During Friday’s current trade, Coach Inc (NYSE:COH)’s shares dropped -0.77%, to $37.47.
Coach Inc (COH), declared that its Board of Directors has declared a quarterly cash dividend of $0.3375 per common share. The dividend is payable on June 29, 2015 to shareholders of record as of the close of business on June 5, 2015.
Coach, established in New York City in 1941, is a leading design house of modern luxury accessories and lifestyle collections with a rich heritage of pairing exceptional leathers and materials with innovative design. Coach is sold worldwide through Coach stores, select department stores and specialty stores, and through Coach’s website at www.coach.com. Coach’s common stock is traded on the New York Stock Exchange under the symbol COH and Coach’s Hong Kong Depositary Receipts are traded on The Stock Exchange of Hong Kong Limited under the symbol 6388.
Coach, Inc. provides luxury accessories and lifestyle collections for women and men in the United States and internationally. It offers handbags, money pieces, wristlets, rings, charms, and cosmetic cases for women; and business cases, computer bags, messenger-style bags, totes, wallets, card cases, and belts, in addition to time administration and electronic accessories for men. The company also provides wearables, such as outerwears, gloves, scarves, and hats; jewelry comprising bracelets, necklaces, rings, and earrings made with sterling silver, leather, and non-precious metals; travel bags, counting luggage, travel kits, and valet trays; fragrances comprising eau de perfume spray, eau de toilette spray, purse spray, and body lotion for women; and fragrances for men, in addition to footwear, watches, and sunglasses.
Medtronic PLC (NYSE:MDT)’s shares jumped 0.03% to $76.26, during the current trading session Friday’s.
Medtronic PLC (MDT), declared study results of its Micra® Transcatheter Pacing System (TPS), which demonstrated that the miniaturized pacemaker has met its initial safety and performance measures. In the largest report to date of a transcatheter pacing system, 100 percent of the first 140 patients who received the Micra TPS practiced a successful implant procedure, and mean electrical pacing measurements at all patient visits (one- and three-month follow up) were within predictable ranges. These data, from the Medtronic Micra TPS Global Clinical Trial, were presented recently during a Late-Breaking Clinical Trials session at Heart Rhythm 2015, the Heart Rhythm Society`s 36th Annual Scientific Sessions in Boston.
“These initial data are quite promising, as patients in this study have fared very well with this novel device,” said Philippe Ritter, M.D., principal investigator of the Micra TPS Global Clinical Trial and cardiologist at University Hospital of Bordeaux. “If the strong safety and performance profile of the Micra TPS that we`ve seen so far persists over the long-term and in more patients, this transcatheter pacing therapy will prove to be an effective but simpler and less-invasive pacemaker option for many patients.”
The first patients in the Medtronic Micra TPS Global Clinical Trial were implanted by 37 physicians at 23 sites across Asia-Pacific, Europe and the United States.
The 140 patients spanned a wide variety of patient profiles, counting high-risk patients with lung disease such as COPD (chronic obstructive pulmonary disease) and pulmonary hypertension.
Comparable in size to a large vitamin, the Micra TPS does not require the use of wires, known as “leads,” to deliver pacing therapy; rather, it is attached to the heart via small tines and delivers electrical impulses that pace the heart through an electrode at the end of the device. Once positioned, the Micra TPS can be repositioned or retrieved, if needed. The device responds to patients` activity levels by automatically adjusting therapy. Micra TPS also is the first transcatheter pacing system to be awarded CE (Conformité Européenne) Mark for 1.5T and 3T full body MRI scanning, providing patients with access to the most advanced imaging diagnostic procedures.
In joint venture with leading clinicians, researchers and scientists worldwide, Medtronic offers the broadest range of innovative medical technology for the interventional and surgical treatment of cardiovascular disease and cardiac arrhythmias. The company strives to offer products and services that deliver clinical and economic value to healthcare consumers and providers around the world.
