During Friday’s trade, Shares of Prudential Financial Inc (NYSE:PRU), lost -2.80% to $81.48.
The National Association for Female Executives, NAFE, has named Valerie Mauriello, Vice President of Risk Administration, as a 2015 Women of Excellence Award recipient in the Mentor category. “The impressive 2015 NAFE Women of Excellence awardees comprise individuals who are exceptional at their jobs and notable for ensuring the success of women and girls,” says Dr. Betty Spence, NAFE president. “These awards spotlight unsung heroes both for their achievements and for their commitment to gender equity.”
Valerie Mauriello was recognized for her role in creating the Women in Finance network for junior to mid-level executives at the company and encouraging senior women to mentor and sponsor other women. She also led in the creation of the group Networking Enhances Women’s Success, or NEWS, for senior executive women and has also sponsored women’s Executive Resource Groups that focus on leadership skills and networking.
Subha Barry, vice president, general manager, Working Mother Media, says, “The NAFE Women of Excellence are a great illustration of the divergent paths to success. From finance to global diversity, the award recipients are exemplary for their leadership and achievement.”
Prudential Financial, Inc. provides insurance, investment administration, and other financial products and services to individual and institutional customers in the United States and internationally. The company principally offers life insurance, annuities, retirement-related services, mutual funds, and investment administration products.
Shares of Texas Instruments Incorporated (NASDAQ:TXN), declined -0.98% to $56.39, during its current trading session.
Texas Instruments, introduced the industry’s first integrated battery monitor and protector to measure 16 battery cells at one time. The bq76PL455A-Q1 provides highly accurate cell-voltage monitoring for large batteries with up to 256 cells in a series and can enable a more intelligent battery administration in electric vehicles, hybrid electric vehicles, and grid energy storage systems.
The bq76PL455A-Q1 enables accurate computation of a battery pack’s state of charge and state of health by precisely measuring cell voltage and also provides active and passive cell-balancing support to extract the maximum amount of energy from the battery. Passive cell balancing compensates for charging voltage mismatches, while active cell balancing maximizes the amount of each charge. For hybrid and electric vehicles, this can lead to a reduced production cost for manufacturers while supporting an raised mileage range for drivers.
System integrators use the bq76PL455A-Q1 to develop innovative battery administration systems counting considerations for efficiencies and safety. “Preh was happy to work with TI to implement design features that differentiate our battery administration system offering,” said Dr. Joachim Wagner, Head of Product Administration and Pre-Development, Preh GmbH. “We intend to use our solution in several automotive and non-automotive applications providing our customers with innovative solutions.”
Texas Instruments Incorporated designs, manufactures, and sells semiconductors to electronics designers and manufacturers worldwide. It operates through two segments, Analog and Embedded Processing. The Analog segment offers high volume analog and logic products for automotive safety devices, touch screen controllers, low voltage motor drivers, and integrated motor controllers; and power administration products to enhance the efficiency of powered devices using battery administration solutions, portable power conversion devices, power supply controls, and point-of-load products.
Finally, Finisar Corporation (NASDAQ:FNSR), gained 21.31%, and is now trading at $14.13.
Finisar Corporation, declared that the Board of Directors has designated Michael L. Dreyer to fill an existing vacancy on the Board. Finisar’s Board presently comprises of six directors who are elected to staggered three-year terms. Mr. Dreyer will serve as a Class III director until the annual meeting of stockholders in 2017.
Mr. Dreyer is presently the Chief Operations Officer of Silicon Valley Bank and is responsible for bank and non-bank operations worldwide. Mr. Dreyer oversees SVB’s core operations, enterprise project administration, client service and information technology teams. Mr. Dreyer is also presently a director of F5 Networks, Inc. Before joining SVB, Mr. Dreyer was president and COO of Monitise from August 2014 to September 2015, where he was responsible for the design, build, and operations of its technology globally, and he ran the company’s Americas business. Before Monitise, Mr. Dreyer was the global head of technology and CIO at VISA Inc. from 2005 to 2014, responsible for the company’s systems and technology platforms. Formerly, Mr. Dreyer was chief information officer of Inovant, where he oversaw the development and administration of Visa’s global systems technology. He has also held executive positions at VISA USA as senior vice president of processing and emerging products, and senior vice president of commercial solutions. Additionally, Mr. Dreyer held senior positions at American Express, Prime Financial, Inc., Federal Deposit Insurance Corporation (FDIC), Downey Savings, Bank of America, and the Fairmont Hotel Administration Company. Mr. Dreyer received an M.B.A. and a B.A. in psychology from Washington State University.
“I am happy to welcome Michael to our Board,” said Jerry Rawls, Finisar’s Chief Executive Officer. “His experience in both the finance and the technology industries give him a valuable perspective from which to assist guide our company in the years ahead.”
Finisar Corporation provides optical subsystems and components for data communication and telecommunication applications in the United States, Malaysia, China, and internationally. Its optical subsystems primarily comprise of transmitters, receivers, transceivers, transponders, and active optical cables that provide the fundamental optical-electrical or optoelectronic interface for interconnecting the electronic equipment used in communication networks, counting the switches, routers, and servers used in wire line networks, in addition to the antennas and base stations used in wireless networks.
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