$IRM said that it intends to generate 5% of its total worldwide revenue from adjacent businesses by the end of 2020, up from just 2% at 2015-end. The company closed on Crozier Fine Arts storage in Dec. $IRM delivered $50MM run rate for this business in 2015, which was achieved with roughly $20MM revenue run rate from data center business and $30MM.
$FTR reorganized its business structure with the creation of new consumer and commercial business. The company said that the previous structures were more regionally focused and it had seven regions structure before the reorganization.
$PCLN believes that over the next decade China will continue to be
one of the largest opportunities for travel growth in terms of increasing market
share for the company. $PCLN also sees opportunities to increase domestic market
share in the US.
$PRGO said that in the Consumer Healthcare business, it has been seeing certain pricing pressure. Therefore, across categories $PRGO competes in, it has competitive pricing. The company expects pricing pressure to continue in different segments going forward. But given the growth in new products, $PRGO expects to overcome the pricing challenges.