On Thursday, Shares of Cisco Systems, Inc. (NASDAQ:CSCO), gained 0.70% to $28.86.
Cisco Systems, declared the pricing of five series of senior unsecured notes for an aggregate principal amount of $5 billion. The offering is predictable to close on June 17, 2015, subject to customary closing conditions.
Of these notes, $900 million will mature in June 2018 and will bear interest at a floating rate equal to three-month LIBOR plus 31 basis points, $1.6 billion will mature in June 2018 and will bear interest at an annual rate of 1.650%, $1.5 billion will mature in June 2020 and will bear interest at an annual rate of 2.450%, $500 million will mature in June 2022 and will bear interest at an annual rate of 3.000% and $500 million will mature in June 2025 and will bear interest at an annual rate of 3.500%.
Cisco intends to use the net proceeds from this offering for general corporate purposes, counting to return capital to shareholders following its formerly-declared capital allocation strategy through the repurchase of shares of its common stock and the payment of cash dividends.
Cisco Systems, Inc. designs, manufactures, and sells Internet Protocol (IP) based networking products and services related to the communications and information technology industry worldwide. It provides switching products, counting fixed-configuration and modular switches, and storage products that provide connectivity to end users, workstations, IP phones, wireless access points, and servers; and NGN routing products that interconnect public and private wireline and mobile networks for mobile, data, voice, and video applications.
Shares of Advanced Micro Devices, Inc. (NASDAQ:AMD), closed at $2.32, during its last trading session.
Advanced Micro Devices, declared that it will webcast live from the Belasco Theater in Los Angeles during E3. The event, “A New Era in PC Gaming,” will be hosted by AMD’s Chief Gaming Scientist, Richard Huddy on Tuesday, June 16, 2015 at 12:00 PM EDT (11:00 AM CDT/9:00 AM PDT).
Advanced Micro Devices, Inc. operates as a semiconductor company worldwide. The company’s products primarily comprise x86 microprocessors as an accelerated processing unit (APU), chipsets, discrete graphics processing units (GPUs), and semi-custom System-on-Chip (SoC) products.
Finally, Fiat Chrysler Automobiles N.V. (NYSE:FCAU), ended its last trade with 0.89% gain, and closed at $15.85.
The all-new 2016 Fiat 500X provides plenty of opportunities for owners to customize the compact crossover, but an assist from Mopar is taking personalization possibilities to the “X-treme.” FCA US service, parts and customer-care brand will offer more than 100 Mopar accessories to personalize the latest addition to the FIAT lineup in North America.
The iconic Italian style, functionality, performance and all-wheel-drive confidence of the 2016 Fiat 500X can now be augmented with a healthy selection of production Mopar accessories ranging from a manufacturer’s suggested retail price (MSRP) of under $20 to $1,775.
“The addition of more than 100 Mopar accessories from which to choose provides customers unlimited potential for giving an even more distinct and unique personality to the all-new 2016 Fiat 500X,” said Pietro Gorlier, President and CEO — Mopar Brand Service, Parts and Customer Care, FCA.
Fiat Chrysler Automobiles N.V., an automotive group, designs, engineers, manufactures, distributes, and sells vehicles and components. It offers passenger cars, light trucks, and light commercial vehicles under the Abarth, Alfa Romeo, Chrysler, Dodge, Fiat, Fiat Professional, Jeep, Lancia, and Ram brand names, in addition to after-sales services and parts under the Mopar brand name.
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