On Tuesday, Shares of MannKind Corp. (NASDAQ:MNKD), gained 9.09% to $4.80, after MannKind Corp., the Valencia maker of inhaled insulin that had been battered on Wall Street this year, is finally getting some good news.
The company’s stock has soared since an analyst released a report that offered a bright outlook for its inhaled insulin drug Afrezza. Los Angeles Times Reports.
MannKind Corporation, a biopharmaceutical company, focuses on the discovery, development, and commercialization of therapeutic products for diabetes in the United States.
Shares of Skyworks Solutions Inc. (NASDAQ:SWKS), inclined 0.93% to $103.99, during its last trading session, hitting its highest level.
Skyworks Solutions, introduced its next generation solutions for smart energy and industrial, scientific and medical markets. Skyworks’ newest devices are high performance front-end modules (FEMs) that incorporate a complete transmit/receive chain with associated switching, filtering and logic. Given their high output power and power added efficiency (PAE), this new family of FEMs is ideal for utility infrastructure platforms such as smart meters, which are battery powered and require fast on/off transitions.
Smart meters are digital meters that send energy usage information from the customer site to a utility company via radio frequency. These newer digital electronic devices are capable of tracking and recording a customer’s energy usage in addition to communicating with the energy supplier. Smart meters assist to reduce meter reading and connection costs in addition to inefficiencies in operations and billing.
According to a Business Intelligence (BI) report, smart meters have become one of the leading Internet of Things (IoT) devices and will account for 10 percent of IoT shipments this year. Globally, BI anticipates the number of smart meters to grow from an installed base of 454 million in 2015 to 930 million by 2020, representing a five-year compound annual growth rate of 15 percent. Many of these devices will be enabled by Skyworks’ technology.
Skyworks Solutions, Inc., together with its auxiliaries, designs, develops, manufactures, and markets analog and mixed signal semiconductors worldwide. Its product portfolio comprises amplifiers, attenuators, battery chargers, circulators, DC/DC converters, demodulators, detectors, diodes, directional couplers, filters, front-end modules, hybrids, infrastructure radio frequency subsystems, isolators, LED drivers, mixers, modulators, optocouplers, optoisolators, phase shifters, phase locked loops/synthesizers/VCOs, power dividers/combiners, power administration devices, receivers, switches, technical ceramics, and voltage regulators.
At the end of Tuesday’s trade, Shares of United Parcel Service, Inc. (NYSE:UPS), gained 0.17% to $102.08.
United Parcel Service, has agreed to pay $25 million to settle some allegations that it presented false claims to the U.S. government in an attempt to hide late deliveries, according to court documents unsealed on Tuesday and released by the U.S. Department of Justice, according to Reuters.
United Parcel Service Inc, known as UPS, allegedly hid the fact that it was late to deliver packages, keeping customers from being eligible for refunds, according to the documents.
A former employee of UPS, Robert Fulk, was a whistleblower in the suit who alleged UPS knowingly recorded inaccurate delivery times from 2004 to 2014 on packages guaranteed for next-day delivery, the department said. UPS also wrote down codes such as “security delay” and “customer not in” that were false, it added. Reuters Reports.
United Parcel Service, Inc., a package delivery company, provides transportation, logistics, and financial services in the United States and internationally. It operates in three segments: U.S. Domestic Package, International Package, and Supply Chain & Freight.
Finally, Mobileye N.V. (NYSE:MBLY), ended its last trade with -0.46% loss, and closed at $47.58.
Mobileye, declared the details regarding its 2015 Annual General Meeting.
The Company will hold its 2015 Annual General Meeting in Amsterdam on June 25, 2015. Shareholders of record of the Company’s ordinary shares outstanding at the close of business in New York on May 28, 2015 will be entitled to attend and vote at the Annual General Meeting.
Mobileye N.V., together with its auxiliaries, designs and develops software and related technologies for camera-based advanced driver assistance systems primarily in Israel. It operates through two segments, Original Equipment Manufacturing and After Market.
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