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You never know. Aruba replaced RKUS here:
Aruba Networks, Inc. (NASDAQ:ARUN) today announced that Nebraska Crossing Outlets (NEX) in Gretna, Nebraska, has replaced its Ruckus wireless network with Aruba Networks’ 802.11ac solution to provide the industry’s fastest Wi-Fi to 80 retailers and the four million people the center serves in its 200 mile trade area.
http://www.sys-con.com/node/3239341
Arizona, week 13. Thanks.
San Francisco, week 12. Thanks.
NYC plan would replace pay phones with Wi-Fi hubs
http://www.usatoday.com/story/tech/2014/11/17/nyc-pay-phones-wi-fi/19200993/
NEW YORK (AP) — Pay phones on New York City streets would become a thing of the past under a plan announced Monday that would replace them with stand-alone devices offering free Wi-Fi and nationwide phone calls as well as mobile phone charging capability.
New York City Mayor Bill de Blasio said LinkNYC, a plan proposed by a group of companies working together under the name CityBridge, had been selected to replace the old pay phone system. Up to 10,000 column-like devices would be placed in all five boroughs starting next year if the plan is approved by the city's Franchise and Concession Review Committee.
The devices, along with Wi-Fi, would also have touchscreens for users to access city agencies and digital displays for advertising and announcements.
The devices would replace 8,400 pay phones in 6,452 installations around the city. The only pay phones left would be three booth-style pay phones on the Upper West Side that would be preserved as pieces of New York City history.
De Blasio said the plan wouldn't cost city taxpayers anything. He said the money to cover the cost would come through revenues from the advertising. The city said the advertising revenue would bring in $500 million over the next 12 years.
De Blasio said the system would expand access to broadband.
"With this proposal for the fastest and largest municipal Wi-Fi network in the world — accessible to and free for all New Yorkers and visitors alike — we're taking a critical step toward a more equal, open and connected city," he said.
CityBridge is made up of companies including Qualcomm Incorporated, Comark, Control Group and Titan. The city said the consortium has committed to making the devices in New York City, and the LinkNYC program is expected to create up to 150 jobs in manufacturing, technology and advertising, as well as 650 support jobs.
Yeah, I gotta watch the recap later.
DL lll must have tanked today. He was on first page of the leaderboard yesterday.
And there's my pick, right at the top.
New Orleans, week 11.
Thanks!
Leonard, please. Thanks
I've got a WD on Dubuisson, too. He was approaching a zillion over par. Good time to WD.
Global Partners Reports Strong Financial Results for the Third Quarter
: Friday 7 November 2014
- Net Income Attributable to the Partnership of $42.5 Million, up 64.7% Year-over-Year
- EBITDA of $74.7 Million, up 27.8% Year-over-Year
- Distributable Cash Flow of $51.5 Million, up 15.9% Year-over-Year
- Partnership Increases Full-Year 2014 EBITDA Guidance
Financial Guidance
In the fourth quarter of 2014, we expect revenue to grow sequentially and on a year-over-year basis, gross margin percentage to improve compared to the third quarter of 2014 and operating expenses to increase slightly compared to the third quarter of 2014. We expect the non-GAAP tax rate in the fourth quarter of 2014 to be similar to the 12% non-GAAP tax rate in the third quarter of 2014. This results in the following non-GAAP guidance for the fourth quarter of 2014:
Q4 2014 Guidance ~~~~~ Consolidated Non-GAAP
Revenue. ~~~~~~ $145.0 to $148.0 million
Earnings from operations ~~~~ $9.0 to $10.0 million
Net earnings ~~~~~ $7.9 to $8.8 million
Earnings per share ~~~~ $0.25 to $0.28 per share
http://www.nasdaq.com/press-release/sierra-wireless-reports-third-quarter-2014-results-20141105-01542#ixzz3ILLyZ5Rp
Wow...nice. Eom.
San Diego-based Qualcomm, the biggest chip supplier for mobile phones, disclosed Wednesday that the Federal Trade Commission is investigating its business practices. Qualcomm said the investigation primarily concerns its patent licensing business.
http://www.nasdaq.com/article/qualcomm-discloses-ftc-investigation3rd-update-20141105-01790#ixzz3IFvPqVwB
The company said the FTC notified it about the probe in mid-September. Qualcomm said in the filing that the agency's focus includes "potential breach of FRAND commitments."
Seattle, week 10.
Thanks!
