On Wednesday, Shares of Nokia Corporation (NYSE:NOK), gained 3.31% to $6.25.
WANdisco (WAND.L) declared mobile broadband specialist, and Nokia Corporation (NOK) partner, Nokia Networks, has expanded use of WANdisco’s big data technology to deliver continuous availability with performance and scalability for its Subscriber Data Administration (SDM) solution built on Hadoop to manage and streamline telecommunications.
Nokia Networks first selected WANdisco’s big data technology in 2013 for consolidating subscriber data formerly stored in a number of different databases, each supporting their own applications and data models with little consistency between them. Before Nokia Networks moved to Hadoop, even basic operations like activating a new mobile customer’s account involved a number of steps across several different applications with little or no sharing of data across these applications. If any of these steps failed, it often meant the entire activation process had to be restarted. Now with Nokia Networks SDM built on Hadoop, mobile carriers who use the solution only interact with one real-time application to perform new customer activation.
Once SDM was implemented with Hadoop, Nokia Network’s other critical requirement was real-time sharing of data across multiple locations with continuous availability, to meet the SLAs of its large mobile carrier customers. Each site had to be active and always have the latest data. After looking at a number of options Nokia found that WANdisco Fusion™, with its patented active-active replication technology for Hadoop, was the only possible solution.
Nokia Corporation, together with its auxiliaries, provides network infrastructure and related services in Finland, the United States, Japan, China, India, the Russian Federation, Germany, Taiwan, Indonesia, Italy, and internationally.
Shares of MetLife, Inc. (NYSE:MET), inclined 4.72% to $48.79, during its last trading session.
As the school year starts across the country, teachers are yet again focused on preparing students for successful futures. For most educators, students come first, but it’s just as important for teachers to commit to their own lifetime of learning and financial success. MetLife is dedicated to assisting teachers achieve this aim and expand their knowledge about retirement planning throughout their careers, which is why the company has launched its new “MetLife 3 R’s to RetirementSM” campaign and website: 3r.metlife.com.
“Teachers devote their careers to assisting students build promising lives, but when it comes to planning for their own retirement, there’s always an opportunity to learn more about the benefits of saving and the options available to them,” said Derrick Kelson, vice president of MetLife Premier Client Group, Workplace Initiatives. “With our new ‘MetLife 3 R’s to Retirement’ campaign, we are committed to expanding the range of resources and guidance that our MetLife financial services representatives already bring to school employees. We’re encouraging teachers of all ages to ‘review’ their retirement savings aims, ‘reassess’ their progress, then ‘retire’ when they’re ready. In doing so, we aim to assist them more plannedally contribute to their 403(b) plans and ultimately, achieve a more financially secure retirement.”
A cornerstone of this new initiative is to broaden awareness among K-12 educators of their employer-sponsored retirement plans and the new tools available to them at 3r.metlife.com. Tools offered on the website can assist educators assess their savings and align their progress with their overall retirement aims. The campaign also promotes the one-on-one retirement planning guidance MetLife financial services representatives provide to educators to encourage them to take advantage of this available resource.
MetLife, Inc. provides life insurance, annuities, employee benefits, and asset administration products in the United States, Japan, Latin America, Asia, Europe, and the Middle East. It operates in six segments: Retail; Group, Voluntary & Worksite Benefits; Corporate Benefit Funding; Latin America; Asia; and Europe, the Middle East and Africa.
Finally, ReneSola Ltd. (NYSE:SOL), ended its last trade with -6.03% loss, and closed at $1.09.
ReneSola declared its unaudited financial results for the second quarter ended June 30, 2015.
Second Quarter 2015 Financial and Operating Highlights
- Total solar module shipments were 322.0 megawatts (“MW”), representing a decrease of 35.1% from Q1 2015. Total solar wafer and module shipments in Q2 2015 were 603.7MW, contrast to 691.5MW in Q1 2015, and 698.3MW in Q2 2014.
- Net revenues were US$268.4 million, representing a decrease of 23.1% from US$349.0 million in Q1 2015, and a decrease of 30.7% from US$387.1 million in Q2 2014.
- Gross profit was US$44.4 million with a gross margin of 16.5%, contrast to gross profit of US$36.7 million with a gross margin of 10.5% in Q1 2015, and gross profit of US$56.9 million with a gross margin of 14.7% in Q2 2014.
- Operating income was US$10.5 million with an operating margin of 3.9%, contrast to an operating loss of US$9.5 million with an operating margin of negative 2.7% in Q1 2015, and operating income of US$10.6 million with an operating margin of 2.7% in Q2 2014.
- Net loss attributable to holders of ordinary shares was US$2.3 million, representing basic and diluted loss per share of US$0.01 and basic and diluted loss per American depositary share (“ADS”) of US$0.02, contrast to basic and diluted loss per share of US$0.09 and basic and diluted loss per ADS of US$0.18 in Q1 2015.
- Cash and cash equivalents plus restricted cash totaled $185.1 million as of the end of Q2 2015, contrast to US$228.1 million as of the end of Q1 2015, and US$218.8 million as of the end of Q2 2014.
- Net cash outflow from operating activities was US$11.6 million contrast to net cash outflow from operating activities of US$9.0 million in Q1 2015, and net cash outflow from operating activities of US$40.6 million in Q2 2014.
ReneSola Ltd, through its auxiliaries, manufactures and sells various solar power products. It operates through two segments, Wafer, and Cell and Module. The company offers virgin polysilicon; mono crystalline and multi crystalline solar wafers; and photovoltaic cells.
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