On Friday, Informatica Corporation (NASDAQ:INFA)’s shares declined -0.08% to $48.46.
Informat ica Corporation (INFA) declared the availability of the2015 State of Data Security Intelligence study, an extensive global research report issued annually by the PonemonInstitute LLC. Based on a global survey of nearly 1,700 IT and ITsecurity professionals, the study reveals how organizations are using data security intelligence to assess and minimize risks to their sensitive and confidential information on premise and in the cloud.
According to the 2015 study:
- Not knowing where sensitive or confidential data resides is an increasing concern of IT practitioners worldwide, with the inability to understand the extent of data risk endemic in most organizations (80 percent).
- Sensitive and confidential data is considered more at riskin the cloud, yet only a third of survey respondents possessan automated solution for discovering and monitoring their sensitive cloud-based data.
Key Survey Findings
- Data Security Concerns are Escalating-As sensitive and confidential data proliferates everywhere, IT professionals are increasingly losing sleep. According to the Informatica-sponsored Ponemon survey, 64 percent of respondents say that not knowing where sensitive data resides is their biggest worry, up from 57 percent in Pokémon’s 2014 survey.Fifty-five percent say that they worry about temporary worker or contractor mistakes, up from 50 percent in 2014. Additionally, 48percent stress over third party’s or outsourcer’s administration of data (counting cloud), up from 42 percent.
- The Cloud is a Culprit, but Lags in Protection Investment and Confidence- On average, 34 percent of an organization’s sensitive data in the cloud is considered at risk, contrast to 24percent of sensitive data kept on premise. Nonetheless, organizations are investing less in protecting their cloud data with automated solutions: 62 percent of respondents have an automated solution for discovering sensitive data in databases and applications and assessing risk on premise, contrast to just 33percent for their data in the cloud. It is no surprise then that 52percent of organizations are confident in their ability to safeguard on-premise data, as compared to 40 percent in regard to data inthe cloud.
Informatica Corporation provides enterprise data integration software and services worldwide. Its enterprise data integration products comprise PowerCenter, PowerExchange, and Data Integration Hub, in addition to PowerCenter Express, an entry-level data integration and profiling edition for departments or small to mid-market business, and cloud data integration solutions.
Crown Castle International Corp (NYSE:CCI)’s shares dropped -0.35% to $82.70.
Crown Castle International Corp (CCI) declared that its Board of Directors has declared a quarterly cash dividend of $0.82 per common share. The quarterly dividend will be payable on June 30, 2015 to common stockholders of record at the close of business on June 19, 2015. Future dividends are subject to the approval of the Company’s Board of Directors.
Crown Castle International Corp., together with its auxiliaries, owns, operates, and leases shared wireless infrastructure in the United States and Australia. The company provides towers and other structures, such as rooftops; and distributed antenna systems, a type of small cell network (small cells).
At the end of Friday’s trade, Berry Plastics Group Inc (NYSE:BERY)‘s shares dipped -0.27% to $33.74.
Berry Plastics Group Inc (BERY) declared recently that Berry Plastics Corporation (the “Issuer”), Berry Group’s wholly owned partner, issued $700,000,000 in aggregate principal amount of 5.125 percent Second Priority Senior Secured Notes due 2023 following an indenture, dated as of June 5, 2015, by and among the Issuer, the guarantors named therein and U.S. Bank National Association, as trustee.
In addition, following a formerly declared cash tender offer and consent solicitation (the “Offer”) by the Issuer, with respect to any and all of the Issuer’s outstanding 9.75 percent Second Priority Senior Secured Notes due 2021 (the “Notes”) issued under an indenture dated as of November 19, 2010 (the “Indenture”), about 63 percent of the outstanding Notes had been tendered as of 5 p.m., New York City time, on June 4, 2015, the expiration of the consent payment deadline (the “Consent Date”). The consents received exceeded the number needed to approve the projected amendments (the “Projected Amendments”) to the Indenture and the Issuer has elected to exercise its right to accept for early payment all of the Notes validly tendered prior to the Consent Date. Each of the holders who validly tendered its Notes and delivered consents prior to the Consent Date will receive the total consideration of $1,102.50, which comprises $1,072.50 as the tender offer consideration and $30.00 as a consent payment. In addition, accrued interest up to, but not counting, the applicable payment date of the Notes will be paid in cash on all validly tendered and accepted Notes. The Issuer presently anticipates these payments will be made on June 5, 2015. The complete terms and conditions of the tender offer and consent solicitation for the Notes are detailed in the Offer to Purchase and Consent Solicitation Statement dated May 21, 2015 and the related Consent and Letter of Transmittal (the “Tender Offer Documents”).
Berry Plastics Group, Inc. manufactures and distributes plastic consumer packaging and engineered materials in North America and internationally. The company operates through four segments: Rigid Open Top, Rigid Closed Top, Engineered Materials, and Flexible Packaging. It offers rigid packaging products, counting containers; foodservice items, which comprise thermoformed polypropylene and injection-molded plastic drink cups; closures and overcaps; bottle and prescription containers, such as polyethylene and polyethylene terephthalate bottles, in addition to decorated bottles; and tubes.
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