Nasdaq Halts OPKO Health, Inc.

September 7, 2018, 12:26 pm

≫ Next: RSI Signs Letter of Intent With nSight for Sale of Business and Assets at Premium to Market Capitalization

≪ Previous: Hagens Berman Updates Investors in Danske Bank A/S (DNKEY) Concerning the Firm’s Investigation of Possible Disclosure Violations and the Russia-Linked $150 Billion Money Laundering Probe

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NEW YORK, Sept. 07, 2018 (GLOBE NEWSWIRE) -- The Nasdaq Stock Market^® (Nasdaq: NDAQ) announced that trading was halted today in OPKO Health, Inc. (Nasdaq: OPK) at 14:34:38 Eastern Time for "additional information requested" from the company at a last sale price of $4.5835.Trading will remain halted until OPKO Health, Inc. has fully satisfied Nasdaq’s request for additional information.

For news and additional information about the company, please contact the company directly or check under the company’s symbol using InfoQuotes^SM on the Nasdaq^® Web site.

For more information about The Nasdaq Stock Market, visit the Nasdaq Web site at http://www.nasdaq.com.

*NDAQO* Reported by GlobeNewswire 54 minutes ago.

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RSI Signs Letter of Intent With nSight for Sale of Business and Assets at Premium to Market Capitalization

September 7, 2018, 12:26 pm

≫ Next: MERGER ALERT – GNBC and DNB: Levi & Korsinsky, LLP Reminds Investors of Investigations Concerning the Sale of these Companies

≪ Previous: Nasdaq Halts OPKO Health, Inc.

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VANCOUVER, British Columbia, Sept. 07, 2018 (GLOBE NEWSWIRE) -- RSI International Systems Inc. *(TSX-V: RSY**)* (“RSI” or the “Company”) is pleased to report that it has signed a binding Letter of Intent (“LOI”) with nSight Inc., for the sale of RSI’s RoomKeyPMS business and assets for gross proceeds of US$4.6m in cash, before any applicable adjustments. The parties are at arm’s length. Assuming the 7-day average of the most recently posted Bank of Canada US$/C$ exchange rates of 1.3188 and the Company’s 36,835,278 issued and outstanding shares, this translates to approximately C$6m, or just over C$0.16 per share, before any adjustments. RSI’s shares lasted traded on the TSX-V at C$0.04. Mr. David Keys, Chairman of the RSI Board of Directors and a representative for the Ernest W. Moody Revocable Trust, which holds 44.4% of RSI’s outstanding shares, commented, “We have been frustrated for some time with the quoted market value of RSI shares. The cash consideration being offered for the RoomKey business is about four times RSI’s market capitalization based on the last closing price, and the funds available after we settle any liabilities will allow us to look at ways to better return value to our shareholders. This may include acquiring another business or distributing part or all of the net proceeds.”

nSight CEO, Rich Maradik, added “We look forward to working with both the RoomKey team and customers as we build out a full portfolio of hospitality technology solutions. We expect to keep the RoomKey team largely intact, so that we can best serve the existing customers and grow the business. We see strong demand from the middle market hotel segment for an innovative technology partner offering a fully integrated platform allowing for unified processes.  This will allow customers using our technology to streamline costs while optimizing RevPar.”

Under the terms of the LOI, nSight will pay RSI gross proceeds of US$4.6m, for the Company’s current business and assets related to the development and operation of RSI’s RoomKeyPMS. This figure will be adjusted to account for the timing of certain receivables, payables, deferred revenue, prepaid costs and other items that are assumed by nSight. RSI may also incur some costs related to the disposal of its RoomKey business for certain contractual obligations. The US-dollar figure will be converted to Canadian dollars by averaging the posted Bank of Canada closing US$/C$ exchange rate for the seven days preceding the LOI date of September 7, 2018, and the same exchange rate for the seven days preceding the closing of the transaction. Should the exchange rate move more than five percentage points in either direction, the disadvantaged party will have the option to terminate the transaction

With the LOI in place, RSI and nSight will work towards negotiating a Definitive Agreement within 60 days, to replace the binding LOI. The Definitive Agreement will contain an RSI Non-Compete provision as well as a provision that RSI will not solicit any alternative transactions, and that should the Company terminate the Definitive Agreement, as the result of accepting a third-party acquisition proposal, nSight will be entitled to a break-fee of US$460,000. The transaction is subject to a number of conditions, including completion of satisfactory due diligence, the entering into of definitive documentation and the receipt of all necessary regulatory and third-party approvals and consents, including approval by RSI shareholders.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

*About nSight*
With the acquisition of RSI, nSight will rapidly assemble a full portfolio of hospitality technology solutions to accelerate growth in the middle market hotel segment. Currently, nSight Inc. provides predictive data and marketing solutions for hotels and destinations helping deliver incremental revenue through improving their pricing and marketing practices.

