the telecommunications service provider and corporate enterprise markets through cloud platforms and professional services in the United States and internationally. It operates through three segments: Applications and Infrastructure, Professional Services, and Cloud and Managed Services.
Shares of ITC Holdings Corp. (NYSE:ITC), declined -0.09% to $34.06, during its last trading session.
ITC Holdings, declared that it will release merged financial results for the second quarter ended June 30, 2015 before the market opens on July 30, 2015.
In addition, ITC will conduct a webcast and conference call at 11 a.m. Eastern on July 30, 2015.
ITC Holdings Corp., together with its auxiliaries, engages in the transmission of electricity in the United States. The company functions as conduit, allowing for power from generators to be transmitted to local distribution systems through its own systems or in conjunction with neighboring transmission systems.
Finally, Janus Capital Group Inc (NYSE:JNS), ended its last trade with -0.58% loss, and closed at $17.00.
Janus Capital Group, declared and closed the acquisition of a majority interest in Kapstream Capital Pty Limited, a global unconstrained fixed income asset manager with USD$6.6 billion in assets under administration as of March 31, 2015. With this transaction, the total Janus Global Macro Fixed Income assets under administration would be USD$8.7 billion as of March 31, 2015. The transaction comprises an initial upfront cash consideration of about USD $85 million. Janus Capital has the option to purchase the remaining 49% interest in the future.
“This transaction underscores three key commitments at Janus,” said Dick Weil, Chief Executive Officer of Janus Capital. “First, we want to be the place where great investors come to invest. Kapstream’s Kumar Palghat, Steve Goldman and Nick Maroutsos are simply great people and great investors. Second, we passionately believe that given volatility in global rates, investors need excellent fixed income choices that offer less exposure to interest rate risk. Third, the acquisition of Kapstream furthers our commitment to expand our fixed income capabilities as part of the firm’s intelligent diversification strategy. Kapstream has a rapidly growing business in one of the world’s best asset administration markets. In addition, this transaction will reinforce our efforts to build a global macro fixed income team offering best-in-class global unconstrained bond strategies.”
Janus Capital Group, Inc. is a publicly owned asset administration holding company with about $167.7 billion in assets under administration. It also provides retirement planning, investment planning, tax planning, investment for college, and tax planning services to its clients.
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