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Friday 16 October 2015
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Up to Date Stocks in Focus: Paychex, Inc. (NASDAQ:PAYX), Vishay Intertechnology (NYSE:VSH), Parker-Hannifin Corp (NYSE:PH)

On Wednesday, Shares of Paychex, Inc. (NASDAQ:PAYX), lost -0.48% to $49.54.

Paychex, declared a regular quarterly dividend of $.42 per share payable November 19, 2015 to shareholders of record November 2, 2015.

Paychex, Inc. provides payroll, human resource, insurance, and benefits outsourcing solutions for small to medium-sized businesses in the United States and Germany. The company offers payroll processing services that comprise the calculation, preparation, and delivery of employee payroll checks; production of internal accounting records and administration reports; preparation of federal, state, and local payroll tax returns; and collection and remittance of clients payroll obligations.

Shares of Vishay Intertechnology (NYSE:VSH), inclined 2.47% to $10.77, during its last trading session.

Vishay Intertechnology, introduced the first two devices in a new series of ceramic-based, high-power UV LEDs with silicone lenses. Designed to provide a reliable, energy-saving replacement for mercury lamps, the Vishay Semiconductors VLMU3500-385-060 and VLMU3500-385-120 deliver exceptionally long lifetimes in compact 3.5 mm by 3.5 mm surface-mount packages for medical, industrial, and printing applications.

The silicone lenses of the VLMU3500-385-060 and VLMU3500-385-120 enable extremely long lifetimes contrast to typical mercury lamps. The environmentally friendly UV LEDs are free of heavy metals and provide raised reliability with their shock resistance and immunity to degradation from frequent on/off switching. While mercury lamps require complex drive circuits and need two to 15 minutes to warm up, the VLMU3500-385-060 and VLMU3500-385-120 allow for the use of simple low-voltage circuitry and require no warm-up period.

Built on InGaN (indium gallium nitride) technology, the devices released recently feature typical radiant power of 780 mW at 500 mA and 1037 mW at 700 mA in a wavelength range between 380 nm and 390 nm. The VLMU3500-385-060 offers an emission angle of 60° while the VLMU3500-385-120 has an emission angle of 120°. The devices provide radiant intensity of 730 mW/sr and 390 mW/sr at 700 mA, respectively.

Vishay Intertechnology, Inc. manufactures and supplies discrete semiconductors and passive components in the United States, Europe, and Asia. The company operates in five segments: MOSFETs, Diodes, Optoelectronic Components, Resistors & Inductors, and Capacitors. The MOSFETs segment offers low- and medium-voltage TrenchFET MOSFETs, high-voltage planar MOSFETs, high voltage Super Junction MOSFETs, power integrated circuits, and integrated function power devices.

Finally, Parker-Hannifin Corp (NYSE:PH), ended its last trade with -1.22% loss, and closed at $102.30.

Parker Hannifin Corporation, declared that it will release its fiscal 2016 first quarter earnings before the market opens on Thursday, October 22, 2015, followed by a conference call at 10:00 a.m., Eastern time. During the call, the company will discuss fiscal 2016 first quarter financial performance and respond to questions from institutional investors and security analysts. The conference call will be webcast simultaneously on Parker’s investor information website at www.phstock.com, with an accompanying slide presentation. The call also will be archived on the site and available for replay later that day.

With annual sales of about $13 billion in fiscal year 2015, Parker Hannifin is the world’s leading diversified manufacturer of motion and control technologies and systems, providing precision-engineered solutions for a wide variety of mobile, industrial and aerospace markets. The company employs about 55,000 people in 50 countries around the world. Parker has raised its annual dividends paid to shareholders for 59 successive fiscal years, among the top five longest-running dividend-improvement records in the S&P 500 index.

Parker-Hannifin Corporation manufactures and sells motion and control technologies and systems for various mobile, industrial, and aerospace markets worldwide. The company operates in two segments, Diversified Industrial and Aerospace Systems.

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