During Thursday’s current trade, AutoNation, Inc. (NYSE:AN)’s shares incline 0.08% to $64.28.
AutoNation, Inc. (AN) declared that it will release its financial results for the second quarter of 2015 on Wednesday, July 22, 2015. Mike Jackson, Chairman, Chief Executive Officer and President, Bill Berman, Executive Vice President and Chief Operating Officer, Cheryl Miller, Executive Vice President and Chief Financial Officer, and Jon Ferrando, Executive Vice President responsible for M&A, will talk about these results and other information regarding the Company during a conference call and audio webcast that same day at 11:00 a.m. Eastern Time.
AutoNation, Inc., through its auxiliaries, provides new and used automotive and spare parts retail services in the United States. The company operates in three segments: Domestic, Import, and Premium Luxury. It offers new and used vehicles; parts and services that comprise automotive repair and maintenance services, wholesale parts and collision services; and automotive finance and insurance products, which comprise vehicle services and other protection products, arranging finance for vehicle purchases through third-party finance sources.
SINA Corp (NASDAQ:SINA)‘s shares drop -1.32% to $56.26, during the current trading session Thursday’s, hitting its highest level.
AutoNation, Inc. (AN), America’s largest automotive retailer, declared that it will release its financial results for the second quarter of 2015 on Wednesday, July 22, 2015. Mike Jackson, Chairman, Chief Executive Officer and President, Bill Berman, Executive Vice President and Chief Operating Officer, Cheryl Miller, Executive Vice President and Chief Financial Officer, and Jon Ferrando, Executive Vice President responsible for M&A, will talk about these results and other information regarding the Company during a conference call and audio webcast that same day at 11:00 a.m. Eastern Time.
AutoNation, Inc., through its auxiliaries, provides new and used automotive and spare parts retail services in the United States. The company operates in three segments: Domestic, Import, and Premium Luxury. It offers new and used vehicles; parts and services that comprise automotive repair and maintenance services, wholesale parts and collision services; and automotive finance and insurance products, which comprise vehicle services and other protection products, arranging finance for vehicle purchases through third-party finance sources.
In a afternoon trade, Ruckus Wireless Inc (NYSE:RKUS)‘s shares surge 0.99% to $11.19.
SINA Corp (SINA)’s shares have been on an uptrend since the company declared on Jun 1 that it has signed a contract to sell as many as 11 million newly issued shares to Charles Chao, the company’s CEO and Chairman. Since then, shares have gained 11.7% so far.
The shares will be priced at $41.49 each, the average closing trading price of the company’s shares for 30 trading days trailing the agreement on May 29. The total value of the deal comes to about $456 million.
According to the deal, CEO Chao has reached a six-month lockup restriction per which he will not able sell any of these shares for a period of 6 months. This further boosted investors’ confidence in the company.
Growth potential of the e-commerce, e-banking, online payment and online entertainment services markets in China over the long term is a positive for the company. SINA’s micro-blogging platform Weibo has also been gaining immense traction of late. However the company’s core business has been witnessing sluggishness for the past few quarters owing to the ongoing shift from PC to mobile.
SINA Corporation, through its subsidiaries, operates as an online media company in the People’s Republic of China. It operates SINA.com, an online brand advertising portal that provides region-focused format and content, including multimedia news; sporting events news; automobile-related news; business news coverage and personal finance columns; entertainment news and events; technology updates; interactive video products, such as news, sports, entertainment, and education; and education, digital, fashion, eLadies, luxury, health, collectibles, travel, and other interest-based channels.
Microsemi Corporation (NASDAQ:MSCC), during its Thursday’s current trading session 0.41% gain and closed at $37.01.
Juniper Networks (JNPR), the industry leader in network innovation, and Ruckus Wireless, Inc. (RKUS), a global supplier of advanced wireless systems, declared a new technology alliance to deliver open, wired and wireless networking solutions for enterprise, government and education customer segments. The companies will work to deliver a unified wired and wireless solution, in addition to collaborate on global go-to-market opportunities to deliver proven, carrier-class network performance, resiliency and scale to mid-size and large enterprise customers.
Gartner predicts that end-user spending on enterprise wireless LAN (WLAN) equipment will grow from $5.3 billion in 2015 to $7.8 billion worldwide in 2019. Ruckus and Juniper Networks believe this enhance is being driven largely by an influx of new WiFi-enabled devices and cloud applications being brought into the workplace by employees. This puts new levels of performance and bandwidth pressure on the campus network infrastructure, from WiFi access points to the network core, creating the need for a flexible, secure and integrated wired and wireless network solution.
Ruckus Wireless, Inc. provides carrier-class Wi-Fi solutions to service providers and enterprises worldwide. It provides gateways, controllers, and access points with related software and services. The company offers SmartCell, a line of carrier-grade wireless access and administration products that comprise specialized hardware products, such as SmartCell Gateways and SmartCell Access Points, in addition to software solutions comprising virtualized SmartCell Gateway and SmartCell Insight software platforms. It also provides ZoneFlex indoor and outdoor access points, which support various virtual WLANs, Wi-Fi encryption, and advanced traffic handling, in addition to point-to-point and multipoint bridges. In addition, the company offers Ruckus SPoT Smart Positioning Technology, a cloud-based smart Wi-Fi location-based services platform; Smart Access Administration Service, a hosted public cloud-based Wi-Fi access service; and Xclaim, a line of controller-less Wi-Fi products targeted for small businesses that have little to no information technology expertise in-house. Further, it provides technical support and maintenance programs for its hardware and software products comprising problem identification and resolution services, software hot fixes, and software error corrections, in addition to software updates on an if and when accessible basis.
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