On Wednesday, Cheetah Mobile Inc (ADR) (NYSE:CMCM)’s shares declined -2.03% to $27.03.
Cheetah Mobile Inc (ADR) (CMCM) the world’s leading developer of mission-critical mobile utility applications, launched the Cheetah Ad Platform, a mobile advertising technology platform that works with the world’s leading brand advertisers, publishers and developers to reach and engage with global consumer audiences at scale.
Cheetah Mobile’s owned and operated mobile applications (Cheetah Apps) and media ad network (Cheetah MediaLink) are united to provide brands with the unique opportunity to reach the right audience, at the right time, in the right format to attract users throughout the purchase cycle. These key pillars of the Cheetah Ad Platform provide massive global reach, while ensuring deep engagement and performance through its innovative ad formats, audience targeting technology and conversion optimization solutions.
As a leading mobile app developer, providing consumers with a speedier, simpler and safer mobile experience, Cheetah Mobile has developed a large, global user base comprised of loyal and engaged consumers. In the first quarter of 2015, its total global mobile installations reached 1.34 billion users and its mobile monthly active users reached over 440 million. In addition, Cheetah Mobile has expanded its media reach through key acquisitions of Zoom Interactive and MobPartner to complement and diversify its mobile network.
Cheetah Mobile Inc. operates a platform that offer mobile and PC applications for users and global content distribution channels for business partners in China. The company’s suite of applications optimizes mobile and PC Internet system performance and provides real time protection against known and unknown security threats. Its mobile and PC applications for users comprise Clean Master, a junk file cleaning, memory boosting, and privacy protection tool for mobile devices; CM Security, an anti-virus and security application for mobile devices; Battery Doctor, a power optimization tool for mobile devices; Cheetah Browser, a safe Web browser for PCs and mobile devices; and CM Launcher, which is a secure launcher that offers acceleration, secure protection, and stylish wallpapers, in addition to automatically organizes mobile phones based on personal behavior; Photo Grid, a photo collage application that allows users to create professional looking collages of photos through an intuitive interface for mobile devices; and Duba Anti-virus, an Internet security application for PC and mobile devices.
Agrium Inc. (USA) (NYSE:AGU)’s shares gained 0.14% to $98.96.
Agrium Inc. (AGU) (AGU) plans to release their second quarter earnings results on Wednesday, August 5, 2015 after the markets close. The Company plans to host a conference call to talk about the results on August 6, 2015 at 7:30 a.m. MST (9:30 a.m. EST).
Agrium Inc. produces, markets, and distributes crop nutrients, crop protection products, seeds, and merchandise products primarily in the United States, Canada, South America, Europe, and Australia, and internationally. It operates in two segments, Retail and Wholesale. The Retail segment supplies the crop nutrients, counting dry and liquid nitrogen and phosphates, potash, sulfur, and micronutrients; crop protection products, such as herbicides, fungicides, insecticides, and adjuvant products; and merchandise products comprising fencing, feed supplements, livestock-related animal health products, irrigation equipment, and other products, in addition to provides seeds and seed-related information. This segment provides nutritionals and crop protection product offerings under Loveland Products brand name; seed products under the Dyna-Gro and Proven brand names; and animal health products under the Dalgety brand name.
At the end of Wednesday’s trade, Silicon Laboratories (NASDAQ:SLAB)‘s shares surged dipped -11.19% to $45.31.
Silicon Labs (SLAB), a leading provider of microcontroller, wireless connectivity, analog and sensor solutions for the Internet of Things (IoT), stated financial results for its second quarter ended July 4, 2015. Revenue in the second quarter was within guidance and established a new record at $164.9 million, up from $163.7 million in the first quarter.
Second Quarter Financial Highlights
On a GAAP basis:
- Gross margin was 59.1 percent
- R&D expenses were $47.5 million
- SG&A expenses were $41.0 million
- Operating income as a percentage of revenue was 5.5 percent
- Diluted earnings per share were $0.17
Silicon Laboratories Inc., a fabless semiconductor company, designs, develops, and markets mixed-signal analog intensive integrated circuits (ICs). The company offers broad-based products, counting microcontrollers; timing devices comprising clocks and oscillators; power and isolation products; and optical, proximity, ambient light, and relative humidity/temperature sensors.
Polaris Industries Inc. (NYSE:PII), ended its Wednesday’s trading session with 0.56% gain, and closed at $137.63.
Polaris Industries Inc. (PII) declared that Michael Speetzen has been designated Executive Vice President, Finance and Chief Financial Officer, effective August 3rd, replacing the retiring Mike Malone. Speetzen has been CFO of Xylem Inc. since 2011, leading the finance organization of a company that does business in over 150 countries and generated 2014 revenue of over $3.9B.
Polaris Industries Inc., together with its auxiliaries, designs, engineers, manufactures, and markets off-road vehicles, snowmobiles, motorcycles, and small vehicles primarily in the United States, Canada, Western Europe, Australia, and Mexico. It offers off-road vehicles, such as all-terrain vehicles and side-by-side vehicles for recreational and utility use; snowmobiles compriseing of various models, counting independent front suspension, long travel rear suspension, hydraulic disc brakes, liquid cooling for brakes, and a three cylinder engine; V-twin cruiser motorcycles; small vehicles, counting enclosed on-road quadricycles and light duty commercial vehicles; and technical riding gears for the snowmobile and motorcycle industries.
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