During Thursday’s trade, Shares of Verizon Communications Inc. (NYSE:VZ), lost -0.20% to $44.83.
Verizon Communications is now offering its customers a secure and direct connection to the IBM Cloud. With Verizon’s Secure Cloud Interconnect services users can connect directly to IBM Cloud services through a secure, flexible private link that enables workloads to move seamlessly between clouds. It also gives enterprises the freedom to store data in a variety of settings, counting a traditional IT environment, a dedicated on- or-off premises cloud and a shared off-premises cloud making it easier to scale and meet business requirements.
Verizon’s Secure Cloud Interconnect enables users to take advantage of Software Defined Networking (SDN) capabilities allowing for more control and agility over their connectivity to cloud environments. Capabilities comprise consumption-based bandwidth, pre-provisioned on-demand resources, controlled application performance and varying classes of service.
Verizon Communications Inc., through its auxiliaries, provides communications, information, and entertainment products and services to consumers, businesses, and governmental agencies worldwide.
Shares of Express Inc. (NYSE:EXPR), declined -5.41% to $16.44, during its current trading session.
Express declared its financial results for the third quarter of 2015. These results cover the thirteen and thirty-nine week periods ended October 31, 2015 and compare to the thirteen and thirty-nine week periods ended November 1, 2014.
Third Quarter 2015 Operating Results:
- Net sales raised 10% to $546.6 million from $497.6 million in the third quarter of 2014.
- Comparable sales (counting e-commerce sales) raised 6%, contrast to a 5% decrease in the third quarter of 2014.
- E-commerce sales rose 6% to $83.8 million.
- Merchandise margin grew by 160 basis points through disciplined administration of inventory levels and a reduction in promotions. Buying and occupancy as a percentage of net sales also improved by 170 basis points as costs were leveraged against higher sales. Together, these led to a gross margin improvement of 330 basis points, with gross margin of 35.0% contrast to 31.7% in last year’s third quarter.
Express, Inc. operates as a specialty apparel and accessories retailer. It offers apparel and accessories for women and men between 20 and 30 years across various aspects of lifestyles, counting work, casual, jeanswear, and going-out occasions.
Finally, NCR Corporation (NYSE:NCR), lost -1.89%, and is now trading at $26.72.
Krispy Kreme Doughnuts, Inc. (KKD) and NCR Corporation (NCR), the global leader in consumer transaction technologies, through the NCR Foundation, recently declared a donation of $50,000 to The Salvation Army. Additionally, to celebrate the recent nationwide launch of their new mobile app, Krispy Kreme is opening up their app during this holiday season to invite guests to donate directly to The Salvation Army.
Earlier this year, Krispy Kreme worked with NCR to build and deploy the Krispy Kreme Rewards mobile app. Unlike other apps in their space, the NCR platform enables Krispy Kreme to uniquely connect their guests with special invitations and messages based on their location and rewards membership. During the holidays, Krispy Kreme is able to augment this experience with an additional invitation to share in the Joy of Giving with a donation to The Salvation Army.
NCR Corporation, a technology company, provides solutions and services that enable businesses to connect, interact, and transact with their customers worldwide. The company operates through four segments: Financial Services, Retail Solutions, Hospitality, and Emerging Industries.
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.
