FormFactor Inc. (NASDAQ:FORM) declared that it will report financial results for its 2015 fiscal second quarter on Wednesday, July 29, 2015, at 1:30 p.m. Pacific Daylight Time. FormFactor, Inc. (NASDAQ: FORM) helps semiconductor manufacturers test the integrated circuits (ICs) that power consumer mobile devices, as well as computing, automotive and other applications. The company is one of the world’s leading providers of essential wafer test technologies and expertise, with an extensive portfolio of high-performance probe cards for DRAM, Flash and SoC devices. Shares of FormFactor Inc. (NASDAQ:FORM) opened at $9.10 with 57.59 million outstanding shares and hit to its highest price of $9.29 during the day and finally closed at $9.10 by scoring -0.66%. In the whole session, it traded on volume of 290851 shares, which turned higher than its average volume.
Mesa Laboratories Inc. (NASDAQ:MLAB) released that purchase of Infitrak Inc. and its holding company, 2396081 Ontario Inc., located near Toronto, in Markham, Ontario. Under the terms of the transaction, we acquired all of the outstanding shares of common stock of Infitrak, whose business involves providing consulting, packaging and measuring solutions for cold chain applications. The acquisition price for Infitrak consisted of cash consideration of $12,000,000 CDN (approximately $9,600,000 USD) which is subject to a minor working capital adjustment, and a future contingent payment of up to $12,000,000 USD, based on the growth of Infitrak’s cold chain business during the first two years following the acquisition. The acquisition of Infitrak is expected to add approximately $5,500,000 to Mesa’s revenues and to be accretive to our diluted net income per share during the first twelve months. Mesa Laboratories Inc. (NASDAQ:MLAB) stock hit highest price at $90.50, beginning with a price of $89.89 to close at 90.47 by a loss of -0.19% with a day range of $88.18-$90.50. The total market capitalization remained 323.52 Million, total volume of 5200 shares held in the session was surprisingly higher than its average volume of 7.40 shares.
Global investment firm, KKR & Co. L.P. (NYSE:KKR) together with Italian REIT’s Hines Italia SGR and COIMA released purchase of five telecom assets leased to Italian phone carrier Telecom Italia SpA (TI). This is KKR’s first real estate takeover in Italy. The assets were acquired from “Tecla Fondo Uffici”, a closed ended fund managed by Italian property firm Prelios SPR, for 49 million euros. Tecla Fondo Uffici is the first private seeded real estate fund in Italy.The acquired portfolio has a total area of 35,500 square meters. It consists of five separate sites, in Rome, Monza, Parma, San Remo and Pavia.Since launching a dedicated real estate platform in 2011, KKR has committed over $2 billion to 50 real estate transactions in the U.S., Europe and Asia as of the first quarter of 2015. On the other consideration, KKR & Co. L.P. (NYSE:KKR) begun last trade with a price of $23.10 and throughout the trading session climbed at $23.27. The day-trade ended with a decrease of -0.52% to close at $23.15.
