During Friday’s Morning trade, Shares of Fiat Chrysler Automobiles NV (NYSE:FCAU), lost -0.14% to $13.79.
The FCA US Sterling Stamping Plant has been awarded bronze status for its efforts to improve in World Class Manufacturing (WCM) and becomes the 12th North American facility to receive this designation.
The Sterling Heights, Mich., plant, which celebrated 50 years of production in 2015, earned bronze after a two-day audit on Dec. 15 and 16 during which it earned a minimum of 50 points in 10 technical and 10 managerial pillars by demonstrating clear WCM know-how and competence through employee-conducted pillar presentations and a review of projects that have been implemented across the shop floor.
In July, the Company declared that it would invest more than $166 million in three new press lines at the plant to meet raised product demand. The new press lines are predictable to be at full production in the first half of 2016. Sterling Stamping is the largest stamping plant in the world and ships to customers in the U.S., Canada, Mexico and Venezuela.
Fiat Chrysler Automobiles N.V., an automotive group, designs, engineers, manufactures, distributes, and sells vehicles and components. It offers passenger cars, light trucks, and light commercial vehicles under the Abarth, Alfa Romeo, Chrysler, Dodge, Fiat, Fiat Professional, Jeep, Lancia, and Ram brand names, in addition to after-sales services and parts under the Mopar brand name.
Shares of Canadian Natural Resource Ltd (USA) (NYSE:CNQ), inclined 2.08% to $20.66, during its current trading session.
Canadian Natural Resources Limited (“Canadian Natural”) (CNQ.TO) (CNQ.TO) and PrairieSky Royalty Ltd. (“PrairieSky”) (PSK.TO) are happy to declare that they have accomplished the formerly declared combination of their royalty businesses, unifying two of the largest fee simple mineral title and royalty positions in Western Canada (the “Transaction”).
At closing, PrairieSky issued 44,444,444 common shares (“Common Shares”) to Canadian Natural and certain of its wholly-owned associates as partial consideration for the sale of its royalty assets for investment purposes and for distribution to its shareholders (the “Share Consideration”). The Common Shares were issued following applicable exemptions from prospectus requirements and, as a result, the Common Shares are subject to a statutory hold period of four months and one day in accordance with applicable Canadian securities laws.
Canadian Natural has agreed with PrairieSky to distribute to its shareholders, by no later than December 31, 2016, by way of a dividend or return of capital (subject to regulatory approval and securities and tax regulations) sufficient PrairieSky Common Shares so that Canadian Natural, after such distribution, owns, directly or indirectly, less than 10% of the issued and outstanding shares of PrairieSky (the “Share Distribution”). Canadian Natural’s current intention is to distribute to its shareholders the majority of the Share Consideration at or near its next Annual and Special Meeting of Shareholders in May 2016, providing Canadian Natural shareholders with the opportunity to take part directly and indirectly in the combined royalty business of PrairieSky. Before the Share Distribution, Canadian Natural has agreed not to sell or otherwise dispose, or agree to sell or otherwise dispose, of the Common Shares comprising the Share Consideration, subject to certain exceptions.
Canadian Natural Resources Limited acquires, explores for, develops, produces, markets, and sells crude oil, natural gas, and natural gas liquids (NGLs). The company offers light and medium crude oil, primary heavy crude oil, Pelican Lake heavy crude oil, bitumen, and synthetic crude oil (SCO).
Finally, Texas Instruments Incorporated (NASDAQ:TXN), lost -1.15%, and is now trading at $55.88.
Texas Instruments, introduced an audio operational amplifier (op amp) that sets the latest standard in audio performance. The OPA1622 is the newest addition to the company’s Burr-Brown™ Audio line and is the next generation of the widely adopted OPA1612. The new OPA1622 delivers high output power of up to 150 mW and extremely low distortion of -135 dB at 10 mW, enabling the highest performance for professional audio equipment. The OPA1622’s small size, low power consumption and low distortion can deliver high-fidelity audio in portable devices such as headphone amplifiers, smart phones, tablets and USB audio digital-to-analog converters (DACs). TI will demonstrate the OPA1622 at CES 2016.
Key features and benefits of the OPA1622 op amp
- Pushes the boundaries of audio quality: Headphone amplifier designers can take advantage of its low total harmonic distortion (THD) of -135 dB at 10-mW output power into a 32-Ω load – 12 times better than the nearest competitor. It also delivers maximum output power of up to 150 mW before clipping while maintaining the lowest THD and noise (THD+N), providing a clean signal path for professional audio applications.
- Optimized for high-fidelity portable audio devices: Consumes low quiescent current of 2.6-mA per channel and delivers high linear output current of 80 mARMS in a small, 3-mm-by-3-mm dual flat no-lead (DFN) package. Additionally, the raised power-supply rejection ratio (PSRR) of -97/-123 dB at 20 kHz enables low distortion from switching power supplies with no low-dropout regulator (LDO), saving board space without compromising audio performance.
- Unique pinout simplifies design and improves distortion performance: The OPA1622’s ground-referenced enable pin is directly controllable from the low-power processor’s general-purpose input/output (GPIO) pins without level-shifting circuits. Its innovative pinout improves printed circuit board (PCB) layout and enables exceptional distortion performance at high output power.
- Eliminates audible clicks and pops: A unique enable-circuitry design limits output transients when the OPA1622 is transitioning into or out of shutdown mode.
Texas Instruments Incorporated designs, manufactures, and sells semiconductors to electronics designers and manufacturers worldwide. It operates through two segments, Analog and Embedded Processing. The Analog segment offers high volume analog and logic products for automotive safety devices, touch screen controllers, low voltage motor drivers, and integrated motor controllers; and power administration products to enhance the efficiency of powered devices using battery administration solutions, portable power conversion devices, power supply controls, and point-of-load products.
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