On Monday, Shares of Amkor Technology, Inc. (NASDAQ:AMKR), lost -2.72% to $4.29.
Amkor Technology, declared plans to expand its state-of-the-art assembly and test factory located in China’s Shanghai Waigaoqiao Free Trade Zone. With this project, Amkor anticipates to enhance its manufacturing facilities in China by 45% to nearly 60,000 square meters of cleanroom space.
“Demand for assembly and test services is booming in China, particularly for advanced products employing wafer-level, die stacking and package stacking technology,” said Steve Kelley, Amkor’s president and chief executive officer. “Our Shanghai operation is Amkor’s second-largest factory by revenue, and offers the most advanced OSAT technologies in China for both local and international customers. This investment reflects the long term strength of our mobile communications business, and the increasingly important role of the Chinese market in the global semiconductor supply chain.”
Amkor Technology, Inc. provides outsourced semiconductor packaging and test services in the United States, China, Ireland, Japan, Singapore, Taiwan, Thailand, and internationally.
Shares of Synaptics, Incorporated (NASDAQ:SYNA), inclined 0.43% to $79.72, during its last trading session.
Synaptics, declared that members of the executive administration team will present to the investment community at the Pacific Crest Global Technology Leadership Forum on Tuesday, August 11, 2015 at 1:00 p.m. Mountain Time. The conference will be held at the Sonnenalp Resort in Vail, CO.
Synaptics Incorporated develops, markets, and sells custom-designed human interface solutions for electronic devices and products primarily in China, South Korea, Taiwan, the United States, Japan, and other countries.
At the end of Monday’s trade, Shares of Clean Energy Fuels Corp (NASDAQ:CLNE), gained 0.17% to $5.77.
Within the Highway Trust Fund legislation passed by both Houses of the U.S. Congress this week and predictable to be signed by President Obama, is a provision to equalize the federal tax on liquefied natural gas (LNG) to an energy-equivalent basis with diesel and gasoline. The result will lower the tax on LNG by 14.1 cents per gallon. Twenty-six State Legislatures have already taken similar action.
The following statement is attributed to Andrew J. Littlefair, president and CEO of Clean Energy Fuels Corp. (CLNE):
“The use of LNG as a transportation fuel continues to grow in heavy-duty trucks, locomotives and large ships because it burns cleaner and the price is reliably lower due to the fact that it originates from North America. Anyone who cares about a cleaner environment and energy independence should be very grateful for what the U.S. Congress did this week by making LNG that much more competitive as a transportation fuel of choice.”
Clean Energy Fuels Corp. provides natural gas as an alternative fuel for vehicle fleets in the United States and Canada. It designs, builds, operates, and maintains fueling stations; and supplies compressed natural gas (CNG) fuel for light, medium, and heavy-duty vehicles, in addition to liquefied natural gas (LNG) fuel for medium and heavy-duty vehicles.
Finally, Spirit Airlines Incorporated (NASDAQ:SAVE), ended its last trade with 0.23% gain, and closed at $59.96.
Spirit Airlines, stated second quarter 2015 financial results.
- Adjusted net income for the second quarter 2015 raised 12.6 percent to $74.8 million ($1.03 per diluted share) contrast to the second quarter 20141. GAAP net income for the second quarter 2015 raised 18.3 percent year over year to $76.7 million ($1.05 per diluted share).
- Adjusted pre-tax margin for the second quarter 2015 was 21.3 percent1. On a GAAP basis, pre-tax margin for the second quarter 2015 was 21.8 percent.
- Spirit ended the second quarter 2015 with unrestricted cash and cash equivalents of $769.3 million.
- Spirit’s return on invested capital (before taxes and not taking into account special items) for the twelve months ended June 30, 2015 was 29.4 percent.
Spirit Airlines, Inc. provides low-fare airline services. As of June 30, 2015, it operated about 360 daily flights to 57 destinations in the United States, Caribbean, and Latin America.
DISCLAIMER:
This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.
All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.
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.
Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified through the use of such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should might occur.
