On Wednesday, Western Digital Corp (NASDAQ:WDC)’s shares inclined 4.62% to $78.63.
WD®, a Western Digital® (WDC) company, and world leader in storage solutions, recently declared the expansion of its award-winning WD Red Pro hard drive line with the release of 5 TB and 6 TB capacities. The WD Red Pro family is ideal for NAS (network attached storage) systems having up to 16 drive bays and serving businesses with more expansive storage needs than the standard WD Red drives.
Shipping now, WD Red Pro 5 and 6 TB drives leverage an improved design and 128 MB cache to deliver data transfer rates of 214 megabytes per second (MB/s). WD’s NASware™ 3.0 features technology promoting data protection, high NAS performance and reliable integration.
WD Red Pro 6 TB hard drives feature the following:
Up to 16 Bay Shock Protection – Equipped with a multi- axis shock sensor, the drive automatically detects subtle shock events and, together with dynamic fly height technology, adjusts each read-write function to compensate and protect the data, further protecting the drive in large 1- to 16-bay NAS environments.
NASware 3.0 – Exclusive advanced firmware enables seamless integration, robust data protection and optimal performance for systems operating in the demanding NAS environment.
Vibration Protection – Hardware vibration compensation technology monitors the drive to correct both linear and rotational vibration in real time, further increasing drive reliability and enabling high performance in higher vibration systems caused from drive to drive vibration in addition to from the high speed fans used to cool the larger systems.
Western Digital Corporation, together with its auxiliaries, engages in the development, manufacture, sale, and provision of data storage solutions that enable consumers, businesses, governments, and other organizations to create, manage, experience, and preserve digital content worldwide. The company’s product portfolio comprises hard disk drives (HDDs), solid-state drives (SSDs), direct attached storage solutions, personal cloud network attached storage solutions, and public and private cloud data center storage solutions.
Fastenal Company (NASDAQ:FAST)’s shares gained 2.92% to $38.08.
The Fastenal Company (the “Company”) of Winona, MN (FAST) installed an additional FAST Solutions(R) industrial vending machine within the Terex(R) Mixer manufacturing plant in Fort Wayne, Indiana. Given how many vending devices (machines and lockers) Fastenal installs during a typical business day, it was a commonplace event … except in one regard: that particular machine represented the 50,000th FAST Solutions device conpresently installed at Fastenal customer sites worldwide.
This milestone would have seemed unthinkable in 2008 when Fastenal displayed two prototype machines at its annual customer expo, signaling the debut of its vending program. At the time, industrial vending (dispensing high-demand shop consumables at the point of use) was still very much a niche technology, mainly due to the high cost of the machines and the labor required to manage them. The breakthrough was Fastenal’s ability to provide machines and lockers as part of a low-cost, full-service inventory administration solution, leveraging its network of 2,600-plus stores to keep the devices continually filled with the right supplies to meet customers’ changing needs.
Fastenal sells different types of industrial and construction supplies in the following product categories: threaded fasteners and miscellaneous supplies; tools; metal cutting tool blades and abrasives; fluid transfer components and accessories for hydraulic and pneumatic power; material handling; storage and packaging products; janitorial, chemical and paint products; electrical supplies; welding supplies; safety supplies; metals, alloys and materials; and office supplies.
At the end of Wednesday’s trade, Motorola Solutions Inc (NYSE:MSI)‘s shares surged 4.48% to $63.15.
Motorola Solutions (MSI) declared that it has commenced a modified “Dutch Auction” tender offer to repurchase shares of its common stock for an aggregate purchase price of up to $2 billion (subject to a customary enhance if the tender offer is oversubscribed).
Motorola Solutions stockholders may tender all or a portion of their shares (1) at a price specified by the tendering stockholder of not less than $61.00 per share and not more than $66.50 per share or (2) without specifying a purchase price, in which case their shares will be purchased at the purchase price determined in accordance with the tender offer. When the tender offer expires, Motorola Solutions will determine the lowest price within the range of prices specified above that allows it to purchase up to an aggregate of $2 billion of its common stock.
Motorola Solutions, Inc. provides mission-critical communication infrastructure, devices, software, and services in North America, Latin America, the Asia Pacific, the Middle East, Europe, and Africa. The company operates in two segments, Products and Services. The Products segment offers a portfolio of network infrastructure, devices, accessories, and software for government, public safety and first-responder agencies, municipalities, and commercial and industrial customers.
NextEra Energy Inc (NYSE:NEE), ended its Wednesday’s trading session with 1.89% gain, and closed at $101.63.
NextEra Energy Capital Holdings, Inc. declared that it will conduct a remarketing of its Series F Debentures due Sept. 1, 2017 (the “Debentures”) (CUSIP No. 65339K AE0), which are presently outstanding in the aggregate principal amount of $650 million, on Aug. 5, 2015 (and, if necessary, on the following two business days). The Debentures were originally issued as part of NextEra Energy, Inc.’s Corporate Units (CUSIP No. 65339F 887) on Sept. 11, 2012 (the “Corporate Units”) in conjunction with a Purchase Contract Agreement, dated as of Sept. 1, 2012 (the “Purchase Contract Agreement”). The Debentures are guaranteed by NextEra Energy Capital Holdings’ parent company, NextEra Energy, Inc. (NEE).
NextEra Energy, Inc., through its auxiliaries, generates, transmits, and distributes electric energy in the United States and Canada. The company generates electricity from gas, oil, solar, coal, petroleum coke, nuclear, and wind sources. As of December 31, 2014, it served about 9 million people through about 4.7 million customer accounts in the east and lower west coasts of Florida.
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