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Stock Market & Financial Investment News

News Breaks
January 17, 2014
07:30 EDTHLIT, ENTR, TWER, ENVI, ARRS, SEAC, RENTBarclays to hold a conference
Cable Industry Investor Conference is being held in New York on January 17.
News For ARRS;ENTR;RENT;ENVI;HLIT;SEAC;TWER From The Last 14 Days
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November 21, 2014
07:09 EDTRENTRentrak granted two new U.S. patents
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November 20, 2014
07:20 EDTRENTFurey Research Partners to hold a conference
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November 19, 2014
12:43 EDTRENTRentrak weakness on Nielsen news misplaced, says Brean Capital
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November 18, 2014
17:06 EDTARRSConcurrent names Derek Elder as CEO, effective November 21
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12:38 EDTRENTRentrak management to meet with Sidoti
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November 12, 2014
07:47 EDTARRSARRIS sell-off on net neutrality concerns seems overdone, says Stephens
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07:45 EDTARRSARRIS should be bought on weakness, says RBC Capital
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November 11, 2014
08:09 EDTHLITHarmonic makes strategic investments in cloud companies
Harmonic announced that the company has made significant investments in Encoding.com, the world's largest video transcoding service, and VJU, one of the first companies to provide cloud-enabled playout solutions to the broadcast and pay-TV industries. Having a financial stake in Encoding.com and VJU strengthens Harmonic's ability to offer highly flexible and scalable cloud-based services that provides amazing video quality and dramatically simplified cloud-based operations. In addition to making a significant equity investment in VJU, Harmonic has signed a reseller agreement with the company, through which Harmonic will distribute its cloud playout solutions to the broadcast and pay-TV industries. VJU plans to use the Harmonic funding to continue making enhancements to its core product, expand cloud-based playout infrastructure, enhance quality of service, and support and grow its partnership network.
November 10, 2014
16:05 EDTTWERTowerstream sees Q4 Fixed Wireless adjusted EBITDA $3.1M-$3.4M
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16:03 EDTTWERTowerstream reports Q3 EPS (9c), consensus (10c)
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15:55 EDTARRSNeedham to hold a conference
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13:32 EDTENTREntropic upgraded to Hold from Sell at Stifel
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07:20 EDTENTREntropic announces restructuring plan, to eliminate about 200 jobs
Entropic also announced its strategy to refocus on its core Connectivity businesses, which include MoCA, or Multimedia over Coax Alliance, direct broadcast satellite outdoor unit, or DBS ODU, and broadband access. Entropic will continue to pursue design wins for all set-top box system-on-a-chip, or SoC, products in production or already commercialized and will continue to invest to support those programs, but the Company will discontinue all new set-top box SoC product development. Entropic believes the set-top box SoC business will contribute meaningful revenue for the next three years or more, based on design wins currently in the pipeline and the products it has already brought to market.To advance its refocused strategy, Entropic is implementing a restructuring plan that it expects to substantially complete within the current quarter. The restructuring plan is expected to result in a workforce reduction of approximately 200 positions, constituting approximately 40% of Entropic's global workforce and includes closing facilities in Shanghai, China, Belfast, Northern Ireland and San Jose, CA. As a result of the restructuring plan, beginning in 1Q15, Entropic expects to realize approximately $11M in non-GAAP quarterly savings, primarily in operating expenses, with annualized non-GAAP savings projected at $44M. Entropic estimates it will incur pre-tax GAAP charges of between $9.0M-$11.0M in connection with the restructuring plan, the majority of which will be recorded during Q4. The company is continuing to actively explore strategic alternatives to enhance shareholder value.
07:17 EDTENTREntropic reports CEO Patrick Henry terminated without cause
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07:12 EDTENTREntropic reports Q3 EPS (11c), consensus (14c)
Reports Q3 revenue $43.2M, consensus $45.14M.
07:04 EDTRENTRentrak expands Weigel broadcasting partnership
Rentrak announced a contract expansion with Weigel Broadcasting to provide local market TV ratings to stations WCIU, WWME and WMEU in Chicago, and WDJT, WMLW, WBME and WYTU in Milwaukee. Rentrak already provides ratings and Automotive Advanced Demographic information to Weigel's stations in South Bend and renews them as a part of this expansion agreement.

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