On Friday, Shares of China Ming Yang Wind Power Group Ltd (NYSE:MY), lost -2.13% to $2.30.
China Ming Yang Wind Power Group Limited, declared the appointment of Mr. Zhongmin Shen to its board of directors. He is also designated as the vice chairman of the Company. The appointment is with immediate effect.
Mr. Zhongmin Shen has abundant experience in administration and investment both in independent power and clean energy sectors. Preceding to joining us, he served as a managing director of Olympus Capital’s Asia Environment Partners. Before Olympus, he was a partner of Hudson Clean Energy Partners, a global private equity fund focusing on clean energy and technologies. Preceding to joining Hudson, Mr. Shen was the chief executive officer of Huaneng Invesco WLR Investment Consulting Company Limited, a joint venture between Huaneng Capital Services and Invesco WLR. Before he joined Huaneng Invesco WLR, he was a managing director of CLP Holdings Limited. Before CLP, he was an executive director and chief operating officer of China Resources Power Holdings Company Limited. Mr. Shen obtained a master of business administration degree from Guanghua School of Administration of Peking University. He also obtained a master’s degree in arts majoring in economics from The University of Tennessee, a master of laws degree from Peking University and a bachelor’s degree in science from Peking University.
China Ming Yang Wind Power Group Limited designs, manufactures, sells, and services megawatt-class wind turbines in the People’s Republic of China. The company provides wind turbines with a rated power capacity of 1.5MW and 2.0MW; 2.5/3.0MW SCD; and 6.0/6.5MW SCD wind turbines.
Shares of VimpelCom Ltd (ADR) (NASDAQ:VIP), inclined 1.46% to $4.86, during its last trading session.
VimpelCom Ltd. (VIP), headquartered in Amsterdam, will visit the NASDAQ MarketSite — 4 Times Square — 43rd & Broadway — Broadcast Studio on 13 July, 2015, from 3:45 p.m. to 4:00 p.m. ET.
VimpelCom Ltd. provides telecommunications services in Italy, Russia, Ukraine, Kazakhstan, Uzbekistan, Tajikistan, Armenia, Georgia, Kyrgyzstan, Laos, Algeria, Bangladesh, and Pakistan.
At the end of Friday’s trade, Shares of Time Inc (NYSE:TIME), gained 2.47% to $23.24.
Time Inc. declared that it has signed a long-term lease at Industry City in Brooklyn, New York. More than 300 employees in the company’s Technology, Content Solutions and Editorial Innovation departments will move to a 55,000 square-foot facility in the Sunset Park complex at the end of the year.
Time Inc.’s move to Industry City coincides with the relocation of its headquarters to 225 Liberty Street in Lower Manhattan from the Time & Life Building at 1271 Avenue of the Americas at 50th Street, where it has operated since 1959.
Time Inc., together with its auxiliaries, operates as a media company that publishes magazines in the United States, the United Kingdom, and internationally. It publishes magazines under People, Sports Illustrated, InStyle, Time, Real Simple, Southern Living, Entertainment Weekly, Travel + Leisure, Cooking Light, Fortune, and Food & Wine names in the United States, in addition to about 50 diverse titles in the United Kingdom, such as Decanter and Horse & Hound.
Finally, Fairchild Semiconductor Intl Inc (NASDAQ:FCS), ended its last trade with 1.56% gain, and closed at $16.88.
Fairchild, launched the FIS1100 6-axis MEMS Inertial Measurement Unit (IMU), the company’s first MEMS product stemming from its planned investments in MEMS and motion tracking. The FIS1100 IMU integrates a proprietary AttitudeEngine™ motion processor with best-in-class 9-axis sensor fusion algorithms to provide designers with an easy to implement, system-level solution for superior user experiences with up to ten times lower processing power consumption in a wide range of motion enabled, battery-powered applications.
“The launch of Fairchild’s first MEMS product is a key milestone for the company as we take our unique design and manufacturing expertise and apply it towards system-level solutions that go beyond power,” said Fairchild Chairman & CEO Mark Thompson. “The advanced algorithms and deep applications know-how from the Xsens acquisition position us well in enabling our customers to develop advanced motion solutions in diverse, quickly growing segments within markets such as consumer, industrial, and health.”
Fairchild Semiconductor International, Inc. designs, develops, manufactures, and markets power analog, power discrete, and non-power semiconductor solutions worldwide. It operates through three segments: Mobile, Computing, Consumer, and Communication (MCCC); Power Conversion, Industrial, and Automotive (PCIA); and Standard Discrete and Standard Linear (SDT).
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