On Tuesday, Following Stocks were among the “Top Losers” of U.S. Stock Market: Atmel Corporation, (NASDAQ:ATML), United States Steel, (NYSE:X), Seabridge Gold, (NYSE:SA), Plug Power, (NASDAQ:PLUG)
Atmel Corporation, (NASDAQ:ATML), with shares declined -3.06%, closed at $8.23.
United States Steel, (NYSE:X), with shares dropped -4.09%, settled at $24.40.
Seabridge Gold, (NYSE:SA), with shares dipped -5.34%, and closed at $5.49, hitting new 52-week low of $5.42.
Plug Power, (NASDAQ:PLUG), plummeted -3.36%, and closed at $2.59.
Latest NEWS regarding these Stocks are depicted underneath:
Atmel Corporation (NASDAQ:ATML)
Atmel Corporation (ATML), declared the corporation is sampling the industry’s lowest power ARM® Cortex®-M based solution with power consumption down to 35µA/MHz in active mode and 200nA in sleep mode. The ultra-low power SAM L family broadens the Atmel | SMART 32-bit ARM-based MCU portfolio and extends battery life from years to decades, reducing the number of times batteries need to be changed in devices such as fire alarms, healthcare, medical, wearable, and devices placed in rural, agriculture, offshore and other remote areas. The SAM L21 combines ultra-low power with Flash and SRAM that are large enough to run both the application and wireless stacks—three features that are cornerstones of most IoT applications. Sampling now, the SAM L21 comes complete with a development platform counting an Xplained PRO kit, code libraries and Atmel Studio support.
Atmel’s ultra-low power SAM L21 family is ideal for a number of applications counting the Internet of Things (IoT), consumer, industrial, medical and other battery-powered devices. The low-power innovations in this Atmel | SMART family is achieved through several technological breakthroughs counting:
- Best-in-class active mode current consumption.
- SRAM back biasing to reduce leakage in sleep modes.
- Sleep modes that do not only gate away the clock signal to stop switching consumption, but also remove power from sub domains to fully eliminate leakage.
- SAM L21 peripherals that support Sleepwalking—a technology that enables peripherals to request a clock when needed to wake-up from sleep modes and perform tasks without having to power up the CPU Flash and other support systems.
- Atmel’s proprietary Event System that allows peripherals to work together to solve complex tasks using minimal gates and also the lowest possible power.
- Ultra-low power capacitive touch sensing peripheral that can run in all operating modes and supports wake-up on touch.
Atmel Corporation designs, develops, manufactures, and sells semiconductor integrated circuit products primarily in the United States, Asia, Europe, South Africa, and Central and South America. It operates in four segments: Microcontroller, Nonvolatile Memory, Automotive, and Multi-Market and Other.
United States Steel Corp. (NYSE:X)
United States Steel Corp. (X), declared it will adjust operations and temporarily idle a portion of its Minnesota Ore Operations – Minntac plant in Mt. Iron, Minn., effective June 1. This action is due to the corporation’s current inventory levels and ongoing adjustment of its steelmaking operations throughout North America. The corporation will continue to operate Minntac at reduced capacity in order to meet customer demand.
The corporation routinely adjusts production at its operating facilities to reflect market fluctuations. These ongoing operational adjustments are a result of challenging market conditions that reflect the cyclical nature of the industry. Global influences in the market, counting a high level of imports, unfairly traded products and reduced steel prices, continue to have an influence. As part of the temporary idling, all employees at Minntac have been advised of the forthcoming temporary idling and are being issued notices under the Worker Adjustment and Retraining Notification (WARN) Act. The number of employees influenceed will be based upon operational and, or maintenance needs.
United States Steel Corporation produces and sells flat-rolled and tubular steel products in North America and Europe. It operates through three segments: Flat-Rolled Products (Flat-Rolled), U. S. Steel Europe (USSE), and Tubular Products (Tubular).
Seabridge Gold, Inc. (NYSE:SA)
Formerly on March 25, Seabridge Gold, Inc. (SA), declared the completion of its first resource estimate for the Iron Cap Lower Zone at its 100% owned KSM Project in northwestern British Columbia . The Iron Cap Lower Zone is, after Deep Kerr, the second core zone identified at KSM. The grade of the Iron Cap Lower Zone’s estimated 164 million tonne inferred resource averages 0.59 g/T gold and 0.27% copper (3.1 million ounces of gold and 961 million pounds of copper), a significantly higher grade than the Iron Cap resource which lies above the Lower Zone.
Core zones are the deeper focused parts of porphyry deposits characterized by higher fluid flux and abundant veining which generally results in higher grades than the shallower margins of the porphyry deposits usually associated with them. Since 2012, Seabridge has been successfully exploring for core zones beneath the known porphyry deposits at KSM with the objective of enhancing grades and improving project economics.
Seabridge Gold Inc., a development stage corporation, together with its auxiliaries, is engaged in the attainment and exploration of gold properties located in North America. It also explores for copper, silver, and molybdenum ores.
Plug Power Inc. (NASDAQ:PLUG)
Plug Power Inc. (PLUG), declared Martin (Marty) Hull as Chief Accounting Officer effective April 1, 2015. Through this position, Hull will enhance the finance team’s ability to support Plug Power’s growth as the corporation continues to build on the depth and breadth of its reporting and accounting competencies. He will report directly to Paul Middleton, Chief Financial Officer at Plug Power.
Formerly, Hull was a principal and director at the accounting firm of Marvin and Corporation, P.C. Preceding to that, he was an audit partner at KPMG LLP, serving various public companies. Hull brings extensive accounting, financial reporting and internal controls knowledge to Plug Power. His position will be critical within the organization, enabling Plug Power to strengthen its financial processes and systems, in response to increasing business volume resulting from customer adoption of Plug Power’s GenKey hydrogen and fuel cell solutions.
Plug Power Inc., an alternative energy technology provider, engages in the design, development, manufacture, and commercialization of fuel cell systems for the industrial off-road markets worldwide.
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