Search
Tuesday 26 May 2015
  • :
  • :
Latest Update

Intraday Movers: Applied Materials, Inc. (NASDAQ:AMAT), Kinder Morgan, Inc. (NYSE:KMI), Carnival Corporation (NYSE:CCL), FMC Technologies, Inc. (NYSE:FTI)

On Tuesday, Shares of Applied Materials, Inc. (NASDAQ:AMAT), lost -0.99% to $19.99.

Applied Materials, declared its Applied Endura® Cirrus(TM) HTX PVD* system with breakthrough technology for patterning copper interconnects at 10nm and beyond. As chip features continue to shrink, innovations in hardmask are required to preserve the pattern integrity of tightly packed, tiny interconnect structures. With the introduction of this technology, Applied enables scaling of the TiN* metal hardmask - the industry`s material of choice - to meet the patterning needs of copper interconnects in advanced microchips.

This breakthrough in TiN hardmask is made possible by precision materials engineering at the wafer level to produce a high density, low-stress film. Combining exceptional film thickness uniformity with low defectivity on a proven Endura platform, the Cirrus HTX system addresses the stringent high volume manufacturing needs of patterning multiple interconnect layers.

Applied Materials, Inc. provides manufacturing equipment, services, and software to the semiconductor, flat panel display, solar photovoltaic (PV), and related industries worldwide. The company’s Silicon Systems Group segment develops, manufactures, and sells a range of manufacturing equipment used to fabricate semiconductor chips or integrated circuits.

Shares of Kinder Morgan, Inc. (NYSE:KMI), inclined 0.07% to $42.86, during its last trading session.

Kinder Morgan, declared it received notification that the Georgia Department of Transportation (Georgia DOT) declined its application for a Certificate of Public Convenience and Necessity associated with the projected Palmetto Pipeline.

The projected Palmetto Pipeline will enable refined petroleum products to be transported from Baton Rouge, Louisiana, Collins and Pascagoula, Mississippi, and Belton, South Carolina, to North Augusta, South Carolina, Savannah, Georgia, and Jacksonville, Florida. The system will have a design capacity of up to 167,000 barrels per day and will comprise of a segment of expansion capacity that Palmetto will lease from Plantation Pipe Line Company between Baton Rouge, Louisiana, and Belton, South Carolina. A new 360-mile pipeline from Belton, South Carolina, to Jacksonville, Florida, will also be constructed as part of the system. Kinder Morgan companies have an 80-year history of doing business in Georgia, safely operating more than 3,000 miles of pipelines across 85 Georgia counties, and employing 300 people within the state. When approved, this about $1 billion project will generate about 1,200 temporary construction jobs, 28 permanent full-time positions, and result in projected revenue to state and local taxing bodies of over $12 million annually.

Kinder Morgan, Inc. operates as an energy infrastructure and energy company in North America. The company operates through Natural Gas Pipelines, CO2, Terminals, Products Pipelines, Kinder Morgan Canada, and Other segments. The Natural Gas Pipelines segment owns and operates interstate and intrastate natural gas pipeline and storage systems; natural gas and crude oil gathering systems, and natural gas processing and treating facilities; and natural gas liquids fractionation facilities and transportation systems.

At the end of Tuesday’s trade, Shares of Carnival Corporation (NYSE:CCL), gained 0.94% to $48.11.

Taking a cruise vacation isn’t just for stepped down old fogeys or people who want to party and get drunk. And Carnival Corporation, whose Princess line played a prominent role in popular 1970s TV show The Love Boat, isn’t too big or behind-the-times to boost its profits.

At least these are several of the myths Carnival CEO Arnold Donald, who has been at the helm of the world’s largest cruise line since July 2013, is seeking to dispel.

Carnival Corporation operates as a cruise company worldwide. It provides vacations to various cruise destinations. The company offers cruise services under the Carnival Cruise Lines, Holland America Line, Princess Cruises, and Seabourn brand names in North America; and AIDA Cruises, Costa Cruises, Cunard, and P&O Cruises names in Europe, Australia, and Asia.

Finally, FMC Technologies, Inc. (NYSE:FTI), ended its last trade with -1.11% loss, and closed at $41.16.

FMC Technologies, declared that its Board of Directors has designated Douglas J. Pferdehirt President of the company. Pferdehirt assumes this responsibility from John T. Gremp who remains Chairman and Chief Executive Officer.

Pferdehirt formerly served as Executive Vice President and Chief Operating Officer. He will assume the role of President right away, while retaining his position as Chief Operating Officer, responsible for leading the company’s three business segments.

Pferdehirt has an extensive background in the oil and gas industry. Before joining FMC Technologies in 2012, he had a successful 26-year career with Schlumberger Limited where he held a number of leadership positions.

FMC Technologies, Inc. provides technology solutions for the energy industry worldwide. The company operates through Subsea Technologies, Surface Technologies, and Energy Infrastructure segments. The Subsea Technologies segment offers subsea systems for the offshore production of crude oil and natural gas; and well access and flow administration services, counting installation and workover tools, service technicians for installation assistance, and field support services.

DISCLAIMER:

This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.

All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.

Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified through the use of such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should/might occur.




Leave a Reply

Your email address will not be published. Required fields are marked *