$PLUS (ePlus inc.)

$PLUS {{ '2016-08-19T14:34:02+0000' | timeago}} • Announcement

$PLUS said its BoD has authorized the company to repurchase up to 500,000 shares of $PLUS outstanding common stock over a 12-month period commencing Aug. 19, 2016. The company's former repurchase plan expired Aug. 16, 2016. $PLUS had about 7.1MM shares of common stock outstanding as of July 29, 2016.

$AMZN {{ '2018-01-16T15:26:43+0000' | timeago}} • Announcement

Amazon Web Services, Inc., an $AMZN company, announced that Comcast Cable has selected AWS as its preferred public cloud infrastructure provider. Comcast Cable will expand its use of AWS by migrating material workloads and building new applications on AWS.

$IBM {{ '2018-01-12T12:40:09+0000' | timeago}} • Announcement

$IBM appointed James Kavanaugh as SVP and CFO effective Jan. 11, 2018 to replace Martin Schroeter. Schroeter will take a new role as SVP, Global Markets, effective Jan. 11, 2018. Kavanaugh is currently SVP, Finance and Operations, and served as $IBM's VP and Controller from 2008 to 2015.

$SSNC {{ '2018-01-11T17:27:37+0000' | timeago}} • Announcement

$SSNC agreed to buy $DST. $SSNC expects $150MM of run-rate cost savings annually, achieved by 2020. The transaction is expected to be immediately accretive to its adjusted EPS before synergies, and is expected to result in mid-teens earnings growth in 2019.

$SSNC {{ '2018-01-11T17:26:17+0000' | timeago}} • Announcement

$SSNC agreed to buy $DST in an all-cash transaction for $84 per share plus assumption of debt, equating to an enterprise value of about $5.4Bil. $SSNC plans to fund the acquisition and refinance existing debt with a combination of debt and equity. Both $SSNC's and $DST's BoD have approved the transaction, and it is expected to close by 3Q18.

$AMZN {{ '2018-01-10T15:44:31+0000' | timeago}} • Announcement

$AMZN announced the Virtual Dash Button Service (VDBS), an SDK that allows third parties to offer virtual Dash Buttons on their screened devices. Virtual Dash Buttons are shortcuts that allow Prime members to quickly find and reorder products from a selection of millions of eligible products.

$AMZN {{ '2018-01-10T15:44:18+0000' | timeago}} • Announcement

$AMZN has added device makers including HP, Kenmore, 3M’s Filtrete brand, Epson, and Blustream to its Dash Replenishment program. Dash Replenishment enables smart, connected devices to measure supply consumption through inputs, including infrared and other sensor arrays. It then signals an automatic reorder of supplies before they run out.

$AMZN {{ '2018-01-10T14:30:13+0000' | timeago}} • Announcement

$AMZN said more than 300,000 US-based small and medium-sized businesses joined the Amazon Marketplace in 2017 and SMBs on $AMZN sold billions of items to customers around the world. Half of the items sold on $AMZN are from SMBs, many of whom choose to use Fulfillment by Amazon. In 2017, FBA shipped billions of items for SMBs worldwide.

$SNX {{ '2018-01-10T13:05:40+0000' | timeago}} • Announcement

Business process services company $SNX said its COO Dennis Polk will take up the positions of President and CEO, to succeed Kevin Murai who will be retiring soon. Polk, who joined the company in 2002 as SVP of Corporate Finance, was promoted to the post of COO in 2006. Dwight Steffensen was appointed as Lead Independent Director.

$SNX {{ '2018-01-09T21:52:23+0000' | timeago}} • Announcement

$SNX announced that its BoD declared a quarterly cash dividend of $0.35 per common share, payable on January 31, 2018 to stockholders of record as of January 19, 2018.

$SNX {{ '2018-01-09T21:50:27+0000' | timeago}} • Announcement

For 1Q18, $SNX expects revenue to be $4.35-4.55Bil. Net income is expected to be $64-67.8MM and on an adjusted basis, net income is expected to be $83.2-87MM. Diluted EPS is expected to be $1.58-1.68 and on an adjusted basis, diluted EPS is expected to be $2.06-2.15.

$SNX {{ '2018-01-09T21:42:12+0000' | timeago}} • Announcement

$SNX reported a 6.7% increase in 4Q17 earnings. Net income was $91.1MM or $2.26 per share compared to $85.3MM or $2.13 per share in 4Q16. Adjusted net income was $112.4MM or $2.79 per share in 4Q17. Revenue increased 36.7% to $5.31Bil compared to last year.

$MDRX {{ '2018-01-08T14:39:05+0000' | timeago}} • Announcement

$MDRX announced a definitive agreement to acquire Practice Fusion, for $100MM in cash, subject to adjustment for working capital and net debt. This transaction is targeted to close in Q1 of calendar 2018. Allscripts intends to fund the purchase price through its existing secured credit facilities and cash balances.

$AKAM {{ '2018-01-04T18:13:47+0000' | timeago}} • Announcement

$AKAM announced the appointment of Fari Ebrahimi as SVP and Chief Information Officer, effective immediately. Mr. Ebrahimi succeeds Kumud Kalia and he will report to CEO Dr. Tom Leighton. Mr. Ebrahimi joins $AKAM from Avaya. He will be based in $AKAM’s corporate headquarters in Cambridge, Massachusetts.

$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.

$ODP {{ '2018-01-04T11:32:34+0000' | timeago}} • Announcement

$ODP appointed Joseph T. Lower as Executive Vice President and Chief Financial Officer, effective January 8, 2018. In this new role, he will report directly to Chief Executive Officer Gerry Smith and will oversee all the financial aspects of the company. Lower succeeds Stephen E. Hare, who is retiring after four years in the role.

$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.

$IBM {{ '2017-12-29T11:01:53+0000' | timeago}} • Announcement

$IBM said it has reached an agreement to resolve the patent lawsuit with $PCLN pending in the United States District Court for Delaware. As part of the confidential settlement, the parties will obtain patent cross-licenses to each company’s worldwide patent portfolio.

$AMZN {{ '2017-12-26T14:47:40+0000' | timeago}} • Announcement

$AMZN celebrated its biggest holiday season. Prime membership continued to grow this holiday. In one week alone, more than 4MM people started Prime free trials or began paid memberships. More than 1Bil items were ordered from small businesses and entrepreneurs worldwide this season, with Echo Dot and Fire TV Stick being the top-selling products.

$AMZN {{ '2017-12-20T16:49:39+0000' | timeago}} • Announcement

$AMZN announced the launch of Mozilla Firefox and Amazon Silk browsers on all Amazon Fire TV devices in over 100 countries and territories. This gives customers access to popular sites such as Facebook, Twitter, news sites, video sharing services, and other sports, and entertainment content in addition to the existing movies and TV shows.

$T {{ '2017-12-20T13:55:23+0000' | timeago}} • Announcement

In recognition of vote by the U.S. House of Representatives to pass tax legislation, $T reiterated its plan to invest an additional $1Bil in the United States in 2018 if the bill is signed into law. $T CEO Randall Stephenson said this bill will spur much-needed investment and economic growth in the United States.

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