$CDI (CDI Corp.)

$CDI {{ '2016-09-16T14:33:24+0000' | timeago}} • Announcement

IT and staffing services provider $CDI said that its BoD accepted has accepted the resignation of Scott Freidheim, the company's CEO and President. The company has promoted CFO Michael Castleman to the post of President, who has agreed to serve as Interim CEO until $CDI finds a perfect replacement for Scott.

$INTC {{ '2017-09-18T21:14:21+0000' | timeago}} • Announcement

$INTC invested $1Bil in the artificial intelligence (AI) ecosystem to fuel adoption and product innovation. The company believes that AI will bring significant new opportunities to transform business, from retail to healthcare to manufacturing, and have an immensely positive impact on society.

$OMC {{ '2017-09-18T20:49:56+0000' | timeago}} • Announcement

$OMC said that its group agency OMD Worldwide named John Osborn as CEO of its US operations effective immediately and will be headquartered in New York. Osborn succeeds Monica Karo, who is moving up to a global role as Chief Client Officer of OMD Worldwide.

$INTC {{ '2017-09-18T14:09:35+0000' | timeago}} • Announcement

$INTC elects Andrew Wilson, CEO of $EA, to its Board of Directors This latest election bring the total board membership to 12. Wilson also serves as chairman of the board for the World Surf League.

$CACI {{ '2017-09-18T13:21:29+0000' | timeago}} • Announcement

$CACI was awarded a task order, with a ceiling value of $28.7MM, to provide integration, sustainment, and deployment services to support the US Air Force Civil Engineer Center's IT modernization program.

$FCN {{ '2017-09-18T12:19:37+0000' | timeago}} • Announcement

$FCN appointed Shankar Iyer as an executive vice president of Compass Lexecon LLC, a subsidiary of $FCN. Iyer will be based in Washington, D.C., and New York. In this new role, he will focus on high-stakes litigation in intellectual property, antitrust and competition, consumer fraud and product liability, and other complex commercial disputes.

$NOC {{ '2017-09-18T11:47:52+0000' | timeago}} • Announcement

$NOC has signed an agreement to buy aerospace company $OA for $7.8Bil in cash, plus the assumption of $1.4Bil in debt. Orbital shareholders will get all-cash consideration of $134.50 per share. The transaction, which is expected to close in 1Q18, will be accretive to earnings in first full year, and generate annual cost savings of $150MM by 2020.

$ADS {{ '2017-09-15T12:01:27+0000' | timeago}} • Announcement

$ADS, a provider of loyalty and marketing services, has logged a 13% growth in average receivables at $15.7Bil in its Card Services segment for the month of Aug, 2017. While the net charge-offs stood at $84.1MM, the delinquency rate was 5.3% for the month.

$CACI {{ '2017-09-14T14:34:33+0000' | timeago}} • Announcement

$CACI was awarded a task order, with a ceiling value of $173MM, to perform modeling and simulation systems development of sensor and imaging systems for the US Army's Night Vision and Electronic Sensors Directorate (NVESD). This three-year task order was awarded under the Rapid Response - Third Generation (R23G) contract vehicle.

$CDI {{ '2017-09-13T19:31:23+0000' | timeago}} • Announcement

Diversified technology company $CDI said it was acquired by private funds managed by an affiliate of AE Industrial Partners, a private equity investor. The transaction was completed by way of a cash tender offer for the outstanding common shares of CDI Corp., and by merging the AE affiliate with and into CDI.

$MSFT {{ '2017-09-13T17:34:29+0000' | timeago}} • Announcement

$MSFT helps $SLB in digitizing their oil and gas drilling business. Schlumberger introduced the DrillPlan, its digital well construction planning solution, which will use Microsoft Azure and the Azure Stack hybrid cloud solution. Microsoft is currently working with Schlumberger on several other apps.

$CDI {{ '2017-09-12T17:36:25+0000' | timeago}} • Announcement

AE Industrial Partners (AEI), a private equity investor, completed the previously announced $8.25 per share cash tender offer for all of the outstanding shares of common stock of $CDI. Now, $CDI will become a privately-held, indirect wholly-owned subsidiary of an affiliate of AEI and its shares will cease trading on the New York Stock Exchange.

$INTC {{ '2017-09-12T16:28:42+0000' | timeago}} • Announcement

Munich Reinsurance America announced that it has chosen Mobileye to provide Advanced Collision Avoidance System to its clients, which helps them to mitigate fleet collisions. Earlier this year $INTC acquired Mobileye for $15.3Bil. According to US National Safety Council, more than 40,000 traffic fatalities were reported in 2016 costing $432.5Bil.

$ADBE {{ '2017-09-11T20:19:37+0000' | timeago}} • Announcement

$ADBE to personalize in-car experience by bringing in digital marketing into the car. Adobe Experience Cloud, which is already used by the 10 largest automakers in the world, will understand the drive time behavior, give personalized in-car content, and serve targeted audio ads. Adobe expects in-car digital services to open up new revenue sources.

$OMC {{ '2017-09-11T17:02:28+0000' | timeago}} • Announcement

The DAS Group of Companies, a division of $OMC, announced the broadening of its Customer Relationship Management (CRM) and digital offering through its Omnicom Precision Marketing Group. Luke Taylor has been appointed to serve as CEO of the group, with immediate effect. Taylor will report to Dale Adams, Chairman and CEO, the DAS Group of Companies.

$FCN {{ '2017-09-11T14:09:00+0000' | timeago}} • Announcement

$FCN named Cheryl Davis as its Technology segment's Managing Director. Davis is former Director for Cybersecurity Policy at the U.S. National Security Council and Principal Director of Cyber Policy at the U.S. Department of Homeland Security.

$MSFT {{ '2017-09-07T18:43:55+0000' | timeago}} • Announcement

$MSFT and $FB join hands in creating Open Neural Network Exchange (ONNX), a new opensource project. ONNX will help AI developers to switch between opensource frameworks like Cognitive Toolkit, PyTorch, and Caffe2.

$MSFT {{ '2017-09-07T13:44:39+0000' | timeago}} • Announcement

$MSFT and $ADBE extend their partnerships around their cloud services Microsoft Teams and Adobe Sign. Microsoft Teams, which competes with Slack, will be the preferred collaboration service for the Adobe's cloud services. Adobe Sign will become the preferred e-signature tool for Microsoft. The first integrations are expected in the coming weeks.

$FCN {{ '2017-09-06T15:36:18+0000' | timeago}} • Announcement

Paul Wazzan joined $FCN’s Dispute Advisory Services practice at its Forensic & Litigation Consulting segment as Senior Managing Director. He will be based in Los Angeles and focus on providing financial, economic and statistical expertise in national and international complex damages, finance and intellectual property, among others.

$MSFT {{ '2017-08-30T18:25:42+0000' | timeago}} • Announcement

$MSFT and $AMZN enters into a partnership to integrate their digital voice assistants Cortana and Alexa respectively. Microsoft will be able to activate Amazon's Alexa and Alexa will be integrated with Microsoft's Cortana. The two other notable digital voice assistants are $AAPL's SIRI and $GOOG's Google Assistant.

$AMZN {{ '2017-08-30T13:52:09+0000' | timeago}} • Announcement

$AMZN and $MSFT plan to integrate the functions of their Alexa and Cortana devices by late 2017. This will enable Alexa customers to access Cortana’s unique features like booking meetings or accessing work calendars using only voice. Similarly, Cortana customers can ask Alexa to control their smart home devices or shop on Amazon.com.

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