Mitel Leverages Strong Cash Position to Voluntarily Repay $25M Against Existing Credit Facility
GlobeNewswire - Thu Feb 12, 9:30AM CST
Mitel(R) (Nasdaq:MITL) (TSX:MNW) a global leader in business communications, announced today that the company will be making a US$25 million payment against its existing credit facility. The payment is consistent with the company's commitment to shareholders and the investment community to utilize surplus cash reserves to reduce debt.
MNW.TO: 12.88 (+0.14), MITL: 10.33 (+0.12)
Mitel Confirmed as Global Market Share Leader for Business Cloud Communications
GlobeNewswire - Thu Feb 12, 7:01AM CST
Mitel (Nasdaq:MITL) (TSX:MNW) continues to extend its lead in cloud communications worldwide with confirmation that it is now the global market share leader, according to a new report from Synergy Research Group. As of Q3 2014, Mitel powers nearly 20 percent of all cloud communications based on subscriptions and seats with more than 850,000 cloud seats globally.
MNW.TO: 12.88 (+0.14), MITL: 10.33 (+0.12)
Mitel Helps Service Providers Streamline Cloud Communications and Lower TCO with MiCloud
GlobeNewswire - Thu Feb 12, 7:01AM CST
Mitel(R) (Nasdaq:MITL) (TSX:MNW) has added new features to its MiCloud portfolio aimed at helping service providers quickly deliver cloud communications to their customers. Additionally, the latest release of the MiCloud solution contains a number of enhancements to help service providers lower Total Cost of Ownership (TCO) even further.
MNW.TO: 12.88 (+0.14), MITL: 10.33 (+0.12)
Mitel Selects Cloud-Based Billing Service from IDI Billing Solutions for EMEA Operations
Business Wire - Tue Feb 10, 8:04AM CST
IDI Billing Solutions, a leading developer of billing, rating, order management, workflow and selling solutions for the communications industry, announced it will provide the billing and OSS support for Mitel's (NASDAQ: MITL) (TSX:MNW) operations in the UK, supporting EMEA operations. IDI's cloud-based CostGuard(R) billing and OSS solution will run on Microsoft Corp's Microsoft Azure platform to support the regional rollout.
MNW.TO: 12.88 (+0.14), MITL: 10.33 (+0.12), MSFT: 43.87 (+0.78)
Mitel Announces December 2014 Fourth Quarter Financial Results Conference Call
GlobeNewswire - Thu Feb 05, 11:00AM CST
Mitel(R) (Nasdaq:MITL) (TSX:MNW) a global leader in business communications, today announced that it will release its fourth quarter 2014 financial results before the market opens on Thursday, February 26, 2015.
MNW.TO: 12.88 (+0.14), MITL: 10.33 (+0.12)
Cloud Collaboration Market by Solution 2014-2019: Enterprise Content Management/Document Management System, Unified Communication, Project Management, Enterprise Social Collaboration
M2 - Sat Jan 31, 12:49AM CST
Research and Markets (http://www.researchandmarkets.com/research/t7mg6h/cloud) has announced the addition of the "Cloud Collaboration Market by Solution - Worldwide Forecast and Analysis (2014 - 2019)" report to their offering. Cloud collaboration market is expected to grow from $10.5 billion in 2014 to $21.4 billion by 2019, at a Compound Annual Growth Rate (CAGR) of 15.3% from 2014 to 2019. As businesses have roamed most of the processes into the cloud than on-premise, it has become easy for the users to upload, comment and edit files with the help of solutions in cloud collaboration market. Traditionally, collaboration was done face to face, via email, and telephone which was time consuming and inefficient. However, the organizations felt the need for real-time communication and collaboration to improve the performance and efficiency of the employees. The cloud collaboration market tools now provide users with real-time sharing, commenting, messaging, replies, and many more capabilities. These capabilities become useful as business is now able to connect with business partners, customers, and employees. These capabilities further ensure interaction between teams in different locations and allow them to work together, share needful information, conduct live meetings, give presentations, and provide training sessions. Thus, collaboration technologies save time, increases efficiency, provide easy access, and maintain relationship with the clients. Many of the small vendors are using their technical expertise in developing applications and deploying those applications on cloud which a user can access in a "pay-per-use" type of a model. Consumers now interact with businesses primarily through social, mobile, and online systems and hence there is a requirement to provide better and easy access to ensure uninterrupted communication. The companies providing cloud collaboration solutions are looking forward to make new technologies, investments and upgrades to position themselves best in the market and capture the cloud collaboration market. The collaboration solutions are fairly distributed across all the major verticals such as telecom, healthcare, government, manufacturing, financial services, and others. Globally, cloud collaboration adoption rate is increasing due to the growing implementation rate in APAC, LA, and MEA regions. Key Topics Covered: 1 Introduction 2 Research Methodology 3 Executive Summary 4 Premium Insights 5 Market Overview 6 Industry Trends 7 Cloud Collaboration Market, By Types 8 Cloud Collaboration Market: By Deployment Model 9 Cloud Collaboration Market, By Vertical 10 Cloud Collaboration Market: Geographic Analysis 11 End User Analysis 12 Competitive Landscape 13 Company Profiles - Avaya, Inc. - Broadsoft, Inc. - CISCO Systems, Inc. - Citrix Systems - Google, Inc. - IBM - Intralinks Holdings, Inc. - Microsoft Corporation - Mitel Networks Corporation - Salesforce.Com For more information visit http://www.researchandmarkets.com/research/t7mg6h/cloud
