On Friday, Cadence Design Systems Inc (NASDAQ:CDNS)’s shares inclined 0.48% to $20.90.
Cadence Design Systems Inc (CDNS) and Applied Materials, Inc. (AMAT) declared the companies are collaborating on a development program to optimize the chemical-mechanical planarization (CMP) process through silicon characterization and modeling for advanced-node designs at 14 nanometer (nm) and below. The program allows design teams to predict the impact of CMP on both functional yield and parametric yield, and for manufacturing teams to boost planarization performance, which is increasingly critical for advanced FinFET architectures.
The Cadence® and Applied Materials joint development program is focused on front end-of-line (FEOL) and wafer-level CMP modeling. Applied Materials can use the Cadence CMP Process Optimizer, a tool that allows silicon calibration of semi-physical models and optimization of CMP material and process parameters such as pressure, polish time and overall CMP uniformity, to enhance the precision performance of its Reflexion® LK Prime™ CMP system.
Cadence Design Systems, Inc. develops, sells, leases, and licenses electronic design automation (EDA) software, emulation and prototyping hardware, verification intellectual property (VIP), and design intellectual property (design IP) for semiconductor and electronics systems industries worldwide.
CubeSmart (NYSE:CUBE)’s shares gained 0.89% to $26.18.
CubeSmart (CUBE), a self-administered and self-managed real estate investment trust focused on self-storage facilities, declared recently that its Board of Trustees declared a quarterly dividend of $0.16 per common share for the period ending September 30, 2015. The dividend is payable on October 15, 2015 to common shareholders of record on October 1, 2015. The Board of Trustees also declared a quarterly dividend of $0.484375 for the 7.75% Series A Cumulative Redeemable Preferred Shares payable on October 15, 2015 to holders of record on October 1, 2015.
CubeSmart is an equity real estate investment trust. The firm invests in the real estate markets of the United States. It engages in ownership, operation, acquisition and development of self-storage facilities. The firm was formerly known as U-Store-It Trust. CubeSmart was founded in July 2004 and is based in Malvern, Pennsylvania.
At the end of Friday’s trade, Duke Realty Corp (NYSE:DRE)‘s shares surged 0.50% to $19.92.
Duke Realty Corporation ( DRE), a leading industrial, medical and suburban office property REIT, recently stated results for the second quarter of 2015.
Quarterly Highlights
- Core Funds from Operations (“Core FFO”) per diluted share was $0.28 for the quarter. Funds from Operations (“FFO”) per diluted share as defined by the National Association of Real Estate Investment Trusts (“NAREIT”) was $0.06 for the quarter.
- Operating results:
- Occupancy in the total portfolio, counting properties under development, of 93.5 percent and in-service portfolio occupancy of 95.8 percent;
- Same-property net operating income growth of 6.2 percent for the quarter ended June 30, 2015 as contrast to the quarter ended June 30, 2014 and 6.3 percent for the twelve months ended June 30, 2015 as contrast to the twelve months ended June 30, 2014;
- Adjusted Funds from Operations (“AFFO”) of $0.25 per diluted share, which results in a dividend payout ratio of 68 percent;
- Total leasing activity of 4.0 million square feet.
Duke Realty Corporation is an equity real estate investment trust. The firm invests in the real estate markets of the United States. It offers a single point of responsibility for all aspects of a project, counting leasing, asset administration, construction and development. The firm primarily invests in commercial real estate sector.
Ferro Corporation (NYSE:FOE), ended its Friday’s trading session with -1.09% loss, and closed at $13.63.
Ferro Corporation ( FOE) stated results for the second quarter ended June 30, 2015. Second quarter income from ongoing operations attributable to common shareholders was $0.14 per diluted share contrast with $0.15 per diluted share in the second quarter of 2014. On an adjusted basis, earnings per diluted share were $0.20, as compared to $0.19 for the second quarter of 2014. The results in both years comprise a number of charges relating to, among other items, restructuring activities. Please refer to the supplemental tables at the end of this release for additional information concerning adjusted financial results.
Second quarter 2015 net sales were $268 million, while value-added sales, which exclude precious metal sales, were $257 million. In the same period last year, net sales and value-added sales were $294 million and $282 million, respectively. On a constant currency basis, value-added sales raised 5%. The impact of foreign currency translation reduced value-added sales by about $36 million.
Ferro Corporation, together with its auxiliaries, produces specialty materials in the United States and internationally. It operates through four business units: Tile Coating Systems; Porcelain Enamel; Performance Colors and Glass; and Pigments, Powders and Oxides. The company’s products comprise frits, porcelain and other glass enamels, glazes, stains, decorating colors, pigments, inks, polishing materials, specialty dielectrics, electronic glasses, and other specialty coatings. Its products are used in appliances, automobiles, building and renovation, electronics, household furnishings, industrial products, and packaging.
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