Search
Thursday 23 April 2015
  • :
  • :
Latest Update

Green Zone News Recap - Kohl’s, (NYSE:KSS), Cadence Design Systems, (NASDAQ:CDNS), Target, (NYSE:TGT)

On Monday, Shares of Kohl’s Corp. (NYSE:KSS), gained 1.15% to $75.33.

Kohl’s Corporation, declared a partnership with designer Thakoon Panichgul for the seventh installment of its DesigNation limited-edition collection. The fashion industry favorite visited London to inspire the capsule of misses apparel that will be accessible exclusively at Kohl’s and Kohls.com starting fall 2015.

The Thakoon for DesigNation collection brings Panichgul’s take on a favorite destination, London, where he recently celebrated his brand’s tenth anniversary. He translated his affinity for the city’s character, culture and history to unique prints and patterns for shirts, sweaters, knit tops, dresses and bottoms, all under $200.

Based on creative construction and an innate feel for a new sense of femininity in dressing, Thakoon’s concentration revolves around the nuances of classical design, where subtleties take center stage.

Kohl’s Corporation operates department stores in the United States. It offers private label, exclusive, and national brand apparel, footwear, accessories, beauty, and home products to children, men, and women customers. The company also sells its products online at Kohls.com and through mobile devices.

Shares of Cadence Design Systems Inc. (NASDAQ:CDNS), gained 1.14% to $18.64, during its last trading session.

Cadence Design Systems, declared that the FreeRTOS™ real-time operating system is now accessible for Cadence® Tensilica® processors and digital signal processors (DSPs). FreeRTOS is a popular, scalable, easy-to-use real-time kernel designed specifically for small, low-power embedded systems. According to a 2013 market share study from UBM Tech, FreeRTOS had been selected for 13 percent of embedded projects that utilize an embedded operating system (OS), and is a very popular option for microcontrollers in addition to smaller 32-bit processor cores.

FreeRTOS makes it easier for programmers to develop complex real-time software that combines control and DSP threads, and FreeRTOS has specific support for Internet of Things (IoT) applications that assists customers get to market faster. Tensilica processors and DSPs are ideal for wearables and other IoT applications that combine wireless digital signal processing with control. By combining digital signal processing and control, designers can develop lower power, more efficient chips.

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.

Finally, Target Corp. (NYSE:TGT), ended its last trade with 1.14% gain, and closed at $80.93.

Target declared that it has reached a Settlement Contract with MasterCard International Incorporated relative to the data breach that Target practiced during the fourth quarter of 2013.

Under the contract, alternative recovery offers will be made by MasterCard to eligible MasterCard issuers worldwide that issued MasterCard-branded payment cards claimed to have been affected by the data breach, and MasterCard will recommend that such eligible issuers accept their offers.

Target has agreed to fund up to $19 million pre-tax in alternative recovery payments, depending on the extent of eligible issuer acceptances. The settlement is conditioned on issuers of at least 90% of the eligible MasterCard accounts accepting their alternative recovery offers, either directly or through their sponsoring issuers, by May 20, 2015. The estimated costs of this settlement are already reflected in the data breach liabilities that Target established during fiscal 2013 and 2014.

Target Corporation operates as a general merchandise retailer in the United States and Canada. It offers household essentials, counting pharmacy, beauty, personal care, baby care, cleaning, and paper products; music, movies, books, computer software, sporting goods, and toys; electronics, such as video game hardware and software; and apparel for women, men, boys, girls, toddlers, infants, and newborns, in addition to intimate apparel, jewelry, accessories, and shoes.

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 *