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Thursday 23 July 2015
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Pre-Market News Analysis on: Cadence Design Systems (NASDAQ:CDNS), FireEye (NASDAQ:FEYE), Goodyear Tire & Rubber (NASDAQ:GT), Cameron International (NYSE:CAM)

On Friday, Cadence Design Systems Inc(NASDAQ:CDNS)’s shares declined -0.01% to $19.54.

Cadence Design Systems Inc (CDNS) and Applied Materials, Inc. (AMAT) recently declared the companies are collaborating on a development program to optimize the chemical-mechanical planarization (CMP) process through silicon characterization and modeling for advanced-node designs at 14 nanometer (nm) and below. The program allows design teams to predict the impact of CMP on both functional yield and parametric yield, and for manufacturing teams to boost planarization performance, which is increasingly critical for advanced FinFET architectures.

The Cadence® and Applied Materials joint development program is focused on front end-of-line (FEOL) and wafer-level CMP modeling. Applied Materials can use the Cadence CMP Process Optimizer, a tool that allows silicon calibration of semi-physical models and optimization of CMP material and process parameters such as pressure, polish time and overall CMP uniformity, to enhance the precision performance of its Reflexion® LK Prime™ CMP system.

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.

FireEye Inc(NASDAQ:FEYE)’s shares dropped -0.48% to $48.07.

FireEye, Inc. (FEYE), the leader in stopping recently advanced cyber attacks, recently declared the keynote speakers and conference tracks of the 2015 FireEye Cyber Defense Summit. David DeWalt, chairman of the board and CEO, FireEye and Kevin Mandia, president, FireEye will join former U.S. Secretary of State Colin Powell as the event’s featured speakers.

The FireEye Cyber Defense Summit 2015 is the sixth edition of the leading event, formerly known as MIRcon™, for cyber security thought-leadership gleaned from the front lines. Designed to bring together business leaders and information security practitioners, the 2015 edition will feature an raised focus on lessons and best practices from international attendees.

FireEye, Inc., together with its auxiliaries, provides cybersecurity solutions for detecting, preventing, and resolving cyber-attacks. The company offers vector-specific appliance solutions that provide threat protection from network to endpoint for inbound and outbound network traffic that may contain sensitive information. Its threat prevention solutions comprise appliances covering the Web, email, endpoint, file, and mobile threat vectors.

At the end of Friday’s trade, Goodyear Tire & Rubber Co(NASDAQ:GT)‘s shares surged 0.36% to $30.50.

The Goodyear Tire & Rubber Company (GT) has reached a supply agreement with Yihai Food and Oil Industry in China for silica derived from rice husk ash. Goodyear will start using the silica this year in a consumer tire that will be manufactured in its factory in Pulandian, China, and sold in China.

Goodyear has tested silica derived from rice husk ash over the past two years at its Innovation Center in Akron and found its impact on tire performance to be equal to traditional sources.

Silica is used as a reinforcing agent in tire tread compounds. Contrast to carbon black, a traditional reinforcing agent for tires, silica reduces rolling resistance. Lower rolling resistance, in turn, improves a car’s fuel economy. It also can have a positive impact on a tire’s traction on wet surfaces.

The Goodyear Tire & Rubber Company develops, manufactures, distributes, and sells tires, and related products and services in North America, Europe, the Middle East, Africa, Latin America, and the Asia Pacific. The company offers various lines of rubber tires for automobiles, trucks, buses, aircraft, motorcycles, farm implements, earthmoving and mining equipment, industrial equipment, and various other applications under the Goodyear, Dunlop, Kelly, Debica, Sava, Fulda, and various other Goodyear owned house brands, in addition to under the private-label brands.

Cameron International Corporation (NYSE:CAM), ended its Friday’s trading session with -3.44% loss, and closed at $49.19.

Woodside Energy Ltd. and OneSubsea®, a Cameron (CAM) and Schlumberger (SLB) company, jointly declare that OneSubsea has been awarded a front-end engineering and design (FEED) contract for the projected Woodside-operated Browse FLNG Development offshore northwest Australia.

A dedicated team of OneSubsea experts, operating out of OneSubsea’s Perth city office, will now work collaboratively with Woodside to fully define and determine the optimal subsea production system design and equipment requirements for the Browse FLNG Development.

The contract will involve up to 20 locally employed people working on the subsea scope over the next 12 to 18 months as Woodside prepares for a final investment decision (FID).

Cameron International Corporation provides flow equipment products, systems, and services worldwide. The company’s Subsea segment offers integrated solutions, products, systems, and services to the subsea oil and gas market, counting integrated subsea production systems involving wellheads, subsea trees, manifolds and flowline connectors, and subsea processing systems. Its Surface segment provides onshore and offshore platform wellhead systems and processing solutions, counting valves, chokes, actuators, Christmas trees, and aftermarket services to oil and gas operators. This segment also offers rental equipment and artificial lift technologies; and products and services involving shale gas production. The company’s Drilling segment provides drilling equipment and aftermarket services.

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