On Wednesday, Shares of Advanced Micro Devices, Inc. (NASDAQ:AMD), gained 0.38% to $2.62.
On June 17, Advanced Micro Devices, declared that Samsung Electronics Co., Ltd. selected the AMD Embedded G-Series SoC (system on chip) for a new line of all-in-one cloud monitors featuring integrated thin client technology. The Samsung 21.5-inch TC222W and 23.6-inch TC242W are powered by AMD Embedded G-Series SoCs that couple high-performance compute and graphics capability in a highly integrated, low power design. The AMD SoC improves data transfer rates and saves space on the motherboard, which makes it a perfect fit for the compact form factors required by thin clients.
“Thin client is a key market for AMD Embedded Solutions and we’re thrilled that Samsung has chosen to partner with us for their newest line of products,” said Scott Aylor, vice president and general manager, Embedded Solutions, AMD. “The partnershipwith Samsung builds on the number one position AMD holds in a market that continues to grow, becoming more and more prevalent in commercial installations that serve a broad range of markets.”
Planned availability starting in Q3 2015, the Windows®-supported Samsung cloud monitors will provide customers with expanded choice, capability and configuration flexibility. Complete with Samsung’s professional-grade display panel, the cloud monitors will create a superior user experience through easy connectivity and high-quality reliability. As a superior option for effective desktop virtualization, Samsung’s thin-client monitors will also enable improved productivity and optimized end-to-end performance.
Advanced Micro Devices, Inc. operates as a semiconductor company worldwide. The company’s products primarily comprise x86 microprocessors as an accelerated processing unit (APU), chipsets, discrete graphics processing units (GPUs), and semi-custom System-on-Chip (SoC) products.
Shares of CorEnergy Infrastructure Trust, Inc. (NYSE:CORR), inclined 1.65% to $6.17, during its last trading session.
CorEnergy Infrastructure Trust, declared the pricing of its two formerly declared underwritten public offerings.
In its common stock offering, CorEnergy has agreed to sell 11.25 million shares of common stock at a purchase price of $6.00 per share. The gross proceeds of the offering are predictable to be $67.5 million, before underwriting discounts and other estimated offering expenses. CorEnergy has granted the underwriters a 30-day option to purchase up to an additional 1.6875 million shares of the common stock at the public offering price, less the underwriting discount. The common stock offering is planned to close on or about June 29, 2015, subject to customary closing conditions.
In its convertible notes offering, CorEnergy declared the pricing of its unsecured convertible senior notes at $100 million. The coupon rate is 7% and the initial conversion price of $6.60 represents a premium of 10% to the $6.00 per share issue price. CorEnergy has granted the underwriters a 30-day option to purchase up to an additional $15.0 million of unsecured convertible senior notes at the public offering price, less the underwriting discount. The convertible notes offering is predictable to close on or about June 29, 2015, subject to customary closing conditions.
CorEnergy intends to use the net proceeds from the two offerings to partially finance the planned $245 million acquisition of the Grand Isle Gathering System, a subsea pipeline system in the Gulf of Mexico, from Energy XXI Ltd (EXXI).
CorEnergy Infrastructure Trust, Inc. is an open-ended equity trust launched and managed by Corridor InfraTrust Administration, LLC. The trust primarily owns midstream and downstream U.S. energy infrastructure assets subject to long-term triple net participating leases with energy companies.
Finally, Carnival Corporation (NYSE:CCL), ended its last trade with 0.73% gain, and closed at $49.84, hitting its highest level.
Carnival Corporation, declared non-GAAP net income of $193 million, or $0.25 diluted EPS for the second quarter of 2015 contrast to non-GAAP net income for the second quarter of 2014 of $73 million, or $0.09 diluted EPS. For the second quarter of 2015, U.S. GAAP net income, which comprised of unrealized gains on fuel derivatives of $34 million and $7 million of restructuring expenses, was $222 million, or $0.29 diluted EPS. For the second quarter of 2014, U.S. GAAP net income was $98 million, or $0.13 diluted EPS. Revenues for the second quarter of 2015 were $3.6 billion, in line with the preceding year.
Carnival Corporation & plc President and CEO Arnold Donald noted, “We more than doubled our second quarter earnings as compared to the comparable period a year ago and significantly exceeded our quarterly earnings guidance. Our initiatives to create demand and leverage our scale benefited both cruise ticket prices and onboard revenues contributing to 5% revenue yield improvement (constant currency) this quarter. While all of our North American brands enjoyed strong revenue yield improvement, our Carnival Cruise Line brand performed particularly well again this quarter. We thank our teams around the globe for their consistent delivery of exceptional guest experiences in addition to our travel agent partners for their strong support, both of which are critical to our success.”
Carnival Corporation operates as a cruise company worldwide. It provides vacations to various cruise destinations. The company offers cruise services under the Carnival Cruise Lines, Holland America Line, Princess Cruises, and Seabourn brand names in North America; and AIDA Cruises, Costa Cruises, Cunard, and P&O Cruises names in Europe, Australia, and Asia. It operates 100 cruise ships.
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