On Tuesday, ARM Holdings plc (ADR) (NASDAQ:ARMH)’s shares inclined 4.20% to $44.37.
ARM has partnered with Thundersoft, a world leader in smart device platforms, to establish the ARM Innovation Ecosystem Accelerator. The partnershipcreates an Internet of Things (IoT) one-stop shop for startups and established OEMs, providing integrated hardware and software expertise in addition to resources from the ARM® ecosystem. The Beijing facility is the first of four planned and is aimed at further advancing China’s IoT industry.
The first office in Zhongguancun, Beijing, will offer an ARM mbed™ IoT Device Platform innovation lab and an ARM Cortex®-based IoT system on chip (SoC) design lab alongside joint facilities with ecosystem partners. The accelerator will provide operateshops, training, and design services for mbed OS and Cortexprocessor-based development platforms. System integration services aligned to the needs of the local design environment will also be accessible to further facilitate and speed up the path from prototype to production.
ARM Holdings plc, together with its auxiliaries, designs microprocessors, physical intellectual property (IP), and related technology and software. The company also sells development tools that enhance the performance of embedded applications. Its products comprise microprocessor cores that comprise of specific functions, such as video, graphics, and display technology IP; and physical IP components for the design and manufacture of integrated circuits, which comprise embedded memory, standard cell, and input/output components.
Amarin Corporation plc (ADR) (NASDAQ:AMRN)’s shares gained 1.28% to $2.38.
Amarin Corporation plc (ADR) (AMRN) declared the presentation of findings from a new in vitro study at a peer-reviewed poster session at the American Diabetes Association Scientific Sessions in Boston, Massachusetts.
The poster, titled “Eicosapentaenoic Acid (EPA) Reduces Glucose-induced Small Dense Low-Density Lipoprotein Oxidation In Vitro in a Manner Distinct from Other Triglyceride-Lowering Agents and Vitamin E,” presents data that shows exposure to eicosapentaenoic acid (EPA), an omega-3 fatty acid, inhibited glucose-induced oxidation of small dense LDL. This study examined the effects of EPA and other triglyceride-lowering agents on human sdLDL oxidation following exposure in vitro to hyperglycemic conditions. Exposure to hyperglycemic conditions resulted in a 55% enhance in human sdLDL oxidation as contrast to non-glucose-treated controls as measured by a marker of oxidation (malondialdehyde (MDA)). EPA inhibited this glucose-induced sdLDL oxidation in a dose-dependent fashion and, at the highest concentration tested (10.0 µM), EPA inhibited sdLDL oxidation by 94% contrast to vehicle treated (ethanol) control.
Amarin Corporation plc, a biopharmaceutical company, focuses on developing and commercializing therapeutics for the treatment of cardiovascular diseases in the United States.
At the end of Wednesday’s trade, Travelers Companies Inc(NYSE:TRV)‘s shares surged 2.52% to $99.60.
The Travelers Companies, Inc. (NYSE: TRV) will review its third quarter 2015 results at 9 a.m. ET on Tuesday, October 20, following the release of results earlier that morning.
The Travelers Companies, Inc., through its auxiliaries, provides a range of commercial and personal property, and casualty insurance products and services to businesses, government units, associations, and individuals in the Unites states and internationally. It operates in three segments: Business and International Insurance; Bond & Specialty Insurance; and Personal Insurance.
Men’s Wearhouse Inc(NYSE:MW), ended its Wednesday’s trading session with 4.65% gain, and closed at $56.52.
The Men’s Wearhouse (MW) declared it has signed a 10-year agreement with Macy’s, Inc. to operate men’s tuxedo rental shops inside 300 Macy’s stores. No other terms were revealed.
The new Macy’s Tuxedo Shop is predictable to be located in or near the Men’s Department and will have dedicated space staffed by our formalwear professionals. The Men’s Wearhouse will start operating 17 pilot tuxedo shops in fall 2015, then start the rollout of the remaining shops with the expectation that 300 shops will be open by fall 2016. Macy’s and Men’s Wearhouse will also collaborate to develop a digital tuxedo rental shop on macys.com.
The Men’s Wearhouse, Inc. operates as a specialty apparel retailer in the United States, Puerto Rico, and Canada. The company operates in two segments, Retail and Corporate Apparel. The Retail segment offers suits, suit separates, sport coats, slacks, formalwear, business casual, sportswear, outerwear, dress shirts, dress pants, overcoats, ties, shoes, and accessories for men in classic, modern, and slim fits in various sizes; and a selection of tuxedo rental products. It also offers ladies’ career apparel, sportswear, shoes, and accessories; children’s apparel; alteration services; and retail dry cleaning, laundry, and heir looming services.
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