On Tuesday, Infinera Corp. (NASDAQ:INFN)’s shares declined -5.76% to $18.01.
Infinera Corp. (INFN) and Arista Networks, Inc. (NYSE: ANET), declared a technology alliance to deliver scalable, turn-key metro and regional Cloud networking solutions that combine high-performance datacenter switching together with high-capacity, low-power, rack and stack optical transport for datacenter interconnect applications for Internet content providers, enterprises and service providers.
The solution integrates Arista’s 7000 series switching portfolio with the Infinera Cloud Xpress to deliver an interoperable solution designed for the datacenter and Cloud networking markets.
Infinera Corporation provides optical transport networking equipment, software, and services for telecommunications service providers, Internet content providers, cable operators, wholesale and enterprise carriers, research and education institutions, and government entities worldwide.
Synergy Pharmaceuticals Inc (NASDAQ:SGYP)’s shares dropped -5.75% to $3.44.
Synergy Pharmaceuticals Inc (SGYP) declared that its Chairman and Chief Executive Officer, Gary S. Jacob, Ph.D., will present a corporate update at the UBS Global Healthcare Conference on Wednesday May 20th at 12:00pm (EDT) at the Sheraton New York Times Square Hotel in New York City.
Synergy Pharmaceuticals Inc., a biopharmaceutical company, focuses on the development of drugs to treat gastrointestinal (GI) disorders and diseases. Its lead product candidate is plecanatide, a guanylyl cyclase C receptor agonist that is in Phase III clinical trials to treat chronic idiopathic constipation GI disorders; and for the treatment of constipation-predominant irritable bowel syndrome GI disorders.
At the end of Tuesday’s trade, Avon Products, Inc. (NYSE:AVP)‘s shares dipped -11.87% to $7.20.
Avon Products, Inc. (AVP) declared a regular quarterly dividend of $.06 per common share, payable June 1, 2015, to shareholders of record on May 14, 2015.
Avon is the company that for more than 125 years has stood for beauty, innovation, optimism and, above all, for women. Avon, with nearly $9 billion in annual revenue, has products that are sold through 6 million active independent Avon Sales Representatives worldwide.
Avon Products, Inc. manufactures and markets beauty and related products worldwide. It offers beauty products, such as skincare, and personal care products, in addition to fragrances and color cosmetics; and fashion and home products comprising of jewelry, watches, apparel, footwear, accessories, gift and decorative products, housewares, entertainment and leisure products, children’s products, and nutritional products.
MDU Resources Group Inc (NYSE:MDU), ended its Tuesday’s trading session with -5.59% loss, and closed at $20.93.
MDU Resources Group Inc (MDU) reported first quarter consolidated adjusted earnings of $22.8 million, or 12 cents per share, compared to $35.6 million, or 19 cents per share for the first quarter of 2014. On a GAAP basis the company reported a loss of $306.1 million, or $1.57 per share, compared to first quarter 2014 earnings of $56.5 million, or 30 cents per share. GAAP results reflect a $315.3 million after-tax noncash write-down of oil and natural gas properties pertaining to a quarterly ceiling test.
MDU Resources Group, Inc. operates as a diversified natural resource company in the United States. The company’s Electric segment generates, transmits, and distributes electricity in Montana, North Dakota, South Dakota, and Wyoming.
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