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Friday 12 June 2015
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Current Trade News Buzz on: Kellogg Company (NYSE:K), Qorvo Inc (NASDAQ:QRVO), Williams Partners LP (NYSE:WPZ), Halozyme Therapeutics, Inc. (NASDAQ:HALO)

On Tuesday, in the course of current trade, Shares of Kellogg Company (NYSE:K), climbed 0.82%, and is now trading at $61.81.

Tweetable Highlights:

  • Kellogg enhances popular Kellogg’s Family Rewards program in the US; No more codes. More participating brands
  • New technology links Kellogg’s Family Rewards with U.S. retailer frequent shopper cards; No more codes
  • Points added automatically Pringles, Murray cookies, Origins cereal and Cheez-It Crunch’D now part of Kellogg’s Family Rewards in US
  • Submit receipts to collect points using new Kellogg’s Family Rewards technology. No more codes. Points added automatically.

Millions of Kellogg’s Family Rewards program members in the U.S. will now be able to collect their points automatically thanks to the use of new technology. Members no longer need to enter codes found on the inside of packages, making it easier than ever for people to collect points and earn rewards. Plus, more Kellogg brands are participating in the program, so more purchases than ever provide points which may be redeemed for high-value coupons, gift cards, sweepstakes and merchandise. Members can also donate to U.S. K-12 schools or a variety of hunger-relief charities.

Kellogg Company, together with its auxiliaries, manufactures and markets ready-to-eat cereal and convenience foods. The company operates through U.S. Morning Foods, U.S. Snacks, U.S. Specialty, North America Other, Europe, Latin America, and Asia Pacific segments. Its principal products comprise ready-to-eat cereals and convenience foods, such as cookies, crackers, savory snacks, frozen foods, toaster pastries, cereal bars, fruit-flavored snacks, frozen waffles, and veggie foods, in addition to health and wellness business bars, and beverages.

During an Afternoon trade, Shares of Qorvo Inc (NASDAQ:QRVO), dipped - 0.71%, and is now trading at $ 79.61.

Qorvo, declared a new family of input-matched gallium nitride (GaN) transistors in a low-cost plastic package designed to enable cost effective commercial and military radar and radio communications systems.

“Qorvo’s input-matched GaN transistors have become very popular because they can be optimized for power and efficiency within the band, enabling RF systems to have greater flexibility and simplified board design,” said James Klein, Qorvo’s president of Infrastructure and Defense Products. “By expanding the portfolio of GaN transistors to comprise low-cost plastic packaging, Qorvo is providing customers with cost-effective, scalable GaN solutions that are also very power efficient.”

Qorvo, Inc. provides technologies and radio frequency (RF) solutions for mobile, infrastructure, defense, and aerospace applications in the United States and internationally. The company operates through Mobile Products, and Infrastructure and Defense Products segments.

Shares of Williams Partners LP (NYSE:WPZ), during its Tuesday’s current trading session raised 0.21%, and is now trading at $52.85.

Williams, declared that it has placed into service its Rockaway Delivery Lateral and Northeast Connector projects, increasing natural gas delivery capacity to Brooklyn and Queens and assisting New York City meet its clean-air aims.

With a daily delivery capacity of 647,000 dekatherms, the Rockaway Delivery Lateral provides an additional supply-delivery connection between Williams’ Transco transmission pipeline and the National Grid distribution system, which provides local natural gas service to 1.8 million customers in Brooklyn, Queens, Staten Island and Long Island. The Rockaway project adds 3.2 miles of new Transco pipeline and related facilities in New York. The Northeast Connector project comprises of equipment to enhance compression at three existing Transco facilities in New Jersey and Pennsylvania and provides 100,000 dekatherms per day of firm transportation capacity from Transco’s Station 195 in southeastern Pennsylvania to the Rockaway Delivery Lateral.

Williams Partners L.P., an energy infrastructure company, focuses on connecting North America’s hydrocarbon resource plays to growing markets for natural gas and natural gas liquids (NGL). It operates in Northeast G&P, Atlantic-Gulf, West, and NGL & Petchem Services segments.

Finally, Halozyme Therapeutics, Inc. (NASDAQ:HALO), gained 1.34% Tuesday, hitting its highest level.

Halozyme Therapeutics, declared its chief financial officer David Ramsay will retire this summer, and named biotech veteran Laurie Stelzer as his successor. Stelzer will assume CFO duties on June 15 and will work with Ramsay through a transition period.

“Since last year, David and I have been working closely to plan for his eventual retirement and I am thrilled to now welcome a finance executive of Laurie’s caliber,” said Dr. Helen Torley, president and chief executive officer. “David assisted guide Halozyme for more than a decade as the company built a noteworthy partner model with our ENHANZE™ platform and more recently as we laid the foundation for the development of our oncology programs. I want to thank him for the value he has created for our employees and shareholders, and for being a trusted partner to me.

Halozyme Therapeutics, Inc., a biotechnology company, researches, develops, and commercializes human enzymes. Its human enzymes are used to facilitate the delivery of injected drugs and fluids, enhancing the efficacy and the convenience of other drugs or can be used to alter abnormal tissue structures for clinical benefit.

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