On Wednesday, Shares of ON Semiconductor Corp (NASDAQ:ON), lost -1.58% to $9.95.
In 1960, Hamilton Electro Sales and Motorola Inc. signed a contract that would not only make history as the world’s first semiconductor distribution contract, but would also grow into one of the most enduring supply chain relationships in the electronics sector. Avnet, Inc. (NYSE: AVT), a leading global technology distributor, and ON Semiconductor (NASDAQ: ON), driving energy-efficient innovations, recently marked the signing of that historic contract—and the thousands of innovative customer solutions for which it paved the way.
For the past five-plus decades, Avnet, which attained Hamilton in 1962, and ON Semiconductor, spun off from Motorola in 1999, have continued to drive the advancement and proliferation of high-performance power semiconductor technology in global markets counting automotive, communication, computing, and consumer, medical, industrial, mobile phone and military/aerospace. In 2015, Avnet shipped over 8 billion ON Semiconductor components, representing more than 18 percent of ON Semiconductor’s distributor sales and about 9 percent of ON Semiconductor’s global revenue.
“As we commemorate the continued strength and success of the Avnet-ON Semiconductor relationship, I think about all of the extraordinary customer achievements we have had the privilege to facilitate as a result of our enduring cooperation and our mutual commitment to design and supply chain excellence,” said Ed Smith, president, Avnet Electronics Marketing Americas. “What’s most exciting to me is the knowledge that our shared vision for driving innovation in emerging technologies like the Internet of Things, will only fortify the unique history we share for years and decades to come.”
ON Semiconductor Corporation manufactures and sells semiconductor components for various electronic devices worldwide. It operates in four segments: Application Products Group, Image Sensor Group, Standard Products Group, and System Solutions Group.
Shares of Procter & Gamble Co (NYSE:PG), declined -0.31% to $80.07, during its last trading session.
The People’s Choice Awards and CBS declared that Abigail Spencer, Adam Devine, Amber Valletta, Betsy Brandt, Britney Spears, Cheyenne Jackson, Chris D’Elia, Christina Milian, Clark Gregg, Colin Hanks, Connor Franta, Dakota Johnson, Ed Westwick, Gina Rodriguez, Jack Black, John Stamos, Josh Holloway, Kate Hudson, Kunal Nayyar, Lea Michele, Maddie Ziegler, Marcia Gay Harden, Mayim Bialik, Meagan Good, Meghan Trainor, Melissa Benoist, Melissa Rauch, Mike Epps, Ming-Na Wen, Nia Long, Natalie Dormer, Priyanka Chopra, Raza Jaffrey, Taylor Kinney, Vin Diesel and the Pink Ladies of “Grease: Live” (Carly Rae Jepsen, Julianne Hough, Keke Palmer, Kether Donohue and Vanessa Hudgens) will attend the 2016 awards show, live from the Microsoft Theater in Los Angeles, Wednesday, January 6, 2016, on the CBS Television Network (9:00-11:00 PM, ET/delayed PT).
Talent joins Shawn Mendes and Jason Derulo, who were formerly declared as performers at the 2016 show, and host Jane Lynch. The People’s Choice Awards are the only major awards show where fans determine the nominees and winners across categories of movies, music, television and digital.
The Procter & Gamble Company, together with its auxiliaries, manufactures and sells branded consumer packaged products worldwide. It operates through five segments: Beauty, Hair and Personal Care; Grooming; Health Care; Fabric Care and Home Care; and Baby, Feminine and Family Care.
Finally, Iconix Brand Group Inc (NASDAQ:ICON), ended its last trade with 5.82% gain, and closed at $6.18.
On Monday, December 28, 2015, Nasdaq Composite ended at 5,040.99, down 0.15%, Dow Jones Industrial Average declined 0.14%, to finish the day at 17,528.27, and the S&P 500 closed at 2,056.5, down 0.22%.
Iconix Brand Group Inc.’s stock edged lower by 23.89% to close Monday’s session at USD 5.67. The stock closed below its 50-day and 200-day moving averages of USD 6.75 and USD 15.12, respectively. The company’s shares oscillated between USD 5.34 and USD 6.59, marking a new 52-week low during the session. The stock recorded a trading volume of 12.79 million shares, which was above its 50-day daily average volume of 2.98 million shares and above its 52-week average volume of 1.58 million shares. Over the last three days, Iconix Brand Group Inc.’s shares have declined by 20.92% and in the past one week, the stock has moved down 15.88%. Further, the company is trading at a price to earnings ratio of 3.12 and at a price to book ratio of 0.37. This compares to a historical PE and historical PB ratio of 12.69 and 1.77, respectively. Additionally, the stock is trading at a price to cash flow ratio of 2.39.
Iconix Brand Group, Inc., a brand administration company, owns, licenses, and markets a portfolio of consumer brands across women’s, men’s, entertainment, and home primarily in the United States and internationally.