*About RSI  *
RSI International Systems Inc. is the developer of RoomKeyPMS, a web-based Property Management System (PMS) that incorporates a fully integrated Online Reservation Booking engine and seamless real-time connectivity to the major Global Distribution and Internet Distribution Systems.  RSI markets its RoomKeyPMS and a number of other proprietary “hosted” software solutions to a wide variety of Hospitality Industry clients around the world. For more information, please see our website at www.roomkeypms.com.

*Cautionary Note Regarding Forward Looking Statements*
This news release contains forward-looking statements. Any statements that are not strictly historical fact are considered "forward-looking statements." Forward-looking statements cannot be guaranteed and involve assumptions and are subject to a variety of risks and uncertainties which could cause actual events or results to materially differ from those reflected in the forward-looking statements. Readers are advised to rely on their own evaluation of such risks and uncertainties and not place undue reliance upon forward-looking statements. Any forward-looking statements made herein are made as of the date hereof, and the Company assumes no obligation and disclaims any intention to revise or update any forward-looking information and statements except as required by applicable laws.

For more information, please contact:

RSI Systems International Inc.
Tim Major, President & CEO
604-914-3711
tmajor@roomkeypms.com Reported by GlobeNewswire 54 minutes ago.

MERGER ALERT – GNBC and DNB: Levi & Korsinsky, LLP Reminds Investors of Investigations Concerning the Sale of these Companies

September 7, 2018, 12:26 pm

≫ Next: Law Offices of Howard G. Smith Announces the Filing of a Securities Class Action on Behalf of LogMeIn, Inc. Investors

≪ Previous: RSI Signs Letter of Intent With nSight for Sale of Business and Assets at Premium to Market Capitalization

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NEW YORK, Sept. 07, 2018 (GLOBE NEWSWIRE) -- The following statement is being issued by Levi & Korsinsky, LLP:Levi & Korsinsky, LLP announces that investigations have commenced on behalf of shareholders of the following publicly-traded companies.

*Green Bancorp, Inc. *(NASDAQGS: GNBC)*
*Merger Announcement: July 24, 2018*
*Transaction Details: Green Bancorp will be purchased by Veritex Holdings, Inc. (NASDAQGM: VBTX) for 0.79 shares of Veritex per Green Bancorp share; based on the closing price of Veritex on July 23, 2018, this represents an approximate value of $32.77 per share.

To learn more about the action and your rights, *go to*: http://www.zlk.com/mna/green-bancorp-inc.

*Dun & Bradstreet* (NYSE: DNB)*
*Merger Announcement: August 9, 2018
Transaction Details: Dun & Bradstreet will be purchased by a consortium led by CC Capital, Thomas H. Lee Partners, and Cannae Holdings, Inc. (NYSE: CNNE) for $145 per share.

To learn more about the action and your rights, *go to*: http://www.zlk.com/mna/dun-bradstreet.

Levi & Korsinsky is a national firm with offices in New York, Connecticut, California, and Washington D.C. The firm's attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities lawsuits and have *recovered hundreds of millions of dollars for aggrieved shareholders*. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:

Levi & Korsinsky, LLP
Joseph E. Levi, Esq.

jlevi@levikorsinsky.com
30 Broad Street - 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com Reported by GlobeNewswire 54 minutes ago.

