On Wednesday, Axalta Coating Systems Ltd (NYSE:AXTA)’s shares inclined 1.69% to $34.90.
Axalta Coating Systems Ltd (AXTA) will present at the Goldman Sachs Basic Materials Conference. The Company has posted the presentation slides to the Company’s Investor Relations website. A copy of the presentation materials is furnished hereto as Exhibit 99.1.
The information contained herein and in the accompanying exhibits shall not be deemed filed for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liability of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such a filing.
In the presentation slides and prepared remarks during the Goldman Sachs Basic Materials Conference, Axalta presents, and will present, certain non-GAAP financial measures. Axalta administration believes that presenting these non-GAAP financial measures provides meaningful information to investors in understanding operating results and may enhance investors’ ability to analyze financial and business trends. In addition, Axalta administration believes that these non-GAAP financial measures allow investors to compare period to period more easily by not taking into account items that could have a disproportionately negative or positive impact on results in any particular period. Non-GAAP measures are not a substitute for GAAP measures and should be considered together with the GAAP financial measures. As calculated, our non-GAAP financial measures may not be comparable to other similarly titled measures of other companies.
Axalta Coating Systems Ltd., through its auxiliaries, manufactures, markets, and distributes high performance coatings products primarily for the transportation industry. It operates through two segments, Performance Coatings and Transportation Coatings. The Performance Coatings segment offers various waterborne and solventborne products and systems that are used to refinish damaged vehicles for independent body shops, multi-shop operators, and original equipment manufacturer (OEM) dealership body shops.
Trina Solar Limited (ADR) (NYSE:TSL)’s shares dropped -0.81% to $12.31.
Trina Solar Limited (ADR) (TSL) declare that it offered Osaka Sangyo University (“OSU”) with its newly developed Interdigitated Back Contact (IBC) cells and modules for OSU’s Solar Car, the “OSU-Model-S”.
The OSU-Model-S is fueled solely by solar power which is converted into electricity via 565 highly efficient solar cells, and has just finished its first test run in Shirahama Old Airport, Wakayama Prefecture, Japan. The IBC cells offered by Trina Solar have demonstrated efficiencies up to 24.4% in laboratory tests and 23.1% in pilot industrial production. The OSU-Model-S will compete in early August in the IFA Suzuka Solar Car Race, the largest international solar car race taking place in Japan.
Trina Solar Limited operates as an integrated solar-power products manufacturer and solar system developer in the People’s Republic of China, Europe, the United States, and other Asia Pacific regions. The company designs, develops, manufactures, and sells photovoltaic (PV) modules comprising monocrystalline and multicrystalline PV modules ranging in various power outputs for use in residential, commercial, industrial, and other solar power generation systems. It also provides mono- and multi-crystalline silicon ingots, wafers, cells, and related products, in addition to PV modules based on customer and end-user specifications.
At the end of Wednesday’s trade, Northrop Grumman Corporation (NYSE:NOC)‘s shares dipped -0.06% to $160.26.
Northrop Grumman Corporation (NOC) declared winners of its eighth annual Engineering Scholars program, which will provide college scholarships to graduating high school seniors in the greater San Fernando Valley community who are interested in studying engineering, computer science, physics or mathematics.
Northrop Grumman Corporation, a security company, provides systems, products, and solutions in aerospace, electronics, information systems, and technical service areas to government and commercial customers worldwide. The company’s Aerospace Systems segment designs, develops, integrates, and produces manned aircraft, unmanned systems, spacecraft, high-energy laser systems, microelectronics, and other systems and subsystems.
ARM Holdings plc (ADR) (NASDAQ:ARMH), ended its Wednesday’s trading session with 0.13% gain, and closed at $52.56.
ARM Holdings plc (ADR) (ARMH) has signed an expansive long-term graphics technology agreement with Samsung to enable the creation of next generation devices capable of delivering even more compelling visual experiences. The subscription license covers ARM® Mali™ graphics processing units (GPUs) including the Mali-T820/830/860, the recently announced Mali-T880 and all future Mali GPUs.
This long term contract with ARM allows Samsung to continue creating innovative products addressing a range of price and performance points to meet the evolving needs of multiple markets. Samsung is already utilizing ARM Mali technology in SoCs powering an impressive range of leading consumer products.
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.
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