On Monday, Shares of Great Plains Energy Incorporated (NYSE:GXP), added 1.08% and closed at $27.11 in the last trading session. The last trading range of the stock ranges between $26.85 and $27.18. The company’s Market capitalization is $5.66 Billion with the total Outstanding Shares of 207.40 million. Energy Impact Partners LP (EIP) recently declared the addition of Avista Corp. ( NYSE : AVA ) to its Nexus planned partner network. Avista joins Southern Company ( NYSE : SO ), National Grid plc ( NYSE : NGG ), Xcel Energy Inc. ( NYSE : XEL ), Ameren Corporation ( NYSE : AEE ), Great Plains Energy ( NYSE : GXP ), and Fortis Inc. ( TSX : FTS ) as planned utility partners collaborating to increase revenues, reduce costs and improve service to customers through innovation.
EIP is a private equity fund that invests in emerging technologies, products, services and business models throughout the electricity supply chain from generation to consumption. EIP recently declared investments in Opus One Solutions, which provides visibility and control to electric distribution utilities; Sense Labs, which facilitates customers to know exactly how much energy every device in their homes is consuming; and AutoGrid Systems, which offers big data analytics and cloud computing solutions for the energy industry.
“We are happy to join some of the country’s leading utilities to develop leading-edge energy solutions through EIP,” said Avista Chairman, President and CEO Scott Morris. “Avista has a long history of innovation in energy delivery. We recognize that technology is changing rapidly and with that the needs and expectations of our customers are changing as well. Working with EIP and this coalition of progressive utilities will assist ensure that innovation remains firmly at the core of our utility business.”
Silicon Graphics International Corp (NASDAQ:SGI), dropped -0.13% and closed at $7.70 in the last trading session. The last trading range of the stock ranges between $7.66 and $7.74. The company’s Market capitalization is $280.83 million with the total Outstanding Shares of 36.52 million. During the 52-week trading session the minimum price at which share price traded, registered at $4.02 and reached to max level of $7.79. Recently, SGI (SGI), a global leader in high-performance solutions for compute, data analytics and data administration, declared that enterprises can now leverage the Intel-based SGI UV 300H server in a multi-node cluster (scale out) to run SAP® Business Warehouse (SAP BW) on SAP HANA® or new SAP BW/4HANA. Unique to SGI, the cluster nodes can later be reconfigured as single-node systems with 1 to 32TB of shared memory (scale up) to run SAP S/4HANA® and other real-time applications. SGI also declared that deployments of the SGI UV 300H as a single-node system provide in total over 800 Terabytes of in-memory computing capacity to organizations running the SAP HANA platform. These declarements reflect SGI`s broadening leadership in high-performance data analytics and continuing innovation to achieve greater insight and gain competitive advantage with SAP HANA.
SGI UV 300H is now SAP-certified under general availability in a clustered scale-out configuration to run SAP BW on SAP HANA or SAP BW/4HANA, using four to sixteen 8-socket nodes and up to 56 Terabytes of in-memory computing capacity. When business lines wish to move to real-time analytics utilizing SAP Business Suite on SAP HANA, SAP Bank Analyzer, SAP S/4HANA Finance, or other SAP S/4HANA applications, the clustered systems can be fully repurposed to form single-node systems with 4 to 32 sockets. By avoiding the need to “rip and replace” multi-node clusters when single-node systems are required, IT organizations can enjoy considerable cost savings by protecting investments and reduce time to solution.
On the otherhand CBS Corporation (NYSE:CBS), jumped 0.92% and closed at $55.73 in the last trading session. The last trading range of the stock ranges between $55.39 and $56.11. The company’s Market capitalization is $24.38 Billion with the total Outstanding Shares of 406.87 million. During the 52-week trading session the minimum price at which share price traded, registered at $41.36 and reached to max level of $58.22. CBS Corp (CBS.N) Chief Executive Leslie Moonves is planning to seek autonomy from the Redstone family, the broadcaster’s controlling shareholder, in leading the company if it merges with Viacom Inc (VIAB.O), two people familiar with the matter said.
While there is no certainty that CBS and Viacom will agree to a merger, Moonves is seeking to capitalize on his 10-year track record at the helm of CBS to gain as much influence as possible over the combined company, the people said on Monday.
The 67-year-old media executive is deliberating his options with advice from famed Wall Street lawyer Martin Lipton, the people said. Lipton’s law firm, Wachtell, Lipton, Rosen & Katz, has been a long-time advisor of CBS.
Negotiations between Moonves and National Amusements Inc (NAI), through which the Redstones own an 80 percent stake of CBS and Viacom, have not started in earnest, and the exact terms that he will be asking for are not clear, the people said.
The sources asked not to be identified because the matter is not public. A CBS spokesman declined to comment. National Amusements and Lipton did not return calls for comment.SOURCE REUTER