On Friday, Jabil Circuit, Inc. (NYSE:JBL)’s shares declined -0.51% to $19.49.
Jabil Circuit, Inc. (JBL), a global provider of design, engineering manufacturing and supply chain solutions, has signed a memorandum of understanding (MOU) with the management board of Saigon Hi-Tech Park in Vietnam. The agreement will allow the company to expand its current operation in the hi-tech park.
Vietnamese governmental officials joined the Saigon Hi-Tech Park management board and Senior Jabil management at Jabil’s new Blue Sky Center in San Jose, CA for the signing. The memorandum will allow for additional investments to expand Jabil’s existing operations in Vietnam. The new facility, slated for groundbreaking in 2017, will focus on high-volume production of computing, storage, networking, telecommunications, automotive, digital home, mobility, point of sale, printing, industrial and energy sectors.
Jabil Circuit, Inc., together with its auxiliaries, provides electronic manufacturing services and solutions worldwide. It offers electronics design, production, and product administration services to companies in the aerospace, automotive, computing, defense, digital home, energy, healthcare, industrial, instrumentation, lifestyles, mobility, mold, networking, packaging, peripherals, storage, telecommunications, and wearable technology industries.
Mobileye NV (NYSE:MBLY)’s shares dropped -0.45% to $60.39.
Mobileye N.V. (MBLY), the global leader in the design and development of camera-based Advanced Driver Assistance Systems, declared that it intends to release its financial results for the second quarter ended June 30, 2015 on Thursday, August 6, 2015 at about 6:00 a.m. EDT.
Mobileye N.V., together with its auxiliaries, designs and develops software and related technologies for camera-based advanced driver assistance systems primarily in Israel. It operates through two segments, Original Equipment Manufacturing and After Market. The company offers proprietary software algorithms and EyeQ chips that perform detailed interpretations of the visual field to anticipate possible collisions with other vehicles, pedestrians, cyclists, animals, debris, and other obstacles; and detect roadway markings, such as lanes, road boundaries, barriers, and related items, in addition to identify and read traffic signs and traffic lights.
At the end of Friday’s trade, Violin Memory Inc (NYSE:VMEM)‘s shares dipped -3.27% to $2.07.
Violin Memory®, Inc., (VMEM) a global pioneer of award-winning flash storage platform solutions for primary storage and active workloads, declared its All-Flash Array solutions were selected by arvato Systems, a global next generation IT systems integrator, focused on “Digital Transformation Solutions.” arvato Systems integrated Violin all-flash solutions to streamline the company’s storage and data centre infrastructure and enhance performance for business-critical applications, counting customer relationship administration (CRM) and supply chain administration (SCM).
Violin Memory, Inc. develops and supplies memory-based storage systems to bring storage performance in line with high-speed applications, servers, and networks worldwide. The company provides flash storage platforms and all flash arrays that integrate enterprise-class hardware and software technologies to address the limitations of hard disk drive-based and solid state drive-based storage solutions that use off-the-shelf components.
KBR, Inc. (NYSE:KBR), ended its Friday’s trading session with -1.65% loss, and closed at $17.28.
KBR and its wholly owned partner Granherne declared recently that they have signed a contract to form an alliance with Subsea 7 to deliver Concept and Front End Engineering and Design (FEED) services to the global offshore oil and gas industry.
The alliance is a co-operation agreement between the companies where Granherne will support Subsea 7 on concept and FEED studies and Subsea 7 will support Granherne with subsea engineering and technology. The alliance will operate on a global basis using the existing resources of these two market-leading companies.
KBR`s and Granherne`s expertise in field development planning, concept evaluation and FEED will complement Subsea 7`s subsea project administration and engineering experience and the application of technology and know-how to enable improved cost-benefit evaluation for clients. The alliance will be able to engage early with clients to provide them with the most cost-effective solutions during the important concept evaluation phase of a project.
KBR, Inc. operates as an engineering, construction, and services company worldwide. The company operates through three segments: Technology & Consulting, Engineering & Construction, and Government Services. The Technology & Consulting segment offers various services and solutions, counting licensing, engineering and design, proprietary equipment, plant automation, catalysts, and related consulting services to hydrocarbons, chemicals, and fertilizer markets.
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