On Tuesday,Shares of Hewlett Packard Enterprise Co (NYSE:HPE), subtract -1.10% and closed at $22.39 in the last trading session. The last trading range of the stock ranges between $22.26 and $22.93. Samsung Electronics Co., Ltd. and Hewlett Packard Enterprise ( NYSE : HPE ) recently declared a partnership that will provide carriers with integrated network functions virtualization (NFV) infrastructure and virtual network functions (VNF) solutions. This kind of partnershipis critical to both carriers and customers increasingly looking to implement pre-tested and integrated multi-vendor solutions based on an open architecture.
The new partnership brings together two best-in-class solutions, merging Samsung’s carrier network and HPE’s IT telecommunications expertise. Together, the solutions will assist carriers accelerate their transformation from networks built on monolithic, proprietary appliances to more agile cloud-based networks facilitated by NFV.
Pan American Silver Corp. (USA) (NASDAQ:PAAS), dropped -11.17% and closed at $15.74 in the last trading session. The last trading range of the stock ranges between $15.59 and $17.04. The company’s Market capitalization is $2.43 Billion with the total Outstanding Shares of 152.09 million. Pan American Silver Corp. is one of the leading primary silver producers in the world. We own and operate seven mines in Mexico, Peru, Argentina and Bolivia. Pan American also owns several development projects in the USA, Mexico, Peru and Argentina. Our mission is to be the world’s pre-eminent silver producer, with a reputation for excellence in discovery, engineering, innovation and sustainable development. The Company is headquartered in Vancouver, B.C. and our shares trade on NASDAQ (PAAS) and the Toronto Stock Exchange (PAA).
Rice Energy Inc (NYSE:RICE), remain flat and closed at $26.66 in the last trading session. The last trading range of the stock ranges between $26.29 and $27.06. During the 52-week trading session the minimum price at which share price traded, registered at $7.92 and reached to max level of $29.36. Rice Midstream Partners LP (RMP) (“RMP” or the “Partnership”) recently declared that it has priced a private placement of 20,930,233 common units representing limited partner interests for gross proceeds of about $450 million. The closing of the private placement is expected to occur on October 7, 2016, subject to certain customary closing conditions.
RMP intends to use a portion of the net proceeds from the private placement to fund a portion of the acquisition from Rice Energy Inc. (“Rice Energy”) of the midstream assets associated with Rice Energy’s formerly declared acquisition of Vantage Energy, LLC and Vantage Energy II, LLC (the “Acquisition”). The remaining net proceeds will be used for general partnership purposes, counting potential future drop down acquisitions from Rice Energy. The private placement is not conditioned on the consummation of the Acquisition, and there can be no assurance the Acquisition will be accomplished.