On Thursday, Shares of Rovi Corporation (NASDAQ:ROVI), lost -1.97% to $11.44.
Rovi Corporation, declared Rovi has made noteworthy enhancements to its entertainment discovery portfolio for India. Rovi has expanded its metadata coverage to the top over-the-top (OTT) and Indian pay-TV providers, counting more than 20 of the most popular multi-system operators (MSOs) and direct-to-home (DTH) providers.
New features comprise regionalized metadata, such as program descriptions and celebrity profiles, written by editors who are located in the rapidly growing Rovi office in India. With Rovi Video, customers in India are able to incorporate new features that highlight regionally relevant actors and actresses with in-depth facts for hundreds of domestic and international celebrities. Additionally rich images are available for the majority of movies, TV shows, and celebrities profiled.
Rovi Corporation provides integrated solutions for the discovery and personalization of digital entertainment to service providers and consumer electronics (CE) industry worldwide. The company offers interactive program guides (IPGs), an interactive listing of television or video program information that enables viewers to navigate through, sort, select, and plan video programming for viewing and recording.
Shares of STMicroelectronics NV (ADR) (NYSE:STM), declined -0.14% to $7.19, during its last trading session.
STMicroelectronics (STM), a global semiconductor leader serving customers across the spectrum of electronics applications, a top MEMS (Micro-Electro-Mechanical Systems) manufacturer and the world’s leading supplier of MEMS for consumer and mobile applications, has introduced the world’s most advanced six-axis motion-sensing device fully supporting image stabilization in Smartphones, Tablets, and Digital Still Cameras. The latest addition to ST’s iNEMOTM range of inertial motion sensors, the LSM6DS3H combines a 3-axis gyroscope, a 3-axis accelerometer, and an ultra-low-power processing circuit in a System-in-Package solution that offers the industry’s lowest power consumption and smallest package size.
Electronic Image Stabilization (EIS) and Optical Image Stabilization (OIS) techniques assist minimize image blurring caused by camera motion while the snapshot is being captured. Initially developed for professional cameras, these techniques are being increasingly deployed in smartphones and tablets, where blurring is most likely to occur when the user takes a photograph with an outstretched arm.
STMicroelectronics N.V. designs, develops, manufactures, and markets various semiconductor integrated circuits and discrete devices worldwide. The company offers a range of semiconductor products, counting discrete and standard commodity components, application-specific integrated circuits, full-custom devices and semi-custom devices, micro-electro-mechanical systems, microcontrollers, sensors, digital consumer products, imaging products, memory products, media application processors, and application-specific standard products for analog, digital, and mixed-signal applications, in addition to silicon chips and smartcards.
At the end of Thursday’s trade, Shares of ARRIS Group, Inc. (NASDAQ:ARRS), lost -0.72% to $27.64.
ARRIS Group, declared that TURKSAT, Turkey’s leading satellite communications and cable TV operator selected its E6000™ Converged Edge Router (CER) to prepare for future IP interactivity and higher speed broadband services.
TURKSAT selected the E6000 CER not only to support CMTS requirements but also to support the company’s planned transition to Converged Cable Access Platform (CCAP) and to scale to tomorrow’s consumer demands. The E6000 CER will enable TURKSAT to achieve broadband speeds of up to 500Mbps and 1 Gbps while future-proofing its headend for eventual service expansion.
ARRIS Group, Inc. provides media entertainment and data communications solutions in the United States and internationally. The company operates in two segments, Customer Premises Equipment and Network & Cloud. The Customer Premises Equipment segment offers various product solutions, counting set-top boxes, gateways, digital subscriber lines and cable modems, and embedded multimedia terminal adapters and voice/data modems that enable service providers to offer voice, video, and high-speed data services to residential and business subscribers.
Finally, American Campus Communities, Inc. (NYSE:ACC), ended its last trade with 0.91% gain, and closed at $34.50.
American Campus Communities, declared that its operating partnership, American Campus Communities Operating Partnership LP, priced a $400 million offering of senior unsecured notes under its existing shelf registration. These five-year notes were issued at 99.811 percent of par value with a coupon of 3.35 percent and are fully and unconditionally guaranteed by the Company. Interest on the notes is payable semi-annually on April 1 and October 1, with the first payment startning on April 1, 2016. The notes will mature on October 1, 2020. American Campus Communities Operating Partnership LP anticipates to use the net proceeds of about $395.3 million to repay the outstanding balance of its revolving credit facility, to fund its current development pipeline and potential acquisitions of student housing properties and for general business purposes. Settlement is planned for September 22, 2015, subject to customary closing conditions.
Deutsche Bank Securities, J.P. Morgan, Wells Fargo Securities, BofA Merrill Lynch and US Bancorp are Joint Book-Running Managers for the offering.
American Campus Communities, Inc. is an independent equity real estate investment trust. The firm invests in the real estate markets of the United States. It primarily engages in developing, owning, and managing high-quality student housing communities.
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