On Wednesday, Shares of Tyco International PLC (NYSE:TYC), gained 0.21% to $33.46.
Tyco, declared the expansion of its Global Center of Excellence Network, which enables multinational companies to streamline and standardize their fire and security systems around the world. Following the success of its Global Center of Excellence (GCoE) in Birmingham, Alabama, Tyco is opening and expanding facilities in key areas across the globe designed to emulate this model. The first center of the expansion opened in Denver this year, with Santiago, Chile planned to open in late November of this year. The company already has a center in Birmingham, UK, and will align this center with the global network. The company plans to open additional facilities over the next two years in Asia and India.
The Tyco CoEs develop standards, technical specifications and detailed work plans that enable high quality fire and security installations globally, while also providing customers with remote system audit services to verify functionality and compliance with regional and corporate standards. Since its opening in 2010, the company’s flagship Birmingham center has grown by almost 300 percent, assisting more than 50 Fortune 500 companies streamline and standardize their global integrated fire and security systems. Based on the success and momentum this center generated, Tyco opened its Denver Center of Excellence to support increasing customer demand from their national, regional, and global customers. The new 20,000 square-foot Center of Excellence presently houses 40 employees and is located in Denver, CO.
Tyco International Ltd. designs, sells, installs, and services security, fire detection, suppression, and life safety products worldwide. It operates in three segments: North America Installation & Services, Rest of World Installation & Services, and Global Products.
Shares of Kimco Realty Corp (NYSE:KIM), inclined 1.45% to $24.43, during its last trading session.
RioCan Real Estate Investment Trust and Kimco Realty Corp., declared that after fifteen successful years as partners, RioCan and Kimco have agreed to unwind their Canadian joint venture. The portfolio of 35 jointly owned properties (“RioKim Portfolio”) will be divided into three groups:
- the first group is a collection of 22 properties selected by RioCan that will be attained in two stages: 19 properties during the third quarter of 2015 and three properties in the first quarter of 2016;
- the second group comprises of ten institutional-quality retail assets which the partners have agreed to market for sale, one of which is presently under a conditional contract to be sold; and
- the third group of assets comprises three transitional properties that were formerly occupied by Target, which will be dealt with at a future date.
Kimco Realty Corporation is an independent real estate investment trust. The firm invests in the real estate markets across North America. It is primarily engaged in acquisitions, development, and administration of neighborhood and community shopping centers.
At the end of Wednesday’s trade, Shares of Ericsson (ADR) (NASDAQ:ERIC), gained 3.60% to $9.78.
Ericsson, declared it has joined forces with world-leading underground equipment companies, Ditch Witch and Vermeer. The companies will work together to leverage recent breakthroughs in technology to bring new deployment capacity, construction techniques and tools to fiber deployments, all of which are designed specifically to support the needs of recently`s telecom operators.
Ditch Witch and Vermeer will provide Ericsson with equipment, expert training, and field support to create new qualified crews with the latest tools and technology.
The consumer need for high-speed broadband connectivity to operate multiple communication devices is at an all-time high. According to the Ericsson Mobility Report, the average number of connected devices per household in the U.S. in 2014 was 5.2.
The demand for fiber-optic transmission is rapidly growing to accommodate increasing bandwidth requirements driven by new applications, specifically video services. Fiber is a key component for the next generation all-optical IP network. By teaming with the world`s top two equipment manufacturers and coupling them with Ericsson`s world-class service offering, Ericsson can deliver unmatched scalability and startup times for its customer fiber projects.
Ericsson provides communications technology and services worldwide. The company’s Networks segment delivers products and solutions for mobile access, Internet protocol (IP) and transmission networks, core networks, and cloud.
Finally, Hologic, Inc. (NASDAQ:HOLX), ended its last trade with 3.35% gain, and closed at $39.13.
For the 10th successive year, Hologic (HOLX) will ring the Nasdaq Opening Bell on the first business day of October, Breast Cancer Awareness Month.The conference will held on Thursday, October 1, 2015 at 9:15 a.m. to 9:30 a.m. ET, at Nasdaq MarketSite – 4 Times Square – 43rd & Broadway – Broadcast Studio.
Hologic, Inc. develops, manufactures, and supplies diagnostics products, medical imaging systems, and surgical products for women in the United States and internationally. The company operates in four segments: Diagnostics, Breast Health, GYN Surgical, and Skeletal Health.
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