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Thursday 6 August 2015
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Active Stocks Roundup: Oracle Corporation (NYSE:ORCL), TE Connectivity Ltd (NYSE:TEL)

On Thursday, Shares of Oracle Corporation (NYSE:ORCL), gained 0.30% to $40.36.

Oracle Corporation, committed to assisting companies throughout Latin America embrace cloud computing to reduce IT complexities and boost productivity. As part of this effort, Oracle plans to open its new data center in Campinas, São Paulo in August of this year.

This state-of-the-art facility also supports growing demand for Oracle’s comprehensive cloud portfolio and was designed to assist customers embrace Oracle Cloud Software as a Service (SaaS) offerings. Oracle Cloud SaaS applications are best-of-breed and integrated with social, mobile, and analytic capabilities to assist companies deliver the experiences customers expect, the talent to succeed, and the performance the market demands.

Oracle Corporation develops, manufactures, markets, sells, hosts, and supports database and middleware software, application software, cloud infrastructure, hardware systems, and related services worldwide.

Finally, TE Connectivity Ltd (NYSE:TEL), ended its last trade with 0.02% gain, and closed at $ 64.36.

TE Connectivity Ltd, declared its fiber indexing architecture, a new approach to fiber to the home (FTTH) deployments that significantly speeds fiber construction while reducing fiber cable, engineering and inventory administration requirements. While typical FTTH deployments require labor-intensive engineering and measurement with custom-length fiber cables, TE’s fiber indexing architecture leverages standardized building blocks – connectorized and indexed service terminals with hardened multi-fiber optical connectors – to create a plug-and-play network that is faster and easier to deploy.

FTTH distribution networks are often deployed in a star topology, with each service terminal directly cabled to the fiber distribution hub. A typical solution requires accurate lengths of cable, which must be first field-measured and then ordered. TE’s fiber indexing architecture uses a cascaded and daisy-chained topology in which the fiber optic cable runs from one terminal to the next. This significantly reduces the amount of cable required by up to 70 percent. In addition, TE’s hardened multi-fiber optical connectors substantially eliminate laborious and costly fiber splicing, greatly speeding deployment.

TE Connectivity Ltd., together with its auxiliaries, designs and manufactures connectivity and sensors solutions. It operates through four segments: Transportation Solutions, Industrial Solutions, Network Solutions, and Consumer Solutions.

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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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