On Wednesday, Finisar Corporation (NASDAQ:FNSR)’s shares inclined 2.02% to $11.13.
Finisar Corporation (FNSR), a world leader in optical transceiver technology, recently declared the world’s first 100G QSFP28 SWDM4 module, which operates over standard, duplex multimode fiber. SWDM is an important technology that enables data center operators to upgrade from 10G to 40G and 100G using their existing duplex multimode fiber (MMF) infrastructure. With this module, Finisar is leading the industry in bringing cost-effective upgrade paths to real-world data centers.
The new 100G SWDM module is ideal for cost-sensitive enterprise data centers, in addition to for cloud data centers. It enables operators to upgrade data rates without requiring capital investment for additional fiber. The module is based on Finisar’s long history of reliable shortwave Vertical Cavity Surface Emitting Laser (VCSEL) technology. VCSELs offer the lowest cost, highest density, and lowest power dissipation in the optical industry. This 100G SWDM module follows on the successful demonstration of a 40G SWDM4 QSFP+ module formerly demonstrated at the Optical Fiber Communications conference in March 2015. With this new module release, Finisar now has a complete suite of 40G and 100G pluggable transceiver products that are capable of operating on links built with the traditional, duplex MMF that is already installed in today’s data centers.
Finisar Corporation provides optical subsystems and components for data communication and telecommunication applications in the United States, Malaysia, China, and internationally.
Con-way Inc (NYSE:CNW)’s shares gained 0.64% to $47.45.
Con-way Truckload, a full-truckload carrier and partner of Con-way Inc. (CNW), declared it has won the Partnership Award from United Sugars Corporation for 2015. It’s the eighth successive year the company has earned this distinction from North America’s leading marketer of industrial sugar.
To qualify for the award, a carrier must have shipped at least 500 loads of sugar and received no more than five customer complaints within a 12-month period. In 2015, Con-way Truckload shipped 641 loads and received only two complaints. The award was presented at United Sugars’ recent carrier conference in Fargo, North Dakota.
Con-way Inc., together with its auxiliaries, provides transportation, logistics, and supply chain administration services to various manufacturing, industrial, and retail customers in North America and internationally. It operates through three segments: Freight, Logistics, and Truckload.
At the end of Wednesday’s trade, Paramount Group Inc (NYSE:PGRE)‘s shares surged 1.02% to $16.80.
Paramount Group, Inc. (PGRE) declared that its board of directors declared a regular quarterly cash dividend of $0.095 per share of common stock for the period from July 1, 2015 to September 30, 2015. The dividend will be payable October 15, 2015 to stockholders of record as of the close of business on September 30, 2015.
Paramount Group, Inc. is a real estate firm that invests in Class A office properties located in select central business district submarkets of New York City, Washington, D.C. and San Francisco. Paramount Group, Inc. is based in New York, New York.
Legg Mason Inc (NYSE:LM), ended its Wednesday’s trading session with 1.04% gain, and closed at $41.61.
Legg Mason, Inc. (LM) declared that its Scholars Choice College Savings Program has again been comprised of among the top four performing advisor-sold 529 Plans by Savingforcollege.com for the 1-year period ending June 30, 2015. This represents the 23rd quarter in a row that the Legg Mason Plan has secured this coveted spot.
“Recent surveys show that parents who plan ahead for college have saved nearly 50% more than those who haven’t,” observed Wayne Lin, Portfolio Manager at QS LMGAA, the Legg Mason associate charged with fund selection and asset allocation for the Plan. “The best way to maximize those savings is to choose a top-performing 529 plan.”
All Savingforcollege.com rankings are as of June 30, 2015 and are based on the universe of 30 advisor-sold plans for Class A share performance (counting maximum sales charges). The portfolios within the plans are contrast and ranked based on published investment returns. The plan’s composite ranking is determined by the average of its percentile ranking. The program ranked 3, 4, 2 and 7 for the quarterly rolling 1-, 3-, 5- and 10-year periods, respectively. Past performance is no guarantee of future results. The performance and rankings talk abouted are inherently limited and are not indicative of longer-term performance. Current performance may be lower or higher than performance results used for these rankings, resulting in different rankings that may be lower than those shown. Market volatility, interest rate changes and economic events, among other factors, can affect an investment’s short-term returns.
Legg Mason, Inc. is a publicly owned asset administration holding company. The firm provides investment administration and related services to institutional and individual clients, company-sponsored mutual funds and other pooled investment vehicles through its wholly owned auxiliaries.
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