Traders Recap: Finisar Corporation (NASDAQ:FNSR), Koninklijke Philips NV (ADR)(NYSE:PHG), Aramark (NYSE:ARMK)

On Friday, Shares of Finisar Corporation (NASDAQ:FNSR), added 1.09% and closed at $29.80 in the last trading session. The last trading range of the stock ranges between $29.47 and $29.94. Finisar Corporation provides optical subsystems and components for data communication and telecommunication applications in the United States, Malaysia, China, and internationally. Its optical subsystems mainly consist of transmitters, receivers, transceivers, transponders, and active optical cables that provide the fundamental optical-electrical or optoelectronic interface for interconnecting the electronic equipment used in communication networks, counting the switches, routers, and servers used in wireline networks, in addition to the antennas and base stations used in wireless networks. The company also offers wavelength selective switches, which are used to switch network traffic from one optical fiber to multiple other fibers without converting to an electronic signal. In addition, it provides optical components comprising packaged lasers, receivers, and photodetectors for data communication and telecommunication applications; and passive optical components for telecommunication applications.

Koninklijke Philips NV (ADR)(NYSE:PHG), jumped 0.71% and closed at $29.59 in the last trading session. The last trading range of the stock ranges between $29.35 and $29.80. The company’s Market capitalization is $28.28 Billion with the total Outstanding Shares of 927.32 million.Royal Philips (NYSE: PHG, AEX: PHIA), a leading health technology company, recently presented the results of a Spectral CT scan of the tail vertebrae of Trix, a 66 million year old Tyrannosaurus Rex dinosaur. Working with Leiden’s Naturalis museum in the Netherlands, Philips offered to scan one of the world’s most complete and best preserved T. Rex skeletons. The aim of the scan was to evaluate how images of Trix’s tail vertebrae obtained using Philips’ IQon Spectral CT imaging differ from conventional CT images, and to provide a level of detail not visible to paleontologists until now.

Trix, who was discovered in Montana, USA, in 2013, was purchased by the Naturalis museum and transported to the Netherlands on August 23, 2016. For 66 million years this carnivorous dinosaur lay buried in the rocks. As the organic matter had virtually all disappeared, only the skeleton was left, and over the millennia a mineralization process took place. As a result, Trix’s fossilized bones can be considered ‘remineralized’ representations of her original bones.

The smaller bones in the tail of a T. Rex fossil are often missing, lost to scavenging or washed away by currents before burial and fossilization. Intact smaller tail elements of a T. Rex are therefore rare, and Philips was not aware of much prior work on the internal structure of these elements. However, Trix has a beautifully preserved tail. Paleontologist and dinosaur expert Anne Schulp of Naturalis was keen to examine Trix’s vertebrae in greater detail. On August 31, her four tail vertebrae (C20 – C23) were scanned on a Philips IQon Spectral CT scanner in Best, in the Netherlands.

Aramark (NYSE:ARMK), jumped 0.34% and closed at $38.03 in the last trading session. The last trading range of the stock ranges between $37.92 and $38.29. During the 52-week trading session the minimum price at which share price traded, registered at $29.18 and reached to max level of $38.30. Aramark provides food, facilities, and uniform services to education, healthcare, business and industry, sports, leisure, and corrections clients in North America and internationally. The company’s managed services include dining, catering, food service administration, convenience-oriented retail operations, grounds and facilities maintenance, custodial, energy and construction administration, and capital project administration. It also provides non-clinical support services, such as patient food and nutrition, and retail food services; and facilities services comprising clinical equipment maintenance, environmental, laundry and linen distribution, plant operations, planned/technical, energy and supply chain administration, purchasing, and central transportation. In addition, the company offers on-site restaurants, catering, convenience stores, and executive dining services; coffee and vending services; and facility administration services comprising housekeeping, plant operations and maintenance, energy administration, laundry and linen, grounds keeping, landscaping, transportation, capital program administration and commissioning, and other facility consulting services. Further, it provides facility and business support services for mining and oil operations; and concessions, banquet and catering, retail and merchandise sales, recreational and lodging, and facility administration services for sports, entertainment, and recreational facilities. In Addition To, the company offers correctional food, and food and facilities administration services for parks; and operates commissaries, laundry facilities, and property rooms. Furthermore, it rents, sells, cleans, maintains, and delivers uniform and career apparel, and other textile items; and provides other garments and work clothes, in addition to ancillary items.

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