Synaptics Adds 4%

Synaptics Adds 4%

Synaptics, a developer of human interface products, disclosed Tuesday an exclusive partnership with OXi Technology, a Shanghai-based developer of “unique and patented” optical fingerprint technology that was founded in 2014. Shares jumped 3.8% intraday. The collaboration includes combining technology prowess of both companies in the development of new proprietary optical sensing solutions for smartphones, tablets and PCs, according to a statement. As part of the deal, Synaptics has agreed to […]

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Energy Stocks Stretching Out Day-Long Advance

Energy Stocks Stretching Out Day-Long Advance

Energy stocks were broadly higher today, with the NYSE Energy Sector Index climbing to a 1.7% while shares of energy companies in the S&P 500 were up 1.8% as a group. Crude oil for January delivery was up 27 cents at $53.10 per barrel while January natural gas futures were unchanged at $3.51 per 1 million BTU. In company news, Hi-Crush Partners LP (HCLP) equity units declined Tuesday after the […]

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Toyota Motor’s Global Sales Anticipated to Surpass 10 Million This Year

Toyota Motor’s Global Sales Anticipated to Surpass 10 Million This Year

Toyota Motor’s global sales in 2016 are expected to top 10 million for a fourth consecutive year, according to a report from the Nikkei Asian Review. ADRs added less than 1% intraday. The company is expected to raise its 2017 projection above the unofficial figure of roughly 9.4 million it gave to suppliers in the summer, the news report said without saying where it got the information. A new all-time […]

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