HONG KONG — China Vanke Co., China’s largest property developer by market value, is set to be the single largest shareholder in Huishang Bank Corp. after it signed on as a cornerstone investor in the Chinese lender’s Hong Kong initial public offering.
Huishang, which will begin taking orders from investors Tuesday, has secured about US$510 million of investment, or about 40% of the total offering, which could be up to US$1.3 billion, from five cornerstone investors, people familiar with the situation said Monday.
China Vanke has committed to US$400 million of the shares, which will be the biggest stake once the bank is listed, the people said. Vanke didn’t immediately provide a comment.
5 Best Tech Stocks To Invest In Right Now: FireEye Inc (FEYE)
FireEye, Inc., incorporated on February 18, 2004, invented a purpose-built, virtual machine-based security platform that provides real-time protection to enterprises and governments worldwide against the next generation of cyber attacks. Its technology approach represents a paradigm shift from how information technology (IT) security has been conducted since the earliest days of the information technology industry. The FireEye platform provides real-time, dynamic threat protection without the use of signatures to protect an organization across the primary threat vectors, including Web, email, and files and across the different stages of an attack life cycle. The core of its purpose-built, virtual machine-based security platform is its virtual execution (MVX), engine, which identifies and protects against known and unknown threats that existing signature-based technologies are unable to detect. The new generation of cyber attacks on organizations, including large and small enterprises and governments worldwide, is characterized by an unprecedented escalation in the complexity and scale of advanced malware created by criminal organizations and nation-states. In January 2014, FireEye, Inc. announced that it had acquired Mandiant.
The Company provides a comprehensive platform that employs a virtualized execution engine and a cloud-based threat intelligence network that uniquely protects organizations from next-generation threats at all stages of the attack lifecycle and across all primary threat vectors, including Web, email and file systems. Its platform is delivered through a family of software-based appliances and includes its DTI cloud subscription as well as support and maintenance services. Its technology platform, built on its MVX engine, is able to identify and protect against known and unknown threats without relying on existing signature-based technologies employed by legacy IT security vendors and best-of-breed point solu tion vendors. FireEye has over 1,000 customers across more t! han 40 countries, including over one-third of the Fortune 100.
- [By Steve Symington]
What: Shares of FireEye (NASDAQ: FEYE ) jumped nearly 11% Monday, then settled to close up around 8% leading into the cyber-security specialist’s on-campus analyst open house this afternoon.
- [By Tess Stynes var popups = dojo.query(“.socialByline .popC”); popups.forEach(fu]
FireEye Inc.(FEYE), which offers a virtual machine-based security platform against cyber attacks, announced a weaker-than-expected outlook for the current quarter and year. Shares fell 15% to $31.70 premarket.
- [By WWW.DAILYFINANCE.COM]
BOSTON — The U.S. Department of Homeland Security advised computer users to consider using alternatives to Microsoft’s Internet Explorer browser until the company fixes a security flaw that hackers have used to launch attacks. The bug is the first high-profile security flaw to emerge since Microsoft (MSFT) stopped providing security updates for Windows XP earlier this month. That means PCs running the 13-year old operating system could remain unprotected against hackers seeking to exploit the newly uncovered flaw, even after Microsoft figures out how to defend against it. The United States Computer Emergency Readiness Team, a part of Homeland Security known as US-CERT, said in an advisory released Monday that the vulnerability in versions 6 to 11 of Internet Explorer could lead to “the complete compromise” of an affected system. “We are currently unaware of a practical solution to this problem,” Carnegie Mellon’s Software Engineering Institute warned in a separate advisory, that US-CERT linked to in its warning. Versions 6 to 11 of Internet Explorer dominate desktop browsing, accounting for 55 percent of the PC browser market, according to tech research firm NetMarketShare. Google Inc’s Chrome and Mozilla’s Firefox account for the majority of the rest of the traffic. News of the vulnerability surfaced over the weekend as Microsoft said its programmers were rushing to fix the problem as quickly as possible. Cybersecurity software maker FireEye Inc warned that a sophisticated group of hackers have been exploiting the bug in a campaign dubbed “Operation Clandestine Fox.” FireEye (FEYE), whose Mandiant division helps companies respond to cyber attacks, declined to name specific victims or identify the group of hackers, saying that an investigation into the matter is still active. “It’s a campaign of targeted attacks seemingly against U.S.-based firms, currently tied to defense and financial sectors,” FireEye spokesman Vitor De Souza said Sunday. “It
5 Best Tech Stocks To Invest In Right Now: Glu Mobile Inc.(GLUU)
Glu Mobile Inc. designs, markets, and sells mobile games worldwide. It develops original games based on its intellectual property comprising Big Time Gangsta?, Blood & Glory, Bug Village, Contract Killer, Contract Killer: Zombies, Eternity Warriors, Frontline Commando, Gun Bros, Men vs. Machines, Stardom: The A-List, Super K.O. Boxing and Toyshop Adventures. The company also develops games based on licensed intellectual property consisting of Build-a-lot, Call of Duty, Deer Hunter, DJ Hero, Guitar Hero, Family Feud, Family Guy, Lord of the Rings, Paperboy, The Price Is Right, Transformers, Who Wants to Be a Millionaire?, and World Series of Poker. It offers a portfolio of action/adventure and casual games to smartphones and tablet devices users through direct-to-consumer digital storefronts, as well as to feature phone users served by wireless carriers and other distributors. The company was formerly known as Sorrent, Inc. and changed its name to Glu Mobile Inc. in May 20 05. Glu Mobile Inc. was incorporated in 2001 and is headquartered in San Francisco, California.
