On Monday, Shares of ACE Limited (NYSE:ACE), lost -0.64% to $100.21.
ACE Limited, declared the leadership teams it intends to appoint for the company’s North American business units, counting National Accounts, Middle Market, Small Commercial, Personal Lines, Wholesale/Excess & Surplus Lines, Bermuda and Agriculture. The company also declared the leadership teams that will have responsibility for all North American business of several major product lines, counting Professional Lines, Surety and Property. All of the appointments will take effect upon completion of the acquisition of Chubb, which is predictable in the first quarter of 2016.
ACE Limited, through its auxiliaries, provides a range of property and casualty insurance and reinsurance products worldwide. The company’s Insurance North American P&C segment offers casualty insurance, environmental, inland marine, professional risk, disaster protection, vacant land and building, and claims and risk administration services; homeowners, automobile, valuables, umbrella liability, and recreational marine insurance; and wholesale excess and surplus lines property, casualty, environmental, professional liability, inland marine, and product recall coverages.
Shares of Becton, Dickinson and Co. (NYSE:BDX), inclined 0.21% to $136.26, during its last trading session.
Seegene Inc. and BD Life Sciences, a segment of BD, declared that they have reached a worldwide partnership agreement to co-develop multiplex real-time PCR reagents for the BD MAX™ System.
Under the terms of the agreement, Seegene will develop and manufacture multiplex tests based on novel DPO, TOCE, and MuDT technologies designed exclusively for BD’s molecular diagnostics platform. BD, in turn, will have worldwide commercialization rights to these tests.
“We are very happy to partner with Seegene and incorporate their innovative proprietary technologies into our easy-to-use, fully automated BD MAX platform,” said Doug White, VP/GM Molecular Diagnostics and Women’s Health, BD Life Sciences. “With Seegene’s multiplex reagents that simultaneously detect and identify various types of pathogens in a single test, we will continue to expand the BD MAX assay portfolio.”
The BD MAX System offers an efficient path to improved clinical outcomes by combining and automating real-time PCR extraction, amplification and detection into a single platform capable of running a wide range of assays across multiple disease states, enabling physicians to address a wide breadth of testing needs.
Becton, Dickinson and Company, a medical technology company, develops, manufactures, and sells medical supplies, devices, laboratory equipment, and diagnostic products worldwide.
At the end of Monday’s trade, Shares of Paragon Offshore PLC (NYSE:PGN), lost -11.74% to $0.588.
Paragon Offshore plc, declared that it issued a report on drilling rig status and contract information as of September 14, 2015.
Paragon Offshore plc, together with its auxiliaries, provides offshore drilling rigs. The company is involved in contracting its rigs, related equipment, and work crews to conduct oil and gas drilling and workover operations for its exploration and production customers on a day rate basis.
Finally, Lockheed Martin Corporation (NYSE:LMT), ended its last trade with -0.39% loss, and closed at $206.00.
Lockheed Martin, has received a Foreign Military Sales contract from the U.S. Air Force to provide the Joint Air-to-Surface Standoff Missile (JASSM) to the Polish Air Force for its F-16 fleet.
Lockheed Martin is providing hardware and software, documentation, program administration and missiles in support of the Polish Shield initiative. Poland is the third international customer for JASSM.
“JASSM provides Poland with operational flexibility, reliability and mission effectiveness to meet their national defense requirements,” said Joe Garland, vice president of business development at Lockheed Martin Missiles and Fire Control. “JASSM gives our allies a powerful, vital and affordable cruise missile capability.”
Armed with a penetrating blast-fragmentation warhead, JASSM is a stealthy, precision-guided cruise missile. JASSM employs an infrared seeker and improved digital anti-jam Global Positioning System, and is integrated on the U.S. Air Force’s B-1, B-2, B-52, F-16 and F-15E. Internationally, JASSM is carried on the F/A-18A/B and the F-18C/D aircraft.
Lockheed Martin Corporation, a security and aerospace company, engages in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services.
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