Dubuisson for the HSBC.
Thanks.
Ruckus launches its first small business router: Could this be Google’s new Wi-Fi hardware?
by Kevin Fitchard OCT. 29, 2014 - 12:01 AM PDT
SUMMARY:
Ruckus Wireless will supply the gear for Google’s planned business Wi-Fi service. The catch is Ruckus has never sold any small business products — not until today, that is.CT. 29, 2014
https://gigaom.com/2014/10/29/ruckus-launches-its-first-small-business-router-could-this-be-googles-new-wi-fi-hardware/
10/31/2014 @ 6:06AM. Omega Healthcare Investors, Inc. (NYSE:OHI) (“Omega” or the “Company”) and Aviv REIT, Inc. (NYSE:AVIV) (
Aviv”) today announced that the Boards of Directors of both companies have unanimously approved a definitive agreement under which Omega will acquire all of the outstanding shares of Aviv in a stock-for-stock merger. The transaction values Aviv at $3.0 billion, and creates the premier publicly traded pure-play skilled nursing facility real estate investment trust (“REIT”).
Under the terms of the agreement, Aviv shareholders will receive a fixed exchange ratio of 0.90 Omega shares for each share of Aviv common stock they own. Based on the closing stock price for Omega on Thursday, October 30th, 2014, this consideration would be equivalent to $34.97 of Omega stock for each Aviv share, representing a premium to Aviv shareholders of approximately 16.2% over Aviv’s closing stock price on that day. Upon closing of the transaction, Omega shareholders are expected to own approximately 70% and Aviv shareholders, together with the limited partners of Aviv Healthcare Properties Limited Partnership (“Aviv OP”), are expected to own beneficially approximately 30% of the combined company. The stock-for-stock transaction is intended to be tax-free to shareholders. Following the merger, Taylor Pickett, current Omega CEO, will continue to serve as CEO of the combined company while Craig Bernfield, current Aviv Chairman and CEO, will join the Board of Directors of the combined company.
“The combination of Omega and Aviv creates the premier pure-play skilled nursing facility REIT which, with the expertise and proven track records of the combined management teams, will be well-positioned to continue as the leading consolidator in the large, highly fragmented SNF industry,” Omega Chief Executive Officer Taylor Pickett said. “This merger is consistent with Omega’s long history of executing value-creating transactions. The combined sourcing and development capabilities of this company, coupled with its strong balance sheet, provides enhanced capacity to drive growth and is expected to continue to decrease our cost of capital. The combined company will have unrivaled resources to pursue attractive acquisition and development opportunities within its base of existing operator relationships and will also have the human and capital resources to pursue new operator relationships for continued external growth.”
BOISE, Idaho, Oct. 30, 2014 /PRNewswire/ -- IDACORP, Inc. (NYSE: IDA) reported third quarter 2014 net income attributable to IDACORP of $86.9 million, or $1.73 per diluted share, compared with $73.1 million, or $1.46 per diluted share, in the third quarter of 2013. For the first nine months of 2014, IDACORP recorded net income attributable to IDACORP of $158.8 million, or $3.16 per diluted share, compared with $154.8 million, or $3.09 per diluted share for the first nine months of 2013.
"Based on our results to-date and expectations for the remainder of 2014, we have increased IDACORP's 2014 full-year earnings guidance from the range of $3.50 to $3.65 per share to the range of $3.70 to $3.80 per share," added Anderson.
CIN, week 9. Thanks!
Micron feeling bullish, plans to buy back $1 billion of its own stock
http://www.idahostatesman.com/2014/10/27/3451096_micron-to-buy-back-1b-of-its-own.html?sp=/99/1687/&rh=1#storylink=cpy
Micron Technology Inc. announced Monday its plans to buy back $1 billion of its own stock.
“They are confident in their outlook and they think the stock is undervalued,” said Vijay Rakesh, a Chicago-based analyst who follows Micron for Sterne Agee.
Micron has already reduced the potential for share dilution by eliminating about $389 million in convertible debt — debt that can be shares of stock — during its first quarter, which began Aug. 29.
Investors reacted positively to the announcement. Micron stock closed Monday at $32.30, up 3.99 percent or $1.24 a share.
Sterne Agee is forecasting the stock will reach $42 a share over the next 12 months.
Hi magilla' ....been missing your posting of late. Glad you're back on the scene.
On my OT post, if I were a GoPro exec I'd be all over the fact this guy wore off the shelf cameras for this feat. Sure would be neat to see the video.