Medtronic plc, a healthcare solutions company, provides medical technologies, services, and solutions worldwide. It operates through three segments: Cardiac and Vascular Group, Restorative Therapies Group, and Diabetes Group. The Cardiac and Vascular Group’s products comprise pacemakers; insertable cardiac monitors; implantable defibrillators; leads and delivery systems; ablation products; electrophysiology catheters; products for the treatment of atrial fibrillation; information systems for the administration of patients with cardiac rhythm disease administration devices; products to reduce surgical site infections; coronary and peripheral stents and related delivery systems; therapies for uncontrolled hypertension; endovascular stent graft systems; heart valve replacement technologies; cardiac tissue ablation systems; and open heart and coronary bypass grafting surgical products.
In an afternoon trade, SYSCO Corporation (NYSE:SYY)’s shares dropped -0.11%, to $37.39.
With a friendly focus on food, service and all that goes into assisting restaurants succeed, Sysco Corporation (SYY) will once again be at the 2015 National Restaurant Association Show in Chicago at Booth 5607 in the McCormick Place Convention Center.
Beyond the food, show attendees who take part in the Sysco experience this year will have an opportunity to gain some valuable professional insights and take part in a celebratory salute to those who serve in the military.
“Sysco is excited to return to the annual National Restaurant Association Show and be part of assisting restaurant and foodservice operators to succeed,” said Bill Goetz, Sysco senior vice president and chief marketing officer. “It all starts with the food, and this is a wonderful opportunity to learn from others and share our experiences. We especially look forward to interacting with the show attendees through our food specialists on the show floor, through our daily culinary demonstrations, and at the special events that we sponsor.”
Sysco Corporation, through its auxiliaries, markets and distributes a range of food and related products primarily to the foodservice or food-away-from-home industry. It operates in Broadline and SYGMA segments. The company distributes a line of frozen foods, such as meats, seafood, fully prepared entrees, fruits, vegetables, and desserts; a line of canned and dry foods; fresh meats; dairy products; beverage products; imported specialties; and fresh produce.
Integrated Device Technology Inc (NASDAQ:IDTI), during its Friday’s current trading session gained 0.23% to $22.00.
Integrated Device Technology Inc (IDTI), declared its joint venture with Blu Wireless Technology to demonstrate integrated wireless charging with ultra-fast 60 GHz WiGig® data transmission, a combination that will enable consumers to charge their phones and tablets while streaming the highest quality 4K HD video and photos to their televisions and computers—all without the need for cords.
The joint venture will team IDT’s expertise in wireless power with Blu Wireless’s know-how in WiGig, which allows devices to communicate wirelessly at multi-gigabit speeds. The single-module technology targeted by the companies will, for example, enable consumers to wirelessly charge their devices while cordlessly transmitting uncompressed video of 1080p directly to their HDTV.
WiGig technology uses the 60 GHz band to deliver 7 GHz bandwidth. A synchronization of data on a portable device that recently would take two hours and use up nearly a third of a battery’s charge can be accomplished, with WiGig, in just 45 seconds and consume only 2 percent of the charge. IDT’s semiconductors are enabling wireless charging recently in a quickly growing ecosystem of applications that comprises smartphones and accessories, wearables and furniture.
“Between Blu Wireless’ expertise in WiGig and IDT’s in wireless power, we are developing a solution that keeps pace with demands in an age of massive multimedia content,” said Mark Barrett, chief marketing officer at Blu Wireless. “The unique combination of low-profile 60 GHz phased array technology and wireless charging capabilities supports the raised data and ease-of-use demands of mobile users.”
Integrated Device Technology, Inc. designs, develops, manufactures, and markets a range of mixed signal semiconductor solutions for the communications, computing, and consumer industries worldwide. It operates in two segments, Communications, and Computing and Consumer. The Communications segment offers communication timing products, such as clocks and timing solutions; flow-control management devices comprising Serial RapidIO switching solutions; multi-port memory products; telecommunications products; static random access memory products; first in and first out memories; digital logic products; radio frequency products; and MEMS oscillator solutions.
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