On Monday, Shares of Verizon Communications Inc. (NYSE:VZ), lost -2.95% to $44.74, hitting its lowest level.
To meet increasing data center demands, Verizon will start using Mesosphere’s Datacenter Operating System (DCOS) later this year to significantly improve automation, scalability and efficiency when deploying applications, services and big data infrastructure.
Mesosphere DCOS, which is based on the open source cluster manager Apache Mesos, will allow Verizon to accelerate deployment of new products and services for a wide range of products and services counting connected devices and machines, video services, Internet services, storage and mobile applications, in addition to big data and analytics.
With Mesosphere DCOS, Verizon Labs developers will be able to operate the entire data center as a single cohesive entity. As a result, Verizon will be able to automatically scale services up and down to handle the dynamic needs of millions of customers.
Verizon Communications Inc., through its auxiliaries, provides communications, information, and entertainment products and services to consumers, businesses, and governmental agencies worldwide.
Shares of The Kroger Co. (NYSE:KR), declined -3.32% to $33.77, during its last trading session.
The stock has received a buy rating for the short term, according to the latest rank of 2 from research firm, Zacks. The shares could manage an average rating of 1.81 from 13 analysts. 7 market experts have marked it as a strong buy. 1 analysts recommended buying the shares. 5 analysts have rated the company at hold.
The global brokerage major raises the current price target from $80 per share to $90 per share. Analysts at the Deutsche Bank have a current rating of Buy on the shares. The rating by the firm was issued on March 19, 2015.
The Kroger Co., together with its auxiliaries, operates as a retailer in the United States and internationally. It also manufactures and processes food for sale in its supermarkets. The company operates retail food and drug stores, multi-department stores, jewelry stores, and convenience stores.
Finally, WidePoint Corp. (NYSEMKT:WYY), ended its last trade with -5.43% loss, and closed at $1.22.
WidePoint Corporation declared financial results for the second quarter ended June 30, 2015.
Recent Business Highlights
- Entered Planned Alliance with Samsung SDS America.
- Launched New Online Bill Presentment and Analytics Solutions with Three (“3″) Ireland.
- Selected by Telefonica UK for Provisioning Cloud Digital Services.
- Fully Deployed U.S. Immigration and Customs Enforcement component/agency under our DHS BPA.
- Engaged with 3 major remaining DHS BPA component/agencies.
- Engaged with DoD and DHS component/agencies for Certificate-on-DeviceTM (CoD) – derived credentialing and other next generation identity administration services.
- Accomplished phase 1 CoD consulting services with major financial services company and entering phase 2 of rollout; initiated phase 1 CoD with 2 other large commercial enterprises.
- Awarded about $7.8M in DHS BPA task awards; expanded sales channel training and education of new channel partners; and grew 2nd half sales pipeline due to introduction of new next generation identity administration services.
- Continued development with new partners of product roadmap for CoD for individuals, derived credentials, machine device credentials, and other “Internet of Things” components; continued consolidation of platforms and integration efforts of our enterprise solutions.
Second Quarter 2015 Financial Highlights
- Net revenue raised 41% to $17.4 million from $12.4 million in the second quarter of 2014.
- Gross profit was $3.3 million contrast to $3.6 million in the second quarter of 2014, which supports extra capacity for expanded next generation identity administration services and managed mobility services.
- Adjusted EBITDA loss was about $958,000 contrast to $669,000 in the second quarter of 2014, counting investments made in support of our next generation identity administration services in our general and administrative expenses.
- Net loss was about $1.4 million contrast to net loss of about $0.7 million in the second quarter of 2014 or basic and diluted loss per share of 0.017 per share contrast to $0.009 in the second quarter of 2014.
- Net working capital was about $10.6 million as of June 30, 2015.
WidePoint Corporation provides information technology (IT) based products, services, and solutions worldwide. The company offers expense administration solutions, which provide a range of dashboards and reports to evaluate communications carrier compliance against a contract, and manage communication assets and expenses; identity administration and identity assurance services to protect and defend information and information systems; and Certificate-on-Device solution, a robust cloud-based service that provides secure digital certificates to various mobile devices.
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