On Wednesday, Cognizant Technology Solutions Corp (NASDAQ:CTSH)’s shares inclined 0.15% to $65.70.
Cognizant Technology Solutions Corp (CTSH) declared that Lumenis Ltd. (LMNS), the world’s largest energy-based medical device company for aesthetic, surgical and ophthalmology applications, has deployed Cognizant MedVantage™, a cloud-based integrated complaint handling solution.
Lumenis’ ground-breaking products using laser, intense pulsed light (IPL) and radio frequency (RF) technologies have redefined medical treatments and set numerous technological and clinical benchmarks and standards. By utilizing Cognizant’s MedVantage™ Complaint Administration Solution, device and other issues are automatically and precisely tracked, classified and maintained online from start to finish for improved service, efficiency and reporting.
Cognizant Technology Solutions Corporation provides information technology (IT), consulting, and business process services worldwide. The company operates through four segments: Financial Services, Healthcare, Manufacturing/Retail/Logistics, and Other. Its consulting and technology services comprise IT strategy consulting, program administration consulting, operations improvement consulting, strategy consulting, and business consulting services; and application design and development, systems integration, enterprise resource planning, and customer relationship administration implementation services.
Glu Mobile Inc. (NASDAQ:GLUU)’s shares gained 2.30% to $6.68.
Glu Mobile Inc. (GLUU) declared that it has closed the second tranche of its formerly declared planned investment from Tencent Holdings Limited (Tencent, SEHK: 00700).
Tencent agreed to purchase from Glu an aggregate of 21 million shares of Glu’s common stock at a price of US$6.00 per share, with Tencent purchasing the initial 12.5 million shares on April 29, 2015. Tencent committed to purchase the remaining 8.5 million shares upon the expiration or termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act, which occurred on May 26, 2015. Accordingly, Tencent recently purchased 8.5 million shares of Glu common stock for aggregate proceeds of $51 million. Following recently’s second closing, Glu has a pro forma cash balance of about $190 million, based on Glu’s cash balance as of March 31, 2015.
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 Wednesday’s trade, Keurig Green Mountain Inc (NASDAQ:GMCR)‘s shares dipped -1.15% to $84.36.
Dunkin’ Brands Group, Inc., (DNKN), The J.M. Smucker Company (SJM) and Keurig Green Mountain, Inc. (Keurig) (GMCR) declared that Dunkin’ K-Cup®* pods are now accessible for sale at thousands of retailers nationwide for the first time. As part of a contract between the three companies first declared in February, Smucker will distribute and market Dunkin’ K-Cup® pods exclusively to grocery chains, mass merchandisers, club stores, drug stores, dollar stores and home improvement stores. Keurig will distribute and market Dunkin’ K-Cup® pods exclusively to specialty stores such as Bed Bath & Beyond, Kohl’s and Macy’s, in addition to office supply retailers such as Staples and Office Depot startning this summer.
Dunkin’ K-Cup® pods are also now accessible for sale online at OnlineStore.Smucker.com and Keurig.com, in addition to DunkinDonuts.com. The Dunkin’ K-Cup® varieties accessible online and in grocery, mass merchandise, club, drug and other retailers nationwide comprise Original Blend, Decaf, Hazelnut, French Vanilla and Chocolate Glazed Donut.
A coupon for $1.50 off the purchase of any two packages of Dunkin’ K-Cup® pods or packaged coffee at grocery stores and other retailers nationwide will be accessible in select Sunday newspapers on June 14, 2015.
Keurig Green Mountain, Inc. produces and sells specialty coffee, coffeemakers, teas, and other beverages in the United States and Canada. It sources, produces, and sells coffee, hot cocoa, teas, and other beverages under various brands in K-Cup, Vue, Rivo, K-Carafe, and Bolt portion packs brands; and coffee in traditional packaging, counting bags and fractional packs, in addition to offers whole bean and ground coffee in bags, fractional packages, and cans.
Colgate-Palmolive Company (NYSE:CL), ended its Wednesday’s trading session with -0.22% loss, and closed at $66.57.
Colgate-Palmolive Company (CL)’s Franck Moison, Chief Operating Officer, Emerging Markets & Business Development, will present on Tuesday, June 9, 2015 at the Deutsche Bank Global Consumer Conference in Paris at 12:00 p.m. (6:00 a.m. ET).
Colgate-Palmolive Company, together with its auxiliaries, manufactures and markets consumer products worldwide. It operates in two segments: Oral, Personal and Home Care; and Pet Nutrition. It offers oral care products, counting toothpastes, toothbrushes, and mouthwashes, in addition to pharmaceutical products for dentists and other oral health professionals; personal care products comprising liquid hand soaps, shower gels, bar soaps, deodorants, antiperspirants, shampoos, and conditioners; and home care products, such as dishwashing liquids, laundry and dishwashing detergents, household cleaners, oil soaps, bleaches, fabric conditioners, and other products.
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