On Thursday, Shares of United Parcel Service, Inc. (NYSE:UPS), gained 2% to $100.67.
United Parcel Service, declared that it will serve asan official supplier to the Special Olympics World Games LosAngeles 2015 (LA2015). Designated a Games Supplier, UPS will donate its logistics expertise, warehousing and volunteers to assist mobilize the Games that will see 7,000 athletes and 3,000 coaches visit Los Angeles from July 25-Aug. 2, 2015.
UPS Airlines will transport the Flame of HopeTM torch from Athens, Greece, to Washington, D.C. In addition to the flight crew, a UPS administration pilot will escort the flame in four specially designed lanterns or “miners lamps,” designed to keep the flame lit during the trans-Atlantic flight. UPS will deliver the lamps to Special Olympics in Washington, D.C., in time for the start of the Law Enforcement Torch Run(R) race for Special Olympics.
United Parcel Service, Inc., a package delivery company, provides transportation, logistics, and financial services in the United States and internationally. It operates in three segments: U.S. Domestic Package, International Package, and Supply Chain & Freight.
Shares of Duke Energy Corporation (NYSE:DUK), inclined 1.41% to $75.49, during its last trading session.
Duke Energy Corporation, issued the statement regarding federal court approval of a contract with the U.S. government to close a federal investigation of its auxiliaries – Duke Energy Carolinas, Duke Energy Progress and Duke Energy Business Services – related to the Dan River coal ash spill and ash basin operations at other North Carolina coal plants.
Duke Energy Corporation, together with its auxiliaries, operates as an energy company in the United States and Latin America. It operates through three segments: Regulated Utilities, International Energy, and Commercial Power. The Regulated Utilities segment generates, transmits, distributes, and sells electricity in the Carolinas, Florida, Ohio, Kentucky, and Indiana; and transports and sells natural gas in southwestern Ohio and northern Kentucky.
At the end of Thursday’s trade, Shares of International Paper Company (NYSE:IP), gained 2.02% to $53.62.
International Paper Company, declared that it has priced $700 million of 3.800% senior unsecured notes due 2026, $600 million of 5.000% senior unsecured notes due 2035 and $700 million of 5.150% senior unsecured notes due 2046. The 2026, 2035 and 2046 notes were issued at a public offering price of 99.569%, 99.289% and 99.130%, respectively. The offering was made following an effective shelf registration statement.
Citigroup Global Markets Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated, Mizuho Securities USA Inc., BBVA Securities Inc., BNP Paribas Securities Corp., Credit Agricole Securities (USA) Inc., Deutsche Bank Securities Inc., J.P. Morgan Securities LLC, Regions Securities LLC and SMBC Nikko Securities America, Inc. acted as joint book-running managers for the offering.
International Paper Company operates as a paper and packaging company in North America, Europe, Latin America, Russia, Asia, Africa, and the Middle East. The company operates through three segments: Industrial Packaging, Printing Papers, and Consumer Packaging.
Finally, Integrated Silicon Solution Inc. (NASDAQ:ISSI), ended its last trade with 7.47% gain, and closed at $20.14, hitting its highest level.
Integrated Silicon Solution, stated financial results for the second fiscal quarter ended March 31, 2015.
Second Fiscal Quarter and Recent Highlights:
- Total revenue of $80.1 million, contrast to $80.9 million in the first fiscal quarter of 2015 and $80.9 million in the second fiscal quarter of 2014;
- Automotive revenue raised 6.7% from the preceding year, and communications revenue raised 2.1% sequentially;
- Gross margin was 35.0%, contrast to 36.0% in the first fiscal quarter of 2015 and 34.3% in the second fiscal quarter of 2014;
- GAAP net income was $0.03 per diluted share and non-GAAP net income was $0.18 per diluted share;
- Ended the quarter with cash, restricted cash, and short-term investments of $135.6 million;
- Declared a quarterly cash dividend of $0.06 per share to be paid on May 22, 2015 to stockholders of record as of May 11, 2015;
- Declared the execution of a merger agreement under which a Chinese consortium of investors led by Summitview Capital will acquire all of the outstanding shares of ISSI for $19.25 per share in cash; and
- Declared the execution of an equipment lease agreement with Powerchip Technology Corporation (Powerchip) whereby ISSI will purchase and lease semiconductor manufacturing equipment to Powerchip for a period of six years, and receive manufacturing capacity and a guaranteed supply of wafers through 2021.
Integrated Silicon Solution, Inc., a fabless semiconductor company, designs and markets integrated circuits. The company offers low and medium density DRAM products for use in WLANs, base stations, networking switches and routers, fiber to the home, modems, set top boxes, digital cameras, MP3, flat panel TVs, LCD TVs, HDTVs, video phones, voice over Internet protocol, printers, disk drives, tape drives, audio/video equipment, instrumentation, GPS, telematics, infotainment, backup cameras, lane departure warning systems, and other applications.
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