- [By kcpl]
Glu Mobile (GLUU)’s bad times are now probably over. The mobile gaming company was struggling last year but it has executed a remarkable turnaround in the last few months. The company is expected to scale greater heights at the end of 2013, and it received a huge boost when Apple (AAPL) signed a deal with China Mobile to sell iPhones in China. Moreover, Glu plans to bring a whole new experience to gamers with the Google Glass.
- [By FinanceGuru]
The mobile gaming market is a hit-or-miss industry and this volatility has taken its toll on many game-developing companies over the past few years. Companies like Zynga (ZNGA) and Glu Mobile (GLUU) have fallen prey to this uncertainty due to their inability to consistently create attractive games. Consequently, stocks of both companies have consistently tumbled since they went public.
5 Best Tech Stocks To Invest In Right Now: Viasystems Group Inc.(VIAS)
Viasystems Group, Inc. provides multi-layer printed circuit boards (PCBs) and electro-mechanical solutions worldwide. The company?s products and services are used in a range of applications, including, automotive engine controls, data networking equipment, telecommunications switching equipment, complex medical, technical and industrial instruments, and flight control systems. Its PCBs products include circuitry and mounting surfaces to interconnect discrete electronic components, such as integrated circuits, capacitors, and resistors. The company?s electro-mechanical solutions comprise assembly of backplanes, assembly of printed circuit boards, fabrication of custom and standard metal enclosures, cabinets, racks, sub-racks and bus bars; systems integration; final assembly; and product testing and fulfillment. It also offers various manufacturing services consisting of design and prototyping, PCB and backpanel fabrication, backpanel assembly, PCB assembly, custom metal e n closure fabrication, full system assembly and test, packaging and global distribution, after-sales support, and supply chain management. The company markets its products and services to original equipment manufacturers and contract electronic manufacturers in automotive, industrial and instrumentation, telecommunications, computer and data communications, and military and aerospace markets through its own sales and marketing organization, and through relationships with independent sales agents. The company was formerly known as Circo Technologies, Inc. and changed its name to Viasystems Group, Inc. in January 1997. Viasystems Group, Inc. was founded in 1996 and is headquartered in St. Louis, Missouri.
- [By Seth Jayson]
Calling all cash flows
When you are trying to buy the market’s best stocks, it’s worth checking up on your companies’ free cash flow once a quarter or so, to see whether it bears any relationship to the net income in the headlines. That’s what we do with this series. Today, we’re checking in on Viasystems Group (Nasdaq: VIAS ) , whose recent revenue and earnings are plotted below.
5 Best Tech Stocks To Invest In Right Now: ExactTarget Inc (ET)
ExactTarget, Inc. is a global provider of cross-channel, interactive marketing software-as-a-service (SaaS) solutions. The Company’s solutions provide marketers with a suite of integrated applications. The Company’s suite of cross-channel, interactive marketing applications include e-mail, mobile, social media and sites, is built on its flexible multi-tenant SaaS platform. These channel applications are integrated with its campaign management, calendaring, dashboard, integrated reporting, marketing automation and data management tools. The Company also provides open application programming interfaces (APIs) and developer tools that allow third parties to embed its technology into their solutions and build applications on its platform. The Company generates revenue through the sale of subscriptions to its suite of cross-channel, interactive marketing SaaS solutions and the delivery of professional services. It serves a range of clients across many industries and sizes. Professional services revenue consists primarily of fees associated with training, implementation, integration, deliverability, campaign services and strategic consulting. In October 2012, it acquired iGoDigital.
The Company’s direct client base consisted of over 4,700 organizations as of June 30, 2012, ranging from enterprises to small businesses in numerous industries, including retail and e-commerce, media and entertainment, travel and hospitality, financial services and insurance, technology, daily-deal and flash-sale and marketing service providers. Among its direct clients are the United States-based companies, such as Ally Financial, Inc., Angie’s List, Inc., CareerBuilder, LLC, Groupon, Inc., Microsoft Corporation, Nationwide Mutual Insurance Company, Oakley, Inc., OneAmerica Financial Partners, Inc., One King’s Lane, Inc., Papa John’s International, Inc., priceline.com Incorporated, The Scotts Miracle-Gro Company, Tommy Hilfiger Group, WellPoint , Inc. and Zappos.com, Inc. Companies also include Abril Gro! up (Brazil), Fairfax Media Limited (Australia), Icelandair Group (Iceland) and Telegraph Media Group Limited (United Kingdom).
Interactive Marketing Hub
The Interactive Marketing Hub provides marketers with a solution to engage in cross-channel marketing. The Interactive Marketing Hub integrates its e-mail, mobile, social media and sites Channel Applications with data management and marketing automation Hub Applications. Built on its cloud-based FUEL platform, these applications integrate with Hub Tools, which include a calendar, campaigns, dashboards and integrated reporting. Channel Applications provide interactive marketing engagement solutions to plan, automate, deliver and optimize messages across e-mail, mobile, social media and sites. The Company’s core edition is designed for small and medium-sized organizations, as well as departments within enterprises and provides content management tools, segmentation tools and reporting, such as opens , clicks, bounces and other performance metrics.
The Advanced Edition includes content syndication, dynamic content, relational data, advanced marketing automation, triggered and transactional communications for e-statements, alerts and order confirmations and advanced reporting. The Advanced Edition also provides full access to its FUEL platform’s open integration framework and developer tools that facilitates integration with other business systems and applications. Enterprise Edition is built for large, distributed enterprises that need centralized control and compliance for e-mail marketing communications. The Enterprise Edition includes international sending, advanced role and permission administration, content locking and sharing, and enterprise analytics and reporting. The Enterprise Edition can also include its Xpress Sending interface that enables non-technical users within distributed marketing organizations to create and send e-mails using pre-appro ved content via defined templates.