On Tuesday, Delphi Automotive PLC (NYSE:DLPH)’s shares inclined 0.66% to $85.09.
Delphi Automotive PLC (DLPH) declared that Joseph S. Cantie has joined its board of directors effective June 1.
Cantie is presently the executive vice president and chief financial officer of ZF TRW, a division of ZF Friedrichshafen AG, a global automobile supplier. He served in these roles for TRW Automotive Holdings Corp. since April 2004, and has held various other senior financial administration roles at TRW since joining the company in 1999. Cantie has also held administration roles at LucasVarity and KPMG Peat Marwick.
Cantie is a certified public accountant and has a bachelor’s of science degree from the State University of New York at Buffalo.
Delphi Automotive PLC, together with its auxiliaries, manufacturers vehicle components; and provides electrical and electronic, powertrain, safety, and thermal technology solutions to the automotive and commercial vehicle markets worldwide. The company operates through four segments: Electrical/Electronic Architecture, Powertrain Systems, Electronics and Safety, and Thermal Systems. The Electrical/Electronic Architecture segment provides complete design of the vehicle’s electrical architecture, counting connectors, wiring assemblies and harnesses, electrical centers, and hybrid high voltage and safety distribution systems.
Koninklijke Philips NV (ADR) (NYSE:PHG)’s shares showed no change to $25.46.
Koninklijke Philips NV (ADR) (PHG) believes in remaining true to its tagline, “Innovation and You.” As part of its efforts to simplify the life of customers, the company’s business unit Philips Respironics launched the Amara View CPAP mask to enhance the experience of CPAP patients.
Inside the Headlines
Amara View CPAP mask is a full-face mask that offers patients with widest field vision in addition to minimum contact with skin. Philips has ingeniously modified the mask’s under-the-nose design to overcome the problem of red marks and irritation, a common feature for CPAP patients. Apart from this, the small size of the mask marks a considerable improvement over the bulky cushion and frame present in traditional masks, thereby allowing patients to easily read books, wear glasses and watch television.
Koninklijke Philips N.V. engages in healthcare, consumer lifestyle, and lighting businesses worldwide. It provides various integrated clinical solutions, counting radiation oncology and portfolio administration; computed tomography, magnetic resonance imaging, and molecular imaging products; digital X-ray and mammography products; interventional X-ray products in cardiology, radiology, surgery, and other areas; and ultrasound products.
At the end of Tuesday’s trade, HCP, Inc. (NYSE:HCP)‘s shares dipped -0.73% to $36.47.
HCP, Inc. HCP. This Irvine, CA-based retail real estate investment trust stated first-quarter 2015 adjusted funds from operations (“FFO”) per share of 79 cents, a penny ahead of the Zacks Consensus Estimate and 4 cents above the year-ago quarter figure. Results benefited from solid growth in top line.
Nevertheless, in 2014, HCP had generated around 40% of its revenues from leasing or financial arrangements with two companies: HCR ManorCare, Inc. or HCRMC (26%) and Brookdale (14%). This dependency on a limited number of operators and tenants for major portion of revenues puts the company at risk, as the inability or failure on part of these tenants or operators to meet their obligations would adversely impact HCP’s cash flow.
Further, in terms of geography, HCP had generated 35% of its revenues in 2014 from properties located in California (23%) and Texas (12%). This exposes the REIT to risks associated with economic in addition to other conditions of these geographies. Moreover, the cut-throat competition in markets makes it all the more challenging for the company to improve its revenues in addition to identify and successfully capitalize on acquisition opportunities that meet its objectives.
HCP, Inc. is an independent hybrid real estate investment trust. The fund invests in real estate markets of the United States. It primarily invests in properties serving the healthcare industry counting sectors of healthcare such as senior housing, life science, medical office, hospital and skilled nursing.
Juniper Networks, Inc. (NYSE:JNPR), ended its Tuesday’s trading session with -0.54% loss, and closed at $25.97.
Juniper Networks, Inc. (JNPR) declared that it has captured top honors in two ‘Best of Show’ award categories at Interop Tokyo 2015, underscoring the company’s commitment to delivering innovative networking technology for enterprise and service provider customers.
One of Asia’s largest network computing trade shows, Interop Tokyo recognizes the most innovative products, solutions and services among hundreds of nominated submissions. Juniper Networks has been an annual award recipient at Interop Tokyo since 2007.
This year, the event is predictable to attract more than 140,000 attendees and features keynote addresses, a conference program and an expo area for vendor showcases.
Acknowledging innovative products and data center architecture which have moved business technology forward, the Best of Show awards were presented to Juniper Networks by a judging panel of IT industry experts who carried out a rigorous examination of products and solutions exhibited by more than 300 companies at Interop Tokyo 2015.
Juniper Networks, Inc. designs, develops, and sells high-performance network products and services worldwide. It provides various routing products, counting ACX series universal access routers to deploy new high-bandwidth services; MX series Ethernet routers that functions as a universal edge platform; M series edge routers; PTX series packet transport routers; and T series routers.
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