On Thursday, Teradata Corporation (NYSE:TDC)’s shares declined -2.90% to $28.12.
Teradata Corp. ( TDC) declared that it will release its 2015 third quarter financial results before the market opens on November 5, 2015. Teradata will host a conference call and live web broadcast at 8:30 a.m. ET the same day to talk about the results.
Teradata Corporation provides analytic data platforms, marketing and analytic applications, and related services in the United States and internationally. Its analytic data platforms comprise software, hardware, and related business consulting and support services for data warehousing and big data analytics.
Sony Corp (ADR) (NYSE:SNE)’s shares gained 0.90% to $24.72.
InterDigital, Inc. (IDCC) declared it is expanding the research scope of its Convida Wireless joint venture with Sony Corporation of America (SNE) to comprise 5G technologies. The company also declared that this agreement comprises a patent license from InterDigital.
Convida Wireless was launched in 2013 as a joint venture to combine Sony’s consumer electronics expertise with InterDigital’s pioneering Internet of Things (IoT) expertise to drive new research in IoT communications and other connectivity areas. With this agreement, Convida Wireless’ focus will also extend to key 5G technologies. Joining Sony and InterDigital as partners in Convida Wireless is Stephens Capital Partners LLC, the principal investing associate of Stephens Inc., a full service investment banking firm headquartered in Little Rock, Arkansas.
Sony Corporation designs, develops, manufactures, and sells electronic equipment, instruments, and devices for consumer, professional, and industrial markets worldwide. It offers LCD televisions; Blu-ray disc players and recorders, home audio, headphones, and memory-based portable audio devices; compact digital, interchangeable single-lens, and video cameras; professional solutions, such as broadcast- and professional-use products; and personal computers.
At the end of Thursday’s trade, Nordic American Tanker Ltd (NYSE:NAT)‘s shares surged 2.04% to $15.51.
Nordic American Tankers Limited (NAT) declared that it had reached a contract to acquire two 2010 built ships for delivery to NAT in September and October 2015. The first of these vessels was taken over recently and has been renamed “Nordic Light”.
The delivery of its sister ship is predictable to take place during October. Thereafter, the Company will have a fleet of 26 Suezmax vessels counting two newbuildings to be delivered in August 2016 and in early 2017.
Going forward, NAT is seeking to enhance its dividend and earnings capacity through further expansion when the time is right to do so. We believe that our strong balance sheet and our well defined and transparent operating model, counting quarterly dividend payments, give the Company a strong competitive position.
Nordic American Tankers Limited, a tanker company, engages in acquiring and chartering double-hull tankers. As of December 31, 2014, it owned 24 Suezmax crude oil tankers, counting two new buildings under construction.
Allegheny Technologies Incorporated (NYSE:ATI), ended its Thursday’s trading session with 1.62% gain, and closed at $14.41.
Allegheny Technologies Incorporated (ATI) declared that it has closed on the formerly declared Asset Based Lending (ABL) Revolving Credit Facility that replaces its $400 million revolving credit facility. The five-year $400 million ABL facility is collateralized by the accounts receivable and inventory of ATI’s domestic operations.
Contrast to ATI’s previous revolving credit facility, the ABL facility contains no leverage or interest coverage ratios, and the borrowing costs are predictable to be lower. There is no impact on ATI’s outstanding bonds as a result of replacing the previous facility with the ABL facility.
Allegheny Technologies Incorporated produces and sells specialty materials and components worldwide. The company operates through two segments, High Performance Materials and Components; and Flat-Rolled Products.
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