On Friday, 3D Systems Corporation (NYSE:DDD)’s shares declined -0.70% to $21.32.
3D Systems Corporation (DDD) declared that it has partnered with e-NABLE Community Foundation (ECF) to support e-NABLE, the global network of makers, inventors and designers using 3D printing to make functional, prosthetic hands that are donated to people in need. Building upon 3DS’ mission of Making Good, this partnership leverages the company’s 3D digital fabrication products, services and expertise to expand access to, improve the capabilities of, and educate the public about these life-changing assistive devices.
3DS and ECF declared four key areas of partnerships part of their partnership. Specifically,
- 3DS will collaborate with ECF to design an all-new hand. This design will be free, publicly-shared, customizable for sizing and optimized for printing on the Cube(R), CubePro(R)andEKOCYCLE(TM) Cube(R). To encourage and support greater community participation, 3DS and ECF will publish a video tutorial on how to print and assemble the free hand file.1
- 3DS will provide technical advisory, aiding ECF with key industry and technical expertise on 3D technology, prosthetics design and more.
- 3DS and ECF will identify four or more university-based labs to qualify them as e-NABLE partners. These will be equipped with 3DS’ digital fabrication tools, counting CubePro 3D printers, premium material cartridges, Sense(TM)3D scanners, design software and the Touch(TM) 3D stylus.2
- 3DS and ECF will collaborate to develop learning materials for formal and informal educators, introducing and facilitating 3D design and printing regardingECF’s mission of sharing 3D-printed assistive technologies.
3D Systems Corporation, through its auxiliaries, operates as a provider of 3D printing centric design-to-manufacturing solutions in the Americas, Germany, and the Asia-Pacific, in addition to other European, the Middle East, and African countries. The company’s 3D printers transform data input from the format generated by 3D design software, CAD software, or 3D scanning and sculpting devices to printed parts using integrated, engineered plastic, metal, nylon, rubber, wax, and composite print materials. It offers stereo lithography, selective laser sintering, direct metal, multi-jet, color jet, and film transfer imaging printers, in addition to plastic jet printing 3D printers.
Coty Inc (NYSE:COTY)’s shares gained 1.35% to $26.27.
Coty Inc (COTY) declared that it has added Paul S. Michaels, former Global President of Mars, Incorporated, to the company’s Board of Directors.
Paul S. Michaels will bring extensive consumer goods experience to Coty. During his time at Mars, he led efforts to strengthen the company’s portfolio of businesses through brand revitalization and product innovation. Paul S. Michaels and his team are credited with achieving record growth by refocusing Mars on its core business, emphasizing operational efficiency and developing a high-performance culture.
Coty Inc., together with its auxiliaries, manufactures, markets, and distributes womens and men’s fragrances, color cosmetics, and skin and body care related products worldwide. The company operates through three segments: Fragrances, Color Cosmetics, and Skin & Body Care. It offers various fragrance products under the Calvin Klein, Davidoff, Marc Jacobs, Chloé, Playboy, Balenciaga, Beyoncé, Bottega Veneta, Guess?, Lady Gaga Fame, Roberto Cavalli, and Katy Perry brands; and color cosmetics products, counting lip, eye, nail, and facial color products under the OPI, Rimmel, and Sally Hansen brands.
At the end of Friday’s trade, Wisconsin Energy Corp (NYSE:WEC)‘s shares dipped -0.63% to $45.58.
The board of directors of Wisconsin Energy Corporation recently declared pro rata dividends in anticipation of the potential acquisition by Wisconsin Energy (WEC) of Integrys Energy Group (TEG) taking place before Wisconsin Energy’s next common stock dividend record date.
The board declared a pro rata dividend of $0.00459239 a share per day that will accrue from May 15, 2015, through the day before the effective date of the acquisition. This pro rata dividend is the daily equivalent of the current quarterly dividend rate of $0.4225 a share. It would be payable to Wisconsin Energy shareholders of record at the close of business on the day preceding the effective date of the acquisition.
The board also declared a pro rata dividend of $0.00497283 a share per day (the daily equivalent of $0.4575 per quarter) that will accrue from the effective date of the acquisition through Aug. 14, 2015, which is Wisconsin Energy’s normal record date. This pro rata dividend would be paid on Sept. 1, 2015, to Wisconsin Energy shareholders of record on Aug. 14, 2015.
Wisconsin Energy Corporation, through its auxiliaries, generates and distributes electric energy. The company operates in two segments, Utility Energy and Non-Utility Energy. It generates electricity from coal, natural gas, oil, hydroelectric, wind, and biomass. The company provides electric utility services to customers in the paper, foundry, food products, and machinery production industries, in addition to the retail chains.
Level 3 Communications, Inc. (NYSE:LVLT), ended its Friday’s trading session with -1.44% loss, and closed at $54.75.
Level 3 Communications, Inc. (LVLT) reached a Supplemental Indenture (the “Guarantee Supplemental Indenture”), dated as of June 3, 2015, to the Indenture, (the “Indenture”) dated as of January 29, 2015, among Parent, as guarantor, Level 3 Financing, as issuer and The Bank of New York Mellon Trust Company, N.A., as trustee (the “Trustee”), regarding Level 3 Financing’s 5.625% Senior Notes due 2023 (the “Notes”). The Guarantee Supplemental Indenture was reached among Level 3 Financing, Parent, Level 3 Communications, LLC (“Level 3 LLC”), a wholly owned partner of Parent, and the Trustee. Following the Guarantee Supplemental Indenture, Level 3 LLC has offered an unconditional, unsecured guaranty of the Notes. The Guarantee Supplemental Indenture is filed as exhibit 4.1 to this Current Report and is incorporated by reference as if set forth in full.
Level 3 Communications, Inc., together with its auxiliaries, operates as a facilities-based provider of a range of integrated communications services primarily in North America, Latin America, Europe, the Middle East, and Africa. The company provides transport services comprising wavelengths, private lines, transoceanic, and dark fiber, in addition to related professional services; fiber services; and colocation and data center services, such as cloud, hosting, and application administration solutions.
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