On Monday, Electronic Arts Inc. (NASDAQ:EA)’s shares inclined 0.22% to $62.89.
Electronic Arts Inc. (EA) declared that EA SPORTS™ FIFA 16 will feature 12 Women’s National Teams for the first time in franchise history when it launches starting on September 22, 2015 in North America. Women’s National Teams from Australia, Brazil, Canada, China, England, France, Germany, Italy, Mexico, Spain, Sweden, and the United States of America will all represent their respective federations in several FIFA 16 game modes counting Kick Off, an Offline Tournament, in addition to Online* Friendly Matches.
Electronic Arts Inc. develops, markets, publishes, and distributes game software content and online services for video game consoles, Internet-connected consoles, personal computers, mobile phones, and tablets worldwide. The company operates through EA Studios, EA Mobile, and Maxis divisions. It develops and publishes digital interactive entertainment games primarily under the The Sims, Madden NFL, EA SPORTS FIFA, Battlefield, FIFA Soccer, Need for Speed, Dragon Age, and Plants vs. Zombies brand names.
Trina Solar Limited (ADR) (NYSE:TSL)’s shares dropped -2.18% to $12.10.
Trina Solar Limited (ADR) (TSL) declared that it offered Osaka Sangyo University (“OSU”) with its newly developed Interdigitated Back Contact (IBC) cells and modules for OSU’s Solar Car, the “OSU-Model-S”.
The OSU-Model-S is fueled solely by solar power which is converted into electricity via 565 highly efficient solar cells, and has just finished its first test run in Shirahama Old Airport, Wakayama Prefecture, Japan. The IBC cells offered by Trina Solar have demonstrated efficiencies up to 24.4% in laboratory tests and 23.1% in pilot industrial production. The OSU-Model-S will compete in early August in the IFA Suzuka Solar Car Race, the largest international solar car race taking place in Japan.
Prof. Hisakazu Fujita of Osaka Sangyo University commented, “We are extremely excited to have Trina Solar as our partner in the OSU-Model-S for the forthcoming IFA Suzuka Solar Car Race. We believe Trina Solar’s IBC cells, a similar technology of which that has already been successfully applied to Solar Impulse-2, a solar-powered aircraft flying around the world recently, will put us ahead of the competition in a race designed to favor the most energy efficient race cars. Furthermore, our cooperation with Trina Solar has not only inspired us to achieve our vision of promoting the most advanced future car technology, but has also given us the technological expertise to maintain our leading position in the race, as we look to build on our 3 successive championships since 2012.”
Trina Solar Limited operates as an integrated solar-power products manufacturer and solar system developer in the People’s Republic of China, Europe, the United States, and other Asia Pacific regions. The company designs, develops, manufactures, and sells photovoltaic (PV) modules comprising monocrystalline and multicrystalline PV modules ranging in various power outputs for use in residential, commercial, industrial, and other solar power generation systems.
At the end of Monday’s trade, Trimble Navigation Limited (NASDAQ:TRMB)‘s shares surged 0.04% to $23.45.
Trimble Navigation Limited (TRMB) declared that two new BuildingPoint™ distribution partners have been established in the U.S.—BuildingPoint Florida and BuildingPoint Mid-America. These latest additions join the growing BuildingPoint network that provides focused sales and services with a portfolio of software and hardware solutions for the Design-Build-Operate (DBO) lifecycle of buildings.
BuildingPoint distribution partners represent Trimble Buildings’ solutions that allow users to create and transfer constructible models throughout the DBO lifecycle—from concept and design to the field and back to the office again. The solutions utilize sensors, 3D positioning, data, Building Information Modeling (BIM), communications and analytics. The emergence of these technologies, together with the ability to integrate them within a comprehensive information architecture, provides an unprecedented capability to improve productivity, plan adherence and cost discipline. Trimble’s expanded information architecture enables these improvements by significantly improving project transparency and collaboration, which leads to much tighter integration of the elements of building design, building construction and post-completion building operation.
Trimble Navigation Limited provides technology solutions to enhance the work processes of office and mobile field professionals worldwide. The company’s Engineering and Construction segment offers field and office software for route selection and design; systems to guide and control construction equipment; systems to monitor, track, and manage assets, equipment, and workers; software to share and communicate data; 3D conceptual design and modeling software; BIM software for design, construction, and maintenance; integrated site layout and measurement systems; application products; integrated workplace administration services software; capital program and facility administration solutions; and field based data collection systems and software, communications systems, and back-office software. Its Field Solutions segment provides guidance and positioning, and automated application systems; and information administration solutions, in addition to systems to collect authoritative field data and integrate that data into GIS databases.
Cowen Group Inc (NASDAQ:COWN), ended its Monday’s trading session with 1.86% gain, and closed at $6.01.
Cowen Group Inc (COWN) declared the closing of its formerly declared offering of 105,000 shares of its 5.625% Series A Cumulative Perpetual Convertible Preferred Stock (the “Convertible Preferred Stock”) in a private offering to eligible purchasers.
The Convertible Preferred Stock has a liquidation preference of $1,000 per share. The Company will pay cumulative dividends, when and if declared, in cash, on the Convertible Preferred Stock on a quarterly basis in arrears at a rate of 5.625% per annum of the $1,000 liquidation preference per share, and the Convertible Preferred Stock will be convertible at the option of the holder into cash, shares of the Company’s Class A common stock or a combination thereof, at the Company’s election, in each case, based on an initial conversion rate of 152.2476 shares of the Company’s Class A common stock per share of the Convertible Preferred Stock (which corresponds to an initial conversion price of about $6.57 per share of the Company’s Class A common stock). The conversion price represents a premium of about 17.5% relative to the NASDAQ closing price of the Company’s Class A common stock on May 13, 2015 of $5.59 per share. Additionally, at any time on or after May 20, 2020, the Company may elect to cause all outstanding shares of the Convertible Preferred Stock to be automatically converted into shares of the Company’s Class A common stock, cash or a combination thereof, at the Company’s election, in each case, based on the then-applicable conversion rate, if the last stated sale price of the Company’s Class A common stock equals or exceeds 150% of the then-current conversion price on at least 20 trading days (whether or not successive) during the period of 30 successive trading days (counting on the last trading day of such period) right away prior to such election.
Cowen Group, Inc. is a publicly owned asset administration holding company. Through its auxiliaries, the firm provides alternative investment administration, investment banking, research, and sales and trading services for its clients. It manages separate client focused portfolio through its auxiliaries.
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