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Zacks News
CGI (GIB) to Develop Cloud-Powered Flight Data Recorder
by Zacks Equity Research
CGI (GIB) will be working with a consortium of developers to build a cloud-powered Universal Virtual Flight Data Recorder (UVFDR) system to improve aircraft tracking, data recovery and flight safety.
Sonos (SONO) Cuts Workforce to Optimize its Cost Structure
by Zacks Equity Research
Sonos (SONO) is set to reduce its workforce by approximately 7%, lessen its real estate footprint and re-evaluate certain program expenses.
ANSYS (ANSS) Solutions to Help NIMS Achieve Sustainability Goals
by Zacks Equity Research
ANSYS (ANSS) and NIMS partner to create a valuable resource for Japanese manufacturers to integrate more sustainable components into their aircraft engine development.
SONY Increases 30% YTD: Will the Upward Trend Continue?
by Zacks Equity Research
SONY's performance is gaining from momentum in the GN&S, Music and Pictures segments.
Synopsys (SNPS) & Samsung Collaborate on IP Portfolio Design
by Zacks Equity Research
Synopsys (SNPS) expands its long-standing relationship with Samsung to develop the broad portfolio of intellectual property, reducing design risks and accelerating time to silicon success.
Sabre (SABR) & Air Canada Sign Multi-Year Distribution Deal
by Zacks Equity Research
Sabre (SABR) enters into a multi-year agreement with the North American air carrier, Air Canada, under which the company will provide its Global Distribution System solution.
ANSYS (ANSS), Rolls-Royce & Intel to Transform Turbine Engine
by Zacks Equity Research
ANSYS (ANSS) collaborates with Rolls-Royce and Intel to reduce the simulation time for the thermo-mechanical model of Rolls-Royce's gas-turbine engine.
BCE's Subsidiary Bell Implements Restructuring Measures
by Zacks Equity Research
BCE's subsidiary Bell plans to cut 1,300 jobs owing to challenges faced by the media industry and a decline in revenues in its legacy phone.
Guidewire (GWRE) Gains 16% YTD: Will the Uptrend Continue?
by Zacks Equity Research
Guidewire's (GWRE) performance is gaining from continued momentum in Guidewire cloud as well as higher revenues from Subscription and support business segment.
ANSYS (ANSS) Stock Gains 38% YTD: Will the Uptrend Continue?
by Zacks Equity Research
ANSYS' (ANSS) performance is gaining from robust demand for its solutions across various verticals like aerospace and defense, high-tech and automotive.
Cadence (CDNS) & Samsung Foundry Expand Design IP Partnership
by Zacks Equity Research
Cadence (CDNS) collaborates with Samsung Foundry to help mutual customers with access to a wide-ranging design IP portfolio on SF5A technology.
Lumen's (LUMN) ExaSwitch to Transform Network Interconnection
by Zacks Equity Research
Lumen (LUMN) partners with Google and Microsoft to develop ExaSwitch, enabling participants to configure and establish connectivity with other participants
Cadence (CDNS) Gains 45% YTD: Will the Uptrend Continue?
by Zacks Equity Research
Cadence's (CDNS) performance is gaining from robust customer demand amid increasing design activity.
VeriSign (VRSN) Q1 Domain Name Registrations Rise 1% Y/Y
by Zacks Equity Research
VeriSign (VRSN) processes 10.3 million new domain name registrations for .com and .net in the first quarter compared with 10.2 million in the year-ago quarter.
Iridium (IRDM) Gains 23% YTD: Will the Uptrend Continue?
by Zacks Equity Research
Iridium's (IRDM) performance is gaining from increasing subscriber base and a robust demand for consumer-oriented devices.
PTC Extends Strategic Partnership With Rockwell Automation
by Zacks Equity Research
PTC partners with Rockwell Automation to help manufacturing companies optimize their operations and drive enhanced business outcomes.
Western Digital (WDC) Announces New Sustainability Goals
by Zacks Equity Research
Western Digital's (WDC) new goals focus on powering its entire operations using solely renewable energy sources by 2030.
Lumen (LUMN) Partners With Microsoft to Boost Hybrid Work
by Zacks Equity Research
Lumen (LUMN), in collaboration with Microsoft, is set to launch Operator Connect for Microsoft Teams Phone solution to provide easy connection and collaboration abilities for hybrid workforce for business organizations.
Guidewire's (GWRE) Cloud Platform Leveraged by Alberta Motor
by Zacks Equity Research
Guidewire's (GWRE) InsuranceSuite on Guidewire Cloud is selected by Alberta Motor to power its core systems and simplify IT operations.
Ciena (CIEN) Q2 Earnings & Revenues Top Estimates, Rise Y/Y
by Zacks Equity Research
Ciena's (CIEN) Q2 revenues benefit from improving supply-chain dynamics. However, Ciena lowers its revenue guidance for fiscal 2023.
BlackBerry (BB) Announces Partnership With Upstream Security
by Zacks Equity Research
BlackBerry (BB) collaborates with the automotive cybersecurity platform, Upstream Security, to boost security for connected vehicles.
ANSYS (ANSS) Assists Lufthansa Technik to Develop AeroSHARK
by Zacks Equity Research
ANSYS (ANSS) helps Lufthansa Technik to design and certify AeroSHARK, which reduces fuel consumption and carbon dioxide emissions.
Zoom Video (ZM) Users Can Now Access Free Versions of Zoom IQ
by Zacks Equity Research
Zoom Video (ZM) users can now access free trial versions of the latest Zoom IQ features, which leverage generative artificial intelligence technology.
Itron (ITRI) New Edge Gateway to Promote Utility Digitalization
by Zacks Equity Research
Itron (ITRI) launches Edge Gateway product line to facilitate efficient and sustainable management of energy.
Lumen (LUMN) Holds Investor Day: Key Takeaways & Objectives
by Zacks Equity Research
Lumen (LUMN) is set to achieve its key financial objectives by investing in customer experience, optimizing sales and channel operations, and embracing innovation.