On Monday, Shares of Hercules Offshore, Inc. (NASDAQ:HERO), gained 1.54% to $0.77.
Hercules Offshore, declared that it has planned a conference call to talk about its first quarter 2015 financial results on April 29, 2015. The call will take place at 10:00 a.m. CDT (11:00 a.m. EDT). The financial results are planned to be released publicly preceding to market opening in the United States on that same day.
Hercules Offshore, Inc., together with its auxiliaries, provides shallow-water drilling and marine services to the oil and natural gas exploration and production industry worldwide. The company operates through Domestic Offshore, International Offshore, and International Liftboats segments.
Shares of Brocade Communications Systems, Inc. (NASDAQ:BRCD), gained 1.24% to $11.85, during its last trading session.
Brocade Communications Systems, declared that it is making new investments in India as an additional base to support the company’s New IP innovations. Brocade declared the opening of a new state-of-the-art Development Center in Bangalore, and stated it will invest US$300 million in India over the next five years. The new Center reaffirms Brocade’s commitment to accelerating growth in one of the world’s fastest-growing economies, and will play an important role in the development of networking innovations based on the New IP architecture.
Brocade believes India is the ideal test bed for the New IP architecture as enterprises and service providers in India are receptive to open standards and are well positioned to leap directly to the New IP technologies over proprietary, legacy networking equipment. The Center will enable Brocade India to showcase proofs-of-concept and pilot projects for customers and partners — while contributing to the development of next-generation, fabric-based and software networking solutions. The Center will also work closely with Brocade technology and solution partners and networking industry thought leaders across India, enabling the company to achieve greater penetration in industry verticals such as service providers, media, banking and finance, education, and the public sector.
In line with Brocade’s plans to advance its leadership in these emerging and transformative technology areas, it will add new capacity in the India operations and effectively grow its development team in India, while expanding its sales force to support market growth. India is also home to the engineering teams of two recent Brocade acquisitions — Vistapointe and Connectem — making India a keystone in the company’s overall growth plan and extending its leadership in software networking and virtualized network functions, critical technical components in New IP networks.
According to Gartner, the Indian data center infrastructure market, comprising server, storage, and networking equipment, will reach US$2.03 billion in 2015 — making India the second-largest market for data center infrastructure and the second-fastest-growing market in Asia Pacific. Separately, the new Indian Government is investing US$19 billion between 2014-18 for the “Digital India” program, with a noteworthy spend on the network in a directive to build State Wide Area Networks (SWANs), new data centers in each state, smart cities, and a cloud-based platform to drive connectivity for all 1.3 billion citizens.
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.
Finally, at the end of Monday’s trade, Shares of Xcel Energy Inc. (NYSE:XEL), gained 1.16% to $34.77.
Xcel Energy, will host a conference call to review first quarter financial results. Earnings will be released preceding to the opening of trading.
The call will start at 9:00 a.m. Central Time. To take part in the conference call, please dial in at least 5-10 minutes preceding to the planned start and follow the operator’s instructions.
Xcel Energy Inc., through its auxiliaries, engages primarily in the generation, purchase, transmission, distribution, and sale of electricity in the United States. It operates through Regulated Electric Utility, Regulated Natural Gas Utility, and All Other segments. The company generates electricity using coal, nuclear, natural gas, hydro, solar, biomass, oil and refuse, and wind energy sources.
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