Follow-On Offerings, New Appointments, Extended Industry Practice Team, Product Availability, and Community Project - Research Report on Shutterstock, Vantiv, SYNNEX, DG, and TeleTech Editor Note: For more information about this release, please scroll to bottom.
NEW YORK, September 25, 2013 /PRNewswire/ --
Today, Analysts' Corner announced new research reports highlighting Shutterstock, Inc. (NYSE: SSTK), Vantiv, Inc. (NYSE: VNTV), SYNNEX Corp. (NYSE: SNX), Digital Generation, Inc. (NASDAQ: DGIT), and TeleTech Holdings Inc. (NASDAQ: TTEC). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Shutterstock, Inc. Research Report
On September 19, 2013, Shutterstock, Inc. (Shutterstock) announced the pricing of its follow-on offering of 4.6 million common shares at a price to the public of $60.00 per share. The Company said that it is selling 1 million common shares in the offering, and existing stockholders, specifically Jon Oringer, Founder, CEO, and Chairman, and the principal stockholder of the Company, Insight Venture Partners, are selling 3.6 million common shares in this offering. Shutterstock reported that the Company and its existing stockholders granted the underwriters an option to purchase up to an additional 690,000 shares of common stock. According to Shutterstock, the primary reason for the offering is to increase its public float, capitalization and financial flexibility, and to facilitate an orderly distribution of shares for the selling stockholders. Shutterstock said that while it will not receive any of the proceeds from the sale of shares by the selling stockholders, it intends to use the proceeds received from the shares sold by the Company for general corporate purposes, including working capital and capital expenditures. The Full Research Report on Shutterstock, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/76a4_SSTK]
Vantiv, Inc. Research Report
On September 17, 2013, Vantiv, Inc. (Vantiv) announced the appointment of Daniela Mielke as the Company's Chief Strategy Officer. Vantiv reported that Mielke, who is a former PayPal and Visa executive, will be responsible for leading the development and oversight of Company strategy in support of Vantiv's growth objectives and to help drive product innovation, profitability, revenue, and scale throughout the organization. Mielke commented, "Vantiv is a company on the move, and I am pleased to be joining at such a unique time in its growth. They are at the vanguard of the payment processing industry, and I look forward to contributing to the next phase of the company's history." The Full Research Report on Vantiv, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/d900_VNTV]
SYNNEX Corp. Research Report
On September 18, 2013, SYNNEX Corp.'s (SYNNEX) wholly-owned subsidiary, Concentrix Corporation (Concentrix), announced that it has formed an extended Industry Practice team that focuses on innovation and investment in industry verticals, particularly Banking, Insurance, and Health Care. Earlier on 10 September 2013, SYNNEX had announced an agreement to acquire IBM's worldwide customer care business, which will be combined with Concentrix. According to the Company, in preparation for the new expanded organization, post closure of the deal with IBM, Concentrix President Chris Caldwell said that the extended Industry Practice team has been formed to drive new investments and offerings in Concentrix' key industry verticals. Chris stated, "The IBM transaction is anticipated to bring extensive experience and expertise in these important verticals. Concentrix will continue to invest and lead in delivering high value services to these industry sectors. Providing leading solutions for clients in these key verticals is a strategic priority for Concentrix." The Full Research Report on SYNNEX Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/bd5e_SNX]
Digital Generation, Inc. Research Report
On September 18, 2013, Digital Generation, Inc. (DG) announced the availability of the Peer39 pre-bid page analysis toolset in Japan through Peer39 partners Brandscreen, MediaMath and Turn, with full contextual data available in the Japanese language. Alex White, GM Data and Trading at DG, said, "We're pleased to bring the industry's most sophisticated verification technology to the Japanese market, the second biggest advertising marketing in the world." White continued, "Japanese advertisers and those marketing to Japanese consumers will now have outstanding control over both the context in which their ads appear and the level of visibility their placements provide. Peer39 data assists in protecting brands and driving higher ROI for our customers and partners." The Full Research Report on Digital Generation, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/6042_DGIT]
TeleTech Holdings Inc. Research Report
On September 19, 2013, TeleTech Holdings Inc. (TeleTech) announced that it has set up a temporary donation center at their Colorado headquarters in Englewood to support the overwhelming response to yesterday's Colorado Flood Relief fundraiser. TeleTech informed that current Denver Broncos Mitch Unrein and Ben Garland teamed with Broncos alumni Steve Foley, Reggie Rivers, Mike Harden, and Le-Lo Lang, and 200 employee volunteers from TeleTech and neighboring companies to answer nearly 7,000 donation calls and gathered over $1 million dollars to support victims of the Colorado Floods. TeleTech reported that 100% of the proceeds will be distributed to the Colorado chapters of the American Red Cross and to Community Food Share. The Full Research Report on TeleTech Holdings Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/4d78_TTEC]
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