Law Offices of Howard G. Smith Announces the Filing of a Securities Class Action on Behalf of LogMeIn, Inc. Investors

September 7, 2018, 12:26 pm

≫ Next: Bill Koenigsberg Named “Industry Legend” By The Advertising Club of New York

≪ Previous: MERGER ALERT – GNBC and DNB: Levi & Korsinsky, LLP Reminds Investors of Investigations Concerning the Sale of these Companies

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BENSALEM, Pa., Sept. 07, 2018 (GLOBE NEWSWIRE) -- Law Offices of Howard G. Smith announces that a class action lawsuit has been filed on behalf of investors that purchased LogMeIn, Inc. (“LogMeIn” or the “Company”) (NASDAQ: LOGM) securities between *March 1, 2017, and July 26, 2018*,  inclusive (the “Class Period”). LogMeIn investors have until *October 19, 2018, *to file a lead plaintiff motion.Investors that suffered losses on their LogMeIn investments are encouraged to contact the Law Offices of Howard G. Smith to discuss their legal rights in this class action at 888-638-4847 or by email to howardsmith@howardsmithlaw.com.

On July 27, 2018, during a conference call with investors, CEO Bill Wagner detailed “executional missteps” related to the company's $1.8 billion merger with GoToMeeting. Specifically, Wagner claimed that customers were not renewing their subscriptions to the suite of corporate videoconferencing tools that LogMeIn acquired from Citrix in February 2017. On this news, LogMeIn’s share price fell 25%, or $26.60, to close at $77.85 on July 27, 2018, thereby injuring investors.

The complaint filed in this class action alleges that Defendants made materially false and/or misleading statements and/or failed to disclose that: (1) LogMeIn’s business practices had negatively impacted renewal rates for certain of its services; and (2) as a result, Defendants’ public statements were materially false and misleading at all relevant times.

If you purchased shares of LogMeIn during the Class Period, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at www.howardsmithlaw.com.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

*Contacts*
Law Offices of Howard G. Smith
Howard G. Smith, Esquire
215-638-4847
888-638-4847
howardsmith@howardsmithlaw.com
www.howardsmithlaw.com Reported by GlobeNewswire 54 minutes ago.

Bill Koenigsberg Named “Industry Legend” By The Advertising Club of New York

September 7, 2018, 12:46 pm

≫ Next: Hagens Berman updates investors who covered short sales of Tesla, Inc. (NASDAQ: TSLA) concerning the October 9, 2018 lead plaintiff deadline and new investigation into the CAO’s resignation

≪ Previous: Law Offices of Howard G. Smith Announces the Filing of a Securities Class Action on Behalf of LogMeIn, Inc. Investors

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Horizon CEO Receives Ad Club’s Highest Honor at Annual “People of the Year” Event

NEW YORK, Sept. 07, 2018 (GLOBE NEWSWIRE) -- Horizon Media, a global leader in the performance-driven application of data and marketing insights, is pleased to announce that Bill Koenigsberg, its president, chief executive officer and founder, has received The Advertising Club of New York’s People of the Year “2018 Industry Legend” Award.

The prestigious People of the Year Awards acknowledge individuals who are making strides to advance industry standards, creative excellence, and responsibility in areas of social concern across the five different categories: Industry Legend, Marketer of the Year, New Yorker, Young Pro and Startup.

This award recognizes Bill Koenigsberg’s considerable contributions to the media industry and his vision in guiding an industry through an unprecedented period of change. Under Koenigsberg’s leadership, Horizon has seen its eleventh consecutive year of double-digit growth, yet managed to maintain its focus on client growth, the personal and professional development of its people, and its unique culture; all contributing to Horizon consistently being named to the most prestigious Best Places to Work lists, including Fortune’s Best Workplaces for Women and Millennials, Forbes’ list of America's Best Midsize Employers, Crain’s Best Places to Work in New York City and Los Angeles Business Journal’s Best Places to Work in Los Angeles.

Bill Koenigsberg was honored alongside other renowned innovators and entrepreneurs including Diego Scotti, executive vice president and chief marketing officer at Verizon, Anda Gansca, chief executive and co-founder of Knotch, Samantha Bort, digital innovation and entrepreneurship manager at L’Oreal and Lisa Price, founder of Carol’s Daughter. Award honorees were celebrated at a “roast and toast” event held at Guastavino’s in New York City on September 6, 2018.

