On Monday, Shares of InterCloud Systems, Inc. (NASDAQ:ICLD), surged 12.37% to $4.45, as the networks solutions company continues its gains from Friday.
On Friday, InterCloud declared a new contract with a major auto parts dealer. The company said that its cloud team was hired by a “large east coast auto parts distributor” to design, migrate, and implement a cloud solution to house a web services infrastructure, centralized point of sale, and inventory data across all store locations.
The company said its solution will comprise “development, quality assurance, production and disaster recovery environments, and will employ industry leading storage and delivery technologies.”
The value of the contract was not revealed.
InterCloud Systems, Inc. provides end-to-end IT and network solutions to the telecommunications service provider and corporate enterprise markets through cloud platforms and professional services in the United States and internationally. It operates through three segments: Applications and Infrastructure, Professional Services, and Cloud and Managed Services.
Shares of salesforce.com, inc. (NYSE:CRM), declined -1.66% to $71.20, during its last trading session.
salesforce.com, declared that Salesforce will host a press event in San Francisco on May 12, 2015. Sage CEO Stephen Kelly and Salesforce Chairman and CEO Marc Benioff will host a fireside chat to talk about the partnership between the world’s #1 small business accounting company and the world’s #1 CRM solution and enterprise cloud platform.
salesforce.com, inc. provides enterprise cloud computing solutions, with a focus on customer relationship administration to various businesses and industries worldwide. The company offers enterprise cloud computing apps and platform services, counting Sales Cloud for sales force automation, which enables companies to store data, access accurate customer and prospect information, track leads and progress, forecast opportunities, and collaborate around any sale on desktop and mobile devices; Service Cloud that enables companies to connect address customers service and support needs; and Marketing Cloud, which enables companies to map customer journeys to digital marketing interactions through email, mobile, social, Web, and connected products.
Finally, Prologis, Inc. (NYSE:PLD), ended its last trade with -0.76% loss, and closed at $40.44.
Prologis, declared recently that its operating partner Prologis, L.P. has priced an offering of €700 million aggregate principal amount of notes due May 13, 2021, that have an annual coupon rate of 1.375% and were priced at 99.112% of the principal amount. The notes will be senior unsecured obligations of the Operating Partnership and will be fully and unconditionally guaranteed by Prologis, Inc. The sale of the notes is predictable to close on or about May 13, 2015, subject to customary closing conditions. The offering has been made following an effective shelf registration statement filed with the Securities and Exchange Commission.
The Operating Partnership may use a portion of the net proceeds to fund development and acquisitions, counting a portion of Prologis, Inc.’s share of the purchase price for the formerly declared acquisition transaction with KTR Capital Partners and its associates. A portion of the net proceeds may also be used for other general corporate purposes, counting investment in co-investment ventures and debt repayment. In the short term, the Operating Partnership anticipates to use a portion of the net proceeds to repay outstanding borrowings under its global line and/or multi-currency senior term loan. Associates of J.P. Morgan Securities plc, Merrill Lynch International and Morgan Stanley & Co. International plc and associates of certain of the other underwriters are lenders under the multi-currency senior term loan and/or the global line of credit.
Prologis Inc. is an independent equity real estate investment trust. It invests in the real estate markets across the globe. The firm engages in the ownership, development, administration, and leasing of industrial distribution and retail properties. It was formerly known as Security Capital Investment Trust. Prologis Inc. was formed in 1991 and is based in San Francisco, California with an additional office in Denver, Colorado.
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.
