On Tuesday, Williams Companies Inc (NYSE:WMB)’s shares inclined 0.22% to $50.00.
Williams Partners L.P. (WPZ) stated second quarter 2015 adjusted EBITDA of $1.01 billion, a $291 million, or 41 percent, enhance from second quarter 2014.
The enhance in adjusted EBITDA for second quarter 2015 is due to enhances of $345 million from Access Midstream as a result of the merger, $119 million from the Atlantic-Gulf segment and $16 million from the Northeast G&P segment. Partially offsetting these enhances were a $135 million decrease at NGL & Petchem Services due primarily to the absence of $138 million of assumed business interruption proceeds related to the Geismar plant and a $55 million decrease in the West due to lower NGL margins.
The enhance in adjusted EBITDA in second quarter 2015 as described above by segment was driven by $537 million, or 72 percent, higher fee-based revenues and assumed minimum volume commitments contrast with second quarter 2014. Following the merger, the Access Midstream segment contributed $391 million and Atlantic-Gulf and Northeast G&P improved $104 million and $33 million, respectively. Not taking into account the Access Midstream merger, Williams Partners second-quarter 2015 fee-based revenue was up $130 million, or 17 percent. Geismar contributed about $50 million of olefins margins in second quarter 2015. Additionally, the proportional EBITDA from non-merged joint ventures raised $121 million for second quarter 2015 as compared to second quarter 2014, counting $92 million from the addition of Access Midstream’s joint ventures and $33 million in Atlantic-Gulf as Discovery’s Keathley Canyon Connector project ramped up.
The Williams Companies, Inc. operates as an energy infrastructure company primarily in the United States. The company operates in three segments: Williams Partners, Access Midstream, and Williams NGL & Petchem Services. It owns and operates natural gas pipeline system extending from Texas, Louisiana, Mississippi, and the offshore Gulf of Mexico through Alabama, Georgia, South Carolina, North Carolina, Virginia, Maryland, Delaware, Pennsylvania, and New Jersey to the New York City metropolitan area.
NXP Semiconductors NV (NASDAQ:NXPI)’s shares dropped -3.02% to $96.28.
NXP Semiconductors N.V. (NXPI), technology leader in the secure connected car and global market leader in in-vehicle networking, recently declared its new product portfolio for automotive Ethernet.
The portfolio builds on BroadR-ReachTM — an automotive standard defined by the OPEN Alliance industry group, with the aim to make consumer-level Ethernet capable of meeting the automotive industry’s stringent requirements. NXP is a founding member of OPEN Alliance and the first to offer a truly automotive portfolio compriseing of two product families, Ethernet transceivers (TJA1100) and Ethernet switches (SJA1105). Product samples are right away accessible, and Ethernet transceivers will start production in Q4 (Ethernet on nxp.com).
Ethernet is predictable to provide the network backbone for autonomous driving and connected vehicles, as it is capable of the high data bandwidth, communications speed, weight reduction, and cost efficiency that future connected cars require. NXP’s modular approach with switch and transceiver allows for flexible and cost efficient combinations, enabling automakers to build optimal solutions for a wide range of networking architectures — from entry-level cars to high-end luxury vehicles. This will also pave the way for new, distributed networking architectures (video) in the future.
NXP Semiconductors N.V., a semiconductor company, provides high performance mixed signal and standard product solutions for radio frequency (RF), analog, power administration, interface, security, and digital processing products worldwide. It provides in-vehicle networking, car passive keyless entry and immobilization, and car radio and audio amplifiers; car solid state lighting drivers; communication products that are related to assisted and autonomous driving; ICs for e-government, transportation, and access administration; RF power amplifiers, small signal RF discretes, and RF ICs for mobile, consumer electronics, and cable television infrastructure; AC-DC power conversion ICs for notebook personal computers; low power audio ICs; and microcontrollers.
At the end of Tuesday’s trade, Seagate Technology PLC (NASDAQ:STX)‘s shares dipped -0.25% to $51.01.
Seagate Technology plc (STX), a world leader in storage solutions, declared recently at the Flash Memory Summit conference the new Nytro® XF1440 2.5”, Nytro XM1440 M.2 non-volatile memory express (NVMe) Solid State Drives (SSDs) and the Nytro XP6500 Flash Accelerator Card. These products extend Seagate’s portfolio of flash-based solutions, which are designed to work in conjunction with Seagate storage products to meet nearly any data storage need.
For enterprise and cloud end users in addition to cloud original equipment manufacturers (OEMs) and system partners, these new products feature the highest level of reliability and endurance. The drives and the accelerator card are best suited for demanding enterprise applications, such as online transaction processing (OLTP), high frequency trading, high-performance computing (HPC), data warehousing, data mining and data analytics in addition to workloads with mixed IO sizes and multiple applications running simultaneously.
The Seagate Nytro XF1440 and XM1440 are industry-leading power efficient, high performance NVMe SSDs accessible in ultra-small (2.5” and M.2) form factors. Offering a balance of power and performance, these drives are engineered to enhance storage density, while reducing the storage footprint and power use in data centers.
Seagate Technology Public Limited Company designs, manufactures, and sells electronic data storage products in the Asia Pacific, the Americas, and EMEA countries. The company provides hard disk drives, solid state hybrid drives, and solid state drives that are designed for enterprise servers and storage systems in mission critical and nearline applications; for client compute applications comprising desktop and mobile computing; and for client non-compute applications, such as digital video recorders, personal data backup systems, portable external storage systems, and digital media systems.
Mastercard Inc (NYSE:MA), ended its Tuesday’s trading session with -0.90% loss, and closed at $97.20.
MasterCard declared that its 2015 Masters of Code™ global hackathon series will continue its search for the best coders in the world in San Francisco on August 22–23. San Francisco is the seventh stop on this intense, 12-city global hackathon tour to find the master artisans of our day: coders. Full event details, counting rules and registration, are accessible here.
Sponsored and hosted by MasterCard and organized by AngelHack, the Masters of Code series features regional weekend-long events that bring together the world’s top developers, designers and entrepreneurs to take on the APIs supplied by MasterCard. Using these APIs, teams look to create masterful prototypes that demonstrate artful coding and design skills, while also articulating clear business use cases.
MasterCard Incorporated, a technology company, provides transaction processing and other payment-related products and services in the United States and internationally. The company facilitates the processing of payment transactions, counting authorization, clearing, and settlement, in addition to delivers related products and services.
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