Industry-First Solutions, Approved Stockholder Rights Plan, and Awards - Research Report on IBM, Rackspace, Riverbed, FIS, and Wipro
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15 Nov, 2013, 08:00 ET
NEW YORK, November 15, 2013 /PRNewswire/ --
Today, Analysts' Corner announced new research reports highlighting International Business Machines Corporation (NYSE: IBM), Rackspace Hosting, Inc. (NYSE: RAX), Riverbed Technology, Inc. (NASDAQ: RVBD), Fidelity National Information Services, Inc. (NYSE: FIS), and Wipro Limited (NYSE: WIT). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
International Business Machines Corporation Research Report
On November 12, 2013, International Business Machines Corporation (IBM) announced that it has unveiled the IBM Analytics Talent Assessment, an online platform which provides university students with data-driven insights designed to help narrow Big Data and Analytics skills gap. "Information is a powerful natural resource that will play an essential role in defining and creating the jobs of the future," said Mike Rhodin, Senior Vice President of IBM Software Solutions Group. "IBM is dedicated to advancing data-driven insights to transform the skills for our future workforce. By arming them with the necessary tools and resources, we will help enable them to become world-class analytics leaders who will transform industries around the globe." The Full Research Report on International Business Machines Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
Rackspace Hosting, Inc. Research Report
On November 11, 2013, Rackspace Hosting, Inc. (Rackspace) reported Q3 2013 financial results. In Q3 2013, the Company's net revenue was up 3.4% YoY to $388.6 million. Q3 2013 net income was $16.3 million, or $0.11 per diluted share, compared with $27.2 million, or $0.19 per diluted share, in Q3 2012. In Q3 2013, Rackspace reported a total server count of 101,967, increasing from 98,884 servers at the end of Q2 2013. The Full Research Report on Rackspace Hosting, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
Riverbed Technology, Inc. Research Report
On November 11, 2013, Riverbed Technology, Inc. (Riverbed) announced that its Board of Directors has unanimously adopted a stockholder rights plan, and has also declared a dividend distribution of one preferred share purchase right on each outstanding share of Riverbed's common stock. Under the Rights Plan, one preferred stock purchase right will be issued by the Company for each outstanding share of the Company's common stock at the close of business on November 21, 2013. Riverbed further informed that each right entitles shareholders to buy 1/1000 of a share of a new Series A participating preferred stock at an exercise price of $75. According to the guiding terms of the plan, the rights plan will expire on November 11, 2014. The Full Research Report on Riverbed Technology, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
Fidelity National Information Services, Inc. Research Report
On November 6, 2013, Fidelity National Information Services, Inc. (FIS) announced that it was ranked No.1 on the FinTech 100, for the third consecutive year. The FinTech 100 is an annual listing of the top technology provider to the financial services industry, compiled by American Banker, Bank Technology and IDC Financial Insights. "The FinTech 100 ranking is the most comprehensive global ranking of technology providers to the financial services industry, and FIS has held the top spot now for three years running," said Karen Massey, Senior Analyst of Banking at IDC Financial Insights. "FIS has in fact been among the top three for nine of the 10 years the FinTech 100 has existed, demonstrating leadership among this elite group of vendors by delivering effective, efficient, innovative solutions to the market." The Full Research Report on Fidelity National Information Services, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
Wipro Limited Research Report
On October 22, 2013, Wipro Limited (Wipro) reported Q2 FY 2014 (period ended September 30, 2013) financial results. The Company generated revenues from continuing operations of INR109.9 billion (approximately $1.7 billion), up 3.1% YoY. Q2 FY 2014 profit attributable to equity holders of Wipro was INR19.3 billion ($309 million), up 20.1% YoY. "There are positive indicators on the global economy. Client confidence is on the uptick and we see it reflected in our results," said Azim Premji, Chairman of Wipro. For Q3 FY 2014 (ending December 31, 2013), the Company expects revenues of $1.66 billion to $1.69 billion from its IT Services business. The Full Research Report on Wipro Limited - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
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