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Monday 5 October 2015
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Latest Update

Pre-Market News Report on: Dot Hill Systems Corp. (NASDAQ:HILL), Michael Kors Holdings Ltd (NYSE:KORS), Analog Devices, Inc. (NASDAQ:ADI), Aetna Inc (NYSE:AET)

On Wednesday, Dot Hill Systems Corp. (NASDAQ:HILL)’s shares inclined 0.21% to $9.68.

Dot Hill Systems Corp. (HILL) declared that it is exhibiting at the HP Discover event in Las Vegas this week. More than 10,000 IT attendees, counting executives, managers, architects, engineers, and solution experts from around the world are predictable to gather at HP Discover this year. Attendees can locate the Dot Hill exhibit at booth #4536.

Dot Hill is showcasing its Ultra48(TM) and Ultra56(TM) AssuredSAN(R) ultra-density hybrid storage solutions, which are purpose-built for applications such as media & entertainment, video surveillance, telecommunications, and big data where high streaming performance is essential to maintain comprising Quality of Service. These high-density systems conserve floor space, rack space, and energy, ensuring a lower total cost of ownership. Both systems support RealStor(TM), Dot Hill’s next-generation real-time storage operating system featuring RealStream(TM) software that benefits “always-on” bandwidth-intensive applications by managing many simultaneous ingest streams with autonomic, real-time and predictive load balancing. The emergence of these new data traffic workloads created by the Internet of Things phenomena is increasing demand for storage arrays that can provide predictive intelligence to prevent crippling data stream traffic jams.

Dot Hill Systems Corp. designs, manufactures, and markets a range of software and hardware storage systems for the entry and mid-range storage markets worldwide. Its storage solutions comprise of integrated hardware, firmware, and software products employing a modular system that allows end-users to add various protocol, performance, capacity, or data protection schemes.

Michael Kors Holdings Ltd (NYSE:KORS)’s shares gained 4.29% to $41.08.

Michael Kors (KORS), a global luxury lifestyle brand, is happy to declare that Daisuke Yamazaki has been named President of Japan, following the retirement of Toshi Tashiro. Mr. Yamazaki will report to Stephane Lafay, the Company’s President of Asia. Mr. Yamazaki’s appointment is effective August 10, 2015, and Mr. Tashiro will stay on through the end of 2015 in order to ensure a smooth transition of responsibilities.

Mr. Yamazaki most recently served as CEO of Roberto Cavalli Japan. Formerly, he was the CEO of the Alexander McQueen Division, at Gucci Japan Limited. Preceding to that he spent 15 years at Giorgio Armani Japan, where he held a variety of positions, counting heading sales and merchandising for both the women’s and men’s lines.

Michael Kors Holdings Limited engages in the design, marketing, distribution, and retailing of branded women’s apparel and accessories, and men’s apparel. The company operates in three segments: Retail, Wholesale, and Licensing. The Retail segment is involved in the sale of women’s apparel; accessories, which comprise handbags and small leather goods, such as wallets; footwear; and licensed products comprising watches, jewelry, fragrances and beauty, and eyewear. As of March 28, 2015, this segment operated 343 North American retail stores, counting concessions and its U.S. e-commerce site; and 183 international retail stores, counting concessions in Europe and Japan. The Wholesale segment sells accessories, such as handbags and small leather goods, footwear, and women’s and men’s apparel to department stores and specialty shops in North America, Europe, and Asia.

At the end of Wednesday’s trade, Analog Devices, Inc. (NASDAQ:ADI)‘s shares surged 7.99% to $54.22.

Analog Devices, Inc. ( ADI) introduced the first in a new series of high-voltage, low-noise, zero-drift, precision operational amplifiers that reduce system noise, cost, board space, and development time by providing on-chip electro-magnetic interference (EMI) filtering and eliminating the need for calibration circuitry. The dual-channel ADA4522-2 op amp operates within a supply voltage range of 4.5 V to 55 V and exhibits noise performance that is at least 35 percent better than its closest competitor. The new device provides the ease-of-use of a precision op amp with the ultra-low offset and drift of a zero-drift op amp. The ADA4522-2 is suitable for a wide range of applications, counting current sensing in electronic loads, power supplies and motor control and offset correction in composite amplifiers used in instrumentation and other applications.

Analog Devices, Inc. engages in the design, manufacture, and marketing of analog, mixed-signal, and digital signal processing integrated circuits (ICs) for use in industrial, automotive, consumer, and communication markets worldwide. It offers signal processing products that convert, condition, and process real-world phenomena, such as temperature, pressure, sound, light, speed, and motion into electrical signals.

Aetna Inc (NYSE:AET), ended its Wednesday’s trading session with 4.46% gain, and closed at $115.43.

Aetna (NYSE: AET) declared second-quarter 2015 operating earnings (1) of $722.1 million, or $2.05 per share, a per-share enhance of 21 percent over the second quarter of 2014. Net income (2) for the second quarter of 2015 was $731.8 million, or $2.08 per share.

Total company results

  • Operating earnings (1) were $722.1 million for the second quarter of 2015 contrast with $610.0 million for the second quarter of 2014. The 18 percent enhance in operating earnings is primarily due to higher underwriting margins in Aetna’s Health Care segment, partially offset by an enhance in general and administrative expenses.
  • Net income (2) was $731.8 million for the second quarter of 2015 contrast with $548.8 million for the second quarter of 2014. Net income in both periods reflects net benefits (charges).
  • Operating revenues (3) were $15.1 billion for the second quarter of 2015 contrast with $14.5 billion for the second quarter of 2014. The 4 percent enhance in operating revenues is primarily the result of higher Health Care premium yields in addition to membership growth in Aetna’s Government business partially offset by membership losses in Aetna’s middle-market Commercial Insured products. Total revenue was $15.2 billion and $14.5 billion for the second quarters of 2015 and 2014, respectively. Total revenue for the second quarter of 2015 comprises about $110 million of net litigation-related proceeds.

Aetna Inc. operates as a health care benefits company in the United States. It operates through three segments: Health Care, Group Insurance, and Large Case Pensions. The Health Care segment offers medical, pharmacy benefit administration services, dental, behavioral health, and vision plans on an insured basis, and an employer-funded or administrative basis.

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