Proposed Offerings, Financial Results, Scheduled Conferences, Dividends, and New Contracts - Research Report on ServiceNow, Acxiom, 21Vianet, Unisys, and iGATE
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NEW YORK, November 11, 2013 /PRNewswire/ --
Today, Analysts' Corner announced new research reports highlighting ServiceNow, Inc. (NYSE: NOW), Acxiom Corporation (NASDAQ: ACXM), 21Vianet Group, Inc. (NASDAQ: VNET), Unisys Corporation (NYSE: UIS), and iGATE Corporation (NASDAQ: IGTE). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
ServiceNow, Inc. Research Report
On November 5, 2013, ServiceNow, Inc. (ServiceNow) announced that it proposes to offer $500 million aggregate principal amount of convertible senior notes due by 2018, subject to market conditions and other factors. The Company informed that to cover over-allotments, it also plans to grant to the initial purchasers of the notes an option to purchase up to an additional $75.0 million aggregate principal amount of notes. ServiceNow stated that it expects to use the net proceeds from the offering for general corporate purposes, including potential acquisitions and strategic transactions, and to pay the cost of the convertible note hedge transactions. ServiceNow informed that the notes will be senior unsecured, unsubordinated obligations of the Company, and interest will be payable semi-annually. The Company added that the notes will mature on November 1, 2018, unless repurchased or converted in accordance with their terms before such date. The Full Research Report on ServiceNow, 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/e3e9_NOW]
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Acxiom Corporation Research Report
On November 6, 2013, Acxiom Corp. (Acxiom) reported its Q2 FY 2014 financial results (period ended September 30, 2013) with revenue of $276.3 million, compared to that of $277.5 million in Q2 FY 2013. Income from operations was reported at $19.6 million for Q2 FY 2014, compared to $30.2 million in Q2 FY 2013. Acxiom's CEO, Scott Howe commented, "We are at an inflection point and starting the next chapter in our journey. We are a new company. Over the past two years we have worked to build a better business and to drive innovation. While it's early, we are pleased with our launch of the Acxiom Audience Operating System and the resulting customer reaction and support." For full-year FY 2014, the Company anticipates revenue to fall marginally and diluted EPS to be roughly flat. The Full Research Report on Acxiom 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/08ce_ACXM]
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21Vianet Group, Inc. Research Report
On November 5, 2013, 21Vianet Group, Inc. (21Vianet) announced that the Company intends to report its Q3 2013 financial results on Monday, November 25, 2013, after market closes. The Company informed that it will hold a conference call on the same day at 8:00 p.m. ET (November 26, 2013, Tuesday at 9:00 a.m. Beijing Time) to discuss the results. 21Vianet stated that a live and archived webcast of the conference call will also be available through the Company's Investor Relations website. The Full Research Report on 21Vianet Group, 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/68b8_VNET]
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Unisys Corporation Research Report
On November 1, 2013, Unisys Corp. (Unisys) reported that its Board of Directors has declared a dividend of c.$1.56 per share on the Company's outstanding 6.25% Mandatory Convertible Preferred Stock, Series A. The Company informed that the dividend is payable on December 1, 2013 to stockholders of record at 5:00 p.m., New York City time, on November 15, 2013. The Full Research Report on Unisys 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/0762_UIS]
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iGATE Corporation Research Report
On November 6, 2013, iGATE Corp. (iGATE) announced that it has secured a major contract with UBS AG (UBS), a global financial service firm. iGATE stated that under terms of the contract, UBS will migrate towards a globally managed service for instrument reference data mastering across all asset classes, operated by iGATE. The Company added that it will consolidate multiple technology systems onto the Markit Enterprise Data Management platform and transform the operations using its iTOPS framework. Derek Kemp, Executive Vice President and Head of EMEA region, iGATE, commented, "The deal with UBS marks a significant milestone for iGATE's Business Outcomes model and furthers our aim of shifting the industry from an effort-based business model to an outcomes-driven one. This is a landmark initiative in financial services with an increasing number of financial institutions seeking to consolidate and standardise their instrument data operations and IT across various business units." The Full Research Report on iGATE 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/ff4b_IGTE]
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