During Friday’s Current trade, Shares of Quantum Corp (NYSE:QTM), lost -1.34% to $0.977.
Quantum International Income Corp. (QTM), declared that it has retained LodeRock Advisors Inc (“LodeRock”). for planned investor relations and capital markets communications services
Under the terms of the agreement, Quantum International will pay LodeRock a monthly fee of CAD $10,000 for select planned communication services. Neither LodeRock, nor any of its executives have an ownership interest, directly or indirectly, in Quantum International or its securities, and Quantum International has not granted LodeRock or its executives any right to acquire any such interests.
Quantum Corporation provides scale-out storage, archive, and data protection solutions for small businesses to major enterprises in the Americas, Europe, and the Asia Pacific. Its scale-out storage portfolio comprises StorNext software, appliances and full systems called StorNext Pro Solutions, in addition to Lattus extended online storage and Q-Cloud Archive services. T
Shares of Perrigo Company plc Ordinary Shares (NYSE:PRGO), declined -1.03% to $179.19, during its current trading session.
Perrigo Company plc ( PRGO) recently declared that its Board of Directors has reviewed Mylan’s unsolicited tender offer to acquire all of the outstanding shares of Perrigo and, in consultation with its financial and legal advisors, unanimously determined that the offer substantially undervalues the Company and does not adequately compensate shareholders for Perrigo’s exceptional growth prospects. The Offer also would expose Perrigo shareholders to noteworthy financial risks and Mylan’s troubling corporate governance values. Accordingly, the Board recommends that shareholders NOT tender any of their shares to Mylan.
Recently the Company filed a Plan 14D-9 with the Securities and Exchange Commission (“SEC”) and the TASE detailing the reasons for its rejection, which comprised of a letter to shareholders from Perrigo’s Chairman, President and CEO, Joseph C. Papa. Following is the full text of the letter:
Perrigo Company plc, through its auxiliaries, develops, manufactures, and markets over-the-counter (OTC) consumer goods and pharmaceutical products worldwide. The company operates through Consumer Healthcare (CHC), Branded Consumer Healthcare (BCH), Prescription Pharmaceuticals (Rx Pharmaceuticals), Specialty Sciences, and Other segments. The CHC segment offers OTC products, counting analgesics, cough/cold/allergy/sinus, gastrointestinal, infant nutritional, smoking cessation, animal health, feminine hygiene, diabetes and dermatological care, diagnostic, and other healthcare products, in addition to vitamins, minerals, and dietary supplements; and contract manufacturing services.
Owens Corning (NYSE:OC), during its Friday’s current trading session decreased -1.06% to $46.54.
Owens Corning (OC) declared that its Board of Directors has declared a quarterly cash dividend of $0.17 per common share. The dividend will be payable on Nov. 3, 2015, to shareholders of record as of Oct. 19, 2015.
Owens Corning, together with its auxiliaries, produces and sells glass fiber reinforcements and other materials for composite systems; and residential and commercial building materials worldwide. It operates in three segments: Composites, Insulation, and Roofing. The Composites segment manufactures, fabricates, and sells glass reinforcements in the form of fiber; and manufactures and sells glass fiber products in the form of fabrics, mat, veil, and other specialized products.
Finally, Trimble Navigation Limited(NASDAQ:TRMB), decreased -1.85%, to $17.42.
Trimble (TRMB) introduced the R2 GNSS receiver, a receiver that operates with Trimble® handheld devices and iOS, Android or Window® mobile handhelds, smart phones and tablets using Bluetooth® or USB connectivity. When paired with a mobile device, the receiver adds professional-grade Global Navigation Satellite System (GNSS) capabilities to enable high-accuracy data collection. The rugged and simple-to-configure Trimble R2 provides Geographic Information System (GIS) and survey professionals the flexibility to choose the mobile device, workflows and accuracy they need based on their application.
The declarement was made recently at INTERGEO 2015, the world’s largest conference on geodesy, geoinformatics and land administration.
Trimble R2 GNSS Receiver for Mobile Devices
The Trimble R2 GNSS receiver is compact and portable weighing only 2.4 lbs. (1.08 kilograms). With one button operation and field swappable battery, the receiver can be pole or vehicle mounted or carried on a backpack. The R2 is a multi-constellation receiver that supports GPS, GLONASS, Galileo, BeiDou and QZSS satellite signals in addition to Satellite Based Augmentation Systems (SBAS). With a variety of standard and optional correction capabilities, the Trimble R2 can achieve sub-meter to centimeter positioning for a broad range of accuracy requirements. In addition, the GNSS receiver is an ideal choice for organizations that have adopted a workplace Bring Your Own Device (BYOD) strategy. Its quick setup and ease-of-use enhances data collection productivity and time-to-job completion to enable users to work more efficiently.
Trimble Navigation Limited provides technology solutions to enhance the work processes of office and mobile field professionals worldwide. The company’s Engineering and Construction segment offers field and office software for route selection and design; systems to guide and control construction equipment; systems to monitor, track, and manage assets, equipment, and workers; software to share and communicate data; 3D conceptual design and modeling software; BIM software for design, construction, and maintenance; integrated site layout and measurement systems; application products; integrated workplace administration services software; capital program and facility administration solutions; and field based data collection systems and software, communications systems, and back-office software.
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