On Wednesday, Manulife Financial Corporation (USA) (NYSE:MFC)’s shares inclined 2.05% to $18.91.
John Hancock Financial is a division of Manulife Financial Corporation (USA) (MFC), a leading Canada-based financial services group with principal operations in Asia, Canada and the United States.
The five John Hancock closed-end funds declared their monthly distributions
John Hancock Premium Dividend Fund
Premium Dividend Fund (the “Fund”) declared its monthly distribution following the Fund’s managed distribution plan (the “PDT Plan”). Under the PDT Plan, the Fund makes monthly distributions of an amount equal to $0.09 per share. This amount will be paid monthly until further notice.
Distributions under the PDT Plan may comprise of net investment income, net realized long-term capital gains, net realized short-term capital gains and, to the extent necessary, return of capital. The Fund may also make additional distributions (i) for purposes of not incurring federal income tax on investment company taxable income and net capital gain of the Fund, if any, not comprised of in such regular distributions and (ii) for purposes of not incurring federal excise tax on ordinary income and capital gain net income, if any, not comprised of in such regular monthly distributions. The Board may amend the terms of the PDT Plan or terminate the PDT Plan at any time.
Statements in this press release that are not historical facts are forward-looking statements as defined by the United States securities laws. You should exercise caution in interpreting and relying on forward-looking statements because they are subject to uncertainties and other factors which are, in some cases, beyond the Fund’s control and could cause actual results to differ materially from those set forth in the forward-looking statements.
An investor should consider a Fund’s investment objectives, risks, charges and expenses carefully before investing.
Manulife Financial Corporation, together with its auxiliaries, provides financial protection and wealth administration products and services to individual, corporate, and business customers primarily in Asia, Canada, and the United States. It offers various individual life and health insurance, and individual and group long-term care insurance products through insurance agents, brokers, banks, financial planners, and direct marketing.
SanDisk Corporation (NASDAQ:SNDK)’s shares gained 0.66% to $67.51.
SanDisk Corporation (SNDK) unveiled a solid state drive (SSD) — CloudSpeed Eco Gen. II SATA SSD — designed as a drop-in replacement for hard disk drives (HDD) for cloud service providers. Predictable to be accessible worldwide by the end of this year, CloudSpeed Eco will boost the company’s SSD product portfolio.
The new device has a storage capacity of up to 2 terabytes (TB) and is based on 15-nanometer (nm) NAND flash technology. SanDisk believes that the drive is 3 times faster than the traditional HDDs, and offers quick response system and energy efficient features.
Therefore, the device will facilitate interconnection and data center service providers a high storage capacity together with quick response time and lower cost-per-square-foot for hyper scale applications which comprise analytics, media streaming and content repositories.
SanDisk appears to be aggressively focusing on expanding its SSD product portfolio. On May 25, the company unveiled – Z400s SSD — to improve the computing experience for both consumers and original equipment manufacturers (OEMs).
The company is sampling Z400s with customers in mSATA, 2.5” SATA and M.2 (2242 and 2280) form factors, with 32GB, 64GB, 128GB and 256GB capacities. The Z400s SSD targets OEMs that can embed it into their forthcoming notebook/desktop line-ups.
SanDisk Corporation designs, develops, manufactures, and markets data storage solutions in the United States and internationally. The company offers removable cards, which are used in various applications and consumer devices, counting digital cameras, camcorders, smartphones, tablets, and eReaders under the SanDisk Ultra, SanDisk Extreme, and SanDisk Extreme PRO brands; and embedded products that are used in mobile phones, tablets, notebooks, and other portable and wearable devices, in addition to in automotive and connected home applications under the brand name iNAND.
At the end of Wednesday’s trade, Intersect ENT Inc (NASDAQ:XENT)‘s shares surged 3.02% to $25.92.
Intersect ENT Inc (XENT) declared that administration will present an overview of the company’s business at the William Blair & Company 35th Annual Growth Stock Conference.
The presentation is planned for 11:30 a.m. CT on Tuesday, June 9, 2015, at the Four Seasons Hotel in Chicago, Ill.
Intersect ENT, Inc., a commercial stage drug-device company, provides therapeutic solutions for patients with ear, nose, and throat conditions in the United States. It offers PROPEL and PROPEL mini drug
Pixelworks, Inc. (NASDAQ:PXLW), ended its Wednesday’s trading session with 19.24% gain, and closed at $6.57.
Pixelworks, Inc. (PXLW) declared that the new ASUS Hero ZenPad is the world’s first tablet to incorporate Pixelworks’ True Clarity display enhancements. The Hero ZenPad features ASUS’ Tru2Life display technology delivering a full, rich mobile user experience. Pixelworks’ True Clarity powers the display, offering raised realism and enabling the display to perform its full potential. By taking advantage of this and other True Clarity enhancements, the Hero ZenPad makes the most of its crisp 2048×1536 pixel screen. With the introduction of this product, ASUS has set a new industry benchmark for clarity, sharpness, and usability for next-generation mobile displays.
Presently, higher resolution mobile screens without video processing make judder, motion blur, and other annoying visual artifacts more visible, leading to potential eyestrain and viewing fatigue. Without display processing technology to make the most of the picture quality on these smaller, high-resolution screens, the mobile viewing experience will continue to fall short of optimal performance.
Based on Pixelworks’ industry-leading mobile display processing technology, True Clarity works at the pixel level to dramatically improve the mobile viewing experience by removing these video artifacts. This advanced technology is the foundation of Pixelworks’ Iris family of products. As a result of these enhancements, Pixelworks’ True Clarity improves all aspects of the mobile viewing experience, counting gaming, video, photos, web browsing and productivity.
Pixelworks, Inc. designs, develops, and markets video and pixel processing semiconductors, intellectual property cores, software, and custom ASIC solutions for digital video applications. Its products allow manufacturers and developers of digital display and projection devices to manufacture screens of various sizes that display the highest video quality with minimum power consumption.
DISCLAIMER:
This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.
All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.
Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.
Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified through the use of such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should might occur.
