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Friday 10 July 2015
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Active Stock’s News Report: Emerson Electric Co. (NYSE:EMR), Violin Memory Inc (NYSE:VMEM), Omega Healthcare Investors Inc (NYSE:OHI)

On Thursday, Shares of Emerson Electric Co. (NYSE:EMR), gained 0.74% to $55.86.

Emerson Electric Co., has won an order from NTPC Limited to provide automation technologies and expertise for two new 800-megawatt supercritical generating units at the Darlipali Super Thermal Power Station in the Sundergarh District, Odisha, India.

The new units will assist meet the energy needs of the region’s growing population. Unit 1 commissioning is predictable in December 2017, with Unit 2 to follow three months later.

Emerson Electric Co. provides technology and engineering solutions to industrial, commercial, and consumer markets worldwide. It operates through five segments: Process Administration, Industrial Automation, Network Power, Climate Technologies, and Commercial & Residential Solutions.

Shares of Violin Memory Inc (NYSE:VMEM), declined -4.68% to $2.24, during its last trading session.

Violin Memory Inc, chosen by Ramsay Health Care UK to replace their hard-disk based infrastructure with all-flash storage to improve application performance and eliminate downtime. A private healthcare provider in the UK, with 30 hospitals and two specialist neurological units, Ramsay Health Care UK is a partner of Ramsay Group, which operates in Australia (HQ), France (Santé) and Indonesia, with over 25,000 worldwide employees and 100+ hospitals.

Ramsay’s business application – Cambio COSMIC– is a PAS (Patient Administration System) database running on SQL, which supports all patient records, care information, and appointments, and underpins the booking services offered to patients and clients. Slow application performance and unplanned downtime on their primary data platform have tangible and critical implications on business, and patient care, as well as customer satisfaction. Their existing hard-disk drive environment was proving to be a bottleneck and constraints on data center space was a limiting factor in investing further in the disk platform to address performance and latency issues. Since deploying the Violin all-flash arrays, Ramsay has had uninterrupted service from the flash platform, while failure rates in their disk platform have continued to occur with increasing regularity.

Violin Memory, Inc. develops and supplies memory-based storage systems to bring storage performance in line with high-speed applications, servers, and networks worldwide.

Finally, Omega Healthcare Investors Inc (NYSE:OHI), ended its last trade with 0.12% gain, and closed at $34.79.

Omega Healthcare Investors Inc, declared the commencement of an offer to exchange $250 million of its 4.50% Senior Notes due 2025 that have been registered under the Securities Act of 1933 for $250 million of its outstanding 4.50% Senior Notes due 2025, which were issued on September 11, 2014 in a private placement. The exchange offer is being conducted upon the terms and subject to the conditions set forth in the prospectus dated June 17, 2015, and the related letter of transmittal.

The Exchange Notes are identical in all material respects to the Initial Notes, except that the Exchange Notes will be registered under the Securities Act of 1933 and the provisions of the Initial Notes relating to transfer restrictions, registration rights and additional interest will not apply to the Exchange Notes.

Omega Healthcare Investors, Inc. is a real estate investment firm. The firm invests in the real estate markets of United States. It invests in healthcare facilities, primarily in long-term healthcare facilities in order to create its portfolio. Omega Healthcare Investors, Inc. was founded in 1992 and is based in Maryland, United States.

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Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

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