On Monday, Shares of Fortinet Inc (NASDAQ:FTNT), gained 2.42% to $47.85.
Fortinet, unveiled its new Cyber Threat Assessment program designed to provide organizations a detailed look into the type and number of cyber threats posing risks to their networks, yet are going undetected by their existing security solutions. This new offering is part of a broader effort by Fortinet and its FortiGuard Labs threat research team to integrate risk and advisory capabilities with its end-to-end security platform to provide customers greater insight into dynamically changing cyber risks that threaten their businesses.
Program Uncovers Unknown Risks, Provides Immediate Mitigation Strategies
Fortinet, in partnership with a number of key partners, is offering its threat assessment program to organizations free-of-charge. Through the assessment process, the FortiGate high-performance next generation firewall will be installed within the customer network, where it monitors the application traffic traversing the network for intrusions, malware and malicious applications that could collectively cause massive risk to the network, giving attackers access to a company’s most sensitive files and database information. At the end of the data collection period, a detailed ‘Risk Assessment Report’ will be generated, using FortiAnalyzer, that provides an analysis of the application traffic, user productivity, network utilization, the overall security risk, and the related business risk, in addition to detailed, actionable mitigation recommendations.
Fortinet, Inc. provides cyber security solutions for enterprises, service providers, and government organizations worldwide. The company offers FortiGate physical and virtual appliances products that provide various integrated security and networking functions to protect data, applications, and users from network- and content-level security threats; FortiManager product family to manage the system configuration and security functions of multiple FortiGate devices from a centralized console; and the FortiAnalyzer product family, which enables the collection, analysis, and archiving of content and log data generated by its products.
Shares of Teekay Tankers Ltd. (NYSE:TNK), inclined 1.63% to $6.87, during its last trading session.
Teekay Tankers Ltd., stated adjusted net income attributable to its shareholders of $41.3 million, or $0.35 per share, for the quarter ended June 30, 2015, contrast to an adjusted net loss of $4.1 million, or $0.05 per share, for the same period in the preceding year. The enhance is primarily due to stronger spot tanker rates in the second quarter of 2015 contrast to the same period in the preceding year, an enhance in fleet size due to the acquisition of the four Long Range 2 (LR2) product tankers and one Aframax tanker in the first quarter of 2015 and the addition of the nine in-chartered vessels that delivered to the Company during 2014 and the first half of 2015. Adjusted net income attributable to shareholders excludes a number of specific items that had the net effect of increasing net income attributable to shareholders by $3.0 million, or $0.03 per share, and by $8.7 million, or $0.10 per share, for the three months ended June 30, 2015 and 2014, respectively, as detailed in Appendix A to this release. Counting these items, the Company stated, on a GAAP basis, net income attributable to its shareholders of $44.2 million, or $0.38 per share, and $4.6 million, or $0.05 per share, for the three months ended June 30, 2015 and 2014, respectively. Net revenueswere $104.0 million and $40.8 million for the three months ended June 30, 2015 and 2014, respectively.
During the second quarter of 2015, the Company generated $57.9 million, or $0.50 per share, of free cash flow, contrast to $9.2 million, or $0.11 per share, in the second quarter of 2014, due to higher average spot rates earned and an enhance in the size of the Company’s fleet. On July 2, 2015, Teekay Tankers declared a dividend of $0.03 per share for the second quarter of 2015, which was paid on July 31, 2015 to all shareholders of record on July 17, 2015. Since the Company’s inception, it has declared dividends in 31 successive quarters.
Teekay Tankers Ltd. is engaged in the marine transportation of crude oil and refined petroleum products through the operation of its oil and product tankers worldwide. As of December 31, 2014, it owned 27 double-hulled conventional oil tankers, time-chartered in 8 Aframax tankers, and 4 long range 2 product tankers from third parties; and owned a 50% interest in 1 very large crude carrier.
At the end of Monday’s trade, Shares of AmTrust Financial Services Inc (NASDAQ:AFSI), lost -0.40% to $63.02.
A.M. Best has assigned a financial strength rating of A (Excellent) and an issuer credit rating of “a” to AmTrust Captive Solutions Limited (ACS) (Luxembourg). The outlook assigned to both ratings is stable.
The ratings reflect the explicit support offered by AmTrust Financial Services, Inc’s (AFSI) [NASDAQ:AFSI] Bermuda partner, AmTrust International Insurance, Ltd. (AIIL), in the form of an intercompany quota share agreement that will be executed following regulatory approval. The ratings of AFSI have been extended to ACS as a result of the aforementioned quota share agreement. All remaining ratings of AFSI and its auxiliaries are unchanged.
AmTrust Financial Services, Inc., through its auxiliaries, underwrites and provides property and casualty insurance in the United States and internationally. It operates in three segments: Small Commercial Business, Specialty Risk and Extended Warranty, and Specialty Program.
Finally, CBRE Group Inc (NYSE:CBG), ended its last trade with -0.84% loss, and closed at $37.91.
CBRE Group, declared the completion of the offering of $600 million in aggregate principal amount of 4.875% Senior Notes due 2026. The Notes have an interest rate of 4.875% per annum and have been issued at a price equal to 99.240% of their face value. The Company’s wholly-owned partner, CBRE Services, Inc., issued the Notes, which are guaranteed on a full and unconditional basis by the Company and the auxiliaries that guarantee its senior credit facility.
The Company estimates that the net proceeds from the offering will be about $589.6 million, after deducting the underwriters’ discounts and estimated offering expenses. The Company intends to use the proceeds from this offering for general corporate purposes, counting paying a portion of the consideration for its formerly declared acquisition of Johnson Controls, Inc.’s Global Workplace Solutions (GWS) business. The acquisition is predictable to close in the late third quarter or early fourth quarter of 2015.
J.P. Morgan, HSBC, BofA Merrill Lynch, Wells Fargo Securities, Credit Suisse, MUFG, RBS and Scotiabank acted as joint book-running managers for the offering of the Notes.
CBRE Group, Inc. operates as a commercial real estate services and investment company worldwide. The company operates through Americas; Europe, Middle East and Africa; Asia Pacific; Global Investment Administration; and Development Services segments.
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