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Thursday 15 October 2015
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Active Stocks Recap: Sunedison Inc (NYSE:SUNE), Comcast Corporation (NASDAQ:CMCSA), Cypress Semiconductor Corporation (NASDAQ:CY), Hecla Mining Company (NYSE:HL)

On Wednesday, Sunedison Inc (NYSE:SUNE)’s shares inclined 2.13% to $11.49.

SunEdison, Inc. (SUNE), declared that it is supplying advanced battery systems in a project to build 9 net-zero energy homes in Fontana, Calif. The project is led by the Electric Power Research Institute (EPRI), with the support of the California Public Utilities Commission, and lead project partners major national homebuilder Meritage Homes and local utility Southern California Edison.

The research institute is leading the project to evaluate how net-zero energy homes that generate and store their own energy impact the local electricity grid. This project is important for future grid planning because under the California Public Utilities Commission’s Energy Efficiency Planned Plan, California aims to have all new homes be net-zero starting in 2020, and all new commercial buildings by 2030.

SunEdison designed the advanced battery system, and partnered with Eguana Tech, LG Chem and Geli for this project, and will monitor and control the system to optimize the energy savings and load profile.

SunEdison, Inc. develops, manufactures, and sells silicon wafers to the semiconductor industry. The company operates through three segments: Solar Energy, TerraForm Power, and Semiconductor Materials. The Solar Energy segment provides solar energy services that integrate the design, installation, financing, monitoring, operations, and maintenance portions of the downstream solar market.

Comcast Corporation (NASDAQ:CMCSA)’s shares gained 1.06% to $57.74.

Comcast Corporation declared a pilot program that will extend Internet Essentials, the nation’s largest and most comprehensive high-speed Internet adoption program for low-income families, to more than 90,000 low-income community college students who are Federal Pell Grant recipients in Illinois.

According to the National Center for Education Statistics, community colleges enroll as many as 40 percent of all college students each year. As low-cost, open-access institutions, community colleges serve a high percentage of non-traditional students, counting those who are low-income, are financially independent, have dependents, are first generation, and are older.

According to research, an associate degree enhances the chance of being employed by 12 to 15 percent for men and 20 percent for women. In addition, according to the Community College Resource Center, an associate degree enhances average earnings contrast to a high school diploma by 13 percent for men and 21 percent for women. In 2012, the American Association of Community Colleges estimated community college graduates added $809 billion in income to the U.S. economy in higher wages, raised productivity, and multiplier effects. Additionally, according to an Illinois Community College Board report, concluding a community college program enhances lifetime earnings by 44%, or over $570,000, contrast to those who do not complete a program.

Comcast Corporation operates as a media and technology company worldwide. It operates through Cable Communications, Cable Netoperates, Broadcast Television, Filmed Entertainment, and Theme Parks segments. The Cable Communications segment offers video, high-speed Internet, and voice services to residential and business customers under the XFINITY brand name. This segment also provides business services, such as cellular backhaul services to mobile network operators; Ethernet network services; and online advertising services.

At the end of Wednesday’s trade, Cypress Semiconductor Corporation (NASDAQ:CY)‘s shares dipped -2.59% to $9.77.

Cypress Semiconductor Corp. (CY) introduced a new automotive capacitive touchscreen controller family that enables screen sizes up to 15-inches with industry-leading performance in harsh automotive environments. The new Automotive TrueTouch® CYAT8168X controller uses Cypress’s proprietary AutoArmor™ technology for robust immunity to the strong electromagnetic interference (EMI) emissions found in cars, buses and trucks. The controller delivers a flawless user experience even with water droplets, condensation or sweat on the touchscreen. Additionally, the controllers provide industry-leading tracking of fingers in gloves, allowing drivers to operate the touchscreen without having to take off their gloves.

Cypress AutoArmor meets car manufacturers’ most challenging electromagnetic compatibility (EMC) requirements for chip-level emissions (IEC 61967), conducted (IEC 62132) and radiated (ISO 11452) immunity, in addition to for system-level (CISPR 25) specifications. AutoArmor uses automatic frequency hopping to prevent false touches caused by EMI from other electronic systems, and it uses TX frequency spreading to reduce electromagnetic emissions by up to 30%. In addition to AutoArmor, the Automotive TrueTouch CYAT8168X controller comprises up to 88 I/Os with a host processor interface through I2C or SPI, which assist improve touchscreen responsiveness.

Cypress Semiconductor Corporation provides mixed-signal programmable solutions, semiconductor memories, and integrated semiconductor solutions worldwide. The company’s Memory Products division designs and manufactures static random access memory (SRAM) products and nonvolatile RAMs used to store and retrieve data in networking, wireless infrastructure and handsets, computation, consumer, automotive, industrial, and other electronic systems; and general-purpose programmable clocks.

Hecla Mining Company (NYSE:HL), ended its Wednesday’s trading session with 8.68% gain, and closed at $2.07.

Hecla Mining Company (HL) declared that it anticipates to start production at its San Sebastian project in the State of Durango, Mexico, by the end of 2015.

Economic Assumptions

The following is a summary of high-level life of mine economic assumptions of surface mining operations, as outlined in the Preliminary Economic Assessment (PEA) by AMC Mining Consultants (Canada) Ltd., to be accomplished within 45 days of this declarement.1,2 The numbers shown are subject to change that is not anticipated to be material.

Velardeña Mill

Hecla has secured the use of a Merrill-Crowe processing plant near Velardeña in the State of Durango, Mexico, as declared on July 15, 2015. Under the terms of the toll treatment arrangement, Hecla has the ability to use the mill for 18 months, with the potential to extend for up to another 12 months. Located within 100 miles of San Sebastian, the mill was formerly used by Hecla to process ore when it mined on the property from 2001 to 2005.

The mill has been idle for several years and is presently being rehabilitated and updated. The filling of supervisory positions is underway. The owner of the mill is in the process of reactivating existing permits.

Mining Technique

The projected mining technique focuses on shallow, near-surface pits on the East Francine, Middle and North veins, targeting high-grade material. The pits are predictable to be small, extending to a maximum of about 270 feet in depth. Near-surface material is weathered, and should be easily excavated. Drill and blast techniques are contemplated for deeper material.

The Company intends to use a contractor for mining operations, and the RFP process is progressing well.

Hecla Mining Company, together with its auxiliaries, discovers, acquires, develops, produces, and markets precious and base metal deposits worldwide. The company offers unrefined gold and silver bullion bars to precious metals traders; and lead, zinc, and bulk concentrates to custom smelters and brokers.

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Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

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