IBM: 160.40 (+1.88), GOOGL: 551.16 (+5.15), MITL: 10.33 (+0.12), MSFT: 43.87 (+0.78), CTXS: 64.51 (+0.80), CSCO: 29.43 (-0.03), CRM: 62.85 (+1.59)
Nasdaq stocks posting largest percentage decreases
AP - Thu Jan 29, 5:14PM CST
NEW YORK (AP) — A look at the 10 biggest percentage decliners on Nasdaq at the close of trading:
RDWR: 20.85 (+0.42), ESIO: 6.50 (+0.02), MCEP: 6.29 (+0.12), OTEX: 61.19 (+0.99), SSRI: 6.26 (+0.13), OTC.TO: 76.24 (+1.06), AREX: 8.15 (+0.27), SSO.TO: 7.81 (+0.16), EZPW: 9.96 (-0.29), WLB: 28.91 (+0.29), ATTU: 9.93 (+0.05), MITL: 10.33 (+0.12), XNCR: 15.47 (-0.22), FTNT: 33.23 (+0.25)
Mitel CEO Rich McBee to Deliver Keynote Address at ITEXPO
GlobeNewswire - Fri Jan 23, 7:32AM CST
Mitel (Nasdaq:MITL) (TSX:MNW) president and CEO Richard McBee will deliver a keynote address at ITEXPO in Miami next week where he will share his thoughts on the current state of Unified Communications (UC), where he believes the industry and technology is headed, and what's next for Mitel.
MNW.TO: 12.88 (+0.14), MITL: 10.33 (+0.12)
Mitel Networks: Turnaround Has Materialized, More Growth Ahead
David Zanoni - at Seeking Alpha - Thu Jan 15, 9:57AM CST
MITL: 10.33 (+0.12), CSCO: 29.43 (-0.03)
Cloud Communication Platform Market by Solution and Service: Global Forecasts to 2019 - API, IVR System, UCC, webRTC, & VoIP
M2 - Wed Jan 14, 3:33AM CST
Research and Markets (http://www.researchandmarkets.com/research/7rhff6/cloud) has announced the addition of the "Cloud Communication Platform Market by Solution and Service - Global Forecast to 2019" report to their offering. The global cloud communication platform market is $887.5 million in 2014 and is expected to reach to $3.23 billion in the year 2019. It is expected to grow with the Compound Annual Growth Rate (CAGR) of 29.5% during the year 2014 to 2019. The cloud communication platform market is occupied by vendors offering solutions and services ranging from the traditional PBX to the growing VoIP and unified communication and collaboration solutions. Due to the huge benefits offered by the market, the contact center industry is observed to be moving toward the cloud because of the cloud communication platform solutions greater flexibility, scalability, and business agility for contact centers, while saving significant costs over the long term. Organizations worldwide are increasingly adopting cloud communication platform solutions, and it is not only concentrated to one or few industry sectors; rather it is fairly distributed across all the major industry verticals. There are lots of small vendors who are using their technical expertise in developing applications and deploying those applications on the cloud platform which a user can access in a pay-per-use type of a model. Communication solutions deployed on the cloud is helping businesses to move toward the cloud as a change to improve customer experience. Its adoption by the contact center is playing a major role in competitive differentiation. The market also offers the Application Programming Interfaces (APIs) and software tools that help end users to develop their own applications and integrate them on the available cloud platform. Key Topics Covered: 1 Introduction 2 Research Methodology 3 Executive Summary 4 Premium Insights 5 Market Overview 6 Industry Trends 7 Cloud Communication Platform Market By Solution And Service 8 Market By Deployment Model 9 Market By Vertical 10 Cloud Communication Platform Market Geographic Analysis 11 End User Analysis 12 Competitive Landscape 13 Company Profiles - 8x8, Inc. - Alcatel-Lucent - Avaya, Inc. - Callfire, Inc. - Cisco Systems, Inc. - Fujitsu Limited - Genesys Telecommunications Laboratories, Inc. - IBM - Mitel Networks Corporation - Telestax - West IP Communications For more information visit http://www.researchandmarkets.com/research/7rhff6/cloud
IBM: 160.40 (+1.88), ALU: 3.89 (-0.03), MITL: 10.33 (+0.12), CSCO: 29.43 (-0.03), EGHT: 7.96 (+0.03)
Mitel to Present at the 17th Annual Needham Growth Conference
GlobeNewswire - Thu Jan 08, 9:04AM CST
Mitel(R) (Nasdaq:MITL) (TSX:MNW) a global leader in business communications, today announced that its management team will be participating at the 17 Annual Needham Growth Conference being held at the New York Palace Hotel in New York.
