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Sunday 31 May 2015
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Morning’s Trade Losers - Marvell Technology Group, (NASDAQ:MRVL), Huntsman Corporation, (NYSE:HUN), United Continental Holdings, (NYSE:UAL), Red Hat, (NYSE:RHT)

On Tuesday, in the course of current trade, Shares of Marvell Technology Group Ltd. (NASDAQ:MRVL), dropped -1.62%, and is now trading at $13.94.

Marvell Technology, declared its next-generation industry-leading 88MZ300 802.15.4/ZigBee wireless microcontroller system-on-chip (SoC), the newest member of Marvell’s wireless microcontroller family of Internet of Things solutions. The high-performance, low-power, cost-effective SoC offers superior radio frequency (RF) performance that more than doubles the transmission range and reduces power consumption by 50 percent over Marvell’s previous generation 88MZ100 SoC, while maintaining the least amount of external components due to the high integration in silicon. Together with its support for open standards, counting the forthcoming ZigBee 3.0 and Thread protocols, the 88MZ300 SoC, together with a ZigBee to Wi-Fi bridge reference design and an ecosystem of hardware manufacturers and system integration partners, it enables original equipment manufacturers (OEMs) to rapidly bring new, innovative IoT applications to market. The 88MZ300 SoC is sampling now.

Key features comprise:

  • 120dBm link-budget with 13dBm integrated PA and -107dBm receiving sensitivity
  • Best-in-class Wi-Fi coexistence performance with 56dBc WiFi ACI
  • 26mA transmitting current at 13dBm, 8.5mA receiving current and 1uA standby with memory retention
  • On-chip 512kB Flash and 164.5kB SRAM
  • QFN-32 package measures at 5mm by 5mm

Typical applications/markets comprise:

  • Connected lighting
  • Smart appliances
  • Sensors
  • Home/building automation
  • Retailer electronic shelf labels (ESL)
  • Remote controllers
  • Industrial controls

Marvell Technology Group Ltd. designs, develops, and markets analog, mixed-signal, digital signal processing, and embedded and standalone integrated circuits. It offers mobile and wireless products comprising communications and applications processors; thin modems.

During Morning trade, Shares of Huntsman Corporation (NYSE:HUN), dipped -0.09%, and is now trading at $23.17.

Huntsman Corporation declared:

  • Adjusted EBITDA was $285 million contrast to $329 million in the preceding year period. The decrease was primarily attributable to an estimated adjusted EBITDA impact of about $60 million from a planned maintenance outage at our Port Neches, Texas facility, partially offset by earnings from the performance additives and titanium dioxide businesses that we attained from Rockwood.
  • Adjusted diluted income per share was $0.40 contrast to $0.43 in the preceding year period.
  • Net income attributable to Huntsman Corporation was $5 million contrast to net income of $54 million in the preceding year period.
  • The stronger U.S. dollar reduced adjusted EBITDA by an estimated $17 million contrast to the preceding year period.

Huntsman Corporation, together with its auxiliaries, manufactures and sells differentiated organic and inorganic chemical products worldwide. The company operates in five segments: Polyurethanes, Performance Products, Advanced Materials, Textile Effects, and Pigments and Additives.

Shares of United Continental Holdings, Inc. (NYSE:UAL), during its Tuesday’s current trading session fell -2.15%, and is now trading at $59.61.

United Continental Holdings, over the past two weekends capped off a decade of supporting the March of Dimes in its mission to provide families across the country with care and valuable information on pregnancy and having healthy babies. Thousands of United employees, friends and family came out to represent the airline and take part in March for Babies walk events across the U.S. And thanks in large part to employee fundraising efforts, the airline flew past its $1.2 million fundraising aim for 2015 and is on track to double that by the end of the campaign.

Over the past 10 years, United employees have contributed more than $7 million to the March of Dimes and have walked more than 40,000 miles in March for Babies events nationwide.

“United employees are doing a remarkable job of giving more babies a healthy start in life. The March of Dimes thanks them for their leadership in raising funds to support research and other much-needed programs for families in their communities and across the nation,” said March of Dimes President Dr. Jennifer L. Howse.

United Continental Holdings, Inc., together with its auxiliaries, provides air transportation services in North America, the Asia-Pacific, Europe, the Middle East, Africa, and Latin America. It transports people and cargo through its mainline operations, which use jet aircraft with at least 118 seats, and its regional operations.

Finally, Red Hat, Inc. (NYSE:RHT), lost -0.27% Tuesday.

On April 23, Red Hat declared the general availability of Red Hat Developer Toolset 3.1, Red Hat’s selection of some of the latest, stable open source C and C++ compilers and complementary development tools. Accessible through the Red Hat Enterprise Linux Developer Program and related subscriptions, Red Hat Developer Toolset 3.1 streamlines application development on the world’s leading enterprise Linux platform, enabling developers to compile applications once and deploy across multiple versions of Red Hat Enterprise Linux.

New to Red Hat Developer Toolset 3.1 are:

  • GNU Compiler Collection (GCC) 4.9.2, the latest stable upstream version of GCC, which provides numerous improvements and bug fixes
  • Eclipse 4.4.2 with support for Java 8 and updated versions of Eclipse CDT (8.6), Eclipse Linux Tools (3.2), Eclipse Mylyn (3.14.2), and Eclipse EGit/JGit (3.6.1)
  • Additional updated packages, counting GDB 7.8.2, elfutils 0.161, memstomp 0.1.5, SystemTap 2.6, Valgrind 3.10.1, Dyninst 8.2.1, and ltrace 0.7.91.

Red Hat, Inc. provides open source software solutions to enterprise customers worldwide. It develops and offers operating system, virtualization, middleware, storage, and cloud technologies.

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