On Tuesday, Shares of Cypress Semiconductor Corporation (NASDAQ:CY), lost -2.81% to $10.02.
Cypress Semiconductor Corp., declared a new high-throughput, low-power SuperSpeed USB controller that converts Gigabit Ethernet (GigE) data to USB 3.0 data. The EZ-USB GX3 controller targets slimmer laptop designs that comprise an ultra-thin USB Type-C port and no bulky Ethernet port. GX3 provides comprehensive driver support for all major operating systems, counting Windows, Mac OS, Linux, Android and Chrome, enabling seamless plug-and-play operation via a USB 3.0 port on any system, counting laptops, tablets, docking stations, IP set-top boxes and smart TVs.
Cypress is demonstrating the EZ-USB GX3 controller, its EZ-USB SuperSpeed USB portfolio and its EZ-PD™ USB Type-C Power Delivery portfolio here at the Intel Developer Forum at booth number 910 in the USB Community from August 18-20, 2015.
Conventional USB 3.0 to GigE bridge solutions present designers with limited throughput performance and power administration challenges. For throughput, converting GigE data packets to USB 3.0 data packets reduces the throughput of conventional USB 3.0 to GigE bridge controllers to around 700-800 Mbps. EZ-USB GX3 uses a proprietary data transfer mechanism that sends multiple GigE data packets in bursts over USB to provide 910-Mbps throughput, which is comparable to the 950-Mbps throughput of native GigE solutions. For power, it is difficult for a conventional USB 3.0 to GigE solution to support low-power modes of both the USB 3.0 and GigE standards, but GX3 offers a power-efficient solution for both with multiple power-saving modes.
Cypress Semiconductor Corporation provides mixed-signal programmable solutions, semiconductor memories, and integrated semiconductor solutions worldwide. The company’s Memory Products division designs and manufactures static random access memory (SRAM) products and nonvolatile RAMs used to store and retrieve data in networking, wireless infrastructure and handsets, computation, consumer, automotive, industrial, and other electronic systems; and general-purpose programmable clocks.
Shares of Barnes & Noble, Inc. (NYSE:BKS), declined -4.38% to $17.24, during its last trading session.
Barnes & Noble declared that it has accomplished the separation of its Retail and College businesses. Barnes & Noble Education, Inc. is now an independent public company and the parent of Barnes & Noble College, trading on the New York Stock Exchange under the ticker symbol, “BNED.” The Company’s leadership team joined with store managers to ring the opening bell at the NYSE this morning to mark the milestone.
“This is an exciting day in the history of Barnes & Noble College,” said Max J. Roberts, Chief Executive Officer, Barnes & Noble Education. “We are an industry leader with 724 campus stores serving colleges and universities and more than 5 million students and their faculty across the country. As a separate public company, we believe we are well positioned to take advantage of future growth opportunities and enhance our services for our current and future customers.”
Following today’s spinoff of College, Michael Huseby, former Chief Executive Officer of Barnes & Noble, Inc., became Executive Chairman of Barnes & Noble Education, which will have a separate Board of Directors. As formerly declared, Ronald D. Boire will take over as Chief Executive Officer of Barnes & Noble, Inc. effective September 8, 2015.
Barnes & Noble, Inc. retails books, textbooks, magazines, newspapers, and other contents in the United States. It sells trade books, counting hardcover and paperback consumer titles; mass market paperbacks, such as mystery, romance, science fiction, and other fiction; children’s books; eBooks and other digital content; textbooks and course-related materials; NOOK and related accessories; bargain books; gifts; emblematic apparel and gifts; school and dorm supplies; café products and services; educational toys and games; and music and movies.
Finally, Weight Watchers International, Inc. (NYSE:WTW), ended its last trade with -3.06% loss, and closed at $5.71.
Weight Watchers International, declared its results for the second quarter of fiscal 2015 and raised its full year fiscal 2015 earnings guidance.
- Q2 2015 revenues were $309.8 million, down 22.1% (16.5% on a constant currency basis) as compared to the preceding year period, with total paid weeks down 17.6%.
- Q2 2015 earnings per fully diluted share (EPS) was $0.49; not taking into account the benefit of $0.07 per fully diluted share from the early extinguishment of debt, Q2 2015 adjusted EPS was $0.42.
- The Company raised its full year fiscal 2015 earnings guidance to between $0.57 and $0.72 per fully diluted share on an adjusted basis.
- Following a debt tender offer, the Company made a cash payment of $77.2 million to prepay $84.9 million of its debt obligations maturing in April 2016.
Weight Watchers International, Inc. provides weight administration services worldwide. The company operates through North America, United Kingdom, Continental Europe, and Other segments.
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