Boston, MA 03/28/2014 (wallstreetpr) – After surpassing its previously announced revenue objective in reporting of year 2013 financial results, GTT Communications Inc (NYSEMKT:GTT) promised to be more focused on expanding its technology offering. The company said that its cloud networking technology had greater opportunities in the world market. However, it needed to pair up or at least, following in the footsteps of industry giants. Thus, this has led the company to team up with Juniper Networks Inc (NYSE:JNPR) which provides routers to power its 100GE technology. On that note, 100GE now takes off to the global scale and this means the company is positioning for more revenue income. In the latest reporting, GTT, a provider of networking solutions mostly based on cloud technology, posted $157.4 million in revenue, a significant jump of 46 percent. Revenue for the fourth quarter was equally up strongly by 67 percent to $46.1 million. The management of GTT Communications Inc (NYSEMKT:GTT) is banking on their secure, swift and automated networking technology to attract big global business opportunity.
Winning over investor confidence is often time regarded as an important part of business for drug companies, and Accelerate Diagnostics Inc (NASDAQ:AXDX) is no exception. The AXDX whose shares jumped more than 10 percent Thursday, launched an online portal that is dedicated to providing timely updates on latest and meaningful events. It seems the management team at AXDX understands that investors trade information in the capital market.
Amid cuts in utilities subsidies by the Argentina government, utility stocks such as Pampa Energia S.A. (ADR) (NYSE:PAM) jumped significantly Thursday. The government announced that efforts to curb deficits were responsible for the cuts. PAM provides electricity energy in the country. The company earlier announced ordinary shareholders meeting coming up on April 30. For the meeting, various issues such consideration of balance sheet, audit report, shareholder’s equity changes and cash flow states are among issues on the table which Pampa Energia S.A. (ADR) (NYSE:PAM) said will be discussed at the general meeting of ordinary shareholders.
