On Monday, Honeywell International Inc. (NYSE:HON)’s shares declined -0.39% to $99.23.
Honeywell (HON) Process Solutions (HPS) declared a new multi-year agreement to provide comprehensive services and support for Lundin Norway, Norway’s fastest-growing upstream oil and gas company.
Honeywell’s new Assurance 360 program will assist Lundin achieve continual and optimal performance of its automation system at the Edvard Grieg field in the Utsira High area of the central North Sea.
Under the program, HPS will provide all necessary technology, processes and support for the system over the next four years, counting hardware refresh, software updates and upgrades, and remote support. Key performance indicators in the contract will allow Lundin’s administration to monitor delivery of the service, while dedicated program administration provides a single point of accountability for performance.
Honeywell International Inc. operates as a diversified technology and manufacturing company worldwide. Its Aerospace segment provides aircraft engines, integrated avionics, systems and service solutions, and related products and services for aircraft manufacturers and operators, airlines, military services, and defense and space contractors; and spare parts, and repair and maintenance services for the aftermarket.
GlaxoSmithKline plc (ADR) (NYSE:GSK)’s shares dropped -1.19% to $39.78.
GSK (GSK) declared it has begun shipping FLUARIX® QUADRIVALENT (Influenza Vaccine) doses to US healthcare providers, following licensing and lot-release approval from the US Food and Drug Administration’s (FDA) Center for Biologics Evaluation and Research.
GSK also has received 2015-16 US license approval for its other quadrivalent flu vaccine FLULAVAL® QUADRIVALENT (Influenza Vaccine). Pending additional FDA lot releases, GSK anticipates to start shipping FLULAVAL® QUADRIVALENT in August. This means that two different presentations of the four-strain vaccines will be accessible to customers. FLUARIX® QUADRIVALENT comes in a 0.5-mL, single-dose, prefilled syringe while FLULAVAL® QUADRIVALENT comes in a 5-mL, multidose vial containing 10 doses (0.5mL each).
GlaxoSmithKline plc creates, discovers, develops, manufactures, and markets pharmaceutical products, counting vaccines, over-the-counter medicines, and health-related consumer products worldwide. The company offers pharmaceutical products in the therapeutic areas, counting respiratory, anti-virals, central nervous system, cardiovascular and urogenital, metabolic, anti-bacterials, and emesis, dermatology, rare diseases, immuno-inflammation, vaccines, and HIV. It also provides consumer healthcare products in wellness, oral health, nutrition, and skin health areas.
At the end of Monday’s trade, WPCS International Incorporated (NASDAQ:WPCS)‘s shares surged 28.33% to $1.54.
WPCS International Incorporated (NASDAQ: WPCS), which specializes in contracting services for communications infrastructure, recently declared that it was awarded $3.0 million in new contracts during the months of July and August 2015.
According to Sebastian Giordano, Interim CEO of WPCS, “Suisun City remains a profitable operation, performing as predictable during the first four months of the fiscal year ended April 30, 2016. Since our business has historically been strongest in the third and fourth quarters, we look forward to building upon this positive news as the year unfolds.”
These new projects comprise a $1.4 million contract to provide low voltage structured cabling and telecommunications closet build outs for Sutter Coast Hospital, an 80,000 square foot general medical and surgical hospital with 49 beds, located in Crescent City, California. In addition, the Company was also awarded $1.6 million in new work from existing customers.
WPCS International Incorporated provides low voltage communication infrastructure services in the public services, healthcare, energy, and corporate enterprise markets worldwide. The company creates integrated building systems, counting the installation of structured cabling systems; and develops netoperates for customer’s wireless communication requirements comprising Wi-Fi netoperates, point-to-point systems, cellular netoperates, in-building systems, and two-way communication systems, in addition to integrates telecommunications, life safety, environmental controls, security, and HVAC systems.
Goldman Sachs Group Inc (NYSE:GS), ended its Monday’s trading session with -0.74% loss, and closed at $183.90.
Goldman Sachs Asset Administration (“GSAM”) declared the launch of the Goldman Sachs Absolute Return Multi-Asset Fund (Class A Shares: GARDX) (“The Fund”), which seeks to generate comprising, attractive returns that are less dependent on the direction of traditional markets. The Fund invests across multiple asset classes accessing investment ideas from across GSAM with a dynamic asset allocation approach to navigate changing markets.
The Fund is managed by GSAM’s Global Portfolio Solutions group, the dedicated multi-asset investing team within the division. The team, which comprises of over 95 professionals around the globe, has offered multi-asset class investment solutions to clients for more than 20 years and presently manages over $35 billion.2
The Fund is offered in Class A and Class C Shares, both with $1,000 minimum initial investments. It also offers Institutional, Class R, Class IR and Class R6 Shares.
The Goldman Sachs Group, Inc. operates as an investment banking, securities, and investment administration company worldwide. The company operates through four segments: Investment Banking, Institutional Client Services, Investing & Lending, and Investment Administration. The Investment Banking segment provides financial advisory services, such as planned advisory assignments related to mergers and acquisitions, divestitures, corporate defense activities, restructurings, spin-offs, and risk administration; and underwriting services, counting public offerings and private placements of a range of securities and other financial instruments, in addition to derivative transactions reached with public and private sector clients.
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