On Friday, Microsoft Corporation (NASDAQ:MSFT)’s shares inclined 10.08% to $52.87.
Dell and Microsoft Corp. declared a new cloud solution and program that enable organizations of all sizes to use the Microsoft cloud platform to transform their business. A new, Microsoft Azure-comprising, integrated system for hybrid cloud and extended program offerings will assist more customers benefit from Azure and Dell to drive greater agility and raised time to value, whether they choose on-premises or public cloud solutions.
Microsoft and Dell deliver a new Azure-comprising integrated system for hybrid cloud
Customers are increasingly turning to hybrid cloud as a way to achieve the agility and cost-savings of the cloud while maintaining control of their assets. Extending their commitment to deliver simple yet powerful hybrid solutions, Microsoft and Dell declared Cloud Platform System Standard (CPS Standard), the newest addition to the Microsoft Cloud Platform System (CPS) family. CPS is the industry’s only integrated system with a true hybrid cloud experience, built on optimized Dell modular infrastructure with pre-configured Microsoft CPS software, counting the proven Microsoft software stack and popular Azure services.
Microsoft Corporation, a technology company, develops, licenses, and supports software products, services, and devices worldwide. The company’s Devices and Consumer (D&C) Licensing segment licenses Windows operating system and related software; Microsoft Office for consumers; and Windows Phone operating system.
The Coca-Cola Co (NYSE:KO)’s shares dropped -1.02% to $42.80.
The Coca-Cola Company declared that Kathy Waller, Executive Vice President and Chief Financial Officer, and Sandy Douglas, Executive Vice President and President Coca-Cola North America, will present at 9:20 a.m. EST, Tuesday, Nov. 17, 2015 during the Morgan Stanley Global Consumer and Retail Conference being held in New York.
The Company invites investors to listen to the live audiocast of the presentation at its website, www.coca-colacompany.com/investors. A replay in downloadable MP3 format will also be accessible within 24 hours after the audiocast on the Company’s website.
The Coca-Cola Company, a beverage company, manufactures and distributes various nonalcoholic beverages worldwide. The company primarily offers sparkling beverages and still beverages.
At the end of Friday’s trade, Fiat Chrysler Automobiles NV (NYSE:FCAU)‘s shares surged 0.85% to $15.37.
Fiat Chrysler Automobiles N.V. (NYSE: FCAU) and its partner Ferrari N.V. (RACE) (“Ferrari”) declared recently that the underwriters in Ferrari’s initial public offering have exercised in full the option to purchase 1,717,150 common shares of Ferrari from FCA at the initial public offering price of $52 per share less underwriting discounts. With the exercise of this option, the total offering will comprise of 18,892,150 Ferrari shares and gross proceeds to FCA of $982.4 million.
The common shares of Ferrari began trading on the New York Stock Exchange on October 21, 2015 under the symbol “RACE” and the offering is predictable to settle on October 26, 2015. Following completion of the offering, FCA anticipates to distribute its remaining ownership interest in Ferrari to FCA shareholders at the starting of 2016.
UBS Investment Bank is acting as Global Coordinator for the offering. UBS Investment Bank and BofA Merrill Lynch are serving as bookrunners and representatives of the underwriters for the offering. Allen & Company LLC, Banco Santander, BNP Paribas, J.P. Morgan and Mediobanca are also acting as bookrunners for the offering.
Fiat Chrysler Automobiles N.V., an automotive group, designs, engineers, manufactures, distributes, and sells vehicles and components. It offers passenger cars, light trucks, and light commercial vehicles under the Abarth, Alfa Romeo, Chrysler, Dodge, Fiat, Fiat Professional, Jeep, Lancia, and Ram brand names, in addition to after-sales services and parts under the Mopar brand name.