On Tuesday, Cadence Design Systems Inc (NASDAQ:CDNS)’s shares declined -2.20% to $18.65, as Cadence Design Systems, plans to host its 10th CDNLive EMEA user conference from April 27-29, 2015, in Munich/Unterschleißheim. CDNLive EMEA offers Cadence® technology users, developers and industry experts an opportunity to connect, share and inspire each other and discover new techniques and methodologies for realizing innovative products.
Cadence Design Systems, Inc. develops, sells, leases, and licenses electronic design automation (EDA) software, emulation and prototyping hardware, verification intellectual property (VIP), and design intellectual property (design IP) for semiconductor and electronics systems industries worldwide.
Baltic Trading Ltd (NYSE:BALT)’s shares dropped -2.16% to $1.36, during the last trading session on Tuesday, as Genco Shipping & Trading Limited and its partner Baltic Trading Limited, declared that they have reached a definitive merger contract under which Genco will attain Baltic Trading in a stock-for-stock transaction. Under the terms of the contract, Baltic Trading will become an indirect wholly-owned partner of Genco, and Baltic Trading shareholders will receive 0.216 shares of Genco ordinary stock for each share of Baltic Trading ordinary stock they own at closing, with fractional shares to be settled in cash. Upon consummation of the transaction, Genco shareholders are predictable to own about 84.5 percent of the combined corporation and Baltic Trading shareholders are predictable to own about 15.5 percent of the combined corporation. Genco anticipates to have its stock listed on the NYSE upon consummation of the transaction.
Baltic Trading Limited, together with its auxiliaries, engages in the shipping business in the drybulk industry spot market worldwide. The corporation operates a fleet of drybulk ships that transport iron ore, coal, grain, steel products, and other dry bulk cargoes.
At the end of Tuesday’s trade, LinkedIn Corp (NYSE:LNKD)‘s shares dipped -2.15% to $257.50, as LinkedIn, declared that it has reached an contract to attain lynda.com, a leading online learning corporation teaching business, technology and creative skills to assist people achieve their professional aims. Based in Carpinteria, CA, lynda.com was co-founded in 1995 by Lynda Weinman and Bruce Heavin.
The transaction is valued at about $1.5 billion, subject to adjustment, in a combination of about 52 percent cash and about 48 percent stock. Subject to the completion of customary conditions, the attainment is predictable to close during the second quarter of 2015.
LinkedIn Corporation, together with its auxiliaries, operates an online professional network worldwide. The corporation, through its proprietary platform, allows members to create, manage, and share their professional identity online; build and engage with their professional networks; access shared knowledge and insights; and find business opportunities.
JA Solar Holdings Co., Ltd. (ADR) (NASDAQ:JASO), ended its Tuesday’s trading session with -2.08% loss, and closed at $9.88, as JA Solar Holdings Co., declared that the Knesset (Israeli Parliament) has utilized the use of JA PV modules for its rooftop solar project.
The Knesset unveiled the 450KW solar modules installed on its roof at the inauguration of the solar project’s operation on March 29th . Occupying 4,650 square meters of roof space, it is by far the largest solar project accomplished by any national assembly in the world. 1,500 photovoltaic panels will yield about 10 percent of the building’s electricity needs. This solar project, together with other energy saving measures, is predictable to cut down a third of the energy consumption at the Knesset by the end of 2015.
JA Solar Holdings Co., Ltd., through its auxiliaries, is engaged in the design, development, production, marketing, and sale of photovoltaic solar cells and solar power products based on crystalline silicon technologies.
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