On Wednesday, Shares of NorthStar Asset Administration Group Inc (NYSE:NSAM), gained 5.59% to $14.36.
NorthStar Realty Finance Corp., declared that its Board of Directors has authorized the repurchase of up to $500 million of its outstanding common stock.
The repurchases will occur from time to time in the open market and/or in privately negotiated transactions as market conditions permit. The authorization will expire in 12 months, unless otherwise extended by NorthStar Realty’s Board of Directors. The repurchase program will be utilized at administration’s discretion and in accordance with the requirements of the Securities and Exchange Commission. The timing and actual number of shares repurchased will depend on a variety of factors counting price, corporate requirements and other conditions.
Northstar Asset Administration Group Inc. provides asset administration and other services in the United States and internationally. It also offers securitization transaction services. The company is based in New York, New York. Northstar Asset Administration Group Inc. (NYSE:NSAM) operates independently of NorthStar Realty Finance Corp. as of June 30, 2014.
Shares of Illumina, Inc. (NASDAQ:ILMN), inclined 3.53% to $175.82, during its last trading session.
Illumina, declared several new additions to BaseSpace—the world’s largest and most comprehensive cloud computing environment—with the launch of BaseSpace Professional and Enterprise Editions, fully integrated Laboratory Information Administration System (LIMS) solutions and advanced infrastructure upgrades.
“BaseSpace is ongoing to show phenomenal growth with more than 75 percent year-over-year growth in new users and more than 900 percent year-over-year growth in app usage,” said Sanjay Chikarmane, Senior Vice President and General Manager of Illumina’s Enterprise Informatics. “The new Professional and Enterprise packages and infrastructure upgrades will provide the industry’s broadest, most advanced genomics analysis platform. Customers will have the speed and flexibility to manage their sequencing workflow on the cloud, reducing infrastructure cost, while accelerating basic and translational research, eventually leading to improved clinical care.”
BaseSpace is the only genomics platform that integrates sample set-up, instrument and sequencing run monitoring together with storage, analysis and sharing of large volumes of genomic data. The analysis platform is presently processing data from more than 4,000 sequencing systems worldwide, counting Illumina’s population-scale sequencing system, HiSeq X™ Ten, and providing push-button analytics with over 60 apps to more than 30,000 registered users.
Illumina, Inc. provides sequencing and array-based solutions for genetic analysis in North America, Europe, Latin America, the Asia-Pacific, the Middle East, and South Africa. The company’s products comprise sequencing platforms that are based on its SBS technology, which provides researchers with various ranges of applications and the ability to sequence mammalian genomes; and array platforms comprise of HiScan and iScan systems, in addition to NextSeq 550 system that are array scanners for DNA and RNA analysis applications, counting single nucleotide polymorphism genotyping, copy number variations analysis, gene expression analysis, and methylation analysis.
At the end of Wednesday’s trade, Shares of 3M Co (NYSE:MMM), gained 0.16% to $141.77.
Using a respirator cartridge beyond its service life can endanger workers and lead to regulatory violations. 3M has launched a new line of organic vapor respirator cartridges with 3M™ Service Life Indicator technology, an end-of-service-life-indicator (ESLI) that, when used in appropriate environments, visually shows when users should change cartridges.
The 3M Service Life Indicator can be used to complement a company’s current respirator cartridge change plan, and in some cases replace it. Workers simply peel back a removable sensor protector to view the indicator bar and, in appropriate environments, determine when to change the cartridge. The indicator can also assist optimize cartridge change plans across workers because it is designed to indicate service life based on individual exposure and breathing patterns.
“Using a respirator filter too long can lead to break-through of the hazard into the respirator,” said Alana Mitchell, Global Marketing Manager, Reusable Respirators, 3M. “In appropriate environments, the 3M™ Service Life Indicator can assist protect workers from dangerous airborne organic vapors by assisting remove the guesswork related to cartridge replacement, giving users the assurance that their respirator is delivering the protection they need.”
3M Company operates as a diversified technology company worldwide. Its Industrial segment offers tapes; coated, non-woven, and bonded abrasives; adhesives; ceramics; sealants; specialty materials; filtration products; closure systems for personal hygiene products; acoustic systems products; automotive components; abrasion-resistant films; structural adhesives; and paint finishing and detailing products.
Finally, Chart Industries, Inc. (NASDAQ:GTLS), ended its last trade with 3.34% gain, and closed at $19.21.
Chart Industries, declared that Magnolia LNG, a partner company of Liquefied Natural Gas Limited, has awarded its wholly-owned partner, Chart Energy & Chemicals, Inc., contracts in excess of $40 million for the supply of brazed aluminum heat exchangers (BAHX), Core-in-Kettle® exchangers and cold boxes for its mid-scale LNG project at Lake Charles, Louisiana.
This initial award comprises of two identical trains, each with a nominal LNG production capacity of 2.0 million metric tons per annum (MMTPA), that combine Chart’s proven BAHX, Core-in-Kettle® and cold box technologies into an integrated system to support the delivery of North American natural gas as a competitively priced, prolific domestic and export resource. It is anticipated that a further award will be confirmed, by the latest, the first quarter of 2016 for an additional two trains, which would take the overall plant capacity to 8.0 MMTPA.
All Chart equipment will be engineered and built in the U.S., with Chart’s waterside cold box fabrication facility, in New Iberia, Louisiana, located close to the project site.
“We are delighted with this award which is further demonstration of the benefits of a multi-train, modular concept, crucial in delivering the project aim of LNG to market in 2018. Establishing standardized, repeatable plant designs, centred on Chart’s BAHX technology, also lays the foundation for the fulfilment of future projects and opportunities for LNG Limited and Chart,” commented Mike Durkin, President of Chart Energy & Chemicals.
Chart Industries, Inc. manufactures and sells engineered equipment for the industrial gas, energy, and biomedical industries worldwide. The company operates in three segments: Energy & Chemicals (E&C), Distribution & Storage (D&S), and BioMedical.
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