On Friday, STMicroelectronics NV (ADR) (NYSE:STM)’s shares inclined 0.56% to $8.02.
Building on many years of close partnership and numerous joint research programs, STMicroelectronics (STM), a global semiconductor leader serving customers across the spectrum of electronics applications, and the French Institute of Materials, Microelectronics and Nanosciences in Provence (IM2NP - CNRS / Aix-Marseille University / University of Toulon / ISEN engineering school), member of the Carnot STAR (Science and Technology for Research Applications) Institute, have declared the official launch of a new joint research laboratory to develop the next generations of high-reliability, ultra-miniaturized electronic components.
The Radiation Effects and Electrical Reliability (REER) Joint Laboratory is a multi-site research establishment that will bring together teams from the IM2NP Institute, based in Marseille and Toulon, and specialist engineers from the ST facility in Crolles, near Grenoble.
STMicroelectronics N.V. designs, develops, manufactures, and markets various semiconductor integrated circuits and discrete devices worldwide. The company offers a range of semiconductor products, counting discrete and standard commodity components, application-specific integrated circuits, full-custom devices and semi-custom devices, micro-electro-mechanical systems, microcontrollers, sensors, digital consumer products, imaging products, memory products, media application processors, and application-specific standard products for analog, digital, and mixed-signal applications, in addition to silicon chips and smartcards.
WhiteWave Foods Co (NYSE:WWAV)’s shares dropped -0.59% to $50.28.
WhiteWave Foods Co (WWAV) a leading consumer packaged food and beverage company in North America and Europe, recently declared that it has agreed to acquire Vega, a pioneer and leader in plant-based nutrition products, for about US$550 million in cash.
Vega offers a broad range of market-leading plant-based nutrition products – primarily powdered shakes and snack bars – containing nutrient-dense, superfood ingredients. Vega’s products are all plant-based and provide a good source of protein, Omega 3s, fiber, vitamins, probiotics and antioxidants. Vega holds a strong market position in the plant-based nutrition category across Canada and the U.S., with a top-tier retail customer base and loyal consumer following ranging from general wellness-seekers to athletes. Based in Vancouver, British Columbia, Vega was founded in 2004 by President Charles Chang, and is presently majority owned by Mr. Chang and VMG Partners.
The WhiteWave Foods Company, a consumer packaged food and beverage company, manufactures, markets, distributes, and sells branded plant-based foods and beverages, salads, fruits and vegetables, coffee creamers and beverages, and dairy products and organic produce in North America and Europe. It operates in three segments: Americas Foods & Beverages, Americas Fresh Foods, and Europe Foods & Beverages.
At the end of Friday’s trade, XL Group plc (NYSE:XL)‘s shares dipped -0.48% to $38.06.
XL Group plc (XL) declared that it intends to release its Second Quarter 2015 results after the close of regular stock market trading hours on Monday, August 3, 2015. A conference call to talk about the Company’s results will be held at 10:00 a.m. Eastern Time on Tuesday, August 4, 2015.
XL GROUP Public Limited Company, an insurance and reinsurance company, provides property, casualty, and specialty products to industrial, commercial, and professional firms; and insurance companies and other enterprises worldwide. The company operates in two segments: Insurance and Reinsurance. The Insurance segment offers property, primary and excess casualty, environmental liability, excess and surplus lines, construction, and surety insurance products, in addition to property and casualty programs.
TE Connectivity Ltd (NYSE:TEL), ended its Friday’s trading session with -0.94% loss, and closed at $62.20.
TE Connectivity Ltd (TEL), a world leader in connectivity, will report fiscal year 2015 third quarter results before trading starts on July 22, 2015. The company will hold a conference call for investors at 8:30 a.m. EDT. The call can be accessed in the following ways:
TE Connectivity Ltd., together with its auxiliaries, designs and manufactures connectivity and sensors solutions. It operates through four segments: Transportation Solutions, Industrial Solutions, Network Solutions, and Consumer Solutions. The Transportation Solutions segment offers electronic components, counting terminals and connectors, relays, and sensors, in addition to application tooling, wire and heat shrink tubing, and other custom-engineered solutions for the automotive market, such as industrial and commercial vehicle, and hybrid and electric vehicle markets.
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