Search
Wednesday 8 July 2015
  • :
  • :

Current Trade Stocks Recap: VimpelCom (NASDAQ:VIP), Knowles (NYSE:KN), Atmel (NASDAQ:ATML), Phillips 66 (NYSE:PSX)

 

During Monday’s Current trade, Shares of VimpelCom Ltd (ADR) (NASDAQ:VIP), lost -2.57% to $4.93.

VimpelCom Ltd (ADR) (VIP) a leading global provider of telecommunications services, headquartered in Amsterdam, declares that VimpelCom shareholders approved all agenda items at its Annual General Meeting of Shareholders (AGM) held recently in Amsterdam.

In particular, the Company’s shareholders elected the following candidates to the Supervisory Board: Mikhail Fridman, Gennady Gazin, Andrei Gusev, Gunnar Holt, Sir Julian Horn-Smith, Nils Katla, Alexey Reznikovich, Morten Karlsen Sorby and Trond O Westlie.*

The reappointment of PricewaterhouseCoopers Accountants NV as the Company’s auditor was also approved.

Holders of about 93.2% of the Company’s shares were represented at the AGM.

VimpelCom Ltd. provides telecommunications services in Italy, Russia, Ukraine, Kazakhstan, Uzbekistan, Tajikistan, Armenia, Georgia, Kyrgyzstan, Laos, Algeria, Bangladesh, and Pakistan. It offers voice and data services through a range of traditional and broadband mobile and fixed line technologies.

Shares of Knowles Corp (NYSE:KN), declined -0.32% to $18.47, during its current trading session.

The Board of Directors of Knowles Corporation (KN) declared the appointment of Dr. Hermann Eul to the Board of Directors effective July 1, 2015. Dr. Eul will stand for election at the Company’s 2016 Annual Meeting of Stockholders. He was also designated to serve on the Compensation Committee and the Governance and Nominating Committee.

Since 2012, Dr. Eul has been the Corporate Vice President and General Manager at Intel Corporation, which he joined in February 2011 when Intel attained the wireless solutions business of Infineon Technologies and formed Intel Mobile Communications. Formerly, he was President and General Manager of Intel Mobile Communications, and from 2005 to 2011 Dr. Eul was Executive Vice President of Infineon Technologies responsible for technology, research and development and marketing and sales. In addition, Dr. Eul was awarded a full chair professorship at Hanover University (Germany) in 2003.

Knowles Corporation designs, manufactures, and sells products and components to the mobile communications, consumer electronics, medical technology, telecommunications infrastructure, military, aerospace, and industrial markets worldwide. The company operates in two segments, Mobile Consumer Electronics and Specialty Components. The Mobile Consumer Electronics segment designs and manufactures acoustic products, counting microphones, speakers, receivers, and integrated modules for the handset, tablet, and other consumer electronic markets.

Atmel Corporation (NASDAQ:ATML), during its Monday’s current trading session gained 0.10% to $9.72.

Atmel® Corporation (ATML), a global leader in microcontroller (MCU) and touch solutions, recently declared that the company is powering the borderless nubia Z9 smartphone with its award-winning maXTouch® T-series solution.

In recently smartphone market, next-generation industrial designs and new display technologies are key differentiating factors that OEMs require to set their designs apart from their competition. Atmel’s unique, proprietary single-layer pattern brings a true borderless and futuristic industrial design for tomorrow’s handsets. The maXTouch mXT336T delivers these features, together with advanced algorithms and Atmel’s adaptive sensing technology to enable virtual edge keys and sliders—delivering interaction all the way to the edge of the phone. These features enable OEMs to develop new UI concepts, revolutionizing the way users interact with their smartphones.

Atmel’s mXT336T supports up to 10 touches with wake-up gesture libraries and best in-class calibration recovery to enable robust touch performance and excellent noise immunity for recently after-market chargers in extremely noisy environments.

Atmel Corporation designs, develops, manufactures, and sells semiconductor integrated circuit products primarily in the United States, Asia, Europe, South Africa, and Central and South America. It operates in four segments: Microcontroller, Nonvolatile Memory, Automotive, and Multi-Market and Other. The Microcontroller segment provides various proprietary and non-proprietary architectures, such as AVR 8-bit and 32-bit, ARM-based, Atmel’s 8051 8-bit, and low power radio and SOC products, in addition to capacitive touch products, counting maXTouch and QTouch. The Nonvolatile Memory segment offers electrically erasable programmable read-only and erasable programmable read-only memory devices, in addition to secure cryptographic products.

Finally, Phillips 66 (NYSE:PSX), decreased -0.38%, to $81.14.

Phillips 66(PSX) will release its second-quarter 2015 financial results Friday, July 31, at 8 a.m. EDT. Later that day, Phillips 66 executive administration will host a conference call webcast at noon EDT to talk about the company’s second-quarter performance and provide an update on planned initiatives.

Phillips 66 operates as an energy manufacturing and logistics company. It operates through four segments: Midstream, Chemicals, Refining, and Marketing and Specialties (M&S). The Midstream segment transports crude oil and other feedstocks to its refineries and other locations; and delivers refined and specialty products, in addition to provides storage services for crude oil and petroleum products.

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.




Leave a Reply

Your email address will not be published. Required fields are marked *