On Thursday, Shares of QUALCOMM Incorporated (NASDAQ:QCOM), gained 1.13% to $70.52.
Qualcomm Connected Experiences, Inc., a partner of QUALCOMM Incorporated, has declared major feature additions to the Qualcomm® AllPlay™ smart media platform counting Bluetooth® to Wi-Fi re-streaming, custom audio settings and optimized synchronization. Additionally, Hitachi America, Ltd. recently declared the launch of three Wi-Fi speakers powered by AllPlay.
AllPlay provides consumers with multiple streaming options, counting a new feature to combine both Bluetooth and Wi-Fi whole home streaming. Now, all local or cloud-based music on a consumer’s smartphone can be streamed to any Bluetooth-compatible AllPlay speaker and then re-streamed over Wi-Fi to multiple AllPlay speakers, all in synch. This allows simple wireless connectivity to individual speakers or an entire home audio system over the user’s existing home Wi-Fi network. This functionality provides a distinct advantage over Bluetooth-only speakers, which are limited to one-to-one streaming.
The Hitachi Wi-Fi speakers offer seamless streaming of high-quality local and cloud-based audio content – with the high performance and versatility of Wi-Fi and the convenience of Bluetooth. They will be accessible nationwide at a US retailer later this month at three affordable price points.
QUALCOMM Incorporated designs, develops, manufactures, and markets digital communications products and services in China, South Korea, Taiwan, and the United States. The company operates through three segments: Qualcomm CDMA Technologies (QCT), Qualcomm Technology Licensing (QTL), and Qualcomm Planned Initiatives (QSI).
Shares of Coeur Mining, Inc. (NYSE:CDE), inclined 0.72% to $5.61, during its last trading session.
Coeur Mining, stated first quarter 2015 revenue of $153.0 million, adjusted EBITDA of $21.7 million, and adjusted net loss of $0.24 per share. Adjusted all-in sustaining costs declined 8% from the fourth quarter of 2014 to $17.66 per silver equivalent ounce, the lowest level in the two years of reporting this metric. Adjusted costs applicable to sales per silver equivalent ounce of $13.71 declined 5% from the fourth quarter.
First Quarter 2015 Highlights
- Silver production was 3.8 million ounces and gold production was 69,734 ounces, or 8.0 million silver equivalent ounces as formerly declared on April 6, 2015
- Adjusted all-in sustaining costs were $17.66 per silver equivalent ounce , down 8% from the fourth quarter
- Adjusted costs applicable to sales per silver equivalent ounce were $13.71, a 5% decrease from the fourth quarter and the lowest level in a year
- Adjusted costs applicable to sales per gold ounce at Kensington were $797, almost unchanged from the fourth quarter
- Adjusted costs applicable to sales per silver equivalent ounce at Palmarejo dropped 7% from the fourth quarter to $14.56
- Adjusted costs applicable to sales per silver equivalent ounce at Rochester were $12.95, down 6% from the fourth quarter
- Attained the Wharf gold mine from a partner of Goldcorp for $103 million in cash
- Cash, cash equivalents, and short-term investments were $179.6 million at March 31, 2015
- Shares issued and outstanding were 136.0 million as of May 1, 2015.
Coeur Mining, Inc., through its auxiliaries, engages in the ownership, operation, exploration, and development of silver and gold mining properties primarily in the United States, Mexico, Bolivia, Argentina, Australia, Ecuador, Chile, and New Zealand.
At the end of Thursday’s trade, Shares of American Electric Power Co., Inc. (NYSE:AEP), gained 1.51% to $55.10.
American Electric Power Company, has released its 2015 Corporate Accountability Report, titled “Powering the Future,” which comprises discussion of the company’s strategy, governance and financial performance.
AEP’s 2015 Corporate Accountability Report is focused on several key areas: business performance, technology and innovation, customers and communities, and AEP’s workforce. Among its highlights, the report discusses AEP’s 2014 financial successes. AEP was one of the top five best-performing utility stocks for 2014, and shareholders received a total return of 35 percent, surpassing the total returns for both the S&P 500 Electric Utilities Index and the S&P 500.
The report discusses AEP’s capital investment strategy, counting the company’s focus on lower-emissions generating capacity counting natural gas, renewables and energy efficiency. The company is retiring more than 6,500 megawatts (MW) of coal-fueled generation in 2015 and 2016 and is refueling coal-fueled generating units in Kentucky and Virginia with natural gas. AEP also is building nearly 16 MW of utility-scale solar generation in Indiana and Michigan.
American Electric Power Company, Inc., a public utility holding company, engages in the generation, transmission, and distribution of electricity for sale to retail and wholesale customers. The company generates electricity using coal and lignite, natural gas, nuclear, and hydroelectric and other energy sources.
Finally, Paragon Offshore plc (NYSE:PGN), ended its last trade with 9.14% gain, and closed at $1.91.
Paragon Offshore, stated first quarter 2015 net income of $61.1 million, or $0.69 per diluted share as contrast to first quarter 2014 net income of $124.6 million, or $1.47 per diluted share. Results for the quarter comprise a $16.8 million, or $0.17 per diluted share, gain on the sale of an asset and a $4.3 million, or $0.05 per diluted share, gain related to the repurchase of an aggregate principal amount of $11 million of its senior unsecured notes. For periods preceding to Paragon’s spin-off from Noble Corporation plc on August 1, 2014, results of operations are based on Noble’s standard-specification business and comprise contributions from three standard specification rigs retained by Noble and three standard specification rigs that were sold preceding to the Spin-Off.
Paragon Offshore plc, together with its auxiliaries, provides offshore drilling rigs. The company is involved in contracting its rigs, related equipment, and work crews to conduct oil and gas drilling and workover operations for its exploration and production customers on a day rate basis.
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