On Tuesday, TiVo Inc. (NASDAQ:TIVO)’s shares inclined 0.95% to $10.60.
TiVo Inc. (TIVO) declared that its CubiTV hybrid middleware has been selected by Global Satellite (GSat) for delivery of digital video broadcast via satellite in the Philippines. CubiTV will be deployed on set-top boxes (STBs) manufactured by Intek Digital of South Korea and used to provide direct-to-home satellite TV services to subscribers across the Philippines. Initial capabilities enabled by the Intek/Cubiware STBs comprise high definition digital video and PVR recording. The inclusion of CubiTV provides an upgrade path that will enable later deployment of interactive services and additional improved capabilities.
GSat provides international entertainment and information in multiple Asian markets, counting not only the Philippines but also other parts of South Asia. With an emphasis on superior coverage, quality programming, and content security, GSat carries both locally produced and international content, counting news, multi-cultural programs, distance education, business and economic analysis, governmental proceedings, and other documentary productions. GSat’s services reach remote areas that are often not served by terrestrial broadcast or cable.
TiVo Inc. provides television software services and cloud-based software-as-a-service solutions that enable to view video content through various screens. It offers whole-home solutions that comprise 4-Tuner and 6-Tuner digital video recorders (DVRs)/gateways, non-DVR IP set-top boxes (STBs), and software to enable streaming to application on third-party devices, such as iOS and Android mobile phones and tablets through features, such as What to Watch Now, OnePass, integrated search, access to broadband video content, and TiVo online/mobile scheduling.
KKR & Co. L.P. (NYSE:KKR)’s shares gained 0.17% to $22.91.
KKR & Co. L.P. (KKR) KKR & Co. L.P. (KKR) declared that Alex Navab, Head of Americas Private Equity, will present at the Morgan Stanley Financials Conference on Tuesday, June 9, 2015 at 1:15 PM EDT.
Gulf Bay Group declared that a new joint venture formed by a wholly owned associate of the Gulf Bay Group and KKR has purchased one of only two remaining developable land parcels in Pelican Bay for a cash payment of $80 million.
Under the direction of Aubrey J. Ferrao, who founded Gulf Bay Group of Companies in 1986, Gulf Bay has successfully accomplished 14 luxury properties along a 1.5-mile stretch of Gulf-front land within the prestigious Pelican Bay community.
The joint venture, known as KRE GB Pelican 1, purchased the land, indirectly, from Parcel J Joint Venture. No plans for the parcel have been released.
KKR & Co. L.P. is a private equity and real estate investment firm specializing in direct and fund of fund investments. It specializes in acquisitions, leveraged buyouts, administration buyouts, credit special situations, growth equity, mature, mezzanine, distressed, and middle market investments. The firm considers investments in all industries with a focus on technology and hardware, energy and infrastructure, real estate, services industry with a focus on business services, intelligence, industry-leading franchises and companies in natural resource, containers and packaging, agriculture, airports, ports, forestry, electric utilities, textiles, apparel and luxury goods, household durables, digital media, insurance, brokerage houses, non-durable goods distribution, supermarket retailing, grocery stores, food, beverage, and tobacco, hospitals, entertainment venues and production companies, publishing, printing services, capital goods, financial services, specialized finance, pipelines, and renewable energy.
At the end of Tuesday’s trade, Tenaris SA (ADR) (NYSE:TS)‘s shares surged 4.45% to $29.80.
Tenaris SA (ADR) (TS) declared that, following the formerly declared restatement of its quarterly merged financial statements as of September 30, 2014, its annual merged financial statements as of December 31, 2014, and its quarterly merged financial statements as of March 31, 2015, to reflect a lower carrying value of its investments in Usiminas, it has filed with the U.S. Securities and Exchange Commission (SEC) its annual report on Form 20-F for the year ended December 31, 2014, and has presented to the SEC its restated quarterly and annual financial statements. As a consequence of the restatement of the merged financial statements as of December 31, 2014, the Company has also filed recently with the Luxembourg Stock Exchange a restated annual report on the merged financial statements for the year ended December 31, 2014, prepared in accordance with applicable Luxembourg law requirements, and has presented such restated annual report to the other securities regulators of the markets where its securities are listed.
Tenaris S.A., through its auxiliaries, manufactures and supplies steel pipe products and related services for the energy and other industrial applications. It offers products for oil and gas drilling operations that comprise casings and tubings, premium connections, drill pipes, coiled tubing, hot-rolled and cold-drawn tubes, tubular and non-tubular accessories, and devices, in addition to technical consulting, pipe administration, and field services.
Honeywell International Inc. (NYSE:HON), ended its Tuesday’s trading session with 0.48% gain, and closed at $104.56.
Honeywell International Inc. (HON) Building on its long-standing relationship with Dassault, Honeywell Aerospace (HON) is supplying its advanced Primus Epic cockpit technologies to Dassault’s newly unveiled Falcon 5X. Primus Epic’s latest improved features have been customized for Dassault’s EASy III cockpit. The new plane combines safety, performance and new capabilities while achieving the lowest fuel consumption in its category.
Advancing Cockpit Technology
Honeywell and Dassault developed the EASy III cockpit with the future in mind, giving pilots and operators advanced communication, vision and awareness features that simplify their job in the cockpit.
For the Falcon 5X EASy III cockpit, Honeywell is providing the latest Primus Epic features counting:
- SmartView Synthetic Vision System:SmartView significantly improves the flight crew’s view outside the plane. It provides a large, 3-D color synthetic image of the outside world when pilots can’t see due to weather or other conditions, enhancing safety and efficiency.
- Next Generation Flight Administration System (NGFMS):This system has been completely redesigned to prepare for future navigation and safety requirements. Pilots can examine fuel burn predictions on multiple flight plans and easily switch to the optimum route. The NGFMS most notably will support the time- and fuel-saving approach procedures known as Required Navigation Performance Authorization Required, which allows a plane to fly a specific path to the runway while avoiding obstacles such as mountains.
Honeywell International Inc. operates as a diversified technology and manufacturing company worldwide. Its Aerospace segment provides aircraft engines, integrated avionics, systems and service solutions, and related products and services for aircraft manufacturers and operators, airlines, military services, and defense and space contractors; and spare parts, and repair and maintenance services for the aftermarket.
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