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Wednesday 14 October 2015
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Mix Active Stock News: Xerox (NYSE:XRX), Ruckus Wireless (NYSE:RKUS), Thoratec (NASDAQ:THOR)

Finally, Xerox Corp (NYSE:XRX), ended its last trade with 3.71% gain, and closed at $10.35.

Xerox (XRX) and Mitsubishi Heavy Industries (MHI), both leaders in transportation solutions, recently signed a Memorandum of Understanding to explore, globally, on a case-by-case basis, potential joint Intelligent Transport System (ITS) opportunities.

The parties will focus on electronic toll collection, highway traffic administration, telematics and intelligent urban parking in which Xerox has proficiency in back-end software and operations, predominantly in the Americas and Europe, while MHI has strength in front-end hardware and maintenance, predominantly in Japan and Asia.

Xerox Corporation provides business process and document administration solutions worldwide. The company’s Services segment offers various business process outsourcing services, such as customer care, transaction processing, human resources, communication and marketing, and consulting and analytics services, in addition to finance, accounting, and procurement services .

Shares of Ruckus Wireless Inc (NYSE:RKUS), surged 0.08% to $13.18, during its last trading session. The share price of this stock traded recently in a range of $12.93 to $13.38. The company now has a market value of $1.15 billion.

Ruckus Wireless, Inc. (RKUS) declared that it will host an investor webcast to talk about its recently introduced Ruckus UnleashedTM access points, based on a new controller-less architecture. Greg Beach, vice president, product administration, will present the features and positioning of Ruckus’ controller-less architecture followed by a Q&A session. The webcast will be accessible at Ruckus’ Investor Relations website, http://investors.ruckuswireless.com.

Ruckus Wireless, Inc. provides carrier-class Wi-Fi solutions to service providers and enterprises worldwide. It provides gateways, controllers, and access points with related software and services.

On Wednesday, Shares of Thoratec Corporation (NASDAQ:THOR), lost -0.02% to $63.45. The stock attained the volume of 7.79 million shares.

horatec Corporation (THOR), a world leader in mechanical circulatory support therapies to save, support and restore failing hearts, declared recently that all proposals necessary for St. Jude Medical, Inc.’s acquisition of Thoratec Corporation were approved by Thoratec Corporation’s shareholders at its shareholder meeting held recently.

As formerly declared, on July 21, 2015, Thoratec and St. Jude Medical reached a definitive agreement by which St. Jude Medical will acquire Thoratec. Under the terms of the transaction, Thoratec shareholders will receive $63.50 in cash for each Thoratec share.

Thoratec Corporation, together with its auxiliaries, develops, manufactures, and markets proprietary medical devices used for mechanical circulatory support for the treatment of heart failure patients.

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