On Thursday, Shares of QUALCOMM Incorporated (NASDAQ:QCOM), lost -0.08% to $61.86.
Qualcomm Third Quarter Fiscal 2015 Earnings Release
- The third quarter fiscal 2015 earnings release will be issued on Wednesday, July 22, 2015 at about 1:00 p.m. Pacific Time (PT).
- After the release has been issued, Qualcomm Investor Relations representatives will not be accessible to return phone calls until after the conclusion of the conference call.
QUALCOMM Incorporated designs, develops, manufactures, and markets digital communications products and services in China, South Korea, Taiwan, and the United States. The company operates through three segments: Qualcomm CDMA Technologies (QCT), Qualcomm Technology Licensing (QTL), and Qualcomm Planned Initiatives (QSI).
Shares of Danaher Corp. (NYSE:DHR), remained flat to $85.74, during its last trading session.
Danaher Corporation, declared the final exchange ratio for its split-off exchange offer for Danaher common stock in connection with the formerly declared separation of Danaher’s Communications business and merger of Potomac Holding LLC, the Danaher partner holding its Communications business, with a partner of NetScout Systems, Inc. (NTCT) will be 2.4000 common units of Potomac Holding LLC for each share of Danaher common stock validly tendered and not properly withdrawn and accepted by Danaher following the terms of the exchange offer. After Danaher’s acceptance of shares in the exchange offer, a partner of NetScout will merge with and into Potomac Holding LLC, with Potomac Holding LLC surviving the merger and each Potomac Holding LLC common unit will automatically convert into the right to receive one share of NetScout common stock.
The final calculated per-share value of Danaher common shares and the final calculated per-unit value of Potomac Holding LLC common units, in each case determined in the manner described in the Prospectus-Offer to Exchange, dated May 14, 2015 (the “Prospectus”), would have resulted in an exchange ratio of more than the upper limit of 2.4000. Accordingly, the final exchange ratio has been set at 2.4000 Potomac Holding LLC common units for each Danaher common share accepted in the exchange offer. Because the upper limit is in effect, the exchange offer has been automatically extended until 12:00 midnight, New York City time, on July 13, 2015.
Danaher Corporation designs, manufactures, and markets professional, medical, industrial, and commercial products and services worldwide. The company’s Test & Measurement segment provides test, measurement, and monitoring products that are used in electronic design, manufacturing, and technology development; hardware and software solutions to deploy, manage, and secure communication network technologies and services; and tools, toolboxes, and automotive maintenance equipment.
Finally, LendingTree, Inc. (NASDAQ:TREE), ended its last trade with 0.91% gain, and closed at $78.63.
LendingTree, replaced Meadowbrook Insurance Group Inc. (MIG) in the S&P SmallCap 600 after the close of trading on Thursday, July 9. Fosun International Limited is acquiring Meadowbrook Insurance Group in a deal that closed recently.
LendingTree operates an online loan marketplace for consumers. Headquartered in Charlotte, NC, the company will be added to the S&P SmallCap 600 GICS (Global Industry Classification Standard) Thrifts & Mortgage Finance Sub-Industry index.
LendingTree, Inc., through its auxiliaries, operates an online loan marketplace for consumers seeking an array of loan types and other credit-based offerings in the United States. The company operates in four segments: Lending, Auto, Education, and Home Services.
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