$ESND (Essendant Inc.)

$ESND {{ '2016-08-17T18:28:14+0000' | timeago}} • Announcement

$ESND said that Tim Connolly, COO, will be leaving the company, effective September 2, 2016 to pursue other opportunities. As part of the organizational changes, there will not be a replacement for the COO role. Keith Dougherty will join the company as SVP of Merchandising, Inventory & Pricing. Mr. Dougherty comes to $ESND from US Foods.

$MSFT {{ '2017-07-21T14:22:52+0000' | timeago}} • Webcast

$MSFT said the large markets like the US, Germany and Japan performed better than its expectations in 4Q17. To compete with its competitors $GOOGL and $AMZN, Microsoft invested about $3.3Bil in CapEx, which includes the capital leases. This was up sequentially partly due to the deferral of planned datacenter spending from 3Q17 to 4Q17.

$MSFT {{ '2017-07-20T22:39:57+0000' | timeago}} • Announcement

$MSFT, the 3rd largest market cap firm in US after $AAPL and $GOOGL, reported a profit that doubled in the tech giant's final quarter of 2017. The strong performance was boosted by growth in Cloud and Office businesses. GAAP net income surged 109% to $6.5Bil. GAAP EPS spiked up 112% to $0.83, aided by tax benefits. Non-GAAP EPS grew 42% to $0.98.

$PYPL {{ '2017-07-20T19:23:41+0000' | timeago}} • Announcement

$PYPL announced a partnership with $JPM that will make it easy to add Chase cards via Chase Pay to PayPal accounts, and will soon offer customers the option of paying with Ultimate Rewards points when linked through Chase Pay at $PYPL’s online merchants. $PYPL will also be able to process payments on ChaseNet, a closed-loop payment network.

$PYPL {{ '2017-07-20T15:44:04+0000' | timeago}} • Announcement

Payment services provider $PYPL and $C have expanded their strategic agreement for broadening consumer payment choices. The partnership will allow Citi card-members to use their ThankYou Points to pay for all or part of purchases when shopping online through the PayPal gateway in US. The facility will be launched next year.

$AAPL {{ '2017-07-20T12:48:23+0000' | timeago}} • Webcast

In regard with its battle against $AAPL, $QCOM has filed patent infringement complaints against the iPhone maker with both the International Trade Commission and in Federal Court in the US. The ITC investigation is expected to commence in August and the case will be tried next year.

$QCOM {{ '2017-07-19T21:27:34+0000' | timeago}} • Announcement

For 4Q17 $QCOM expects its revenue to be in the range of $5.4-6.2Bil. The company expects its diluted EPS to be about $0.55-0.65 and non-GAAP EPS to be in the range of $0.75-0.85. This guidance does not include QTL revenues related to the sale of $AAPL products by Apple’s contract manufacturers

$QCOM {{ '2017-07-19T21:23:19+0000' | timeago}} • Announcement

$QCOM's 3Q17 results were negatively impacted due to the actions taken by $AAPL's contract manufacturers, who failed to fully report and not pay royalties due on the sales of $AAPL products. Due to this the company did not provide certain metrics of its QTL business, which include total device sales and related estimated ranges of device shipment.

$QCOM {{ '2017-07-19T21:08:44+0000' | timeago}} • Announcement

$QCOM, that is facing several litigation issues, posted 40% drop in 3Q17 earnings, mainly due to the bitter legal battle with $AAPL, who did not report and pay royalties. Revenues fell 11% YoY to $5.4Bil. Net income were $0.9Bil, or $0.58 per share, down 40% from $1.4Bil, or $0.97 per share in 3Q16. Excluding items, $QCOM earned $0.83 per share.

$AAPL {{ '2017-07-19T12:49:32+0000' | timeago}} • Announcement

Isabel Ge Mahe, VP of Wireless Technologies, has been named $AAPL's VP and MD of Greater China business, reporting to CEO Tim Cook and COO Jeff Williams. In this newly created role, Ge Mahe will provide leadership and coordination across Apple’s China-based team. She will assume her new role, based in Shanghai, later this summer.

