On Tuesday, Shares of TASER International Inc. (NASDAQ:TASR), gained 2.67% to $34.60, hitting its highest level.
TASER International, declared it has signed a definitive agreement to acquire MediaSolv Solutions Corp., a leading solution for interview room video, CCTV, in-car and on premises digital evidence administration. MediaSolv’s product suite will be connected to TASER’s Axon and EVIDENCE.com platform, further enabling law enforcement to unify existing silos of digital media and evidence into a seamless workflow from capture to the courtroom. The combination will offer MediaSolv’s existing customers improved administration, storage, and sharing capabilities through the EVIDENCE.com cloud platform, while simultaneously enhancing and expanding TASER’s existing portfolio of products and services.
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.
At the end of Tuesday’s trade, Shares of Ensco plc (NYSE:ESV), jumped 2.65% to $27.51.
Ensco, declared that it has reached a three-year contract with NDC for a new premium jackup, ENSCO 110. This newbuild rig is planned to commence operations later this month offshore United Arab Emirates at a rate of about $114,000 per day.
NDC has also contracted ENSCO 104 for a three-year term at a day rate of $114,000. The rig is mobilizing to the Middle East from the Asia Pacific region and is planned to commence its new contract in late-June 2015.
Chief Executive Officer Carl Trowell commented, “We are happy to extend our relationship with NDC. The Middle East is the largest market for premium jackups, and we continue to invest in new rig technology for the benefit of customers. In addition to ENSCO 110, two more high-specification jackups, ENSCO 140 and ENSCO 141, are planned for delivery in 2016 from Lamprell’s shipyard in the United Arab Emirates.”
Ensco plc provides offshore contract drilling services to the oil and gas industry worldwide. The company operates through three segments: Floaters, Jackups, and Other. The company owns and operates offshore drilling rig fleet of 70 rigs, counting 10 drillships, 13 semisubmersible rigs, 5 moored semisubmersible rigs, and 42 jackup rigs located in North and South America, the Middle East and Africa, the Asia Pacific rim, Europe and the Mediterranean, and Brazil.
XPO Logistics, Inc. (NYSE:XPO), ended its last trade with 2.65% gain, and closed at $49.23.
XPO Logistics, declared financial results for the first quarter of 2015. Total gross revenue raised 148.9% year-over-year to $703.0 million, and net revenue raised 349.0% to $262.2 million.
The company stated a net loss of $14.7 million for the quarter, contrast with a net loss of $28.3 million for the same period in 2014. The net loss accessible to common shareholders was $15.4 million, or a loss of $0.20 per diluted share, contrast with a net loss accessible to common shareholders of $29.1 million, or a loss of $0.70 per diluted share, for the same period in 2014.
The adjusted net loss accessible to common shareholders, a non-GAAP measure, was $9.9 million, or a loss of $0.13 per share for the quarter, not taking into account the items detailed below. This compares to an adjusted net loss accessible to common shareholders of $16.7 million, or a loss of $0.40 per share, for the first quarter of 2014.
Adjusted net loss accessible to common shareholders for the first quarter of 2015 excludes: $6.5 million, or $4.8 million after-tax, of costs related to the conversion of the company`s convertible senior notes; $0.6 million, or $0.4 million after-tax, of transaction and integration costs; and $0.5 million, or $0.3 million after-tax, of accelerated amortization of trade names related to the rebranding to XPO Logistics.
Adjusted earnings before interest, taxes, depreciation and amortization (“adjusted EBITDA”), a non-GAAP financial measure, improved to $29.2 million for the quarter, contrast with $0.6 million for the same period in 2014. Adjusted EBITDA in the first quarter of 2015 excludes $0.6 million of transaction and integration costs and comprises $2.3 million of non-cash share-based compensation.
XPO Logistics, Inc. provides transportation and logistics services primarily in the United States. The company operates through two segments, Transportation and Logistics. The Transportation segment provides truckload, less-than truckload and intermodal brokerage, and last-mile delivery logistics services under the brands XPO Logistics, XPO Last Mile, and Pacer; and time-critical, time-sensitive, or high priority freight shipment services under the brand names XPO Express, XPO NLM, and XPO Air Charter.
Finally, Dot Hill Systems Corp. (NASDAQ:HILL), closed at $6.61, with 2.64% gain, hitting its highest level.
Dot Hill Systems, declared it has signed a contract with Arrow Electronics, Inc.
Arrow’s OEM Computing Solutions business will utilize Dot Hill AssuredSAN(R) OEM storage systems within their OEM solutions throughout Europe, the Middle East and Africa (EMEA), significantly expanding Dot Hill’s reach to systems integrators that architect solutions to key vertical market customers. Arrow will offer Dot Hill’s full line of AssuredSAN storage arrays, counting the company’s 3004, 4004 and 6004 models.
Arrow has a unique combination of suppliers that complement Dot Hill’s OEM storage line. With a combination of value-added services, logistics, engineering services, finance models and integration facilities in seven regions, Arrow’s OEM Computing Solutions business provides OEMs and systems integrators with access to complete solutions.
With fully redundant and hot-swappable components, Dot Hill AssuredSAN storage solutions provide easy serviceability, resulting in lower support costs throughout the life of the product. Backed by an industry-best 37-month “bumper-to-bumper” warranty, AssuredSAN storage solutions are accessible with the latest high-bandwidth interfaces, counting 12Gb SAS, 16Gb Fibre Channel, 10Gb iSCSI or dual personality 16Gb Fibre Channel/10Gb iSCSI.
All highly reliable AssuredSAN systems deliver proven 99.999 percent availability and feature platinum-rated power supplies. AssuredSAN arrays meet both NEBS Level 3 carrier and MIL-STD government requirements. In the telecommunications market segment, NEBS equipment is required to meet carrier grade environmental standards for the highest possible reliability and availability.
Dot Hill Systems Corp. designs, manufactures, and markets a range of software and hardware storage systems for the entry and mid-range storage markets worldwide. Its storage solutions comprise of integrated hardware, firmware, and software products employing a modular system that allows end-users to add various protocol, performance, capacity, or data protection schemes.
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