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Sunday 26 July 2015
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Active Stocks News Alert: Yahoo! Inc. (NASDAQ:YHOO), U.S. Bancorp (NYSE:USB), Quantum Corporation (NYSE:QTM)

On Tuesday, Shares of Yahoo! Inc. (NASDAQ:YHOO), gained 0.48% to $39.73.

Yahoo, stated results for the quarter ended June 30, 2015.

Business Highlights

Search:

Over the past year, Yahoo’s search presence has steadily grown through innovation and partnerships with industry leaders. In Q2, Yahoo introduced a new mobile search experience in the U.S. that connects users right away to the people, places and things they care about by using context and location cues to deliver the most relevant search results.

Communications:

In Q2, Yahoo delivered several new features in Mail counting Yahoo Mail on Firefox Share which allows users to instantly share web pages when using Firefox; integration of Twitter and LinkedIn information in Contacts; and the addition of breaking news notifications to the Mail news feed tab.

Yahoo! Inc. provides search and display advertising services on Yahoo properties and associate sites worldwide. The company offers Yahoo Search that serves as a starting point to navigate the Internet and discover information; and Yahoo Answers, which enables users to seek, discover, and share knowledge and opinions across mobile phones, tablets, and desktops.

Shares of U.S. Bancorp (NYSE:USB), declined -0.22% to $45.74, during its last trading session.

U.S. Bancorp, has named Mike Katz market president and head of commercial banking for the Puget Sound region, effective August 1. Katz succeeds Chris Heman, who is relocating out of the market later this summer.

A seasoned commercial banker, Katz has been with U.S. Bank for 13 years having most recently led its team of commercial banking relationship managers serving a diverse mix of companies in Denver. Over his career, he’s been recognized nationally among the bank’s top performers in the division. He is practiced in capital markets and mergers and acquisitions, counting experience at CH2M Hill and Wells Fargo.

U.S. Bancorp, a financial services holding company, provides a range of financial services in the United States. It offers depository services, which comprise checking accounts, savings accounts, and time certificate contracts; and lending services, such as traditional credit products, in addition to credit card services, leasing, financing and import/export trade, asset-backed lending, agricultural finance, and other products.

Finally, Quantum Corporation (NYSE:QTM), ended its last trade with -0.79% loss, and closed at $1.26.

Quantum Corporation, declared that its DXi6900 deduplication appliance was named “Disk Based Product of the Year: Enterprise” at The Storage Awards 2015. Also known as The Storries and now in their 12th year, the awards are presented by the UK’s Storage Magazine and give readers a chance to recognize and reward outstanding industry products, services and professionals.

Representing the next generation of disk-based data protection for the enterprise, the DXi6900 is powered by DXi® software with Quantum’s StorNext 5 technology at its core, thereby optimizing performance, scalability and manageability. DXi6900 was designed to meet the challenge of evermore demanding and fluid workflows, providing faster backups, restores and replication while easing the strain on network bandwidth and reducing overall operating expenses. Other benefits comprise capacity-on-demand licensing, enabling customers to scale from 17TB to 510TB (usable) via a simple licensing key, and easier multisite data protection through simple setup configuration wizards, detailed resource utilization reporting and chargeback information. In addition, when combined with Quantum’s Q-Cloud™ Protect services, the DXi6900 allows users to build data protection workflows that extend across sites and to the cloud.

Quantum Corporation provides scale-out storage, archive, and data protection solutions for small businesses to major enterprises in the Americas, Europe, and the Asia Pacific. Its scale-out storage portfolio comprises StorNext software, appliances and full systems called StorNext Pro Solutions, in addition to Lattus extended online storage and Q-Cloud Archive services.

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Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

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