Luxoft Acquires IntroPro For Undisclosed Sum

Luxoft Acquires IntroPro For Undisclosed Sum

Luxoft Holding, a provider of software development services, said Wednesday morning it acquired IntroPro, an engineering consultancy. Luxoft said this acquisition further deepens its vertical expertise and widens current offering for the wireless and cable / satellite providers. Financial terms of the acquisition weren’t disclosed. IntroPro generates over 90% of its revenue from the telecom/media sector, serving several blue chip clients based in North America.

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Gran Tierra Energy Sees Reserves Increase From 2015 Levels

Gran Tierra Energy Sees Reserves Increase From 2015 Levels

Gran Tierra Energy, an oil and gas exploration and production company, said its proved plus probable, or 2P, reserves increased by 91% compared with year-end 2015 and its proved plus probable plus possible, or 3P, reserves increased by 146% over the same time period. The company’s reserves base is producing approximately 32,000 barrels of oil equivalent per day. Its asset portfolio is forecasted to generate net cash provided by operating […]

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ServiceMaster Global Reaffirms FY16 Guidance

ServiceMaster Global Reaffirms FY16 Guidance

ServiceMaster Global Holdings reaffirmed pre-market Wednesday its FY16 revenue and adjusted EBITDA outlook and named Anthony DiLucente as its new CFO. The provider of pest control and other home services said it continues to expect FY16 sales of $2.74 billion to $2.75 billion with adjusted EBITDA of $665 million to $675 million. Analysts polled by Capital IQ are expecting full-year revenues of $2.75 billion. The company said DiLucente will succeed […]

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Popeyes Boosts Q4 Comp Store Sales Growth Guidance

Popeyes Boosts Q4 Comp Store Sales Growth Guidance

Popeyes Louisiana Kitchen rose 5% in Wednesday’s afternoon trade after the quick-service restaurant operator raised its full year 2016 comparable store sales outlook and provided updated guidance for fiscal 2016 earnings in line with analysts’ estimates. The company said that it expects to report FY16 comparable sales growth 2.8% versus 1.7% that it had initially announced late Tuesday. The prior growth guidance was 1% to 2%. It now sees full-year […]

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Renren Reports Q3 Loss Narrows From Year Ago; Sales More Than Double

Renren Reports Q3 Loss Narrows From Year Ago; Sales More Than Double

Renren shares declined 1.2% intraday after the company reported late Thursday a Q3 adjusted loss of $17.3 million compared with a loss of $68.3 million a year ago. Sales over the three months ended Sept. 30 more than doubled to $17.9 million from $8.8 million a year ago, according to a company statement. Detailing its outlook, the company said it expects to generate revenues of $18.5 million to $20.5 million […]

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