On Thursday, in the course of current trade, Shares of 2U Inc (NASDAQ:TWOU), climbed 1.67%, and is now trading at $36.54.
2U, Inc. (TWOU), declared that CEO and co-founder Chip Paucek will present at the Credit Suisse 6th Annual Small & Mid Cap Conference on September 17th. 2U is a leading provider of cloud-based software-as-a-service technology fused with technology-enabled services that enables leading nonprofit colleges and universities to deliver high-quality degree programs online.
Paucek will present on Thursday, September 17th at 1:50 p.m. ET at The Waldorf Astoria in New York City.
2U, Inc. provides cloud-based software-as-a-service (SaaS) solutions for nonprofit colleges and universities to deliver education to qualified students. Its cloud-based SaaS platform solutions comprise online campus, an online learning platform that enables its clients to offer educational content together with instructor-led classes in a live, intimate, and engaging setting through proprietary Web-based and mobile applications; and content administration system, which enables its clients to author, review, and deploy asynchronous content into their online programs.
During an Afternoon trade, Shares of Servicesource International Inc (NASDAQ:SREV), raised 1.61%, and is now trading at $4.42.
ServiceSource, declared it has designated seasoned HR executive Judy Morris as the company’s Chief Human Resources Officer. Morris will lead ServiceSource’s HR team across all regions focusing on the attraction, development and retention of talent at all levels. Morris will also play an instrumental role in shaping the company’s future by defining an HR vision and strategy that ties together culture, systems, processes and programs across the entire global organization.
“As a company where services play a major role in the solutions we provide to B2B enterprises, our people are the backbone of ServiceSource. This is why we took great care to find an HR leader who is practiced, passionate, high-energy and ready to make a big impact—and we found that in Judy,” said Christopher M. Carrington, CEO of ServiceSource. “Judy is a tremendous HR leader with extensive experience working within global, services-based companies and the passionate, entrepreneurial spirit that we need to complete our leadership team. Judy will represent all of our employees and serve as the internal champion of our commitment to culture, mission, vision and values.”
In her new role, Morris will be responsible for all aspects of HR leadership, and for designing and implementing human resources strategies and services that serve the current demands and anticipate the future needs of the company. In addition, Morris will be responsible for creating and managing an effective high-volume talent acquisition strategy to ensure the appropriate level of hiring is met to support the company’s rapidly expanding client and organizational needs.
ServiceSource International, Inc. provides recurring revenue administration, maintenance, support, and subscription for technology and technology-enabled healthcare and life sciences companies. The company operates in two segments: Managed Services, and Cloud and Business Intelligence.
Shares of Endurance International Group Hldgs Inc (NASDAQ:EIGI), dipped -0.07%, and is now trading at $14.88.
A majority (71 percent) of small businesses owners feel positive about the current state of their business, yet concerns remain about the economic outlook through the end of the year, according to the U.S. Small Business Economic and Political Sentiment Survey conducted by Endurance International Group (EIGI). More than half (52 percent) of small business owners still cite the health of the economy as the most important issue to their business.
When it comes to Washington, a majority (72 percent) of small business owners do not feel that the current group of Presidential candidates is addressing issues important to small business, and those surveyed were essentially split on which party they feel best represents small business – with the Republican Party at 24 percent and Democratic Party at 23 percent.
“With global stock market volatility and general economic unease around the world, small business owners are looking for our leaders in Washington to precedingitize small business issues, and the Presidential candidates should take note,” said Endurance CEO and Founder, Hari Ravichandran. “Small businesses don’t feel their needs are being adequately addressed. It is critically important that we encourage their growth and innovation.”
Endurance International Group Holdings, Inc., together with its auxiliaries, provides cloud-based platform solutions for small-and medium-sized businesses worldwide. It offers domain registration, administration, and resale services; proprietary, third-party, and open source Website building tools and design services that enable subscribers with varying degrees of technical sophistication to create a customized Web presence; Web hosting services, counting entry-level shared hosting, and virtual private server and dedicated hosting services; malware protection solutions to protect subscribers Websites from viruses, malicious code, and other threats; and backup control solutions that enable subscribers to plan, maintain, manage, and restore backups of their online data and Websites to meet their particular business needs.
Finally, Marlin Business Services Corp. (NASDAQ:MRLN) , gained 1.93% Thursday.
Marlin Business Services Corp., declared that its Board of Directors has authorized the declaration of a special dividend of $2.00 per share. The special dividend is payable on October 5, 2015 to shareholders of record as of September 24, 2015. The Company’s Board does not expect the special dividend to affect the payment of the regular quarterly dividends, which remain subject to Board approval.
“Marlin’s strong balance sheet and earnings capacity has put the Company in a position to return excess capital to our shareholders. Together with the Company’s regular quarterly dividend and stock repurchase program, this special dividend further demonstrates our commitment to prudently manage capital and total shareholder return,” said Daniel P. Dyer, Marlin’s co-founder and Chief Executive Officer.
Marlin Business Services Corp., through its partner, Marlin Leasing Corporation, provides commercial lending products and services to small and mid-sized businesses in the United States. The company finances about 100 categories of commercial equipment, such as copiers, computers and software, security systems, telecommunications equipment, and other commercial and industrial equipment.
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