On Thursday, Shares of Applied Materials, Inc. (NASDAQ:AMAT), subtract -0.17% and closed at $29.89 in the last trading session. The last trading range of the stock ranges between $29.44and $30.07. Applied Materials, Inc. provides manufacturing equipment, services, and software to the semiconductor, display, solar photovoltaic (PV), and related industries worldwide. It operates through four segments: Silicon Systems, Applied Global Services, Display, and Energy and Environmental Solutions. The Silicon Systems segment develops, manufactures, and sells a range of manufacturing equipment used to fabricate semiconductor chips or integrated circuits. Its products and technologies for transistor and interconnect fabrication, counting epitaxy, ion implantation, oxidation and nitridation, rapid thermal processing, chemical vapor deposition, physical vapor deposition, chemical mechanical planarization, electrochemical deposition, atomic layer deposition, etch, and metrology and inspection, in addition to systems that facilitates transfer of patterns used in the photolithography. The Applied Global Services segment provides solutions to enhance the performance and productivity of semiconductor, display, and solar products. The Display segment offers products for manufacturing liquid crystal displays, organic light-emitting diodes, and other display technologies for televisions, personal computers, tablets, smartphones, and other consumer-oriented devices.
Office Depot Inc (NASDAQ:ODP), dropped -0.28% and closed at $3.52 in the last trading session. The last trading range of the stock ranges between $3.51 and $3.57. The company’s Market capitalization is $1.90 Billion with the total Outstanding Shares of 543.93 million. Office Depot, Inc. (ODP) recently declared that it intends to sell its European business to The AURELIUS Group.
Office Depot had formerly revealed its intention to explore planned alternatives regarding its European business, under a process that began earlier this year.
“The sale of our European business will allow us to streamline operations and focus our resources on markets that will provide the best opportunity to implement our recently declared three year planned plan,” said Roland Smith, chairman and chief executive officer for Office Depot. “The AURELIUS Group has a proven track record of positioning its acquisitions for future success and we look forward to working with them to complete this transaction.”
Since 2005 AURELIUS has accomplished more than 70 transactions across Europe and specializes in investing in companies and corporate spin-offs, in addition to complex divisional carve-outs from corporates.
CenterPoint Energy, Inc. (NYSE:CNP), lost -0.22% and closed at $22.30 in the last trading session. The last trading range of the stock ranges between $22.10 and $22.49. During the 52-week trading session the minimum price at which share price traded, registered at $16.05 and reached to max level of $24.71. CenterPoint Energy, Inc., headquartered in Houston, Texas, is a domestic energy delivery company that includes electric transmission & distribution, natural gas distribution and energy services operations. The company serves more than five million metered customers mainly in Arkansas, Louisiana, Minnesota, Mississippi, Oklahoma, and Texas. The company also owns a 55.4 percent limited partner interest in Facilitate Midstream Partners, a publicly traded master limited partnership it jointly controls with OGE Energy Corp., which owns, operates and develops natural gas and crude oil infrastructure assets. With more than 7,400 employees, CenterPoint Energy and its predecessor companies have been in business for more than 140 years. For more information, visit the website.