Brocade Communications Systems, Inc. (NASDAQ:BRCD) [Trend Analysis] retains strong position in active trade, as shares scoring 2.63% to $8.58 in a active trade session, while looking at the shares volume, around 8.36 Million shares have changed hands in this session. Brocade (NASDAQ:BRCD) released that Brocade Workflow Composer, a new server-basednetwork automation platform that enables enterprises and cloud service providers to improve their IT operations and drive greater business agility.
Brocade Workflow Composer provides DevOps-style network automation for provisioning, validation, troubleshooting and remediation of multivendor networks, while integrating with workflows across multiple IT domains for end-to-end automation.
According to a global CIO survey1, 75 percent of respondents stated that the network is impacting their organizations’ ability to achieve business goals. The lack of network automation and integration of the network with other IT operations and tool chains is the single biggest inhibitor to capitalizing on digitization. The firm has institutional ownership of 87.70%, while insider ownership included 0.50%. BRCD attains analyst recommendation of 2.80 with week’s performance of 7.65%. Investors looking further ahead will note that the Price to next year’s EPS is 0.96%.
Shares of Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC) [Trend Analysis] swings enthusiastically in regular trading session, it a gain of 0.39% to close at $7.76. South Korea`s leading satellite pay TV provider, KT SkyLife has chosen Ericsson (ERIC) to enlarge its Ultra High Definition (UHDTV) service, leveraging Ericsson`s high-performance HEVC encoders to bring consumers transformed picture quality.
The deal marks KT SkyLife`s fifth UHD channel launch to date, and underlines its leadership in providing the greatest number of UHDTV channels in Korea. 41 percent of consumers think that 4K or UHD quality is an important TV and media feature (Ericsson ConsumerLab 2015), leading to continued traction for UHDTV services in global markets. With next generation compression and HEVC, it is now possible for consumers to access these high quality services at home, bringing great potential for TV providers to improve their offerings and delight consumers with enhanced visuals. ERIC, experts calculate Return on Investment of 9.10%. The stock is going forward its fifty-two week low with 4.30% and lagging behind from its 52-week high price with -31.40%. ERIC last month stock price volatility remained 1.45%.
Comcast Corporation (NASDAQ:CMCSA) [Trend Analysis] knocking active thrust in leading trading session, shares a decrease of -0.50% to 62.29 with around 7.29 Million shares have changed hands in this session. Comcast reported that its customers in the Twin Cities will benefit from an unprecedented level of investments and innovations by the company in both residential and business services.
The company released it will enlarge its Twin Cities infrastructure, deliver new products and services, and bring customers an even greater level of reliability and choice.
The announcements build on Comcast’s ongoing investments in its local metro area operations, now totaling more than $1 billion over the past several years. “Our customers expect and deserve innovative, dependable products coupled with a great customer experience, and they are working hard to deliver that,” said Jeff Freyer, Regional Vice President, Comcast Twin Cities. “With the infrastructure and technology investments we are announcing today, our customers can be confident they are receiving the fastest, most reliable products in the market.” The stock is going forward its fifty-two week low with 26.23% and lagging behind from its 52-week high price with -2.88%.
Likewise the positive performance for the quarter recorded as 8.04% and for the year was 7.36%, while the YTD performance remained at 11.37%. CMCSA has Average True Range for 14 days of 1.10.