On Wednesday, C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW)’s shares declined -1.83% to $62.60.
C.H. Robinson Worldwide, Inc. (CHRW) declared that its Board of Directors recently declared a regular quarterly cash dividend of 38 cents ($0.38) per share, payable on June 30, 2015, to shareholders of record on June 5, 2015.
C.H. Robinson has distributed regular dividends for more than twenty-five years. As of May 7, 2015, there were about 145,837,224 shares outstanding.
C.H. Robinson Worldwide, Inc., a third party logistics company, provides freight transportation services and logistics solutions to companies in various industries worldwide.
PROFILE
Flowserve Corp (NYSE:FLS)’s shares dropped -0.04% to $53.68.
Flowserve Corp (FLS) a leading provider of flow control products and services for the global infrastructure markets, declared the release of its new self-priming, diaphragm Flowserve Scienco CT6 pump. Engineered for use with chemical mixing and dispensing from mini-bulk tanks, drums and intermediate bulk containers (IBCs), the pump`s six-chamber diaphragm design provides users a higher flow rate than existing products in the market and features wetted parts compatible with a wide range of agricultural chemicals. “Across all our served industries, customers expect a premier product from Flowserve. For the agricultural industry, the CT6 pump clearly meets this expectation,” said Bob Hendricks, President, Industrial Pump Operations. “The design of the CT6 is simplistic and user-friendly. And, with its high level of performance and reliability, it is an ideal transfer pump for recently`s larger application equipment.” The CT6 can pump up to 68 liters per minute (18 gallons per minute) and is used primarily to dispense fluids from bulk or mini-bulk tanks, intermediate bulk containers, drums and other similar applications. It can be configured with a variety of flow meters, hoses, brackets, dip tubes, fittings and valves to provide a complete pumping system. Other features of the CT6 pump comprise:
- Standard duty, up to 49 lpm (13gpm) and High Flow option, up to 68 lpm (18gpm).
- Fully configurable with various mounting options to provide a pumping system solution to match the customer`s application.
- Patent-pending feature for recirculation agitates the tank contents to a homogeneous distribution allowing each batch to be dispensed with the same potency.
Flowserve Corporation designs, manufactures, distributes, and services industrial flow administration equipment worldwide. The company operates through three segments: Engineered Product Division (EPD), Industrial Product Division (IPD), and Flow Control Division (FCD). The EPD segment offers custom and other engineered pumps and pump systems, mechanical seals, auxiliary systems, replacement parts, and related equipment and services, in addition to manufactures gas-lubricated mechanical seals used in high-speed compressors.
At the end of Wednesday’s trade, Applied Optoelectronics Inc (NASDAQ:AAOI)‘s shares surged 6.73% to $19.20.
Applied Optoelectronics Inc (AAOI) a leading provider of fiber-optic access network products for the internet datacenter, cable broadband, and fiber-to-the-home markets, declared the introduction of laser diodes operating at a data rate of up to 25 Gigabits per second (Gbps).
The new Distributed Feedback (DFB) lasers are designed for next-generation datacenters, where interconnect speeds of 25 Gbps will enable higher data throughput, reduced power consumption, and reduced size.
AOI’s proprietary laser manufacturing process, utilizing advanced Molecular Beam Epitaxy, is conducted in-house at a state-of-the-art semiconductor fab in Sugar Land, TX.
Applied Optoelectronics, Inc. designs and manufactures optical communications products for Internet data center, cable television (CATV), and fiber-to-the-home markets. It offers optical modules, optical transceivers, lasers, transmitters, and turn-key equipment, in addition to headend, node, and distribution equipment. The company sells its products to CATV and telecommunications equipment manufacturers, and Internet service providers through its direct and indirect sales channels worldwide. Applied Optoelectronics, Inc. was founded in 1997 and is headquartered in Sugar Land, Texas.
Expeditors International of Washington (NASDAQ:EXPD), ended its Wednesday’s trading session with -1.84% loss, and closed at $47.04.
Expeditors International of Washington (EXPD) declared the appointment of Daniel R. Wall to the position of President, Global Products. Mr. Wall will assume the Company’s product leadership role presently held by R. Jordan Gates. On April 1, 2015 the Company declared Mr. Gates’ intention to retire in 2015. His retirement will become effective on July 31, 2015.
Mr. Wall started his 28-year career at Expeditors as a messenger responsible for clients’ Customs documents in the Seattle branch office in 1987. During the course of his career, he has held many positions counting the District Manager of the Company’s Denver and Seattle offices, Global Director of Account Administration, and the position he presently holds as the Company’s Senior Vice President responsible for Ocean Services and Order Administration.
Expeditors International of Washington, Inc. provides logistics services. The company’s services comprise air and ocean freight consolidation and forwarding, customs clearance, warehousing and distribution, purchase order administration, vendor consolidation, time-definite transportation services, cargo insurance, and other logistics solutions. It acts as a freight consolidator or as an agent for the airline, which carries the shipment.
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