On Tuesday, Shares of Himax Technologies, Inc. (ADR)(NASDAQ: HIMX), subtract -0.81% and closed at $8.60 in the last trading session. The last trading range of the stock ranges between $8.50 and $8.72. Himax Technologies, Inc. (HIMX) (“Himax” or “Company”), a leading supplier and fabless manufacturer of display drivers and other semiconductor products, recently reiterates the Company’s Q3 guidance and its business outlook for the remainder of 2016. In light of the recent unusual volatility of the share price and the abnormally high trading volume, the company highlights its confidence that the overall business prospects remain intact as CEO iterated from the last earnings call.
Regards to the AR/VR business that many shareholders believe to offer the most exciting long term growth prospect, with little competition, the Company continues to work with 30+ customers for various AR devices using LCOS microdisplay and/or WLO with the list of customer still growing. The Company’s design engagements cover leading companies in a wide variety of industries in addition to niche players with innovative product ideas. More of the Company’s customers are expected to bring their AR products to the market next year.
Parker-Hannifin Corp (NYSE:PH), dropped -0.84% and closed at $123.65 in the last trading session. The last trading range of the stock ranges between $123.03 and $124.77. The company’s Market capitalization is $16.43 Billion with the total Outstanding Shares of 133.77 million. Parker-Hannifin Corporation manufactures and sells motion and control technologies and systems for various mobile, industrial, and aerospace markets worldwide. The company operates in two segments, Diversified Industrial and Aerospace Systems. The Diversified Industrial segment provides pneumatic, fluidic, and electromechanical components and systems; static and dynamic sealing devices; filters, systems, and diagnostics solutions to monitor and remove contaminants from fuel, air, oil, water, and other liquids and gases; connectors, which control, transmit, and contain fluid; hydraulic components and systems for builders and users of industrial and mobile machinery and equipment; and critical flow components for process instrumentation, healthcare, and ultra-high-purity applications, in addition to components for use in refrigeration and air conditioning systems, and in fluid control applications for processing, fuel dispensing, beverage dispensing, and mobile emissions. This segment sells its products to original equipment manufacturers and their replacement markets in manufacturing, packaging, processing, transportation, mobile construction, refrigeration and air conditioning, agricultural, and military machinery and equipment industries. The Aerospace Systems segment offers products for use in commercial and military airframe and engine programs, counting control actuation systems and components, engine systems and components, fluid conveyance systems and components, fuel systems and components, fuel tank inserting systems, hydraulic systems and components, lubrication components, power conditioning and administration systems, thermal administration, and wheels and brakes.
Skyline Medical Inc (NASDAQ:SKLN), dropped -0.25% and closed at $0.163 in the last trading session. The last trading range of the stock ranges between $0.16 and $0.17. During the 52-week trading session the minimum price at which share price traded, registered at $0.08 and reached to max level of $6.76. Skyline Medical Inc. (SKLN) (“Skyline” or “the Company”), producer of the FDA-approved STREAMWAY® System for automated, direct-to-drain medical fluid disposal, declared recently that Dr. Carl Schwartz, Interim Chief Executive Officer of Skyline Medical; Bob Beringer, Chief Executive Officer of Electronic On-Ramp; and Richard Gabriel, Co-founder and Chief Operating Officer of GLG Pharma, LLC. will be interviewed on WPSL’s “MONEYINFO by PRINCETON RESEARCH with MIKE KING and CHARLES MOSKOWITZ” show on Tuesday, September 27th. The show will begin at 10:05 a.m. Eastern time and administration’s interview will begin at 10:20 a.m.
Administration is expected to discuss recent news that Skyline Medical has signed a partnership agreement with GLG, which intends to develop rapid diagnostic tests that utilize fluid and tissue collected by the STREAMWAY System during procedures, and its expected joint venture with Electronic On-Ramp to supply STREAMWAY to U.S. government mobile operating rooms, counting disaster relief sites.