Industry News

ON Semiconductor Corporation announced that it has extended its previously announced tender offer to purchase all of the outstanding shares of common stock of Fairchild Semiconductor International Inc. for $20.00 per share in cash pending the satisfaction of the conditions to the Offer set forth in the merger agreement entered into on November 18, 2015 between ON Semiconductor and..."/>
ON Semiconductor Extends Tender Offer to Acquire Fairchild Semiconductor
Cognizant Technology Solutions Corporation, a leading provider of information technology, consulting, and business process services, today announced its second quarter 2016 financial results. Second quarter revenue of $3.37 billion was up 9.2% from the year-ago period and up 5.2% sequentially. GAAP diluted EPS was $0.41 vs. $0.68 in the year-ago period. Q2 2016 GAAP diluted EPS was negatively impacted by $0.31 per share of incremental taxes..."/>
Cognizant Announces Second Quarter 2016 Results and Expanded Stock Repurchase Program
Arista Networks, Inc., an industry leader in software-driven cloud networking solutions for large data center and computing environments, today announced financial results for its second quarter ended June 30, 2016.. *Revenue of $268.7 million, an increase of 11.0% compared to the first quarter of 2016, and an increase of 37.4% from the second quarter of 2015.."/>
Arista Networks, Inc. Reports Second Quarter 2016 Financial Results
Digimarc Corporation, the inventor of the Digimarc Discover platform featuring the Digimarc Barcode for automatically identifying and interacting with virtually any media, today announced that it is offering to sell its common shares in an underwritten public offering. Needham& Company and Cowen and Company are acting as joint book-running managers for the offering. Craig-Hallum Capital Group and B. Riley& Co. are acting as co-managers of the offering."/>
Digimarc Announces Proposed Public Offering of Common Stock
ClearSign Combustion disclosed on Thursday that it has won a multi-flare contract, valued at over USD1m, from a major California oil producer to retrofit its enclosed wellhead ground flares with ClearSign's Duplex technology to ensure compliance with air district emission requirements. The Duplex contract includes the initial test unit and has been initiated by the California producer's contractor, Advanced Combustion& Process..."/>
ClearSign awarded USD1m Duplex technology order in flare application
KLA-Tencor Corporation authorised a quarterly cash dividend of USD0.52 per share on the company's common stock, it declared on Thursday. This dividend will be paid on 1 September 2016 to stockholders of record as of the close of business on 15 August 2016.. A provider of process control and yield management solutions, KLA-Tencor partners with customers globally to develop inspection and metrology technologies that serve the semiconductor, LED and..."/>
KLA-Tencor announces dividend of USD0.52 per share for fiscal Q1 2017
Oracle Road had been on and off the market for years, but this time Emma Vera was ready. When the aging property went on sale this year, she jumped at the chance to open a second location for her flagship restaurant, Guadalajara Original Grill. She'll call this location Guadalajara Original Grill North."/>
Guadalajara Grill going into former Macayo's building on N. Oracle [The Arizona Daily Star, Tucson]
Qualcomm Incorporated today announced that its subsidiary, Qualcomm Technologies, Inc., is working closely with Baidu in the implementation of the Qualcomm IZat (TM) Integrated Hardware Location Platform, which will be available in the latest generation of Qualcomm Snapdragon (TM) chipsets..."/>
Qualcomm and Baidu Announce Commercialization of IZat Integrated Hardware Location Platform to Lead the Way for Smartphone Location Services in China
Facebook to shut down Gaines' account. Nearly seven hours into the standoff Monday, and with Gaines' Facebook and..."/>
Korryn Gaines case: Video posting by suspects poses new challenges for police [The Baltimore Sun]
Stratasys Ltd. on Thursday reported a smaller net loss in the second quarter as it continued to recover from a foray in the consumer market that went sour. The maker of 3- D printers and contract manufacturing services has struggled to remake itself after competition soared in the industrial segment and a bad stumble in its MakerBot consumer business. For the quarter ended June 30, Stratasys reported a net loss of $18.5 million, or 36 cents a share."/>
Stratasys loss narrows in latest quarter, stock drops [Star Tribune (Minneapolis)]
Apple's iPhone 7 will ditch the 3.5 mm headphone jack. Well, YouTube channel Unbox Therapy claims to have a prototype version of the device that confirms as much. The video, uploaded on Wednesday, shows off several of the phone's new features."/>
IPhone 7 prototype video shows new model sans headphone jack [The Oregonian, Portland, Ore.]
MetLife Inc. announced Thursday it will cut jobs following bleak second-quarter financial results, including a 94 percent drop in profit partly the result of low interest rates. Steven Kandarian, chief executive officer, told investor analysts on a conference call Thursday that the largest U.S. life insurer intends to reduce expenses by $1 billion, including job cuts, by the end of 2019. He did not provide details."/>
MetLife Scaling Back, Cutting Jobs After Profit Loss [The Hartford Courant]
Diebold, Inc. has received antitrust clearance inPolandfor its planned acquisition of German banking software, hardware and services firm Wincor Nixdorf AG, the company said. As a result, the company has attained all antitrust clearances required as a closing condition under the offer document for the acquisition. All closing conditions required for the consummation of the takeover offer are now satisfied and the takeover offer is..."/>
Diebold, Wincor Nixdorf Clear Final Antitrust Hurdle; Merger to Close on 15 August
Internet Initiative Japan Inc. today announced its consolidated financial results for the first three months of the fiscal year ending March 31, 2017. 1. Overview of 1 Q16 Financial Results and Business Outlook. “We started off a new fiscal year with continuous strong revenue growth which was led by recurring revenues, especially mobile services."/>
IIJ Announces First Three Months Financial Results for the Fiscal Year Ending March 31, 2017

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