On Thursday, QuickLogic Corporation (NASDAQ:QUIK)’s shares inclined 32.17% to $1.52.
QuickLogic Corporation (NASDAQ: QUIK), the innovator of ultra-low power programmable sensor processing solutions, recently declared that it is partnering with voice and vision technology industry leader Sensory Inc. to deliver TrulyHandsfree™ software the world’s most advanced voice recognition solution, deeply embedded in its new EOS™ S3 sensor processing platform. The hardened system blocks comprised of in the EOS sensor processing SoC platform are designed to provide integrated voice trigger and command and control functionality at ultra-low power levels, enabling a vast array of voice-driven applications without the need for a connection to cloud services.
Integrated logic allows digital input from Pulse Density Modulation (PDM) in addition to Inter-IC Sound (I2S) microphones, and provides PDM to Pulse Code Modulation (PCM) conversion for processing with Sensory’s TrulyHandsfree software. Also hard coded is Sensory’s Low Power Sound Detector (LPSD) technology, which allows the speech recognizer to be suspended while an ultra-low power sound detector is running and listening for what could be speech.
QuickLogic Corporation, a fabless semiconductor company, develops and markets low power customizable semiconductor and software algorithm solutions for tablets, wearables, smartphones, and mobile enterprise markets. The companys customer specific standard products incorporate its ArcticLink III S, ArcticLink II and III VX and BX, ArcticLink, PolarPro 3, PolarPro II, PolarPro, and Eclipse II solution platforms, in addition to packaging, proven system blocks, custom logic, sensor software algorithms, software drivers, and architecture consulting. Its products comprise pASIC 3, QuickRAM, and QuickPCI.
Danaher Corporation (NYSE:DHR)’s shares gained 1.04% to $91.86.
Danaher Corporation (DHR) declared that its wholly-owned partner, DH Europe Finance S.A. (“Danaher International”), has priced an offering of:
€500 million principal amount of floating rate senior notes due 2017 at an offering price of 100.000% of the principal amount;
€600 million principal amount of 1.000% senior notes due 2019 at an offering price of 99.696% of the principal amount;
€800 million principal amount of 1.700% senior notes due 2022 at an offering price of 99.651% of the principal amount; and
€800 million principal amount of 2.500% senior notes due 2025 at an offering price of 99.878% of the principal amount.
Danaher anticipates to receive net proceeds, after estimated expenses and the underwriters’ discounts and commissions, of about €2.68 billion. Danaher anticipates using the net proceeds from the offering to pay a portion of the purchase price of the formerly declared acquisition of Pall Corporation and for general corporate purposes. The senior notes will be fully and unconditionally guaranteed on a senior unsecured basis by Danaher.
At the end of Thursday’s trade, Concho Resources Inc (NYSE:CXO)‘s shares surged 1.55% to $108.44.
Concho Resources Inc. (CXO) stated financial and operating results for the second quarter of 2015.
Highlights
- Production for the second quarter 2015 of 13.4 million Boe, or 147.4 MBoepd, was 37% higher year-over-year and exceeded the high end of the Company’s guidance.
- Crude oil production raised by 45% over the same quarter a year ago and by 11% over the first quarter of 2015.
- 2015 production growth target raised to 24% to 26%, with the capital expenditure outlook unchanged.
- Concho stated a net loss of $1.02 per diluted share for the second quarter of 2015. This compares to net income of $0.38 per diluted share for the quarter on an adjusted basis (non-GAAP).
- EBITDAX (non-GAAP) for the second quarter of 2015 was $457.8 million.
Concho Resources Inc., an independent oil and natural gas company, acquires, develops, and explores for oil and natural gas properties in the Unites States. The company’s principal operating areas are located in the Permian Basin of southeast New Mexico and West Texas. As of December 31, 2014, its total estimated proved reserves were 637.2 million barrel of oil equivalent. Concho Resources Inc. was founded in 2006 and is headquartered in Midland, Texas.
Eli Lilly and Co (NYSE:LLY), ended its Thursday’s trading session with -0.65% loss, and closed at $84.54.
Ally Financial Inc. (ALLY) has declared quarterly dividend payments for certain outstanding preferred stock. Each of these dividends were declared by the board of directors on July 22, 2015, and are payable on Aug. 17, 2015.
Ally Financial Inc. provides financial products and services primarily to automotive dealers and their customers in the United States. It offers dealer financial services, counting a range of financial services and insurance products to automotive dealers and retail customers.
DISCLAIMER:
This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.
All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.
Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.
Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified through the use of such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should might occur.
