On Tuesday, CIT Group Inc. (NYSE:CIT)’s shares declined -0.48% to $47.97.
CIT Group Inc. (CIT), cit.com, a leading provider of commercial lending and leasing services, today announced that CIT Real Estate Finance provided a $44.7 million senior secured loan to Garrison Investment Group, a leading middle market asset-based and real estate investor. The loan is secured by a portfolio of 11 shopping centers located in Ohio and Indiana. Financing was provided by CIT Bank, the U.S. commercial bank subsidiary of CIT. Terms of the transaction were not disclosed.
CIT Group Inc. operates as the holding company for CIT bank that provides commercial financing and leasing products; and a suite of savings options in the United States. Its Transportation & International Finance segment offers leasing and financing solutions to operators and suppliers in the aviation and railcar industries. It offers aircraft leasing, lending, asset administration, and advisory services to airlines; and term loans, leases, pre-delivery financing, fractional share financing, and vendor/manufacturer financing for corporate and private owners of business jets.
TASER International, Inc. (NASDAQ:TASR)’s shares dropped -1.45% to $32.59.
TASER International (TASR) declares Evidence.com for prosecutors, a new platform that enables prosecutors to manage any type of digital evidence shared from their law enforcement partners for free on a Standard License. The First Circuit of Florida State Attorney’s Office has signed a five year contract for 250 prosecutor licenses, which will allow them to better manage the tidal wave of digital evidence that is being generated from police body cameras and other digital devices.
Through early trials, more than 7 terabytes of data from more than 8,000 cases have been shared between prosecutors and local police agencies on the Evidence.com platform. With the Standard Prosecutor License prosecutors receive free unlimited data storage for all evidence shared with them, which allows jurisdictions to experience the full benefits of body-worn video while minimizing the technical challenges posed by new forms of evidence. In addition to receiving digital evidence from law enforcement, prosecutors will be able to electronically provide discovery and enact their own retention policies and audit controls. Accessible for $39 per user per month, prosecutors can purchase a Pro License, which unlocks premium features like redaction, advanced reporting, and other enterprise features.
TASER International, Inc. develops, manufactures, and sells conducted electrical weapons (CEWs) worldwide. It operates through two segments, TASER Weapons and AXON. The companys CEW products transmit electrical pulses along the wires and into the body affecting the sensory and motor functions of the peripheral nervous system. It offers three hand-held CEW product lines, counting TASER X26P and TASER X2, which integrates with EVIDENCE.com; and TASER X26.
At the end of Tuesday’s trade, D.R. Horton, Inc. (NYSE:DHI)‘s shares surged 0.25% to $28.34.
D.R. Horton, Inc. (DHI), America’s Builder, declared that the Company will release financial results for its third fiscal quarter ended June 30, 2015 on Tuesday, July 28, 2015 before the market opens. The Company will host a conference call that morning at 10:00 a.m. Eastern Time (ET). The dial-in number is 877-407-8033. Participants are encouraged to call in five minutes before the call starts (9:55 a.m. ET). The call will also be webcast from the Company’s website at investor.drhorton.com.
A replay of the call will be accessible after 2:00 p.m. ET on July 28, 2015 at 877-660-6853. When calling, please reference the conference ID #13612787. The replay will also be accessible from the Company’s website at investor.drhorton.com.
D.R. Horton, Inc. operates as a homebuilding company. It is engaged in the acquisition and development of land; and construction and sale of residential homes in 27 states and 79 markets in the United States under the names of D.R. Horton, Americas Builder, Express Homes, Emerald Homes, Breland Homes, Regent Homes, and Crown Communities. The company constructs single-family detached homes; and attached homes, such as town homes, duplexes, triplexes, and condominiums.
Magnachip Semiconductor Corp (NYSE:MX), ended its Tuesday’s trading session with 7.26% gain, and closed at $8.57.
MagnaChip Semiconductor Corporation (MX), a Korea-based designer and manufacturer of analog and mixed-signal semiconductor products, declared recently that it has started the co-development of an automotive MCU process with ABOV Semiconductor, Automotive Electronic Systems and Semiconductors Lab. of UNIST (Ulsan National Institute of Science and Technology) and Analog & Mixed Signal Integrated Circuit Lab. of SNU (Seoul National University) using MagnaChip’s 0.18 micron automotive process.
MagnaChip plans to develop MCU products with ABOV, a fabless semiconductor company specializing in MCU products, using MagnaChip’s 0.18 micron automotive process. The launch of this co-development project with ABOV will strengthen and expand MagnaChip’s position in the automotive MCU market. Using MagnaChip’s 0.18 micron automotive process, MagnaChip and ABOV plan to jointly develop IP and MCU products qualified under condition AEC Q100 Grade 0.
MagnaChip Semiconductor Corporation, together with its auxiliaries, designs and manufactures analog and mixed-signal semiconductor products for consumer, computing, communication, industrial, automotive, and Internet of things applications worldwide. It offers display solution products, such as source and gate drivers, and timing controllers that cover a range of flat panel displays used in ultra-high definition, high definition, full high definition, light emitting diode (LED), 3D, and organic light emitting diode televisions and displays, notebooks, and mobile communications and entertainment devices.
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