On Friday, Western Digital Corp (NASDAQ:WDC)’s shares declined -1.54% to $93.01.
Western Digital Corp (WDC) declared the first enterprise-class 10TB (terabyte) hard disk drive (HDD) for next-generation active archive applications. The host-managed Ultrastar Archive Ha10 SMR HDD sets a new standard in enabling the world’s densest server and storage systems with unprecedented TCO levels. This industry-defining product is the result of combining two complementary technologies – HGST’s second generation, field-proven HelioSeal platform and shingled magnetic recording (SMR) – to deliver unmatched storage density and power efficiency, without compromising reliability and performance predictability. With an industry-leading 10TB capacity, the Ultrastar Archive Ha10 gives customers a time-to-market capacity advantage for archival environments and applications where data is sequentially written and randomly read, such as social media, cloud storage, online backup, life sciences in addition to media and entertainment.
Ultrastar Archive Ha10 Addresses Data Growth, New Market Segmentation
HGST recognizes SMR as core technology necessary in driving areal density enhances. By overlapping or “shingling” the data tracks on top of each other, higher areal density can be achieved within the same physical footprint. Based on feedback from customers whose data center environments demand predictable performance and control of how data is handled, HGST has implemented a host-managed SMR solution. The sequential write behavior of host-managed SMR complements active archive workloads.
Recently, many hyperscale cloud providers are discovering that most of their active archive applications are already sequential, creating the ideal environment for SMR HDDs to thrive. The capacity enterprise HDD market is adapting to this shift, creating demand for purpose built drives, making the Ha10 an ideal solution due to its capacity, data integrity and desired predictable performance. Presently, HGST estimates that active archive/deep archive applications are generating 20-35 percent of the data being stored recently. Based on current customer data, HGST is projecting that this statistic will grow to more than 50 percent in the next five years.
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.
Prima Biomed Ltd. (NASDAQ:PBMD)’s shares dropped -4.85% to $1.96.
Prima Biomed Ltd. (PBMD) declared that it has received EUR 226,055 (about A$320,000) in a cash rebate from the French state under the Crédit d’Impôt Recherche scheme. The cash rebate was paid in respect of expenditure incurred by Prima’s wholly owned partner, Immutep on French R&D activities in the 2014 calendar year, related to the Company’s LAG-3 programs.
Prima is eligible to receive CIR credits because it has a laboratory at Châtenay-Malabry in southwestern Paris. The laboratory is a leading centre of immunology research in Europe. The Châtenay-Malabry facility is headed by Chief Scientific and Medical Officer Professor Frédéric Triebel. Prima inherited the laboratory with its December 2014 acquisition of the French company Immutep SA. It is presently working on new products in addition to development of the existing Prima pipeline, which comprises the lead compound IMP321 entering Phase IIb trial in metastatic breast cancer patients receiving first-line chemotherapy.
Prima BioMed Ltd. researches, develops, and commercializes medical biotechnology products in Australia. The company develops immunocellular therapeutic products for the treatment of cancer. Its lead product is CVac, an autologous dendritic cell-based product presently in clinical trials for ovarian and pancreatic cancer patients. Prima BioMed Ltd. is based in Sydney, Australia.
At the end of Friday’s trade, Hawaiian Holdings, Inc. (NASDAQ:HA)‘s shares surged 0.79% to $23.09.
Hawaiian Holdings, Inc. (HA) posted a decent rise in air traffic for the month of May, this year. Traffic – measured in revenue passenger miles (RPMs) – came in at 1.2 billion, up 5.3% from 1.14 billion recorded in the comparable month a year ago.
On a year-over-year basis, merged capacity (or accessible seat miles/ASMs) inched up 3.3% to stand at 1.5 billion. Moreover, the load factor or percentage of seats filled by passengers reduced to 80.5% from 79.1% in May 2014.
For the first five months of 2015, Hawaiian Airlines generated RPMs of 5.64 billion (up 4.5% from the corresponding period last year) and ASMs of 7.13 billion (up 4.4% year over year). Meanwhile, the load factor remained flat year over year at 79.1%.
Hawaiian Airlines is presently focusing on driving air traffic in June when most schools will close for the summer vacation. In line with this, the carrier plans to flag-off daily non-stop flights between Tokyo International Airport at Haneda (HND) and Kona International Airport (KOA) in the Island of Hawai’i this summer, subject to approval from the U.S. Department of Transportation (DOT).
Hawaiian Holdings, Inc., through its partner, Hawaiian Airlines, Inc., engages in the planned air transportation of passengers and cargo. It offers daily services on North America routes between the state of Hawaii and Los Angeles, Oakland, Sacramento, San Diego, San Francisco, and San Jose, California; Las Vegas, Nevada; Phoenix, Arizona; Portland, Oregon; and Seattle, Washington, in addition to daily services on its neighbor island routes among the four major islands of the state of Hawaii.
Deutsche Bank AG (USA) (NYSE:DB), ended its Friday’s trading session with -0.84% loss, and closed at $32.04.
Deutsche Bank AG (USA) (DB) seeks high current income with a secondary objective of capital appreciation. Bond investments are subject to interest-rate, credit, and liquidity and market risks to varying degrees. When interest rates rise, bond prices generally fall. Credit risk refers to the ability of an issuer to make timely payments of principal and interest. Floating rate loans tend to be rated below-investment-grade and may be more vulnerable to economic or business changes than issuers with investment-grade credit. Emerging markets tend to be more volatile than the markets of more mature economies, and generally have less diverse and less mature economic structures and less stable political systems than those of developed countries. Investing in foreign securities presents certain risks, such as currency fluctuations, political and economic changes, and market risks. Leverage results in additional risks and can magnify the effect of any gains or losses.
Deutsche Municipal Income Trust seeks to provide high current income exempt from federal income tax by investing in a diversified portfolio of investment-grade tax-exempt securities. Bond investments are subject to interest-rate, credit, and liquidity and market risks to varying degrees. When interest rates rise, bond prices generally fall. Credit risk refers to the ability of an issuer to make timely payments of principal and interest. Investing in derivatives entails special risks regarding liquidity, leverage and credit that may reduce returns and/or enhance volatility. Leverage results in additional risks and can magnify the effect of any gains or losses. Although the fund seeks income that is exempt from federal income taxes, a portion of the fund’s distributions may be subject to federal, state and local taxes, counting the alternative minimum tax.
Deutsche Bank Aktiengesellschaft provides investment, financial, and related products and services worldwide. Its Corporate Banking & Securities division engages in selling, trading, and structuring a range of fixed income, equity, equity-linked, foreign exchange, and commodities products. This division also provides mergers and acquisitions, equity and debt financing, and general corporate finance advice, in addition to various financial services to public sector.
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.
