On Friday, Great Basin Scientific Inc (NASDAQ:GBSN)’s shares declined -6.83% to $0.0518.
Great Basin Scientific, Inc. (GBSN), a molecular diagnostics company, declared recently that it has retained Roth Capital Partners as financial advisor to assist in a restructuring of the Company’s Series C Warrants. The Series C Warrants were issued as part of the Unit offering the Company accomplished on March 2, 2015. The Company is also preparing to file a proxy statement and hold a special shareholder meeting to seek approval to effect a reverse stock split and authorize additional common shares to meet its obligation to deliver common shares under the cashless exercise provision of the Series C Warrants.
Great Basin Scientific, Inc., a molecular diagnostic testing company, doing business as Great Basin Corporation, develops and commercializes molecular diagnostic systems that are designed to test hospital-attained infections. The company’s platform provides C. diff test, a rapid medical diagnostic test for the detection of C. diff, a gram-positive bacteria that causes severe diarrhea and other intestinal disorders. It also provides Group B streptococcus test, which is used to detect Group B streptococcus from an anal/vaginal swab of a pregnant woman.
Starbucks Corporation (NASDAQ:SBUX)’s shares dropped -0.77% to $56.84.
Starbucks launched one of its biggest fall lineups in its Canadian history, featuring more than a dozen new offerings counting the return of the iconic – and now more pumpkin-y – Starbucks® Pumpkin Spice Latte (PSL™/mc); the availability of new Starbucks® Single Origin Sumatra Coconut Beverage; and a brand new selection of premium lunch and pastry offerings giving Canadians more delicious reasons to enjoy food at Starbucks.
Big News for the Beloved PSL™/mc
Back for its 12th season, Pumpkin Spice Latte returns this year with that great taste customers know and love, this time made with real pumpkin and without caramel colouring. PSL™/mc is still the perfectly handcrafted signature espresso beverage made with steamed milk, rich and creamy pumpkin sauce, and warm seasonal spices such as cinnamon, ginger, nutmeg and clove, finished with a dollop of whipped cream and Starbucks® pumpkin spice topping. PSL™/mc is customizable to meet customers’ unique taste preferences and is accessible hot, iced or as a Frappuccino® blended beverage.
Starbucks Corporation operates as a roaster, marketer, and retailer of specialty coffee worldwide. The company operates in four segments: Americas; Europe, Middle East, and Africa; China/Asia Pacific; and Channel Development. The company’s stores offer coffee and tea beverages, packaged roasted whole bean and ground coffees, single serve products, and juices and bottled water.
At the end of Friday’s trade, Atmel Corporation (NASDAQ:ATML)‘s shares dipped -2.15% to $7.27.
Atmel® Corporation (ATML), a leader in microcontroller (MCU) and touch technology solutions, recently declared the company has expanded its robust portfolio of automotive-qualified maXTouch® touchscreen controllers with the mXT641T family. The new family is optimized for capacitive touchpads and touchscreens from 5 to 10 inches. These mXT641T devices are the industry’s first auto-qualified self- and mutual-capacitance controllers meeting the AEC-Q100 standards for high reliability in harsh environments.
The automotive-qualified maXTouch mXT641T family incorporates Atmel’s Adaptive Sensing technology to enable dynamic touch classification, a feature that automatically and intelligently switches between self- and mutual-capacitance sensing to provide users a seamless transition between a finger touch, hover, or glove touch. It eliminates the need for users to manually enable ‘glove mode’ in the operating system to differentiate between hover and glove modes. Adaptive Sensing is also resistant to water and moisture and ensures superior touch performance even in these harsh conditions.
The new devices support stringent automotive requirements counting hover and glove support in moist and cold environments, thick lens for better impact resistance, and single-layer shieldless sensor designs in automotive center consoles, navigation systems, radio interfaces and rear-seat entertainment systems. The single-layer shieldless sensor design eliminates additional screen layers, delivering better light transparency resulting in lower power consumption together with an overall lower system cost for the manufacturer.
Atmel Corporation designs, develops, manufactures, and sells semiconductor integrated circuit products primarily in the United States, Asia, Europe, South Africa, and Central and South America. It operates in four segments: Microcontroller, Nonvolatile Memory, Automotive, and Multi-Market and Other.
Spectra Energy Corp. (NYSE:SE), ended its Friday’s trading session with -2.04% loss, and closed at $27.92.
Spectra Energy Corporation SE has withdrawn itself from the auction for the acquisition of rival pipeline company Williams Companies Inc. WMB. Per sources, this has raised the chances of Energy Transfer Equity LP ETE finally purchasing the company.
In June, Williams put itself up for auction after rejecting an acquisition proposal from Energy Transfer Equity. The offer was valued at $53.1 billion, which comprised of assumption of the Williams’ debt at the time. The projected deal, however, was dependent upon Williams’ plans to call off the acquisition of the portion of its pipeline partner Williams Partners LP WPZ that was not already owned by it for $14 billion.
The proposal was rejected by Williams it undervalued the company. No details have been revealed so far by the representatives for Williams, Spectra and Energy Transfer Equity.
Williams’ board met last weekend to evaluate all options counting buyout offers received in August. Per sources, Williams is still indecisive about remaining independent or selling itself to Energy Transfer Equity.
Spectra Energy Corp, through its auxiliaries, owns and operates a portfolio of natural gas-related energy assets in North America. The company’s Spectra Energy Partners segment engages in the transmission, storage, and gathering of natural gas, in addition to transportation and storage of crude oil and natural gas liquids (NGLs) for customers in various regions of the midwestern, northeastern, and southeastern United States and Canada.
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