On Tuesday, Shares of ARM Holdings plc (ADR) (NASDAQ:ARMH), lost -1.76% to $43.01.
The FIDO, an industry consortium launched in 2013 to revolutionize online security with open standards for simpler, stronger authentication, recently introduced the FIDO Cooperation & Liaison Program, inviting associations worldwide to provide their requirements and perspectives to influence development of FIDO standards for universal strong authentication and to learn how their stakeholders can best apply the FIDO standards to their market’s need for moving beyond password security.
The FIDO Cooperation & Liaison Program responds to a critical need for partnershipamong global not-for-profit associations. These organizations serve a range of industry-specific or region-specific requirements for technology, especially online privacy and security. The first FIDO liaison partners comprise Biometrics Institute, Bluetooth SIG, Electronic Transactions Association (ETA), GlobalPlatform, International Biometrics & Identification Association (IBIA), National Cyber Security Alliance, OpenID Foundation, Open Mobile Alliance (OMA), SmartCard Alliance and W3C.
“We invite every opportunity to work closely with associations of stakeholders that share a common need for better online authentication and open industry standards,” said Brett McDowell, FIDO Alliance executive director. “We welcome our liaison partners and congratulate them on their initiative in joining us in this shared mission as they serve their own members’ need to innovate and establish new industry best practices for safe and easy access to online services from any device.”
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.
Shares of Flowers Foods, Inc. (NYSE:FLO), inclined 0.53% to $26.33, during its last trading session.
Flowers Foods, declared it has accomplished the acquisition of Alpine Valley Bread Company, a family-owned, U.S. producer of certified organic and all natural breads, for $120 million in cash and stock. Alpine Valley Bread Company will operate as an independent partner of Flowers Foods.
“Alpine Valley has a great team, delicious products, and a proven warehouse distribution platform in place to support the strong growth of their organic brands,” said Allen L. Shiver, Flowers Foods’ president and chief executive officer. “We’re looking forward to ongoing that growth with this noteworthyaddition to our organic business.”
Flowers Foods, Inc. produces and markets bakery products in the United States. It operates through two segments, Direct-Store-Delivery (DSD) and Warehouse Delivery.
Finally, KBR, Inc. (NYSE:KBR), ended its last trade with -1.44% loss, and closed at $19.11.
KBR, declared it has been awarded two indefinite-delivery/indefinite quantity (IDIQ) contracts by the U.S. Government for construction services worldwide.
KBR has been awarded a $249.5 Million Indefinite Delivery Indefinite Quantity (IDIQ) contract supporting various military installations by the U.S. Army Corps of Engineers, Europe District, out of Wiesbaden, Germany. KBR was selected together with five other firms to provide design and construction services for up to five years under the IDIQ contract.
KBR was also awarded a $95 Million fixed-price IDIQ multiple award task order contract for renovation work within U.S. embassy facilities worldwide. This five-year contract, which provides upgrades to tenant facilities, was awarded by the U.S. Army Corps of Engineers, Omaha District, as the contracting entity.
KBR, Inc. operates as an engineering, procurement, construction, and services company worldwide. The company operates through three segments: Technology and Consulting, Engineering and Construction, and Government Services.
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