On Friday, Shares of Alibaba Group Holding Limited (NYSE:BABA), gained 1.25% to $64.63.
Alibaba Group Holding Limited declared that Mr. Joe Tsai, Executive Vice Chairman, will take part in a fireside chat at the Deutsche Bank 2015 Technology Conference. The session is planned at 9:30 a.m. Pacific Time on September 17, 2015. The conference will be held at the Cosmopolitan of Las Vegas in Las Vegas, Nevada.
Alibaba Group Holding Limited, through its auxiliaries, operates as an online and mobile commerce company in the People’s Republic of China and internationally.
Shares of The Wendy’s Company (NASDAQ:WEN), inclined 2.33% to $9.23, during its last trading session.
Assist spread the word! High school seniors have until Friday, October 2, 2015, at 3:00 p.m. PST/6:00 p.m. EST to apply for Wendy’s® High School Heisman®. This Award is built in partnership with Wendy’s and the Heisman Memorial Trophy® to recognize outstanding high school seniors who exhibit academic excellence, a strong commitment to their communities and athletic talent. Every year Wendy’s High School Heisman recognizes thousands of the best high school seniors and rewards $120,000 to schools across the country.
“Every high school has outstanding student-athletes that can be recognized with the prestigious Heisman name,” says Archie Griffin, two-time collegiate Heisman Memorial Trophy® winner. “I’m honored to assist Wendy’s highlight the achievements of these exceptional high school seniors on the field, in the classroom and within their communities.”
The Wendy’s Company, through its auxiliaries, owns and franchises Wendy’s restaurant system. The company is involved in operating, developing, and franchising a system of quick-service restaurants. As of May 26, 2015, its restaurant system comprised about 6,500 franchised and company-operated restaurants worldwide.
Finally, Cypress Semiconductor Corporation (NASDAQ:CY), ended its last trade with -0.20% loss, and closed at $10.04.
Cypress Semiconductor Corporation and Fujitsu Electronics Incorporated (FEI) finalized a contract that will significantly expand FEI’s role as a distribution partner for Cypress. In the wake of Cypress’s merger with Spansion Inc. in March 2015, the agreement replaces the two prior agreements between Spansion and FEI, providing FEI with access to the products covered by the prior agreements and adding Cypress’s entire product line, counting PSoC® Programmable System-on-Chip devices, automotive touch-sensing solutions, SRAM and nonvolatile memories, Bluetooth Low Energy solutions and USB controllers. The agreement took effect on September 10, 2015 and is predictable to generate $500 million in sales the first year.
“We are excited to welcome Fujitsu Electronics as a distribution partner for all Cypress products, building on their team’s knowledge of and design expertise with our NOR and NAND flash memories, MCUs and analog products,” said Mike Balow, Executive Vice President of Sales and Applications at Cypress. “One-third of Cypress’s current revenue is generated in Japan, and FEI will assist us to further grow our business in this key market. The agreement will expand our ability to sell the combined Cypress product portfolio into the large Japanese automotive market and to new customers in the industrial and consumer markets.”
“We are happy to expand our distribution partnership with Cypress to comprise their full lineup of products, counting their flexible PSoC solutions, market-leading SRAMs and cutting-edge USB Type-C controllers,” said Shigeo Kashiwagi, President of Fujitsu Electronics Inc. “Cypress’s focus on high-quality, high-performance products is a natural fit for the Japanese market, and FEI has the design experience and strong customer relationships to assist expand their presence with a broad range of key OEMs.”
Cypress Semiconductor Corporation provides mixed-signal programmable solutions, semiconductor memories, and integrated semiconductor solutions worldwide. The company’s Memory Products division designs and manufactures static random access memory (SRAM) products and nonvolatile RAMs used to store and retrieve data in networking, wireless infrastructure and handsets, computation, consumer, automotive, industrial, and other electronic systems; and general-purpose programmable clocks.
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