GLG News by Generic BPO Services Evaluators (North America)

Hakan AkbasPresident & FounderGlobal Dealings, LLC

Lexmark: Is It Finally Game Over?

April 26, 2011

Analysis of:Lexmark: Is It Finally Game Over? | akbaspost.blogspot.com

Lexmark has missed the boat on many fronts; The office products industry has been consolidating rapidly due to oversupply of commodity products offered at incredibly low prices particularly in the low to medium segment. Lexmark does’t have deep financial pockets, secured customer access in new markets particularly in non-US and emerging economies, a credible footprint of managed print services capabilities and captive channels of distribution.

Hakan AkbasPresident & FounderGlobal Dealings, LLC

Autonomy Q1 Results - Revenue Ahead of Consensus, Earnings Light

April 21, 2011

Analysis of:Autonomy Q1 Results - Revenue Ahead of Consensus, Earnings Light | autonomy.com

Autonomy, a leading vendor in the high-growth markets of Enterprise Search, eDiscovery and Content Management., has announced a strong quarter with good growth in revenue, profits and other key metrics today.  Revenues were $220 million ahead of consensus $216 million,  PBT (adj.) $95 million ahead of consensus $90 million, operating margin (adj.) 43% vs consensus 42%.

Hakan AkbasPresident & FounderGlobal Dealings, LLC

Xerox Q2 Results Average, but Upside Catalysts Remain Elusive Despite ACS

April 21, 2011

Analysis of:Xerox Q2 Results Average, but Upside Catalysts Remain Elusive Despite ACS | news.xerox.com

After announcing its Q2 results today, Xerox was trading at $10.22 a share after dropping more than 5% on intensifying competition, slowing industry wide unit volume growth, continued mix shift towards lower-margin services contracts and incremental supply chain costs (particularly in 2Q) related to Japan to pressure near-term results. We are working on a very detailed assessment of the company, trends in the technology business, update on ACS merger and its outlook for 2011.

Hakan AkbasPresident & FounderGlobal Dealings, LLC

Turkish mergers reach $30 billion in 2010

April 20, 2011

Analysis of:Turkish mergers reach $30 billion in 2010 | akbaspost.blogspot.com

The volume of mergers and acquisitions, or M&As, in Turkey approached $30 billion in 2010, according to estimates from Ernst & Young. 241 M&A transactions took place in Turkey last year, representing a rise of 108 percent. 

Hakan AkbasPresident & FounderGlobal Dealings, LLC

Private equity funds search for Turkish companies

April 20, 2011

Analysis of:Private equity funds search for Turkish companies | akbaspost.blogspot.com

Domestic and foreign investment funds are seeking companies to take in a partnership in Turkey. Turkey has increased its attractiveness for foreign investors, despite the global crisis as the OECDs highest growth market and only third in the world after China and Argentina in 2010

Hakan AkbasPresident & FounderGlobal Dealings, LLC

Intel & IBM highlight rebound in IT spending, cloud services & emerging markets

April 19, 2011

Analysis of:Intel and IBM highlight rebound in IT spending and increasing momentum in cloud | akbaspost.blogspot.com

The latest earnings reports from IBM, Intel,WMware continue to show strong rebound in IT spending including a shift toward cloud computing and emerging economies.Intel reported revenues of $12.8bn, up 25% on a year ago. Profits of 56 cents a share were up 30 per cent on a year ago and beat expectations of 46 cents.IBM’s revenues rose 8% to $24.6bn and its operating earnings rose 21% to $2.41 a share. But its shares slipped amid concerns for signings of new contracts by its services businesses.

Hakan AkbasPresident & FounderGlobal Dealings, LLC

eBAY to expand in Turkey taking a 93% stake in GittiGidiyor

April 19, 2011

Analysis of:eBAY to expand in Turkey taking a 93% stake in GittiGidiyor | akbaspost.blogspot.com

e-commerce continues to expand overseas boosting growth prospects for companies such as ebay and amazon via acquisitions. eBay has agreed to buy Turkey's leading online marketplace in Turkey. Accordingly, eBay today announced that it has agreed to acquire additional shares in GittiGidiyor, the leading online marketplace in Turkey. The deal follows eBay’s acquisition of a minority stake in the company in 2007. Upon closing of the transaction, eBay will own approximately 93% of the outstanding shares of GittiGidiyor. Terms of the deal were not disclosed.

Mark MariottiChief Executive OfficerFuture Management Holdings Inc

Social Security Fund or Fantasy?

March 26, 2011

Boomers Alert! The Incredible Shrinking Social Security Fund - 

Howard BruckChief Information OfficerHUDSON VALLEY BANK

Data: Information Technology's Next Greatest Challenge

March 9, 2011

Analysis of:2011 State Of Storage Survey | www.informationweek.com

The amount of data generated continues to grow at 20% or more each year. While new storage hardware can adequately record all this information, we are losing control of the data itself. The current solution of simply adding more storage capacity perpetuates the issue. The better long term answer is to understand and control our information. Some solutions like de-duplication from EMC, Symantec, and Falconstor provide some relief, but not nearly enough to overcome this issue.

Mark MariottiChief Executive OfficerFuture Management Holdings Inc

Madison, Wisconsin -US or Egypt?

February 17, 2011

Madison, Wisconsin -US or Egypt? OK - OK I realize this title can be alarming; but that was really the reason why I used it.

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