Stocks Intraday Alert: Harman International Industries Inc (NYSE:HAR), Dow Chemical Co (NYSE:DOW)

On Wednesday, Shares of Harman International Industries Inc (NYSE:HAR), subtract -0.26% and closed at $109.20 in the last trading session. The last trading range of the stock ranges between $109.10 and $109.92. Harman International Industries, Incorporated designs and engineers connected products and solutions for automakers, consumers, and enterprises worldwide. The company operates through four segments: Connected Car, Lifestyle Audio, Professional Solutions, and Connected Services. The Connected Car segment designs, manufactures, and markets connected car systems for vehicle applications to be installed as original equipment by automotive manufacturers, in addition to produces an infotainment system for Harley-Davidson touring motorcycles. This segment also offers automotive cyber security solutions. The Lifestyle Audio segment offers car audio systems for vehicle applications, in addition to provides a range of consumer audio products, counting mid-to high-end loudspeakers and electronics, headphones, embedded audio products for consumer electronics, and branded portable wireless speakers. The Professional Solutions segment designs, manufactures, and markets audio, lighting, video and control, and automation solutions for entertainment and enterprise applications, such as live concerts and festivals, stadiums, airports, hotels and resorts, conference centers, educational institutions, command centers, and houses of worship. Its products include loudspeakers, amplifiers, digital signal processors, microphones, headphones, mixing consoles, guitar pedals, lighting, video and control, and enterprise automation solutions.

Dow Chemical Co (NYSE:DOW), jumped 0.02% and closed at $53.18 in the last trading session. The last trading range of the stock ranges between $53.02 and $53.71. The company’s Market capitalization is $59.31 Billion with the total Outstanding Shares of 1.12 Billion. More productive cassava plants, a root crop that is foundational for food security in Africa, will be made possible by a contract between Dow AgroSciences, a wholly owned partner of The Dow Chemical Company (DOW), and Agriculture Victoria, Australia, Cornell University and the Boyce Thompson Institute (BTI).

Dow AgroSciences has collaborated with Agriculture Victoria through its commercial arm, Agriculture Victoria Services Pty Ltd. (AVS), to develop Optimum Haploid Value™ (OHV) technology that can select the optimal parent varieties for plant breeding. This technology is being granted to BTI and Cornell University via a non-exclusive, royalty-free license for non-profit use to support cassava improvement. NextGen is an international partnership that benefits the International Institute of Tropical Agriculture (IITA) and the National Root Crops Research Institute (NRCRI) breeding centers in Nigeria, the National Crops Resources Research Institute (NaCRRI) in Uganda, and the Tanzania Agricultural Research Institute (TARI). The Cornell-led project is funded by a $25 million, five-year grant from the Bill & Melinda Gates Foundation and the Department for International Development of the United Kingdom.

“Making the best use of agricultural technology is essential to feed the growing world, and sharing the OHV technology to improve cassava’s genetic gains is a great example of our desire to provide solutions for farmers around the world,” said Steve Webb, External Technology and Intellectual Property Portfolio Development Leader, Dow AgroSciences.

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