On Monday, Shares of Cisco Systems, Inc. (NASDAQ:CSCO), lost -0.44% to $29.18.
Covisint Corporation (COVS), the cloud platform of choice for Internet of Things (IoT) and Identity Administration (IdM) solutions, and Cisco Systems, declared they will jointly talk about the future of the connected vehicle at TU-Automotive Detroit.
Connected vehicles are transforming the owner and driver experience, offering raised convenience, personalization and entertainment value. However, for end-users to fully reap the benefits, manufacturers need to increasingly navigate gaps in both security and connectivity. At the event, Covisint chief security officer David Miller and Cisco(R) director of smart connected vehicles Andreas Mai will talk about how vehicles can safely connect with the world around them to enable the next-generation user experience.
Taking place at the Suburban Collection Showcase in Novi, Michigan, June 3-4, 2015, TU-Automotive Detroit is the world’s premier conference and exhibition dedicated to the future of connected car innovation in automotive technology. Details of the keynote presentation comprise:
- What: “Billions of Connected Things: Ingredients for Interoperability”
- Who: David Miller, chief security officer, Covisint, and Andreas Mai, director of smart connected vehicles, Cisco
- When: 11:50 a.m. EDT on June 3, 2015
Cisco Systems, Inc. designs, manufactures, and sells Internet Protocol (IP) based networking products and services related to the communications and information technology industry worldwide.
Shares of Delta Air Lines, Inc. (NYSE:DAL), inclined 3.33% to $44.35, during its last trading session.
Delta Air Lines, partnered with KaBOOM! Saturday to build a playground at Woodbridge Community Youth Center, which serves more than 4,500 kids in the Detroit area. The build marks Delta’s first playground build in Detroit and the airline’s seventh build in partnership with KaBOOM!.
More than 280 volunteers, counting 180 Delta employees and residents of the Detroit community, mixed 20,000 pounds of concrete, shoveled mulch, installed a fence surrounding the playground, painted art work and assembled a new playground structure in just six hours as part of the one-day build. The new playground is exclusively designed from drawings by children in the community.
At the ribbon cutting, Andrea Newman, Delta’s Senior Vice President of Government Affairs, surprised attendees when she presented a check to the Woodbridge Community Youth Center for $10,000, which will assist the organization with long-term maintenance of the playground and support the programs it provides.
Isaiah McKinnon, Deputy Mayor of Detroit, attended and thanked Delta and KaBOOM! for the new playground.
Delta Air Lines, Inc. provides planned air transportation for passengers and cargo worldwide. The company operates in two segments, Airline and Refinery. Its route network comprises various gateway airports in Amsterdam, Detroit, Los Angeles, Minneapolis-St. Paul, New York-LaGuardia, New York-JFK, Paris-Charles de Gaulle, Salt Lake City, Seattle, and Tokyo-Narita.
At the end of Monday’s trade, Shares of HomeAway, Inc. (NASDAQ:AWAY), gained 8.16% to $30.36.
HomeAway, declared its $2 million minority investment in Flat4Day, also known in Turkey as Hemenkiralik, the country’s largest vacation rental website. HomeAway(R) led the round of fundraising with participation by Istanbul-based venture capital fund 212 Ltd. Flat4Day lists nearly 30,000 properties, the vast majority of which are entire homes in Turkey and other popular destinations such as Southern Europe.
The Middle East has strong potential for tourism growth, according to market research firm Euromonitor, thanks to relatively high Middle Eastern spending on domestic travel. Outbound travel tends to be amongst larger groups and for longer periods of time, and an estimated one in six travelers book their trip online. Euromonitor cites “visiting family” as the number one reason for travel across United Arab Emirates and Saudi Arabia.
Flat4Day offers listings in multiple languages, counting Turkish, Arabic, English, Russian and German, and provides flexible payment options. For those who do not have access to online payment methods, the company integrates with Arabic travel agencies. Its Turkey-based team also conducts in-person verification for the majority of properties listed on the platform.
HomeAway, Inc., together with its auxiliaries, operates an online vacation rental property marketplace that enables property owners and managers to market properties for rental to vacation travelers.
Finally, Pepsico, Inc. (NYSE:PEP), ended its last trade with -0.48% loss, and closed at $95.97.
The stock has the beta value of 0.43, and its volatility for the week is 1.12%, while for the month it is 0.99%. The company has the market capitalization of $141.66B. The company holds the book value per share of 10.69, whereas cash per share is 5.76. Price to book ratio remained 8.98, while price to sale ratio is 2.14. Analysts mean recommendation for the stock is said to be 2.20. (where 1=Buy, 5=sale).
PepsiCo, Inc. operates as a food and beverage company worldwide. Its Frito-Lay North America segment offers Lay’s potato chips, Doritos tortilla chips, Cheetos cheese-flavored snacks, Tostitos tortilla chips, branded dips, Ruffles potato chips, Fritos corn chips, and Santitas tortilla chips.
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.