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Monday 3 August 2015
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Pre-Market News Report on: Zulily (NASDAQ:ZU), Glu Mobile (NASDAQ:GLUU), Rovi (NASDAQ:ROVI), TASER International, (NASDAQ:TASR)

On Tuesday, Zulily Inc (NASDAQ:ZU)’s shares inclined 2.59% to $13.45.

Zulily Inc (ZU) was founded five years ago and brought a lot of attention — and wealth — to the region as the online retailer took off and its stock popped. In February 2014, the stock price even crested $72 a share.

But for more than a year now, those early investors have been stuck riding the company’s ups and downs.

Revenue isn’t growing as fast as some investors predictable and one analyst even apologized for ever recommending the company.

That may come as a surprise to people here in the Puget Sound region who has watched the company grow. Zulily was Washington’s fastest-growing public company last year when measured by revenue, one of the first times a retailer has topped that list. Zulily’s revenue raised 262 percent between 2012 and 2014, and hit $1 billion last year.

zulily, inc. operates as an online retailer in the United States, Canada, Australia, the United Kingdom, and internationally. The company provides merchandise to moms purchasing for their children, themselves, and their homes. Its merchandise comprises men’s, women’s, and children’s apparel, accessories, and shoes; children’s merchandise, such as infant gear, sports equipment, toys, and books; and other merchandise comprising kitchen accessories, home décor, entertainment, electronics, pet accessories, and health and beauty products.

Glu Mobile Inc. (NASDAQ:GLUU)’s shares gained 4.27% to $6.10.

Glu Mobile Inc. (GLUU), a leading global developer and publisher of free-to-play games for smartphone and tablet devices, declared that it will report its financial results for the second quarter ended June 30, 2015 after the U.S. markets close on Tuesday, August 4, 2015.

In conjunction with this declarement, Glu will host a conference call on August 4, 2015 at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time) to talk about the company’s financial results. To access this call, dial (866) 582-8907 (domestic), or (760) 298-5046 (international), with conference ID #79332466. A replay of this conference call will be accessible between 4:30 p.m. PT, August 4, 2015 and 8:59 p.m. PT, August 11, 2015 by calling (855) 859-2056, or (404) 537-3406, with conference ID #79332466. A live webcast of this conference call will also be accessible on the investor relations portion of the company’s website at www.glu.com, and a replay will be archived on the website as well.

Glu Mobile Inc. develops, publishes, and markets a portfolio of games for the smartphones and tablet devices users. The company offers free-to-play action, casual, racing, and sports genre mobile games. It creates games based on its own brands, counting Blood & Glory, Contract Killer, Deer Hunter, Diner Dash, Eternity Warriors, Frontline Commando, Gun Bros, Heroes of Destiny, Racing Rivals, and Tap Sports: Baseball, in addition to based on third-party licensed brands, such as Kim Kardashian: Hollywood, Robocop: The Official Game, and Hercules: The Official Game. Glu Mobile Inc. markets, sells, and distributes its games primarily through direct-to-consumer digital storefronts worldwide.

At the end of Tuesday’s trade, Rovi Corporation (NASDAQ:ROVI)‘s shares surged 2.53% to $12.54.

Rovi Corporation (ROVI) declared that Rovi prevailed in an infringement proceeding in Italy. The proceeding was initiated by Card Mania and Italvideo, two consumer electronics companies, alleging that the Italian portions of two European Rovi patents (EP 0969662 and EP 1377049) are invalid and not infringed. Rovi counterclaimed that the patents are valid and infringed.

In May 2015, the Court of Turin in Italy issued its decision that Rovi is entitled to a total combined judgment of about $1,000,000. The Court of Turin had formerly found the asserted patents valid and infringed by Card Mania and Italvideo.

Rovi Corporation provides integrated solutions for the discovery and personalization of digital entertainment to service providers and consumer electronics (CE) industry worldwide. The company offers interactive program guides (IPGs), an interactive listing of television or video program information that enables viewers to navigate through, sort, select, and plan video programming for viewing and recording. It markets IPGs to service providers under i-Guide and Passport brands; and CE industry under the G-GUIDE and HTML Guide brands.

TASER International, Inc. (NASDAQ:TASR), ended its Tuesdays trading session with 1.48% gain, and closed at $30.78.

TASER International (TASR) declared large orders of its Axon body-worn video cameras and Evidence.com solution, a back-end digital evidence administration system. These orders were received in the second quarter of 2015 and shipped in the second quarter or are predictable to ship in the third quarter of 2015.

Large orders were received from the following domestic agencies:

  • Portsmouth Police Department (VA): 220 Axon Flex cameras with five years o f Evidence.com
  • Montgomery County Police Department (MD): 160 Axon Flex and Body cameras with five years of Evidence.com and TASER Assurance Plan (TAP)
  • Ventura Police Department (CA): 90 Axon Body cameras with five years of Evidence.com and TAP
  • Kauai Police Department (HI): 105 Axon Flex cameras with five years of Evidence.com on the Officer Safety Plan
  • Rochester Police Department (MN): 100 Axon Body cameras with three years of Evidence.com
  • Gardena Police Department (CA): 100 Axon Flex cameras with five years of Evidence.com and TAP
  • Pleasanton Police Department (CA): 86 Axon Flex cameras with five years o f Evidence.com and TAP

TASER International, Inc. develops, manufactures, and sells conducted electrical weapons (CEWs) worldwide. It operates through two segments, TASER Weapons and AXON. The company’s CEW products transmit electrical pulses along the wires and into the body affecting the sensory and motor functions of the peripheral nervous system. It offers three hand-held CEW product lines, counting TASER X26P and TASER X2, which integrates with EVIDENCE.com; and TASER X26.

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This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.

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Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

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