Mobile World Congress – Verizon and McAfee a wholly owned subsidiary of Intel Corporation (NASDAQ:INTC) announced an extension of their agreement that now offers multi-device security to Verizon’s more than 9 million FiOS Internet and High Speed Internet (digital subscriber line) customers. With Verizon Internet Security Suite Multi-Device powered by McAfee, consumers and small businesses can protect all of their PCs, laptops, Macs, and Android smartphones and tablets with one easy-to-use central management console. Intel Corporation (NASDAQ:INTC) shares closed at $24.42 on last trade day, by losing -1.29%. Stock 52 week range is $20.10 – $27.12. Company’s market capitalization is $503.93 billion.
Advanced Micro Devices, Inc. (NYSE:AMD) stock has an average recommendation of Hold with an average target price of $3.96. Advanced Micro Devices, Inc. (NYSE:AMD) stock opened at $3.71 in last trading session, and closed at $3.69, trading in the range of $3.66 – $3.75. The stock showed a negative weekly performance of -0.27%.
Texas Instruments Incorporated (NASDAQ:TXN)and PureWave Networks, Inc., an innovative provider of advanced, cost-effective wireless base stations, announced their collaboration on a first-of-its-kind single-board, end-to-end (ENET to RF) solution platform for enterprise and pico small cell base stations. The Hercules solutions platform utilizes TI’s highly-integrated KeyStoneTM-based TCI6630K2L System-on-Chip (SoC), combined with TI’s analog front end transceiver, the AFE7500 , allowing customers to demonstrate 4G cellular functionality and performance right out of the box. This innovative platform is production optimized with BOM, schematics and layout files available for developers to use as a hardware design reference to speed time to market. Customers will receive a fully programmable solution that can be customized for Enterprise Power over Ethernet (PoE) + use cases and pico outdoor applications, while enabling 802.11ac/n Wi-Fi integration. Texas Instruments Incorporated (NASDAQ:TXN) stock finished the last session at $44.15. The EPS of the stock remained 1.92. Company’s market capitalization is $47.81 billion.
Freescale Semiconductor Ltd (NYSE:FSL) announced today that Freescale Semiconductor, Inc. (“Freescale”), its wholly owned indirect subsidiary, is seeking to (i) lower the interest rate of its existing senior secured term loan facility maturing in 2016 with an aggregate outstanding principal amount of $347 million (the “2016 Term Loan”) and extend the maturity to 2020; (ii) lower the interest rate applicable to its existing senior secured term loan facility maturing in 2020 with an aggregate outstanding principal amount of $2.37 billion (the “2020 Term Loan”); and (iii) receive commitments for a new senior secured term loan facility under its existing senior secured credit facilities. The proceeds from the new term loan are intended to be used to refinance any portion of the 2016 Term Loan and 2020 Term Loan not so amended. The Company intends to pay fees and expenses with cash on hand. Freescale Semiconductor Ltd (NYSE:FSL) stock closed at $22.71 in last trading session. The 52 week range of the stock is $12.35 – $23.29.