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Friday 2 October 2015
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News Recap: Autodesk, Inc. (NASDAQ:ADSK), Hartford Financial Services Group Inc (NYSE:HIG), Illumina, Inc. (NASDAQ:ILMN), TJX Companies Inc (NYSE:TJX)

On Tuesday, Shares of Autodesk, Inc. (NASDAQ:ADSK), lost -1.95% to $45.24.

Autodesk, is hosting its annual Investor Day at the Autodesk Gallery in San Francisco. Here, Autodesk will provide an update on its transition to a subscription-based business model and plans for expanding its market opportunity. The company is also reiterating its business outlook for the third quarter and fiscal year 2016.

“Autodesk is moving rapidly to take advantage of the platform shift from the desktop to the cloud, which enables our customers to think differently about how they approach design, simulation, production, and collaboration,” said Carl Bass, Autodesk president and CEO. “Autodesk has been preparing for this transition for more than two years and we’re now accelerating the process. To do so, we are transforming our business to assist our customers realize a new future of making things.”

At recently’s event Investor Day event, Bass will be joined by other members of the Autodesk leadership team to discuss opportunities in the current market, provide updates on the business model transition, financial metrics, and corporate strategy.

Autodesk, Inc. operates as a design software and services company worldwide. The company’s Architecture, Engineering and Construction segment offers Autodesk Building Design Suites to manage various phases of design and construction; Autodesk Revit products that provide model-based design and documentation systems; Autodesk Infrastructure Design Suites; AutoCAD Civil 3D products that offer a surveying, design, analysis, and documentation solution; and AutoCAD Map 3D software, which offers direct access to data needed for infrastructure planning, design, and administration.

Shares of Hartford Financial Services Group Inc (NYSE:HIG), inclined 1.30% to $45.05, during its last trading session.

Over the past few years, fewer small business owners are focused on growing their business, yet more of them are feeling successful about how their business is operating and say they are optimistic about the economy strengthening this year, according to The Hartford’s 2015 Small Business Success Study.

According to the fifth annual study, only 33 percent of small business owners say their primary aim is to grow their business significantly, which means a large improvement in sales, revenue and staff. This is down from 41 percent in 2012. Fifty-five percent of owners say they are looking to maintain their business at its current size, which has been largely comprise over the past few years.

Even though more than half of owners have a maintenance mindset, 73 percent feel successful about how their business is operating now, up from 69 percent in 2011. And, the number of small business owners who are optimistic that the national economy will improve this year has raised from 33 percent in 2012 to 52 percent in 2015.

The Hartford Financial Services Group, Inc., through its auxiliaries, provides insurance and financial services to individual and business customers primarily in the United States. The company’s Commercial Lines segment offers workers compensation, property, automobile, marine, umbrella, liability, and livestock coverages, in addition to customized insurance products and risk administration services, counting professional liability, bond, and specialty casualty coverages.

At the end of Tuesday’s trade, Shares of Illumina, Inc. (NASDAQ:ILMN), gained 1.38% to $169.82.

Illumina, declared it has launched TruSight® Tumor 15, a next-generation sequencing (NGS) panel designed to identify sequence variants in 15 genes commonly associated with marketed therapeutics. TruSight Tumor 15 is optimized for low input DNA from tissue preserved in formalin and paraffin.

“In 2014, Illumina catalyzed the Actionable Genome Consortium (AGC), bringing together thought leaders to define the standards and content for NGS panels intended for use in oncology applications,” said Francis deSouza, President of Illumina. “The TruSight Tumor panel represents the first product, intended for research use only, based on the initial standards defined by the AGC and pharma partners, enabling researchers to advance the application of NGS in this important field.”

The new sequencing panel is optimized for damaged and degraded formalin-fixed, paraffin embedded (FFPE) tumor samples, enabling low frequency somatic variant detection from limited nucleic acid inputs. When paired with the Illumina MiSeq system, the panel delivers high-quality sequencing with key content and features needed for tumor analysis in translational research.

Illumina, Inc. provides sequencing and array-based solutions for genetic analysis in North America, Europe, Latin America, the Asia-Pacific, the Middle East, and South Africa. The company’s products comprise sequencing platforms that are based on its SBS technology, which provides researchers with various ranges of applications and the ability to sequence mammalian genomes; and array platforms comprise of HiScan and iScan systems, in addition to NextSeq 550 system that are array scanners for DNA and RNA analysis applications, counting single nucleotide polymorphism genotyping, copy number variations analysis, gene expression analysis, and methylation analysis.

Finally, TJX Companies Inc (NYSE:TJX), ended its last trade with 0.62% gain, and closed at $69.52.

The TJX Companies, declared the declaration of a quarterly dividend on its common stock of $.21 per share payable December 3, 2015, to shareholders of record on November 12, 2015.

The TJX Companies, Inc. operates as an off-price apparel and home fashions retailer in the United States and internationally. It operates through four segments: Marmaxx, HomeGoods, TJX Canada, and TJX Europe.

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