Ok, totally OT, but amazing feat.
October 24, 2014 at 5:25 PM
Parachuting Google exec sets record 135,890-foot fall
ROSWELL, N.M. — A well-known computer scientist parachuted from a balloon near the top of the stratosphere Friday, falling faster than the speed of sound and breaking the world altitude record set two years ago.
The jump was made by Alan Eustace, 57, a senior vice president at Google. At dawn he was lifted by a balloon filled with 35,000 cubic feet of helium at an abandoned runway at the Roswell airport.
For about two hours, the balloon ascended at speeds up to 1,600 feet a minute to an altitude of more than 25 miles. Eustace dangled underneath in a specially designed spacesuit with an elaborate life-support system. He returned to Earth 15 minutes after starting his fall.
“It was amazing,” he said. “It was beautiful. You could see the darkness of space and you could see the layers of atmosphere, which I had never seen before.”
Eustace cut himself loose from the balloon with the aid of a small explosive device and plummeted toward Earth at speeds that peaked at 822 mph, setting off a small sonic boom heard by observers on the ground.
“It was a wild, wild ride,” he said. “I hugged onto the equipment module and tucked my legs and I held my heading.”
He did not feel or hear the supersonic boom as he passed the speed of sound, he said. He performed two slow back flips before a small parachute righted him.
His technical team had designed a carbon-fiber attachment that kept him from becoming entangled in the main parachute before it opened. About 4 ½ minutes into his fall, he opened the main parachute and glided to a landing 70 miles from the launch site.
“To break an aviation record is incredibly significant,” said Mark Kelly, the former astronaut, who viewed Eustace’s ascent. “There is an incredible amount of risk. To do it safely is a testament to the people involved.”
Eustace’s maximum altitude was initially reported as 135,908 feet. The final number, based on information from two data loggers, being submitted to the World Air Sports Federation is 135,890 feet.
The previous altitude record was set by Austrian daredevil Felix Baumgartner, who jumped from 128,100 feet on Oct. 14, 2012.
Eustace was carried aloft without the aid of the sophisticated capsule used by Baumgartner or millions of dollars in sponsorship money. Instead, Eustace planned his jump in the utmost secrecy, working for almost three years with a small group of technologists skilled in spacesuit design, life-support systems, and parachute and balloon technology.
He carried modest GoPro cameras aloft, connected to his ground-control center by an off-the-shelf radio.
Although Baumgartner was widely known for death-defying feats, Eustace describes himself as an engineer first with a deep commitment to teamwork. He pilots his own Cessna twin-engine jet and has a reputation in Silicon Valley for thrill-seeking.
“Alan is a risk-taker with a passion for details,” said Brian Reid, a computer network specialist who has worked with Eustace.
After he decided to pursue the project in 2011, Eustace was introduced to Taber MacCallum, one of the founding members of the Biosphere 2 project, an artificial closed ecosystem built to explore ideas such as space colonization. Eustace had decided to pursue a simpler approach than Baumgartner’s.
He asked MacCallum’s company, Paragon Space Development, to create a life-support system to make it possible for him to breathe pure oxygen in a pressure suit during his ascent and fall.
Eustace said Google had been willing to help with the project, but he declined company support, worried that his jump would become a marketing event.
James Hayhurst, director of competition at the U.S. Parachute Association, who verified the record, described the venture as “legitimate science.”
“I think they’re putting a little lookout tower at the edge of space that the common man can share,” he said.
Eustace said he gained a love of space and spaceflight from growing up in Orlando during the 1960s and 1970s. His family crowded into a station wagon to watch every launch from Cape Canaveral.
A veteran aircraft pilot and parachutist, he worked as a computer hardware designer at Digital Equipment for 15 years before moving to Google in 2002.
Eustace said that his technical team designed and redesigned many of the components of his parachute and life-support system during the three-year development phase. Many of the redesigns were the result of technical surprises.
For example, he discovered that to control his suit, he was required to make movements that were exactly the opposite of the control motions made by a conventional parachutist. Left movements must be made for rightward motion, for instance, and upward movements for downward motion.
Despite the fact that the stratosphere becomes colder at higher elevations, the problem the suit designers faced was keeping him sufficiently cool at the top of the stratosphere, because there is no atmosphere to remove the heat. His suit did not have a cooling system, so it was necessary to make elaborate design modifications to keep dry air in his helmet so that his face plate did not fog.
http://seattletimes.com/html/nationworld/2024865484_balloonfallxml.html
Patrick Reed...... Thanks.
