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Saturday 2 May 2015
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Major News Alert: Iron Mountain Inc (NYSE:IRM), Corning Incorporated (NYSE:GLW), Bank of America Corp (NYSE:BAC), Sirius XM Holdings Inc (NASDAQ:SIRI)

During Tuesday’s current trade, Iron Mountain Inc (NYSE:IRM)’s shares gained 5.60%, to $38.28.

Today, Iron Mountain (IRM) and CloudBlue, an Ingram Micro Company (IM), declared a new service offer that brings together distinct capabilities in security, services, and scale from two industry leading information administration companies. Iron Mountain will offer CloudBlue’s IT Asset Disposition services paired with Iron Mountain’s secure chain of custody and logistics. Unlike other solutions accessible recently, the combination of Iron Mountain and CloudBlue means customers’ equipment will be picked up by trained and vetted Iron Mountain employees and tracked through Iron Mountain’s secure chain of custody and delivered to CloudBlue’s facilities for processing.

Customers take data security very seriously and when IT assets have reached their end of life, it’s important to take disposal of those assets and related data seriously. CloudBlue provides secure and sustainable disposition solutions for enterprises worldwide and was named a Leader in Gartner’s 2014 Magic Quadrant for IT Asset Disposition, Worldwide.

The Gartner Magic Quadrant for IT Asset Disposition, Worldwide, states: “The three most important tasks to execute correctly, and to which ITAD executives should pay special attention, are data sanitization, transportation logistics and recycling. These three areas constitute the greatest risk in the ITAD process, so they should be handled by a practiced, well-vetted ITAD service vendor.”*

“Our relationship with CloudBlue offers customers a unique combination of secure logistics and environmentally-friendly IT asset disposition,” said Eileen Sweeney, senior vice president and general manager of Data Administration, Iron Mountain. “Combining CloudBlue’s expertise in data destruction, refurbishment and remarketing, and recycling; with Iron Mountain’s solid reputation as a trusted protector of data and assets, should provide businesses with peace of mind knowing their data and IT assets are managed and disposed of properly and safely. As more mobile devices contain sensitive data and technology refresh cycles continue to shorten, this combination will be one to watch and partner with moving forward.”

Iron Mountain Incorporated, together with its auxiliaries, provides storage and information administration services in North America, Europe, Latin America, and the Asia Pacific. It operates through North American Records and Information Administration Business, North American Data Administration Business, and International Business segments. The company provides storage services for paper documents and other media, such as microfilm and microfiche, master audio and videotapes, film, X-rays, and blueprints, counting healthcare information services, vital records services, and service and courier operations, in addition to the collection, handling, and disposal of sensitive documents for corporate customers.

Corning Incorporated (NYSE:GLW)’s shares dipped -1.52% to $22.03, during the current trading session Tuesday’s.

Today, Corning Incorporated (GLW), declared its results for the first quarter of 2015.

First-Quarter Performance Highlights

  • Core sales were $2.4 billion*, a 4% enhance on a year-over-year basis. Net sales (GAAP) were $2.3 billion, consistent with the preceding year quarter.
  • Core earnings per share were $0.35 per share*, an enhance of 21% over the comparable quarter last year. GAAP earnings per share were $0.29.
  • Sales in the Optical Communications segment raised 18% from the year-ago period, driven by strong demand for the company`s fiber-to-the-home solutions and the addition of sales from a recent acquisition.
  • Sequential LCD glass price declines continued at moderate levels in the first quarter, and the company anticipates prices to decline even less in the second quarter.
  • Corning® Gorilla® Glass sales were strong in the quarter, driven by the success of Gorilla Glass 4.

These are non-GAAP financial measures. The reconciliation between GAAP and non-GAAP measures is offered in the tables following this news release, in addition to on the company`s website. Additional non-GAAP reconciliations for the years 2013 and 2014 have been offered on our website, and they detail the change in core gross margin, core selling, general and administrative expenses, and core research, development, and engineering expenses due to the change in Corning`s constant-Japanese yen rate from ¥93 to ¥99 starting in the first quarter of 2015. Core performance metrics (non-GAAP) are adjusted to exclude the impact of changes in Japanese yen foreign exchange rate, in addition to other items that do not reflect ongoing operations of the company. See “Use of Non-GAAP Financial Measures” section of attached Form 8-K for details on core performance measures.

“We are off to an excellent start in 2015,” Wendell P. Weeks, chairman, chief executive officer and president, said. “In the first quarter, we benefited from the company`s business diversity with core sales growing in four of five segments.

