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Wednesday 9 September 2015
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Investor’s Alert - TiVo Inc. (NASDAQ:TIVO), DHT Holdings Inc (NYSE:DHT), Veeva Systems Inc (NYSE:VEEV)

On Friday, Shares of TiVo Inc. (NASDAQ:TIVO), lost -1.67% to $8.85.

TiVo Inc., declared Cox’s On DEMAND content is now available for joint subscribers using TiVo Roamio and TiVo Premiere DVRs.

Cox’s robust On DEMAND library of more than 18,000 movies and shows will now be seamlessly integrated with Cox TV channels and the popular streaming apps1 available through TiVo, allowing consumers to access find and search for their favorite content all through one user experience. The offering will start to roll out recently via a software update, reaching the entirety of Cox’s digital footprint by the end of 2015. Customers with Advanced TV and Essential Internet or higher will have access to VOD content.

“Cox’s commitment to open their VOD catalog to TiVo provides users the opportunity to utilize the simple and intuitive TiVo experience to enjoy a broad library of operator content, popular streaming apps like Netflix, Amazon and Vudu, and more on whatever platform they choose,” said Ira Bahr, TiVo’s Chief Marketing and Retail Sales Officer. “Working with Cox, we are able to provide a solution for making their vast library of On Demand content available and combine it with the best of popular streaming apps to deliver a tremendous volume of great content for viewers.”

TiVo Inc. provides television software services and cloud-based software-as-a-service solutions that enable to view video content through various screens. It offers whole-home solutions that comprise 4-Tuner and 6-Tuner digital video recorders (DVRs)/gateways, non-DVR IP set-top boxes (STBs), and software to enable streaming to application on third-party devices, such as iOS and Android mobile phones and tablets through features, such as What to Watch Now, OnePass, integrated search, access to broadband video content, and TiVo online/mobile scheduling.

Shares of DHT Holdings Inc (NYSE:DHT), declined -0.13% to $7.42, during its last trading session.

DHT Holdings declared that it has designated Joseph H. Pyne to its board of directors. The appointment of Mr. Pyne as a director expands the board from three to four independent directors. Mr. Erik Lind, Chairman of DHT says: “We are very happy to have Joe join the DHT board of directors. His commercial and operational experience and longstanding insight into the US capital markets are all predictable to significantly augment the workings of the board to the benefit of DHT”

Mr. Pyne, age 67, is the Executive Chairman of Kirby Corporation and served as the Chief Executive Officer of the company from 1995 to April 29, 2014. Mr. Pyne served as Executive Vice President from 1992 to 1995 and served as President of Kirby Inland Marine, LP, Kirby Corp.’s principal transportation partner, from 1984 to November 1999. He served at Northrop Services, Inc. and served as an Officer in the Navy. He has been Executive Chairman of Kirby Corporation since April 2013 and its Director since 1988. He served as a Member of Advisory Board at Ocean Energy Institute. Mr. Pyne holds a degree in Liberal Arts from the University of North Carolina. Mr. Pyne is a resident and citizen of the US.

DHT Holdings, Inc. operates crude oil tankers in Bermuda. As of March 10, 2015, its fleet compriseed of 18 crude oil tankers, counting 14 very large crude carriers, 2 Suezmax tankers, and 2 Aframax tankers. The company was incorporated in 2005 and is headquartered in Hamilton, Bermuda.

Finally, Veeva Systems Inc (NYSE:VEEV), ended its last trade with 0.61% gain, and closed at $24.76.

Veeva Systems Inc., declared results for its fiscal second quarter ended July 31, 2015.

“Our consistent execution and focus on customer success is driving strong growth,” said CEO Peter Gassner. “The life sciences industry’s transition to the cloud is gaining momentum and extending across a broader range of business functions. We believe our expanding industry cloud solutions portfolio positions us well for the large opportunity ahead.”

Fiscal 2016 Second Quarter Results:

  • Revenues: Total revenues for the second quarter were $98.1 million, up from $75.7 million one year ago, an improvement of 30% year-over-year. Subscription services revenues for the second quarter were $75.3 million, up from $56.6 million one year ago, an improvement of 33% year-over-year.
  • Operating income and non-GAAP operating income: Second quarter operating income was $22.4 million; contrast to $16.8 million one year ago, an improvement of 33% year-over-year. Non-GAAP operating income for the second quarter was $28.7 million, contrast to $20.8 million one year ago, and an improvement of 38% year-over-year.
  • Net income and non-GAAP net income: Second quarter net income was $13.4 million, contrast to $9.6 million one year ago, and an improvement of 40% year-over-year. Non-GAAP net income for the second quarter was $18.2 million, contrast to $12.4 million one year ago, and an improvement of 47% year-over-year.
  • Net income per share and non-GAAP net income per share: For the second quarter, fully diluted net income per share was $0.09, contrast to $0.07 one year ago, while non-GAAP fully diluted net income per share was $0.13, contrast to $0.09 one year ago.

Veeva Systems Inc. provides cloud-based software solutions for the life sciences industry in North America, Europe, the Asia Pacific, and Latin America. Its solutions comprise Veeva CRM, a customer relationship administration solution that allows pharmaceutical and biotechnology companies to market and sell compliantly to physicians, other healthcare professionals, and healthcare organizations through multiple touch points, counting face-to-face, email, and online; and Veeva Vault, a cloud-based content administration and partnershipsolution for its customers to manage content-centric processes in various departments within a life sciences company, counting clinical trials, regulatory submissions, quality administration, manufacturing, medical, sales, and marketing.

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