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Tuesday 8 September 2015
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Current Trade News Alert on: Qihoo 360 Technology (NYSE:QIHU), Trimble Navigation (NASDAQ:TRMB), Splunk Inc(NASDAQ:SPLK), Comerica (NYSE:CMA)

During Wednesday’s Current trade, Shares of Qihoo 360 Technology Co Ltd(NYSE:QIHU), gain 0.69% to $49.90.

360 Mobile Security Limited, a leading developer of mobile antivirus and performance applications with a core product 360 Security, recently declared the findings from its quarterly report, “Q2 2015 Malware and Vulnerability Report.” This quarter’s report reveals that of the devices that were compromised by malware in the U.S., more than half were infected by privacy-stealing malware.

From an analysis of more than 200 million Android devices, the Q2 2015 Malware and Vulnerability Report uncovered major threats among Android mobile devices and exposed large shares of privacy stealing malware and performance influenced adware.

According to data from the International Data Corporation (IDC), vendors shipped a total of 334.4 million smartphones worldwide in the first quarter of 2015 (1Q15) and Android dominated the market with a 78.0% share. With such an outstanding market share and with an open, consumer-focused nature, Android OS is becoming an easier target for malwares. Greater than 97% of mobile malware targets Android devices, whereas iOS malware takes less than 1% of the share.

Qihoo 360 Technology Co. Ltd., through its auxiliaries, provides Internet services in the People’s Republic of China. The company operates through Internet Services and Others segments. It offers various Internet security products, counting 360 Safe Guard, a one-stop solution for PC Internet security and system optimization; 360 Anti-Virus, an anti-virus application that uses multiple scan engines to protect users’ computers against various kinds of malware; and 360 Mobile Safe, a security program for the Google Android, Apple iOS, and Windows Phone smartphone operating systems.

Shares of Trimble Navigation Limited (NASDAQ:TRMB), inclined 2.14% to $18.40, during its current trading session.

Trimble (TRMB) declared financial results for the second quarter of 2015.

Second Quarter 2015 Financial Summary

Second quarter 2015 revenue of $585.8 million was down 9 percent as contrast to the second quarter of 2014. Engineering and Construction revenue was $338.5 million, down 8 percent. Field Solutions revenue was $87.1 million, down 24 percent. Mobile Solutions revenue was $128.3 million, up 4 percent. Advanced Devices revenue was $31.9 million, down 13 percent. Foreign currency translation unfavorably influenced company revenue by about 4 percent as contrast to the second quarter of 2014.

GAAP operating income was $36.0 million, down 63 percent as contrast to the second quarter of 2014. GAAP operating margin was 6.1 percent of revenue as contrast to 15.1 percent of revenue in the second quarter of 2014.

Trimble Navigation Limited provides technology solutions to enhance the work processes of office and mobile field professionals worldwide. The company’s Engineering and Construction segment offers field and office software for route selection and design; systems to guide and control construction equipment; systems to monitor, track, and manage assets, equipment, and workers; software to share and communicate data; 3D conceptual design and modeling software; BIM software for design, construction, and maintenance; integrated site layout and measurement systems; application products; integrated workplace administration services software; capital program and facility administration solutions; and field based data collection systems and software, communications systems, and back-office software.

Splunk Inc (NASDAQ:SPLK), during its Wednesday’s current trading session decreased -1.03% to $58.97.

Splunk Inc. (SPLK), provider of the leading software platform for real-time Operational Intelligence, recently declared that it will be holding an Investor and Analyst meeting on Tuesday, Sept. 22, 2015. The event will be held in conjunction with .conf2015: The 6th Annual Splunk Worldwide Users’ Conference at the MGM Grand in Las Vegas.

  • Godfrey Sullivan, Chairman and CEO, Splunk, will provide a company overview starting at 9 a.m. PDT.
  • Dave Conte, chief financial officer, Splunk, will host a financial talk about starting at 11 a.m. PDT.

Splunk, Inc. provides software products that enable organizations to gain real-time operational intelligence in the United States and internationally. The company’s products enable users to collect, index, search, explore, monitor, and analyze data regardless of format or source users. It offers Splunk Enterprise, a machine data engine with collection, indexing, search, reporting analysis, alerting, monitoring, and data administration capabilities; and Splunk Cloud service.

Finally, Comerica Incorporated (NYSE:CMA), gained 0.72%, to $42.23.

Comerica Bank and RocketSpace declared the launch of a business pitch contest focused on financial technology for the wearables market. Comerica Bank is the presenting sponsor, providing the full prize amount of $50,000 for the winning pitch.

Applications will be accepted through September 16, 2015. The five finalists will be declared on September 30th. Those finalists will compete in a “live” pitch event will be held at RocketSpace, the largest and leading technology ecosystem in the San Francisco Bay Area on October 29, 2015. The judging panel will comprise of executives from Comerica Bank’s Technology and Life Sciences Division, RocketSpace, and leading VCs. The winner will walk away with a check for $50,000.

Comerica Incorporated, through its auxiliaries, provides various financial products and services. It operates through three segments: Business Bank, Retail Bank, and Wealth Administration. The Business Bank segment offers various products and services, such as commercial loans and lines of credit, deposits, cash administration, capital market products, international trade finance, letters of credit, foreign exchange administration services, and loan syndication services to middle market businesses, multinational corporations, and governmental entities.

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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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