Pre-Market News Report on: Flextronics International (NASDAQ:FLEX), Hecla Mining Company (NYSE:HL), Symantec (NASDAQ:SYMC), Pandora Media (NYSE:P)

Pre-Market News Report on: Flextronics International (NASDAQ:FLEX), Hecla Mining Company (NYSE:HL), Symantec (NASDAQ:SYMC), Pandora Media (NYSE:P)

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On Thursday, Flextronics International Ltd. (NASDAQ:FLEX)’s shares inclined 0.04% to $12.06.

Flextronics (FLEX) declared that its Chennai facility in Sriperumbudur has been granted the Domestic Tariff Area (DTA) status which will allow the company to ship finished products locally. Flextronics has been operating in Chennai since 2005 at the SIPCOT Special Economic Zone (SEZ). By having both DTA and SEZ status, Flextronics is able to produce and deliver products for both domestic and export markets, with zero customs duty.

Flextronics Chennai provides complete supply chain services for diverse products that enable intelligence in everything from computer and communications equipment to energy, food testing equipment and mobile devices, from sketch to scale. Beyond manufacturing, Flextronics also provides centralized processing activities for its global operations from its offices in Chennai and Pune, which comprise a workforce of more than 5000 employees.

Flextronics International Ltd. provides design, manufacturing, and supply chain services and solutions to original equipment manufacturers worldwide. The company offers innovation services, such as innovations labs for supporting customer design and product development services from early concept stages; collective innovation platform, an ecosystem of technology solutions; Lab IX startup accelerator program; centers of excellence solutions in critical areas; interconnect technology center for printed circuits; and CloudLabs that enables customers to accelerate a spectrum of cloud, converged infrastructure, and datacenter strategies.

Hecla Mining Company (NYSE:HL)’s shares gained 2.36% to $3.03.

Hecla Mining Company (HL) declared that its acquisition of Revett Mining Company, Inc. (Revett) is now complete. The acquisition brings to Hecla the Rock Creek Project, considered to be one of the largest undeveloped silver and copper deposits in North America. Hecla intends to continue to advance its permitting.

Hecla Mining Company, together with its auxiliaries, discovers, acquires, develops, produces, and markets precious and base metal deposits worldwide. The company offers unrefined gold and silver bullion bars to precious metals traders; and lead, zinc, and bulk concentrates to custom smelters and brokers. It owns 100% interests in the Greens Creek mine located on Admiralty Island in Southeast Alaska; the Lucky Friday unit located in the Coeur d’Alene mining district in northern Idaho; and the Casa Berardi mine located in the Abitibi region of north-western Quebec, Canada. The company was founded in 1891 and is based in Coeur d’Alene, Idaho.

At the end of Thursday’s trade, Symantec Corporation (NASDAQ:SYMC)‘s shares surged 1.49% to $24.46.

Symantec Corporation (SYMC) rolled out an improved version of the cloud-based security service product – Data Loss Prevention (DLP) 14. This product promises total security with regard to information storage, ruling out the possibilities of data loss or breach.

The new DLP 14 integrates Microsoft’s MSFT Office 365 and Azure, targeting organizations that utilize it for cloud-based email storage. Simultaneously, Symantec reached a planned partnership with Box, a cloud storage provider. The partnership aims to develop a product combining DLP 14 with the Box platform to provide greater visibility and control over a company’s data. Meanwhile, we strongly believe that this innovative product and solution will assist Symantec win customers, thereby increasing business volume.

The growing security threats and hacking attacks over the past year or so have revealed the increasing sophistication of the hackers and innovative hacking techniques. In order to cater to the growing demand for security solutions, the company has launched the DPL 14 service, which will considerably strengthen its attack prevention solutions. DLP 14 assists customers to assess the level of vulnerability, detect threats and mitigate intellectual property theft. Through this launch, Symantec will significantly expand its information protection portfolio, thereby meeting the growing business needs.

Pandora Media Inc (NYSE:P), ended its Thursday’s trading session with 1.44% gain, and closed at $16.89.

Pandora Media Inc (P) declared that its display inventory is now accessible for programmatic buying across smartphones and tablets. Pandora’s new programmatic solution supplements its desktop offering to deliver viewable inventory, qualified data and a robust, engaged audience at scale across devices.

Pandora’s mobile programmatic solution gives media buyers the opportunity to:

  • Reach nearly 80 million active listeners, 80 percent of whom are tuning in via mobile devices.
  • Efficiently bid on premium display inventory through private marketplace and preferred deals.
  • Leverage Pandora’s registration data, proprietary targeting segments, advertising IDs and / or the advertiser’s own dataset to effectively reach their target audience.

Pandora’s mobile programmatic solution was released in beta in March of 2015 and has been leveraged by brands such as Ford and agencies counting Essence.

Pandora Media, Inc. provides Internet radio services in the United States. The company allows listeners to create up to 100 personalized stations to access free music and comedy catalogs, in addition to offers Pandora One, a paid subscription service to listeners. It also sells audio, display, and video advertising to advertisers for delivery on computer, mobile, and other connected device platforms. As of December 31, 2014, the company had about 250 million registered users; and 81.5 million active users. Pandora Media, Inc. was founded in 2000 and is headquartered in Oakland, California.

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