On Wednesday, Shares of Teradata Corporation (NYSE:TDC), gained 0.18% to $28.42.
Teradata, declared that Shutterfly, Inc., the leading manufacturer and digital retailer of high-quality personalized photo products and services, has selected Teradata to provide and support deployment of a Data Warehouse. The purchase comprises Teradata QueryGrid, for seamless data and systems integration and, in addition, a Teradata Appliance for Hadoop. Also comprised in the agreement are Teradata Managed Services, Oracle Migration Services, Education Services, and a Business Consulting Architecture Roadmap. The deployment has been launched and is now in full production using Teradata in-database “R” Analytics.
With seven brands and six acquisitions in the last four years, Shutterfly is adjusting to rapid business growth and merchandise extensions, leading to increasing data volumes, complexity, and changing user behavior across multiple devices. In addition, capacity and analytical capabilities in its existing data environment have not kept pace with the explosion of big data and its emerging data sources and types.
“The Teradata field team has served as a trusted advisor in a complex world of big data; they understood our unique requirements. As a result, they projected relevant solutions and services for increasing performance, enhancing user access with Data Labs, improving system and workload administration, and the addition of Teradata in-database “R” Analytics,” said Sarang Kirpekar, vice president of Data Products and Science, Shutterfly. “This all adds up to Teradata providing the best integration and analytics tools with the expertise to assist us create a powerhouse analytic environment — and discover the actionable insights we need to fully realize our vision as a data-driven business.”
Teradata Corporation provides analytic data platforms, marketing and analytic applications, and related services in the United States and internationally. Its analytic data platforms comprise software, hardware, and related business consulting and support services for data warehousing and big data analytics.
Shares of Canadian Solar Inc. (NASDAQ:CSIQ), inclined 2.62% to $21.13, during its last trading session.
Canadian Solar, declared that it signed a contract with Mashiki Town and Kumamoto Prefecture to build a 47.0 MWp solar power plant. Once accomplished, the Mashiki solar power plant will be the largest solar plant in Kumamoto Prefecture.
The Mashiki plant is predictable to start commercial operation in the first quarter of 2017. Powered by Canadian Solar modules, the plant is predictable to generate about 57,000MWh of clean, solar electricity per year, which will be purchased by Kyushu Electric Power Co., Inc. under a 20 year feed-in-tariff contract at the rate of JPY36.0 ($0.30) per kWh.
“We are very happy to declare this agreement with Mashiki Town and Kumamoto Prefecture,” commented Dr. Shawn Qu, Chairman and Chief Executive Officer of Canadian Solar Inc. “The Mashiki solar project is our largest Japanese project to start construction, and represents an important milestone as we continue to make progress developing our high-value solar project pipeline in this important market.”
Canadian Solar Inc., together with its auxiliaries, designs, develops, manufactures, and sells solar wafers, cells, and solar power products worldwide. The company operates in two segments, Module and Energy. Its products comprise various solar modules that are used in residential, commercial, and industrial solar power generation systems.
Finally, LendingClub Corp (NYSE:LC), ended its last trade with 1.26% gain, and closed at $14.46.
Lending Club, declared that its marketplace is now available to investors in Missouri, South Carolina, and Tennessee, bringing the total number of states available to retail investors to 39.
“We are excited to continue to expand access to consumer credit as an asset class for retail investors,” said Lending Club founder and CEO Renaud Laplanche. “There are now well over 100,000 active investors in 39 states enjoying the benefits of high yield and broad diversification that were formerly only available to banks and large institutional investors.”
Lending Club is a two-sided marketplace that brings together borrowers looking for lower rates and a great experience, and investors looking for attractive returns. Individual retail investors use the platform to access consumer credit as an asset class not formerly available to them. Investors on the Lending Club platform can invest in loans in increments as low as $25, diversifying across hundreds or thousands of borrowers, to quickly and easily build a portfolio that fits their investment objectives. Each fraction of a loan is invested in through a Note. Lending Club Notes have Historical Returns by Grade A-C of 5.19% to 8.88%.* Among investors who own 100 or more Notes of similar size representing loans to different borrowers, 99.9 percent have seen positive returns.
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.
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