The People of the Year award recognition follows numerous prior awards and honors for Bill Koenigsberg. He was honored on Adweek’s prestigious Power List, named to the 4A’s Advertising 100 list, honored as one of the Giants of Broadcasting and Electronic Arts by the IRTS Foundation, and recognized by Cynopsis as a Luminary, with its “Champion Award” in 2017. He was named to Variety’s Gotham 60: Influential New Yorkers in Entertainment and Media list in 2015. The esteemed list profiles Variety Magazine’s pick of New Yorkers who have made an impact in the past year on the city’s entertainment and media scene. In 2014, he was inducted to the Broadcasting & Cable Hall of Fame, which honors pioneers and innovators of the electronic arts. In 2014, Koenigsberg was the first media executive to be named board chair of the 4A’s and is the only person to receive the prestigious Advertising Age Media Maven Award twice. He has also been honored as Media Executive of the Year by Mediaweek and featured as one of its top 50 most influential executives in the industry.

The ADVERTISING Club of New York is a non-profit organization for corporate and individual members in the advertising, media, marketing and ad-tech industries. The organization provides education and networking opportunities to enhance professional development, expose members to innovation and technology, and provide access to influencers/companies across the entire advertising ecosystem, from agencies to clients.

*About Horizon Media*
Horizon Media, Inc. is a global leader in the performance-driven application of data and marketing insights and the second largest media agency in the US (Source: COMvergence Agency Report, May 2018). The company was founded in 1989, is headquartered in New York with offices in Los Angeles and Toronto, and has estimated billings of $8.5 billion and over 2,000 employees. Recognized as one of the world’s ten most innovative marketing and advertising companies by Fast Company, Horizon Media has been recognized as U.S. Media Agency of the Year by Adweek and AdAge, and Independent Media Agency of the Year by Mediapost. Renowned for its incredible culture, Horizon is also consistently named to all the prestigious annual Best Places to Work lists published by Fortune, AdAge, Crain’s New York Business and Los Angeles Business Journal. Bill Koenigsberg served as the Chairman of the 4A’s Board of Directors from 2014 to 2017, and currently serves as Vice Chair of the 4A’s Board of Directors. Bill was the first person from a media agency to hold this prestigious position in the 100-year history of the 4As, the marketing industry’s leading trade association.

*For further information please contact*
Horizon Media
Kaya Lobaczewski
(212) 220-2102
klobaczewski@horizonmedia.com

  Reported by GlobeNewswire 34 minutes ago.

Hagens Berman updates investors who covered short sales of Tesla, Inc. (NASDAQ: TSLA) concerning the October 9, 2018 lead plaintiff deadline and new investigation into the CAO’s resignation

September 7, 2018, 1:05 pm

≫ Next: Despite Rising Interest Rates, RioCan REIT (TSX:REI.UN) Stock Is Likely to Outperform Long Term

≪ Previous: Bill Koenigsberg Named “Industry Legend” By The Advertising Club of New York

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SAN FRANCISCO, Sept. 07, 2018 (GLOBE NEWSWIRE) -- Hagens Berman Sobol Shapiro LLP updates investors in Tesla, Inc. (*NASDAQ: TSLA*) concerning the firm’s securities class action and reminds them of the *October 9, 2018 Lead Plaintiff deadline.  The firm is also now investigating reasons behind the chief accounting officer’s resignation announced today causing the stock to drop at least 10 percent.  *If you sold short Tesla securities and *covered part or all of your short position between August 7, 2018 through and including August 17, 2018* and suffered losses contact Hagens Berman Sobol Shapiro LLP.  Long investors are also covered by the class action, as are option traders during the class period. For more information visit:https://www.hbsslaw.com/cases/TSLA

or contact Reed Kathrein, who is leading the firm’s lawsuit on behalf of Tesla investors, by calling *510-725-3000 *or emailing

TSLA@hbsslaw.com.

On August 7, 2018, Elon Musk announced his intention to take the Company private, tweeting (among other things), “funding secured” and “[i]nvestor support is confirmed.”

Since then, the SEC reportedly elevated its informal inquiry into Defendants’ statements to a formal inquiry.

More recently, the press reported funding was not secured and Musk admitted a majority of Tesla investors with whom he spoke essentially expressed “please don’t do this.”

On September 7, 2018, Defendants announced the Company’s Chief Accounting Officer resigned effective immediately in part because of post-August 6, 2018 public attention on the Company.

“Long-short hedge funds and other short-sellers who believed Musk had funding secured, or were forced to cover by virtue of margin calls, have suffered some of the greatest damages," said Hagens Berman partner Reed Kathrein.  “Options traders were also forced to cover or watch their options expire worthless.  And then there are those who saw an opportunity to purchase before the price eventually would reach the $420 price.  All these investors deserve representation.”

