On Friday, Shares of Intel Corporation (NASDAQ:INTC), gained 2.53% to $28.42.
Intel Corporation and BlueData declared a broad planned technology and business collaboration, as well as an additional equity investment in BlueData from Intel Capital.
This relationship will bring together BlueData’s infrastructure software for big data with the leading data center architecture based on Intel® Xeon® processor technology. The aim is to accelerate the adoption of big data solutions by simplifying deployment. This builds upon Intel’s existing investments and initiatives in the big data market, counting Intel’s planned partnership with Cloudera for Apache Hadoop in addition to recent projects focused on Apache Spark*.
“Intel architecture provides a high-performance, secure, robust foundation for big data analytics,” said Brian Krzanich, Intel CEO. “BlueData’s innovative software delivers the simplicity, agility, and efficiency of big data-as-a-service in an on-premises model. Together, we are focused on bringing big data into the mainstream and unlocking the value for our enterprise customers.”
BlueData will develop and optimize its big data infrastructure software for Intel architecture. In turn, Intel will focus its engineering and marketing resources on the joint engineering roadmap and joint customer acquisition. Additionally, the companies will execute joint go-to-market strategies that comprise coordinated product, channel, and sales programs.
Intel Corporation designs, manufactures, and sells integrated digital technology platforms worldwide. It operates through PC Client Group, Data Center Group, Internet of Things Group, Mobile and Communications Group, Software and Services, and All Other segments.
Oil fell below $49 a barrel on Monday after its biggest two-day rally in six years last week, pressured by a supply glut and renewed concern about a hard landing for China’s economy, according to Reuters.
International benchmark Brent crude climbed 10 percent last week but was still heading for its fourth straight monthly decline and has risen in only two of the past 14 months. Reuters Reports
Among oil related stocks, Shares of Weatherford International plc (NYSE:WFT), inclined 6.57% to $9.90, during its last trading session.
Weatherford International Plc was upgraded by research analysts at Stephens from an “equal weight” rating to an “overweight” rating in a report released on Friday, The Fly reports. The brokerage presently has a $12.00 price target on the stock. Stephens’ target price would suggest a potential upside of 21.21% from the stock’s current price.
Weatherford International plc provides equipment and services used in the drilling, evaluation, completion, production, and intervention of oil and natural gas wells worldwide.
Finally, McDonald’s Corp. (NYSE:MCD), ended its last trade with -0.24% loss, and closed at $96.25.
McDonald’s Corp. and Tyson Foods Inc. severed ties with a Tennessee poultry farm after an animal-rights group on Thursday released video footage from the facility that showed chickens being stabbed, clubbed and crushed to death, according to WSJ.
Mercy for Animals said it documented animal abuse and inhumane conditions at T&S Farms, which the group said supplied chickens to a nearby Tyson processing plant that produced chicken McNuggets and other chicken products for McDonald’s. WSJ Reports
The video is the latest in a series of exposés by animal-rights groups that seek to spotlight alleged brutality and poor living conditions for commercially raised poultry and livestock. Such groups push for better treatment of animals and stricter policing of operations by top meat-buying restaurants and food companies. WSJ added.
McDonald’s Corporation operates and franchises McDonald’s restaurants in the United States, Europe, the Asia/Pacific, the Middle East, Africa, Canada, and Latin America. The company’s restaurants offer various food products, soft drinks, coffee, and other beverages.
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