On Thursday, Spirit Realty Capital, Inc (New) (NYSE:SRC)’s shares inclined 0.80% to $10.04.
Spirit Realty Capital, Inc. (SRC), a premier net lease real estate investment trust (REIT) that invests in single-tenant, operationally essential real estate, recently declared that it has released its second quarter financial and operating results for the three and six months ended June 30, 2015.
Spirit Realty Capital, Inc is a publicly traded real estate investment trust. The firm primarily acquires across the United States single tenant operationally essential real estate, which refers to generally free-standing, commercial real estate facilities where tenants conduct retail, service or distribution activities that are essential to the generation of their sales and profits.
Cloud Peak Energy Inc. (NYSE:CLD)’s shares gained 17.79% to $2.98.
Cloud Peak Energy Inc. (CLD), one of the largest U.S. coal producers and the only pure-play Powder River Basin (“PRB”) coal company, recently declared second quarter 2015 shipments and updated its annual Adjusted EBITDA guidance. Results for the second quarter and first six months of 2015 are predictable to be declared on July 29, 2015.
Second quarter 2015 shipments from the Company’s three mines were 16.0 million tons contrast to 20.6 million tons in the second quarter of 2014. For the full year 2015, the Company now anticipates shipments to be between 74 and 78 million tons.
Additionally, in connection with the preparation and review of Cloud Peak Energy’s financial statements for the second quarter of 2015, the Company determined it will incur a non-cash goodwill impairment charge of about $33.4 million for the Company’s 8400 Btu Cordero Rojo Mine, representing a full write down of the Cordero Rojo Mine’s goodwill as of June 30, 2015 due to the weak market outlook for 8400 Btu coal. The non-cash goodwill impairment charge is excluded from the Company’s EBITDA calculation for the purpose of determining compliance with covenants in its credit facility. Cloud Peak Energy will provide additional detail regarding the goodwill impairment charge in its second quarter 2015 financial results on July 29, 2015.
Cloud Peak Energy Inc., through its auxiliaries, produces coal in the Powder River Basin (PRB) and the United States. The company operates through Owned and Operated Mines, Logistics and Related Activities, and Corporate and Other segments. It produces and sells sub-bituminous thermal coal with low sulfur content primarily to electric utilities operating in the United States and internationally.
At the end of Thursday’s trade, Analog Devices, Inc. (NASDAQ:ADI)‘s shares dipped -3.01% to $58.87.
Analog Devices, Inc. introduced a quad-channel protector and two multiplexers offering +/-55-V overvoltage protection (OVP) for precision converters, amplifiers and other components that operate from a low voltage of 4.5 V up to 36 V. The ADG5462F quad channel protector, ADG5248F 8:1 multiplexer and ADG5249F differential 4:1 multiplexer offer +/-55-V OVP in power-on and power-off stages and provide robust, precision protection against hot-swapping and operator miss-use events, thereby protecting downstream analog components. By providing on-chip fault diagnostics, the new devices are the first in the industry to detect and avoid defective channels, which simplifies fault detection algorithms and improves system uptime. The new products maximize design flexibility by enabling users to define fault-trigger levels independent of primary supplies. By also removing the need for multiple discrete protection components, the ADG5462F, ADG5248F and ADG5249F optimize PCB area and simplify the design process. The devices are optimized for precision instrumentation, process control and avionics applications.
Analog Devices, Inc. engages in the design, manufacture, and marketing of analog, mixed-signal, and digital signal processing integrated circuits (ICs) for use in industrial, automotive, consumer, and communication markets worldwide. It offers signal processing products that convert, condition, and process real-world phenomena, such as temperature, pressure, sound, light, speed, and motion into electrical signals.
Ericsson (ADR) (NASDAQ:ERIC), ended its Thursday’s trading session with -1.33% loss, and closed at $10.35.
Ericsson (ERIC) is extending its long-term partnership with SoftBank Corp., one of Japan`s leading mobile operators, by adding joint field trials of 5G technology in Tokyo. The two companies will cooperate in developing a common understanding of 5G use cases and deployment scenarios, and will evaluate the performance of potential 5G key technology components in joint field trials in addition to to collaborate on 5G research projects.
The joint field trial will demonstrate ultra-high bit rates and ultra-low latency with the Ericsson 5G trial system by using a number of frequency bands.
5G will evolve the entire future communication eco-system, from devices to mobile access, IP core and into the cloud. Ericsson`s latest 5G test network initiatives focus on the interactions between mobile devices and the radio access network, in both indoor and outdoor scenarios.
Ericsson provides communications technology and services worldwide. The company’s Networks segment delivers products and solutions for mobile access, Internet protocol (IP) and transmission networks, core networks, and cloud. This segment offers radio access solutions; IP routing and transport solutions; transmission/backhaul solutions comprising microwave and optical transmission solutions for mobile and fixed networks; IP multimedia subsystem solutions; and operations support systems, in addition to supports operators administration of existing networks.
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