On Thursday, International Business Machines Corp. (NYSE:IBM)’s shares declined -0.01% to $168.90.
International Business Machines Corp. (IBM) declared that Honest Cafe, a new type of “unmanned” coffee house in London, is using Watson Analytics to unearth client insights to assist determine everything from coffee products and pricing, to marketing and promotions.
Honest Cafe is a new venture from Revive Vending, one of the leading vending service providers in the UK, designed to encourage healthy eating and social engagement.
Unique to the Honest Cafe plan is staffing: the three cafes presently in operation, and four more planned, are all unmanned. Instead, the company deploys and positions high-end vending machines at the Honest Cafe locations. The cafes offer a mix of health-conscious snacks, locally-sourced and low-calorie organic options, juices, fruit teas, flavored popcorn, baked vegetable snacks, and Fair Trade hot drinks.
International Business Machines Corporation provides information technology (IT) products and services worldwide. The company’s Global Technology Services segment provides IT infrastructure and business process services, such as outsourcing, processing, integrated technology, cloud, and technology support. Its Global Business Services segment offers consulting and systems integration services for strategy and transformation, application innovation services, enterprise applications, and smarter analytics; and application administration, maintenance, and support services.
Ciena Corporation (NYSE:CIEN)’s shares gained 1.19% to $25.49.
Ciena Corporation (CIEN) stated second-quarter fiscal 2015 results with both earnings and revenues beating the respective Zacks Consensus Estimate and improving upon the year-ago figures. We believe that the increasing spending on optical upgrades, higher number of orders from international customers, the company’s Tier 1 contract wins and strong backlog are the positives. A robust cash position and cost-cutting initiatives are the other growth drivers.
The Zacks Rank #1 (Strong Buy) company’s revenues gained from strong demand for packet-optical transport and switching products, integrated network and service administration software. The company significantly expanded its target market by growing its footprint in data-center connectivity and software orientation. This has improved its reach into the broader end-to-end optical and data-equipment market.
Ciena Corporation provides equipment, software, and services that support the transport, switching, aggregation, service delivery, and administration of voice, video, and data traffic on communications networks worldwide. The company’s Converged Packet Optical segment offers networking solutions optimized for the convergence of coherent optical transport, OTN switching, and packet switching. Its products comprise the 6500 Packet-Optical Platform, 5430 Reconfigurable Switching System, CoreDirector Multiservice Optical Switches, and OTN configuration for the 5410 Reconfigurable Switching System.
At the end of Thursday’s trade, Oculus Innovative Sciences, Inc. (NASDAQ:OCLS)‘s shares surged 15.33% to $1.73.
Oculus Innovative Sciences, Inc. (OCLS) declared financial results for the fourth quarter of fiscal year 2015, which ended on March 31, 2015. Total revenue was $4.0 million for the fourth quarter as contrast to $2.9 million for the same period in 2014. Product revenues were up 41% from the same period last year, driven by enhances in Mexico, Europe, the United States, the Middle East and Singapore, partially offset by decreases in product royalty revenue in the United States for animal healthcare products.
Results for the Three Months Ended March 31, 2015
Product revenue in Mexico for the three months ended March 31, 2015, of $1.7 million, raised $837,000, or 96%, when contrast to the same period in the prior year. During the current quarter Oculus’ partner, More Pharma, was purchased by a significantly larger company, Laboratorios Sanfer (“Sanfer”), and Sanfer has stocked the products in a number of additional pharmacies, causing a strong growth in the number of units sold. Separately, for the three months ended March 31, 2015 and 2014, the product licensing revenue was $369,000 and $372,000, respectively, related to the amortization of upfront license fees paid by More Pharma.
Revenue in Europe and the Rest of the World for the three months ended March 31, 2015, was $932,000, with an enhance of $329,000, or 55%, as contrast to the same period in the prior year, with enhances in Europe, Middle East and Singapore, partly offset by a decrease in India. The enhance in Europe is largely the result of multiple new advanced tissue care product line extensions in addition to the addition of new European distributors. Sales raised in the Middle East by $337,000 as a result of winning government bids and the timing of periodic orders.
Oculus Innovative Sciences, Inc. designs, produces, and markets prescription and non-prescription products based on its Microcyn platform technology for the dermatology, surgical, advanced wound and tissue care, and animal healthcare markets in the United States, Mexico, Europe, and internationally.
Mastercard Inc (NYSE:MA), ended its Thursday’s trading session with 0.35% gain, and closed at $94.50.
Mastercard Inc (MA) declared the results of its annual meeting of stockholders, held yesterday at the company’s worldwide headquarters.
At the meeting:
- The full slate of 13 directors was elected for a one-year term, to expire at the next annual meeting of stockholders
- The compensation for MasterCard’s executive officers was approved on an advisory basis
- MasterCard’s Amended and Restated Senior Executive Annual Incentive Plan was approved
- The appointment of PricewaterhouseCoopers, LLP as the company’s independent registered public accounting firm for 2015 was ratified
MasterCard’s Board of Directors also declared a cash dividend of $0.16 per share, payable on August 10, 2015, to holders of record of its Class A common stock and Class B common stock as of July 9, 2015.
MasterCard Incorporated, a technology company, provides transaction processing and other payment-related products and services in the United States and internationally. The company facilitates the processing of payment transactions, counting authorization, clearing, and settlement, in addition to delivers related products and services. It also offers value-added services, such as loyalty and reward programs, and information and consulting services.
DISCLAIMER:
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.
All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.
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.
Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified through the use of such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should might occur.