*Whistleblowers:  *Persons with non-public information regarding Tesla should consider their options to help in the investigation or take advantage of the SEC Whistleblower program.  Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC.  For more information, call Reed Kathrein at *510-725-3000* or email TSLA@hbsslaw.com.

About Hagens Berman
Hagens Berman is a national investor-rights law firm headquartered in Seattle, Washington with 80+ attorneys in 10 offices across the country.  The Firm represents investors, whistleblowers, workers and consumers in complex litigation.  More about the firm and its successes can be found at www.hbsslaw.com.  For the latest news visit our newsroom or follow us on Twitter at @classactionlaw.

Contact:
Reed Kathrein, 510-725-3000 Reported by GlobeNewswire 16 minutes ago.

Despite Rising Interest Rates, RioCan REIT (TSX:REI.UN) Stock Is Likely to Outperform Long Term

September 7, 2018, 1:09 pm

≫ Next: Samsung’s curved Sound Bar w/ Subwoofer offers deep bass: $150 (Refurb, Orig. $600)

≪ Previous: Hagens Berman updates investors who covered short sales of Tesla, Inc. (NASDAQ: TSLA) concerning the October 9, 2018 lead plaintiff deadline and new investigation into the CAO’s resignation

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With a potential bear market on the horizon, I see RioCan Real Estate Investment Trust (TSX:REI.UN) as an excellent option for long-term conservative investors looking to buy an excellent company at a fair price Reported by Motley Fool 12 minutes ago.

Samsung’s curved Sound Bar w/ Subwoofer offers deep bass: $150 (Refurb, Orig. $600)

September 7, 2018, 1:15 pm

≫ Next: North Dallas' landmark Baron Estate has sold with a list price of more than $24 million

≪ Previous: Despite Rising Interest Rates, RioCan REIT (TSX:REI.UN) Stock Is Likely to Outperform Long Term

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Woot is offering the refurbished Samsung 2.1-Ch. Sound Bar with Wireless Subwoofer (HW-M4500) for *$149.99 Prime shipped*. If you are not a Prime member shipping will set you back $6. Today’s deal is about $130 off the going rate in new condition at retailers like B&H or Best Buy and is within $20 of the lowest price we have tracked. This sound bar stands out from the crowd with its design and will pair very nicely with curved TVs. Inputs include: HDMI in/out, optical audio, and USB. Customers will receive a 90-day warranty from Samsung with their purchase. Rated 4.6/5 stars. more… Reported by 9to5Toys 5 minutes ago.

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North Dallas' landmark Baron Estate has sold with a list price of more than $24 million

September 7, 2018, 1:15 pm

≫ Next: At What Price Does Cenovus Energy (TSX:CVE) Stock Become an Attractive Buy?

≪ Previous: Samsung’s curved Sound Bar w/ Subwoofer offers deep bass: $150 (Refurb, Orig. $600)

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Reported by DallasNews 6 minutes ago.

At What Price Does Cenovus Energy (TSX:CVE) Stock Become an Attractive Buy?

September 8, 2018, 6:19 am

≫ Next: Cuisinart’s Automatic Cold Brew Coffeemaker returns to $50 Prime shipped (30% off)

≪ Previous: North Dallas' landmark Baron Estate has sold with a list price of more than $24 million

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Following a surge that saw shares gain more than 60%, Cenovus Energy Inc (TSX:CVE)(NYSE:CVE) is now trading only slightly above its 52-week lows. When's the right time to get in? Reported by Motley Fool 7 hours ago.

Cuisinart’s Automatic Cold Brew Coffeemaker returns to $50 Prime shipped (30% off)

September 8, 2018, 7:02 am

≫ Next: How to play Melbourne's falling house price market

≪ Previous: At What Price Does Cenovus Energy (TSX:CVE) Stock Become an Attractive Buy?

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Amazon is offering its Prime members the Cuisinart Automatic Cold Brew Coffeemaker (DCB-10) for *$49.99 shipped*. If you are not a Prime member, you can snag it for this price at Best Buy as a part of its Deals of the Day. That’s 30% off the going rate found at retailers like Home Depot and is a match for the lowest we have tracked. Rated 4.3/5 stars. more… Reported by 9to5Toys 7 hours ago.

