On Friday, Nuance Communications Inc. (NASDAQ:NUAN)’s shares declined -1.48% to $16.65.
Nuance Communications, Inc. (NUAN) declared that its Dragon Drive connected car platform is powering the natural language interface of Mercedes-Benz’ suite of connected applications and services. Mercedes-Benz drivers now have a more intuitive means of staying connected behind the wheel, using their voice to access various apps and services. Select models will feature the new connected voice experience starting in September 2015.
Nuance Communications, Inc. provides voice and language solutions for businesses and consumers worldwide. It offers hosted and on-premise solutions and services that provide platforms to generate and distribute clinical documentation through the use of dictation and transcription features; clinical documentation improvement programs; and speech recognition solutions for radiology, cardiology, pathology, and related specialties enabling healthcare providers to dictate, edit, and sign reports without manual transcription.
Kellogg Company (NYSE:K)’s shares gained 1.47% to $68.22.
Kellogg Company’s longstanding commitment to diversity and inclusion has been recognized by several organizations this year, with Working Mother again naming Kellogg one of its “100 Best Companies” for a fifth time.
In developing its list of the best, Working Mother evaluated Kellogg and other companies in the areas of paid time off and leaves; workplace profile; benefits; women’s issues and advancement; flexible work; company culture; and work life programs.
Among the many Kellogg professionals balancing home and work is Wendy Davidson, President, U.S. Specialty Channels. As a mother, wife and executive, Wendy shares more about herself and her family in this month’s issue of Working Mother magazine.
Wendy is not alone in leveraging the flexible work options accessible to Kellogg employees. These comprise Flex-time and Commuting and Kellogg recently expanded the benefit to now comprise Commuter and Location Free.
Kellogg Company, together with its auxiliaries, manufactures and markets ready-to-eat cereal and convenience foods. The company operates through U.S. Morning Foods, U.S. Snacks, U.S. Specialty, North America Other, Europe, Latin America, and Asia Pacific segments. Its principal products comprise ready-to-eat cereals and convenience foods, such as cookies, crackers, savory snacks, frozen foods, toaster pastries, cereal bars, fruit-flavored snacks, frozen waffles, and veggie foods, in addition to health and wellness business bars, and beverages.
At the end of Friday’s trade, NRG Yield, Inc. Class C (NYSE:NYLD)‘s shares dipped -5.26% to $12.80.
NRG Yield, Inc. (NYSE:NYLD) declared it has reached an agreement with NRG to acquire 75% of the equity interests in a portfolio of wind projects comprising primarily of assets attained by NRG from Edison Mission Energy in April 2014 (EME Wind Portfolio) for $210 million in total cash consideration, subject to working capital adjustments, plus assumed project debt of about $145 million and tax equity of about $97 million (as of August 1, 2015 on a pro rata basis).
The Company anticipates these assets to deliver about $41 million of Adjusted EBITDA and $21 million of cash accessible for distribution (CAFD) on a run-rate basis1 and provide incremental geographical and counterparty diversification. At closing, the portfolio is predictable to have an average contracted life of about 11 years2 and an average offtaker credit rating of A33. The transaction is predictable to close in the fourth quarter, subject to receipt of third party consents and other closing conditions.
NRG Yield, Inc., through its auxiliaries, acquires, owns, and operates contracted renewable and conventional generation, and thermal infrastructure assets in the United States. As of December 31, 2014, it had 4 natural gas or dual-fired facilities, 4 thermal generation facilities, 11 utility-scale solar and wind generation facilities, and 2 portfolios of distributed solar facilities with a capacity of about 2,984 net megawatt (MW).
Qihoo 360 Technology Co Ltd (NYSE:QIHU), ended its Friday’s trading session with -0.72% loss, and closed at $48.55.
Qihoo 360 Technology Co. Ltd. (QIHU), a leading Internet company in China, declared that it has reached a contract with Coolpad Group Limited (2369.HK) to adjust their respective shareholding in Coolpad E-Commerce Inc., a joint venture between the Company and Coolpad set up in December 2014 to focus on mobile terminal products that are distributed through Internet as the primary channel.
Under the agreement, the joint venture will redeem a portion of the shares held by Coolpad in consideration of the joint venture transferring back to Coolpad certain Internet operating assets related to “Coolpad” branded smartphones that Coolpad had formerly contributed to the joint venture. As a result, Coolpad’s equity stake in the joint venture will be reduced to 25% from 50.5%, and the Company’s equity stake in the joint venture will be raised to 75% from 49.5%.
Qihoo 360 Technology Co. Ltd., through its auxiliaries, provides Internet services in the People’s Republic of China. The company operates through Internet Services and Others segments.
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