During Friday’s current trade, Oceaneering International, Inc. (NYSE:OII)’s shares gained 0.42%, and is now trading at $57, as on April 2, Oceaneering declared that it has closed the formerly declared definitive contract to attain C & C Technologies, Inc., a global provider of survey and satellite-based positioning services.
Subject to customary post-closing working capital adjustments, the attainment price of about $230 million was paid in cash.
Oceaneering is a global provider of engineered services and products, primarily to the offshore oil and gas industry, with a focus on deepwater applications. Through the use of its applied technology expertise, Oceaneering also serves the defense and aerospace industries.
Oceaneering International, Inc. provides engineered services and products primarily to the offshore oil and gas industry worldwide. The company’s Remotely Operated Vehicles (ROVs) segment offers submersible vehicles for drilling support in the oil and gas industry; and subsea hardware installation, construction, pipeline inspection, survey and facilities inspection, maintenance, and repair services.
During an early morning trade, Qlik Technologies, Inc. (NASDAQ:QLIK)’s shares lost -0.09%, and is now trading at $33.36, hitting new 52-week high of $33.66, after a leader in data discovery, recently declared that it has been awarded a 5-Star rating in The Channel Company’s CRN 2015 Partner Program Guide. This annual directory is the definitive listing of technology vendors that service solution providers or provide products through the IT channel. The 5-Star Partner Program rating recognizes an elite subset of companies that offer solution providers the best partnering elements in their channel programs.
Through continued focus on its partner ecosystem, Qlik has expanded its partner program to more than 1,700 partners in 100 countries, and in the fourth quarter of 2014, generated 52% of license and first year maintenance billings from its indirect partner channel. This acknowledgement comes as Qlik prepares to meet a record number of partner attendees at its tenth annual Global Partner Summit, Qonnections 2015. The event, being held April 26-29 at the Hilton Anatole Hotel in Dallas, Texas, welcomes attendees from around the world to share best practices for the sales and support of Qlik solutions.
To determine the 2015 5-Star recipients, The Channel Company’s Research team assessed each vendor’s application based on investments in program offerings, partner profitability, partner training, education and support, marketing programs and resources, sales support and communication.
Qlik Technologies Inc. provides user-driven business intelligence solutions that enable customers to make business decisions. The company develops, commercializes, and implements software products and related services.
Fortinet Inc. (NASDAQ:FTNT), during its Friday’s current trading session gained 1.26%, and is now trading at $35.68, hitting new 52-week high of $35.69, as on April 6, the global leader in high-performance enterprise cyber security solutions, continued to experience momentum across the global enterprise segment, according to recent research from industry analysts, International Data Corporation (IDC) and Infonetics Research. As large global corporations upgrade data centers and expand network security infrastructures to more effectively protect against the massive waves of increasingly-sophisticated attacks they face every day, they are investing in Fortinet’s leading solutions to provide multiple layers of protection that shield critical data against sophisticated threats.
According to the most recent IDC Worldwide Quarterly Security Appliance Tracker, 4Q14, released in March 2015, Fortinet’s security appliance shipments and worldwide proceed continued to grow in the fourth quarter of 2014; the 21st successive quarter of proceed growth. Fortinet remains the largest security appliance vendor in terms of shipments globally with 18.8% share of total unit shipments in 4Q14. Fortinet’s flagship multi-function FortiGate security appliances are protecting enterprises and service providers of all sizes, and are being deployed in a variety of ways, counting as next-generation firewalls, data center firewalls, and internal network firewalls.
The Infonetics Research Data Center Security Products report, published in December 2014, also highlights Fortinet’s footprint across the enterprise. Worldwide proceed for data center security appliances was up 5% in 2Q14, and is predictable to continue to rise as the need for massive performance raises in connection rate and concurrent connections for key web/data center protocols (like TCP) proliferates. The Infonetics report reflects that market share for security appliances in the data center closely mirrors overall market share for security solutions, with Fortinet in the second position behind Cisco.
Fortinet, Inc. provides cyber security solutions for enterprises, service providers, and government organizations worldwide. The company offers FortiGate physical and virtual appliances products that provide various integrated security and networking functions to protect data, applications, and users from network- and content-level security threats; FortiManager product family to manage the system configuration and security functions of multiple FortiGate devices from a centralized console; and the FortiAnalyzer product family, which enables the collection, analysis, and archiving of content and log data generated by its products.
Finally, Yamana Gold, Inc. (NYSE:AUY), gained 0.97% Friday, following the news that Yamana Gold, declared preliminary first quarter 2015 operational results for its partner Brio Gold Inc. and offered an update on planned initiatives regarding Brio Gold.
PRELIMINARY FIRST QUARTER OPERATIONAL RESULTS:
The producing mines in the Brio Gold portfolio produced about 31,000 ounces of gold in the first quarter of 2015 at cash costs of about $825 per ounce. First quarter production is consistent with budget and these mines are on track to produce 130,000 ounces of gold at average cash costs of $730 per ounce of gold in 2015. The average realized gold price for these assets in the quarter was about $1,215 per ounce and exposure to the Brazilian Real remains unhedged.
At Pilar, more efficient mining and dilution control continued to improve production and operating costs. Production averaged over 6,300 ounces per month in the first quarter which is predictable to be a baseline for production going forward. In addition, development work at the satellite Maria Lazarus deposit continued with about 1,700 meters of development having been accomplished. Maria Lazarus is predictable to ramp-up over the course of the year and provide additional flexibility at the operation.
At Fazenda Brasileiro, mill and related maintenance was undertaken earlier than originally planned. The maintenance plan for upgrading of the Carbon-in-Leach (“CIL”) circuit was accelerated into the first quarter to enhance operational flexibility at Fazenda Brasileiro. Production and costs are predictable to normalize to higher and lower levels respectively starting in the second quarter.
Sustaining capital to the end of 2016 for the current Brio Gold operations is predictable to average about $180 per ounce. Expansionary capital for 2015 is predictable to be about $6.6 million for the development of Maria Lazarus at Pilar, $2.2 million of which was spent in the first quarter. No expansionary capital spending is planned at Fazenda Brasileiro.
Yamana Gold Inc. engages in gold mining and related activities, counting exploration, extraction, processing, and reclamation. The company was formerly known as Yamana Resources Inc. and changed its name to Yamana Gold Inc. in July 2003. Yamana Gold Inc. was founded in 1980 and is headquartered in Toronto, Canada.
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