Corning Incorporated manufactures and sells specialty glasses, ceramics, and related materials worldwide. The company operates through five segments: Display Technologies, Optical Communications, Environmental Technologies, Specialty Materials, and Life Sciences. The Display Technologies segment manufactures glass substrates for active matrix liquid crystal displays (LCDs) that are used primarily in LCD televisions, notebook computers, and flat panel desktop monitors.

In an afternoon trade, Bank of America Corp (NYSE:BAC)’s shares climbed 0.29%, to $15.60.

Today, Runners who entered the 2015 Bank of America Chicago Marathon lottery will be notified today of their selection status. This year’s field will be comprised of runners selected through the lottery in addition to participants who qualified for one of five guaranteed entry opportunities. Lottery entrants will be informed of their status throughout the day via email. The world-class event will take place on Sunday, October 11, 2015.

“The Bank of America Chicago Marathon draws runners from around the world to Chicago and we’re proud to welcome everyone to our hometown to experience this first-class race,” said Tim Maloney, Bank of America Illinois president. “Chicago is especially vibrant with excitement during race week. We’re honored to host this annual event because of its positive economic impact to the city and to charitable causes, and to ensure everyone touched by the marathon has a great experience.”

Runners selected through the lottery will join those who guaranteed their entry into the race during the six-week lottery entry period. Guaranteed entries comprised of Chicago Marathon legacy finishers, time qualifiers, international tour groups, charity runners and those who deferred their 2014 entries. The 2015 field size is predictable to resemble previous years, with about 45,000 participants.

“Today marks the start of an exciting journey for many of our runners,” said Carey Pinkowski, Bank of America Chicago Marathon executive race director. “The marathon is a milestone in people’s lives and has also become a fall staple for the running community. We’re thrilled to be a part of that journey, from lacing up their shoes for training runs to celebrating the victory of crossing the finish line in Grant Park.”

Bank of America Corporation, through its auxiliaries, provides banking and financial products and services for individual consumers, small and middle market businesses, institutional investors, large corporations, and governments worldwide. The company operates through Consumer & Business Banking; Consumer Real Estate Services; Global Wealth & Investment Administration; Global Banking; Global Markets; and Legacy Assets & Servicing segments. It offers traditional and money market savings accounts, CDs and IRAs, checking accounts, and investment accounts and products, in addition to credit and debit cards; and lending related products and services, working capital administration, and treasury solutions.

Sirius XM Holdings Inc (NASDAQ:SIRI), during its Tuesday’s current trading session dropped -0.76% to $3.92.

Today, Sirius XM Holdings Inc (SIRI), declared it will launch “Let’s Talk with Abby and Ari,” a live, one-hour weekly, call-in show hosted by MSNBC The Cycle’s Abby Huntsman and Ari Melber.

“Let’s Talk with Abby and Ari” launches Thursday, April 30 at 6:00 pm ET on SiriusXM Insight channel 121, the groundbreaking news, information, and entertainment radio channel offering intelligent conversation with an edge. Huntsman and Melber will examine the news of the day first, and welcome tastemakers and newsmakers for interviews in a relaxed, casual style. The show will be a conversation at the cross-section of current events, politics and entertainment.

Abby, 28, was named one of Forbes 30 under 30 for media in 2013 and is the daughter of former presidential candidate and businessman Jon Huntsman, who also hosts the “No Labels Radio” show on SiriusXM. Ari, 35, was designated MSNBC’s Chief Legal Correspondent this month, and covers legal and political issues across all MSNBC platforms. Abby and Ari are co-hosts of The Cycle, airing at 3:00 pm ET on MSNBC, together with MSNBC co-hosts Krystal Ball and Toure.

“They had me at ‘talk,'” said Ari Melber. “This format enables us to take the political and cultural conversations from our newsroom and expand on them — not only with enlightening guests but also by directly engaging our audience.”

“Abby Huntsman and Ari Melber will offer a fresh, new perspective on a broad range of recently’s topics to the delight of listeners nationwide,” said Scott Greenstein, President and Chief Content Officer, SiriusXM. “We are thrilled to offer the smart, stimulating conversation that Abby and Ari will create together for the millennial generation of SiriusXM listeners and beyond.”

Sirius XM Holdings Inc., through its auxiliaries, provides satellite radio services in the United States. The company broadcasts music plus sports, entertainment, comedy, talk, news, traffic, and weather programs, counting various music genres ranging from rock, pop and hip-hop to country, dance, jazz, Latin, and classical; live play-by-play sports from principal leagues and colleges; multitude of talk and entertainment channels for various audiences; national, international, and financial news; and local traffic reports for 22 metropolitan markets.

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This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.

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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.

Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified through the use of such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should might occur.




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