On Friday, Shares of Intel Corporation (NASDAQ:INTC), lost -1.45% to $31.84.
Declared at Computex, Intel® Unite™ offers businesses an easy and cost-effective way to transform existing conference rooms into modern, connected and secure meeting spaces to assist improve partnership and productivity. With a select Intel® Core™ vPro™ processor-powered mini PC in the conference room and the Intel Unite application running on devices, meeting participants can present wirelessly using new or existing displays and projectors, and both on-site and remote attendees can view and interact with content real time. The Intel Unite solution comprises capabilities that enhance security within the partnership session itself, counting the use of a unique rotating PIN design and the hardware-improved security of an Intel Core vPro processor.
Intel Corporation designs, manufactures, and sells integrated digital technology platforms worldwide. It operates through PC Client Group, Data Center Group, Internet of Things Group, Mobile and Communications Group, Software and Services, and All Other segments.
Shares of American Airlines Group Inc. (NASDAQ:AAL), declined -1.07% to $41.72, during its last trading session, as rallying oil prices sent airline stocks tumbling.
Airlines have gained as falling jet fuel prices over the past year have reduced overhead costs. Jet fuel prices in the U.S. declined about 43% during the first quarter of this year.
Brent crude oil for July was down 30 cents at $61.73 a barrel by 1315 GMT after earlier rising to a high of $62.83.
American Airlines Group Inc., through its auxiliaries, operates in the airline industry. As of December 31, 2014, the company operated 983 mainline jets, in addition to 566 regional aircrafts through regional airline auxiliaries and third-party regional carriers. It serves 339 destinations in 54 countries.
At the end of Friday’s trade, Shares of Cadence Design Systems Inc. (NASDAQ:CDNS), gained 1.29% to $20.39, hitting its highest level.
Cadence Design Systems, declared that it is collaborating with Imagination Technologies (IMG.L) to enhance RTL designer productivity and enable faster design convergence on Imagination graphics cores and other Imagination intellectual property (IP) using the Cadence® Genus™ Synthesis Solution. On the PowerVR GE7800 GPU, the Genus Synthesis Solution achieved a 5X improvement in turnaround time as compared to the previous Cadence synthesis solution with no impact on power, performance or area (PPA).
The Genus Synthesis Solution is able to synthesize a flat full graphics processor overnight, significantly improving design productivity by eliminating manual partitioning effort and avoiding poor timing optimization on cross-partition boundary paths. Synthesis runs are automatically distributed across multiple machines and CPUs, eliminating the need for manual design partitioning. This distributed processing comprises intelligent resource administration to ensure that no machine becomes a turnaround time bottleneck, thereby allowing turnaround times to scale linearly well beyond 10 million instances without any impact on PPA.
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.
Finally, Berry Plastics Group, Inc. (NYSE:BERY), ended its last trade with 0.97% gain, and closed at $33.23.
Berry Plastics Group, declared recently that Berry Plastics Corporation, Berry Group’s wholly owned partner, issued $700,000,000 in aggregate principal amount of 5.125 percent Second Priority Senior Secured Notes due 2023 following an indenture, dated as of June 5, 2015, by and among the Issuer, the guarantors named therein and U.S. Bank National Association, as trustee.
Under the terms of the tender offer, the Issuer and the trustee under the Indenture have reached a supplemental indenture that effects the Projected Amendments to the Indenture. The Projected Amendments eliminate substantially all of the material restrictive covenants, eliminate or modify certain events of default and eliminate or modify related provisions in the Indenture. The supplemental indenture became effective upon the Issuer’s acceptance of a majority in principal amount of the Notes for payment under the early acceptance terms in the Offer.
Berry Plastics Group, Inc. manufactures and distributes plastic consumer packaging and engineered materials in North America and internationally. The company operates through four segments: Rigid Open Top, Rigid Closed Top, Engineered Materials, and Flexible Packaging.
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