On Thursday, NXP Semiconductors NV (NASDAQ:NXPI)’s shares declined -4.00% to $98.58.
NXP Semiconductors NV (NXPI) declared it recently received the coveted ‘Great Workplace Award’ from global analytics leader, Gallup. The Award is presented to companies that show a commitment to employees and have successfully built a culture where employees feel recognized and valued. NXP measures engagement annually through a scientifically validated Employee Engagement survey. Active engagement of NXP employees is a core administration focus at all levels of the organization, acting as a quantitative measurement of our people engagement.
NXP Semiconductors N.V., a semiconductor company, provides high performance mixed signal and standard product solutions for radio frequency (RF), analog, power administration, interface, security, and digital processing products worldwide.
Avnet, Inc. (NYSE:AVT)’s shares dropped -3.83% to $43.75.
Avnet, Inc. (AVT) declared that it has expanded its distribution agreement with Nutanix, the web-scale converged Infrastructure Company, to comprise Mexico. Avnet began distributing Nutanix in 2014, assisting the company expand its market presence in Australia, Canada and the U.S. Avnet will now provide its channel partners in Mexico with the Nutanix Virtual Computing Platform, which partners can use to design and develop converged compute and storage infrastructure for virtualized data centers.
Avnet, Inc., together with its auxiliaries, distributes electronic components, enterprise computer and storage products, IT solutions and services, and embedded subsystems in the Americas, Europe, the Middle East, Africa, and the Asia/Pacific.
At the end of Thursday’s trade, Freescale Semiconductor Ltd (NYSE:FSL)‘s shares dipped -3.73% to $39.98.
Freescale Semiconductor Ltd (FSL) declared financial results for the first quarter ended April 3, 2015. Highlights comprise:
First Quarter Highlights
Net sales for the first quarter of 2015 were $1.17 billion, contrast to $1.10 billion in the fourth quarter of 2014 and $1.13 billion in the first quarter of 2014.
Operating earnings for the period were $179 million, contrast to $178 million in the fourth quarter of 2014 and $155 million in the first quarter of 2014. Operating earnings were in line with the preceding quarter. On a year-over-year basis, operating earnings benefitted from higher sales and improving gross margins. Comprised of in first quarter 2015 operating earnings were $26 million of reorganization of business costs, which was an enhance over the preceding quarter and comprised of severance in addition to costs associated with the company’s planned merger with NXP Semiconductors.
Freescale Semiconductor, Ltd. provides embedded processors worldwide. The company’s products comprise microcontrollers, ranging from 8-bit products to higher performance 16-bit and 32-bit products with on-board flash memory, which provide the digital logic or intelligence for electronic applications and controlling electronic equipment or analyzing sensor inputs; single-and multi-core microprocessors; and applications processors with embedded memory, and special purpose hardware and software for multimedia applications.
ADTRAN, Inc. (NASDAQ:ADTN), ended its Thursday’s trading session with -3.61% loss, and closed at $16.01.
ADTRAN, Inc. (ADTN) declared a new addition to its Enabling Communities, Connecting Lives program. Troy Cable has selected ADTRAN’s advanced Fiber-to-the-Home (FTTH) portfolio for its Gigabit Internet Service offering for residential customers in more than 20 communities across Alabama. One hundred times faster than recently’s basic broadband, residents will no longer have to wait for streaming to buffer thereby making gaming, movie streaming and video chats much better experiences.
As one of the first true Gigabit networks in Alabama, Troy Cable is ongoing its long history of investing back into the community while addressing the needs of key customers and market segments. Recently’s millennial generation, for example, demands more capacity and bandwidth than ever before. With their hands full of connected devices, these consumers are focused on services that provide top-quality broadband to view videos, access social media and connect to global events. They’re three times more likely than non-millennials to watch television online and are willing to pay for high-quality viewing with minimal pauses and interference. The Gigabit Internet Service enables Troy Cable to meet the demands of these tech-savvy customers with symmetrical broadband speeds of up to one Gigabit.
ADTRAN, Inc. manufactures and sells networking and communications equipment worldwide. It operates in two divisions, Carrier Networks and Enterprise Networks. The Carrier Networks division provides broadband access products, such as multi-service access nodes, fiber to the nodes, digital subscriber line access multiplexer products, and distribution point units; optical products, counting optical networking edge, fiber Ethernet access devices, multi-service edge switches, multi-service provisioning platforms, and pluggable optical products; and time division multiplexed (TDM) systems under the Total Access and hiX brand names.
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