On Monday, Shares of Seagate Technology PLC (NASDAQ:STX), gained 3.70% to $34.29.
Seagate Technology plc, declared the formation of Seagate Government Solutions, a new U.S.-based business entity dedicated to assisting address the growing data-administration needs of government agencies.
The new Seagate entity will focus on the federal government’s big data, high performance computing (HPC), and security needs. Seagate Government Solutions will draw from Seagate’s purpose-engineered HPC and security storage technology – encompassing a robust supply chain, from components and storage devices to file systems – to deliver the levels of security, performance, efficiency, complexity reduction and risk mitigation especially needed in this space.
Deb Oliver, a former Lockheed Martin and Vencore executive with over 30 years of experience working with the federal government, will lead Seagate Government Solutions. Paul Kaminski — former U.S. Under Secretary of Defense for Acquisition and Technology, and Chairman and CEO of consulting company Technovation — will serve as Chairman of the Seagate Government Solutions board.
Seagate Technology Public Limited Company designs, manufactures, and sells electronic data storage products in the Asia Pacific, the Americas, and EMEA countries. It provides hard disk drives, solid state hybrid drives, solid state drives, PCIe cards, and serial advanced technology architecture controllers that are designed for enterprise servers and storage systems in mission critical and nearline applications; for client compute applications comprising desktop and mobile computing; and for client non-compute applications, such as digital video recorders, personal data backup systems, portable external storage systems, digital media systems, and surveillance systems.
Shares of McDermott International (NYSE:MDR), inclined 3.41% to $5.91, during its last trading session.
McDermott International, launched a new web presence (www.mcdermott.com) to enhance the McDermott experience for clients, investors, suppliers, employees and potential members of the Company’s global team.
“For more than 90 years, the name McDermott has resonated throughout the energy, oil and gas and offshore industries for its approach to safety, project certainty and innovative solutions,” said David Dickson, President and Chief Executive Officer.
McDermott International, Inc. operates as an engineering, procurement, construction, and installation company worldwide. The company operates through three segments: Asia Pacific, Americas, and the Middle East.
Finally, Shares of Kansas City Southern (NYSE:KSU), ended its last trade with 0.59% gain, and closed at $87.97.
Kansas City Southern’s, declared a regular dividend of $0.25 per share on the outstanding KCS 4% non-cumulative preferred stock. The dividend is payable on January 19, 2016 to preferred stockholders of record at the close of business on December 31, 2015.
The Board of Directors also declared a regular dividend of $0.33 per share on the outstanding KCS common stock. This dividend is payable on January 20, 2016, to common stockholders of record at the close of business on December 31, 2015.
Headquartered in Kansas City, Mo., Kansas City Southern is a transportation holding company that has railroad investments in the U.S., Mexico and Panama. Its primary U.S. holding is The Kansas City Southern Railway Company, serving the central and south central U.S. Its international holdings comprise Kansas City Southern de Mexico, S.A. de C.V., serving northeastern and central Mexico and the port cities of Lázaro Cárdenas, Tampico and Veracruz, and a 50 percent interest in Panama Canal Railway Company, providing ocean-to-ocean freight and passenger service along the Panama Canal. Kansas City Southern’s North American rail holdings and planned alliances are primary components of a NAFTA Railway system, linking the commercial and industrial centers of the U.S., Mexico and Canada.
Kansas City Southern, through its auxiliaries, engages in the freight rail transportation business. It operates north/south rail route between Kansas City, Missouri, and various ports along the Gulf of Mexico in Alabama, Louisiana, Mississippi, and Texas in the midwest and southeast regions of the United States.