On Tuesday, Brocade Communications Systems, Inc. (NASDAQ:BRCD)’s shares declined -1.09% to $10.00.
Brocade® ( BRCD) plans to report its financial results for its third quarter 2015 on Thursday, August 20 following the close of the market. The earnings declarement in addition to the prepared materials for the conference call will be accessible shortly after 1 p.m. PT (4 p.m. ET) at www.brcd.com and will be furnished to the SEC on form 8-K. The earnings declarement will also be distributed by Marketwired.
Brocade Communications Systems, Inc. provides storage area networking (SAN) and Internet protocol networking solutions for businesses and organizations worldwide. It operates through SAN Products, IP Networking Products, and Global Services segments. The SAN Products segment offers infrastructure products and solutions, such as fiber channel SAN backbones, directors, fabrics, and embedded switches that assist customers in the development and delivery of storage and server consolidation, disaster recovery and data security, and compliance issues regarding data administration; and fabric extension, switching, and routing solutions.
Magnum Hunter Resources Corp (NYSE:MHR)’s shares dropped -2.85% to $0.928.
Magnum Hunter Resources Corporation ( MHR) declared that it has received and accepted a firm commitment (the “Commitment”) from Bank of Montreal, which is the administrative agent and lead lender under the Company’s senior secured revolving credit facility (the “Facility”), to (i) consent to certain amendments and waivers with respect to the Facility (the “Amendments”) and (ii) assume the interests under the Facility of each other current member of the Facility’s lending syndicate that may not choose to consent to the Amendments contemplated by the new Commitment.
Magnum Hunter Resources Corporation, an independent oil and gas company, explores for, exploits, acquires, develops, and produces crude oil, natural gas, and natural gas liquid resources in the United States. The company operates through the U.S. Upstream, Midstream, and Oilfield Services segments.
At the end of Tuesday’s trade, Citizens Financial Group Inc (NYSE:CFG)‘s shares surged 1.07% to $26.56.
Citizens Financial Group, Inc. (CFG) published the results of its company-run 2015 mid-cycle stress test conducted in accordance with the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010.
Citizens Financial Group, Inc. operates as the bank holding company for Citizens Bank, N.A. and Citizens Bank of Pennsylvania that provide retail and commercial banking products and services in the United States. It operates through two segments, Consumer Banking and Commercial Banking. The Consumer Banking segment focuses on retail customers and small businesses with traditional banking products and services, counting checking, savings, home loans, student loans, credit cards, business loans, and financial administration services.
TiVo Inc. (NASDAQ:TIVO), ended its Tuesday’s trading session with 0.42% gain, and closed at $9.67.
TiVo Inc. (TIVO), a leader in the advanced television entertainment market, and WOW! Internet, Cable & Phone, a top 10 cable operator serving nearly 800,000 customers, recently declared a joint development relationship with Evolution Digital. The agreement comprises plans to deploy TiVo’s software solution across mobile, web and a new low-cost, Hybrid HD Set-Top Box (STB). Evolution Digital will provide the STB hardware.
The offering is achieved through a STB hardware partnership with Evolution Digital. Evolution has created a low-cost STB platform that integrates traditional linear over QAM and Broadband services. The STB uses HD uDTA security, eliminating the hardware-based CableCARD to allow lower price point options for operators. In turn, this allows operators to be aggressive in their roll out of ‘hybrid’ experiences — mixing traditional video with broadband video. When combined with TiVo’s software, this STB can be deployed in multiple modes — a stand-alone HD-STB, a client to a TiVo DVR, or as a client to a next generation cloud TV services such as IP linear and network DVR. The operator investment in STB investment is future proof when combined with TiVo’s multi-mode software.
TiVo Inc. provides television software services and cloud-based software-as-a-service solutions that enable to view video content through various screens. It offers whole-home solutions that comprise 4-Tuner and 6-Tuner digital video recorders (DVRs)/gateways, non-DVR IP set-top boxes (STBs), and software to enable streaming to application on third-party devices, such as iOS and Android mobile phones and tablets through features, such as What to Watch Now, OnePass, integrated search, access to broadband video content, and TiVo online/mobile scheduling. As of January 31, 2015, the company had 5.5 million subscriptions to the TiVo service through its TiVo-owned and television service operators (MSO) businesses.
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