On Monday, Shares of International Flavors & Fragrances Inc (NYSE:IFF), gained 0.52% to $110.10.
International Flavors & Fragrances, declared that its associate IFF-LMR Naturals received its fourth For Life Social Responsibility designation issued by the certification body IMOswiss AG (formerly Institute for Marketecology), this time in cooperation with its vetiver partner in Haiti. The For Life designation recognizes an organization’s adherence to specific sustainability criteria, counting transparency, environmental responsibility, fair working conditions and positive relations with producers and local communities. This recognition comes after the certification of IFF-LMR Naturals for its rose supply chain in Turkey and its patchouli and basil supply chains in Madagascar.
“Sustainability is foundational to IFF’s Vision 2020 business strategy and a key focus area throughout our global operations,” noted Andreas Fibig, IFF Chairman and Chief Executive Officer. “It has been an integral part of the ethos of the LMR organization since the creation of the company more than 30 years ago. Vetiver is an important ingredient for perfumers and can be found in many of our fine fragrance and consumer fragrance creations. This new recognition demonstrates our continued commitment to strengthening sustainability across the supply chain for the benefit of our customers and consumers. We will continue to develop this third-party certification to further support sustainable practices.”
Since its founding in Grasse, France in 1983, the stated mission of LMR is to work with its partners around the world to research and produce the highest possible quality natural, sustainable, transparent, and pure ingredients to create essential oils, concretes and absolutes for use in perfumery and flavors for food and beverages.
International Flavors & Fragrances Inc., together with its auxiliaries, creates, manufactures, and supplies flavors and fragrances for use in various consumer products worldwide. The company operates in two segments, Flavors and Fragrances.
Shares of Athersys, Inc. (NASDAQ:ATHX), declined -0.88% to $1.13, during its last trading session.
Athersys, will release its third quarter 2015 financial results at about 4:00 PM EST on Thursday, November 5, 2015, and host a conference call shortly thereafter at 4:30 PM EST to review the results.
Athersys, Inc., a biotechnology company, focuses on the research and development activities in the field of regenerative medicine. The company’s lead platform product, MultiStem cell therapy, an allogeneic stem cell product, which is in Phase II clinical trials for the treatment of ischemic stroke and inflammatory bowel disease (IBD); and that has accomplished Phase I clinical trial for the treatment of acute myocardial infarction and hematopoietic stem cell transplant/graft-as compared to-host disease.
Finally, VeriFone Systems Inc (NYSE:PAY), ended its last trade with -1.58% loss, and closed at $29.99.
Verifone, declared that Commander Site Controller-its site administration software platform that supports all petroleum and card brands —was recognized by CSP magazine as the 2015 Retailer Choice Best New Product in the Hardware category.
VeriFone Systems, Inc. designs, markets, and services electronic payment solutions at the point of sale (POS) worldwide. It provides countertop electronic payment systems that accept card payment options, such as NFC, mobile wallets, chip and PIN, and contactless payments, in addition to support credit and debit card, EBT, EMV, and other PIN-based transactions; and a portfolio of application libraries and development tools.
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