On Thursday, Becton, Dickinson and Co. (NYSE:BDX)’s shares inclined 0.67% to $139.80.
The Product Development and Administration Association (PDMA), the premier global advocate for product development and administration professionals, declared recently that it has awarded the 2015 Outstanding Corporate Innovator (OCI) Award to BD (Becton, Dickinson and Company) (BDX).
BD’s focus on innovation has offered a framework to integrate the business, make acquisitions and coordinate actions vertically, from the top through operating levels of the company.
The OCI Award is the only innovation award which recognizes sustained (five or more years) and quantifiable business results from new products and services. Counting BD, there have been 52 organizations to be granted the OCI Award over the course of its 25 year history. Past winners have comprised of, DuPont, Merck, FedEx, Harley Davidson, Starbucks and Xerox.
Dr. Ellen Strahlman, Executive Vice President of Research & Development, and Chief Medical Officer at BD will deliver a presentation outlining their processes for achieving their sustained innovation success at the PDMA 2015 Annual Conference, being held Nov. 7-11 in Anaheim, Calif.
Becton, Dickinson and Company, a medical technology company, develops, manufactures, and sells medical supplies, devices, laboratory equipment, and diagnostic products worldwide. The company’s BD Medical segment produces medical devices, such as needles, syringes, and intravenous catheters for medication delivery; prefilled IV flush syringes; syringes and pen needles for use in the treatment of diabetes; prefillable drug delivery systems; anesthesia needles and trays; sharps disposal containers; and closed-system transfer devices.
NCR Corporation (NYSE:NCR)’s shares gained 0.07% to $27.69.
NCR Corporation (NCR), the global leader in consumer transaction technologies, declared recently that Nationwide Building Society has chosen NCR to assist transform its branch experience and banking services accessible on-line, on-mobile and via other digital channels for its members. After adopting NCR CxBanking software earlier this year to provide exceptional customer experience across digital and physical channels, Nationwide will now be adding the latest multifunction NCR SelfServ™ 91 ATM to the existing suite of devices across its retail estate. This is part of Nationwide’s 500 branch refurbishment program being carried out over the next 5 years.
Building on Nationwide’s heritage of innovation and strategy to implement convenient customer-centric technology at the heart of its retail banking strategy, the Society continues to invest significantly in connecting its branch and digital banking experiences. This comprises £500m invested in its branches over next five years, underlining Nationwide’s confidence in the future of the branch alongside its commitment to digital channels. By providing customers with a choice of how, where and when they can bank, Nationwide aims to provide the best customer service and maintain its reputation as a personable place to bank in recently’s digital society.
NCR Corporation, a technology company, provides solutions and services that enable businesses to connect, interact, and transact with their customers worldwide. The company operates through four segments: Financial Services, Retail Solutions, Hospitality, and Emerging Industries.
At the end of Thursday’s trade, Hormel Foods Corp (NYSE:HRL)‘s shares dipped -1.03% to $62.17.
During the annual Barclays Back-to-School Consumer Conference in Boston, Mass., Jeffrey M. Ettinger, chairman of the board, president and chief executive officer at Hormel Foods Corporation (HRL), offered insights on the company’s strategies for driving growth counting innovation efforts, expanding business in China and the success of its recent acquisitions. Ettinger also highlighted consumer trends in portable and nutritious foods, multicultural flavors and expansion into global markets.
Glenn R. Leitch, group vice president and president at Jennie-O Turkey Store, joined Ettinger during the presentation to talk about the impact of the recent outbreak of highly pathogenic avian influenza on the industry and how Jennie-O® products are connecting with consumers.
Hormel Foods Corporation produces and markets various meat and food products worldwide. The company operates in five segments: Grocery Products, Refrigerated Foods, Jennie-O Turkey Store, Specialty Foods, and International & Other. It provides various perishable meat products, counting fresh meats, frozen items, refrigerated meal solutions, sausages, hams, wieners, and bacon; and shelf-stable products comprising canned luncheon meats, shelf-stable microwaveable meals, stews, chilies, hash, meat spreads, flour and corn tortillas, salsas, tortilla chips, peanut butter, and other products.
Pretium Resources Inc (NYSE:PVG), ended its Thursday’s trading session with 6.03% gain, and closed at $5.45.
Pretium Resources Inc. (PVG) is happy to declare a US$540 million construction financing package (the “Financing”) with the Orion Mine Finance Group and Blackstone Tactical Opportunities (“Orion and Blackstone”). The Financing, which provides for immediate access to US$340 million at closing, will fund a substantial portion of the costs to develop an underground mine at Pretivm’s Brucejack Project. The Financing is comprised of a credit facility for US$350 million, a US$150 million prepayment under a callable gold and silver stream agreement and a private placement of Pretivm common shares for US$40 million.
Credit Facility
- Credit Agreement:
- Senior Secured Loan facility of US$350 million;
- US$150 million will be advanced at closing, and the remaining US$200 million will be drawn within 18 months;
- Fixed interest rate of 7.5%;
- Principal and accrued interest is due at maturity on December 31, 2018, or Pretivm can exercise an option to extend maturity to December 31, 2019 on payment of 2.5% of the principal amount outstanding.
Pretium Resources Inc. acquires, explores, and develops precious metal resource properties in the Americas. Its mineral interests comprise of gold/copper/silver exploration projects. The company primarily holds a 100% interest in the Brucejack project, which comprises of about 11 mineral claims covering an area of 3,199.28 hectares located in Northwestern British Colombia. I
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