During Monday’s Current trade, Shares of Altera Corporation (NASDAQ:ALTR), lost -1.93% to $47.24.
Altera Corporation (ALTR) declared the launch of the Altera SoC Developers Forum (ASDF). These inaugural events in Silicon Valley; Frankfurt, Germany; and Shenzhen, China bring together partners, developers and engineers who are focused on using fine-grained heterogeneous computing technology in ARM-based SoC FPGAs to address next-generation embedded computing applications. The ASDF provides an environment where system architects, hardware engineers, software developers and firmware engineers can collaborate, talk about ideas and challenges, and learn the latest technology and SoC FPGA product news from Altera and its partners. \
ASDF comprises two technical tracks focused on hardware design and software development. Attendees will receive in-depth technical information through breakout sessions, hands-on operates hops and keynotes. The ASDF also comprises an exhibit hall with the latest technical demonstrations from industry leaders such as Arrow Electronics, Cytech, EBV, ARM, Lauterbach, MathOperates, Terasic, Wind River, and more.
Altera Corporation, a semiconductor company, designs and sells programmable logic devices (PLDs), HardCopy application-specific integrated circuit (ASIC) devices, power system-on-chip devices (PowerSoCs), pre-defined design building blocks, and associated development tools. The company offers PLDs, which comprise of field-programmable gate arrays (FPGAs) and complex programmable logic devices (CPLDs), which are standard semiconductor integrated circuits or chips to perform logic functions in electronic systems; and PowerSoCs, which simplify and drive the miniaturization of power circuitry in the electronic systems. It also provides HardCopy ASIC devices that offer customers a migration path from a PLD to high-volume, non-programmable implementation of their designs; and configuration devices that store the programming code for FPGAs.
Shares of Enbridge Inc (USA) (NYSE:ENB), declined -3.03% to $38.45, during its current trading session.
Enbridge Pipelines Inc. (EPI) recently declared that it has accomplished its transfer of EPI’s ownership interest in Enbridge Energy Company, Inc., a wholly-owned U.S. partner of EPI, to a wholly-owned partner of Enbridge Inc. (“U.S. Reorganization”).
The U.S. Reorganization was part of a formerly planned structural reorganization, which commenced in 2011, and a pre-closing transaction for the transfer of Enbridge’s Canadian Liquids Pipelines Business and Renewable Energy Assets to the Enbridge Income Fund as formerly declared on June 19, 2015.
Enbridge Inc. operates as an energy transportation and distribution company in the United States and Canada. Its Liquids Pipelines segment operates common carrier and contract crude oil, natural gas liquids (NGL), and refined products pipelines and terminals. The company’s Gas Distribution segment operates as a natural gas utility that serves residential, commercial, and industrial customers in Central and Eastern Ontario, and Northern New York State, in addition to in Quebec and New Brunswick.
Chicago Bridge & Iron Company N.V. (NYSE:CBI), during its Monday’s current trading session decreased -6.14% to $40.33.
CB&I (CBI) declared it has been awarded a contract valued at about $60 million for the U.S. Army Corps of Engineers, Omaha District, Rapid Disaster Infrastructure Response Program. CB&I’s scope of work comprises flood control, water diversion projects and channel alignments resulting from time-sensitive natural or man-made disasters throughout the U.S.
Chicago Bridge & Iron Company N.V. provides conceptual design, technology, engineering, procurement, fabrication, modularization, construction, commissioning, maintenance, program administration, and environmental services worldwide. The company’s Engineering, Construction and Maintenance segment offers engineering, procurement, and construction services for energy infrastructure facilities, in addition to comprehensive and integrated maintenance services. Its projects comprise nuclear, fossil, and renewable electric generating plants for the power industry; and upstream and downstream process facilities for the oil and gas industry.
Finally, Fairmount Santrol Holdings Inc (NYSE:FMSA), decreased -7.74%, to $4.17.
Fairmount Santrol (FMSA) declared results for the second quarter ended June 30, 2015.
Second-quarter 2015 revenue totaled $221.3 million, down 34% from $334.3 million for the same period in 2014, and down 27% from $301.5 million in the first quarter of 2015. Overall sales volumes were 2.2 million tons for the quarter, about an 8% decrease contrast with 2.4 million tons in the second quarter of 2014 and a 4% sequential decrease from 2.3 million tons. The decrease in volumes in the second quarter of 2015 over the preceding-year period was primarily a result of reduced demand for proppants due to the continued decline in U.S. oil and gas land drilling activity driven by sustained low oil and gas prices.
Fairmount Santrol Holdings Inc., together with its auxiliaries, provides sand-based proppant solutions for exploration and production companies to enhance the productivity of their oil and gas wells. The company operates in two segments, Proppant Solutions and Industrial & Recreational (I&R) Products.
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