Starbucks Corporation (NASDAQ:SBUX) is testing a mobile app in 150 Portland, Oregon, outlets that will enable customers to pre-order beverages on their iPhone. The app is expected to be launched in 2015 at which time it will be available on Android. The mobile ordering app complements Starbucks' existing mobile payment app which was launched in 2009. The payment app accounted for 14% of total transactions in 2014, up from 10% for the same period in 2013. Shares of Starbucks Corporation (NASDAQ:SBUX) are trading with a 52-week range of $67.93 to $82.50.Peoples Bancorp Inc. (NASDAQ:PEBO) reported an increase in Q3 earnings and revenue as the bank-holding company benefited from higher net interest income and margin increases. Its Q3 net income was $4.2 million, or $0.33 per diluted share, compared with $2.5 million, or $0.23 per diluted share, a year earlier. Peoples Bancorp Inc. (NASDAQ:PEBO) noted acquisition activities resulted in pre-tax expenses of $1.6 million for the quarter, while pension-settlement charges of $361,000 were also incurred in the quarter, although it didn't give a per-share earnings figure excluding those items. Three analysts polled by Capital IQ were looking for an adjusted profit of $0.38 per share, on average. Revenue--net interest income plus noninterest income--totaled $27.8 million, up from $23.3 million a year earlier and matching the mean estimate of two analysts. The company noted the revenue growth was due to net interest income and margin increases. Return on average equity improved to 5.91% from 4.61% a year earlier, while return on average assets climbed to 0.74% from 0.53% in the prior-year period.Neonode, Inc (NASDAQ:NEON) reports it has signed a technology development agreement with an unnamed "leading tier-one printer" original equipment manufacturer. Neonode, Inc (NASDAQ:NEON) is trading near the lower end of the 52-week range between $1.72 and $7.80. The developer and licensee of of MultiSensing touch technologies said the consumer and enterprise printer market has annual sales of approximately 125 million printers and that it has already signed license agreements with printer OEM's controlling more than 40% of the market."We believe the newly signed agreement will solidify Neonode's position as the preferred touch technology and grow the accessible market share within printer market segment," the company said in a statement. "We aim to further replicate the success we are having with our three leading printer OEM´s to be the leading touch and proximity technology supplier within this robust market segment," CEO Thomas Eriksson said.
Discover Hidden Gems
Don't miss the next big opportunity. Subscribe for timely alerts on potential market movers.
