On Wednesday, Shares of Intel Corporation (NASDAQ:INTC), added 1.20% and closed at $37.99 in the last trading session. The last trading range of the stock ranges between $37.64 and $38.31. Intel Corporation designs, manufactures, and sells integrated digital technology platforms worldwide. It operates through Client Computing Group, Data Center Group, Internet of Things Group, Software and Services, and All Other segments. The companys platforms are used in various computing applications comprising notebooks, 2 in 1 systems, desktops, servers, tablets, smartphones, wireless and wired connectivity products, wearables, retail devices, and manufacturing devices, in addition to for retail, transportation, industrial, buildings, home use, and other market segments. It offers microprocessors that processes system data and controls other devices in the system; chipsets, which send data between the microprocessor and input, display, and storage devices, such as keyboard, mouse, monitor, hard drive or solid-state drive, and optical disc drives; and system-on-chip products that integrate its central processing units with other system components onto a single chip. The company also provides communication and connectivity offerings, such as baseband processors, radio frequency transceivers, and power administration integrated circuits; and tablet, phone, and Internet of Things solutions, which include multimode 4G LTE modems, Bluetooth technology and GPS receivers, software solutions, and interoperability tests, in addition to home gateway and set-top box components. In addition, it offers security solutions for computers, mobile devices, and networks, in addition to software and services for technology integration; NAND flash memory products, which are used in solid-state drives; and custom foundry services, counting custom silicon, packaging, and manufacturing test services.
Ascena Retail Group Inc (NASDAQ: ASNA), jumped 4.82% and closed at $5.87 in the last trading session. The last trading range of the stock ranges between $5.60 and $6.03. The company’s Market capitalization is $1.14Billion with the total Outstanding Shares of 194.21 Million. After more than six months of extensive planning, ascena retail group, inc. (ASNA) (the “Company”) recently begins the execution phase of its major enterprise transformation plan. In addition to the ongoing implementation of its $235 million cost-savings program associated with its integration of ANN INC., the Company anticipates its new Change for Growth program will deliver an incremental $100 – $150 million of cost savings by fiscal 2019. The Change for Growth program will refine ascena’s operating model to increase its focus on key customer segments, improve its time-to-market, reduce working capital, and enhance its ability to serve its customer on any purchasing platform, all while better leveraging the Company’s powerful shared services platform.
The Company is making noteworthyorganizational changes as part of its accelerated execution plan, and has restructured its business into four operating segments. Reporting of future results will be based on this new segment structure:
Premium Fashion – Ann Taylor, LOFT, and Lou & Grey
Plus Fashion – Lane Bryant and Catherines
Value Fashion – maurices and dressbarn
Kids Fashion – Justice
The Company also declared the creation of its new ascena Brand Services (aBS) team, which will assume the responsibilities for its existing centralized Shared Services Group functions, counting supply chain, logistics, sourcing, and IT, in addition to additional brand support functions to be developed through its Change for Growth program.
Ameren Corp (NYSE:AEE), gained0.70% and closed at $47.71 in the last trading session. The last trading range of the stock ranges between $47.28 and $47.95. During the 52-week trading session the minimum price at which share price traded, registered at $41.33 and reached to max level of $54.08. – 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.