On Tuesday, Express, Inc.(NYSE:EXPR)’s shares declined -0.98% to $20.20.
EXPRESS, Inc. (EXPR) declares Karlie Kloss as the face of the EXPRESS fall 2015 denim collection. The American supermodel stars in the retailer’s ‘Fit for You’ advertising campaign photographed by Lachlan Bailey and styled by Claire Richardson. The official campaign launches July 2015 in print, digital, in-store, and on social media.
Accessible in-store and online at express.com startning this month, the EXPRESS fall denim collection focuses on the best-fitting fashion jeans that are built to last. The collection features an assortment of updated washes and innovative fabrics counting the new Performance Stretch jean made from a breakthrough fabric that retains its shape throughout the day. Customers can check out the hottest trends and find their perfect fit on express.com, in-store and by following #ExpressJeans on Instagram (@ExpressRunway), Twitter (@ExpressLife) and Facebook (EXPRESS).
Express, Inc. operates as a specialty apparel and accessories retailer. It offers apparel and accessories for women and men between 20 and 30 years across various aspects of lifestyles, counting work, casual, jeanswear, and going-out occasions. The company sells its products through its e-commerce Website, express.com, in addition to franchisees Express locations in Latin America, the Middle East, and South Africa.
ServiceNow Inc(NYSE:NOW)’s shares dropped -2.87% to $68.92.
ServiceNow® (NOW), the enterprise cloud company, declared the financial results for its second quarter 2015.
Second Quarter 2015 Results:
- Revenues of $246.7 million, an enhance of 48% year-over-year and 59% in constant currency.
- GAAP net loss of $61.9 million, or a loss of $0.40 per basic and diluted share, contrast to a GAAP net loss of $50.4 million, or a loss of $0.35 per basic and diluted share, in the second quarter of 2014.
- Non-GAAP net income of $7.3 million, or income of $0.05 per basic share and $0.04 per diluted share, contrast to a non-GAAP net loss of $9.4 million, or a loss of $0.07 per basic and diluted share, in the second quarter of 2014.
- Calculated billings were $281.4 million, increasing 50% year-over-year and 62% in constant currency.
- Added 21 net new Global 2000 customers, bringing the total to 566.
- For a reconciliation of these GAAP and non-GAAP financial measures, please see the table entitled “Results of Operations GAAP to Non-GAAP Reconciliation” comprised of at the end of this release.
A recent survey revealed that employees spend nearly two days a week on non-planned administrative activities. In an organization with 5,000 employees, these unnecessary tasks and inefficient processes consume up to 4 million hours per year – that’s the equivalent of 2,000 full-time employees. Few companies can afford that in recently’s data-driven digital economy. Collectively across the United States, companies are spending $575 billion a year on this productivity drain. That’s the equivalent of 3.3% of the US gross domestic product.
At the end of Tuesday ‘s trade, E-House (China) Holdings Limited (ADR)(NYSE:EJ)‘s shares dipped -2.65% to $5.50.
E-House Holdings Limited (EJ), a leading real estate services company in China, recently declared that the independent special committee of the Company’s Board of Directors (the “Independent Committee”), formed to consider a non-binding “going-private” proposal by Mr. Xin Zhou, co-chairman of the Board and chief executive officer of E-House, and Mr. Neil Nanpeng Shen, a member of the Board, was informed that SINA Corporation (“SINA”) (SINA), an existing shareholder of the Company, had joined the buyer group by entering into a consortium agreement with Mr. Zhou and Mr. Shen (together with SINA, the “Consortium Members”), following which they have agreed to, among other things, form a consortium to work exclusively with one another to undertake the “going-private” transaction to acquire all the outstanding shares of the Company other than the shares owned by the Consortium Members or their associates (the “Transaction”).
The Consortium Members and their respective associates presently own, in the aggregate, about 48% of the Company’s total issued and outstanding shares.
E-House was also informed that SINA has agreed to exchange all the E-House shares held by SINA at the closing of the Transaction (the “Closing”) for a portion of the ordinary shares of Leju Holdings Limited (“Leju”) held by E-House at the Closing, based on an exchange ratio determined in accordance with a mutually agreed formula. Leju is a majority owned partner of E-House and is listed on the New York Stock Exchange.
E-House (China) Holdings Limited, through its auxiliaries, operates as a real estate services company in the People’s Republic of China. It operates through Real Estate Online Services; Real Estate Brokerage Services; Real Estate Information and Consulting Services; Community Value-Added Services; and Other Services segments. The company offers real estate e-commerce services, online property listing services and free services, and listing services; and advertising primarily on the SINA and Baidu new residential properties and home furnishing Websites.
Violin Memory Inc(NYSE:VMEM), ended its Tuesday ‘s trading session with -7.3% loss, and closed at $1.65.
Violin Memory®, Inc., (VMEM) a global pioneer of award-winning flash storage platform solutions for primary storage and active workloads, declared its All-Flash Array solutions were selected by arvato Systems, a global next generation IT systems integrator, focused on “Digital Transformation Solutions.” arvato Systems integrated Violin all-flash solutions to streamline the company’s storage and data centre infrastructure and enhance performance for business-critical applications, counting customer relationship administration (CRM) and supply chain administration (SCM).
Violin Memory, Inc. develops and supplies memory-based storage systems to bring storage performance in line with high-speed applications, servers, and networks worldwide. The company provides flash storage platforms and all flash arrays that integrate enterprise-class hardware and software technologies to address the limitations of hard disk drive-based and solid state drive-based storage solutions that use off-the-shelf components.
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