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Saturday 13 June 2015
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Pre-Market News Analysis on: Intersil (NASDAQ:ISIL), U.S. Silica Holdings (NYSE:SLCA), Kellogg Company (NYSE:K), Banco Bilbao Vizcaya Argentaria SA (NYSE:BBVA)

On Friday, Intersil Corp (NASDAQ:ISIL)’s shares inclined 0.90% to $13.41.

Intersil Corp (ISIL) declared the TW9992 analog video decoder, which features an integrated MIPI-CSI2 output interface that provides compatibility with the newest SoC processors. The decoder’s MIPI-CSI2 interface simplifies design by making it easier to interface with SoCs, while also lowering the system’s EMI profile. The TW9992 decoder takes both single-ended and differential composite video inputs from a vehicle’s backup safety camera, and is the latest addition to Intersil’s video decoder product family for automotive applications.

Designed with built-in diagnostics and superior video quality, the TW9992 addresses the biggest challenges faced by automotive video systems. For example, the decoder’s Automatic Contrast Adjustment (ACA) image enhancement feature overcomes a major challenge for backup camera systems by adapting to rapidly changing lighting conditions. ACA is able to automatically boost up or reduce the brightness/contrast of an image for greater visibility and safety.

In addition, vehicle backup cameras typically employ differential twisted pair cables that require designers to use an operational amplifier (op amp) in front of the video decoder to convert the differential signal to single-ended. The TW9992 decoder eliminates the need for an external op amp by supporting direct differential CVBS inputs, thus reducing system cost and board space. The built-in short-to-battery and short-to-ground detection capability on each differential input channel further enhances video performance and automotive system reliability.

Intersil Corporation designs and develops power administration and precision analog integrated circuits (ICs) for industrial and infrastructure, consumer, and computing markets. The company offers various power IC solutions for battery administration, processor power administration, and display power administration, counting power regulators, converters, and controllers, in addition to integrated power modules.

U.S. Silica Holdings Inc (NYSE:SLCA)’s shares gained 2.82% to $32.80.

U.S. Silica Holdings Inc (SLCA) released its 2014 Sustainability Report, Intersections, detailing the accomplishments over the past year that contributed to the Company’s success in reaching key targets in safety, environmental protection and community support.

The fifth annual Sustainability Report details how the Company’s sustainability efforts intersect with every facet of its business, counting U.S. Silica’s commitment to community investment, employee safety and environmental stewardship. U.S. Silica reached noteworthymilestones in 2014, cementing its status as an industry leader while paving the way for continued innovation and success.

U.S. Silica Holdings, Inc. produces and sells commercial silica in the United States. It operates through two segments, Oil & Gas Proppants, and Industrial & Specialty Products. The company offers whole grain commercial silica products to be used as fracturing sand in connection with oil and natural gas recovery, in addition to sells its whole grain silica products in various size distributions, grain shapes, and chemical purity levels for manufacturing glass products.

At the end of Friday’s trade, Kellogg Company (NYSE:K)‘s shares dipped -1.30% to $61.45.

Kellogg Company (K) has improved its Family Rewards Program as part of its sales boosting initiative. Members will no longer have to enter the product codes while buying, thus making the shopping experience easier.

Moreover, other U.S. Kellogg brands are now participating in Kellogg’s Family Rewards. These brands comprise Pringles, Murray and Murray Sugar Free cookies, Kellogg’s Origins cereal, Keebler Ready Crusts pie crusts, and Cheez-It Crunch’D.

Kellogg’s Family Rewards Program is an important part of the company’s sales boosting strategy. It drives customer engagement with and loyalty toward the brands they buy. Per market research firm Nielsen, more than 60% of U.S. households base their purchase decisions on the loyalty programs offered by the company.

The research also reveals that customers find it difficult to redeem the points on their loyalty cards. This has been duly addressed by Kellogg’s loyalty program. The upgraded technology will link Kellogg’s Family Rewards with U.S. retailer frequent shopper cards and add the points to the respective cards, thereby eliminating the need for codes.

Kellogg has been struggling to grow sales over the past two years, mainly due to weak performance by cereals in its developed markets and U.S. snacks businesses as a result of lower demand.

Kellogg Company, together with its auxiliaries, manufactures and markets ready-to-eat cereal and convenience foods. The company operates through U.S. Morning Foods, U.S. Snacks, U.S. Specialty, North America Other, Europe, Latin America, and Asia Pacific segments. Its principal products comprise ready-to-eat cereals and convenience foods, such as cookies, crackers, savory snacks, frozen foods, toaster pastries, cereal bars, fruit-flavored snacks, frozen waffles, and veggie foods, in addition to health and wellness business bars, and beverages.

Banco Bilbao Vizcaya Argentaria SA (ADR) (NYSE:BBVA), ended its Friday’s trading session with -0.99% loss, and closed at $9.97.

Banco Bilbao Vizcaya Argentaria SA (ADR) (BBVA) Compass economists estimate the economic impact of the severe rainfall that left many parts of the Houston metropolitan area underwater last month could range from $200 million to $550 million.

The estimate comprises damage to housing, structures and cars, in addition to the total value of lost economic activity and sales tax revenues from May 25-26. Thousands of the city’s structures were damaged as a result of the flooding, with parts of Southwest Houston receiving up to 11 inches of rain.

The estimate is preliminary, with damages still being tallied — it’s unknown how much it will cost to repair the Southwest Wastewater Treatment Plant, for instance.

The damage outside of the greater Houston area was substantial as well, with 70 counties — 28 percent of total counties in Texas — declared disaster areas.

Banco Bilbao Vizcaya Argentaria, S.A. engages in the retail banking, wholesale banking, asset administration, and private banking businesses primarily in Spain, Eurasia, Mexico, South America, and the United States. It offers deposit products, counting personal accounts, housing accounts, savings accounts, deposit accounts, etc.; and loan products, such as personal loans, mortgages, etc.; credit cards; investment products comprising mutual funds, warrants, and pension plans; and telephone and on-line banking services, in addition to ATMs for individual customers.

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Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

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