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Tuesday 23 June 2015
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Volume Active Stocks to Track: Texas Instruments (NASDAQ:TXN), BB&T (NYSE:BBT), Best Buy (NYSE:BBY), American Tower (NYSE:AMT)

On Wednesday, Texas Instruments Incorporated (NASDAQ:TXN)’s shares declined -0.66% to $54.88.

Texas Instruments Incorporated (TXN) declared the U.S. Green Building Council (USGBC) has awarded a Leadership in Energy and Environmental Design (LEED) Gold certification to TI’s new design center in Sugar Land, Texas, near Houston. The award distinguishes the site as Sugar Land’s largest LEED-certified facility. TI’s design center is also the first building in the city to achieve Gold certification under LEED version 3.

Some of the site’s sustainable design and construction features, which assisted win the award, comprise:

Sustainable Sites

  • The site uses a highly reflective roof and pavement to reduce urban heat buildup
  • Exterior lighting is LED and dark sky compliant to reduce energy use and light pollution
  • Alternative transportation is accommodated with bicycle parking and showers and electric vehicle (EV) charging stations

Water Efficiency

  • Native and adapted landscaping to reduce irrigation requirements
  • Efficient indoor plumbing fixtures and irrigation system to reduce water consumption

Texas Instruments Incorporated designs, manufactures, and sells semiconductors to electronics designers and manufacturers worldwide. It operates through two segments, Analog and Embedded Processing. The Analog segment offers high volume analog and logic products for automotive safety devices, touch screen controllers, low voltage motor drivers, and integrated motor controllers; and power administration products to enhance the efficiency of powered devices using battery administration solutions, portable power conversion devices, power supply controls, and point-of-load products.

BB&T Corporation (NYSE:BBT)’s shares gained 1.39% to $40.00.

BB&T Corporation (BBT) declared it has received regulatory approval from the Federal Reserve, the FDIC and all required state regulators to acquire The Bank of Kentucky. The transaction closing and systems conversion is predictable on June 19, 2015.

Headquartered in Crestview Hills, Ky., The Bank of Kentucky has 32 banking offices in Northern Kentucky and Cincinnati. The merger comprises $1.6 billion in deposits, $1.3 billion in loans, and total assets of $1.9 billion based on March 31, 2015, balances. The planned acquisition was originally declared Sept. 8, 2014.

BB&T Corporation operates as a financial holding company that provides various banking and trust services for retail and commercial clients. It operates in six segments: Community Banking, Residential Mortgage Banking, Dealer Financial Services, Specialized Lending, Insurance Services, and Financial Services.

At the end of Wednesday’s trade, Best Buy Co Inc (NYSE:BBY)‘s shares surged 0.86% to $35.07.

Mirakl, the global leader in online marketplace platforms, recently declared that Best Buy Co Inc (BBY) has selected the Mirakl Marketplace Platform to power Best Buy Canada’s online marketplace and enhance its top-line revenue at BestBuy.ca. Through Mirakl’s turnkey SaaS-based marketplace solution, the company also anticipates to enhance its online traffic acquisition, online conversion rates, average order value, order profitability and customer loyalty. Best Buy Canada plans to go live in fall 2015.

Prior to selecting the Mirakl platform, Best Buy Canada wanted a secure solution to enhance profitability for its online channel while enhancing customer satisfaction and loyalty by offering a wider range of products through third-party sellers. By selecting the Mirakl solution over a homegrown one, Best Buy Canada will now quickly and efficiently launch a proven online marketplace, without the risks and costs associated with internal development.

Best Buy Co., Inc. operates as a retailer of technology products, services, and solutions in the United States and internationally. Its stores offer consumer electronics comprising primarily of television and home theaters; digital cameras and camcorders; DVD and Blu-ray players; portable electronics, such as MP3 devices, headphones and speakers, car stereo, navigation and satellite radio; and related accessories.

American Tower Corp (NYSE:AMT), ended its Wednesday’s trading session with -1.54% loss, and closed at $92.70.

American Tower Corp (AMT) declared that its board of directors has declared its quarterly cash distribution of $0.44 per share on shares of the Company’s common stock. The distribution is payable on July 16, 2015 to such stockholders of record at the close of business on June 17, 2015.

American Tower Corporation is a real estate investment trust. It invests in the real estate markets across the globe. The firm engages in leasing of space on multi-tenant communications sites to wireless service providers, radio and television broadcast companies, wireless data and data providers, government agencies and municipalities and tenants in a number of other industries. American Tower Corporation was founded in 1995 and is headquartered in Boston, Massachusetts.

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Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

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