Company Overview and News
Honeywell International Inc. (HON - Free Report) recently announced that its Honeywell Connected Plant technology is enabling Deepak Phenolics Limited (“DPL”) to boost operational efficiency at its phenol and cumene plant located in Dahej, India. Honeywell Connected Plant UniSim Operations is being used by DPL to train process operators on safe, efficient and incident-free startups and operations.
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According to a new market intelligence report, now available on ASDReports, titled "Global High-Altitude Aeronautics Platform Station Market, Analysis & Forecast, 2018 - 2028", the HAAPS market is expected to reach $12.40 billion by 2028. HAAPS is considered to be a powerful technology which has competitive advantage over conventional satellites and terrestrial-based systems. On the basis of platform, HAAPS are categorized as unmanned aerial vehicles, airships, balloons, tethered aerostats, and tethered drones.
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Hiawatha, July 11, 2018 (GLOBE NEWSWIRE) -- AgJunction Inc. (TSX: AJX), a leader in advanced guidance and autosteering, announced today that it has settled a patent infringement lawsuit it filed against Raven Industries, Inc. (“Raven”) in January of this year. The suit alleged Raven products violated three AgJunction patents related to automated mechanical steering, implement steering and system calibration technologies.
SIOUX FALLS, S.D., July 11, 2018 (GLOBE NEWSWIRE) -- Raven Industries, Inc. (NASDAQ:RAVN) and AgJunction announced today that the patent infringement lawsuit against the company brought by AgJunction has been settled between the parties. The parties agreed to a mutually acceptable, no-fault business solution. As part of the agreement, Raven is granted a nonexclusive license to a significant portion of AgJunction’s patent portfolio.
SIOUX FALLS, S.D., July 10, 2018 (GLOBE NEWSWIRE) -- Raven Industries, Inc. (NASDAQ:RAVN) announced today several new services available on the Slingshot® and Viper® 4 platforms: Job Generator and Job Sync.
Honeywell International Inc. (HON - Free Report) recently confirmed that its JetWave satellite communications hardware has been installed for the first time in Africa. ExecuJet South Africa — a private aviation jet company — has installed Honeywell’s JetWave hardware onboard its Global Express and Challenger 604 aircraft at the Johannesburg base.
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Honeywell International Inc. (HON - Free Report) recently announced that its Honeywell Connected Plant service has been selected by Secunda Synfuels Operations — an operating division of Sasol South Africa Ltd. Notably, Secunda Synfuels Operations will use Honeywell Connected Plant service for monitoring the operating reliability of its two Honeywell UOP CCR Platforming units at its refinery, located in South Africa’s Secunda.
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At present, the U.S. equity market is jittery over the possible outcome of the U.S-China trade war. The turmoil had begun when the world’s largest economy imposed import tariffs of 25% on steel and 10% on aluminium. Now, with many other goods/items included in the tariff bracket, affected foreign nations like Mexico, Canada, China and European Union are considering undertaking similar retaliatory measures.
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SIOUX FALLS, S.D., June 27, 2018 (GLOBE NEWSWIRE) -- Raven Industries (NASDAQ:RAVN) was recognized today in the naming of South Dakota State University’s future precision agriculture facility. The Raven Precision Agriculture Center, to be located on the university’s main campus in Brookings, S.D., will lead the nation in precision agriculture education, research and extension. Raven Industries gave $5 million to the project in January.
Honeywell International Inc.’s (HON - Free Report) latest connected gas detector — Searchzone Sonik — will offer better protection to facilities and workers against explosive and toxic gas leaks. The company’s new gas detector complements its existing fixed detectors and can sense leaks ultrasonically. Honeywell’s stock price remained nearly flat at $144.1 per share, following the announcement of the launch.
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ITT Inc. (ITT - Free Report) will display a comprehensive portfolio of groundbreaking aerospace solutions in this year’s Farnborough International Airshow (Jul 16-20). These solutions will be offered under the company’s Enidine, Aerospace Controls and Cannon brands. ITT has a broad collection of custom-engineered innovative technologies appropriate for modern aircraft manufacturers. These state-of-the-art solutions of the company offer superior in-flight experience for passengers and ensure efficient maneuver of critical systems in the aircrafts.
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General Electric Company (GE - Free Report) yesterday announced about signing an agreement to divest its Distributed Power business to Advent International. The divestment value has been fixed at $3.25 billion. The move is in sync with the company’s plans to divest assets worth $20 billion. It is worth mentioning here that Advent International is a globally-renowned private equity investor, operating primarily in the energy, industrial and business services sectors.
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General Electric’s (NYSE:GE) operating segment, GE Transportation, recently secured orders for 50 new locomotives from the Mexican and US rail subsidiaries of Kansas City Southern (NYSE:KSU). Notably, these locomotives are expected to be delivered by GE Transportation in 2019. Also, GE Transportation will offer digital solutions that would improve fuel and operational efficiency.
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7h - Asif
General The company's objective is to build a profitable and growing specialty therapeutics company. To meet this objective, Cytori Therapeutics has acquired and are developing two technology platforms that hold promise for treating millions of patients and represent significant potential for increasing shareholder value. The company's current corporate activities fall substantially into advancing these platforms: Cytori Nanomedicine and Cytori Cell Therapy. The Cytori Nanomedicine platform features a versatile liposomal nanoparticle technology for drug encapsulation that has thus far provided the foundation to bring two promising drugs into mid/late stage clinical trials. Nanoparticle encapsulation is promising because it can help improve the delivery and metabolism of many drugs, thus potentially enhancing the therapeutic profile and patient benefits. The company's lead drug candidate, ATI-0918 is a generic version of pegylated liposomal encapsulated doxorubicin. Pegyl...
2018-07-13 - Asif
Overview Catabasis Pharmaceuticals is a clinical-stage biopharmaceutical company focused on the discovery, development and commercialization of novel therapeutics based on its proprietary Safely Metabolized And Rationally Targeted linker, or SMART LinkerSM, drug discovery platform. The company's SMART Linker drug discovery platform enables it to engineer product candidates that can simultaneously modulate multiple targets in a disease. The company's proprietary product candidates impact pathways that are central to diseases where efficacy may be optimized by a multiple target approach. Catabasis Pharmaceuticals has applied its SMART Linker drug discovery platform to build an internal pipeline of product candidates for rare diseases, its primary focus, and plan to pursue partnerships to develop additional product candidates. The company's lead product candidate is edasalonexent, formerly known as CAT-1004, which the company believe has the potential to be a disease-modifying...
2018-07-09 - Asif
Overview Walmart Inc. helps people around the world save money and live better – anytime and anywhere – in retail stores and through eCommerce. Through innovation, Walmart is striving to create a customer-centric experience that seamlessly integrates its eCommerce and retail stores in an omni-channel offering that saves time for its customers. Each week, the company serve nearly 270 million customers who visit its more than 11,700 stores and numerous eCommerce websites under 65 banners in 28 countries. The company's strategy is to lead on price, invest to differentiate on access, be competitive on assortment and deliver a great experience. Leading on price is designed to earn the trust of its customers every day by providing a broad assortment of quality merchandise and services at everyday low prices ("EDLP"). EDLP is its pricing philosophy under which the company price items at a low price every day so its customers trust that its prices will not change under frequent prom...
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