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Saturday 8 August 2015
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Latest Update

Active Stocks in Action: QLogic Corporation (NASDAQ:QLGC), Tyson Foods, Inc. (NYSE:TSN), BankUnited (NYSE:BKU)

On Friday, Shares of QLogic Corporation (NASDAQ:QLGC), lost -22.06% to $8.87.

QLogic Corp., declared that its latest 10Gb Ethernet and 16Gb Fibre Channel technologies are now accessible for EMC’s VNX(R) Series hybrid flash storage arrays. The latest QLogic(R) offerings provide Fibre Channel, Fibre Channel over Ethernet (FCoE), iSCSI and network connectivity for the EMC VNX Series. Continued partnership between QLogic and EMC enables robust storage efficiency, high data availability and strong application performance for EMC VNX Series customers.

EMC VNX storage solutions are designed to deliver no-compromise economics while balancing the reliability, performance and scalability requirements of virtualized data centers with a unified storage platform that supports both block and file storage. Combined with QLogic’s high performance 10Gb Ethernet and market-leading Fibre Channel technologies, the popular EMC VNX Series addresses evolving data center needs with proven, reliable storage solutions for recently and the future.

QLogic Corporation designs and supplies high performance server and storage networking infrastructure products that provide, enhance, and manage computer data communication. Its products facilitate the transfer of data and enable resource sharing between servers, networks, and storage.

Shares of Tyson Foods, Inc. (NYSE:TSN), declined -0.05% to $44.36, during its last trading session.

An executive in the branded and unbranded consumer products and foodservice industries has been named to the board of directors of Tyson Foods, Inc. (TSN), company officials declared.

Mikel A. Durham, 52, has been selected as a new independent director on the Tyson board, effective July 30. She presently serves as the chief commercial officer of the private equity backed CMS Bakery Solutions, a global bakery supply manufacturer based in Atlanta, Ga.

Tyson Foods, Inc., together with its auxiliaries, produces, distributes, and markets chicken, beef, pork, prepared foods, and related allied products worldwide. The company breeds and raises chickens; and processes live chickens into fresh, frozen, and value-added chicken products. It also processes live fed cattle, and live market hogs and allied products; fabricates pork and dressed beef carcasses into primal and sub-primal cuts and case-ready products; and sells hides and meats.

Finally, BankUnited (NYSE:BKU), ended its last trade with 0.72% gain, and closed at $36.52.

BankUnited, declared it has hired Frank Fernandez of Miami as executive vice president to lead the bank’s network of 26 branches throughout Miami-Dade County.

“Frank’s strong sense of community and depth of experience make him an ideal person to lead our dedicated branch team members throughout Miami-Dade,” said Gerry Litrento, senior executive vice president.

BankUnited, Inc. operates as the bank holding company for BankUnited, National Association that provides a range of banking products services to commercial and middle-market businesses, and individual customers in the United States.

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Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

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