MNW.TO: 12.88 (+0.14), MITL: 10.33 (+0.12)
Ericsson Up to Buy, Riding High on Global Contracts - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Jan 05, 8:50AM CST
On Jan 3, Zacks Investment Research upgraded Ericsson (ERIC) to a Zacks Rank #2 (Buy), based on the company???s ongoing contracts spree on a global platform.
ERIC: 12.77 (-0.02), ARUN: 17.70 (-0.01), MITL: 10.33 (+0.12), VSAT: 62.71 (+0.53)
Harris' Contract Wins Impress, Low Federal Spending Bothers - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Dec 31, 1:15PM CST
On Dec 30, 2014, we issued an updated research report on Harris Corp. (HRS). The company has retained its revenue and earnings guidance for fiscal 2015.
HRS: 77.73 (+0.42), ARUN: 17.70 (-0.01), MITL: 10.33 (+0.12), VSAT: 62.71 (+0.53)
Mitel to Host Analyst Day in New York on December 4, 2014
GlobeNewswire - Mon Nov 24, 8:30AM CST
Mitel(R) (Nasdaq:MITL) (TSX:MNW), a global leader in business communications, today announced that it will hold a meeting for analysts and institutional investors at the New York Palace Hotel in New York City on Thursday, December 4, 2014.
MNW.TO: 12.88 (+0.14), MITL: 10.33 (+0.12)
Nokia Wins a Series of Deals on High Global LTE Demand - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Nov 21, 5:25PM CST
On Nov 17, 2014, we issued an updated research report on Nokia Corporation (NOK).
ERIC: 12.77 (-0.02), BBRY: 10.09 (+0.23), MITL: 10.33 (+0.12), MSFT: 43.87 (+0.78), NOK: 8.02 (+0.05)
ShoreTel makes a statement in connections with withdrawal of offer by Mitel
M2 - Wed Nov 19, 3:46AM CST
ShoreTel (Nasdaq:SHOR), a provider of a simple phone systems and unified communications solutions, on Tuesday declared that it is committed to delivering substantial and sustainable value to stockholders and that it is positioned to achieve its strategic goals and continue to accelerate growth and profitability.
MITL: 10.33 (+0.12), SHOR: 7.48 (-0.03)
Nokia and Urban Outfitters are big market movers
AP - Tue Nov 18, 3:50PM CST
NEW YORK (AP) — Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and the Nasdaq Stock Market:
EXH: 32.24 (+2.09), HAS: 62.74 (+0.58), HD: 111.89 (-0.27), MDT: 75.26 (+0.33), HAL: 44.19 (+1.42), CSIQ: 28.84 (-0.30), NOK: 8.02 (+0.05), URBN: 38.47 (+0.27), AGN: 229.49 (+1.87), DNR: 8.66 (+0.39), MITL: 10.33 (+0.12), AAPL: 127.08 (+0.62), FOLD: 8.36 (-0.11), BHI: 64.31 (+1.93)
ShoreTel Issues Statement Regarding Mitel Withdrawal
PR Newswire - Mon Nov 17, 8:00PM CST
ShoreTel® (NASDAQ: SHOR) (the "Company"
MITL: 10.33 (+0.12), SHOR: 7.48 (-0.03)
Apple Falls Despite UnionPay Deal, JD.com Plunges on Miss: Tech Winners & Losers
at The Street - Mon Nov 17, 4:40PM CST
ShoreTel takes a hit after suitor Mitel withdraws its buyout offer. Apple inched down, despite announcing an ecommerce partnership in China that could potentially yield billions of customers.
JD: 26.23 (-0.27), MITL: 10.33 (+0.12), AAPL: 127.08 (+0.62), SHOR: 7.48 (-0.03)
Mitel abandons ShoreTel bid
Seeking Alpha - at Seeking Alpha - Mon Nov 17, 9:31AM CST
MITL: 10.33 (+0.12), SHOR: 7.48 (-0.03)