On Monday, Shares of Bank of America Corporation (NYSE:BAC), gained 0.98% to $16.51.
U.S. Bank N.A. and Bank of America Corp. won’t have to face lawsuits claiming they failed to safeguard the interests of investors as required by their contracts, according to Bloomberg.
The dismissals came in three decisions late Monday by U.S. District Judge Katherine Forrest in Manhattan.
In the first, Forrest rejected an attempt by funds from BlackRock Inc, Allianz SE’s Pacific Investment Administration Co and TIAA-CREF to hold US Bancorp liable for alleged defects in 843 RMBS trusts collateralized by $778.6 billion of loans, causing tens of billions of dollars of losses.
The judge said the funds pleaded their claims incorrectly as to 33 trusts, and said she lacked jurisdiction over the other 810 trusts in light of a December ruling by the federal appeals court in Manhattan concerning Bank of New York Mellon Corp., Reuters Reports
Bank of America Corporation, through its auxiliaries, provides banking and financial products and services for individual consumers, small and middle market businesses, institutional investors, large corporations, and governments worldwide. The company operates through Consumer & Business Banking; Consumer Real Estate Services; Global Wealth & Investment Administration; Global Banking; Global Markets; and Legacy Assets & Servicing segments.
Shares of Applied Materials, Inc. (NASDAQ:AMAT), declined -0.05% to $20.19, during its last trading session.
Today, Applied Materials, declared its Applied Endura® Cirrus(TM) HTX PVD* system with breakthrough technology for patterning copper interconnects at 10nm and beyond. As chip features continue to shrink, innovations in hardmask are required to preserve the pattern integrity of tightly packed, tiny interconnect structures. With the introduction of this technology, Applied enables scaling of the TiN metal hardmask - the industry`s material of choice - to meet the patterning needs of copper interconnects in advanced microchips.
Today`s advanced microchips can pack 20 kilometers of copper wiring in a 100 square millimeter area, stacked in 10 layers with up to 10 billion vias or vertical connections between layers. The role of the metal hardmask is to preserve the integrity of these patterned lines and vias in soft ULK* dielectrics. However, with scaling, the compressive stress from conventional TiN hardmask layers can cause the narrow lines patterned in ULK films to deform or collapse. The tunable Cirrus HTX TiN hardmask with high etch selectivity delivers superior CD* line width control and via overlay alignment resulting in yield improvement.
This breakthrough in TiN hardmask is made possible by precision materials engineering at the wafer level to produce a high density, low-stress film. Combining exceptional film thickness uniformity with low defectivity on a proven Endura platform, the Cirrus HTX system addresses the stringent high volume manufacturing needs of patterning multiple interconnect layers.
Applied Materials, Inc. provides manufacturing equipment, services, and software to the semiconductor, flat panel display, solar photovoltaic (PV), and related industries worldwide. The company’s Silicon Systems Group segment develops, manufactures, and sells a range of manufacturing equipment used to fabricate semiconductor chips or integrated circuits.
At the end of Monday’s trade, Shares of Sirius XM Holdings Inc. (NASDAQ:SIRI), lost -0.26% to $3.90.
Sirius XM Holdings, will commemorate our nation’s fallen service men and women of all generations this Memorial Day by broadcasting “Taps” across every music, sports, talk, and entertainment channel.
The one-minute solemn observance will be broadcast at about 12:00 pm ET on Memorial Day, Monday, May 25, across its entire channel lineup, via satellite and online, in recognition of the national holiday honoring those who gave their lives in service to our country.
Sirius XM Holdings Inc., through its auxiliaries, provides satellite radio services in the United States. The company broadcasts music plus sports, entertainment, comedy, talk, news, traffic, and weather programs, counting various music genres ranging from rock, pop and hip-hop to country, dance, jazz, Latin, and classical; live play-by-play sports from principal leagues and colleges; multitude of talk and entertainment channels for various audiences; national, international, and financial news; and local traffic reports for 22 metropolitan markets.
Finally, Comcast Corporation (NASDAQ:CMCSA), ended its last trade with 0.58% gain, and closed at $56.97.
Comcast Corporation, according to the latest survey is one of the 17 internet service providers contributing to the 1.2 million growth in subscribers.
A study by Leichtman Research Group, has declared the results of its latest survey. The report noted that the enhance in the broadband subscriptions was accounted for by cable companies. They were responsible for the 86% growth seen across internet users growth in the first quarter of this fiscal the company stated.
On May 14, In celebration of Armed Forces Week, Comcast NBCUniversal declared recently that the company is committed to hiring 10,000 reservists, veterans and their spouses or domestic partners between 2015 and 2017. The new employees will work in a variety of positions across all levels of the organization, counting network engineering, technology, operations, theme parks and resorts, programming, customer service, marketing, human resources, and other careers.
From January 2012 through March 2015, Comcast NBCUniversal has already hired about 4,200 veterans, far outpacing the company’s aim to hire 2,000 veterans by 2015 as part of its ongoing partnership with the U.S. Chamber of Commerce Foundation’s Hiring Our Heroes initiative. It is estimated that between 2012 and 2017, about 1 million active-duty service members will have separated from service, and Comcast NBCUniversal is committed to assisting them find jobs as they enter the civilian workforce.
In conjunction with this hiring news, Comcast NBCUniversal also declared the creation of a new role, called the Vice President of Military and Veterans Initiatives. The role will work collaboratively across Comcast NBCUniversal to provide planned leadership to all aspects of programs and outreach engaging the military and veteran community. The role will report to David Watson, Executive Vice President and Chief Operating Officer for Comcast Cable, and to John Wallace, President of Operations and Technical Services at NBCUniversal.
Comcast Corporation operates as a media and technology company worldwide. It operates through Cable Communications, Cable Networks, Broadcast Television, Filmed Entertainment, and Theme Parks segments. The Cable Communications segment offers video, high-speed Internet, and voice services to residential and business customers under the XFINITY brand name.
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