On Monday, Shares of General Electric Company (NYSE:GE), lost -0.18% to $27.24.
Avnet Electronics Marketing Americas, a business region of Avnet, Inc. (NYSE: AVT), was recently named 2015 Distributor of the Year by GE’s Critical Power business. The award recognizes Avnet’s exceptional demand creation and technical support activities on behalf of GE’s Critical Power business and its customers.
“GE’s components and modules are a great fit for customers serving markets, counting telecom and data centers, who require high-reliability, high-efficiency embedded power,” said Ed Smith, president, Avnet Electronics Marketing Americas. “Avnet is honored to be recognized by GE and we look forward to even greater success as we work together to assist power design engineers differentiate their designs with industry-leading embedded power administration capability.”
“Avnet Electronics has distinguished itself as a demand creation distributor for GE in the power arena. It has led GE’s channel in both design activity and orders for the past several years,” said Ed Wiest, embedded power channel sales director, GE’s Critical Power business. “We recognize and appreciate their contribution to GE’s success in the embedded power space with the 2015 Distributor of the Year award, which commemorates Avnet’s contributions during this time.”
General Electric Company (GE) operates as an infrastructure and financial services company worldwide. The company’s Power and Water segment offers gas, steam and aeroderivative turbines, nuclear reactors, generators, combined cycle systems, controls, and related services; wind turbines; and water treatment services and equipment.
Shares of Twitter, Inc. (NYSE:TWTR), declined -1.46% to $36.46, during its last trading session, as use of the social media platform among investment professionals has stalled, according to Brunswick Group’s 2015 global investor media survey, The Wall Street Journal reports.
The survey, which shows the growing importance and use of digital and social media by financial professionals in making an investment decision, showed that there was no growth in use of Twitter among financial professionals in the past three years. For the third successive year, 28% of the investment professionals surveyed used Twitter, the Journal noted.
Additionally, 13% used the site to “launch the construction of an investment decision,” which is down from 14% last year.
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.
At the end of Monday’s trade, Shares of ON Semiconductor Corp. (NASDAQ:ON), lost -3.48% to $12.48.
ON Semiconductor, declared the pricing of its formerly declared private offering of $600 million aggregate principal amount of 1.00% Convertible Senior Notes due 2020. The notes were offered only to qualified institutional buyers in accordance with Rule 144A under the Securities Act of 1933, as amended. ON Semiconductor has granted to the initial purchasers of the notes a 30-day option to purchase up to an additional $90 million aggregate principal amount of notes. The offering was predictable to close on June 8, 2015, subject to customary closing conditions.
The notes will be ON Semiconductor’s senior unsecured obligations and guaranteed by certain of its auxiliaries. The notes will bear interest at a rate of 1.00% per year, payable semiannually in arrears on June 1 and December 1 of each year, starting on December 1, 2015. The notes will mature on December 1, 2020.
ON Semiconductor Corporation manufactures and sells semiconductor components for various electronic devices worldwide. It operates in four segments: Application Products Group, Image Sensor Group, Standard Products Group, and System Solutions Group.
Finally, Visa Inc. (NYSE:V), ended its last trade with -1.01% decline, and closed at $67.68.
On June 4, Visa, and Williams-Sonoma declared that Visa Checkout, the online check out service that Visa launched less than a year ago, is now live online at Williams-Sonoma, America’s leader in high-quality cookware and tools, electrics and entertaining essentials. With Visa Checkout, Williams-Sonoma customers now have a fast, easy and secure way to pay online.
To provide inspiration as the summer cooking season gets underway, Williams-Sonoma and Visa Checkout have launched a four-part video series called “Time to Savor Summer.” The videos will use a new technology from YouTube that makes them “shoppable” - allowing viewers to buy showcased products quickly and easily by clicking directly from the video. Visa Checkout, with Williams-Sonoma, will be one of the first brands to use this YouTube technology to make a video shoppable. The videos were created in partnership with Tastemade, a global food lifestyle network for digital platforms, and hand-selected influencers who will offer tips and must-have products for hosting the ultimate summer parties.
Visa Inc., a payments technology company, operates as a retail electronic payments network worldwide. The company facilitates commerce through the transfer of value and information among financial institutions, merchants, consumers, businesses, and government entities.
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