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Monday 17 August 2015
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Active Stocks Trader’s Round Up: National Bank of Greece S.A. (NYSE:NBG), Forward Industries Inc. (NASDAQ:FORD), Xilinx Inc. (NASDAQ:XLNX)

On Tuesday, Shares of National Bank of Greece S.A. (NYSE:NBG), gained 3.69% to $0.87, after Greece and its creditors reached a bailout agreement.

The bailout, worth up to 85 billion euros, still has to be approved by Greece’s parliament and the euro zone countries, Reuters reports.

Greek banks will receive 10 billion euros as soon as the deal is approved.

The banking index in Greece was up 6% following the agreement, Reuters added.

National Bank of Greece S.A., together with its auxiliaries, provides diversified financial services. The company is involved in retail and commercial banking, asset administration, investment banking, brokerage, and insurance activities.

Shares of Forward Industries Inc. (NASDAQ:FORD), inclined 161.30% to $1.70, during its last trading session.

Forward Industries declared financial results for its third fiscal quarter ended June 30, 2015.

Third Quarter 2015 Financial Highlights

  • Revenues were $7.2 Million.
  • Gross profit percentage raised to 18.6% from 18.3% in the third quarter of 2014.
  • Income from Operations was $494 thousand up from $32 thousand from the third quarter of 2014.
  • Net Income was $496 thousand up from $20 thousand from the third quarter of 2014.
  • Earnings per share were $0.06 per share contrast to $0.00 per share for the third quarter of 2014.
  • Cash and cash equivalents totaled $4.3 million at June 30, 2015.

Forward Industries, Inc., together with its auxiliaries, designs, markets, and distributes carry and protective solutions primarily for hand held electronic devices. The company offers carrying cases and other accessories for medical monitoring and diagnostic kits; and other portable electronic and non-electronic products, such as sporting and recreational products, bar code scanners, smartphones, GPS location devices, tablets, firearms, and other products.

Finally, Xilinx Inc. (NASDAQ:XLNX), ended its last trade with -2.15% loss, and closed at $43.18.

Xilinx declared it will showcase All Programmable solutions for Cloud and Data Center flash storage at the Flash Memory Summit 2015. Through a series of presentations and demonstrations, Xilinx will spotlight high-performance flash storage solutions for use in current and next-generation data centers. These solutions are based on Xilinx’s All Programmable silicon which delivers industry leading performance at lower power for the flash storage market. To learn more, visit Xilinx at booth #721, August 12-13 2015 at the Santa Clara Convention Center, Santa Clara, California.

Xilinx, Inc. designs and develops programmable devices and associated technologies worldwide. Its programmable devices comprise integrated circuits (ICs) in the form of programmable logic devices (PLDs), such as programmable system on chips, and three dimensional ICs; software design tools to program the PLDs; targeted reference designs; printed circuit boards; and intellectual property (IP), which comprises of Xilinx and various third-party verification and IP cores.

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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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