During Tuesday’s Current trade, Shares of Atmel Corporation (NASDAQ:ATML), gain 1.52% to $8.34.
Cypress Semiconductor Corp. (CY) recently issued the following statement in response to recent market rumors regarding Atmel Corporation (ATML).
Cypress formerly presented an offer to the Board of Directors of Atmel to acquire Atmel. That offer expired and Cypress has withdrawn its interest in an acquisition of Atmel. Cypress regularly evaluates acquisition opportunities to complement its existing business, and maintains a disciplined approach to ensure that it continues to deliver long-term value to its shareholders.
Atmel Corporation is a designer, developer and supplier of microcontrollers. The Company operates through four segments: Microcontroller, Nonvolatile Memory, Automotive and Multi-Market and Other.
Shares of Hilton Worldwide Holdings Inc (NYSE:HLT), incline 0.13% to $23.98, during its current trading session.
Hilton Worldwide Holdings, declared that eight new hotels will join Canopy by Hilton’s portfolio of more than 20 neighborhoods in various stages of development. Launched last October, Canopy by Hilton is Hilton’s newest hotel brand that redefines the lifestyle space.
The Canopy by Hilton neighborhood additions comprise:
- Canopy West Palm Beach
- Canopy Denver | Downtown
- Canopy Washington, D.C. | Southwest Waterfront
- Canopy New Orleans
- Canopy Dallas | Uptown
- Canopy Baltimore | Harbor Point
- Canopy Minneapolis | Mill District
- Canopy Chicago | The Loop
Hilton Worldwide Holdings Inc. is a hospitality company. The Company comprises of about 4,322 hotels, resorts and timeshare properties comprising of 715,062 rooms in 94 countries and territories. The Company operates through three segments: administration and franchise, ownership and timeshare.
Capstone Turbine Corporation (NASDAQ:CPST), during its Tuesday’s current trading session gain 5.23% to $0.231.
Capstone Turbine Corporation, declared recently that it received orders for a C200 and 19 C65 microturbines for multiple combined heat and power (CHP) projects in Germany.
E-Quad Power Systems GmbH, Capstone’s German distributor, secured the orders, which will be rolled out over the next six months. Due to the rising volume of CHP orders in the region, E-Quad has relocated to a new, larger facility to better handle the growth of the German CHP market.
The C200 microturbine will be installed at a large-scale industrial laundry facility as part of a joint steam production project with SAACKE Group, a worldwide manufacturer of tailored boiler and process firing plants. The steam project will serve as SAACKE Group’s tenth project to incorporate Capstone microturbines for steam generation.
Capstone Turbine Corporation (Capstone) develops, manufactures, markets and services microturbine technology solutions for use in stationary distributed power generation applications, counting cogeneration (combined heat and power), integrated combined heat and power (ICHP), and combined cooling, heat and power (CCHP), renewable energy, natural resources and critical power supply.
Finally, Petroleo Brasileiro SA - Petrobras (ADR) (NYSE:PBR), gain 3.27%, to $5.03, after the oil producer’s declarement yesterday to cut investments this year as it works to ease debt, Bloomberg reports.
This year, the oil giant will reduce investments to $25 billion from $28 billion.
“We view the declared changes as a key part of this process and believe it should assist to improve investor confidence in the company’s ability to withstand the current, very difficult environment,” Bank of America analysts stated.
Petroleo Brasileiro SA - Petrobras is a Brazil-based integrated energy company. The Company operates in the Exploration and Production (E&P); Refining, Transportation and Marketing (RTM); Gas and Power; Biofuels; Distribution, and International segments. E&P comprises exploration, development and production of crude oil, natural gas liquid and natural gas in Brazil.
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