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Thursday 6 August 2015
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Latest Update

Current Trade News Alert on: LinkedIn (NYSE:LNKD), Vonage Holdings (NYSE:VG), Jacobs Engineering (NYSE:JEC), Zayo Group Holdings (NYSE:ZAYO)

During Tuesday’s Current trade, Shares of LinkedIn Corp (NYSE:LNKD), lost -1.66% to $205.98.

LinkedIn Corp (LNKD) is presently developing two new, standalone apps, The Wall Street Journal reports, a move in line with the company’s recent strategy, spearheaded by chief executive Jeff Weiner, to unbundle its services on mobile.

LinkedIn Groups, which notifies users when messages are posted in groups to which they belong, and LinkedIn LookUp, designed to allow workers to find out information on their colleagues, are the two apps presently being tested, according to the WSJ report, although it’s unknown when either will launch.

LinkedIn Corporation, together with its auxiliaries, operates an online professional network worldwide. The company, through its proprietary platform, allows members to create, manage, and share their professional identity online; build and engage with their professional networks; access shared knowledge and insights; and find business opportunities.

Shares of Vonage Holdings Corp. (NYSE:VG), declined -2.11% to $4.64, during its current trading session.

Vonage Holdings Corp. (VG), a leading provider of cloud communications services for consumers and businesses, recently declared it was granted 11 new patents in the second quarter of 2015 by the United States Patent and Trademark Office. The Company now owns 86 U.S. patents, with nearly 250 U.S. patent applications pending, together with many foreign patents and pending applications in jurisdictions worldwide.

Call Processing System Enhancements

U.S. Pat. No. 9,001,699, “Systems and Methods for Communication Setup Via Reconciliation of Internet Protocol Addresses,” allows VoIP operators to more effectively optimize quality-of-service and capacity on their networks by communicating signaling and data from customers to the VoIP network over different channels.

U.S. Pat. No. 9,015,221, “Method and Apparatus for Distributing Objects,” provides an algorithm for efficiently automating the distribution of calls as they occur in real-time.

Vonage Holdings Corp. provides unified communications as a service solutions connecting people through cloud-connected devices worldwide. The company offers home telephone replacement services to residential customers through various service plans with basic features, such as voicemail, call waiting, call forwarding, simulring, visual voicemail, and extensions, in addition to area code selection, virtual phone number, and Web-enabled voicemail.

Jacobs Engineering Group Inc (NYSE:JEC), during its Tuesday’s current trading session decreased -1.10% to $39.47.

Jacobs Engineering Group Inc (JEC) declared recently it was designated by Managing Contractor Lend Lease Building Pty Limited for a major extension to an existing contract for the New Air Combat Capability (NACC) facilities project in Australia.

The NACC project is developing new and refurbished facilities on ten Defence sites around Australia to accommodate the Royal Australian Air Force’s introduction of the new Joint Strike Fighter (JSF) F-35A Lightning jets.

Under the terms of the contract extension, Jacobs is providing design services encompassing structural, security, electrical, mechanical, civil, traffic, hydraulic, fire and acoustics.

Company officials did not disclose the contract value.

Jacobs Engineering Group Inc. provides technical, professional, and construction services to various industrial, commercial, and governmental clients. It offers project services that comprise engineering, design, architectural, interiors, planning, environmental, and other services; and process, scientific, and systems consulting services, counting services performed in connection with scientific testing, analysis, and consulting activities, in addition to information technology, and systems engineering and integration activities.

Finally, Zayo Group Holdings Inc (NYSE:ZAYO), decreased -2.01%, to $24.41.

Zayo Group Holdings, Inc. (ZAYO), an international provider of Bandwidth Infrastructure services, recently declared that it has upgraded its Ethernet backbone to 100 Gigabit per second (100G) capabilities. The upgrade will enable Zayo to support the growing bandwidth needs of its customers.

Zayo’s upgrade comprises the installation of 100G-capable points of presence (PoPs) across its domestic and international backbone, and will enable Zayo to offer Ethernet services up to 40G intercity and transatlantic, and 100G in metro areas on a native 100G port in point-to-point or multipoint configurations.

Zayo’s 100G PoPs will initially be accessible in 12 key markets throughout the U.S. and Europe, counting Chicago, Dallas, Houston, Los Angeles, San Jose, Seattle, New York, Washington, D.C., Amsterdam, Frankfurt, London and Paris. Zayo will expand into additional markets, as needed.

Zayo Group Holdings, Inc., through its auxiliaries, provides bandwidth infrastructure solutions for the communications industry in the United States and Europe. The company operates in three segments: Physical Infrastructure, Lit Services, and Other. The Physical Infrastructure segment provides dark fiber, fiber-to-the-tower and small cell mobile infrastructure, and colocation and interconnection services for carriers and other communication service providers, Internet service providers, wireless service providers, media and content companies, large enterprises, and other companies.

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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.

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