On Monday, Shares of Altera Corporation (NASDAQ:ALTR), gained 0.36% to $49.84.
Altera Corporation, declared the signing of a licensing agreement with ZMDI (Zentrum Mikroelektronik Dresden AG), a German-based analog and mixed signal semiconductor company. Altera will leverage ZMDI’s world-class digital power administration technology to integrate advanced multi-mode digital control (MMDC) power capabilities into Enpirion® PowerSoC devices. A design team of digital power experts will focus on expanding the control, adaptability and power saving features of Enpirion PowerSoCs to further improve the power efficiency of Altera FPGAs and SoCs.
The ZMDI digital power technology complements Altera’s existing best-in-class power solutions, which integrate high-frequency power IC technology and advanced magnetics engineering into small form factor packages. Adding MMDC technology into Enpirion PowerSoCs will deliver greater control performance between Altera’s FPGAs and its power administration ICs. MMDC-enabled Enpirion devices will be capable of supporting various new power modes thereby delivering up to a 30 percent reduction in FPGA power consumption (static and dynamic).
Altera Corporation, a semiconductor company, designs and sells programmable logic devices (PLDs), HardCopy application-specific integrated circuit (ASIC) devices, power system-on-chip devices (PowerSoCs), pre-defined design building blocks, and associated development tools.
Shares of Forum Energy Technologies Inc (NYSE:FET), declined -1.96% to $14.98, during its last trading session.
Forum Energy Technologies, declared second quarter 2015 revenue of $284 million, a decrease of $144 million, or 34%, from the second quarter 2014. Net income for the quarter was $9 million or $0.10 per diluted share contrast to $40 million or $0.41 per diluted share for the preceding year period. Not taking into account $0.06 per share of non-operational items, adjusted diluted earnings per share were $0.16 in the second quarter 2015. Non-operational items for the quarter comprised of primarily a foreign exchange loss1 and a restructuring charge. See Table I for a reconciliation of GAAP to non-GAAP financial information.
Second Quarter Results by Segment
Drilling & Subsea
Drilling & Subsea segment revenue in the second quarter 2015 was $170 million, a decrease of $110 million, or 39%, from the second quarter 2014. The revenue decline was due to lower drilling activity levels as reflected by the 51% drop in the North America land rig count for the same period. Additionally, reduced capital spending in the subsea sector influenced results contrast to the preceding year quarter.
Forum Energy Technologies, Inc. designs, manufactures, and distributes products to the oil and natural gas industry in the United States and internationally. The company operates in two segments, Drilling & Subsea, and Production & Infrastructure. The Drilling & Subsea segment designs and manufactures products, and provides related services to the subsea construction, drilling, well construction, completion, and intervention markets.
At the end of Monday’s trade, Shares of Angie’s List Inc (NASDAQ:ANGI), lost -7.00% to $4.65.
Angie’s List, declared financial results for the quarter ended June 30, 2015.
“We continued to execute on our strategy to grow revenue, enhance margins and invest for growth,” said Angie’s List Interim CEO Mark Howell. “Our efforts manifested in the proliferation of e-commerce, operating efficiency and the continued development of our technology platform and product roadmap.”
Angie’s List, Inc. operates a local services marketplace and consumer review site in the United States. The company provides marketplace to research, shop for, and purchase local services for home, health, and automotive service needs. It also allows its consumers to rate and review service providers in 253 markets.
Finally, Teradata Corporation (NYSE:TDC), ended its last trade with -1.56% loss, and closed at $36.53.
Teradata Marketing Applications, declared that Forrester Research, Inc., a leading independent research firm, has recognized Teradata as a Leader in Real-Time Interaction Administration (RTIM). RTIM is a key part of the Teradata Integrated Marketing Cloud, and is what allows marketers to deliver relevant, real-time offers and messages across digital or offline channels to best meet the most current needs of each individual customer. The report was released July 29, 2015, as “The Forrester Wave™: Real-Time Interaction Administration, Q3 2015,” authored by Rusty Warner, with Srividya Sridharan, Olivia French and Matthew Izzi.
Forrester defines Real-Time Interaction Administration as, “Enterprise marketing technology that delivers contextually relevant experiences, value and utility at the appropriate moment in the customer life-cycle via preferred customer touchpoints.”
Teradata Corporation provides analytic data platforms, marketing and analytic applications, and related services in the United States and internationally. Its analytic data platforms comprise software, hardware, and related business consulting and support services for data warehousing and big data analytics.
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