During Tuesday’s Current trade, Shares of Comerica Incorporated (NYSE:CMA), gain 1.71% to $41.55.
Comerica Bank and RocketSpace declared the launch of a business pitch contest focused on financial technology for the wearables market. Comerica Bank is the presenting sponsor, providing the full prize amount of $50,000 for the winning pitch.
Applications will be accepted through September 16, 2015. The five finalists will be declared on September 30th. Those finalists will compete in a “live” pitch event will be held at RocketSpace, the largest and leading technology ecosystem in the San Francisco Bay Area on October 29, 2015. The judging panel will comprise of executives from Comerica Bank’s Technology and Life Sciences Division, RocketSpace, and leading VCs. The winner will walk away with a check for $50,000.
Comerica Incorporated, through its auxiliaries, provides various financial products and services. It operates through three segments: Business Bank, Retail Bank, and Wealth Administration. The Business Bank segment offers various products and services, such as commercial loans and lines of credit, deposits, cash administration, capital market products, international trade finance, letters of credit, foreign exchange administration services, and loan syndication services to middle market businesses, multinational corporations, and governmental entities.
Shares of ARM Holdings plc (ADR) (NASDAQ:ARMH), inclined 5.29% to $42.12, during its current trading session.
ARM Holdings plc (ADR) (ARMH) has signed an expansive long-term graphics technology agreement with Samsung to enable the creation of next generation devices capable of delivering even more compelling visual experiences. The subscription license covers ARM® Mali™ graphics processing units (GPUs) counting the Mali-T820/830/860, the recently declared Mali-T880 and all future Mali GPUs.
This long term contract with ARM allows Samsung to continue creating innovative products addressing a range of price and performance points to meet the evolving needs of multiple markets. Samsung is already utilizing ARM Mali technology in SoCs powering an impressive range of leading consumer products.
ARM Holdings plc, together with its auxiliaries, designs microprocessors, physical intellectual property (IP), and related technology and software. The company also sells development tools that enhance the performance of embedded applications. Its products comprise microprocessor cores that comprise of specific functions, such as video, graphics, and display technology IP; and physical IP components for the design and manufacture of integrated circuits, which comprise embedded memory, standard cell, and input/output components.
NiSource Inc. (NYSE:NI), during its Tuesday’s current trading session gained 0.42% to $16.59.
Columbia Gas of Ohio, headquartered in Columbus, is one of the seven energy-distribution companies of NiSource Inc. (NI). Columbia Gas of Ohio has unleashed its new safety mascot, Digger Dog®.
Digger Dog®, a friendly beagle with a wagging tail, huge smile and a yellow safety vest, educates the public about the importance of calling 811 before digging, in addition to what to do if you smell natural gas.
NiSource Inc., an energy holding company, provides natural gas, electricity, and other products and services in the United States. The company offers natural gas service and transportation to residential, commercial, and industrial customers; generates, transmits, and distributes electricity; and provides wholesale and transmission transaction services.
Finally, Scientific Games Corp (NASDAQ:SGMS), gained 2.92%, to $10.23.
Scientific Games Corporation (SGMS) stated results for the second quarter ended June 30, 2015.
The Company also recorded the following $9.2 million of aggregate charges in the 2015 second quarter that are not in the table above nor comprised of as add-backs to AEBITDA:
- An incremental charge of $2.7 million for bad debt expense related to recent customer bankruptcies;
- Incremental inventory write-downs of $1.2 million due to excess and obsolete inventory;
- Legal costs of $2.0 million associated with legal settlements; and
- Accrual of $3.3 million related to Northstar Lottery Group, LLC (“Northstar Illinois”), which has signed a term sheet with the State of Illinois to settle their dispute regarding the termination of a private administration agreement. Scientific Games recorded its share of the projected settlement, of which $2.0 million was recorded as a reduction of earnings from equity investments and $1.3 million as a reduction in instant games revenue. The parties are negotiating a final settlement agreement based on the term sheet.
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