Strategic Acquisitions, Expanding Global Reach Combined with Enhanced Services Continue to Drive Strong Revenue Growth - Research Report on Equinix, TIBCO, Iron Mountain, MedAssets, and j2 Global
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NEW YORK, June 3, 2013 /PRNewswire/ --
Today, Wall Street Reports announced new research reports highlighting Equinix, Inc. (NASDAQ: EQIX), TIBCO Software Inc. (NASDAQ: TIBX), Iron Mountain Inc. (NYSE: IRM), MedAssets, Inc. (NASDAQ: MDAS), and j2 Global, Inc. (NASDAQ: JCOM). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Equinix, Inc. Research Report
On May 20, 2013, Equinix, Inc. (Equinix) announced that NYSE Technologies has extended its global trading network into Equinix's International Business Exchange (IBX) data centers in Hong Kong and Tokyo. "NYSE Technologies' continual expansion with Equinix is a strong testimony to our unparalleled global footprint. With the deployment of NYSE Technologies' SFTI Access Centers in Hong Kong and connectivity in Tokyo our financial ecosystem becomes even stronger and more valuable for both new and current financial participants accessing financial markets. Our established ecosystem of financial participants also presents an immediate market opportunity to NYSE Technologies, further facilitating its penetration into Hong Kong and Tokyo," said David Wilkinson, Senior Director, Financial Services, Equinix Asia-Pacific. The Full Research Report on Equinix, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at [http://www.wsreports.com/r/full_research_report/9afe_EQIX]
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TIBCO Software Inc. Research Report
On May 21, 2013, TIBCO Software Inc. (TIBCO) announced the launch of TIBCO Cloud Bus, its new subscription based Integration Platform, which is a service (iPaaS) offering that leverages the Company's extensive integration expertise and presents users with the ability to drastically shorten time to market and lower costs as they migrate applications and workloads to the cloud. Matt Quinn, Chief Technology Officer for TIBCO Software, said, "TIBCO Cloud Bus provides ready-made integrations across popular SaaS and critical on-premise applications, while allowing subscribers the ability to identify, configure and extend integration templates for their own business context with ease. Finally, and as you would expect from TIBCO, Cloud Bus includes extensive capabilities for real-time integration, meaning changes are reflected in all connected applications as they happen, without waiting for the next batch update." The Full Research Report on TIBCO Software Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at [http://www.wsreports.com/r/full_research_report/694e_TIBX]
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Iron Mountain Inc. Research Report
On May 14, 2013, Iron Mountain Inc. (Iron Mountain) announced that it has acquired three records management businesses owned by Carrollton, Texas-based Information Storage Consolidation Company (ISCC). "One of our strategies for sustaining the durability of our storage business in North America is to acquire strong companies like ISCC that grow our business and increase our storage rental revenue," said Harold Ebbighausen, President of Iron Mountain, North America. He further commented, "Acquiring companies in mature markets allows us to add customers, support attractive returns and deliver value to our investors." The Company stated that its recent acquisition adds mid-sized organizations to its customer roster and grows the firm's storage rental revenue. The Full Research Report on Iron Mountain Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at [http://www.wsreports.com/r/full_research_report/1f42_IRM]
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MedAssets, Inc. Research Report
On May 23, 2013, MedAssets, Inc. (MedAssets) announced that Maryland-based Bon Secours Health Systems (Bon Secours) has elected to renew its relationship with the Company to drive continued improvement in its financial performance. MedAssets' CrossWalk solution supported an initiative to integrate supply costs with charge data, which resulted in a $6.4 million increase in Bon Secours' net revenue. CrossWalk also supported Bon Secours to realign medical supply and device implant pricing, which contributed another $7 million in net revenue improvement. Greg Strobel, President, Revenue Cycle Management, MedAssets, said, "MedAssets can bring swift and measurable benefits to an organization through technology solutions and consulting services that cover the full spectrum of providers' revenue cycle needs-from patient access to claims denials-along with capabilities to drive process improvement throughout the materials management cycle from purchasing to billing." The Full Research Report on MedAssets, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at [http://www.wsreports.com/r/full_research_report/0111_MDAS]
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j2 Global, Inc. Research Report
On May 8, 2013, j2 Global, Inc. (j2 Global) reported its Q1 2013 financial results. The Company's revenue increased 31% YoY, to $113.6 million. The result was driven by a 4.7% growth in Business Cloud Services revenues and the first full quarter of Digital Media revenues. The Company's GAAP earnings per diluted share decreased 18.3% YoY to $0.49. The Company's EBITDA increased 7.1% YoY to $48.2 million. Hemi Zucker, Chief Executive Officer of j2 Global, stated, "We have added a Digital Media Division by means of several key acquisitions to complement our leading business cloud services. We have also continued to grow our Business Cloud Services Division geographically with expansion of our voice and online backup services in Australia and New Zealand." The Company has increased its full-year 2013 revenues estimate to range from $510 and $535 million, from its previous estimate of $500 to $525 million range. The Full Research Report on j2 Global, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at [http://www.wsreports.com/r/full_research_report/2f5c_JCOM]
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SOURCE Wall Street Reports
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