Cadence Design Systems Inc (NASDAQ:CDNS)’s shares dropped -0.14% to $21.18.
Cadence Design Systems, Inc. (CDNS) declared that its Allegro® System-in-Package (SiP) and Physical Verification System (PVS) implementation technologies have been enabled for TSMC’s Integrated Fan-Out (InFO) packaging technology. By providing an integrated solution that automates the design-rule checking (DRC) flow, the Allegro SiP design tools and PVS enable TSMC customers to shorten the InFO design and verification cycle.
TSMC’s InFO advanced wafer-level packaging technology provides cost-effective system scaling to enhance system bandwidth, while decreasing power consumption and device form factors. Contrast to other methodologies, InFO is an ideal solution for mobile and Internet of Things (IoT) applications.
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.
At the end of Wednesday’s trade, Pitney Bowes Inc. (NYSE:PBI))‘s shares dipped -0.30% to $19.98.
Pitney Bowes (PBI), a global technology company that provides innovative products and solutions to power commerce, recently declared the results of the 2015 Holiday Shipping Survey. According to survey participants, most Americans plan to shop both in-stores (94 percent) and online (92 percent) this holiday season, with 94 percent of consumers planning to shop from a computer and 49 percent making purchases from a mobile device. Survey results show consumers want options (an array of choices and alternatives consumers may select to address shopping, shipping and returns preferences).
In fact, 93 percent of consumers find shipping options to be an important factor in their overall shopping experience (a 23 percent enhance from 2014). Overwhelmingly, 88 percent of those surveyed find free shipping with a 5-7 day delivery to be more attractive than paying a fee for a 1-2 day delivery.
Consumers are willing to do what it takes to meet the free shipping threshold, with three in five respondents stating they have raised their online spending in the past to qualify for free shipping. Alternatively, 68 percent of online shoppers have formerly used a promotional code or coupon to receive a shipping discount. Eighty percent say they’d also be more willing to purchase online if they had a promotional code or coupon. Additionally, 60 percent say they have raised their online spending in the past to qualify for free shipping.
Pitney Bowes Inc. provides technology products and solutions in the United States and internationally. The company operates through Small and Medium Business Solutions, Enterprise Business Solutions, and Digital Commerce Solutions segments. The Small and Medium Business Solutions segment is involved in the sale, rental, financing, and servicing of mailing equipment and supplies, software, and postage meters; and provides revolving credit and deposit solutions, and support services. The Enterprise Business Solutions segment offers equipment and services that enable large enterprises to process inbound and outbound mail.
CMS Energy Corporation (NYSE:CMS), ended its Wednesday’s trading session with 0.57% gain, and closed at $33.76.
The need for a Michigan-first energy plan to ensure reliability and protect customers is increasingly urgent in light of a new Michigan Agency for Energy report that 25 coal units in the state have or will shut down by 2020 due to age and current EPA regulations. The units comprise Consumers Energy’s 7 oldest coal plants which are shutting down by April 15, 2016.
However, he noted that Consumers Energy is not planning for the 800 megawatts (MW) of demand that is presently taking electric service from alternative electric suppliers. To put this in perspective, 800 MW is the size of a large power plant which would take about four to five years to site, permit and build. Under current Michigan law, some or all of these retail open access customers could return to the utility with as little as 60 days’ notice.
CMS Energy Corporation operates as an energy company primarily in Michigan, the United States. The company’s Electric Utility segment engages in the generation, purchase, distribution, and sale of electricity to residential, commercial, and various industrial customers in Michigan’s Lower Peninsula. It operates a network of coal, gas, hydroelectric, oil, and wind generation plants.
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.
