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Zacks News
BCE Acquires Distributel to Boost Internet Services in Canada
by Zacks Equity Research
BCE announces the acquisition of Distributel to expand its reach in the Canadian markets.
Seagate's (STX) Lyve Cloud Services Offered by Climb Channel
by Zacks Equity Research
Lyve Cloud is Seagate's (STX) storage-as-a-service platform (only S3-compatible) designed to help businesses manage unstructured data growth
Ciena (CIEN) Q3 Earnings & Revenues Miss Estimates, Down Y/Y
by Zacks Equity Research
Ciena's (CIEN) Q3 revenues are affected by lingering supply chain issues.
Lumen (LUMN) Debuts New Solutions for Managing Enterprise SASE
by Zacks Equity Research
Lumen (LUMN) states that the combination of Lumen SASE Solutions and the Lumen SASE Manager will help customers to tighten cybersecurity and upgrade their network.
Seagate (STX) Slashes Q1 Outlook Amid Macroeconomic Weakness
by Zacks Equity Research
Seagate (STX) now expects revenues to be $2.1 billion (+/- $100 million) against the previous guidance of $2.5 billion (+/- $150 million) for the first quarter of fiscal 2023.
Pure Storage (PSTG) Q2 Earnings Beat, Revenues Rise Y/Y
by Zacks Equity Research
Pure Storage's (PSTG) Q2 results gain from strong subscription services and revenue growth in domestic and international segments amid a challenging macroeconomic backdrop.
Generac Holdings' (GNRC) DERMS Solution Used by Dominion Energy
by Zacks Equity Research
Generac Holdings (GNRC) Concerto platform leveraged by Dominion Energy Virginia to improve grid stability.
SONY Plans to Tap Mobile Gaming Market With Savage Game Buyout
by Zacks Equity Research
Sony announces the acquisition of Savage Game Studios for an undisclosed amount to further bolster its mobile gaming efforts.
SONY Raises Price of PS5 Amid Global Economic Challenges
by Zacks Equity Research
SONY announces raising the price of its PlayStation 5 (PS5) console due to rising inflation and weakness in yen.
Onto Innovation (ONTO) Sets Up Training Center to Aid Clients
by Zacks Equity Research
Onto Innovation (ONTO) announces a new training center in South Korea to aid its clients across Asia in utilizing its diversified portfolio of solutions.
NetApp (NTAP) Q1 Earnings & Revenues Top Estimates, Up Y/Y
by Zacks Equity Research
NetApp (NTAP) first-quarter performance benefits from strong revenue growth for the Hybrid and Public Cloud business segments.
Aspen's (AZPN) Artificial IoT Solutions Used by Birla Carbon
by Zacks Equity Research
Aspen Technology's (AZPN) AIoT solution being leveraged by Birla Carbon to scale enterprise visibility across nine manufacturing sites globally.
Lumen's (LUMN) Sale of ILEC to Brightspeed Approved by FCC
by Zacks Equity Research
Lumen Technologies' (LUMN) sale of the company's ILEC operations in 20 states to Brightspeed has been approved by FCC.
Should Investors Retain CDW Stock Post Q2 Earnings Release?
by Zacks Equity Research
CDW performance is gaining from solid demand for its hardware and software products. However, high debt load and increasing expenses are major concerns.
SONY Reportedly Faces Lawsuit Due to Higher Pricing in UK
by Zacks Equity Research
Sony faces lawsuit due to overpricing millions of PlayStation customers in the UK, per a Financial Times report.
Blackbaud (BLKB) Acquires Kilter to Support TeamRaiser App
by Zacks Equity Research
Blackbaud (BLKB) announces the acquisition of Kilter to expand activity-based peer-to-peer fundraising engagement.
Should Investors Retain America Movil (AMX) in their Portfolio?
by Zacks Equity Research
America Movil (AMX) expects to gain from increasing broadband client base. However, increasing costs and leveraged balance sheets remain a concern.
Here's Why Watts Water (WTS) Seems a Good Investment Bet
by Zacks Equity Research
Watts Water Technologies' (WTS) performance is benefiting from its focus on organic growth and productivity enhancement initiatives.
Here's Why Investors Should Retain NetApp (NTAP) Stock For Now
by Zacks Equity Research
NetApp's (NTAP) performance is driven by continued strength in Hybrid Cloud and Public Cloud segments.
Badger Meter (BMI) Up 13.1% Since Last Earnings Report: Can It Continue?
by Zacks Equity Research
Badger Meter (BMI) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Here's Why Onto Innovation (ONTO) is an Attractive Bet Now
by Zacks Equity Research
Onto Innovation (ONTO) is likely to benefit from higher demand across several end markets, particularly advanced nodes, specialty devices and advanced packaging.
Cadence (CDNS) & GF Tie Up to Boost 5G Design & Innovation
by Zacks Equity Research
Cadence Design Systems (CDNS) and GlobalFoundries (GF) collaborate to accelerate 5G mobile design.
The Zacks Analyst Blog Highlights Westlake, Badger Meter, Vermilion Energy, Magic Software and CI Financial
by Zacks Equity Research
Westlake, Badger Meter, Vermilion Energy, Magic Software and CI Financial are included in this Analyst Blog.
SAP's Litmos Solutions to be Acquired by Francisco Partners
by Zacks Equity Research
SAP SE (SAP) is selling off its Litmos solutions due to overlap in functionality with SuccessFactors Learning solution
Generac (GNRC) Awarded Contract by Arizona Public Service
by Zacks Equity Research
Generac Holdings (GNRC) awarded contract by APS to leverage Concerto and improve grid capacity.