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Tuesday 21 April 2015
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Stocks with Downward Movements: Sysorex Global Holdings (SYRX), Brocade Communications Systems, (BRCD), Horizon Pharma (HZNP), United Microelectronics (UMC)

On Tuesday, Sysorex Global Holdings Corp (NASDAQ:SYRX)’s shares declined -2.95% to $2.30, as Big data software solutions and infrastructure provider Sysorex, declared that its Lilien Systems partner, has once again been named to The Channel Corporation’s CRN® Tech Elite 250. This annual list recognizes an elite group of IT solution providers that have invested in the training and education needed to earn the most advanced technical certifications from leading vendors. This is the third time that Lilien Systems has been named to the Tech Elite list.

Sysorex Global Holdings Corp., through its auxiliaries, provides data analytics and location based solutions and services to commercial and government customers worldwide. It operates through four segments: IT Commercial, IT Government, eSolutions, and Location-Based Technology.

Brocade Communications Systems, Inc. (NASDAQ:BRCD)’s shares dropped -2.95% to $11.84, during the last trading session on Tuesday, as Brocade, declared that CoxHealth, one of U.S. News’ Best Regional Hospitals, has selected Brocade® networking equipment and services to provide its five hospitals and 83 clinics with a highly reliable IT network infrastructure that improves patient care — recently, and into the era of the New IP.

With the aim of shifting from a flat, unreliable Layer 2 network built on disparate vendor solutions, the Springfield, Missouri-based healthcare provider required a networking solution that could be deployed across the Wide Area Network (WAN). This meant a solution spanning from the core, aggregation, and edge layers all the way to the Storage Area Network (SAN) in the data center, with simplified administration throughout.

Brocade Communications Systems, Inc. provides storage area networking (SAN) and Internet protocol networking solutions for businesses and organizations worldwide. It operates through SAN Products, IP Networking Products, and Global Services segments.

At the end of Tuesday’s trade, Horizon Pharma PLC (NASDAQ:HZNP)‘s shares dipped -2.95% to $27.65, as Horizon Pharma, declared that it is offering to sell 12,000,000 of its ordinary shares in an underwritten public offering. Horizon Pharma plc also anticipates to grant the underwriters a 30-day option to purchase up to an additional 15 percent of the ordinary shares in the public offering.

Horizon Pharma plc, a specialty biopharmaceutical corporation, engages in identifying, developing, acquiring or in-licensing, and commercializing medicines for the treatment of arthritis, pain, inflammatory, and/or orphan diseases in the United States and internationally.

United Microelectronics Corp (ADR) (NYSE:UMC), ended its Tuesday’s trading session with -2.92% loss, and closed at $2.33, as United Microelectronics Corp, disclosed the availability of a complete set of low power consumption fundamental IPs developed for UMC’s 55nm Low Power (LP) embedded Flash process. These IPs are designed to simultaneously meet both low-power and high-density requirements to satisfy the demands of a broad range of applications including IoT (Internet of Things) and wearable products.

United Microelectronics Corporation provides semiconductor wafer foundry solutions. Its foundry solutions include silicon verification, libraries and IP, design verification, design for manufacturing, MM/RF foundry design kit and design support manual, and design flow reference, as well as mask services, such as mask inspection, IP protection and data preparation, and tape-out status tracking.

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