Current Trade Stocks Recap: Voya Financial (NYSE:VOYA), Enbridge (NYSE:ENB), Autodesk, (NASDAQ:ADSK), ARM Holdings (NASDAQ:ARMH)
Voya Financial, Inc. (VOYA) declared that its Employee Benefits business has launched a newly-designed Group Term Life1 product, offering employers raised ease and flexibility when providing life insurance options to their employees.
Industry research shows that simply having the opportunity to purchase coverage through the workplace prompts the majority of employees to pursue life insurance coverage. This is particularly true among Generation X and Y, who make up about three-quarters of workplace life insurance customers.2
Voya Employee Benefits’ Group Term Life offering complements the company’s existing portfolio of voluntary benefits solutions, which are designed with a focus on simplicity and ease of use for employers and employees. The improved features comprise a variety of coverage options for employees, and life insurance benefits that can be used to assist cover everyday expenses counting funeral costs, medical bills, mortgage payments and college tuition. Through an optional rider, an insured employee may be eligible to receive a portion of their benefit if they should become permanently confined to a healthcare facility. This benefit can be paid on a monthly basis, providing a stream of income for an employee or their family.
Voya Financial, Inc. operates as a retirement, investment, and insurance company in the United States. The company has five segments: Retirement, Annuities, Investment Administration, Individual Life, and Employee Benefits. The Retirement segment offers tax-deferred employer-sponsored retirement savings plans and administrative services in corporate, education, healthcare, and government markets; and rollover individual retirement accounts and other retail financial products, in addition to financial advisory services to individual customers. This segment sells its products to small companies, corporations, and government entities directly, in addition to through third-party administrators, wirehouse associated brokers, registered investment advisors, independent sales agents, and consulting firms.
Enbridge Inc (USA) (NYSE:ENB)‘s shares gain 2.03% to $47.69, during the current trading session Monday’s, hitting its highest level.
Enbridge Inc. (ENB) (ENB) has reached agreement with Enbridge Income Fund (the Fund) to transfer its Canadian Liquids Pipelines Business, held by Enbridge Pipelines Inc. (EPI) and Enbridge Pipelines Athabasca Inc. (EPA), and certain Canadian renewable energy assets to the Fund for consideration payable at closing valued at $30.4 billion (the Transaction). The Transaction is subject to customary regulatory approvals and closing conditions, in addition to a vote of the public shareholders of Enbridge Income Fund Holdings Inc. (ENF.TO) (ENF), which is predictable to occur in August 2015.
The Transaction is a key component of Enbridge’s Financial Strategy Optimization introduced in December of last year which comprised of an enhance in the Company’s targeted dividend payout. It advances the Company’s sponsored vehicle strategy and supports Enbridge’s formerly declared 33 percent dividend enhance in 2015 and predictable annual average dividend per share (DPS) growth of 14 to 16 percent from 2016 through to 2018. It also positions Enbridge to extend its industry leading DPS growth beyond 2018. The Transaction is predictable to provide Enbridge with an alternate source of funding for its enterprise wide growth initiatives and enhance its competitiveness for new organic growth opportunities and asset acquisitions.
Enbridge Inc. operates as an energy transportation and distribution company in the United States and Canada. Its Liquids Pipelines segment operates common carrier and contract crude oil, natural gas liquids (NGL), and refined products pipelines and terminals. The companys Gas Distribution segment operates as a natural gas utility that serves residential, commercial, and industrial customers in Central and Eastern Ontario, and Northern New York State, in addition to in Quebec and New Brunswick. Its Gas Pipelines, Processing and Energy Services segment has interests in natural gas pipelines, counting the Vector Pipeline and transmission and gathering pipelines in the Gulf of Mexico, in addition to holds an interest in Aux Sable, a natural gas fractionation and extraction facility.
In an afternoon trade, Autodesk, Inc. (NASDAQ:ADSK)‘s shares surge 1.90% to $54.59.
esponding to the President’s call to action to create a Nation of Makers, and as part of a White House event kicking off the National Week of Making, Autodesk, Inc. (ADSK) is announcing Autodesk Project Ignite, a free* and open learning platform that builds the skill and confidence of young learners through creative, hands-on design experiences focused on the latest technology trends like 3D printing and electronics.
Targeting K-12 schools, Project Ignite encompasses the end-to-end design experience, from idea to digital modeling to physical fabrication. It brings together free* and custom design software, step-by-step projects and for-purchase hardware options. Autodesk’s Project Ignite, Tinkercad and 123D Circuits web sites are COPPA safe-harbor certified by CARU Kid’s Privacy Safe Harbor Program.
With Autodesk’s long history in education, it understands first-hand how young learners have the potential to change the world when given the right tools and inspiration. The Project Ignite learning platform adds to Autodesk’s comprehensive free* offerings in education by delivering a unique package of technology, learning content and services created specifically to bring the Maker Movement into the classroom.
Autodesk, Inc. operates as a design software and services company worldwide. The company’s Architecture, Engineering and Construction segment offers Autodesk Building Design Suites to manage various phases of design and construction; Autodesk Revit products that provide model-based design and documentation systems; Autodesk Infrastructure Design Suites; AutoCAD Civil 3D products that offer a surveying, design, analysis, and documentation solution; and AutoCAD Map 3D software, which offers direct access to data needed for infrastructure planning, design, and administration. Its Platform Solutions and Emerging Business segment offers AutoCAD software, a computer-aided design application for professional design, drafting, detailing, and visualization; and AutoCAD LT, a professional drafting and detailing software.
ARM Holdings plc (ADR) (NASDAQ:ARMH), during its Monday’s current trading session 1.61% gain and closed at $53.80.
ARM Holdings plc (ADR) (ARMH) has signed an expansive long-term graphics technology agreement with Samsung to enable the creation of next generation devices capable of delivering even more compelling visual experiences. The subscription license covers ARM® Mali™ graphics processing units (GPUs) counting the Mali-T820/830/860, the recently declared Mali-T880 and all future Mali GPUs.
This long term contract with ARM allows Samsung to continue creating innovative products addressing a range of price and performance points to meet the evolving needs of multiple markets. Samsung is already utilizing ARM Mali technology in SoCs powering an impressive range of leading consumer products.
ARM Holdings plc, together with its auxiliaries, designs microprocessors, physical intellectual property (IP), and related technology and software. The company also sells development tools that enhance the performance of embedded applications. Its products comprise microprocessor cores that comprise of specific functions, such as video, graphics, and display technology IP; and physical IP components for the design and manufacture of integrated circuits, which comprise embedded memory, standard cell, and input/output components.
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