On Thursday, Shares of Microsoft Corporation (NASDAQ:MSFT), lost -1.05% to $46.36.
Microsoft Corporation, declared this week that it will be opening two data centres in Canada. These much anticipated openings will enhance MediaValet’s (TSX VENTURE: MVP) global footprint to 23 data centres and, for the first time, enable the Company to meet the digital asset administration needs of all Canadian companies, counting those in highly regulated sectors, such as healthcare, government and education.
According to IDC, the total spend on public cloud in Canada is projected to grow to $2.5B by 2016, of which the fastest growth will be from the Public sector, projected to enhance by 45% by next year.
General availability of Microsoft Azure being delivered from data centers in Canada is anticipated in 2016. “Microsoft Corporation’s investment in locally deployed cloud services continues to showcase Microsoft’s commitment to our Canadian and global customers and partners alike,” said Jason Brommet, Director of Partner Business & Development at Microsoft Canada. “We are happy to work with global partners who continue to push innovation and drive business transformation, and look forward to ongoing partnership with technology partners to assist grow their business on their home soil.”
Microsoft Corporation develops, licenses, markets, and supports software, services, and devices worldwide. The company’s Devices and Consumer (D&C) Licensing segment licenses Windows operating system and related software; Microsoft Office for consumers; and Windows Phone operating system.
Shares of Melco Crown Entertainment Limited (NASDAQ:MPEL), inclined 6.37% to $20.96, during its last trading session, as some stocks in the resort and casino sector take off recently amid speculation from Credit Suisse that the Macau gaming hub in China may see an improvement soon, Barron’s reports.
In May, revenue in Macau, the only region in China where gambling is legal, fell by 37%. The district continued to struggle with the Chinese government’s anticorruption crackdown in the area, which began a year ago.
However, after taking a closer look at Macau’s May numbers Credit Suisse noticed “some green shoots,” Barron’s added.
Melco Crown Entertainment Limited, through its auxiliaries, develops, owns, and operates casino gaming and entertainment resort facilities in Asia. It owns and operates City of Dreams, an integrated casino resort that has 500 gaming tables and 1,400 gaming machines; about 1,400 hotel rooms and suites; a wet stage performance theater with about 2,000 seats; about 30 restaurants and bars, and 70 retail outlets; and recreation and leisure facilities, counting health and fitness clubs, swimming pools, spa and salons, and banquet and meeting facilities.
At the end of Thursday’s trade, Shares of Alcatel-Lucent (NYSE:ALU), lost -0.76% to $3.94.
Alcatel-Lucent, has joined forces with long-standing partner HP to deliver technology solutions to enterprises providing data center networking, data replication and new storage architectures connected with IP and optical backbones.
The solutions will allow enterprises to provide more cost-effective, reliable services more rapidly with a focus on business continuity, disaster recovery, secure data transport, data center interconnect and remote copy applications - areas that will enable enterprises to address growing data demands using a cloud architectures, with greater security and flexibility.
These new data center solutions are based on Alcatel-Lucent’s leading IP edge platform, the Alcatel-Lucent 7750 Service Router and the Alcatel-Lucent 1830 Photonic Service Switch (PSS) family of optical products.
The validated Alcatel-Lucent and HP solutions allow secure and synchronous data replication between data centers over long distances and at rates not formerly achievable via standard storage fabric switching. The solutions have been pre-tested, integrated and are accessible as part of the HP Complete Program in the Americas and EMEA.
Alcatel-Lucent provides Internet protocol (IP) and cloud networking, and ultra- broadband access worldwide. The company’s Core Networking segment offers IP routing, carrier Ethernet, network functions virtualization, and software defined networking applications and infrastructure to meet the challenges of network traffic growth while supporting the delivery of cloud-enabled business, mobile, and residential services for service providers, mobile network operators, cable/multiple system operators, transportation, utilities, and large-scale enterprises.
Finally, Liberty Global plc (NASDAQ:LBTYK), ended its last trade with -2.26% loss, and closed at $51.51.
Liberty Global, declared that, following regulatory approval, it has consummated its formerly declared acquisition of 100% of the parent of Puerto Rico Cable Acquisition Company Inc., dba Choice Cable TV (“Choice”), the second largest cable and broadband services provider in Puerto Rico. The combination of Choice’s operations with those of Liberty Cablevision of Puerto Rico LLC (“LCPR”), which is 60% owned by Liberty Global and 40% owned by funds managed by Searchlight Capital Partners, L.P., creates the largest cable operator on the island with over one million homes passed, serving about 750,000 revenue generating units (“RGUs) and generating over $390 million of annual revenue.
As formerly revealed, the purchase price of about $272.5 million before transaction costs and other adjustments represents a multiple of about 6 times our estimate of Choice’s 2015 full-year operating cash flow, as customarily defined by Liberty Global and adjusted for the projected annual impact of synergies following full integration. The transaction was largely funded through incremental debt borrowings of about $267.5 million at the combined Puerto Rican business, and equity contributions from Liberty Global and Searchlight of $10.2 million and $6.8 million, respectively.
Liberty Global plc, together with its auxiliaries, provides video, broadband Internet, fixed-line telephony, and mobile services in Europe, Chile, Puerto Rico, and internationally. The company offers various residential services, counting video services comprising basic and premium programming, which can be viewed on the television and Internet connected devices; electronic programming guide, high definition (HD) channels, digital video recorder (DVR), and HD DVR services.
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.
