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Monday 29 June 2015
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Pre-Market News Alert on: Verizon Communications, (NYSE:VZ), Mobileye, (NYSE:MBLY), Cypress Semiconductor Corporation, (NASDAQ:CY)

On Thursday, Shares of Verizon Communications Inc. (NYSE:VZ), gained 0.32% to $47.44.

Verizon Communications, has declared a multi-year content licensing agreement with Scripps Networks Interactive, one of the world’s leading developers of lifestyle video content, for Verizon’s mobile first video offering. The agreement comprises content from Scripps Networks Interactive brands counting Food Network, HGTV, Travel Channel, DIY Network and Cooking Channel and will be accessible to Verizon Wireless customers later this year.

More than 45 compelling lifestyle series will be accessible for streaming on the mobile first video offering counting House Hunters, (HGTV), Cutthroat Kitchen (Food Network), Bizarre Foods, (Travel Channel), Rehab Addict (DIY Network) and My Grandmother’s Ravioli (Cooking Channel).

Verizon Communications Inc., through its auxiliaries, provides communications, information, and entertainment products and services to consumers, businesses, and governmental agencies worldwide.

Shares of Mobileye N.V. (NYSE:MBLY), inclined 4.47% to $55.41, during its last trading session, after analysts at CLSA initiated coverage on shares of the maker of driver assistance systems.

Mobileye was initiated with a “buy” rating and a $67 price target by CLSA analysts.

The firm projects sales to grow 50% or more through 2020.

Mobileye N.V., together with its auxiliaries, designs and develops software and related technologies for camera-based advanced driver assistance systems primarily in Israel. It operates through two segments, Original Equipment Manufacturing and After Market.

Finally, Cypress Semiconductor Corporation (NASDAQ:CY), ended its last trade with -0.65% loss, and closed at $12.28.

Cypress Semiconductor Corporation, declared that Huawei, a leading global information and communications technology solutions provider, has selected Cypress’s TrueTouch® capacitive touchscreen solution for its next-generation MediaPad X2 tablet PC. The MediaPad X2 utilizes the TrueTouch TMA568 controller’s industry-leading gloved finger tracking, robust water tolerance and easy-wake gestures for its sleek 7-inch touchscreen display. Users can make calls, surf the web, play games, take pictures and use other key features even if they are wearing thick gloves or the screen is wet. In addition, the easy-wake gestures feature enables users to perform a double-tap gesture to quickly activate the device from sleep mode.

The MediaPad X2 is the industry’s thinnest tablet with a 7-inch display at just 7.18 mm thick, enabled in part by the TrueTouch solution’s capability to support ultra-thin stackup layers in the touchscreen. The MediaPad X2’s high-resolution display delivers a crisp and dynamic visual experience, together with a flawless response to touch commands. TrueTouch enables best-in-class tracking of fingers in gloves of various materials and thicknesses, and automatically switches between glove and finger tracking without requiring the user to switch settings. TrueTouch employs the industry’s highest tolerance to water and immunity to electronic noise from aftermarket chargers and displays, enabling accurate touch input for the MediaPad X2 in environments where competing solutions experience false and missed touches.

Cypress Semiconductor Corporation provides mixed-signal programmable solutions, semiconductor memories, and integrated semiconductor solutions worldwide. The company’s Memory Products division designs and manufactures static random access memory (SRAM) products and nonvolatile RAMs used to store and retrieve data in networking, wireless infrastructure and handsets, computation, consumer, automotive, industrial, and other electronic systems; and general-purpose programmable clocks.

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