News / Business
Speak with other shareholders about: (NYSE: AV), (Nasdaq: BRCD), (Nasdaq: CHTR), (Nasdaq: MVIS), and (NYSE: BSX) .
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Avaya Inc. (NYSE: AV) down .88% on 15 million shares, yesterday released their third fiscal quarter 2007 revenues decreased 1.6 percent to $1.276 billion compared to $1.297 billion in the same period last year. Sales of products declined 1.6 percent, rental and managed services revenues declined 7.1 percent, and services revenues were flat. Foreign exchange benefited revenues by approximately $30 million, primarily in Europe. U.S. revenues declined 8 percent. EMEA revenues were relatively flat, with growth outside of Germany offset by declines within Germany. Asia Pacific revenues grew by 33 percent. Revenues in the Americas, non-U.S., grew by 11 percent, driven by performance in Latin America.
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Brocade (Nasdaq: BRCD), down 3% on 14 million shares, the leader in networked storage solutions that help enterprises connect and manage their information, yesterday announced that it has bolstered its Storage Area Network (SAN) management solutions with greater analytic and reporting capabilities in the Brocade SAN Health(TM) family of utilities, including full support for mainframe FICON(R) and McDATA SAN environments. Supporting more than 13,000 users to date, Brocade SAN Health Diagnostics Capture and Brocade SAN Health Professional are designed to improve operational efficiencies in both open systems and mainframe data center environments.
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Charter Communications, Inc. (NASDAQ: CHTR) down 4% on 13 million shares and Yellow Book USA today announced a co-marketing and distribution agreement for Charter Telephone(R) and Yellow Book product and service offerings. "With Yellow Book as a partner, we're increasing the awareness and visibility of Charter's commercial and residential telephone service," said Ted Schremp, senior vice president and general manager, Charter Telephone. "Yellow Book's sales representatives serve as a powerful channel to the small and medium-sized businesses we're targeting with Charter Telephone, enabling us to accelerate our recent entry into the commercial telephone business. At the same time, we're filling a demand for local directory information for residential customers." Microvision (Nasdaq: MVIS) up 12% on 12 million shares, yesterday announced that it has signed an agreement with Motorola to develop pico projector display solutions for mobile applications leveraging Microvision's ultra-miniature laser based display engine, called PicoP(TM).
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Boston Scientific Corporation (NYSE: BSX) down 2% on 12 million shares, yesterday announced its intention to explore the sale of its fluid management business as part of the Company's ongoing review of its portfolio of assets. The Boston Scientific fluid management business, formerly North American Medical Instruments Corp. (NAMIC), produces a range of products used to manage fluid and measure pressure during angiography and angioplasty procedures. A sale would be expected to include the business as well as the Company's facilities in Glens Falls, New York and Tullamore, Ireland.
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Release date: 25 Jul 2007
