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On Wednesday, Shares of Red Hat Inc (NYSE:RHT), gained 0.54% to $75.12.
Red Hat, declared that Verdipapirsentralen ASA (VPS), Norway’s national Central Securities Depository, has deployed a private, on premise Platform-as-a-Service (PaaS) solution based on OpenShift Enterprise by Red Hat. With OpenShift Enterprise, VPS aims to accelerate the development and delivery processes within the organization’s existing IT infrastructure and enable a higher level of operational efficiency across their development, test and production environments.
As the only centralized securities depository in Norway, VPS provides and manages the critical infrastructure and services for securities transactions and ownership registration for shares, bonds, equity certificates, and funds. VPS delivers these services through a network of investment banks, brokers, banks and fund administration companies who operate the individual accounts and regulate day-to-day access.
VPS evaluated multiple PaaS solutions to assist break-down productivity barriers and deliver application services faster. They ultimately chose OpenShift Enterprise to provide access to a cloud-based application platform, enhancing its ability to build the applications it needs and run them in a hybrid cloud architecture, both in their own datacenter and the public cloud. It automates much of the provisioning and administration of the application platform stack in a way that enables VPS’s IT operations team to more easily meet growing business demands for new application services. OpenShift Enterprise also provides an on-demand, elastic, scalable and fully configured application deployment and runtime environment for application developers, so that they can focus on building these new application services.
Red Hat, Inc. provides open source software solutions to enterprise customers worldwide. It develops and offers operating system, virtualization, middleware, storage, and cloud technologies. The company’s products comprise Red Hat Enterprise Linux, an operating system platform that runs on hardware for use in physical, virtual, container, and cloud environments; Red Hat Enterprise Virtualization, which comprises standalone virtualization functionality and administration tools for server and desktop deployments; and Red Hat JBoss Middleware that offers middleware for developing, deploying, and managing applications, in addition to integrating applications, data and devices, and automating business processes.
Shares of Trinity Industries Inc (NYSE:TRN), inclined 2.36% to $27.72, during its last trading session.
Trinity Industries, declared the extension of its planned railcar alliance with Element Financial Corporation (EFN.TO) (“Element”), one of North America’s leading equipment finance companies. Under the extended alliance, Element is predictable to acquire up to an additional $1 billion of leased railcars during the period of 2016 through 2019.
Similar to past purchases by Element under the existing alliance, the portfolio is predictable to comprise of new railcars from Trinity’s leased railcar backlog and existing leased railcars from the Trinity Industries Leasing Company (“TILC”) fleet; the portfolio may also comprise secondary market purchases of leased railcars identified by Trinity and Element. TILC will continue to act as exclusive servicer for the leased railcars purchased by Element under the alliance, maintaining its relationship with the individual lessees, and receive administration fees accordingly.
At this time, the amount of predictable sales to Element in each year of the extended alliance has not been determined. Compriseent with the existing alliance, sales are predictable to be stated in both the Rail and Leasing and Administration Services Groups. Macquarie Capital advised Trinity on this alliance.
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Trinity Industries, Inc. provides various products and services for the energy, transportation, chemical, and construction sectors in the United States and internationally. Its Rail Group segment offers railcars, counting autorack, box, covered hopper, gondola, intermodal, tank, and open hopper cars; and couplers, axles, and other equipment, in addition to railcar maintenance services.
Finally, Discovery Communications Inc. (NASDAQ:DISCA), ended its last trade with -1.66% loss, and closed at $28.35.
Discovery Education and 3M have named 15 year-old Hannah Herbst from Boca Raton, Fla. the winner of the 2015 Discovery Education 3M Young Scientist Challenge. Herbst created an energy probe prototype that seeks to offer a stable power source to developing countries by using untapped energy from ocean currents. This innovation was inspired by Herbst’s desire to assist her 9-year-old pen pal living in Ethiopia who lacks a reliable source of power and electricity. Herbst’s scientific thinking reflected the competition’s aim of applying science to everyday life, creating a solution that will improve lives and strengthen communities around the globe.
Herbst, a ninth grader from Florida Atlantic University High School, competed alongside nine other middle school finalists yesterday during a live competition at the 3M Innovation Center in St. Paul, Minn. She was awarded the title of “America’s Top Young Scientist” in addition to a $25,000 cash prize.
Discovery Communications, Inc. operates as a media company. The company operates through U.S. Networks; International Networks; and Education and Other segments. The company owns and operates television networks under the brands, such as Discovery, TLC, Animal Planet, Investigation Discovery, Science, Velocity, Discovery Family, American Heroes, Destination America, Discovery Life, Oprah Winfrey network, Eurosport, DMAX, and Discovery Kids. Its content spans genres, counting survival, exploration, sports, lifestyle, general entertainment, heroes, adventure, crime and investigation, health, and kids.
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