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Monday 24 August 2015
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Pre-Market Stocks Highlights: E*TRADE Financial (NASDAQ:ETFC), Cognizant Technology Solutions (NASDAQ:CTSH), CA, (NASDAQ:CA), Dot Hill Systems (NASDAQ:HILL)

On Friday, E*TRADE Financial Corp (NASDAQ:ETFC)’s shares declined -3.48% to $25.54.

E*TRADE Financial Corporation (ETFC) released its Monthly Activity Report for July 2015.

Daily Average Revenue Trades (“DARTs”) for July were 149,283, a seven percent enhance from June and a three percent decrease from the year-ago period. The Company added 29,623 gross new brokerage accounts in July, and ended the month with about 3.2 million brokerage accounts. Not taking into account closed accounts from the shutdown of the Company’s global trading platform, net new brokerage accounts were 2,727(1).

Net new brokerage assets were $0.2 billion in the month. During the month, customer security holdings raised by 0.2 percent, or $0.5 billion, and brokerage-related cash reduced by $0.8 billion to $41.2 billion. Bank-related cash and deposits ended the month unchanged at $5.5 billion. Customers were net buyers of about $1.1 billion in securities during the month.

E*TRADE Financial Corporation, a financial services company, provides brokerage and related products and services primarily to individual retail investors under the E*TRADE Financial brand name. It operates through two segments, Trading and Investing, and Balance Sheet Administration.

Cognizant Technology Solutions Corp (NASDAQ:CTSH)’s shares dropped -4.34% to $62.85.

Cognizant (CTSH) recently declared that the New England Healthcare Exchange Network (NEHEN), a consortium of regional payers and providers in the Northeast U.S., has selected Cognizant and its partner TriZetto to digitally transform and manage its technology infrastructure to foster seamless partnershipacross member organizations, optimize costs, and improve efficiency and patient care.

As part of a multi-year agreement, Cognizant will combine its consulting, IT and business process as-a-service capabilities with TriZetto’s technology products to enable NEHEN’s health information exchange to process more than 8 million transactions every month. By simplifying technology deployment and adoption and implementing Cognizant and TriZetto’s innovative solutions, NEHEN will be able to accelerate its mission of assisting members streamline operations and change the way healthcare is delivered and reimbursed.

With 40 member organizations comprised of over 55 hospitals, 8 health insurance plans and tens of thousands of practitioners, NEHEN offers a range of products to members, counting HIPAA-compliant tools and features that simplify and speed administrative transactions between payers and providers, facilitate the sharing of clinical information, and enable ePrescribing, regulatory compliance and reporting.

TriZetto’s payer solutions comprise benefits administration, care administration, network administration and portal platforms. Its provider solutions comprise real-time eligibility assurance, claims editing, and revenue cycle administration technology services that assist providers get paid quickly and accurately.

Cognizant Technology Solutions Corporation provides information technology (IT), consulting, and business process services worldwide. The company operates through four segments: Financial Services, Healthcare, Manufacturing/Retail/Logistics, and Other. Its consulting and technology services comprise IT strategy consulting, program administration consulting, operations improvement consulting, strategy consulting, and business consulting services; and application design and development, systems integration, enterprise resource planning, and customer relationship administration implementation services.

At the end of Friday’s trade, CA, Inc. (NASDAQ:CA)‘s shares dipped -3.43% to $27.33.

CA Technologies (CA) declared it is a founding Platinum member of The Linux Foundation’s new Open Mainframe Project. The project is designed to create a collaborative environment among top industry leaders and academic institutions to drive both improvements and enterprise innovation on the mainframe. The project will initially focus on reinforcing four key areas: scalability, availability, performance and security.

The Linux Foundation is a non-profit consortium dedicated to fostering the growth of Linux and collaborative software development. As a founding Platinum-level member of the Open Mainframe Project, CA Technologies participation will assist fuel innovation by participating in a neutral forum to drive support for Linux tools, associated hypervisors and open source components.

CA, Inc. provides information technology (IT) administration software and solutions that assist organizations plan, develop, manage, and secure applications and IT infrastructure in the United States and internationally. The company operates through three segments: Mainframe Solutions, Enterprise Solutions, and Services. The Mainframe Solutions segment’s products portfolio comprise systems and database administration, automation, application development, and security; and technologies comprise CA Application Lifecycle Conductor and vStorm Connect Data Streaming for big data. Its products are designed primarily for the IBM System z mainframe platform.

Dot Hill Systems Corp. (NASDAQ:HILL), ended its Friday’s trading session with 0.21% gain, and closed at $9.69.

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.

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