On Wednesday, Pfizer Inc. (NYSE:PFE)’s shares inclined 1.02% to $32.59.
The board of directors of Pfizer Inc. declared a 30-cent first-quarter 2016 dividend on the company’s common stock, payable March 2, 2016, to shareholders of record at the close of business on February 5, 2016. Pfizer raised the dividend by about 7 percent, to 30 cents from 28 cents per share.
The first-quarter 2016 cash dividend will be the 309th successive quarterly dividend paid by Pfizer.
“The dividend enhance is a testament to our continued commitment to enhancing shareholder value and our confidence in the business,” stated Ian Read, Pfizer chairman and chief executive officer. “As always, we are focused on maximizing total shareholder return, of which the dividend remains a key component.”
Pfizer Inc., a biopharmaceutical company, discovers, develops, manufactures, and sells healthcare products worldwide. The company operates through Global Innovative Pharmaceutical (GIP); Global Vaccines, Oncology and Consumer Healthcare (VOC); and Global Established Pharmaceutical (GEP) segments.
Applied Materials, Inc. (NASDAQ:AMAT)’s shares gained 0.22% to $18.50.
Applied Materials, Inc. declared that Dr. Chorng-Ping Chang, who leads the company`s planned external research with universities and industry consortia, has been named a 2016 IEEE Fellow. Dr. Chang is being recognized for his contributions to “replacement gate and shallow trench isolation for CMOS technology,” which have had a profound impact on the advancement of integrated circuit (IC) fabrication. The IEEE Grade of Fellow is conferred by the IEEE Board of Directors upon a person with an outstanding record of accomplishments in any of the IEEE fields of interest. IEEE Fellow is the highest grade of membership and is recognized by the technical community as a prestigious honor and an important career achievement. The total number selected in any one year cannot exceed one-tenth of one-percent of the total voting membership.
“Chorng-Ping`s brilliant work assisted the industry adopt novel methods in CMOS scaling and made important contributions to the performance, functionality and size of the electronic products we use every day,” said Dr. Om Nalamasu, senior vice president and CTO of Applied Materials. “I commend him on this well-deserved honor and for his efforts leading Applied Materials` collaborations with universities and consortia.”
Dr. Chang`s outstanding technical contributions and extensive semiconductor industry community service span nearly three decades. While working at Bell Laboratories he led pioneering research that assisted the industry through one of the most noteworthy transitions in the history of CMOS technology - the shift from the gate-first to the gate-last (replacement gate) process. His work on extending the use of replacement gate technology continued at Applied Materials, and recently virtually all state-of-the-art CMOS logic devices, counting FinFET transistors, use replacement gate technology. In addition, early on in his career Dr. Chang made pivotal contributions in deposition, etching and advanced plasma processing technologies.
Applied Materials, Inc. provides manufacturing equipment, services, and software to the semiconductor, display, solar photovoltaic (PV), and related industries worldwide. It operates through four segments: Silicon Systems, Applied Global Services, Display, and Energy and Environmental Solutions.
At the end of Wednesday’s trade, Axalta Coating Systems Ltd (NYSE:AXTA)‘s shares surged 1.46% to $27.05.
Axalta Coating Systems is excited to declare that Jessica Cicali, Associate General Counsel for North America, was honored as a “Rising Star” by the Philadelphia Business Journal. Cicali received the Rising Star award at the Philadelphia Business Journal’s fourth Annual Corporate Counsel Awards on Thursday, December 10 in front of more than 200 attendees at The Union League of Philadelphia.
The Rising Star award is given to an attorney under the age of 40 who is making an impact at both his and her company and in the community. Winners are selected by a panel of judges comprised of the Philadelphia Business Journal’s editorial staff.
Cicali was nominated by Axalta’s General Counsel for North America, Jas Hayes. “Jessica has made a profound impact on our business and in the community,” said Hayes. “She has been integral to contract negotiations and in developing streamlined processes. Jessica is also a champion for people with developmental and physical disabilities. She has served on the Board of the Arc of Chester County, located in Pennsylvania, since 2012 and has dedicated many hours and energy to the cause.”
Axalta Coating Systems Ltd., through its auxiliaries, manufactures, markets, and distributes high performance coatings products primarily for the transportation industry. It operates through two segments, Performance Coatings and Transportation Coatings. The Performance Coatings segment offers various waterborne and solventborne products and systems that are used to refinish damaged vehicles for independent body shops, multi-shop operators, and original equipment manufacturer (OEM) dealership body shops.
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