During Friday’s current trade, Brocade Communications Systems, Inc. (NASDAQ:BRCD)’s shares decline -0.53% to $12.28.
Brocade Communications Systems, Inc. (BRCD) is an SDN application that supports an OpenDaylight-based controller that provides real-time policy-based administration for network traffic flows. When coupled with Brocade MLXe routers, the Brocade Flow Optimizer enables service providers and enterprises to gain proactive insight into their network traffic, mitigate network attacks, and eliminate network congestion, with the ultimate aim of improving the end user experience.
Organizations operating in recently’s New IP environment face increasing demands for cloud-based applications and need to support social, mobile, and Big Data initiatives. However, network performance combined with security-related attacks and breaches continue to impede delivery of services and create additional challenges to network and service reliability. The Brocade Flow Optimizer application allows network managers to mitigate network flood attacks, throttle bandwidth intensive workloads, reprioritize rogue traffic, and redirect suspicious activity for further analysis.
Brocade also declared the Brocade NetIron® OS 5.9 software, building on the continued advancement of SDN capabilities in the Brocade MLXe routers. Providing new OpenFlow features, this latest OS release leverages the industry-leading Brocade VersaScale™ programmable forwarding architecture. By using this architecture with SDN applications such as the Brocade Flow Optimizer, organizations can improve visibility over network traffic and simplify forwarding control.
Brocade Communications Systems, Inc. provides storage area networking (SAN) and Internet protocol networking solutions for businesses and organizations worldwide. It operates through SAN Products, IP Networking Products, and Global Services segments. The SAN Products segment offers infrastructure products and solutions, such as fiber channel SAN backbones, directors, fabrics, and embedded switches that assist customers in the development and delivery of storage and server consolidation, disaster recovery and data security, and compliance issues regarding data administration; and fabric extension, switching, and routing solutions.
In a mid-morning trade, U.S. Bancorp (NYSE:USB)‘s shares plunge -0.60% to $44.58.
U.S. Bancorp (USB) is offering all online banking customers free access to their credit score, plus an online simulator that tells them how the financial choices they make recently may affect their score and their ability to access credit in the future.
The service, CreditView, is offered by TransUnion. CreditView appears as a custom dashboard with the customer’s TransUnion credit score, factors that are influencing that score and variables that can simulate what may happen to that score if, for example, the customer paid off his or her credit card, or applied for a loan. The tool provides added information as consumers think through how to best position themselves financially.
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.
Monsanto Company (NYSE:MON), during its Friday’s current trading session -0.54% loss and closed at $114.49.
Monsanto Company (MON) the world’s largest seed company, met this week with Syngenta AG shareholders in a bid to pressure the Swiss rival into negotiations after a $45 billion takeover offer was rejected.
Chief Operating Officer Brett Begemann and Chief Technology Officer Robb Fraley met Monday and Tuesday in Europe to talk about the merits of the bid with Syngenta investors, many of whom also own Monsanto shares, said Scott Partridge, vice president of strategy. Some shareholders are frustrated the Basel, Switzerland-based company has refused to negotiate, he said.
Monsanto rose 0.5 percent to $115.08 at the close in New York. Syngenta fell 0.5 percent to 399.70 francs in Zurich, the lowest close since May 8.
Monsanto’s buyout offer would combine its leading franchise in genetically modified crops with the world’s biggest maker of agricultural chemicals.
Syngenta may be willing to consider a bid of at least 500 francs a share, a person familiar with the matter said last month.
Monsanto’s meetings this week stemmed from public presentations last month in New York, where executives were invited to talk with investors in Europe, Partridge said.
Monsanto Company, together with its auxiliaries, provides agricultural products for farmers worldwide. It operates in two segments, Seeds and Genomics, and Agricultural Productivity. The Seeds and Genomics segment produces row crop seeds, counting corn, soybean, cotton, and canola seeds principally under the DEKALB, Channel, Asgrow, and Deltapine brands; and vegetable seeds compriseing of tomato, pepper, melon, cucumber, pumpkin, squash, beans, broccoli, onions, lettuce, and other seeds under the Seminis and De Ruiter brands.
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