I believe Art (QTMM) attended a presentation by GPHBF at the Graphene World Summit in Berkley last month.
The presentation was on graphene and additive manufacturing.
Microsoft highlights some big numbers when it tells the story of its growing cloud offerings. Analysts say the level of the company’s investment in those operations is eye-catching.
http://seattletimes.com/html/businesstechnology/2024830041_microsoftcloudxml.html
Eighty percent of Fortune 500 companies use Microsoft’s cloud, said Scott Guthrie, executive vice president of Microsoft’s Cloud and Enterprise division.
The company is adding 10,000 customers a week to Azure, Microsoft’s cloud platform. Revenue from Microsoft’s cloud offerings more than doubled last fiscal year, with an annual revenue run rate now up to $4.4 billion.
“The thing that took me by surprise a little was just the level of investment they’re making. It’s huge,” said Al Hilwa, an analyst with research firm IDC. “It appears that Microsoft is investing in Azure at a scale that few others are able to match. It is definitely early days, but 19 regions made up of the type of building templates that Azure uses is a blowout metric for the cloud industry at this time.”
So aggressive has Microsoft been in its cloud aspirations that financial analyst Rick Sherlund with investment bank Nomura said in a note to investors last month that, taking SaaS, PaaS and IaaS altogether, “Microsoft is likely to be the largest cloud vendor by the December quarter and growing the fastest of the leading players.”
Dallas, week 8. Thanks!
I like MEI but hold a position here because I think RKUS has greater upside ...especially from these levels. I have added to my RKUS holdings.
glty....
Chicago, week 7. Thanks!
Nokia Networks and China Mobile sign 970 million USD agreement
10 October 2014
Berlin, Germany – Nokia Networks and China Mobile today announced a framework agreement for mobile communication equipment and services valued at 970 million USD (760 million euros). The agreement was signed at the Sino-German Economic Forum in Berlin by Li Huidi, Vice President of China Mobile, and Hans-Juergen Bill, Executive Vice President at Nokia and also Chairman of the Board of Directors of Nokia Networks GmbH & Co KG in Germany.
Under the terms of the agreement, Nokia Networks will provide its 4G TD-LTE technology including Evolved Packet Core* (EPC) and GSM wireless networking equipment, core application platforms, OSS, software, and services to support China Mobile’s 4G wireless broadband network rollout in 2014 and 2015. Deliveries under the agreement commenced in Q1 of this year.
http://networks.nokia.com/news-events/press-room/press-releases/nokia-networks-and-china-mobile-sign-970-million-usd-agreement
Denver, week 6. Thanks!
Royals, Pirates
Royals, Tigers, Pirates, Cardinals
Tigers, Cardinals
Tigers in 7
39
DET for week 5. Thanks.
Micron’s sales surge as chip prices rise
Bloomberg NewsSeptember 25, 2014
Micron Technology Inc., the largest U.S. maker of computer-memory chips, said fiscal fourth-quarter sales rose 49 percent, exceeding analysts’ estimates, as corporate demand for personal computers boosted prices.
Revenue in the quarter that ended Aug. 28 — the end of Micron’s fiscal year — climbed to $4.23 billion, the Boise company said Thursday in a regulatory filing. Profit excluding certain costs was 82 cents a share. Analysts on average projected sales of $4.16 billion and profit of 81 cents.
Revenue in the quarter that ended Aug. 28 — the end of Micron’s fiscal year — climbed to $4.23 billion, the Boise company said Thursday in a regulatory filing. Profit excluding certain costs was 82 cents a share. Analysts on average projected sales of $4.16 billion and profit of 81 cents.
In the last two years, Micron and rival memory producers such as Samsung Electronics Co. have begun to benefit from an industrywide pause in building plants, which eased supply gluts that had hurt prices in the past. The chipmakers are also getting a lift from stronger demand for memory used in PCs and smartphones, said Betsy Van Hees, an analyst at Wedbush Securities in San Francisco.
“The market is in good shape right now,” said Van Hees, who recommends buying Micron stock. “We’re really not concerned about what’s going on in the near term.” Micron’s shares rose 2.7 percent in extended trading following the announcement. The stock, which has gained 46 percent this year, had earlier declined 1.6 percent to $31.70 at the close in New York.
