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Wednesday 24 June 2015
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Noticeable Stocks News Update: Northrop Grumman Corporation (NYSE:NOC), Fluor Corporation (NEW) (NYSE:FLR), InterCloud Systems Inc (NASDAQ:ICLD), Microchip Technology Inc. (NASDAQ:MCHP)

On Tuesday, Shares of Northrop Grumman Corporation (NYSE:NOC), lost 0.26% to $160.35.

Changing, integrating or upgrading sensors on a military aircraft can be an expensive, time-consuming and complex endeavor. Northrop Grumman Corporation’s new OpenPod sensor system, unveiled at the National Press Club in Washington, D.C., overcomes these challenges by making it possible for maintainers to swap sensors in theater.

The OpenPod system comprises of line-replaceable units and a set of interchangeable sensors that can be swapped out in minutes. Enabled by open architecture principles, OpenPod is the first of its kind to accommodate a range of sensors with one pod.

Northrop Grumman Corporation, a security company, provides systems, products, and solutions in aerospace, electronics, information systems, and technical service areas to government and commercial customers worldwide.

Shares of Fluor Corporation (NEW) (NYSE:FLR), inclined 1.03% to $ 57.08, during its last trading session.

Fluor Corporation, declared that it was awarded a 4-year design-build contract by the Central Texas Regional Mobility Authority to provide design and construction services valued at $581 million for the Bergstrom Expressway Project located in Austin, Texas. The Fluor-led joint venture, Colorado River Constructors, a partnership with Balfour Beatty Infrastructure, will design and reconstruct about 8 miles of U.S. Highway 183 from U.S. Highway 290 in Austin, to State Highway 71 near the Austin Bergstrom International Airport. Fluor will book the contract value in the second quarter of 2015. The project is predictable to break ground in 2016 with construction set to continue into 2020.

The Bergstrom Expressway Project will add capacity to one of Austin’s most important arterial roadways which serves more than 60,000 vehicles a day. The project scope of work comprises the design and construction of six tolled lanes located in the median of U.S. 183, upgrades to the general purpose lanes, five grade-separated interchanges, four new bridges, two new direct connect flyover ramps and the installation of intelligent traffic administration systems. Improvements and upgrades to major interchanges along the corridor such as bike and pedestrian sidewalks with shared-use paths are also comprised of.

Fluor Corporation, through its auxiliaries, provides engineering, procurement, construction, fabrication and modularization, commissioning and maintenance, and project administration services worldwide.

At the end of Tuesday’s trade, Shares of InterCloud Systems Inc (NASDAQ:ICLD), lost -4.69% to $2.64.

InterCloud Systems, a leading provider of cloud networking orchestration and automation solutions and services declares the launching of a new cloud service; “SDN/NFV Proof of Concept (POC)-as-a-service or POCaaS”

With the emergence of software defined networks (and network functions virtualization it is critical for enterprise and carriers to test and validate these new technologies before rolling them out in production environments. OpenStack and Software Defined Networks have created a major paradigm shift to the existing IT architectural models. The concept of overlay networking, service chaining, automation and open orchestration for virtualized compute, network and storage resources is extremely complex and needs to be thoroughly tested and managed in a lab environment by qualified engineers. The need for testing SDN and NFV in a lab environment also creates an issue for our customers around limited human resources, budgets and timelines to deliver new IT initiatives and POCaaS from InterCloud solves these issues.

InterCloud Systems, Inc. provides end-to-end IT and network solutions to the telecommunications service provider and corporate enterprise markets through cloud platforms and professional services in the United States and internationally.

Finally, Microchip Technology Inc. (NASDAQ:MCHP), ended its last trade with -1.64% loss, and close at $ 48.28.

Microchip Technology, has declared from Computex Taipei the first USB 3.0 Smart Hub that enable host and device port swapping, I/O bridging, and various other serial communication interfaces. The USB5734 and USB5744 feature an integrated microcontroller, that enables new functionality for USB hubs while lowering overall BOM costs and reducing software complexity. The USB5734/44 family is USB-IF logo certified (TID 330000058) and features best-in-class signal integrity enabling more robust PCB designs and reducing sensitivities to cable, connector and layout variations.

A Smart Hub is a USB hub that integrates system-level functions typically associated with a separate MCU or processor. Microchip’s new USB 3.0 Smart hubs enable the upstream host controller to communicate to numerous types of external peripherals beyond the USB connection through direct bridging from USB to I2C, SPI, UART and GPIO interfaces. This integrated functionality can greatly reduce the complexity of system design by eliminating the need for additional external microcontroller, while providing improved control from the USB host hardware.

Microchip Technology Incorporated develops, manufactures, and sells semiconductor products for various embedded control applications. The company offers microcontrollers, such as 8-bit, 16-bit, and 32-bit microcontrollers under the PIC brand name; and 16-bit dsPIC digital signal controllers, in addition to provides microcontrollers for automotive networking, computing, lighting, power supplies, wireless communication, and wireless audio applications.

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