On Thursday, Shares of Violin Memory Inc (NYSE:VMEM), gained 10.36% to $2.45.
Violin Memory, declared four new Fortune 1000 customer wins and deployments for its Flash Storage Platform (FSP), the ultimate enterprise storage solution for the consolidation and simplification of next generation data center workloads, delivering continuous data protection and the highest performance storage at the lowest CAPEX and OPEX possible recently.
Violin Memory, Inc. develops and supplies memory-based storage systems to bring storage performance in line with high-speed applications, servers, and networks worldwide.
Shares of Royal Bank of Canada (NYSE:RY), inclined 0.47% to $ 60.09, during its last trading session.
RBC Royal Bank, reduced its prime lending rate by 15 basis points to 2.85 per cent from 2.70 per cent, effective July 16, 2015 .
Royal Bank of Canada, together with its auxiliaries, operates as a diversified financial service company worldwide. The company operates through five segments: Personal & Commercial Banking, Wealth Administration, Insurance, Investor & Treasury Services, and Capital Markets.
At the end of Thursday’s trade, Shares of Intersil Corp (NASDAQ:ISIL), lost -2.37% to $11.53.
Intersil Corporation, will report second quarter financial results on Wednesday, July 29, 2015, after market close. An earnings conference call will be webcasted from the company’s website following the release at 1:30 p.m. Pacific Time. Necip Sayiner, Intersil’s president and chief executive officer, and Rick Crowley, chief financial officer, will provide details on the company’s financial performance, in addition to the company’s outlook for the third quarter of 2015.
Intersil Corporation designs and develops power administration and precision analog integrated circuits (ICs) for industrial and infrastructure, consumer, and computing markets.
Finally, First Republic Bank (NYSE:FRC), ended its last trade with -1.14% loss, and closed at $63.95.
First Republic Bank, declared financial results for the quarter ended June 30, 2015.
“We are very happy with second quarter results, which were driven by revenue growth,” said CEO Jim Herbert. “Loans, deposits and assets under administration raised nicely. Costs remained under control, and credit quality was excellent.”
Quarterly Highlights
Financial Results
- Core revenues were up 11.7% contrast to last year’s second quarter.
- Net income was $131.3 million.
- Diluted earnings per share (“EPS”) of $0.80, counting $0.04 from a one-time special dividend from the FHLB.
- Core net income was $121.1 million.
- Core diluted EPS of $0.73.
- Loan originations totaled $5.8 billion, our highest quarter ever.
- Loans sold totaled $887.2 million, contrast to $574.7 million for the preceding quarter.
- Core net interest margin was 3.12%.
- Core efficiency ratio was 59.8%.
First Republic Bank, together with its auxiliaries, provides private banking, private business banking, real estate lending, and wealth administration services to clients in metropolitan areas of the United States.
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