On Tuesday, Shares of General Electric Company (NYSE:GE), gained 0.47% to $27.55.
Building on several years of work with Cascade Technologies, Inc., General Electric Company (GE), has declared a multi-year joint development agreement with this Palo Alto-based company. The partnership will focus on applying and improving simulation software that enables engineers to virtually look inside a gas turbine as it operates and gain a better understanding of the turbulent fluid, chemical and acoustic processes occurring within advanced, low-emissions gas-turbine combustion systems.
The gas turbine combustion process involves multiple steps at high speed. Contrast to other digital modelling techniques, Cascade simulation software enables better visualization of the combustion process so engineers can understand more about the subtle changes that occur. It’s like looking at the world through a slow-motion video as compared to a time-lapse snapshot.
This visualization is made possible by unique code software that can be scaled to run on national laboratory super-computers and at other high-performance computing facilities. The code allows GE and Cascade teams to simulate the combustion process with microsecond time fidelity and sub-millimeter resolution, while generating petabytes of data.
General Electric Company (GE) operates as an infrastructure and financial services company worldwide. The company’s Power and Water segment offers gas, steam and aeroderivative turbines, nuclear reactors, generators, combined cycle systems, controls, and related services; wind turbines; and water treatment services and equipment.
Shares of Sonic Corp. (NASDAQ:SONC), declined -10.26% to $30.71, during its last trading session.
Sonic Corp., declared results for the third fiscal quarter ended May 31, 2015.
Key highlights of the company’s third quarter of fiscal year 2015 comprised of:
- Net income per diluted share was $0.38 contrast with net income per diluted share of $0.30 in the preceding-year period; not taking into account tax adjustments of $1.1 million, or $0.02 per share in the third fiscal quarter of 2015, earnings per share would have been $0.36, an enhance of 20% from the preceding-year same period;
- System same-store sales raised 6.1%, compriseing of a 6.1% same-store sales enhance at franchise drive-ins and an enhance of 5.5% at company drive-ins; and
- Company drive-in margins improved by 100 basis points.
Sonic Corp. operates and franchises a chain of quick-service drive-in restaurants in the United States. As of March 13, 2015, the company operated 3,517 restaurants in 44 states. It also leases signs and real estate. The company was founded in 1953 and is headquartered in Oklahoma City, Oklahoma.
Finally, KB Home (NYSE:KBH), ended its last trade with 0.06% gain, and closed at $16.68.
KB Home, declared the grand opening of Palo Alto at Stonegate Village, an exclusive collection of stylish single-family residences situated in one of Orange County’s most desirable master-planned communities. Located in the City of Irvine, home to some of the largest employers, highest safety-rated neighborhoods and most respected schools in Southern California, KB Home’s Palo Alto community offers homebuyers the opportunity to live in a well-established area consistently recognized as one of the best places to live in the country.
Homeowners at KB Home’s Palo Alto will have access to an array of resort-style amenities, counting sport courts, a tot lot, barbecue areas, seven parks and four pools, with lush walking and biking pathways that wind through the scenic village. Parents at KB Home’s Palo Alto at Stonegate can be proud to send their students to highly-rated educational institutions within the award-winning Irvine Unified School District.
Located close to the 241 and 133 toll roads, and the 5 and 405 freeways, KB Home’s Palo Alto offers convenient travel for quick commutes to surrounding employment centers or leisurely trips throughout Southern California and beyond.
KB Home operates as a homebuilding company in the United States. It constructs and sells various homes, counting attached and detached single-family residential homes, townhomes, and condominiums primarily for first-time, move-up, and active adult homebuyers under the name KB Home.
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