$GS {{ '2017-07-19T11:22:37+0000' | timeago}} • Webcast

$GS advised a number of important transactions that were announced during 2Q17, including $BCR's $24Bil sale to $BDX. $AMZN's $13.7Bil acquisition of $WFM, and $DFT's $7.6Bil merger with $DLR.

$V {{ '2017-07-18T15:19:39+0000' | timeago}} • Announcement

To boost digital and mobile payments, $V and $PYPL extended their partnership in Europe as they have done in the US and Asia-Pacific regions. PayPal will use its banking license in Europe to offer Visa accounts. Visa and PayPal already extended their partnership in early April across Asia-Pacific to accelerate digital and mobile payments.

$PYPL {{ '2017-07-18T14:38:26+0000' | timeago}} • Announcement

$PYPL acquired multi-channel bill payment processor TIO Networks Corp. for $2.64 per share in cash or an approx. $238MM equity value. TIO will operate as a separate service within $PYPL under the leadership of Hamed Shahbazi, VP of Bill Pay & General Manager, PayPal Canada Bill Pay Services, reporting to John Kunze, VP of $PYPL.

$WRK {{ '2017-07-17T20:42:46+0000' | timeago}} • Announcement

$WRK completed its acquisition of the assets of Island Container Corp. and Combined Container Industries LLC, which together are independent producers of corrugated boxes, sheets and point-of-purchase displays.

$CAR {{ '2017-07-17T13:54:53+0000' | timeago}} • Announcement

Car Rental operator $CAR said it has integrated $AMZN’s voice platform Alexa to allow travelers to book and manage car rental reservations with ease.  Avis is the first car rental company to offer the service.

$EBAY {{ '2017-07-13T13:29:13+0000' | timeago}} • Announcement

$EBAY and $SHOP extend merchant reach with new sales channel. $SHOP merchants will soon be able to list and sell their products on $EBAY directly from their $SHOP account. The eBay sales channel is expected to be available in Fall 2017 for Shopify merchants selling in USD in the United States.

$IT {{ '2017-07-13T12:15:11+0000' | timeago}} • Announcement

According to preliminary results by $IT, Worldwide PC shipments totaled 61.1MM units in 2Q17, a 4.3% decline from last year. Shipments in 2Q17 were the lowest quarter volume since 2007. $HPQ reclaimed the top position from Lenovo in the worldwide PC market in 2Q17, followed by $DELL and $AAPL succeeding in third and fourth place.

$AMZN {{ '2017-07-12T13:51:52+0000' | timeago}} • Announcement

$AMZN said on Prime Day 2017, held on July 11, sales surpassed Black Friday and Cyber Monday. The Prime Day 2017 event grew by more than 60% compared to 2016, and sales growth by small businesses and entrepreneurs was even higher. Purchases made on Prime Day 2017 were more than 50% higher than the prior year.

$AMD {{ '2017-07-11T13:25:55+0000' | timeago}} • Announcement

$AMD unveils AMD4U, a program designed to offer to PC buyers some of best creative tools and gaming applications optimized for AMD processors and graphics.

$AMZN {{ '2017-07-10T11:06:10+0000' | timeago}} • Announcement

$AMZN plans to open a new fulfillment center in Orlando, Fla. When the site opens in 2018, $AMZN will create 1,500 new full-time jobs with benefits and opportunities to engage with Amazon Robotics in a highly technological workplace.

$MLHR {{ '2017-07-06T15:37:23+0000' | timeago}} • Webcast

$MLHR expects to achieve its cost saving target - up to $25-30MM over the coming years - through workforce reduction and a range of activities such as cutting down travel and entertainment expenses. The other major cost-saving initiatives in the pipeline are facilities consolidation and logistics optimization.

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