Thursday, August 17, 2017
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ABBOTT ANNOUNCES EXTENSION OF CASH TENDER OFFER FOR ALL OUTSTANDING SHARES OF SERIES B CONVERTIBLE PERPETUAL PREFERRED STOCK OF ALERE INC.

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The Offer is being extended to allow additional time for the consummation of the Merger, which is a condition to the completion of the Offer. The Offer was previously scheduled to expire at 11:59 p.m., New York City time, on Friday, Aug. 11, 2017 and will now expire at 11:59 p.m., New York City time, on Thursday, Aug. 31, 2017 (such date and time, as it may be extended or earlier terminated, the "Expiration Date"). If, at the Expiration Date, any of the conditions to the Offer have not been satisfied or waived, Abbott may elect to further exten... Read More »

Apple Reports Third Quarter Results

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Apple today announced financial results for its fiscal 2017 third quarter ended July 1, 2017. The Company posted quarterly revenue of $45.4 billion and quarterly earnings per diluted share of $1.67. These results compare to revenue of $42.4 billion and earnings per diluted share of $1.42 in the year-ago quarter. International sales accounted for 61 percent of the quarter’s revenue. “With revenue up 7 percent year-over-year, we’re happy to report our third consecutive quarter of accelerating growth and an all-time quarterly record for Services ... Read More »

Gazprom and Uniper celebrate 25 years of scientific and technical cooperation

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The joint scientific and technical programs carried out by the two companies cover nearly every stage of the production cycle, from hydrocarbon extraction and transportation to processing and marketing. The collaborative efforts include LNG production and promotion of natural gas as a vehicle fuel. The scientific and technological solutions developed by the companies were successfully used in the project for extracting hard-to-reach gas from the Yuzhno-Russkoye field, as well as in the construction and operation of the Yamal – Europe and Nor... Read More »

Boeing Board Elects Caroline Kennedy as New Director

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Kennedy, 59, served as U.S. Ambassador to Japan from 2013 to 2017 and is an author and attorney. "Ambassador Kennedy brings to the Boeing board professional, diplomatic and global perspectives that are highly valued in our rapidly evolving and increasingly competitive global business environment," said Boeing Chairman, President and CEO Dennis Muilenburg. "Her diversity of experience and accompanying insights will broaden and strengthen our board in its deliberative and oversight roles for the company." In addition to her international ex... Read More »

First Quarter Trading Statement 2017/18

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Headlines Positive like-for-like sales growth maintained for a sixth consecutive quarter Group like-for-like sales growth of 1.0% UK like-for-like sales growth of 2.3% driven by 2.7% like-for-like sales growth in food 1.3% growth in customer transactions – ten million more than last year Particularly strong volume growth in fresh food at 1.6% with significant market outperformance Positive customer response to ‘Little Helps to Healthier Living’ campaign Working with our supplier partners to protect customers from inf... Read More »

LUKOIL APPLIES NEW TECHNIQUE OF GEOPHYSICAL SURVEYING IN TIMAN-PECHORA

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LUKOIL has successfully completed a 3D seismic survey at Mishvan area in the Nenets Autonomous District. The company used a survey procedure which had never been used in Timan-Pechora Oil and Gas Province before.   The technology combines several methods for surveying upper sections of the field structure: electric prospecting, up-hole shooting, electric logging and field core description. The relevance of the new technique was preconditioned by the challenging seismic environment of the field, distinct in insular permafrost, which h... Read More »

NASA Recommends Safety Tips to View the August Solar Eclipse

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A total solar eclipse, which is when the Moon completely covers the Sun, will occur across 14 states in the continental U.S. on Aug 21, 2017. Credits: NASA That Monday, a partial eclipse will be visible in every state. A total solar eclipse, which is when the Moon completely covers the Sun, will occur across 14 states in the continental U.S. along a 70-mile-wide (112-kilometer-wide) swath of the country.   It’s common sense not to stare directly at the Sun with your naked eyes or risk damaging your vision, and that advice holds... Read More »

Euro Steel: The Distributor of Stainless Steel and Aluminium Steel

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A variety of Stainless Steel and Aluminium Steel products are regularly shipped by Euro Steel in and around Southern Africa. The company has been recognised by African Metals Corporation (AFMETCO). The Euro Steel Group of companies offers a diverse range of steel products. Some of them are listed below: Sheet Both stainless steel sheets and aluminium steel sheets are stored. 3CR12, 316 and 430 are the more popular grades of Stainless steel sheets available at Euro Steel. Aluminium steel sheets can be manufactured easily. 1050, 3003 h4... Read More »

ADIDAS ANNOUNCES PRELIMINARY SECOND QUARTER RESULTS AND INCREASES 2017 FINANCIAL OUTLOOK

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STRONG TOP- AND BOTTOM-LINE PERFORMANCE IN Q2 Revenues from the company’s continuing operations increased 19% on a currency-neutral basis and 20% in euro terms to € 5.0 billion. The company’s operating profit increased 18% to € 505 million in the second quarter of 2017 (2016: € 429 million) despite the one-time gain of around € 70 million related to the early termination of the Chelsea FC sponsorship that was included in the prior year’s quarter. The operating profit improvement was driven by a higher gross margin as well as operating expense ... Read More »

ARMANI TAKES ON ANDROID WEAR 2.0 WITH ITS LATEST SMARTWATCH

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The watch is part of Fossil’s effort to launch 300 new smartwatches this year and it will be available through the Armani website starting on September 24. It was first announced at the Milan Fashion Week and while we do not yet know how much it will cost, it will likely come in at slightly more than its $375 hybrid devices. Like other smartwatches, the new device will boast a selection of custom-built Armani watch faces, and Armani will also offer eight watch bands, which are interchangeable. That is a nice feature for those that might want... Read More »

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