Intel Partners With Unisys on Secure Computing Platform and 2 Other Hot Stocks to Watch
Intel Corp. (NASDAQ:INTC): Current price $22.50
Unisys Corporation announces that it is collaborating with Intel to bring the market a breakthrough secure computing platform. It will be created to handle the most demanding needs of mission-critical cloud and big data workloads while providing Unix clients with a cost-effective path off legacy RISC-based platforms onto an Intel-based environment. The new platform will be introduced later this year, building on Unisys’ security in mission-critical computing, uniting Unisys’ advanced secure partitioning tech with innovative computing, and security features of Intel Xeon family processors — permitting an extremely flexible and powerful environment.
21st Century Fox Inc. (NASDAQ:FOXA): Current price $33.04
Rupert Murdoch’s new 21st Century Fox has reached a 12-year agreement to broadcast the U.S. Open golf tournaments, taking a marquee event from NBC and ESPN. On Wednesday, the media company said in a statement with the United States Golf Association that the Fox broadcast network and the new cable channel Fox Sports 1 will carry the U.S. Open, the U.S. Women’s Open, and the U.S. Senior Open championships from 2015 to 2026. The arrangement includes broadcast, cable, and multimedia rights, and will represent Fox’s first move into professional golf.
Turquoise Hill Resources Ltd. (NYSE:TRQ): Current price $4.88
Turquoise Hill announced that it has received a $235-million advance payment for the Altynalmas Gold transaction and has okayed a binding term sheet with the majority shareholder Rio Tinto for a new funding arrangement that was created to address Turquoise Hill’s cash requirements through the end the year. Subsequent to the announcement on August 2, regarding Turquoise Hill’s sale of its 50-percent interest in Altynalmas Gold Ltd., it has now received $235 million from Sumeru Gold BV. The payment has been used to repay, in full, the current $225-million bridge funding agreement made with Rio Tinto on June 28, 2013.