How to play Melbourne's falling house price market

September 8, 2018, 7:39 am

≫ Next: Analysts admit they were wrong about iPhone X, predict $849 price for 6.1″ LCD iPhone

≪ Previous: Cuisinart’s Automatic Cold Brew Coffeemaker returns to $50 Prime shipped (30% off)

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The era of cheap mortgages and rising prices is reversing. Property owners and would-be owners need to pay careful attention if they are not to be caught out. Reported by Brisbane Times 6 hours ago.

Analysts admit they were wrong about iPhone X, predict $849 price for 6.1″ LCD iPhone

September 8, 2018, 7:45 am

≫ Next: Could Trump’s Drug Industry Critiques Be Working? Latest Drug Price Trends Are Good For Americans

≪ Previous: How to play Melbourne's falling house price market

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We’re less than a week away from Apple’s introduction of the 2018 iPhones, and as is usually the case, analysts are coming out of the woodwork to express their bullish opinions on AAPL. Both Piper Jaffray and Goldman Sachs have published new investor notes on Apple, detailing the effects next week’s new iPhones will have on the company.

more… Reported by 9to5Mac 6 hours ago.

Could Trump’s Drug Industry Critiques Be Working? Latest Drug Price Trends Are Good For Americans

September 8, 2018, 8:09 am

≫ Next: Upgrade to TCL’s 49-inch HDR-compatible 4K Roku TV for $270 shipped (Reg. $320)

≪ Previous: Analysts admit they were wrong about iPhone X, predict $849 price for 6.1″ LCD iPhone

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'Trump's criticism might be working' Reported by Daily Caller 5 hours ago.

Upgrade to TCL’s 49-inch HDR-compatible 4K Roku TV for $270 shipped (Reg. $320)

September 8, 2018, 8:15 am

≫ Next: Proven right? Ex-Man United manager decided against paying Juventus’ £65m asking price for Paul Pogba transfer

≪ Previous: Could Trump’s Drug Industry Critiques Be Working? Latest Drug Price Trends Are Good For Americans

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Electronic Express via Rakuten is offering the TCL 49-inch 4K HDR Roku UHDTV (49S405) for *$269.99 shipped* when code *EE50* has been applied during checkout. *Note:* You’ll need to be logged in to your free Rakuten account to apply this code. That’s $50 off the going rate found at retailers like Amazon and is within $6 of the lowest price we have tracked. Inputs include: 3x HDMI 2.0, 1 USB, RF, composite, headphone jack, optical audio out, and ethernet. Rated 4.3/5 stars. more… Reported by 9to5Toys 5 hours ago.

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Proven right? Ex-Man United manager decided against paying Juventus’ £65m asking price for Paul Pogba transfer

September 8, 2018, 7:43 am

≫ Next: Ambassador Friedman: Israel shouldn't have to ask U.S. permission to build in West Bank

≪ Previous: Upgrade to TCL’s 49-inch HDR-compatible 4K Roku TV for $270 shipped (Reg. $320)

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Reported by CaughtOffside 6 hours ago.

Ambassador Friedman: Israel shouldn't have to ask U.S. permission to build in West Bank

September 8, 2018, 7:43 am

≫ Next: MORGAN STANLEY: Cloud usage will more than double in the next two years —and that's great news for the stocks of these 8 high-tech companies (MSFT, AMZN, GOOG, GOOGL)

≪ Previous: Proven right? Ex-Man United manager decided against paying Juventus’ £65m asking price for Paul Pogba transfer

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In extensive interview to Israeli daily, Friedman says the administration never challenges Israeli construction plans for settlements, addresses Trump statement that Israel will have to pay 'high price' for embassy move Reported by Haaretz 6 hours ago.

MORGAN STANLEY: Cloud usage will more than double in the next two years —and that's great news for the stocks of these 8 high-tech companies (MSFT, AMZN, GOOG, GOOGL)

September 8, 2018, 8:07 am

≫ Next: 2018 Week 36 Shorts vs Longs: XMR, BCH, BTC ,ETH, and IOTA Roundup

≪ Previous: Ambassador Friedman: Israel shouldn't have to ask U.S. permission to build in West Bank

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Tech titans like Amazon and Microsoft aren't the only ones that are benefitting from the mass migration of businesses to the cloud.

