Thursday, June 28, 2012

Jamba's Turnaround Seems Close To Complete

from Seeking Alpha: 

>>Jamba Inc. (JMBA) has traditionally been a restaurant retailer serving smoothies and some snacks. The company was hit hard by the recession as its aggressive growth caught up with it. Comparable company store sales declined during the crisis and JMBA underwent a management shake-up.
The new CEO, James White, has revamped the business plan and the company is now focused on being a healthy active lifestyle brand. He has implemented a turnaround that focused on franchise store growth, cost controls and the development of a consumer product platform through licensing deals with leaders in the consumer product space. The market is not fully recognizing the enormous transformation at JMBA.
JMBA shares trade at a meaningful discount to my estimate of a conservatively calculated intrinsic value ($2.60) around 25% higher than the current share price.

Equinix's Analyst Meeting Details The Journey To $3 Billion In Revenues

Read the whole article at Seeking Alpha: 

>>Last week Equinix (EQIX) held its fifth Investor Analyst Day at the Times Center in New York City, followed by a visit to the NY4 and NY5 data centers, the following day.
Almost 300 investors and financial analysts participated at the event, which included several guests, such as Geoffrey Moore, high tech consultant and author of "Crossing the Chasm" and "Escape Velocity," and a member of the Akamai (AKAM) board of directors, and a few customers, such as Tricia San Cristobal from Bloomberg, Richard Estes from BNY Mellon (BK), Peder Ulander from Citrix (CTXS) and John Wick, Global Network Solutions at Syniverse, who highlighted their experience with the company and the value of the Equinix's partnership to their business.

Wednesday, June 27, 2012

Hibernia Atlantic Expands Its Global Express Platform into Equinix Data Center in Tokyo

from marketwatch: 

>>SUMMIT, N.J. & DUBLIN, Jun 27, 2012 (BUSINESS WIRE) -- --Key Points:
--Hibernia's low latency financial network extended using Equinix Tokyo data center
--Offers financial firms secure, low latency access in the center of global financial trading activity
--Hibernia extends its global Ethernet service into Tokyo, Singapore and Hong Kong
Hibernia Atlantic, a provider of global capacity services, announces today the expansion of Hibernia's Global Express Platform into the Equinix TY2 Tokyo International Business Exchange(TM) (IBX(R)) data center. This extends Hibernia's low latency network from other key Equinix locations such as Chicago, Secaucus, and Slough, offering Hibernia's clients, including exchanges, banks, execution venues, hedge funds and market data providers, ultra low latency trading between Tokyo and other key cities.
"Equinix is an integral part of the financial services marketplace with a presence across the top 16 financial markets worldwide," states Joseph Hilt, Senior Vice President of Financial Services for Hibernia Atlantic. "By connecting our secure, diverse low latency network into Equinix's premium facility, we can further ensure our customers are in the center of global financial trading activity."
Platform Equinix(TM) provides secure, carrier-neutral data centers across 38 markets worldwide. Equinix's TY2 facility is strategically located to accommodate demand for bandwidth and high capacity connectivity throughout the region. In the Asia-Pacific region, Equinix currently operates data centers in Hong Kong, Singapore, Sydney and Tokyo, and recently announced it is expanding into Shanghai.
"We are pleased that Hibernia has chosen Equinix's TY2 data center to expand into the Asia-Pacific region," comments John Knuff, General Manager, Global Financial Services at Equinix. "Hibernia Atlantic has been part of Equinix's well-established, global financial ecosystem and now our financial customers in Japan will be able to connect quickly to Hibernia's Global Express Platform that offers fast and secure connectivity to major financial centers around the world."
Hibernia Atlantic recently expanded into Asia Pac-Rim, connecting its high capacity, secure network across the Pacific Ocean. Now Asian financial companies can quickly access other key financial routes, such as Chicago to Tokyo and Tokyo to London.
Built upon over 24,000 kilometers of submarine and terrestrial fiber network, Hibernia Atlantic provides simplified global reach to key cities throughout North America, UK, mainland Europe and Asia. Hibernia offers rapid installation to over 60 global exchanges and low latency entry points plus 120 international carrier telecom facilities.

Interactive Data Reduces Latency With New Asia Ticker Plants

from Yahoo: 

>>HONG KONG--(Marketwire -06/27/12)- Interactive Data Corporation, a leading global provider of managed ultra-low latency IT and market data services to facilitate electronic trading today announced that its ticker plants in Asia are now live. Based in two data centres in Hong Kong, the new ticker plants offer a significant reduction in the latency of PlusFeed(SM), Interactive Data's low-latency, consolidated global data feed.
With increasing adoption of electronic trading in Asia, market data has become a crucial issue. Firms require high quality data at the desired speed from across the region. The new ticker plants, located with Pacnet at MEGA-iAdvantage and with Equinix in their HK1 facility, provide Interactive Data's clients with lower latency access to Asian venues covered by PlusFeed, as well as to a wide range of additional international sources.
Interactive Data's new low-latency co-location facilities in Hong Kong will also offer international clients the option to co-locate their applications alongside the ticker plants. This will enable them to obtain optimised low-latency delivery of Asian data via the Interactive Data sites in Hong Kong.
Direct or cross-connect access to a wide range of global exchanges is also available in Asia through Interactive Data's Points of Presence (POPs) with leading global providers of data centers and technology services, including Equinix, Inc. (EQIX), Interxion, Telex and KVH.

Monday, June 25, 2012

Goldman Cuts Smartphone Growth View on Economic Downturn


>> Smartphone units may total 649 million, down from her prior 668 million estimate, representing 38% growth, down from 42% growth.

Capstone Investments Downgrades Immersion (IMMR) to Sell


>>Capstone Investments downgraded Immersion (NASDAQ: IMMR) from Hold to Sell.

Jamba Juice opens new location in Philippines


>>Jamba Juice, a California-based restaurant retailer, has opened its third outlet in the Philippines at the SM Mall of Asia on 23 June 2012.
Located besides the SM Ice Skating Rink, the new outlet is more like a stall with only few chairs and tables.

Jamba Juice Philippines marketing director Mark Gamboa told the ABS that the opening of the new branch is part of the company's commitment to expand the availability of the California brand.

The company also plans to come up with 37 more stores in the country within the next one decade.