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Friday 3 July 2015
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Pre- Market News Review: Big Lots, (NYSE:BIG), Equinix (NASDAQ:EQIX), Oil States International, (NYSE:OIS), Nimble Storage (NYSE:NMBL)

On Friday, Big Lots, Inc. (NYSE:BIG)’s shares inclined 0.09% to $46.26.

Big Lots declared the launch of Big Lots Latino, a new Spanish language information hub for Hispanic customers. Big Lots Latino, which provides culturally relevant information counting tips and ideas on home decor, beauty & health, food & recipes, and crafts, is just one additional way the Company is diversifying its multicultural outreach to this rapidly growing segment of the U.S. population.

In addition, Big Lots recently expanded its social media presence with Spanish language pages on Facebook and Twitter. The Company is proud to work with leading Latina bloggers like Kathy Cano-Murillo of Crafty Chica, Pattie Cordova of Living Mi Vida Loca, and Rocio Chavez of Your Sassy Self to provide insights on the latest trends in DIY projects.

Customers can visit the following sites for more information:

In addition, Big Lots can also be found on Pinterest, YouTube and Instagram for more images, ideas, and information on its product offerings that comprise food, consumables, furniture, seasonal, soft home, hard home, and electronics accessories.

Big Lots, Inc., through its auxiliaries, operates as a non-traditional, discount retailer in the United States. The company offers products under various merchandising categories, such as food category that comprises beverage and grocery, candy and snacks, and specialty foods departments; consumables category, which comprises health and beauty, plastics, paper, chemical, and pet departments; soft home category that comprises of fashion bedding, utility bedding, bath, window, decorative textile, and area rugs departments; hard home category, counting small appliances, table top, food preparation, stationery, greeting cards, tools, paint, and home maintenance departments; and furniture and home décor category compriseing of upholstery, mattress, ready-to-assemble, case goods, home décor, and frames departments.

Equinix Inc (NASDAQ:EQIX)’s shares gained 0.89% to $258.87.

Equinix, Inc. (EQIX), the global interconnection and data center company, declared that Eric Schwartz, president, EMEA, will be speaking at the Nasdaq 32nd Investor Program. The presentation is planned to take place on Tuesday, June 30, 2015 at 1:15pm BST at the May Fair Hotel in London.

Equinix, Inc. is a publicly owned real estate investment trust. It provides data center services to protect and connect the information assets for the enterprises, financial services companies, and content and network providers primarily in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific.

At the end of Friday’s trade, Oil States International, Inc. (NYSE:OIS)‘s shares surged 0.37% to $38.39.

Oil States International, Inc. (OIS) stated that a combination of factors, counting the continued decrease in the U.S. land drilling rig count, certain customers drilling wells but electing not to complete them, reduced pricing for certain completion service offerings and the recent heavy rainfall across Texas and Oklahoma have negatively influenced results for its well site services segment during the second quarter of 2015. These factors have caused Oil States to revise its second quarter 2015 guidance lower for its well site services segment. Revenues for the segment are now predictable to range from $85 million to $90 million with EBITDA margins averaging 13% to 14%. This compares to prior second quarter guidance given on April 30, 2015 for well site services revenues of $110 million to $120 million with EBITDA margins averaging 19% to 21%.

Oil States International, Inc., through its auxiliaries, provides specialty products and services to oil and natural gas companies worldwide. It operates through two segments, Offshore Products and Well Site Services. The Offshore Products segment designs, manufactures, fabricates, inspects, assembles, repairs, tests, and markets subsea equipment and offshore vessel and rig equipment. Its products and services comprise flexible bearings and connection systems; casing and conductor connections and pipes; subsea pipeline products; compact ball valves, manifold system components, and diverter valves; marine winches, mooring systems, cranes, and other heavy-lift rig equipment; production, workover, completion, and drilling riser systems and their related repair services; blowout preventer stack assembly, integration, testing, and repair services; and other products and services.

Nimble Storage Inc (NYSE:NMBL), ended its Friday’s trading session with -2.44% loss, and closed at $29.59.

Nimble Storage Inc (NMBL) the flash storage solutions company, declared that Grant Street Group has selected the Nimble Adaptive Flash Platform to replace its storage environment that comprised of legacy storage together with an all-flash system. As a result of deploying Nimble’s CS200 and CS700 Series arrays, the Group has realized the performance required to support a mix of workloads, ranging from large-capacity/slow-performance applications to extremely low latency/high-I/O applications, all on a single platform. In addition, the Group was able to reduce its data center footprint by 50%, and gained the ability to proactively monitor and manage its storage environment.

Grant Street Group develops and administers web sites used by US government entities and financial institutions to conduct auctions and process high-volume, complex financial transactions over the cloud. Utilizing a software-as-a-service (SaaS) model, the Group provides its clients with access to the latest technologies from any location with Internet access, resulting in saved time, money, and staff resources. The Group’s IT team formerly relied on storage solutions from several vendors to support its mixed workload environment, but was unable to find the right combination of products to support the company’s complex environment. The Group’s legacy storage system didn’t provide sufficient performance or capacity, and lacked redundancy; and the all-flash system offered high performance, but was unreliable and expensive.

Nimble Storage, Inc. provides flash-optimized storage platforms. The company’s software and storage systems handle various mainstream applications, counting virtual desktops, databases, email, collaboration, and analytics. It offers systems that provide adaptive performance for high-I/O applications and high-capacity environments, counting Exchange, Oracle, SharePoint, SQL Server, virtual desktop infrastructure, and server virtualization.

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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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