On Friday, DexCom, Inc. (NASDAQ:DXCM)’s shares declined -0.63% to $90.01.
DexCom, Inc. (DXCM), a leader in continuous glucose monitoring (CGM) for people with diabetes, declared recently that it has reached a contract with the life sciences team at Google to jointly develop a series of next-generation CGM products that are designed to be smaller and less expensive than existing technologies. These new products will incorporate Google’s miniaturized electronics platform with DexCom’s best-in-class sensor technology. This partnership also provides an opportunity to better utilize the data generated by these CGM products to significantly improve the outcomes and reduce the costs associated with diabetes care.
DexCom retains all sales and distribution rights of the products developed under this agreement. DexCom is also obligated to pay an initial upfront payment and milestone payments during development, and revenue-based royalties once these products are launched and have achieved a certain level of revenue.
DexCom, Inc., a medical device company, focuses on the design, development, and commercialization of continuous glucose monitoring systems. The company offers its systems for ambulatory use by people with diabetes; and for use by healthcare providers in the hospital for the treatment of patients with and without diabetes. Its ambulatory product line comprises DexCom G4 system, a continuous glucose monitoring system; DexCom G4 PLATINUM system for continuous use by adults with diabetes; and DexCom SHARE, a remote monitoring system, which provides secondary notification and does not replace real time continuous glucose monitoring or standard home blood glucose monitoring.
Nordson Corporation (NASDAQ:NDSN)’s shares dropped -11.94% to $62.44.
Nordson Corporation ( NDSN) stated results for the third quarter of fiscal year 2015. For the quarter ending July 31, 2015, sales were $463 million, a 1 percent enhance over the preceding year’s third quarter. This change in sales comprised of a 6 percent enhance in organic volume, a 2 percent enhance related to the first year effect of acquisitions, and a negative 7 percent impact related to the unfavorable effects of currency translation. Operating profit was $103 million, net income was $69 million, and GAAP diluted earnings per share were $1.14. Preceding year third quarter sales, operating profit, net income and diluted earnings per share were $459 million, $114 million, $78 million and $1.21, respectively. Diluted earnings per share in the current quarter comprise a $0.01 per share benefit related to a discrete tax item and a $0.03 per share charge related to restructuring and efficiency initiatives. A reconciliation of GAAP diluted EPS to normalized amounts and a calculation of free cash flow are comprised of in the attached tables.
Nordson Corporation engineers, manufactures, and markets products and systems for dispensing and processing adhesives, coatings, polymers, sealants, biomaterials, fluid administration, testing and inspection, surface treatment, and curing. Its Adhesive Dispensing Systems segment provides equipment to apply adhesives, lotions, liquids, and fibers to disposable products; automated adhesive dispensing systems for packaged goods industries; adhesive and sealant dispensing systems to bond and seal plastics, metal, and wood products in the paper and paperboard converting industries; laminating and coating systems to manufacture continuous-roll goods in nonwovens, textile, and paper industries; and components and systems used in plastic extrusion and injection molding processes.
At the end of Friday’s trade, SunOpta, Inc. (USA) (NASDAQ:STKL)‘s shares dipped -0.23% to $8.60.
SunOpta Inc. (STKL) a leading global company focused on organic, non-genetically modified and healthy foods, recently declared it has signed a definitive agreement to acquire the assets of Niagara Natural Fruit Snack Company Inc. (“Niagara Natural”). The acquisition closed contemporaneously with the execution of the definitive agreement.
Niagara Natural is a growing and innovative manufacturer of healthy non-GMO and organic fruit snacks, enhancing SunOpta’s existing healthy snack platform and focus on integrated consumer products. With the acquisition, SunOpta extends its market presence in fruit snacks and importantly will now have manufacturing operations in both the east and west, providing a competitively positioned platform to improve customer service and also generate meaningful operational and logistical synergies. The acquisition is predictable to be right away accretive to cash flows, and accretive in 2016 to earnings on a GAAP basis.
SunOpta Inc. sources, processes, packages, and markets natural, organic, and specialty food products in the United States, Canada, Europe, China, and Ethiopia. Its Global Ingredients segment offers identity preserved, non-genetically modified (non-GMO), and organic seeds and grains, counting soy, corn, and sunflower; seed and grain-based animal feed, and pet food products; and organic fruit- and vegetable-based raw materials and ingredients, sweeteners, cocoa, coffees, ancient grains, nuts, seeds and pulses, and other organic food products.
Herbalife Ltd. (NYSE:HLF), ended its Friday’s trading session with -1.35% loss, and closed at $56.82.
Global nutrition company Herbalife (HLF) added a new pomegranate-berry flavor to its Liftoff® energy boosting effervescent supplement.
s people across the country continue participating in healthy and active physical activities and want to enhance their energy levels without compromising their healthy nutritional habits, Herbalife introduces a new flavor to its Liftoff® product with naturally-derived ingredients.
Liftoff® Pomegranate-Berry Burst contains 75 mg of caffeine, which assists consumers stay alert and focused,* in addition to temporarily increasing metabolism.* This product contains a specially selected Panax ginseng root extract, and ginsenosides, which support brain function, accelerate memory recall†, and assist reduce the feeling of mental fatigue.* Liftoff® Pomegranate-Berry Boost is loaded with Vitamin C, and a spectrum of energy-supporting B vitamins (B1, B2, B3, B5, B6, B7 and B12).*
Herbalife Ltd., a nutrition company, develops and sells weight administration, healthy meals and snacks, sports and fitness, energy and targeted nutritional products, and personal care products. The company offers science-based products in four principal categories, counting weight administration; targeted nutrition; energy, sports, and fitness; and outer nutrition. The weight administration product portfolio comprises meal replacement, protein shakes, drink mixes, weight loss enhancers, and healthy snacks. The targeted nutrition products comprise dietary and nutritional supplements containing herbs, vitamins, minerals, and other natural ingredients.
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