Product Launches and Earning Reports Driving Technology Movers: Unisource, Plug Power, TiVo, HEICO, Microsoft
CORAL SPRINGS, Florida, August 28, 2013 /PRNewswire/ --
FinancialNewsMedia.com issues news updates for today's leaders in the technology sector with Product Launches or Earning Reports: Unisource Corporation (OTC: USRC), Plug Power Inc. (NASDAQ: PLUG), TiVo Inc. (NASDAQ: TIVO), HEICO Corporation (NYSE: HEI) and Microsoft Corporation (NASDAQ: MSFT)
Unisource Corporate Corporation (USRC) today announced that Box Brothers, Inc. has signed a license platform agreement with its subsidiary Visionship, Inc, and will be deploying Visionship G3 Transportation Management System (TMS) as a Software as a Service (Saas) to all Box Brother locations. For more than 25 years, California-based Box Brothers has been a leader in the relocation of personal property nationally. Box Brothers is renowned for its expertise in small moves, freight shipping, and professional packing services. Unisource's intuitive Cloud-Based Software as a Service platform, Visionship G3, will now actively manage all in-transit shipments within Box Brothers operations; including all pick-ups and deliveries. Visionship G3 will vastly reduce Box Brothers' shipping logistics and operational costs by providing automated intuitive shipment exception management, industry leading carrier rates, immediate visibility across all 20-plus locations of the Box Brothers enterprise, along with the ability to take Box Brothers' entire shipping and supply chain operations paperless, as well as to the Cloud.
To read the entire press release, please go to http://fnmprofiles.com/profiles-usrc.php
"Visionship already provides us with multi-modal cost saving carrier rates, and now Visionship G3 will intuitively manage and provide us with increased visibility of our entire in-transit operation," stated Charles Rucker, Director of Operations at Box Brothers. "We expect the system to greatly enhance our customer service, while further reducing our labor and shipping costs."
Plug Power Inc. (PLUG), recently announced it has been awarded a $650,000 contract from the U.S. Department of Energy to demonstrate the use of hydrogen-based fuel cells to power the refrigeration units in semi-trailer trucks that transport perishable and frozen foods. Plug Power was selected by the Fuel Cell Technologies Office within the U.S. Department of Energy (DOE) Office of Efficiency and Renewable Energy (EERE) to showcase its fuel cells in transport refrigeration units (TRUs). These units are large air conditioners that regulate cold temperatures for items such as frozen pizza, fruits, vegetables, meats, dairy products and other goods that must be kept chilled or frozen during transport from distribution centers to retail destinations.
TiVo Inc. (TIVO) announced the highest net revenue and profit in the company's history and strong subscriber growth, causing the company to predict profits ahead for the foreseeable future. The company, which has mostly posted losses since the second half of 2009, said results for its second fiscal quarter and ongoing royalty payments stemming from patent litigation eased doubts about its long-term profitability. "Everyone has been asking that question about TiVo for a decade," said Tom Rogers, TiVo's chief executive, in an interview. Besides the growth, Mr. Rogers said the improvements in its financial footing will help TiVo invest in more research, buy back stock and market its new products. Read the full article here: http://online.wsj.com/article/SB10001424127887323906804579039341360476548.html
HEICO Corporation (HEI) reported that net income increased 25% to a record $28.9 million, or 54 cents per diluted share, for the third quarter of fiscal 2013, up from $23.1 million, or 43 cents per diluted share, for the third quarter of fiscal 2012. For the first nine months of fiscal 2013, net income increased 18% to a record $72.6 million, or $1.36 per diluted share, up from $61.4 million, or $1.15 per diluted share, for the first nine months of fiscal 2012. Operating income increased 14% to a record $48.4 million in the third quarter of fiscal 2013, up from $42.5 million in the third quarter of fiscal 2012. For the first nine months of fiscal 2013, operating income increased 9% to a record $128.0 million, up from $117.7 million for the first nine months of fiscal 2012. Read the full press release at http://finance.yahoo.com/news/heico-corporation-reports-record-net-211416020.html
Microsoft Corporation (MSFT) is moving to reassure employees that a reorganization plan by departing CEO Steve Ballmer will go ahead. Cory Johnson has more on Bloomberg Television's "Bloomberg West". Watch the video on Bloomberg.com by visiting: http://www.bloomberg.com/video/will-a-new-microsoft-ceo-stick-to-ballmer-s-plan-E1QGrygVQomSnHqs2jJ2pw.html
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