$KZ (KongZhong Corporation)

$KZ {{ '2015-11-30T11:50:41+0000' | timeago}} • Announcement

$KZ said its BoD has approved the sale of a portion of its shareholding in Ourgame International Holdings to Glassy Mind Holdings Ltd. $KZ agreed to sell 39.2MM shares in Ourgame to Glassy Mind for total consideration of about $30.9MM. Upon closing, $KZ will continue to hold about 20.74MM shares in Ourgame as of Nov. 26.

$ADBE {{ '2018-01-22T23:21:05+0000' | timeago}} • Announcement

$ADBE raised its FY18 earnings targets, helped by the impact of the new U.S. Tax Cuts and Jobs Act, which decreases the U.S. corporate income tax rate from 35% to 21%. For 1Q18, Adobe reduced its GAAP EPS target and lifted its non-GAAP EPS outlook. GAAP effective tax rate is expected to be about 17% for 1Q18 and about 13% for Q2-Q4 FY2018 periods.

$ADBE {{ '2018-01-22T22:14:27+0000' | timeago}} • Announcement

$ADBE announced that Mark Garrett, CFO and Mike Dillon, EVP & General Counsel will retire in 2018. Both of them will continue to serve Adobe until their successors are found. The Photoshopmaker has started an internal and external search to replace Garrett and Dillon.

$T {{ '2018-01-22T21:42:18+0000' | timeago}} • Announcement

$T and $EQIX said they are expanding their relationship to make AT&T Switched Ethernet ServiceM with Network on Demand available to businesses in Equinix International Business Exchange (IBX) data centers.

$AVGO {{ '2018-01-22T13:45:18+0000' | timeago}} • Announcement

$AVGO said the US Federal Trade Commission has requested more information regarding its acquisition plan of $QCOM. The effect of the second request is to extend the 30-day waiting period imposed by the Hart-Scott-Rodino Antitrust Improvements Act of 1976. After $AVGO complies with the request, the regulator has 30 days to complete its review.

$AAPL {{ '2018-01-18T12:47:28+0000' | timeago}} • Announcement

Spurred by the Republican tax reform, $AAPL said it would increase its direct contribution to the US economy to over $350Bil over the next five years. The tech giant expects to invest over $30Bil in capital expenditures in the US during this period and create over 20,000 jobs through hiring at existing campuses and opening a new one.

$MSFT {{ '2018-01-04T15:19:52+0000' | timeago}} • Announcement

As part of its Healthcare NExT initiative, $MSFT partnered with Seattle-based biotech firm Adaptive Biotechnologies. Microsoft and Adaptive will build a universal blood test that will screen a person's human immune system using the former's AI and machine learning technologies. Microsoft had invested an undisclosed amount for this partnership.

$MSFT {{ '2018-01-03T14:45:28+0000' | timeago}} • Announcement

$MSFT to acquire Pittsburgh-based data storage firm Avere Systems. The transaction terms were not disclosed. Microsoft believes that the addition of Avere Systems will add value to its cloud computing platform Azure and its customers. In March 2017, Avere closed a $14MM Series E funding in which $GOOG was one of the investors.

$GOOG {{ '2017-12-22T12:16:53+0000' | timeago}} • Announcement

“Eric Schmidt, Executive Chairman of the board of directors of $GOOG $GOOGL, has decided to step down. He will take up the role of Technical Advisor to the firm. Schmidt, who has been serving Alphabet for the past 17 years, will continue to serve on its Board. It is expected that the Board will appoint a non-executive chairman at the next meeting.”

$RHT {{ '2017-12-20T14:24:30+0000' | timeago}} • Announcement

Open source software provider $RHT, which recently announced partnerships with $BABA and SoftBank, saw a surge in its 3Q18 profit, driven by higher subscriptions and higher revenue. Profit surged 49% to $101.3MM or $0.54 per share, up from $68MM or $0.37 a year earlier. Revenue rose 22% to $748MM. On an adjusted basis, $RHT earned $0.73 per share.

$AVGO {{ '2017-12-19T14:25:02+0000' | timeago}} • Announcement

$AVGO started shipping StrataXGS Tomahawk 3 switch series, demonstrating 12.8 Terabits per sec of Ethernet switching performance in a single device. The Tomahawk 3 series is the industry’s first shipping product that supports high-density, standards based 400GbE, 200GbE, and 100GbE switching and routing for hyperscale cloud networks.

$XPER {{ '2017-12-18T13:08:17+0000' | timeago}} • Announcement

$XPER's subsidiary Tessera Technologies, Inc. and some of its affiliates have reached an agreement with $AVGO and some of its affiliates, customers and suppliers to settle and dismiss all pending litigation between them. In conjunction with the settlement, $AVGO entered into a new multi-year patent license agreement with Tessera.

