On Thursday, Shares of Twitter, Inc. (NYSE:TWTR), lost -0.78% to $36.71.
Twitter Inc designated Robert Kaiden, 48, as chief accounting officer.
Gordon Lee, the interim chief accounting officer, will continue to work as controller at the microblogging company. Reuters Reports.
Kaiden, who has worked at Deloitte & Touche LLP for about 14 years, will receive gross salary of $350,000 at an annualized rate at Twitter. Reuters added.
Twitter, Inc. operates as a global platform for public self-expression and conversation in real time. It offers various products and services for users, counting Twitter that allows users to create, distribute, and discover content; and Vine and video, a mobile application that enables users to create and distribute short looping videos.
Shares of SeaDrill Limited (NYSE:SDRL), declined -0.81% to $12.24, during its last trading session, as Oil prices slipped on Thursday ahead of a key OPEC meeting to decide production policy at a time of huge global oversupply.
The Organization of the Petroleum Exporting Countries is predictable on Friday to keep a group output target of 30 million barrels per day (bpd), a ceiling it has been surpassing for most of the last two years, weakening prices.
The cartel is now pumping about 2 million bpd more than needed, analyst say, feeding a glut that has left millions of barrels stored on tankers without a buyer and kept prices at close to half their peak levels last year.
Brent for July LCOc1 was down 55 cents at $63.25 a barrel by 0810 GMT. U.S. crude futures CLc1 were 45 cents lower at $59.19.
Seadrill Limited, an offshore drilling contractor, provides offshore drilling services to the oil and gas industry worldwide. The company operates through Floaters and Jack-up Rigs segments. The Floaters segment provides drilling, completion, and maintenance services for offshore exploration and production wells. Its drilling contracts regarding semi-submersible rigs and drillships for harsh and benign environments in mid, deep, and ultra-deep waters.
At the end of Thursday’s trade, Shares of Flextronics International Ltd. (NASDAQ:FLEX), lost -0.66% to $12.08.
Flextronics International, declared that it has priced its offering of $600 million aggregate principal amount of 4.750% Notes due 2025. The Notes will be issued at a price equal to 99.213% of their face value. The Notes will mature on June 15, 2025, unless repurchased or redeemed in accordance with their terms preceding to such date. The sale of the Notes is predictable to close on June 8, 2015, subject to customary closing conditions.
Flextronics intends to use the net proceeds from the offering for general corporate purposes.
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.
Finally, Cadence Design Systems Inc. (NASDAQ:CDNS), ended its last trade with -0.47% surge, and closed at $20.13.
Cadence Design Systems, declared that its implementation and signoff tools have achieved certification on the Intel® 14nm process for customers of Intel Custom Foundry. Intel Custom Foundry utilized a PowerVR Series6 GPU from Imagination Technologies as part of the certification process.
The tool certification and enablement provides Intel Custom Foundry customers with a complete and integrated system-on-chip (SoC) design flow. Cadence® tools in the flow comprise:
- Innovus™ Implementation System: This next-generation physical implementation solution enables SoC developers to deliver designs for Intel’s advanced second generation of tri-gate technology.
- Quantus™ QRC Extraction Solution: This tool uses a single Intel Custom Foundry-certified techfile and delivers a faster, scalable solution by supporting both cell-level and transistor-level extractions during design implementation and signoff with best-in-class accuracy as compared to foundry golden.
- Tempus™ Timing Signoff Solution: This tool provides full-chip static timing analysis (STA) with gate-level delay calculation counting signal integrity (SI) analysis, advanced on-chip variation analysis, advanced-node functionality required for double-patterning and waveform effects, and optimization for timing and leakage power.
- Physical Verification System: This full-chip system provides multi-patterning decomposition (MPT), design rule checks (DRC), layout as compared to schematic (LVS), design for manufacturing (DFM) metal fill, electrical rule checks (ERC), and high-capacity chip-finishing that integrates with the Virtuoso® custom IC platform and Innovus Implementation System to significantly reduce iterations and achieve faster physical signoff.
Cadence Design Systems, Inc. develops, sells, leases, and licenses electronic design automation (EDA) software, emulation and prototyping hardware, verification intellectual property (VIP), and design intellectual property (design IP) for semiconductor and electronics systems industries worldwide.
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