On Friday, Shares of Micron Technology, Inc. (NASDAQ: MU), added 1.66% and closed at $17.13 in the last trading session. The last trading range of the stock ranges between $16.99 and $17.41. The CCIX consortium recently declared that it has tripled its membership and has released the specification to consortium members. Founding members, AMD, ARM, Huawei, IBM, Mellanox Technologies, Qualcomm Technologies Inc., and Xilinx, Inc., welcome new members representing silicon providers and ecosystem partners in design, verification, software, and systems:
Avery Design Systems
Cadence Design Systems, Inc.
Integrated Device Technology, Inc.
Keysight Technologies, Inc.
Micron Technology, Inc.
Red Hat Inc.
CCIX allows processors based on different instruction set architectures to extend their cache coherency to accelerators, interconnect, and I/O. These highly capable accelerators become a key component in the processor system. The availability of the CCIX technology gives system designers the flexibility to choose the right combination of heterogeneous components from multiple vendors and address their specific system needs.
HP Inc (NYSE:HPQ), dropped -4.42% and closed at $14.48 in the last trading session. The last trading range of the stock ranges between $14.48 and $15.00. The company’s Market capitalization is $23.68 Billion with the total Outstanding Shares of 1.71 billion. HP ( NYSE : HPQ )
Estimates GAAP diluted net earnings per share from continuing operations for fiscal 2017 of $1.47 to $1.57
Estimates non-GAAP diluted net earnings per share for fiscal 2017 of $1.55 to $1.65
Estimates fiscal 2017 free cash flow of $2.3 to $2.6 billion
Increases planned quarterly dividend amount by 7%
Declares additional share repurchase authorization of $3 billion for future repurchases
Anticipates to return 50-75% of fiscal 2017 free cash flow to shareholders through dividends and share repurchases
Recently at HP Inc.’s 2016 Securities Analyst Meeting (SAM), the company offered details on its strategy and opportunities for long-term growth, coupled with its financial outlook for FY17.
“I’m proud of the progress we have made in our first year as the new HP. Our focus is clear, our execution is solid, and we are positioned well for the next step in our journey,” said Dion Weisler, President and CEO, HP. “We are confident in our strategy and believe it will continue to produce reliable returns and cash flow, while also enabling HP to invest in differentiated innovation and long-term growth.”
Cisco Systems, Inc. (NASDAQ:CSCO), jumped 0.03% and closed at $30.18 in the last trading session. The last trading range of the stock ranges between $30.16 and $30.55. The company’s Market capitalization is $151.38 Billion with the total Outstanding Shares of 5.03 billion. During the 52-week trading session the minimum price at which share price traded, registered at $22.46 and reached to max level of $31.95. FloSports recently declared new apps available on the Roku and Apple TV platforms that will give consumers direct access to its live events, documentaries, studio shows, highlights and other original video content across its network of sites. Using the Cisco Infinite Video Platform, FloSports now offers a complete multi-screen experience for the millions of sports fans it serves each month.
“As the leading direct-to-consumer sports media network, FloSports is committed to providing die-hard sports fans more content on more platforms across all devices,” FloSports co-founder and CEO Martin Floreani said. “Recently’s news gives the leagues, governing bodies and other rights holders we partner with the ability to showcase their events on the world’s most popular OTT platforms. We’re excited to give our subscribers the living room sports viewing experience that they want.”
The FloSports apps are free to download and include both free and premium content. Existing FloPRO subscribers on any FloSports website can view premium content with their existing login information, while new users can purchase FloPRO subscriptions via in-app purchases. Yearly subscribers to any FloSports website have universal access to premium content network-wide.