$EQIX {{ '2017-12-18T12:46:46+0000' | timeago}} • Announcement

Interconnection and data center company $EQIX entered into an agreement with Ontario Teachers' Pension Plan to acquire all of the equity interests in the Metronode group of companies, an Australian data center business  in an all-cash transaction for AUD1.035Bil (approx. US$792MM). The transaction is expected to close in 1H18.

$ADBE {{ '2017-12-15T20:35:47+0000' | timeago}} • Webcast

$ADBE said that it cannot comment much on the impact of the proposed US tax reforms on the company as they are not yet finalized. Adobe believes tax reforms would result it to access foreign cash and also a lower tax rate for the company.

$ADBE {{ '2017-12-15T20:19:51+0000' | timeago}} • Announcement

$ADBE to do some segment changes beginning from 1Q18 reporting. LiveCycle and Connect businesses, previously reported in Digital Marketing segment, will be moved to a new segment called Publishing, which will include the current Print and Publishing segment products. Digital Marketing segment to be renamed as Digital Experience.

$ADBE {{ '2017-12-15T19:58:46+0000' | timeago}} • Announcement

Software juggernaut $ADBE, which celebrated its 35th anniversary last week, reported that revenue hiked 25% to $2.01Bil in 4Q17 thus crossing $2Bil revenue in a quarter for the first time in its history. Profit rose 26% to $502MM or $1.00 per share, aided by the growth in Digital Media business. Non-GAAP EPS spiked 40% to $1.26.

$ADBE {{ '2017-12-14T22:20:56+0000' | timeago}} • Infographic

$ADBE Adobe Systems Inc. Earnings AlphaGraphics: Q4 2017 Highlights

$AAPL {{ '2017-12-13T16:14:11+0000' | timeago}} • Announcement

Finisar Corp, which makes chips that can power various iPhone features including FaceID, will become the latest beneficiary of $AAPL's $1Bil Advanced Manufacturing Fund. Apple said it would invest $390MM in the chipmaker, following which, $FNSR shares shot up about 17% in premarket trading.

$OMC {{ '2017-12-07T14:52:09+0000' | timeago}} • Announcement

Corporate communications company $OMC said Mark Mulhern has been named CEO of its subsidiary We are Unlimited, effective January 8, 2018. Mulhern succeeds Brian Nienhaus, who will be taking up a new role within OMC later. Mulhern, who currently holds a senior position at iCrossing, had earlier served BBDO as EVP and JWT as Business Director.

$AVGO {{ '2017-12-07T14:42:03+0000' | timeago}} • Webcast

On the CapEx front, $AVGO said it expects expenses to decline meaningfully starting in 2018. For 2H18, the company expects CapEx to reach its long-term target of 3% of net revenue.

$AVGO {{ '2017-12-07T14:36:41+0000' | timeago}} • Webcast

$AVGO is seeing strong adoption and ramp of its optical isolation products to continue to drive growth coming from electric vehicles in 2018. The company is also looking forward to fully integrating Brocade over the next few quarters and expect its total OpEx in FY18 including Brocade to remain within the target of 17.5% of net revenue.

Recent Transcripts

ADBE (Adobe Systems Incorporated)
Thursday, December 14 2017 - 10:00pm
AVGO (Broadcom Limited)
Wednesday, December 6 2017 - 10:00pm
IEC (IEC Electronics Corp.)
Wednesday, December 6 2017 - 3:00pm
BITA (Bitauto Holdings Limited)
Monday, November 20 2017 - 12:00pm
SFUN (SouFun Holdings Ltd.)
Friday, November 17 2017 - 1:00pm
NTES (NetEase, Inc.)
Thursday, November 16 2017 - 1:00am
GVP (GSE Systems Inc.)
Tuesday, November 14 2017 - 9:30pm
TU (TELUS Corporation)
Thursday, November 9 2017 - 4:00pm
AAPL (Apple Inc.)
Thursday, November 2 2017 - 9:00pm
GSAT (Globalstar Inc.)
Thursday, November 2 2017 - 9:00pm
BABA (Alibaba Group Holding Limited)
Thursday, November 2 2017 - 11:30am
EQIX (Equinix, Inc.)
Wednesday, November 1 2017 - 9:30pm
EA (Electronic Arts Inc.)
Tuesday, October 31 2017 - 9:00pm
CYOU (Changyou.com Limited)
Friday, October 27 2017 - 11:00am
BIDU (Baidu, Inc.)
Friday, October 27 2017 - 12:00am
MSFT (Microsoft Corporation)
Thursday, October 26 2017 - 9:30pm
GOOGL (Alphabet Inc.)
Thursday, October 26 2017 - 8:30pm
WCC (WESCO International Inc.)
Thursday, October 26 2017 - 2:00pm
TWTR (Twitter, Inc.)
Thursday, October 26 2017 - 12:00pm
VIV (Telefônica Brasil S.A.)
Wednesday, October 25 2017 - 1:00pm

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