On Wednesday, Shares of Altera Corporation (NASDAQ:ALTR), gained 0.87% to $50.08.
Nasdaq, declared that Incyte Corporation (INCY), will become a component of the NASDAQ-100 Index® (Nasdaq:NDX) and the NASDAQ-100 Equal Weighted Index (Nasdaq:NDXE) preceding to market open on Wednesday, October 7, 2015. Incyte Corporation will replace Altera Corporation (ALTR).
Altera Corporation, a semiconductor company, designs and sells programmable logic devices (PLDs), HardCopy application-specific integrated circuit (ASIC) devices, power system-on-chip devices (PowerSoCs), pre-defined design building blocks, and associated development tools.
Shares of International Business Machines Corp. (NYSE:IBM), inclined 1.72% to $144.92, during its last trading session.
IBM Research, declared that it is providing advanced solar forecasting technology to assist the University of Michigan (UM) team power its solar car in the Bridgestone World Solar Challenge, an 1,800-mile (3,000-kilometer) race across the Australian Outback.
The UM student team will leverage IBM Research’s cognitive computing expertise to gain real-time insights into conditions such as cloud cover and wind patterns in addition to determine how much solar power will be available to fuel their car along the course race. As the car is solely powered by solar energy, more accurate forecasts can assist the UM students decide how to drive their car more efficiently and improve their chances for winning.
IBM researchers are using machine learning to blend data from sensor networks and local weather stations, cloud motion physics derived from sky cameras and satellite observations, and multiple weather prediction models. In contrast, most current forecasting techniques rely on individual weather models that offer a less comprehensive view of the variables that affect the availability of renewable energy such as solar.
International Business Machines Corporation provides information technology (IT) products and services worldwide. The company’s Global Technology Services segment provides IT infrastructure and business process services, such as outsourcing, processing, integrated technology, cloud, and technology support.
At the end of Wednesday’s trade, Shares of Mastercard Inc (NYSE:MA), gained 1.53% to $90.12.
On Thursday, October 29, 2015, MasterCard Incorporated (MA) will release its third-quarter financial results. The company will host a conference call to discuss these results at 9:00 a.m. Eastern Time.
MasterCard Incorporated, a technology company, provides transaction processing and other payment-related products and services in the United States and internationally. The company facilitates the processing of payment transactions, counting authorization, clearing, and settlement, in addition to delivers related products and services.
Finally, Boeing Co (NYSE:BA), ended its last trade with 1.72% gain, and closed at $130.96.
Boeing (BA) and Cathay Pacific Airways celebrated a note worthy achievement with the delivery of the airline’s 70th 777 aircraft – also the last and 53rd 777-300ER (Extended Range) of its confirmed orders – that has made Cathay Asia’s largest operator of the 777 fleet.
With recently’s delivery, Cathay Pacific’s 777 aircraft fleet comprises of 53 777-300ERs, 12 777-300s and five 777-200s. The airline is one of the launch customers for the 777X with 21 777-9 airplanes on order.
Cathay Pacific took delivery of its first 777-300ER in September 2007. This efficient aircraft allows the airline to modernize its long haul fleet with improved operational efficiency and extended range with more environmentally friendly features. The Boeing Company, together with its auxiliaries, designs, develops, manufactures, sells, services, and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight, and launch systems and services worldwide.
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