ncr corporation (NCR:New York)
ncr corporation (NCR) Key Developments
NCR is axing up to 70 jobs at its research and development branch in Dundee. Staff were that between 50 and 70 jobs were being cut in the hardware operations side of the business and a 30-day consultation period had begun.
NCR Corporation and North American Communications Resource, Inc. (NACR) announced a master services agreement to provide complementary support, maintenance and managed services when implementing unified communications solutions throughout North America. This agreement enables both companies to expand their respective portfolios of services offerings, drive growth and deliver exceptional customer experiences. Under the terms of the agreement, NACR can leverage NCR's extensive network of telecommunications consultants and service professionals, as well as its deep domain expertise in network infrastructure. NCR gains access to NACR's Voice over IP consultants and will be able to leverage NACR's Ovation Managed Service portfolio, which provides an extensive multi-vendor service capabilities.
NCR Corp. announced that it is growing its relationship with Dollar Bank. Beginning this summer, Dollar Bank will begin replacing 60 older non-NCR ATMs with NCR's most advanced deposit-taking ATMs, NCR SelfServ(TM) with scalable deposit module. All of Dollar Bank's ATMs will run on NCR APTRA(TM) Edge software for multivendor ATM environments. NCR SelfServ ATMs with scalable deposit module (SDM) make the deposit portion of an ATM transaction twice as fast. SDM is the only technology in deployment that allows consumers to deposit both cash and checks simultaneously, in any orientation, through a single slot. This consumer-friendly technology makes ATM deposits faster and easier, and helps banks improve the customer experience. In addition to the SDM units, Dollar also is replacing 10 older ATMs with traditional NCR SelfServ ATMs. Dollar Bank also has decided to run its ATM network using NCR APTRA multivendor software. According to the most recent report from London's Retail Banking Research (RBR), NCR is the world's #1 provider of multivendor ATM software.
PURE taqueria is making life easier for its guests with NCR Corp.'s Guest Pad. Guest Pad is an iPad(R) application which provides mobile wait list and reservation support for restaurants. The innovative stand-alone app delivers a simple way for restaurants of all types to manage walk-in parties, call ahead requests and reservations. With five locations in Atlanta, and extended wait times during peak hours, PURE taqueria replaced their manual 'pen & paper' wait list with NCR Guest Pad and immediately saw positive results for their guests. The Guest Pad waitlist process has improved the efficiency at the door, allowing PURE's hospitality staff to focus on the guests keeping them happy, even if they have to wait for a table.
NCR Corp. (NYSE:NCR) seeks acquisitions. "From a free cash flow perspective, we'll use it to pay down debt, we'll look at strategic acquisitions that make sense and then we're always looking at share repurchases from a dilution perspective," said Bob Fishman, NCR’s Chief Financial Officer.
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Industry Analysis
NCR
Industry Average
| Valuation | NCR | Industry Range |
| Price/Earnings | 36.6x |
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| Price/Sales | 0.9x |
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| Price/Book | 3.9x |
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| Price/Cash Flow | 33.2x |
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| TEV/Sales | 0.4x |
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Post a JobJobs
- Duluth, GA | NCRPosted: May 20
- Morristown, TN | NCRPosted: May 17
- Germantown, MD | NCRPosted: May 18
- Duluth, GA | NCRPosted: May 13
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