On Tuesday, Norfolk Southern Corp. (NYSE:NSC)’s shares declined -0.21% to $85.92.
Norfolk Southern (NSC) in a ceremony at Washington, D.C.’s Union Station unveiled its latest commemorative locomotive, vibrant SD60E honoring emergency first responders. The locomotive – with insignia recognizing police, fire, and emergency services – will enter general revenue service on Norfolk Southern’s 22-state network.
he red, white, and gold locomotive – its paint scheme designed by NS’ Visual Communications team and painted at the company’s Juniata Locomotive Shop in Altoona, Pa. – features the Maltese Cross of fire services, the Emergency Medical Services’ “Star of Life,” and the Police shield. It also features the logo for Transportation Community Awareness and Emergency Response (TRANSCAER), a national outreach organization dedicated to providing education and resources to assist raise the level of emergency preparedness for the unlikely event of a rail incident. The locomotive sports “9-1-1,” the phone number to request emergency assistance, in addition to the Norfolk Southern OAR shield.
Norfolk Southern Corporation, together with its auxiliaries, engages in the rail transportation of raw materials, intermediate products, and finished goods. As of December 31, 2014, it operated about 20,000 miles of road in 22 states and the District of Columbia. The company also operates planned passenger trains; transports overseas freight through various Atlantic and Gulf Coast ports; and provides logistics services. In addition, it provides bimodal truckload transportation services primarily utilizing RoadRailer trailers, a hybrid technology that facilitates over-the-road and on-the-rail transportation in the eastern United States, in addition to in Ontario and Quebec through a network of terminals.
EnteroMedics Inc (NASDAQ:ETRM)’s shares dropped -7.97% to $0.336.
EnteroMedics Inc. (ETRM), a developer and manufacturer of devices that use neuroblocking technology to treat obesity, metabolic diseases, and other gastrointestinal disorders, recently declared the closing of its formerly declared public offering of 32,000,000 units (the “Offering”) generating net proceeds of about US$14.7 million, with each unit compriseing of one share of common stock and one Series A warrant to purchase one share of common stock at a purchase price of $0.50 per unit. Investors whose purchase of units in the offering would result in them beneficially owning more than the initial beneficial ownership limitation to be comprised of in the warrants following the consummation of the offering will have the opportunity to acquire units with Series C pre-funded warrants substituted for any common stock they would have otherwise attained over the initial beneficial ownership limitation, paying the same price of $0.50 per unit. The Series A warrants will be exercisable right away and will expire 42 months after their date of issuance at an exercise price of $0.60 per share. The pre-funded Series C warrants will be exercisable right away and will expire five years following issuance.
Canaccord Genuity acted as sole book-running manager and Craig-Hallum Capital Group acted as co-manager for the offering. Northland Securities and Roth Capital Partners served as financial advisors to the Company in connection with this transaction.
EnteroMedics Inc., a medical device company, focuses on the design and development of devices that use neuroblocking technology to treat obesity, metabolic diseases, and other gastrointestinal disorders. The company’s proprietary neuroblocking technology is designed to intermittently block the vagus nerve using electrical impulses. It develops the Maestro Rechargeable System, which is used to limit the expansion of the stomach, control hunger sensations between meals, reduce the frequency and intensity of stomach contractions, and produce a feeling of early and prolonged fullness.
At the end of Tuesday’s trade, EnteroMedics Inc (NASDAQ:ETRM)‘s shares dipped -7.97% to $0.336.
VMware, Inc. (VMW), a leader in cloud infrastructure and business mobility, recently declared financial results for the second quarter of 2015:
- GAAP total revenues for the second quarter were $1.52 billion, an enhance of 4% from the second quarter of 2014, or up 8% year-over-year in constant currency. GAAP revenues were reduced by the amount of a settlement with the Department of Justice (“DOJ”) and the General Service Administration (“GSA”) for $75.5 million, which was reached and paid in cash in Q2.
- Non-GAAP total revenues for the second quarter were $1.60 billion, an enhance of 10% from the second quarter of 2014, or up 13% year-over-year in constant currency.
- License revenues for the second quarter were $638 million, an enhance of 4% from the second quarter of 2014, or up 9% year-over-year in constant currency.
- GAAP net income for the second quarter was $172 million, or $0.40 per diluted share, up 5% per diluted share contrast to $167 million, or $0.38 per diluted share, for the second quarter of 2014. Non-GAAP net income for the quarter was $396 million, or $0.93 per diluted share, up 15% per diluted share contrast to $351 million, or $0.81 per diluted share, for the second quarter of 2014.
VMware, Inc. provides virtualization infrastructure solutions in the United States and internationally. The company’s virtualization infrastructure solutions comprise a suite of products designed to deliver a software-defined data center (SDDC), run on industry-standard desktop computers and servers, and support a range of operating system and application environments, in addition to networking and storage infrastructures. Its solutions enable organizations to aggregate multiple servers, storage infrastructure, and networks together into shared pools of capacity.
Western Digital Corp (NASDAQ:WDC), ended its Tuesday’s trading session with 0.40% gain loss, and closed at $78.69.
Western Digital® Corp. (WDC) declared that the company will release its financial results for the fourth fiscal quarter ended July 3, 2015 after the close of the market on Wednesday, July 29, 2015. The investment community conference call to talk about these results will be broadcast live over the Internet that day at 2 p.m. Pacific/5 p.m. Eastern. The live and archived conference call webcast can be accessed online at investor.wdc.com. The telephone replay number is 1-800-348-3536 in the U.S. or +1-203-369-3257 for international callers.
Western Digital Corporation, through its auxiliaries, develops, manufactures, and sells data storage solutions that enable consumers, businesses, governments, and other organizations to create, manage, experience, and preserve digital content. It provides hard disk drives (HDDs) and solid-state drives for desktop and notebook personal computers (PCs), and performance enterprise and capacity enterprise markets.
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