On Thursday, Shares of Coty Inc (NYSE:COTY), subtract -1.35% and closed at $24.76 in the last trading session. The last trading range of the stock ranges between $24.68 and $25.34. Coty Inc. (COTY) declared recently that it has accomplished the merger of The Procter & Gamble Company’s fine fragrance, color cosmetics, salon professional and hair color and certain styling businesses (“P&G Specialty Beauty Business”) into Coty. Coty is now the third-leading beauty company in the world, with about $9 billion in revenue. As a combined company, Coty will also hold the number one position in fragrances, and number two and three positions in salon hair and color cosmetics, respectively.
As formerly declared, following the completion of the merger, Camillo Pane became the new Chief Executive Officer of Coty. Commenting, Pane said, “It is my great privilege to take over the reins of leadership at such a transformational moment. Recently marks a new chapter in Coty’s rich heritage. With this merger, we have brought together a powerful portfolio of much loved beauty brands and some of the world’s most talented people in beauty and consumer goods. I believe this combination, together with our distinctive entrepreneurial culture, focused and lean operating structure, and efficient earnings model, will facilitate Coty to be a challenger in the beauty industry. We aim to relentlessly pursue superior products and solutions, build brands that inspire and facilitate consumers to celebrate and liberate their own individual beauty.”
Symantec Corporation (NASDAQ:SYMC), dropped -0.35% and closed at $25.30 in the last trading session. The last trading range of the stock ranges between $25.20 and $25.39. The company’s Market capitalization is $15.83 Billion with the total Outstanding Shares of 615.59 million. Recently at Connect 2016, Symantec a global leader in cyber security, and VMware (VMW) a global leader in cloud infrastructure and business mobility, declared the development of a planned partnership to bring together endpoint administration and threat security where Symantec joins the VMware Mobile Security Alliance.
Effective cyber security requires understanding and leveraging the most recent in information intelligence, machine learning, behavior analysis, zero-day threats and big data. It is crucial to bring this type of intelligence into mobile security as devices and apps have increasingly become the target for cyber attacks ranging from malware to ransomware. In the 2016 Internet Security Threat Report, Symantec stated that new mobile vulnerabilities raised by 214 percent in 2015. This validates the need to complement threat intelligence with comprehensive endpoint administration to achieve end-to-end security from the device to inside the data center.
To address the challenges of raised vulnerabilities, Symantec and VMware plan to integrate their cyber security and endpoint administration technologies. Symantec and VMware will be working to facilitate organizations to have the ability to leverage advanced machine learning techniques through Symantec’s Global Intelligence Network with integrated identity administration and unified endpoint administration via the VMware AirWatch compliance engine.
Centurylink Inc (NYSE:CTL), lost -0.22% and closed at $26.97 in the last trading session. The last trading range of the stock ranges between $26.67 and $27.03. During the 52-week trading session the minimum price at which share price traded, registered at $21.94 and reached to max level of $32.94. CenturyLink, Inc. (CTL) recently declared it has been named a “Leader” in the IDC MarketScape: Canadian Data Centre Operations and Administration Vendor Assessment (Doc #CA40622416, Sept. 30, 2016). The IDC MarketScape measures the capabilities and offerings of data centre service providers and their qualifications to meet the current and future needs of Canadian organizations.
CenturyLink delivers hybrid IT solutions for Canadian companies through robust platforms of cloud services and managed hosting combined with four CenturyLink data centres across Canada – two in Toronto, one in Montreal, and one in Vancouver – that are connected with CenturyLink data centres and cloud nodes around the globe. CenturyLink’s enterprise-grade cloud infrastructure solutions have been offered in Canada since 2010, and address data sovereignty requirements for Canadian enterprises and multi-national corporations seeking to establish a local presence.
“Being recognized as a Leader in this IDC MarketScape is continued validation of CenturyLink’s commitment to our Canada-based customers,” said Ash Mathur, regional vice president and country manager for CenturyLink’s Canadian operations. “As a leading global IT services provider, we are assisting a number of Canadian organizations embark on their hybrid IT journey. We are proud to be named a Leader by the IDC MarketScape.”