On Friday, GigOptix Inc(NYSEMKT:GIG)’s shares declined -23.26% to $1.65.
GigOptix, Inc. (GIG), a leading supplier of advanced semiconductor communications components for use in Cloud connectivity, data centers, and high-speed optical and wireless netoperates, recently declared the pricing of its underwritten public offering of an aggregate of 9,218,000 newly issued shares of common stock at a price of $1.70 per share. The Company anticipates to receive gross proceeds of $15.67 million, before deducting underwriting discounts and other estimated offering expenses. The underwriters have also been granted a 30-day option to purchase up to 1,425,000 shares of common stock to cover over-allotments, if any. The net proceeds to the Company from the offering of its shares are predictable to be about $14.73 million after deduction of underwriting discounts and assuming no exercise of the underwriters’ over-allotment option. In addition, certain officers and directors as selling stockholders sold 282,000 shares of formerly issued shares of common stock in the underwritten public offering at a price of $1.70 per share. The Company is receiving none of the proceeds from the sale of shares by the selling stockholders. Subject to customary conditions, the offering is predictable to close on August 26, 2015.
GigOptix, Inc. operates as a fabless supplier of semiconductor components that enable end-to-end information streaming over optical and wireless netoperates. Its high-speed communications product line offers a portfolio of high performance optical and wireless components, such as mixed signal radio frequency integrated circuits; laser and optical drivers, and trans-impedance amplifiers for telecom, datacom, and consumer electronic fiber-optic applications; power amplifiers and transceivers for millimeter monolithic microwave integrated circuits wireless applications; integrated systems in a package solutions for fiber-optic and wireless applications; and radio frequency chips for various consumer applications, counting global navigation satellite systems.
Windstream Holdings, Inc. (NASDAQ:WIN)’s shares no change to $6.69.
Windstream (WIN), a leading provider of advanced network and cloud communications, recently declared the availability of its Fixed Wireless solution in Philadelphia, Pa., providing a high-speed access alternative to businesses looking for even more robust network connectivity.
Windstream’s Fixed Wireless is a technology solution for carrier-grade Ethernet and Internet-over-Ethernet connectivity delivered by digital microwave technology, and is presently offered in Chicago, Ill., New York, N.Y., Northern New Jersey, N.J., Milwaukee, Wis., and Boston, Mass.
Windstream Holdings, Inc. provides communications and technology solutions in the United States. It offers managed services and cloud computing services to businesses, in addition to broadband, voice, and video services to consumers primarily in rural markets. The company’s primary business service offerings comprise integrated voice and data services, multi-site networking, data center services, managed services, high-speed Internet, and voice services.
At the end of Friday’s trade, Fastenal Company (NASDAQ:FAST)‘s shares dipped -0.51% to $39.18.
The Fastenal Company (the “Company”) of Winona, MN (FAST) stated its board of directors declared a dividend of $0.28 per share to be paid in cash on August 25, 2015 to shareholders of record at the close of business on July 28, 2015.
Fastenal began paying annual dividends in 1991, semi-annual dividends in 2003, and then expanded to quarterly dividends in 2011. Our board of directors intends to continue paying quarterly dividends, offered that any future determination as to payment of dividends will depend upon the financial condition and results of operations of the Company and such other factors as are deemed relevant by the board of directors, such as income tax rates related to dividends.
Fastenal sells different types of industrial and construction supplies in the following product categories: threaded fasteners and miscellaneous supplies; tools; metal cutting tool blades and abrasives; fluid transfer components and accessories for hydraulic and pneumatic power; material handling; storage and packaging products; janitorial, chemical and paint products; electrical supplies; welding supplies; safety supplies; metals, alloys and materials; and office supplies.
TASER International, Inc. (NASDAQ:TASR), ended its Friday’s trading session with -1.89% loss, and closed at $21.29.
TASER International (TASR) recently declared it is now offering its leading Axon body camera and Canadian based digital evidence administration solution to police agencies across Canada. The declarement comprises the incorporation of Axon Public Safety Canada Inc. as a wholly owned partner of TASER International, Inc. The company is now active and poised to function as TASER’s primary contracting and hiring entity in Canada for its Axon solution going forward.
TASER, which is attending the annual conference of the Canadian Association of Chiefs of Police (CACP) next week, has been steadfast in its commitment to changing the face of public safety technology since the introduction of its iconic TASER device more than 20 years ago, and it maintains that commitment with its leading Axon body cameras and digital evidence administration solution that interact seamlessly across agency workflows for a cost effective solution for building safer communities.
TASER International, Inc. develops, manufactures, and sells conducted electrical weapons (CEWs) worldwide. It operates through two segments, TASER Weapons and AXON. The company’s CEW products transmit electrical pulses along the wires and into the body affecting the sensory and motor functions of the peripheral nervous system. It offers three hand-held CEW product lines, counting TASER X26P and TASER X2, which integrates with EVIDENCE.com; and TASER X26.
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