On Tuesday, Shares of International Business Machines Corporation (NYSE:IBM), lost -5.86% to $163.07.
International Business Machines Corporation, together with NVIDIA and two U.S. Department of Energy National Laboratories declared a pair of Centers of Excellence for supercomputing – one at the Lawrence Livermore National Laboratory and the other at the Oak Ridge National Laboratory. The collaborations are in support of IBM’s supercomputing contract with the U.S. Department of Energy. They will enable advanced, large-scale scientific and engineering applications both for supporting DOE missions, and for the Summit and Sierra supercomputer systems to be delivered respectively to Oak Ridge and Lawrence Livermore in 2017 and to be operational in 2018.
As the new supercomputers are being readied for installation, the Centers of Excellence will prepare the way for their optimum use in scientific research in such critical areas as energy, climate research, cosmology, biophysics, astrophysics and medicine, in addition to in national nuclear security and other national security interests.
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.
Shares of Helix Energy Solutions Group, Inc. (NYSE:HLX), declined -16.81% to $9.40, during its last trading session, hitting its lowest level.
Helix Energy Solutions Group, stated a net loss of $(2.6) million, or $(0.03) per diluted share, for the second quarter of 2015 contrast to net income of $57.8 million, or $0.55 per diluted share, for the same period in 2014 and net income of $19.6 million, or $0.19 per diluted share, for the first quarter of 2015. Net income for the six months ended June 30, 2015 was $17.0 million, or $0.16 per diluted share, contrast with net income of $111.5 million, or $1.05 per diluted share, for the six months ended June 30, 2014.
Helix Energy Solutions Group, Inc., together with its auxiliaries, provides specialty services to the offshore energy industry primarily in the Gulf of Mexico, North Sea, the Asia Pacific, and West Africa regions. The company operates through four segments: Well Intervention, Robotics, Production Facilities, and Subsea Construction.
Finally, UDR, Inc. (NYSE:UDR), ended its last trade with -0.48% loss, and closed at $33.41.
UDR, declared the appointment of a new member to its Board of Directors, Mary Ann King, effective July 16, 2015. With the addition of this new independent director, the Company’s Board will total 9 members, 8 of which are independent.
The Company’s Board of Directors retained the search firm Korn Ferry to assist in finding and screening director candidates.
UDR, Inc. is an independent real estate investment trust. The firm invests in the real estate markets of the United States. It owns, operates, acquires, renovates, develops, redevelops, and manages multifamily apartment communities.
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