Search
Thursday 15 October 2015
  • :
  • :

(MLNX) (TD) (HOLX) (CAR) Active News Update: Mellanox Technologies (NASDAQ:MLNX), Toronto-Dominion Bank (NYSE:TD), Hologic (NASDAQ:HOLX), Avis Budget (NASDAQ:CAR)

On Thursday, Mellanox Technologies, Ltd. (NASDAQ:MLNX)’s shares inclined 0.56% to $38.00.

Mellanox® Technologies, Ltd. (MLNX), declared that the company has updated its third quarter 2015 financial guidance on the heels of its September 30, 2015, declarement that it has reached a definitive agreement to acquire EZchip (NASDAQ: EZCH; TASE: EZCH) and the conclusion of its third quarter 2015. The company updated the guidance for its revenue range for the quarter from $165 million to $170 million to $169 million to $171 million. The company believes that it is tracking to mid-point or better of its previous guidance for non-GAAP gross margins. Non-GAAP operating expenses for the quarter are predictable to enhance towards the higher end of the company’s earlier guidance. The company plans to declare its third quarter 2015 financial results and its fourth quarter 2015 guidance on October 21, 2015.

Mellanox Technologies, Ltd., a fabless semiconductor company, designs, manufactures, and sells interconnect products and solutions. The company’s products are used for computing, storage, and communications applications in the high-performance computing, Web 2.0, storage, financial services, enterprise data center, and cloud markets. Its products facilitate data transmission between servers, storage systems, communications infrastructure equipment, and other embedded systems .

Toronto-Dominion Bank (NYSE:TD)’s shares gained 0.86% to $39.76.

TD Bank Group (TD) (TD) announced the completion of its transaction with Nordstrom, Inc. (JWN). TD has acquired Nordstrom’s existing U.S. Visa and private label consumer credit card portfolio, which currently totals approximately $2.2 billion in receivables. In addition, the two companies have entered into a separate long-term agreement under which TD will become the exclusive U.S. issuer of Nordstrom-branded Visa and private label consumer credit cards to Nordstrom customers.

As formerly declared, under the terms of the relationship, Nordstrom will retain all aspects of customer-facing activities, aligning with Nordstrom’s strategy of enhancing the customer experience while allowing for improvement in capital efficiency.

The Toronto-Dominion Bank, together with its auxiliaries, provides financial and banking services in North America and internationally. The company operates through Canadian Retail, U.S. Retail, and Wholesale Banking segments.

At the end of Thursday’s trade, Hologic, Inc. (NASDAQ:HOLX)‘s shares dipped -0.26% to $39.03.

Hologic, Inc. (HOLX) declared recently that U.S. mammography providers gave Hologic and Hologic’s Genius™ 3D Mammography™ exams top scores in a new study by KLAS Research,Women’s Imaging 2015. Are New Technologies Delivering Promised Benefits? 1

In the study, mammography providers scored Hologic highest in all 11 performance measures evaluated by KLAS. For example:

  • 95% of users said they would buy from Hologic again.
  • 67% of users said Hologic was their best mammography vendor.

The researchers noted that Hologic 3D Mammography™ stands out for technology innovation and high image quality, and that its C-View™ software is strengthening satisfaction and encouraging adoption.

Hologic, Inc. develops, manufactures, and supplies diagnostics products, medical imaging systems, and surgical products for women in the United States and internationally. The company operates in four segments: Diagnostics, Breast Health, GYN Surgical, and Skeletal Health.

Avis Budget Group Inc. (NASDAQ:CAR), ended its Thursday’s trading session with 1.42% gain, and closed at $44.30.

Mark J. Servodidio recently starts his new role as President, International, for Avis Budget Group, as part of a senior administration succession plan declared on September 16, 2015. In his new capacity Mr. Servodidio will be responsible for leading the international region, which comprises Europe, the Middle East, Africa (EMEA), Asia, Australia and New Zealand.

Mr. Servodidio, formerly Managing Director, Europe, for Avis Budget Group, has held a number of positions of increasing responsibility within the region since being named Executive Vice President (EVP) for Franchise and Corporate Services in EMEA in 2013, advancing to Managing Director of the Company’s operations in northern Europe in May 2014 before being named head of Europe.

Avis Budget Group, Inc., together with its auxiliaries, provides car and truck rentals, car sharing, and ancillary services to businesses and consumers worldwide. The company has three segments: North America, International, and Truck Rental.

DISCLAIMER:

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.

All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.

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.




Leave a Reply

Your email address will not be published. Required fields are marked *