On Wednesday, Godaddy Inc (NYSE:GDDY)’s shares inclined 6.87% to $25.21.
GoDaddy, Inc. (GDDY), the world’s largest technology provider dedicated to small businesses, declared the GoDaddy Hot 100, a global list of the top 100 hottest-trending WordPress plugins and themes across GoDaddy’s millions of WordPress installations.
The GoDaddy Hot 100 will be updated weekly to reflect the latest changes in active installs of WordPress plugins and themes across GoDaddy, assisting users and WordPress professionals stay up-to-date with industry trends and the most popular installs.
Developers of GoDaddy Hot 100 plugins are able to access exclusive support via the GoDaddy Pro Program, receive invitations to private events throughout the year and can feature the “GoDaddy Hot 100” plugin or theme badge on their websites. Additionally, GoDaddy Hot 100 plugins will be linked from the GoDaddy website to assist drive additional traffic and showcase their success.
GoDaddy Inc. focuses on the design and development of cloud-based technology products for small businesses, Web design professionals, and individuals. Its products would enable its customers to establish a digital presence, connect with their customers, and manage their business operations.
Sony Corp (ADR)(NYSE:SNE)’s shares gained 3.77% to $24.50.
InterDigital, Inc. (IDCC) declared it is expanding the research scope of its Convida Wireless joint venture with Sony Corporation of America (SNE) to comprise 5G technologies. The company also declared that this agreement comprises a patent license from InterDigital.
Convida Wireless was launched in 2013 as a joint venture to combine Sony’s consumer electronics expertise with InterDigital’s pioneering Internet of Things (IoT) expertise to drive new research in IoT communications and other connectivity areas. With this agreement, Convida Wireless’ focus will also extend to key 5G technologies. Joining Sony and InterDigital as partners in Convida Wireless is Stephens Capital Partners LLC, the principal investing associate of Stephens Inc., a full service investment banking firm headquartered in Little Rock, Arkansas.
Sony Corporation designs, develops, manufactures, and sells electronic equipment, instruments, and devices for consumer, professional, and industrial markets worldwide. It offers LCD televisions; Blu-ray disc players and recorders, home audio, headphones, and memory-based portable audio devices; compact digital, interchangeable single-lens, and video cameras; professional solutions, such as broadcast- and professional-use products; and personal computers.
At the end of Wednesday’s trade, Principal Financial Group Inc (NYSE:PFG)‘s shares surged 1.18% to $47.34.
Between 2013 and 2015, the number of investors indicating they would use multi-asset class funds in the subsequent three years raised significantly across multiple investor types. This according to the findings detailed in a paper released recently by CREATE-Research and commissioned by the Principal Financial Group®.
The paper Asset Allocation: Survival of the Fleetest, analyzes data from the 2013-2015 CREATE-Research surveys, with a focus on asset allocation investment trends in the defined benefit, defined contribution, retail, and high net worth investor classes. While the search for yield is nothing new, it has intensified significantly in the two years analyzed. Investors are abandoning their asset class preference for a multi-asset approach that chases short-term opportunities in the face of valuation-distorting quantitative easing programs in the United States, Europe and Japan.
Findings by investor type show:
- Defined benefitplans have increasingly favored infrastructure and real estate (for capital growth, inflation protection and regular income), traditional passive funds, global equities, low-variance equities and alternative credit (for high yield). During the same time, bonds and emerging market equities and bonds have fallen out of favor.
- Defined contributionplans have moved toward advice-embedded products and increasingly favor diversified income and diversified growth funds; target-income, target-date and target-risk retirement funds, and passive equity/bond funds; while actively managed equities and bonds showed a decline.
- Retail investorsare transitioning to solutions-driven investing and have increasingly favored multi-asset class funds and passive equity/bond funds; while capital protection funds, actively managed equities/bonds and mutual funds have lost favor.
Principal Financial Group, Inc. provides retirement, asset administration, and insurance products and services. It operates through Retirement and Investor Services, Principal Global Investors, Principal International, and U.S. Insurance Solutions segments.
Wyndham Worldwide Corporation (NYSE:WYN), ended its Wednesday’s trading session with 2.45% gain, and closed at $71.90.
Avis Budget Group and Wyndham Hotel Group declared the signing of a multi-year partnership agreement, making Avis Car Rental and Budget Car Rental exclusive partners of the newly re-imagined Wyndham Rewards(R) loyalty program. The new agreement expands the existing relationship between the two companies.
Wyndham Rewards members now earn double the points formerly earned per day on eligible Avis and Budget rentals — 100 points daily — while receiving greater access to money-saving offers. Members also have the option of converting Wyndham Rewards points to rental certificates, starting with as few as 6,500 points.
Wyndham Worldwide Corporation provides hospitality services and products to individual consumers and business customers worldwide. It operates three in segments: Lodging, Vacation Exchange, and Rentals, and Vacation Ownership.
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