Fourth-quarter net income, which included gains from the sale of a unit, fell to $1.15 billion, or 96 cents a share, from $1.71 billion, or $1.51, a year earlier. But the fourth quarter a year ago included $1.48 billion in accounting gains from Micron’s acquisition of Japan’s Elpida Memory Inc. and Rexchip Electronics Corp.
“We are pleased with the company's performance that resulted in record revenue and earnings for the year," CEO Mark Durcan said. "Continued favorable market conditions and steady execution led to increases in sales volumes and another quarter of strong operating margins and earnings per share."
http://www.idahostatesman.com/2014/09/25/3394017/micron-earning-dip-in-fourth-quarter.html?sp=/99/1687/&ihp=1#storylink=cpy
RYDER CUP BROADCAST COVERAGE
DATE EVENT NETWORK TIME
Friday, Sept. 26 Foursomes and fourballs Golf Channel 2:30 a.m.-1 p.m.
Saturday, Sept. 27 Foursomes and fourballs NBC 3 a.m.-1 p.m.
Sunday, Sept. 28 Singles matches NBC 7 a.m.-1 p.m.
SDC, week 4
Thanks.
Oracle’s Larry Ellison steps down as CEO
Oracle’s Larry Ellison stepped down as chief executive officer of the software maker he founded, making way for a new generation of executives and ending one of the most profitable runs for a leader in business history.
Mark Hurd and Safra Catz, currently co-presidents of Oracle, were both named CEO to replace Ellison, the company said Thursday. Hurd will run sales, marketing and strategy, while Catz will remain chief financial officer and oversee legal and manufacturing operations. Ellison will become chairman, replacing Jeff Henley, and also take on the title of chief technology officer.
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Interesting article:
http://seattletimes.com/html/businesstechnology/2024573343_oracleellisonxml.html
NYSE Says Alibaba to Get All the Time It Needs at Opening
The clock won’t be ticking on Alibaba Group Holding Ltd. as market makers work to arrange its first trade on the New York Stock Exchange.
“Whether it’s 15 minutes to get to that solution or an hour and 15 minutes, we don’t really care,” David Ethridge, the senior vice president at NYSE Group Inc. who heads its initial public offering unit, said in an interview. “We’re going to be very supportive to the underwriting teams, the designated market maker and all the other market participants in making sure we give them the kind of launch they want.”
When a company goes public, its bankers must first sell shares to an initial group of investors. Once the stock has been distributed, the listing exchange holds an auction to establish the first public price. At NYSE, the process is managed by human traders in the exchange’s Manhattan headquarters. For Nasdaq, the other corporate listing exchange in the U.S., the auction is run by software.
More:
http://www.bloomberg.com/news/2014-09-17/nyse-says-alibaba-to-get-all-the-time-it-needs-at-opening.html
NEP ..... Thanks.
From the article you referenced:
".....Ruckus also stands to benefit from Google 's (NASDAQ:GOOGL) fiber-optics network, which got started around Kansas City, Kan., and has expanded into Provo, Utah, and Austin, Texas. Google is expected to roll out the Google Fiber fast-broadband service into more than 30 U.S. cities as well as other countries.
Among the customers that Google wants to target with the network are small to midsize businesses, Trebnick says.
"It hasn't been confirmed, but everybody believes Ruckus will be one of the primary suppliers of Wi-Fi when Google does this," she said.
Ruckus executives wouldn't comment on the Google Fiber rumors.
For now, the company has plenty of business to keep it occupied. Ruckus was founded in 2004 and had its initial public offering in November 2012. It has been profitable since 2009 and expects to keep growing those profits in coming quarters and years.
"We've made significant investments in R&D over last few years, and we're now at a position where revenue is growing faster than R&D spending," Hennessy said. "We have also achieved operating efficiencies that led to higher gross margins."
Ruckus logged second-quarter gross margin of 70%, up from 67.4% the prior year and above Trebnick's estimate of 68.5%. Earnings climbed 83% to 11 cents a share, topping the consensus view of analysts. Revenue gained 26.8% to $81 million, also above consensus.
Analysts polled by Thomson Reuters expect full-year profit of 40 cents a share, more than double the previous year's earnings. EPS for 2015 is seen rising 45% to 58 cents.
"We are in a significant growth cycle for Wi-Fi over the next couple of years because of the proliferation of devices," Hennessy said. "We feel we are in a good position to take advantage of that because of our technology."
Green Bay.
Thanks!