As cloud computing becomes more ubiquitous in the IT industry, those same cloud giants are ramping up the amount they're spending on servers and data center equipment — and that's great news for those vendors from whom they buy their hardware and software. 

Today, public clouds account for just 20% of all computing workloads, but that percentage could grow to 48% by the end of 2020, according to Morgan Stanley.

In a report published on Tuesday, analyst Katy L. Huberty forecast that global capital expenditure spending among 14 major cloud companies  will increase 35% in 2018, up from 16% growth in 2017. Morgan Stanley estimates that Google, Amazon, Facebook and Microsoft alone will account for 73% of that growth in 2018. 

These forecasts are based on spending at the companies which Morgan Stanley identifies as the most likely to invest in cloud infrastructure. It also includes other capital expenditure investments that the company might make, as well. 

Those dollars — spent by companies with large cloud businesses like Google, in addition to those who run their own clouds to power their business, like Facebook — will greatly benefit the vendors that sell data centers, servers and networking equipment. 

These are the 8 companies Huberty said have the most to gain from the growing cloud industry.

*SEE ALSO: Goldman Sachs was an early backer of Uber, Dropbox and Spotify — here's what its CFO says the bank looks for in a startup investment*

-Arista-

Arista is a California-based networking company which contentiously competes with its rival Cisco in the space for network switches.

Currently, Arista trades around $266 a share, with a market cap of nearly $20 billion. Morgan Stanley has a price target of $310 per share for the company. -Aspeed-

Aspeed is a Taiwanese company in the System in a Chip (SoC) space. The company sells chips for server management and desktop virtualization. 

Aspeed trades on the Taipei Stock Exchange. It's currently valued at 744 Taiwanese dollars, but Morgan Stanley has a price target of 777 Taiwanese dollars, and expects the company to "bear fruit in 2019."-CyrusOne-

CyrusOne is a Dallas, Texas-based real estate trust company, which invests in data centers from which other companies rent capacity. The company has partnerships with Amazon Web Services, Google Cloud Platform and Microsoft Azure to provide hybrid cloud solutions, in which their clouds integrate with CyrusOne-operated servers. 

The company currently trades around $66 with a market cap around $6.6 billion. Morgan Stanley has a price target of $68. 
See the rest of the story at Business Insider Reported by Business Insider 5 hours ago.

2018 Week 36 Shorts vs Longs: XMR, BCH, BTC ,ETH, and IOTA Roundup

September 8, 2018, 8:01 am

≫ Next: Dell’s annual sale, 4K TV discounts and more of the week’s best tech deals

≪ Previous: MORGAN STANLEY: Cloud usage will more than double in the next two years —and that's great news for the stocks of these 8 high-tech companies (MSFT, AMZN, GOOG, GOOGL)

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An uneasy sentiment looms overhead for all cryptocurrency markets. This past week’s massive dip has shifted the “long vs short” margin positions quite a bit. With the weekend upon us, now is a good time to see how speculators envision the future price movements of all top currencies. The following currencies are ranked by ascending […]

The post 2018 Week 36 Shorts vs Longs: XMR, BCH, BTC ,ETH, and IOTA Roundup appeared first on NullTX. Reported by The Merkle 6 hours ago.

Dell’s annual sale, 4K TV discounts and more of the week’s best tech deals

September 8, 2018, 8:08 am

≫ Next: Katie Price 'shouts and swears at Kieran Hayler’s new girlfriend Michelle Penticost for kissing daughter Bunny'

≪ Previous: 2018 Week 36 Shorts vs Longs: XMR, BCH, BTC ,ETH, and IOTA Roundup

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Summer is coming to an end, which means that soon we’ll all be retreating to our living rooms and getting cozy for the winter. Whether you’re looking forward to football season or pilot season, now is the perfect time to upgrade your TV setup. Walmart and Amazon are both running discounts on 4K TVs in several price ranges. TCL’s Roku Smart TVs are always a good budget pick; if you’re going to splurge, Sony’s $6,000 75-inch Smart LED TV is half off at Amazon.

If you’re in the market for a smaller screen, Dell is running its annual sale on Inspiron, Alienware and XPS laptops and desktop PCs. Save an extra 17 percent already discounted prices with code *SAVE17*.

-4K TVs-

· Sharp 55” Class 4K Ultra HD Smart LED TV at Walmart for $299.99 (usually... Reported by The Verge 5 hours ago.