News Analysis Report: Outfront Media Inc (NYSE:OUT), Barracuda Networks Inc (NYSE:CUDA)

On Wednesday, Shares of Outfront Media Inc (NYSE:OUT), added 2.40% and closed at $22.60 in the last trading session. The last trading range of the stock ranges between $21.95 and $22.61. Recently OUTFRONT Media (OUT), one of the leading out-of-home media companies in North America, declared its official partnership with Operation Toy Soldier, a nationwide toy drive, that will begin November 16 and run through December 16. Operation Toy Soldier is a toy collection program started by Veterans Funeral Care to provide gifts to the children of deployed and non-deployed soldiers. OUTFRONT Media will assist amplify the toy collection program by donating billboard advertising space and by encouraging the participation of company employees. Over three years, Operation Toy Soldier has contributed a combined 50,000 toys to families in need.

“We are extremely excited to partake in Operation Toy Soldier and honored to support military families in this small way,” said Jodi Senese, Chief Marketing Officer of OUTFRONT Media. “The OUTFRONT family is gearing up for collections in all of our offices, our in-house creative team has developed ads for promoting the program, and we’ve mapped out billboard space in each market. We hope to assist make this year’s toy drive the most successful yet.”

Aiming to provide for military children of all ages, Operation Toy Soldier is anchored by a hyper-local approach. For example, toys donated in the Atlanta area will go to a soldier’s family in Atlanta, and all of the collections in a region are made by the local military bases.

Barracuda Networks Inc (NYSE:CUDA), dropped -0.16% and closed at $24.23 in the last trading session. The last trading range of the stock ranges between $23.62 and $24.30. The company’s Market capitalization is $1.29 Billion with the total Outstanding Shares of 52.30 million. – Barracuda Networks, Inc. (CUDA) recently declared a joint effort with RingCentral, Inc. (RNG) to offer Barracuda Phone System resellers an expanded portfolio of cloud services and an easy path to transition their existing customers to a cloud-based telephony communications solution.

In July, Barracuda declared the end of life for Barracuda Phone System as part of the company’s efforts to focus resources on its core products and markets. With RingCentral offerings, resellers can expand their communications capabilities with voice, video, messaging, conferencing, fax, partnershipand integrations with other enterprise cloud solutions.

“The cloud is dramatically changing the way we do business, and cloud-based communications offer partners an excellent opportunity to assist their customers implement a solution that can efficiently scale together with them as their business grows,” said Ken Grohe, senior vice president and general manager, Emerging Products, at Barracuda. “Customer satisfaction is central to everything we do at Barracuda, and that philosophy is aligned at RingCentral. RingCentral is a market leader in enterprise cloud phone solutions, and offers an alternative for Barracuda Phone System customers.”

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