During Monday’s Current trade, Shares of Cypress Semiconductor Corporation (NASDAQ:CY), gained 0.80% to $8.77.
Cypress Semiconductor Corp. (CY) introduced a Bluetooth® Smart module that is the market’s first Bluetooth Low Energy solution to integrate programmable analog and digital blocks in a fully-certified module. The new, small-form-factor EZ-BLE™ PSoC® module comprises Bluetooth 4.1 qualification and worldwide regulatory certification, greatly simplifying design and decreasing time-to-market. Cypress is the single supplier for silicon, software, firmware and module hardware, streamlining the customer support required to develop sensor-based, low-power systems for Internet of Things (IoT) applications, counting sports and fitness monitors, medical devices, wearable electronics, home automation solutions and game controllers.
Sensor-based systems require an Analog Front End (AFE) for sensing, digital control logic, a BLE radio and a microcontroller, and products with a sophisticated user interfaces require an additional touch or display IC. Based on Cypress’s PSoC® 4 BLE Programmable System-on-Chip with an ARM® Cortex®-M0 core, the EZ-BLE PSoC module integrates all of the building blocks of a sensor-based system, together with Cypress’s industry-leading CapSense® capacitive touch-sensing functionality, two crystals, an on-board trace antenna, metal shield and passive components, all in a compact 11-mm x 11-mm x 1.8-mm form factor. Customers designing with the module can apply to add the Bluetooth logo on their products by referring to Cypress’s Qualification Design Identification (QDID), a unique serial number assigned by the Bluetooth SIG. The EZ-BLE PSoC module is compliant to wireless regulatory standards and is fully-certified in key markets, counting the U.S., Canada, Europe, Korea and Japan, saving customers about $200,000 in hardware development, testing, manufacturing and certification costs.
Cypress Semiconductor Corporation provides mixed-signal programmable solutions, semiconductor memories, and integrated semiconductor solutions worldwide. The company’s Memory Products division designs and manufactures static random access memory (SRAM) products and nonvolatile RAMs used to store and retrieve data in networking, wireless infrastructure and handsets, computation, consumer, automotive, industrial, and other electronic systems; and general-purpose programmable clocks.
Shares of LendingClub Corp (NYSE:LC), inclined 3.36% to $13.70, during its current trading session.
Lending Club (LC), the world’s largest online marketplace connecting borrowers and investors, recently presented a response to the U.S. Treasury Department’s Request for Information (RFI) on Expanding Access to Credit through Online Marketplace Lending.
Lending Club’s response starts by explaining the benefits it delivers to both borrowers and investors. Lending Club uses technology to reduce costs and pass on the cost savings to borrowers in the form of lower interest rates and to investors in the form of better returns. More specifically, borrower benefits comprise:
- Noteworthycost savings: Over 70% of borrowers on our platform report using their loan to pay off an existing loan or credit card balance, and report that the interest rate on their Lending Club loan was an average of 7 percentage points lower than they were paying on their outstanding debt or credit cards.
- Responsible credit: Customers who use the Lending Club platform to refinance their credit card balance are replacing revolving, non-amortizing, variable rate debt with a fully amortizing, fixed rate installment loan. This product provides for a more responsible way to manage their credit, and assists improve the customer’s credit score by reducing the amount of open-ended credit. In fact 77% of these customers practiced a FICO score enhance within three months of obtaining their loan through Lending Club, with an average score enhance of 21 points.
Investor benefits comprise:
- Access to credit asset classesthat individual investors didn’t have access to before and institutional investors only had limited access to on a pool basis.
On other hand, Shares of LendingClub Corporation (NYSE:LC) have been given a Buy-Sell rating of 1.85 by Zacks Research. This is based on 8 analyst reports taken into consideration. Brokerage research firms often use different terminology for their stock recommendations. In order to get a simplified consensus recommendation, Zacks uses a simplified 1 to 5 scale in order to obtain an Average Broker Rating. 1 represents a Strong Buy recommendation where 5 a Strong Sell. Stocks with a low rating means they are a Buy or Strong Buy based on analyst consensus opinion. A stock with a higher rating (3-5) yields an average recommendation of Hold, Sell or Strong Sell. Three months ago the stock had a 1.85 rating, which gives an idea of which direction sentiment is headed.
LendingClub Corporation operates as an online marketplace for connecting borrowers and investors in the United States. Its marketplace facilitates various types of loan products for consumers and small businesses, counting unsecured personal loans, super prime consumer loans, unsecured education and patient finance loans, and unsecured small business loans.
Royal Dutch Shell plc (ADR) (NYSE:RDS.A), during its Monday’s current trading session gained 2.97% to $51.27.
Royal Dutch Shell plc’s (RDS-A) capital comprises of 3,941,881,005 A shares and 2,440,410,614 B shares, each with equal voting rights. Royal Dutch Shell plc holds no ordinary shares in Treasury.
The total number of A shares and B shares in issue is 6,382,291,619 and this figure may be used by shareholders as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change to their interest in, Royal Dutch Shell plc under the FCA’s Disclosure and Transparency Rules.
Note: This declarement is made following Disclosure and Transparency Rule 5.6.1 and as such the above figures comprise shares purchased by Royal Dutch Shell plc as part of its share buy-back program but not yet cancelled.
Royal Dutch Shell plc operates as an independent oil and gas company worldwide. It operates through Upstream and Downstream segments. The company explores for and extracts crude oil, natural gas, and natural gas liquids.
Finally, Enterprise Products Partners L.P. (NYSE:EPD), gained 1.52%, to $28.11.
Enterprise Products Partners L.P. (EPD) declared that the board of directors of its general partner declared an enhance in the quarterly cash distribution paid to partners to $0.385 per common unit, or $1.54 per unit on an annualized basis. The quarterly distribution will be paid on Friday, November 6, 2015, to unitholders of record as of the close of business on Friday, October 30, 2015. This distribution, which represents a 5.5 percent enhance over the distribution declared with respect to the third quarter of 2014, is the 54th distribution enhance since Enterprise’s initial public offering in 1998 and the 45th successive quarterly enhance.
Associates of privately held Enterprise Products Company (“EPCO”), which collectively own Enterprise’s general partner and about 34 percent of its outstanding limited partner interests, have indicated to Enterprise administration that they intend to purchase $50 million of common units through Enterprise’s distribution reinvestment plan in November 2015. This would bring EPCO’s total investment in Enterprise common units to $ Enterprise will declare its earnings for the third quarter of 2015 on Thursday, October 29, 2015, before the New York Stock Exchange opens for trading. Following the declaration, the partnership will host a conference call at 9 a.m. CT with analysts and investors to talk about earnings.
On other hand, Enterprise Products Partners L.P. (NYSE:EPD) was downgraded by equities researchers at Vetr from a “strong-buy” rating to a “hold” rating in a research report issued to clients and investors on Monday, Market Beat Ratings reports. They presently have a $28.22 price target on the stock. Vetr‘s target price indicates a potential upside of 1.91% from the stock’s current price.
Enterprise Products Partners L.P. provides midstream energy services to producers and consumers of natural gas, natural gas liquids (NGLs), crude oil, petrochemicals, and refined products in the United States and internationally. Its NGL Pipelines & Services segment provides natural gas processing and related NGL marketing services, in addition to import and export terminal services.
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