On Tuesday, Shares of Analog Devices, Inc. (NASDAQ:ADI), gained 6.37% to $60.42.
Analog Devices, declared financial results for its fourth quarter and fiscal year 2015, which ended October 31, 2015.
“We had another record quarter with revenue and earnings that exceeded the high end of our guidance range,” said Vincent Roche, President and CEO. “Our strategy to leverage technology platforms that sense, measure, and connect real-world phenomena across a diversity of applications once again produced excellent results, as we continue to deliver solid returns on our investments as evidenced in our growth in revenues, profits, and cash flows.”
ADI also declared that the Board of Directors has declared a cash dividend of $0.40 per outstanding share of common stock. The dividend will be paid on December 15, 2015 to all shareholders of record at the close of business on December 4, 2015.
Analog Devices, Inc. engages in the design, manufacture, and marketing of analog, mixed-signal, and digital signal processing integrated circuits (ICs) for use in industrial, automotive, consumer, and communication markets worldwide. It offers signal processing products that convert, condition, and process real-world phenomena, such as temperature, pressure, sound, light, speed, and motion into electrical signals.
Shares of Palo Alto Networks Inc (NYSE:PANW), inclined 6.40% to $183.03, during its last trading session.
Palo Alto Networks, declared the appointment of Lucas Moody as Chief Information Security Officer (CISO). He will report directly to the CFO and lead efforts to protect Palo Alto Networks information and technology assets while partnering with product administration to contribute to continued product innovations.
Palo Alto Networks, Inc. provides enterprise security platform to enterprises, service providers, and government entities worldwide. Its platform comprises Next-Generation Firewall that delivers application, user, and content visibility and control, in addition to protection against network-based cyber threats; Advanced Endpoint Protection that prevents cyber attacks that exploit software vulnerabilities on various fixed and virtual endpoints and servers; and Threat Intelligence Cloud that offers central intelligence capabilities, security for software as a service applications, and automated delivery of preventative measures against cyber attacks.
Finally, Shares of Fifth Third Bancorp (NASDAQ:FITB), ended its last trade with 0.34% loss, and closed at $20.51.
Fifth Third Bancorp, declared a minority investment in Zipscene, LLC, a Cincinnati-based company that specializes in consumer analytics for the restaurant industry.
The investment in Zip scene builds on the planned portfolio Fifth Third is developing, in support of the growth of its Payments and Commerce Solutions group. The group was formed in 2014 to invest in and support commerce solutions that enable healthcare and retail businesses to better serve their customers.
“Zip scene has a strong track record of connecting restaurants to their guests by leveraging technology to better understand factors that influence dining patterns,” said Randy Koporc, executive vice president and Head of Fifth Third Payments and Commerce Solutions. “Fifth Third’s investment in Zip scene demonstrates progress against our commitment to developing a pipeline of intelligent commerce solutions.”
Fifth Third Bancorp operates as a diversified financial services company in the United States. It operates through four segments: Commercial Banking, Branch Banking, Consumer Lending, and Investment Advisors.