On Wednesday, Amazon.com, Inc. (NASDAQ:AMZN)’s shares inclined 0.56% to $529.00.
Amazon declared it sold more units on Prime Day than the biggest Black Friday ever and had more new members try Prime worldwide than any single day in Amazon history. Customers ordered 34.4 million items across Prime-eligible countries, breaking all Black Friday records with 398 items ordered per second. Prime Day was also a great savings day – members globally saved millions on deals. Customers ordered hundreds of thousands of Amazon devices – making it the largest device sales day ever worldwide.
Prime Day highlights from the US:
- Members ordered tens of thousands of Fire TV Sticks in one hour, making it the fastest-selling deal on an Amazon device ever.
- Fire tablet sales on Amazon exceeded sales on Black Friday last year.
- Members ordered thousands of e-readers and thousands of Echos in just 15 minutes.
- 56,000 Lord of the Rings: The Motion Picture Trilogy sets.
- 47,000 Televisions sold, which was 1300% year-over-year growth.
- 51,000 Bose Headphones, contrast to 8 the previous Wednesday.
- 28,000 Rubbermaid 42-Piece Easy Find Lid Food Storage Sets, contrast to 428 the previous Wednesday.
- 24,000 Instant Pot 7-in-1 Programmable Pressure Cookers, contrast to 182 the previous Wednesday.
- 14,000 iRobot Roomba 595 Pet Vacuum Cleaning Robots, contrast to 1 the previous Wednesday.
Amazon.com, Inc. operates as an online retailer in North America and internationally. It operates in two segments, North America and International. The company serves consumers through retail Websites, such as amazon.com and amazon.ca, which primarily comprise merchandise and content purchased for resale from vendors and those offered by third-party sellers .
Wave Systems Corp. (NASDAQ:WAVX)’s shares dropped -39.10% to $0.135.
Wave Systems Corp. (NASDAQ: WAVX), a developer of enterprise security software solutions, declared recently that its Board of Directors and Senior Administration have initiated a global restructuring of the Company’s business in conjunction with a review of Wave’s options for raising capital and pursuing customer transactions and other planned alternatives.
Wave’s restructuring involves immediate steps to reduce the Company’s global workforce by about 60% from 133 full time employees and contractors to a core team of about 54 employees spread across all functional areas. This core team was specifically selected to maintain critical competencies in all planned technical, sales and administrative functions. The staffing reductions will comprise a combination of terminations and furloughs, which will provide some flexibility to recall employees if circumstances require. The Company is also exploring potential financing alternatives to bolster its working capital position.
Wave Systems Corp. develops, produces, markets, and sells products for hardware-based digital security in the United States and internationally. The company’s products are based on the Trusted Platform Module (TPM), a hardware chip that enables secure protection of files and other digital secrets, in addition to performs critical security functions.
At the end of Wednesday’s trade, Rex Energy Corporation (NASDAQ:REXX)‘s shares surged 0.82% to $2.45.
Rex Energy Corporation (REXX) declared that it has designated Robert W. Ovitz as Chief Operating Officer of the company. Mr. Ovitz, who most served as the Senior Vice President, Operations for the company, assumes the COO role from Patrick M. McKinney, who has served as COO since May 2010 and both President and COO since October 2011. Mr. McKinney will leave the company in August to pursue an opportunity in the investment banking industry. +
Effective right away, Ovitz will assume responsibility for company-wide operations, with direct oversight of Appalachian and Illinois operations, reservoir engineering, and exploration and geology. He will be responsible for the alignment, precedingitization and administration of operational capital to execute the company’s exploration, drilling and production strategies, and for ensuring operational excellence across the company.
Rex Energy Corporation operates as an independent oil, natural gas liquid, and natural gas company in the Appalachian and Illinois basins in the United States. The company focuses on the Marcellus Shale, Utica Shale, and Burkett Shale drilling and exploration activities in the Appalachian Basin, in addition to on developmental oil drilling and the implementation of improved oil recovery on its properties in the Illinois Basins.
American Tower Corp (NYSE:AMT), ended its Wednesday’s trading session with -0.34% loss, and closed at $96.35.
American Tower Corporation (AMT) stated financial results for the quarter ended June 30, 2015.
SECOND QUARTER 2015 OPERATING RESULTS OVERVIEW
American Tower generated the following operating results for the quarter ended June 30, 2015 (unless otherwise indicated, all comparative information is presented against the quarter ended June 30, 2014).
- Total revenue raised 13.9% to $1,174 million, and total rental and administration revenue raised 14.8% to $1,154 million.
- Total rental and administration revenue Core Growth was about 23.2%, and total rental and administration Organic Core Growth was about 7.3%.
- Total rental and administration Gross Margin raised 13.1% to $843 million, and total rental and administration Gross Margin percentage was 73%.
- Adjusted EBITDA raised 11.7% to $762 million, Core Growth in Adjusted EBITDA was 21.1%, and Adjusted EBITDA Margin was 65%.
American Tower Corporation is a real estate investment trust. It invests in the real estate markets across the globe. The firm engages in leasing of space on multi-tenant communications sites to wireless service providers, radio and television broadcast companies, wireless data and data providers, government agencies and municipalities and tenants in a number of other industries. American Tower Corporation was founded in 1995 and is headquartered in Boston, Massachusetts.
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