On Tuesday, Shares of Lockheed Martin Corporation (NYSE:LMT), gained 0.91% to $199.26.
Lockheed Martin, scientists are packing three times the power density into a key satellite cooling system whose previous design is already the lightest in its class. This project continues the company’s effort to reduce component size, enabling compact, higher-power spacecraft payloads, and smaller sensor platforms back on Earth.
Highly sophisticated electronics like satellite sensors and cameras need to be cooled to detect what they’re designed to capture, even to temperatures as low as -320 F (-195 C). Smaller cryocoolers mean more affordable satellites and launches, and they have applications on Earth, too. With higher power, this microcryocooler enables larger, more sensitive IR sensors, which is especially useful for very high-resolution images. Despite its raised capability, the component’s power efficiency rating is roughly the same as lower-power coolers.
“The High Power Microcryocooler is making a large impact for small products,” said Dr. Jeffrey Olson, a research scientist at Lockheed Martin’s Advanced Technology Center. “Our previous design was a revolution in size, and now we’re taking it further and packing it with raised power. This will make a difference for technology in space, on naval ships and aboard aircraft.”
Lockheed Martin Corporation, a security and aerospace company, engages in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services.
Shares of Total System Services, Inc. (NYSE:TSS), declined -1.73% to $42.63, during its last trading session.
TSYS declared that Sarah Hartman, senior director of Consumer Payment Solutions, and Christina Hall, director of business development for Commercial Services, will speak at today’s annual Women in Payments Symposium in Atlanta.
Hartman will co-present together with Patricia Hewitt, vice president and managing director of Mercator Advisory Group, on “Women and Spend. It’s Not Your Mother’s Coupon Clipping Anymore.” In this Consumer and Small Business breakout session, Hartman and Hewitt will share data and results from TSYS and Mercator studies, which explored the “female” dynamic in payments and women’s impact on the industry.
Hall will present “Playing Tug of War: Innovation vs. Risk in Business Payments.” In this Business Payments breakout session, Hall will talk about evolving customer needs, focusing on how millennial preferences and attitudes are driving change, the implications for business payments and practical takeaways on balancing innovation and risk. The session will also examine how innovation must be deliberate and focused, and why partnerships critical both internally and with external partners.
Total System Services, Inc. provides electronic payment processing services to banks and other financial institutions in the United States, Europe, Canada, Mexico, and internationally. It operates through four segments: North America Services, International Services, Merchant Services, and NetSpend.
At the end of Tuesday’s trade, Shares of Synergy Resources Corp (NYSEMKT:SYRG), lost -1.55% to $9.55.
Synergy Resources Corporation declared it has hired James P. Henderson as Executive Vice President Finance and Chief Financial Officer. Mr. Henderson is the former CFO of Kodiak Oil and Gas Corp. and he bring over twenty-five years of oil and gas industry financial reporting and administration experience to the Company. Preceding to Mr. Henderson’s time at Kodiak, he spent 17 years at Western Gas Resources and its successor, Anadarko Petroleum Corp.
He holds a Bachelor’s degree in Accounting from Texas Tech University and a Master of Business Administration degree from Regis University in Denver.
Lynn Peterson, President of Synergy Resources, commented, “I am very happy to have Jimmy Henderson join the team at Synergy. His experience will be instrumental as we prepare to grow the company and its asset base in the DJ Basin. We would like to take this opportunity to thank Monty Jennings who has been CFO of Synergy since the company’s inception in 2008. Monty will remain a key member of the executive team as Chief Accounting Officer for Synergy.”
Synergy Resources Corporation engages in the acquisition, development, exploitation, exploration, and production of oil and natural gas properties primarily located in the Denver-Julesburg Basin in northeast Colorado.
Finally, Skechers USA Inc (NYSE:SKX), ended its last trade with 1.16% gain, and closed at $131.99.
SKECHERS USA, declared that its Board of Directors has approved a three-for-one split of the Company’s Class A and Class B common stock that will be distributed in the form of a stock dividend.
The stock split is subject to stockholder approval of an amendment to the Company’s Certificate of Incorporation to enhance the authorized number of Class A and Class B shares. The stockholder vote is predictable to take place at a special meeting of stockholders presently planned for September 24, 2015. If the Company’s stockholders approve the authorization of additional shares, the stock dividend will be distributed to the stockholders of record as of the close of business on October 2, 2015, with a payment date of October 15, 2015.
“Our decision to adopt this stock split is another indication of our confidence in our business model worldwide, which we believe will continue to generate profitable growth and strong cash flows,” stated Robert Greenberg, Skechers chief executive officer. “We are looking forward to ongoing to deliver our broad-based collection of men’s, women’s and kids’ footwear to the global market. Personally, I have never been more confident and excited about the future of Skechers.”
Skechers U.S.A., Inc. designs, develops, markets, and distributes footwear for men, women, and children, in addition to performance footwear for men and women under the Skechers GO brand name worldwide.
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