Shares of Zayo Group Holdings Inc (NYSE:ZAYO) ended Friday session in green amid volatile trading. The shares closed up +0.35 points or 1.21% at $29.22 with 4,630,274 shares getting traded. Post opening the session at $28.83, the shares hit an intraday low of $28.73 and an intraday high of $29.25 and the price vacillated in this range throughout the day. The company has a market cap of $7.18 billion and the numbers of outstanding shares have been calculated to be 242.65 million shares.
On September 14, 2016 Zayo Group Holdings, Inc. (ZAYO), the global leader in Communications Infrastructure, has named industry leader Amanda Tierney as executive vice president of Network Connectivity. In her role, she is responsible for the wavelengths, Ethernet, IP and SONET Strategic Business Units.
Tierney joins Zayo from Charter Communications where she served as vice president of Commercial Marketing. Prior to Charter, she held leadership positions during her nine-year tenure at Level 3 in customer care, market management, strategy, wholesale and large enterprise. She began her career at Citi as a financial analyst and investment officer. Tierney holds an MBA from Stanford and a Bachelor of Arts from Bucknell University.
“Amanda is a versatile and seasoned leader, with a strong background in technology, strategy and effective execution,” said Chris Morley, COO at Zayo. “She stands out as someone with the right combination of skills, technology expertise and leadership ability to help us navigate our continued growth.”
“Zayo has achieved amazing results in its short history, and has a dynamic, inclusive culture,” said Tierney. “I am excited about the opportunity to work with the team, which includes many industry colleagues and friends, to drive continued success for Zayo.”
Shares of Maxim Integrated Products Inc. (NASDAQ:MXIM) ended Friday session in red amid volatile trading. The shares closed down -0.18 points or -0.46% at $38.81 with 4.58 million shares getting traded. Post opening the session at $39.32, the shares hit an intraday low of $38.40 and an intraday high of $39.32 and the price vacillated in this range throughout the day. The company has a market cap of $10.95 billion and the numbers of outstanding shares have been calculated to be 283.51 million shares.
On Sept. 7, 2016 New cell-string optimizer technology from Maxim Integrated Products, Inc. (MXIM) allows photovoltaic (PV) panels to harvest significantly more energy and simplifies design complexity for solar installation projects.
Maxim’s cell-string optimizers are highly integrated DC-DC converters that replace the bypass diode and perform maximum power point tracking (MPPT) deep inside the PV module. By replacing each diode with a MPPT device, the on-off response to performance mismatch is eliminated; every cell-string contributes maximum power without interfering with the power production capability of others. This enhanced degree of flexibility leads to increased energy production; eliminating collateral performance loss due to module mismatch, degradation, soiling, localized shading, and row shading loss mechanisms.
Based on the company’s industry leading power semiconductor technology, Maxim’s cell-string optimizer is the first integrated power IC to perform MPPT and first to be embedded within the PV module.