On Tuesday, Suncor Energy Inc. (USA) (NYSE:SU)’s shares inclined 1.66% to $27.49.
Suncor Energy Inc. (USA) (SU) declared that it has reached a contract with TransAlta Corporation to exchange Suncor’s Kent Breeze and its share of the Wintering Hills wind power facilities for TransAlta’s Poplar Creek cogeneration facilities. The Poplar Creek facilities provide steam and power for Suncor’s Oil Sands Base site in Fort McMurray Alberta.
As part of the agreement, Suncor will acquire two steam turbine generators, transmission and distribution infrastructure, counting the interconnection to the Alberta power grid, and the balance of plant assets at the 376 megawatt (MW) Poplar Creek cogeneration facility. Additionally, under a contract with TransAlta until 2030, Suncor will assume operating control of two gas turbine generators and heat recovery steam generators at Poplar Creek. Following 2030, ownership of the gas turbine generators and heat recovery steam generators will transfer to Suncor.
Suncor Energy Inc. operates as an integrated energy company. The company primarily focuses on developing petroleum resource basins in Canada’s Athabasca oil sands; explores, acquires, develops, produces, and markets crude oil and natural gas in Canada and internationally; transports and refines crude oil; markets petroleum and petrochemical products primarily in Canada; and markets third party petroleum products. It operates in Oil Sands; Exploration and Production; Refining and Marketing; and Corporate, Energy Trading, and Eliminations segments.
21Vianet Group Inc (NASDAQ:VNET)’s shares dropped -10.14% to $16.39.
Server Farm Realty, LLC (SFR), one of the nation’s most innovative, privately-owned data center developers, and 21Vianet Group, Inc. (VNET), (“21Vianet”), a leading carrier-neutral Internet data center services provider in China, recently declare a planned partnership to offer data center infrastructure and services, network connectivity, and cloud and Information and Communications Technology (ICT) solutions to support multinational companies’ IT infrastructure deployment and business development in China in addition to the U.S.
Under this partnership and with support from Server Farm Realty, 21Vianet also launches its first U.S. data center, US-SV1, in Santa Clara, CA. The companies’ successful partnership on this newly built data center facility in Silicon Valley provides advanced data center architecture and enterprise-class solutions in support of Chinese customers.
On this platform, 21Vianet and SFR have successfully delivered a first customer project in Santa Clara for a leading cloud computing solution provider from China. This project, which held an official service launch event on June 12, 2015, plays a key role for the customer’s launching of its first full cloud services suite in the United States with the support by 21Vianet and SFR.
21Vianet Group, Inc. provides carrier-neutral Internet data center services to Internet companies, government entities, blue-chip enterprises, and small- to mid-sized enterprises in the People’s Republic of China. It offers hosting and related services to house servers and networking equipment in its data centers, and connects them through a data transmission network; and other hosting related value-added services. The company’s hosting and related services comprise managed hosting services that offer data center space to customers servers and networking equipment and provide tailored server administration services; and interconnectivity services that allow customers to connect their servers with Internet backbones and other networks through its border gateway protocol network or single-line, dual-line, or multiple-line network.
At the end of Tuesday’s trade, Integrated Device Technology Inc (NASDAQ:IDTI)‘s shares dipped -1.00% to $20.86.
Integrated Device Technology, Inc. (IDT®) (IDTI) declared the expansion of its VersaClock® 5 family of programmable clock generators with new devices that simplify the creation of PCI Express® clocks while providing the flexible outputs for which VersaClock is known. The new members of the high-performance VersaClock 5 family feature dedicated low-power HCSL (LP-HCSL) outputs that reduce board space and bill of materials (BOM) by providing an integrated clock generation and distribution solution for PCIe designs.
Integrated Device Technology, Inc. designs, develops, manufactures, and markets a range of semiconductor solutions for the communications, computing, and consumer industries worldwide. It operates in two segments, Communications, and Computing and Consumer. The Communications segment offers communication timing products, such as clocks and timing solutions; flow-control administration devices comprising Serial RapidIO switching solutions; multi-port products; telecommunications products; static random access memory products; first in and first out memories; digital logic products; radio frequency products; and MEMS oscillator solutions.
Time Warner Inc (NYSE:TWX), ended its Tuesday’s trading session with -0.06% loss, and closed at $87.37.
Time Warner Inc. (TWX) will report its 2015 second-quarter results on Wednesday, August 5, 2015, before the market opens. Senior management will host a conference call beginning at 10:30 a.m. ET to discuss the results.
Time Warner Inc. operates as a media and entertainment company in the United States and internationally. It operates through three segments: Turner, Home Box Office, and Warner Bros. The Turner segment owns and operates a portfolio of cable television networks and related properties that offer entertainment, sports, kids, and news programming on television and digital platforms for consumers. It operates about 165 channels in 200 countries. This segment also manages and operates various digital media properties primarily compriseing of Websites, counting bleacherreport.com, cartoonnetwork.com, CNN.com, CNNMoney.com, NBA.com, and NCAA.com; and licenses original programming to subscription-video-on-demand (SVOD) services, and its brands and characters for consumer products.
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