On Tuesday, Shares of Corning Inc. (NYSE:GLW), lost -0.85% to $18.75.
Corning Incorporated, declared that Lawrence D. McRae has been elected vice chairman and corporate development officer effective right away; R. Tony Tripeny has been elected senior vice president and chief financial officer effective Sept. 1, 2015; and Dr. Jeffrey W. Evenson has been elected senior vice president and chief strategy officer effective right away.
All three are members of the company`s administration committee and will report to Wendell P. Weeks, chairman, chief executive officer and president.
McRae, 57, who joined Corning in 1985, will continue to lead the company`s corporate development function, focusing on planned approaches to business development counting mergers and acquisitions. McRae led the negotiations leading to a planned partnershipagreement between Corning and Samsung Display Co., Ltd., which comprised of Corning`s full ownership of Samsung Corning Precision Materials, Co., Ltd. He also assumes responsibility for the administration of the Chief Executive Officer`s office. He has served as a member of the company`s administration committee since 2006.
McRae received his bachelor`s degree in accounting from Morgan State University and a master`s degree in business administration from Harvard University. He serves on the board of directors of the Dow Corning Corporation, Samsung Corning Advanced Glass, LLC, and the Corning Foundation.
Corning Incorporated manufactures and sells specialty glasses, ceramics, and related materials worldwide. The company operates through five segments: Display Technologies, Optical Communications, Environmental Technologies, Specialty Materials, and Life Sciences. The Display Technologies segment manufactures glass substrates for active matrix liquid crystal displays (LCDs) that are used primarily in LCD televisions, notebook computers, and flat panel desktop monitors.
Shares of Boston Scientific Corporation (NYSE:BSX), declined -0.67% to $17.76, during its last trading session.
Boston Scientific Corporation, has initiated a study of the company’s first fully resorbable drug-eluting scaffold system. The Fully Absorbable Scaffold Feasibility Study (FAST) is a prospective, single arm study designed to assess the safety and performance of this next generation scaffold for the treatment of atherosclerotic coronary lesions.
The first patients in the study were enrolled by Professor Ian Meredith, primary investigator and director of MonashHeart, at Monash Medical Centre in Melbourne, Australia. The study will enroll up to 30 patients.
The resorbable polymer scaffold incorporates several key design elements from the Boston Scientific SYNERGY™ Stent System, counting a resorbable polymer and an ultrathin everolimus coating which is applied abluminally (on the exterior) to the scaffold. It also features a delivery system built with Boston Scientific expertise designed to facilitate improved acute performance.
Boston Scientific Corporation develops, manufactures, and markets medical devices for use in various interventional medical specialties worldwide. The company operates in three segments: Cardiovascular, Rhythm Administration, and MedSurg.
Finally, JA Solar Holdings Co., Ltd. (NASDAQ:JASO), ended its last trade with 0.54% gain, and closed at $7.51.
JA Solar Holdings, declared its standard modules successfully passed the Class A fire test in accordance with UL1703 standard for Type 1 modules. During the test, all six sets of BOM used for JA Solar’s type-1 modules passed the UL Class A fire test conducted by Intertek, making JA Solar the first company mass producing PV modules in China to pass the test.
In recent years, as the installation of solar electricity generation has been rapidly grown worldwide at a unprecedented pace, the standard and criteria for the reliability certification of PV module s have been constantly updated and expande d i n order to meet the increasing demand for PV products with better quality and higher reliability from the end user of solar electricity, in addition to the more stringent s afety, environment, and hazard regulations for PV installation s b y legislatures and governments at various levels.
JA Solar Holdings Co., Ltd., together with its auxiliaries, designs, develops, manufactures, and sells photovoltaic solar cells and solar power products based on crystalline silicon technologies.
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