Milestones, Notes' Early Settlement, Advanced Technology Implementation, and Agreements - Analyst Notes on SS&C, Sanmina, Diebold, Iridium and 21Vianet
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NEW YORK, June 9, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding SS&C Technologies Holdings, Inc. (NASDAQ: SSNC), Sanmina Corporation (NASDAQ: SANM), Diebold, Incorporated (NYSE: DBD), Iridium Communications Inc. (NASDAQ: IRDM) and 21Vianet Group, Inc. (NASDAQ: VNET). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/3488-100free.
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SS&C Technologies Holdings, Inc. Analyst Notes
On June 3, 2014, SS&C Technologies Holdings, Inc. (SS&C) announced that it reached a milestone of 150 customers and 2,000 funds through the SS&C GlobeOp Regulatory Solutions Group, which assists funds of all types with Form PF, FATCA, AIFMD, and other compliance and reporting rules. The adoption of SS&C GlobeOp's regulatory solutions by hedge funds, fund of funds, private equity, and managed accounts is driven by several challenges which include growing competition for investors, tighter operating budgets, and the need for specialized talent and technology to handle new regulatory reporting requirements. Neil Berman, CFO from Claren Road Asset Management, LLC, a long/short credit manager, said, "SS&C GlobeOp has had a major impact in facilitating the regulatory reporting we need to provide. SS&C GlobeOp combines industry experience and cloud-based technology to help us effectively respond to inquiries and navigate compliance." The full analyst notes on SS&C are available to download free of charge at:
http://www.analystsreview.com/Jun-09-2014/SSNC/report.pdf
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Sanmina Corporation Analyst Notes
On June 4, 2014, Sanmina Corporation (Sanmina) announced early settlement of its previously announced tender offer and consent solicitation. The Company informed that tenders and consents from holders of $264,415,000 in aggregate principal amount of its 7% Senior Notes due 2019, representing approximately 52.9% of outstanding Notes, were received as of 5:00 p.m., New York City time, on June 3, 2014 (Early Tender and Consent Deadline). The Company stated that it will pay the Depository Trust Company on June 4, 2014 for all validly tendered Notes as of the Early Tender and Consent Deadline. Sanmina added that holders who have not tendered their Notes may do so until June 17, 2014, upto 11:59 p.m. New York City Time. The full analyst notes on Sanmina are available to download free of charge at:
http://www.analystsreview.com/Jun-09-2014/SANM/report.pdf
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Diebold, Incorporated Analyst Notes
On June 3, 2014, Diebold, Incorporated (Diebold) reported that it is implementing an advanced video technology at the Washington Trust Bank's branches to strengthen security measures. Diebold is replacing legacy digital video recorders (DVRs) with next generation IP technology that supports high-definition Internet Protocol (IP) cameras. The new electronic security solutions will enable the bank to view events in real time with clarity and accuracy to assess events, identify perpetrators, and dispatch authorities. The Company completed the DVR and IP camera enhancement projects at 15 Washington Trust Bank branches in 2013 and is managing similar technology projects at 21 branches in 2014. Tony Byerly, Executive Vice President, Electronic Security, Diebold, said, "Leveraging advanced video solutions to capture activities at its branches is elevating the role and levels of security for Washington Trust Bank." The full analyst notes on Diebold are available to download free of charge at:
http://www.analystsreview.com/Jun-09-2014/DBD/report.pdf
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Iridium Communications Inc. Analyst Notes
On May 29, 2014, Iridium Communications Inc. (Iridium) announced it extended its agreement to provide satellite connectivity to SkyBitz for the new SkyBitz as a Service (SBS) offering, which will provide customers with an innovative way to employ asset management solutions without any upfront capital investment. Iridium stated that it will provide connectivity that supports these solutions such as comprehensive trailer and asset information management and historical trend analytics. David Wigglesworth, Vice President and General Manager, Americas and Global Machine-to-Machine Service at Iridium, said, "We're extremely pleased to be the satellite connectivity provider for SBS. This next-generation service, coupled with Iridium's reliable global connectivity, can have a significant and positive impact on the bottom line of these businesses and enable them to accurately track assets no matter where they are located." The full analyst notes on Iridium are available to download free of charge at:
http://www.analystsreview.com/Jun-09-2014/IRDM/report.pdf
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21Vianet Group, Inc. Analyst Notes
On June 4, 2014, 21Vianet Group, Inc. (21Vianet) announced that the Company and its affiliate have entered into definitive agreements to invest in Sichuan Aipu Network Co., Ltd. and its affiliates (Aipu Group), one of the largest regional internet service providers with operations in 11 cities across China. Through the investment, the Company will be able to expand the reach of its data transmission network into regional last-mile access networks, which will strengthen its position as the leading integrate internet infrastructure services provider in China. The Company informed that under the agreement, it will own, directly and indirectly, an approximately 50% ownership interest in the Aipu Group and will become its single largest shareholder. The full analyst notes on 21Vianet are available to download free of charge at:
http://www.analystsreview.com/Jun-09-2014/VNET/report.pdf
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