One of India’s leading telecommunication service providers, Vodafone Group Plc (ADR) (NASDAQ:VOD) planning to cut drunken driving during the festive season, it released a sole initiative in Kerala ‘Safe Drive Campaign’. A press release declared that the plan was released in association with Motors Vehicle Department.
This is in sequence with firm’s long-term promise to get highest standards of health, safety, and well-being in addition to around the community that it operates in. Staying in mind the party season, the ‘Safe Drive Campaign’ will be detains until January 2 advising and educating people to pursue safe driving practices.
Vodafone Group Plc (ADR) (NASDAQ:VOD) reported the gain of +1.30% and closed at $39.04 with the total traded volume of 2.84 million shares. Its price to sales ratio ended at 2.78 and its price to cash per share was $11.59. Its market capitalization is $189.20 billion. The stock owned by the Financial Institutions was 13%.
On the other side Chipmaker Advanced Micro Devices, Inc. (NYSE:AMD) released a dual AMD FirePro professional graphics solutions (GPUs) to improve the performance levels of the Apple’s Mac Pro workstation. The firm reported in a release that AMD’s FirePro D300, D500 and D700 professional GPUs propose outstanding compute power and reliability for creativity and productivity in a extensive range of applications.
By means of industry-adopted Open Computing Language (OpenCL) support, Mac Pro users have the capability to flawlessly edit full-resolution 4K video as well as simultaneously render consequences in the background along with still have sufficient performance to power up to three high-resolution 4K displays, it added.
The corporate vice president and general manager of AMD, Graphics Business Unit, Matt Skynner stated that they are very proud to propose dual AMD FirePro professional graphics in the new Mac Pro to empower users with the power and performance they require for uncompromising creativity and productivity. AMD conceits itself on quality support as well as development for their professional graphics solutions. While backed by award winning graphics technology, they think Mac Pro users will experience top notch results by means of AMD FirePro GPUs.
Advanced Micro Devices, Inc. (NYSE:AMD)’s shares edged up +0.53% to close at $3.77 with the overall traded volume of 6.80 million shares. Its market capitalization was $2.73 billion. Its debt to equity ratio was 4.72. Its beta value stands at 2.19 times and return on equity was -147.80%.
As well, Hard disk drive maker Seagate Technology PLC (NASDAQ:STX) recently declared that it will purchase data storage firm Xyratex Ltd. (NASDAQ:XRTX) for around $374M to enlarge its storage business and improve its supply chain. The firm released that the offer is $13.25-per-share that is a 27% premium to Xyratex’s Friday closing price of $10.45 per share. Xyratex stock surged $2.81, or 27 percent, to $13.26 in midday trading, its highest point in more than a year.
Seagate Technology PLC (NASDAQ:STX) has the market capitalization of $18.24 billion, enterprise value of $18.06 billion. The company has the price over sales value of $1.29 whereas its price over book value of $5.46 for the most recent quarter. STX has the total of cash of $2.41 billion as compares to total debt of $2.77 billion for the most recent quarter with the current ratio of 2.24 for the most recent quarter.
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