On Friday, Integrated Device Technology Inc(NASDAQ:IDTI)’s shares declined -2.04% to $17.29.
Integrated Device Technology, Inc. (IDTI) declared its selection of foundry-segment leader TSMC as recipient of a Planned Partnership Award for its support of recent IDT product rollouts. IDT executives presented a plaque to TSMC North America leadership at IDT’s San Jose headquarters in a ceremony attended by executives from both companies.
Integrated Device Technology, Inc. designs, develops, manufactures, and markets a range of semiconductor solutions for the communications, computing, and consumer industries worldwide. It operates in two segments, Communications, and Computing and Consumer. The Communications segment offers communication timing products, such as clocks and timing solutions; flow-control administration devices comprising Serial RapidIO switching solutions; multi-port products; telecommunications products; static random access memory products; first in and first out memories; digital logic products; radio frequency products; and MEMS oscillator solutions .
Enterprise Products Partners L.P. (NYSE:EPD)’s shares dropped -2.81% to $27.34.
Enterprise Products Partners L.P. (“Enterprise”) (EPD) announced its financial results for the three and six months ended June 30, 2015.
Second Quarter 2015 Highlights
- Enterprise raised its cash distribution with respect to the second quarter of 2015 by 5.6 percent to $0.38 per unit contrast to the second quarter of 2014;
- Enterprise stated distributable cash flow of $988 million for the second quarter of 2015, which offered 1.3 times coverage of the $0.38 per unit cash distribution and resulted in $238 million of retained distributable cash flow; and
- Associates of privately held Enterprise Products Company (“EPCO”), which collectively own our general partner and about 34 percent of our outstanding limited partner interests, purchased $50 million of common units from Enterprise in May 2015 through the distribution reinvestment plan. Counting this purchase, EPCO associates have purchased $150 million of Enterprise common units in 2015.
Enterprise Products Partners L.P. provides midstream energy services to producers and consumers of natural gas, natural gas liquids (NGLs), crude oil, petrochemicals, and refined products in the United States and internationally. Its NGL Pipelines & Services segment provides natural gas processing and related NGL marketing services, in addition to import and export terminal services.
At the end of Friday’s trade, Teradata Corporation(NYSE:TDC)‘s shares surged 1.75% to $30.18.
Teradata Corporation (TDC), the leading analytic data solutions company, recently declared that its Board of Directors has authorized an additional $500 million for share repurchases, expiring August 20, 2018, under its general open market share repurchase program. The company now has total Board of Directors authorization of about $860 million when the new $500 million authorization is combined with the $360 million still remaining from the current outstanding authorization.
The stock is anticipated to be repurchased periodically on an ongoing basis in open market transactions at administration’s discretion, in accordance with applicable securities rules regarding issuer repurchases. Such repurchases by the company will be based on various factors counting price and market conditions, and will be funded through free cash flow, existing credit facilities and possible new debt arrangements that are being considered by the company. Additionally, repurchases may be made under Rule 10b5-1 of the Securities Exchange Act of 1934. A Rule 10b5-1 plan allows Teradata to repurchase its shares during periods when the company otherwise would be precluded from doing so.
Teradata Corporation provides analytic data platforms, marketing and analytic applications, and related services in the United States and internationally. Its analytic data platforms comprise software, hardware, and related business consulting and support services for data warehousing and big data analytics. The company’s products comprise Teradata Database Software that delivers near real-time intelligence; Teradata Workload-Specific Platforms; Teradata Aster Discovery Platform, which is pre-configured with Teradata Aster Database; Teradata Portfolio for Hadoop; and Teradata QueryGrid that provides access to analytics to various processing engines.
PPL Corp(NYSE:PPL), ended its Friday’s trading session with -1.39% loss, and closed at $32.90.
PPL Electric Utilities has added new features to its special website for contractors, electricians and inspectors, so they can spend more time on the job – and less time on the phone.
These customers can now use http://www.pplelectric.com/contractorservices to create and track work orders for service upgrades and for Fast Track projects — service work that non-PPL electricians perform, such as meter base replacements. The upgrade also allows electrical inspectors to submit inspection results online.
Contractors, electricians and builders can already use the site to create new and temporary service work orders, track their progress, and receive email status updates when and how it is convenient for them.
The site, in place since August 2014, also allows these transactions to be accomplished anytime through computers or mobile devices.
PPL Corporation, a utility company, delivers electricity and natural gas in the United States and the United Kingdom. It serves 321,000 natural gas and 397,000 electric customers in Louisville and 16 surrounding counties; and 543,000 customers in 77 Kentucky counties and 5 counties in Virginia. The company also provides electric delivery services to about 1.4 million customers in Pennsylvania; and operates electricity distribution network for the Midlands, South West, and Wales in the United Kingdom. In addition, it offers a range of customer-care and back-office services to competitive retail energy suppliers, counting customer enrollments; contract administration; electronic data exchange; simple and complex billing; and call center operations comprising telemarketing, payment processing, and collections of overdue accounts. PPL Corporation was founded in 1920 and is headquartered in Allentown, Pennsylvania.
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