On Friday, Cisco Systems, Inc. (NASDAQ:CSCO)’s shares declined -1.31% to $25.54.
Barilla Group, the makers of Barilla brand pastas and sauces, is embracing the Internet of Everything (IoE) to provide consumers the ability to trace the entire chain of production for the ingredients in their food, from where it was grown to how it arrived on the store shelf. Barilla worked with Cisco (CSCO), Penelope S.p.A. and NTT DATA to implement a new technology platform called Safety for Food (S4F). Powered by the software ValueGo®, the platform enables consumers to scan a QR code on the back of limited edition Farfalle Pasta and Tomato and Basil Sauce packages to easily access a website that tells the story of the specific production batch, through a detailed analysis of all major phases of the supply chain. Consumers can find the limited edition Barilla pasta and sauce packages at the Coop Supermarket of the Future, part of the Future Food District at EXPO 2015 in Milan.
ValueGo®, developed by Penelope S.p.A., is the core system of the Safety for Food project, with specific agri-food vertical features for compliance checking, tracking and tracing of all food information along the entire supply chain and for building a ‘digital passport’ for food products.
Cisco Systems, Inc. designs, manufactures, and sells Internet Protocol (IP) based networking products and services related to the communications and information technology industry worldwide. It provides switching products, counting fixed-configuration and modular switches, and storage products that provide connectivity to end users, operate stations, IP phones, wireless access points, and servers; and next-generation network routing products that interconnect public and private wireline and mobile netoperates for mobile, data, voice, and video applications.
Hecla Mining Company (NYSE:HL)’s shares gained 3.50% to $2.22.
Hecla Mining Company (HL) declared that it anticipates to start production at its San Sebastian project in the State of Durango, Mexico, by the end of 2015.
Economic Assumptions
The following is a summary of high-level life of mine economic assumptions of surface mining operations, as outlined in the Preliminary Economic Assessment (PEA) by AMC Mining Consultants (Canada) Ltd., to be accomplished within 45 days of this declarement.1,2 The numbers shown are subject to change that is not anticipated to be material.
Velardeña Mill
Hecla has secured the use of a Merrill-Crowe processing plant near Velardeña in the State of Durango, Mexico, as declared on July 15, 2015. Under the terms of the toll treatment arrangement, Hecla has the ability to use the mill for 18 months, with the potential to extend for up to another 12 months. Located within 100 miles of San Sebastian, the mill was formerly used by Hecla to process ore when it mined on the property from 2001 to 2005.
The mill has been idle for several years and is presently being rehabilitated and updated. The filling of supervisory positions is underway. The owner of the mill is in the process of reactivating existing permits.
Mining Technique
The projected mining technique focuses on shallow, near-surface pits on the East Francine, Middle and North veins, targeting high-grade material. The pits are predictable to be small, extending to a maximum of about 270 feet in depth. Near-surface material is weathered, and should be easily excavated. Drill and blast techniques are contemplated for deeper material.
The Company intends to use a contractor for mining operations, and the RFP process is progressing well.
Hecla Mining Company, together with its auxiliaries, discovers, acquires, develops, produces, and markets precious and base metal deposits worldwide. The company offers unrefined gold and silver bullion bars to precious metals traders; and lead, zinc, and bulk concentrates to custom smelters and brokers.
At the end of Friday’s trade, Abbott Laboratories (NYSE:ABT)‘s shares dipped -2.06% to $43.33.
Abbott (ABT) declared it received Health Canada’s approval of the TECNIS® Symfony Extended Range of Vision intraocular lens (IOL) for the treatment of people with cataracts who may also have a diminished ability to focus on near objects (presbyopia). It is the first and only extended range of vision IOL to correct presbyopia and assist people with cataracts see better at all distances, counting far, intermediate and near, and points in between, with reduced need for glasses.1,2
A cataract is a gradual clouding of the natural lens of the eye that prevents light from reaching the retina.3 More than 2.5 million Canadians have cataracts. The incidence of cataracts enhances with age from about 12 per cent at age 50, to 60 per cent at age 70.5 In general, about 50 per cent of Canadians 65 years of age or older have cataracts.
Traditionally after cataract surgery, people may still require eyeglasses.7, 8 However, a clinical study of 31 people who had the TECNIS Symfony IOL implanted showed 70 per cent of them reporting rarely or never requiring wearing glasses. One hundred per cent of people who had the lens implanted stated they did not need to wear glasses for seeing objects at distance, while 94 per cent and 87 per cent of people stated the same results at intermediate and near distances, respectively.
Abbott Laboratories manufactures and sells health care products worldwide. Its Established Pharmaceutical Products segment offers branded generic pharmaceuticals for the treatment of pancreatic exocrine insufficiency; irritable bowel syndrome; intrahepatic cholestasis or depressive symptoms; gynecological disorders; dyslipidemia; hypertension; hypothyroidism; pain, fever, and inflammation; hormone replacement therapy; anti-infective and influenza vaccines; and product that regulates physiological rhythm of the colon.
Anadarko Petroleum Corporation (NYSE:APC), ended its Friday’s trading session with -4.51% loss, and closed at $65.48.
Anadarko Petroleum Corporation (APC) declared the election of Dr. Sean Gourley to serve as an independent director of the company, effective Sept. 15, 2015.
Additionally, Anadarko declared Amanda M. McMillian, formerly Vice President, Deputy General Counsel, Corporate Secretary and Chief Compliance Officer, has been promoted to Senior Vice President, General Counsel, Corporate Secretary and Chief Compliance Officer. Anadarko’s Robert K. (Bobby) Reeves, formerly Executive Vice President, General Counsel and Chief Administrative Officer, will assume the new title of Executive Vice President, Law and Chief Administrative Officer, and will continue to serve as a member of the company’s executive committee.
- SEAN GOURLEY
Dr. Gourley, 36, is the founder and CEO of Primer, an early-stage, venture-backed company building software to power artificial intelligence applications. Preceding to founding Primer, he was the founder and Chief Technology Officer of Quid, a San Francisco-based augmented intelligence company building software for planned decision-making. Quid was a finalist for Innovative Company in Big Data by Fast Company magazine in 2013. Born in New Zealand, Dr. Gourley studied at Oxford as a Rhodes Scholar where he received a Ph.D. in physics, and he received both his Bachelor of Science and Master of Science in physics from the University of Canterbury in Christchurch, New Zealand. He was additionally a Post-Doctoral Research Fellow at the Said Business School at Oxford University and is presently an Equity Partner with Data Collective Venture Capital Fund, investing in key data and algorithmic technologies.
Anadarko Petroleum Corporation engages in the exploration, development, production, and marketing of oil and gas properties. It operates through three segments: Oil and Gas Exploration and Production; Midstream; and Marketing. The Oil and Gas Exploration and Production segment explores for and produces natural gas, oil, condensate, and natural gas liquids (NGLs).
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