Lexmark executed on three very significant corporate activities within the last 60 days – the announcement of a quarterly cash dividend program, the acquisition of Pallas Athena and a $125 million share repurchase of Lexmark stock, all of which strongly reflect Lexmark’s confidence in the future of its business. Through the company’s capital allocation strategy, Lexmark will continue to return value to its shareholders and plan for acquisitions that further strengthen and differentiate Lexmark’s fleet management, business content management and business process management (BPM) software solutions.
To view Multimedia News Release, go to http://multivu.prnewswire.com/mnr/lexmark/48231/
Lexmark’s third quarter financial results were highlighted by solid free cash flow generation and ongoing growth in Perceptive Software and managed print services (MPS). Lexmark offers an attractive dividend yield as it continues solid execution of the company’s capital allocation framework.
Lexmark continues to leverage its investment in the Perceptive Software portfolio in combination with smart multifunction products (MFPs) to reduce the complexities of manual processes and heighten performance for its customers. The quarter was highlighted by an array of new product and solution introductions from both Lexmark and Perceptive Software, including the first industry recognition for Lexmark’s new color laser printers and MFPs.
To view Multimedia News Release, go to http://www.multivu.com/mnr/48245-lexmark-perceptive-software-quarterly-business-roundup
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Ramco Systems, an enterprise software product company focused on delivering ERP, HCM and Aviation on Cloud, Tablets and Smart phones today announced that its comprehensive HR & Talent Management solution, Ramco HCM on Cloud (Human Capital Management) will now be available with GPS (Global Positioning System) and NFC (Near Field Communication) Support. With this new feature, Ramco HCM will offer its customers the option to record NFC based time and attendance to authenticate, trace and interact with employees at various levels.
To view Multimedia News Release, go to http://www.multivu.com/mnr/65006-ramco-systems-mobile-new-attendance-kiosk
As asset growth in traditional hedge funds from institutional investors continues to slow, hedge fund managers are pinning their hopes on the power of new products to attract investor assets and drive growth. However, many are underestimating the costs involved and the effect on margins, according to EY’s 2014 global hedge fund and investor survey: Shifting strategies: winning investor assets in a competitive landscape.
To view the Multimedia News Release, go to: http://www.multivu.com/players/English/7365751-ey-survey-institutional-investors-shifting-allocation-strategies-driving-hedge-funds-towards-new-products/