On Friday, Infosys Ltd ADR (NYSE:INFY)’s shares declined -1.47% to $17.05.
Infosys, (INFY), a global leader in consulting, technology, outsourcing and next-generation services, declared Aikido, three improved service offerings in Design Thinking, Platforms and Knowledge-Based IT (KBIT). These services are aimed at assisting clients address three key aspects of their business: a non-disruptive renewal and simplification of their existing landscapes; introduction of new offerings and business models in a dynamic business environment, and creating a culture of innovation in their organizations.
The first of these services is Ki - Knowledge-based administration and evolution of landscapes which captures the knowledge within an organization - in its people, in its structures and systems over long periods of time. Ki is a large scale, modular service to assist renew enterprise landscapes.
The services in this space will comprise:
- Knowledge Based IT Strategy which will involve KBIT assessments, the development of an operating roadmap and a portfolio rationalization of existing initiatives.
- Knowledge Curation Services focused on assisting enterprises consolidate and transition business, operations and workforce.
- Knowledge Based Cost Optimization with an objective to assist enterprises renew their mainframe applications, support cost optimization and drive automation in business operations.
- Knowledge Based Innovation which will leverage new application development, new technology and platform adoption.
Infosys Limited, together with its auxiliaries, provides business consulting, technology, engineering, and outsourcing services in North America, Europe, India, and internationally. Its solutions comprise business information technology (IT) services comprising application development and maintenance, independent validation services, infrastructure administration, business process administration, and engineering services comprising of product engineering and life cycle solutions; and consulting and systems integration services, counting consulting, enterprise solutions, systems integration, and advanced technologies.
Teva Pharmaceutical Industries Ltd (ADR) (NYSE:TEVA)’s shares dropped -1.92% to $66.92.
Teva Pharmaceutical Industries Ltd. (TEVA) declared that the New Drug Application (NDA) for SD-809 (deutetrabenazine) has been accepted by the U.S. Food and Drug Administration (FDA) for the treatment of chorea associated with Huntington disease (HD), a rare and fatal neurodegenerative disorder caused by the progressive breakdown of nerve cells in the brain that affects about five to seven people per 100,000 in western countries, according to the World Health Organization.
The NDA filing is based on positive results from two Phase-III studies, FIRST-HD and ARC-HD. In the placebo-controlled, randomized FIRST-HD study, SD-809 reduced chorea in patients with HD. Positive top-line data from the Phase-III, open-label ARC-HD study demonstrated that patients were able to safely convert from tetrabenazine, presently the only approved HD treatment, to SD-809 overnight with continued control of chorea.
Teva Pharmaceutical Industries Limited develops, manufactures, markets, and distributes generic, specialty, and other pharmaceutical products worldwide. The company operates in two segments, Generic Medicines and Specialty Medicines. The Generic Medicines segment offers generic or branded generic medicines; specialized products, such as sterile products, hormones, narcotics, high-potency drugs, and cytotoxic substances; and active pharmaceutical ingredients. The Specialty Medicines segment provides branded specialty medicines for use in central nervous system and respiratory indications, in addition to the womens health, oncology, and other specialty businesses.
At the end of Friday’s trade, American Apparel Inc(NYSEMKT:APP)‘s shares surged 41.18% to $0.240.
American Apparel, Inc. (the “Company”) (NYSE MKT: APP), a vertically-integrated manufacturer, distributor, and retailer of branded fashion basic apparel, declared financial results for its second quarter ended June 30, 2015.
Summary
- Declared the next phase of its planned turnaround plan counting about $30 million in cost-cutting initiatives over the next 18 months.
- Strengthened the leadership team with hiring of General Manager of Global Retail and President of Wholesale to assist execute its global retail and wholesale turnaround strategies.
- Loss per share in the second quarter 2015 was $0.11 and comprised of $0.05 of noteworthy charges.
- Adjusted EBITDA in the second quarter 2015 was $4.1 million.
American Apparel, Inc. designs, manufactures, distributes, retails, and sells branded fashion basic apparel products, and clothing and accessories for women, men, children, and babies. It offers T-shirts, denim, sweaters, jackets, and accessories. The company sells its products through the wholesale distribution channel, counting supplying T-shirts and other casual wear to distributors and screen printers; direct to customers through its retail stores; and through an online retail e-commerce Website, americanapparel.com. As of December 31, 2014, it operated a total of 242 retail stores in 20 countries comprising the United States, Canada, the United Kingdom, Australia, Austria, Belgium, Brazil, China, France, Germany, Ireland, Israel, Italy, Japan, Mexico, the Netherlands, South Korea, Spain, Sweden, and Switzerland. American Apparel, Inc. was founded in 1998 and is headquartered in Los Angeles, California.
TD Ameritrade Holding Corp. (NYSE:AMTD), ended its Friday’s trading session with -3.33% loss, and closed at $32.79.
Investors can assist build confidence, improve investing skills and learn from some of recently’s top industry market professionals at the 2015 Investor Education Conference by Investools® from TD Ameritrade Holding Corporation (AMTD).
The Investools Investor Education Conference 2015 will be held at the Hilton Anaheim Hotel in Anaheim, CA. from Aug. 24-26, 2015. In addition to in-depth breakout sessions, attendees will have the opportunity to learn from industry veterans, network with other investors and discover new strategies to assist build investor confidence.
TD Ameritrade Holding Corporation provides securities brokerage services and related technology-based financial services to retail investors, traders, and independent registered investment advisors (RIAs) in the United States. Its products and services comprise tdameritrade.com, a Web platform for self-directed retail investors; Trade Architect, a Web-based platform that enables active investors and traders identify opportunities and stay informed; thinkorswim, a desktop platform for trading; and TD Ameritrade Mobile, which allows on-the-go investors and traders to trade and monitor accounts from Web-enabled mobile devices.
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.
