SBA Communications Corporation (Nasdaq:SBAC) declared it will release its third quarter results on Thursday, October 28, 2010 after market close. SBA will host a conference call on Friday, October 29, 2010 at 10:00 AM (EDT) to discuss these results. The call may be accessed as follows:
When: Friday, October 29, 2010 at 10:00 AM (EDT), Dial-in Number: (800) 230-1093, Conference Call Name: SBA Third Quarter Results, Replay Available: October 29, 2010 at 1:00 PM (EDT) through November 11, 2010 at 11:59 PM (EST), Replay Number: (800) 475-6701, Access Code: 173613, and the Internet Access: sbasite.com.
SBA is a leading independent owner and operator of wireless communications infrastructure in North and Central America.
Vishay Intertechnology Inc. (NYSE: VSH) released two new devices in its industry-first family of power MOSFETs built on an enhanced process flow with strict manufacturing process controls for implantable medical applications.
The devices released today are an n- and p-channel 12 V MOSFET in the PowerPAKÂ® SC-70 (SMMA511DJ) and a 20 V dual n-channel MOSFET in the PowerPAK SC75 (SMMB912DK). The new MOSFETs are distinguished from commercial devices by their high quality and reliability as ensured by enhanced quality control gates for every lot: statistical bin limit (SBL), yield limit (SYL), and part average testing (PAT) controls for wafers and component packages, and homogeneous reliability testing for all wafer lots. The rigorous SMM medical MOSFET process flow also includes an acceptable quality level (AQL) of 0.04 %.
Vishay Intertechnology, Inc. is one of the world's largest manufacturers of discrete semiconductors (diodes, MOSFETs, and infrared optoelectronics) and passive electronic components (resistors, inductors, and capacitors).
El Paso Midstream Group, Inc., a subsidiary of El Paso Corporation (NYSE:EP), and Spectra Energy Corp, recently disclosed the execution of a Memorandum of Understanding (NASDAQ:MOU) to jointly develop the proposed Marcellus Ethane Pipeline System (MEPS) project. Under the terms of the MOU, El Paso Midstream and Spectra Energy will each own a 50-percent interest and jointly operate MEPS.
The MEPS project, previously announced by El Paso, would be designed to transport up to 60,000 barrels per day of ethane from fractionation plants in the ethane-rich Marcellus Shale production region to interconnect points with third-party ethane pipelines and storage facilities in the Gulf Coast area. With the newly announced joint effort, MEPS will utilize both existing rights-of-way and infrastructure of Spectra Energy's Texas Eastern pipeline system in Pennsylvania and Ohio, as well as portions of El Paso's Tennessee Gas Pipeline system from Ohio to the Gulf Coast.
El Paso Corporation provides natural gas and related energy products in a safe, efficient, and dependable manner. The company owns North America's largest interstate natural gas pipeline system and one of North America's largest independent natural gas producers.
MFA Financial, Inc. (NYSE: MFA) announced that as part of a re-securitization transaction on October 8, 2010 it sold an aggregate of $985.2 million in principal value of Non-Agency residential mortgage-backed securities to Deutsche Bank Securities, Inc. In connection with this transaction, third-party investors purchased $246.3 million of face amount of variable rate, sequential senior bonds rated "AAA" by Standard & Poor's, issued by Deutsche Mortgage Securities, Inc. Remic Trust, Series 2010-RS2. The Senior Bonds have a weighted average life of 1.3 years and a pass-through rate of one-month LIBOR + 125 basis points. Since MFA will consolidate the Trust, MFA views this structured transaction as effectively financing the underlying RMBS at an attractive rate.
MFA is a real estate investment trust primarily engaged in the business of investment, on a leveraged basis, in Agency and Non-Agency residential mortgage-backed securities.
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