On Wednesday, Shares of Nordstrom, Inc. (NYSE:JWN), lost -0.25% to $56.61.
Seattle-based Nordstrom, declared plans to open Nordstrom Rack at Winter Park Square in Winter Park, Florida. The about 25,000-square-foot store is planned to open in spring 2017. The property is owned by UP Development, LLC.
The newly constructed center will be anchored by Nordstrom Rack and Whole Foods Market. The center is located near Interstate 4, at the intersection of Lee Road and North Orlando Avenue.
“We look forward to offering customers in the greater Orlando area a second Nordstrom Rack location that we hope will provide a more convenient shopping experience for those on the north side of the city,” said Geevy Thomas, president of Nordstrom Rack. “Customers can expect more great brands at great prices when the doors open at our new Winter Park Square store.”
Nordstrom, Inc., a fashion specialty retailer, offers apparel, shoes, cosmetics, and accessories for men, women, and children in the United States and Canada. It operates through two segments, Retail and Credit.
Shares of Platform Specialty Products Corp (NYSE:PAH), inclined 1.72% to $13.04, during its last trading session.
Platform Specialty Products Corporation, declared that the scheme of arrangement with Alent plc (“Alent”), dated August 17, 2015, counting the terms and conditions of Platform’s formerly-declared recommended offer to acquire all the issued and to be issued shares of Alent (the “Alent Acquisition”) has become effective.
As a result, MacDermid Performance Acquisitions Limited, a wholly-owned partner of Platform, has become the owner of all of the shares of Alent. The listing of Alent, and the admission to trading of Alent’s shares on the London Stock Exchange, are predictable to be cancelled on December 2, 2015.
“We are excited to welcome Alent to the Platform family,” said Scot Benson, President of Platform’s Performance Applications segment. “This transaction propels us into a new chapter for the business. Alent’s talent and resources will enhance our flexibility and expertise to develop new and improved products and capabilities. This acquisition will augment our ability to support our customers through innovation and technical support.”
Platform Specialty Products Corporation produces and sells specialty chemical products in the Americas, Asia, and Europe. The company’s Performance Materials segment manufactures and markets plating products that are used to plate holes; final finishes, which are used on printed circuit boards; circuit formation products to promote adhesion and form circuit patterns; oxides that are used in the fabrication of multilayer circuit boards; and pre-treatment and cleaning solutions.
Finally, Shares of Ericsson (ADR) (NASDAQ:ERIC), ended its last trade with 0.10% gain, and closed at $9.54.
Envivio, a leading all-software video processing, delivery and monetization solutions company, now a part of Ericsson (ERIC) will equip Vietnam’s largest multiple system operator with the Envivio Muse™ Live and on Demand video compression software and the Halo™ network media processor and packager.
The roll-out of Cloud DVR services will enable Vietnam Cable Television Corporation — VTVcab’s subscribers to record, pause, start over and catch up with their favorite content on the fly on any screen. The cloud architecture combines all the latest processing enhancements, from efficient software-defined storage with erasure coding, the use of the latest compression standards, to packaging and even transcoding on the fly. This creates storage reductions at each step, totaling 10 to 30x storage savings throughout the process contrast to existing solutions.
Envivio’s Muse video compression software with ‘Up!’ compression mode perfects the video quality of the MPEG-2 H.264 and HEVC standards. This robust software solution also saves critical network bandwidth; prepares operators for Ultra HD TV delivery and future proofs MSOs’ investments in a single administration facility for all multi-screen video operations.
Ericsson provides communications technology and services worldwide. The company’s Networks segment delivers products and solutions for mobile access, Internet protocol (IP) and transmission networks, core networks, and cloud.