During Tuesday’s Morning trade, Shares of Kraft Heinz Co (NASDAQ:KHC), gained0.28% to $71.44.
The Kraft Heinz Company, stated financial results for the third quarter of 2015. During the quarter, the company accomplished the merger of Kraft and Heinz.
“Our third quarter results reflect continued progress as we integrate these two great companies while driving greater accountability, discipline and efficiency,” said Kraft Heinz CEO Bernardo Hees. “As we implement and expand methodologies such as Zero Based Budgeting, Administration by Objectives and revenue administration, we expect to continue creating the freedom to invest in our business and accelerating long-term profitable sales growth.”
The Kraft Heinz Company, through its auxiliaries, operates as a food and beverage company in North America and internationally. It primarily offers food and beverage products, counting cheese, meats, refreshment beverages, coffee, packaged dinners, refrigerated meals, snack nuts, dressings, ketchup, condiments and sauces, frozen food, soups, beans and pasta meals, infant nutrition, and other food and grocery products.
Shares of Flextronics International Ltd. (NASDAQ:FLEX), declined -0.34% to $11.58, during its current trading session.
Flex, declared that it will take part in the following events during the months of November and December.
- 2015 RBC Capital Markets’ Technology, Internet, Media and Telecommunications Conference
Date: November 11, 2015
Location: New York, NY
Presentation time: 11:00am PT / 2:00pm ET
Presenters: Flex Administration Team
- 2015 UBS Global Technology Conference
Date: November 17, 2015
Location: San Francisco, CA
Presentation time: 2:00pm PT / 5:00pm ET
Presenters: Flex Administration Team
- 2015 Raymond James’ Technology Investors Conference
Date: December 7, 2015
Location: New York, NY
Presentation time: 12:00pm PT / 3:00pm ET
Presenters: Flex Administration Team
Flextronics International Ltd. (Flextronics) is a Singapore-based provider of global supply chain solutions. The Company designs, builds, ships and serves packaged electronic products for its original equipment manufacturers (OEMs) in various groups.
Finally, Shares of Ruckus Wireless Inc (NYSE:RKUS), lost -0.86%, and is now trading at $11.59.
Ruckus Wireless, shipped a new industry-first virtual data plane for Wi-Fi that segregates data traffic from control traffic on large wireless networks. Carriers and enterprises will now have maximum flexibility in network deployments, installing multiple data flow managers across a distributed network to assist optimize cost and performance based on user demands.
The new software – called Virtual Smart Zone Data Plane (vSZ-D) – works with Ruckus’ Virtual SmartZone controllers, which provide a software-based system for managing wireless networks. Virtual SmartZone has built strong market momentum in just one year, with more than 700 customers in production networks – managing more than 200,000 access points. Virtual SmartZone is an early highlight in the industry’s network functions virtualization (NFV) movement, which encapsulates key network functions in software that can run on industry-standard hardware.
“Ruckus is once again leading the way in Wi-Fi innovation, making it easier for carriers and enterprises to virtualize and optimize their networks,” said Greg Beach, vice president of product administration at Ruckus. “Separating control and data traffic delivers noteworthy flexibility, cost and performance advantages for networks that support thousands of devices and access points.”
Ruckus Wireless, Inc. provides carrier-class Wi-Fi solutions to service providers and enterprises worldwide. It provides gateways, controllers, and access points with related software and services.