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Computer industry

Stocks in Focus: Avnet, Duke Energy, Emulex, TRC Companies, and Interactive Data Corporation Report Notable Developments

Strategic Insights

— 2 min read

On October 13, 2009, several notable companies in the market were highlighted for their recent developments. Avnet, Inc. (NYSE: AVT) announced that it will bring Scale Computing's new IBM-based storage appliance to resellers serving the midmarket. This move aims to expand Avnet's offerings in the storage and server segment.

Duke Energy (NYSE: DUK) initiated a distributed solar generation program in North Carolina, with four sites selected to have solar energy systems installed on their rooftops. This program is a step towards reducing carbon emissions through energy efficiency.

Emulex Corporation (NYSE: ELX) expanded the performance and versatility of its InSpeed Bridging technology by adding support for Serial Attached SCSI (SAS) to Serial Advanced Technology Attachment (SATA) bridging in SAS environments.

TRC Companies, Inc. (NYSE: TRR) was awarded a $500,000 grant by the New Hampshire Public Utilities Commission (NH PUC) to provide energy benchmarking services to the state's K-12 schools.

Interactive Data Corporation (NYSE: IDC) built an expanded financial informational suite for Scivantage's web resource, extending its product line for U.S. brokerages and banks.

Iron Mountain Incorporated (NYSE: IRM) announced a program for general counsel to get answers to their pressing eDiscovery questions.

Key Takeaways:

  • Avnet will bring Scale Computing's new IBM-based storage appliance to resellers serving the midmarket, aiming to expand its offerings in the storage and server segment.
  • Duke Energy initiated a distributed solar generation program in North Carolina, with four sites selected to have solar energy systems installed on their rooftops.
  • Emulex Corporation expanded the performance and versatility of its InSpeed Bridging technology by adding support for SAS HDDs in Fibre Channel environments.
  • TRC Companies, Inc. was awarded a $500,000 grant by the NH PUC to provide energy benchmarking services to the state's K-12 schools.
  • Interactive Data Corporation built an expanded financial informational suite for Scivantage's web resource, extending its product line for U.S. brokerages and banks.
  • Iron Mountain Incorporated announced a program for general counsel to get answers to their pressing eDiscovery questions.
  • Avnet has two primary operating groups: Electronics Marketing (EM) and Technology Solutions (TS).
  • Duke Energy is the third largest electric power holding company in the United States, serving approximately 4 million customers across five states.
  • Emulex Corporation is a leading provider of converged networking solutions for the data center, providing intelligent networking services for servers, networks, and storage devices.
  • TRC Companies, Inc. has approximately 2,600 employees and more than 70 domestic offices.
  • Interactive Data Corporation is a leading global provider of financial market data, analytics, and related solutions to financial institutions and individual investors.
  • Iron Mountain Incorporated helps organizations reduce the costs and risks associated with information protection and storage.

Statistics:

  • Avnet's share price was $22.34 on a volume of 71,164 shares.
  • Duke Energy's share price was $79.61 on a volume of 56,300 shares.
  • Emulex Corporation's share price was $12.43 on a volume of 285,191 shares.
  • TRC Companies, Inc.'s share price was $29.83 on a volume of 5.21M shares.
  • Interactive Data Corporation's share price was $28.25 on a volume of 652,915 shares.
  • Iron Mountain Incorporated's share price was $8.55 on a volume of 5,400 shares.
  • Avnet's market capitalization is approximately $1.4 billion.
  • Duke Energy's market capitalization is approximately $31 billion.
  • Emulex Corporation's market capitalization is approximately $370 million.
  • TRC Companies, Inc.'s market capitalization is approximately $340 million.
  • Interactive Data Corporation's market capitalization is approximately $3.2 billion.
  • Iron Mountain Incorporated's market capitalization is approximately $2.4 billion.

Sources:

  • M2 PRESSWIRE via COMTEX
  • Avnet, Inc. (NYSE: AVT)
  • Duke Energy (NYSE: DUK)
  • Emulex Corporation (NYSE: ELX)
  • TRC Companies, Inc. (NYSE: TRR)
  • Interactive Data Corporation (NYSE: IDC)
  • Iron Mountain Incorporated (NYSE: IRM)
  • Comtex SmarTrend Alert

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