During Friday’s Morning trade, Shares of Micron Technology, Inc. (NASDAQ:MU), lost -0.22% to $15.57.
Micron Technology, declares the production of 8GB DDR4 NVDIMM, the company`s first commercially available solution in the persistent memory category. Persistent memory delivers a unique balance of latency, bandwidth, capacity and cost, delivering ultra-fast DRAM-like access to critical data and allowing system designers to better manage overall costs. With persistent memory, system architects are no longer forced to sacrifice latency and bandwidth when accessing critical data that must be preserved.
As data centers evolve to handle the massively growing influx of data, the cost of moving data and storing it away from the CPU becomes increasingly prohibitive, creating the need for a new generation of faster, more responsive solutions. Persistent memory, a new addition to the memory hierarchy, allows greater flexibility in data administration by providing non-volatile, low latency memory closer to the processor. With NVDIMM technology, Micron delivers a powerful persistent memory solution capable of meeting many of recently`s biggest computing challenges.
Micron`s NVDIMM starts to address some of the difficult architectural challenges facing CIOs recently, and is ideal for applications such as big data analytics, storage appliances, RAID cache, In-Memory Databases and On Line Transaction Processing. Traditional memory architectures force system architects to sacrifice latency or bandwidth needed to access the critical data for these applications, and as a result, performance is often limited by I/O bottlenecks. Micron`s NVDIMM solutions deliver architectures suited to meet the demands of applications that require high performance coupled with frequent access to large data sets while being sensitive to down time. In the event of a power failure or system crash, Micron`s NVDIMM solution provides an onboard controller that safely transfers data stored in DRAM to the onboard non-volatile memory, thereby preserving the data that would otherwise be lost.
Shares of Micron Technology, Inc. (NASDAQ:MU), declined -0.26% to $15.57, during its current trading session.
Micron Technology, declares the production of 8GB DDR4 NVDIMM, the company`s first commercially available solution in the persistent memory category. Persistent memory delivers a unique balance of latency, bandwidth, capacity and cost, delivering ultra-fast DRAM-like access to critical data and allowing system designers to better manage overall costs. With persistent memory, system architects are no longer forced to sacrifice latency and bandwidth when accessing critical data that must be preserved.
As data centers evolve to handle the massively growing influx of data, the cost of moving data and storing it away from the CPU becomes increasingly prohibitive, creating the need for a new generation of faster, more responsive solutions. Persistent memory, a new addition to the memory hierarchy, allows greater flexibility in data administration by providing non-volatile, low latency memory closer to the processor. With NVDIMM technology, Micron delivers a powerful persistent memory solution capable of meeting many of recently`s biggest computing challenges.
Micron`s NVDIMM starts to address some of the difficult architectural challenges facing CIOs recently, and is ideal for applications such as big data analytics, storage appliances, RAID cache, In-Memory Databases and On Line Transaction Processing. Traditional memory architectures force system architects to sacrifice latency or bandwidth needed to access the critical data for these applications, and as a result, performance is often limited by I/O bottlenecks. Micron`s NVDIMM solutions deliver architectures suited to meet the demands of applications that require high performance coupled with frequent access to large data sets while being sensitive to down time. In the event of a power failure or system crash, Micron`s NVDIMM solution provides an onboard controller that safely transfers data stored in DRAM to the onboard non-volatile memory, thereby preserving the data that would otherwise be lost.
Finally, Shares of Scorpio Tankers Inc. (NYSE:STNG), lost -1.25%, and is now trading at $8.72.
Scorpio Tankers Inc., declares updates of its New building Program and Fleet, and a commitment for a new loan facility.
New building Program
The Company’s options to construct an additional four MR product tankers, expiring in December, will not be exercised. The Company has presently contracted for 12 newbuilding product tankers (eight MR and four LR2 tankers). The four LR2s are predictable to be delivered in 2016 (one per quarter), and the eight MRs are predictable to be delivered throughout 2017.
Fleet
In November 2015, the Company exercised its option to extend the charter of an LR2 that is presently time chartered-in for one year at $22,600 effective February 2016.
The Company presently time charters-in 11 product tankers (two LR2, two LR1, four MR, and three Handymax tankers), and has one LR2 on a bareboat charter, which the Company is planned to purchase in April 2016.
In addition, the Company presently owns 79 product tankers (18 LR2, 14 Handymax, and 47 MR tankers) with an average age of 1.2 years
Commitment of New Loan Facility
The Company has received a commitment from a leading international financial institution for a loan facility of up to $36.0 million. The loan facility will be used to refinance the existing indebtedness on one LR2 product tanker (2015 built), has a final maturity of three years from the drawdown date and bears interest at LIBOR plus a margin of 1.50% per annum. The loan facility is subject to customary conditions precedent and the execution of definitive documentation.