On Friday, Shares of Splunk Inc (NASDAQ:SPLK), lost -6.34% to $53.22.
Splunk Inc. (SPLK), provider of the leading software platform for real-time Operational Intelligence, declared it has been named the worldwide IT Operations Analytics (ITOA) software market share leader for 2014 in a new report by IDC, a leading provider of global IT research and advice. The IDC report states Splunk® software and cloud services claimed the top market share with 28.7 percent. This is IDC’s first study of vendor revenues and market shares in the emerging ITOA software market, which is experiencing rapid growth.
According to the IDC report: “The company achieved rapid growth driven by expansion in log administration and analysis capabilities delivered via its software and cloud service. The number of data sources and use cases continued to expand together with improvements in customer data volumes, driving raised adoption. Splunk has invested in solutions for Hadoop, mobile, real-time wire, security and cloud, among other data sources.” Additionally, “Splunk supports pre-packaged content and visualization for a variety of analytics use cases counting IT operations, APM, mobile and IoT. This is making Splunk-based analytics available to an increasing variety of IT and business users.”
Splunk, Inc. provides software products that enable organizations to gain real-time operational intelligence in the United States and internationally. The company’s products enable users to collect, index, search, explore, monitor, and analyze data regardless of format or source users.
Shares of Allegheny Technologies Incorporated (NYSE:ATI), declined -4.71% to $12.94, during its last trading session.
Allegheny Technologies Incorporated (ATI) declared that its Board of Directors declared a quarterly cash dividend of $0.08 per share of common stock. The dividend is payable on December 30, 2015 to stockholders of record at the close of business on December 21, 2015.
“Challenging market conditions continue to impact our Flat Rolled Products (FRP) segment standard stainless steel sheet and Grain-Oriented Electrical Steel (GOES) products,” said Rich Harshman, ATI’s Chairman, President and CEO. “As a result, we are reducing our quarterly cash dividend to $0.08 per share from $0.18 per share in the previous quarter.
This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on administration’s current expectations and comprise known and unknown risks, uncertainties and other factors, many of which we are unable to predict or control, that may cause our actual results, performance or achievements to materially differ from those expressed or implied in the forward-looking statements. Additional information concerning factors that could cause actual results to differ materially from those projected in the forward-looking statements is contained in our filings with the Securities and Exchange Commission. We assume no duty to update our forward-looking statements.
Finally, Yum! Brands, Inc. (NYSE:YUM), ended its last trade with 0.03% gain, and closed at $71.32.
Yum! Brands, will discuss further details of its planned separation into two independent publicly-traded companies, with strong growth prospects for each, during its annual investor conference recently in Plano, TX. The Company will outline how the separation transaction will enable Yum! to transform from one company with a previous growth target of at least 10% EPS growth into two companies each targeting an estimated 15% shareholder return per year (EPS growth + Dividend yield). Furthermore, following through on its commitment to return substantial capital to shareholders in conjunction with its business separation, Yum! intends to return up to $6.2 billion of capital to its shareholders between the separation declaration date of October 20, 2015 and the actual business separation, which is predictable to be accomplished by the end of 2016.
YUM! Brands, Inc., together with its auxiliaries, operates quick service restaurants. It operates in five segments: YUM China, YUM India, the KFC Division, the Pizza Hut Division, and the Taco Bell Division. The company develops, operates, franchises, and licenses a system of restaurants, which prepare, package, and sell various food items.
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