On Friday, Shares of Vishay Intertechnology (NYSE:VSH), lost -0.33% to $12.24.
Vishay Intertechnology, Inc., introduced a new TrenchFET 20 V n-channel MOSFET in the chipscale MICRO FOOT 0.8 mm by 0.8 mm package with an ultra-thin 0.357 mm profile. Designed to save space, decrease power consumption, and extend battery usage in smartphones, tablets, wearable devices, solid-state drives, and portable medical devices such as hearing aids, the Vishay Siliconix Si8824EDB provides the industry’s lowest on-resistance for any 20 V device with a 1 mm square or < 0.7 mm square outline.
Optimized for use as a load switch, small-signal switch, and high-speed switch in power administration applications, the Si8824EDB features extremely low on-resistance of 75 mΩ at 4.5 V, 82 mΩ at 2.5 V, 90 mΩ at 1.8 V, 125 mΩ at 1.5 V, and 175 mΩ at 1.2 V. These ratings are up to 25 % lower than the closest competing 20 V MOSFET in an identical CSP package, and up to 65 % lower than the closest competing 20 V device in the DFN 1 mm by 0.6 mm package. The MOSFET’s 20 V VDS, ESD protection, ratings down to 1.2 V, and low on-resistance provide a combination of safety margin, gate drive design flexibility, and high performance for lithium-ion battery-powered applications.
Vishay Intertechnology, Inc. manufactures and supplies discrete semiconductors and passive components in the United States, Europe, and Asia. The company operates in five segments: MOSFETs, Diodes, Optoelectronic Components, Resistors & Inductors, and Capacitors.
Shares of New York REIT Inc (NYSE:NYRT), declined -0.76% to $10.42, during its last trading session.
First Winthrop Corporation, a private real estate administration and investment company whose executive administration team has served as external advisor to multiple real estate investment trusts, and The Witkoff Group released two letters formerly sent to the Board of Directors and Chief Executive Officer and President of New York REIT, Inc. (NYRT), outlining an offer to be engaged as NYRT’s external advisor.
Michael L. Ashner, the Chief Executive Office of First Winthrop Corporation stated, “We were hopeful that NYRT’s Board would engage us in conversation. Unfortunately, the response received from their counsel to our first letter stating ‘the Board has determined that pursuing the proposal outlined in the letter is not in the best interests of [NYRT] and its stockholders and is not interested in in further talk aboutions’, followed by a lack of response to our second letter necessitated the disclosure of our proposal to the public.”
New York REIT, Inc. focuses on acquiring commercial real estate, in addition to acquiring properties or making other real estate investments that relate to office, retail, multi-family residential, industrial, and hotel property types located primarily in New York City.
At the end of Friday’s trade, Shares of Orbitz Worldwide, Inc. (NYSE:OWW), lost -0.78% to $11.48.
On May 27, Orbitz Worldwide, declared that at its annual stockholders meeting recently in Chicago, stockholders approved the merger agreement providing for the acquisition of Orbitz Worldwide by Expedia, Inc. (EXPE). About 74 percent of the shares outstanding voted in favor of the transaction. More than 99 percent of the votes cast were in favor of the transaction.
Expedia, Inc. and Orbitz Worldwide declared their entry into the merger agreement on Feb. 12, 2015, whereby Expedia agreed to acquire all outstanding shares of Orbitz Worldwide at $12 per share. On March 25, the two companies declared that they had each received a request for additional information and documentary material from the U.S. Department of Justice (DOJ) as part of the agency’s regulatory review. The two companies continue to fully cooperate with the DOJ. The transaction also remains subject to additional customary closing conditions.
Orbitz Worldwide, Inc. operates as an online travel company worldwide. It uses technology that enables leisure and business travelers to research, plan, and book a range of travel products and services, counting hotels, flights, vacation packages, car rentals, rail tickets, cruises, travel insurance, destination, services and event tickets.
Finally, Shopify Inc (NYSE:SHOP), ended its last trade with -0.14% loss, and close at $35.50.
On June 2, Shopify Inc. launched a new offering with Pinterest that allows Shopify merchants to sell their products directly on Pinterest using Buyable Pins. Shopify partnered with Pinterest for the launch of Buyable Pins, and is the first commerce platform to offer Buyable Pins to small and medium sized businesses. Shopify’s 165,000 merchants can start using this sales channel recently.
Buyable Pins, declared by Pinterest earlier recently, are special types of Pins that comprise “Buy it” buttons. Clicking that button gives a shopper a simple and secure way to buy products right from the Pinterest iPhone or iPad app, using Apple Pay or their credit card. Apple Pay gives users an easy, secure, and private way to pay from their iPhone or iPad with a single touch.
To sell on Pinterest, Shopify merchants need to add the new Pinterest sales channel to their account. This will automatically enable Buyable Pins for all of their products found on Pinterest. Then, all Pinterest orders, products and customers will automatically be synchronized with Shopify, just like any other sales channel.
Shopify Inc. provides a cloud-based commerce platform for small and medium-sized businesses. Its platform provides merchants with a single view of their business and customers in various sales channels, counting Web, tablet and mobile storefronts, social media storefronts, and brick-and-mortar and pop-up shops; and enables them to manage products and inventory, process orders and payments, build customer relationships, and leverage analytics and reporting.
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