New Products, Stock Price Movements, and Acquisitions - Research Report on IBM, SanDisk, Autodesk, CenturyLink, and Imperva
NEW YORK, November 26, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Today, Analysts' Corner announced new research reports highlighting International Business Machines Corp. (NYSE: IBM), SanDisk Corporation (NASDAQ: SNDK), Autodesk, Inc. (NASDAQ: ADSK), CenturyLink, Inc. (NYSE: CTL), and Imperva Inc. (NYSE: IMPV). 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 Corp. Research Report
On November 21, 2013, International Business Machines Corp. (IBM) announced that it is testing a new cloud computing innovation along with Marist College that could help prevent disruptions in voice and data communications services caused by hurricanes and other natural disasters. IBM reported that in a major weather event, data network operators may have just a few hours or even less to protect critical communications systems before disaster strikes, but moving voice and data application and services to a safe location (a process called re-provisioning) may take days. IBM further added that its cloud computing disaster prevention invention, which the Company is testing with Marist, could reduce re-provisioning time from days to minutes, thus avoiding network disruptions and outages. IBM informed that the technology is now being demonstrated to clients and is expected to be commercially available in 2014. The Full Research Report on International Business Machines 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/1c4d_IBM
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SanDisk Corporation Research Report
On November 21, 2013, SanDisk Corporation's (SanDisk) stock rose 1.74%, ending the day at $67.40. Over the previous three trading sessions, shares of SanDisk declined 1.84% compared to the Nasdaq Composite which gained 0.51% during the same period. The Full Research Report on SanDisk Corporation - 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/5a87_SNDK
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Autodesk, Inc. Research Report
On November 21, 2013, Autodesk Inc. (Autodesk) reported its Q3 FY 2014 financial results (period ended October 31, 2013). The Company's total revenue increased 1.3% YoY to $555.2 million during the quarter. Net income was $57.6 million or $0.25 per diluted share in Q3 FY 2014, compared to net income of $29.4 million or $0.13 per diluted share in Q3 FY 2013. Carl Bass, Autodesk President and CEO, said, "Our third quarter was marked by strong growth in suites and solid execution across Architecture, Engineering and Construction (AEC) and Manufacturing. Continued global adoption of building information modeling (BIM) drove double-digit growth within our AEC business. Our Manufacturing segment benefited from greater demand for our design and digital manufacturing tools, as well as continued momentum within the automotive industry. We continue to see steady adoption of our new cloud and mobile-based services, which complement our Design and Creation suites." The Full Research Report on Autodesk, 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/3663_ADSK
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CenturyLink, Inc. Research Report
On November 19, 2013, CenturyLink, Inc. (CenturyLink) announced its acquisition of Tier 3, a provider of public cloud services based in Seattle area. The Company reported that Tier 3's cloud platform is immediately available as "CenturyLink Cloud." CenturyLink further informed that Tier3's products, roadmap, and vision, are now the foundation of CenturyLink's cloud strategy and anchor the new CenturyLink Cloud Development Center. CenturyLink noted that this acquisition builds on its earlier AppFog acquisition and existing cloud solutions, which are complemented by CenturyLink's colocation and network offerings. Jeff Von Deylen, President of CenturyLink's Savvis organization, said, "Our mission is to provide world-class managed services to global businesses on virtual, dedicated and colocation infrastructures. Tier 3's innovative automation and self-service platform are game-changing for our global enterprise clients. From greenfield development to mission-critical apps, businesses have a trusted technology partner to seize new market opportunities. This acquisition underscores our continued commitment to delivering the most complete portfolio of cloud services." Financial terms of the transaction were not disclosed. The Full Research Report on CenturyLink, 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/e68f_CTL
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Imperva Inc. Research Report
On November 21, 2013, Imperva Inc.'s (Imperva) stock rose 9.43%, ending the day at $41.18. Over the previous three trading sessions, shares of Imperva gained 6.13% compared to the S&P 500 which gained 0.24% during the same period. The Full Research Report on Imperva 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/4035_IMPV
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