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Philips announces exchange ratio for 2016 dividend in shares


  Amsterdam, the Netherlands – Royal Philips (NYSE: PHG, AEX: PHIA) today announced that the exchange ratio for the dividend in shares for the year 2016 has been determined. The exchange ratio is 1 new common share for every 39.7547 existing common shares. This ratio was based on the volume weighted average price on Euronext Amsterdam of June 7, 8 and 9, 2017, of EUR 31.7738 and was calculated in a manner that the gross dividend in shares is approximately equal to the gross dividend in cash.   Shareholders were given th... Read More »

Local Dog Park, Pet Shelters and Social Service Agencies Benefit from Purina’s Annual Employee Volunteer Day


  Demonstrating an ongoing commitment to enriching the lives of pets and people, 1,400 Purina employees blanketed the greater St. Louis area on Tuesday during "PetCare Pride Day," the company's annual volunteer day. In its 16th year, PetCare Pride Day reached more than 20 non-profit organizations in Missouri and Illinois. Activities included: The makeover of Frenchtown Dog Park in the Soulard neighborhood, near downtown St. Louis Assembling pet education materials and reading to children at Lessie Bates Davis Neighborhood Hous... Read More »

NASA Awards Neutral Buoyancy Laboratory Operations Contract


The Neutral Buoyancy Laboratory Operations Contract (NOC) has a two-year base period that begins Oct. 1, followed by a one-year option and two two-year options. The total potential value of the contract is $154.5 million. The contract includes a cost-plus-award-fee (CPAF) portion, which covers the core work of the contract, and a CPAF firm-fixed-price portion for indefinite-delivery/indefinite-quantity orders.   Under the NOC, Raytheon will procure highly-skilled services that include enriched-oxygen breathing gas production (Nitrox)... Read More »

Sony Corporation Executive Appointments


Members of the Board *The candidates have not changed since the announcement on April 28. Kazuo HiraiRepresentative Corporate Executive Officer, President and CEOKenichiro YoshidaRepresentative Corporate Executive Officer, Executive Deputy President and CFOOsamu Nagayama(*)Representative Director, Chairman and Chief Executive Officer, Chugai Pharmaceutical Co., Ltd.Takaaki Nimura(*)Certified Public AccountantEikoh Harada(*)Former Chairman, President and CEO, Representative Director, McDonald's Holdings Company (Japan), Ltd.Tim SchaaffCh... Read More »

A New Story Begins With The First-ever Toyota C-HR


Plano, Texas (June 08, 2017) — The first-ever 2018 Toyota C-HR – a stylish and technology-filled subcompact SUV crossover vehicle -- representing a leap forward in design and innovation – is launching with a mischievous and clever marketing campaign for creative instigators. The C-HR, stylish and sleek, has the sportiness to impress thanks to Deputy Chief Engineer, Hiro Koba, who is a diehard racer with speed coursing through his veins. Koba and team made sure the C-HR exhilarates its driver anytime, anywhere, satisfying mischief-makers and ... Read More »

Over 1,100 kilometers of Power of Siberia gas pipeline to be completed by late 2017


Enlarged photo (JPG, 6 MB) It was noted that Gazprom continued its active efforts within the projects under the Eastern Gas Program. Particular attention at the Press Conference was paid to Russian gas supplies to China via the eastern route. The construction project for the Power of Siberia gas trunkline is ahead of schedule. By 2017, 445 kilometers of its linear part were built. As of early June 2017, some 774 kilometers were ready. Before the end of the year, it is planned to complete over 1,100 kilometers of the pipeline, which tran... Read More »

FedEx Express Cessna Aircraft Named in Honor of St. Jude Children’s Research Hospital® Patient


Calvin, the son of Fahm Saechin, a production operator at FedEx Office in Newark, Calif., joined the ceremony to unveil his name on the aircraft.  The cargo plane, which also features the iconic St. Jude logo, will be on display throughout the tournament.  Calvin’s name will travel along the West Coast of the United States as a permanent fixture on the FedEx Cessna Caravan at the conclusion of the FedEx St. Jude Classic. The goal of the Purple Eagle program is to spotlight the important work being done by St. Jude and, in particular, to cele... Read More »

Nokia protects operators’ investments in current technology by enabling radio portfolio to support low and high 5G frequency bands


Nokia innovation and testing has underlined the flexibility, upgradeability and scalability of its AirScale radio portfolio to adapt to the frequency bands that will deliver the promise of 5G in initial applications of the technology. By proving the ability of AirScale to support both low and high bands, operators will be able to provide wide area coverage and indoor coverage from the first day of 5G operations without the need for complicated network reconfigurations. 5G promises a significant change in connectivity, delivering lower latenc... Read More »

Samsung Washing Machines Win “Ergonomic Design Award” at the Asian Conference on Ergonomics and Design


The ACED, established in 2014 and held every three years, is the international organization for ergonomics and design. For this year’s conference, the organization selected four winners in the sectors of software, automotive products, household furniture and home appliances, with Samsung’s activ dualwashTM, AddWashTM and FlexWashTM winning the Grand Prix award in the home appliances category.           “This recognition reflects our effort to create consumer-focused and ergonomic products derived f... Read More »

McDonald’s Corporation Announces New Developmental Licensee for Its Business in Taiwan


“By identifying strategic partners who share our values and vision to accelerate our growth and scale across diverse markets, we will drive innovation, becoming more relevant to our customers and the communities we serve,” said McDonald’s President and Chief Executive Officer, Steve Easterbrook. “With today’s announcement about Taiwan, we continue to make progress on our commitment to get closer to our customers’ as we work to refranchise 4,000 restaurants around the world by the end of 2017.” De Yu assumed ownership of the McDonald’s busine... Read More »

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