On Monday, Becton, Dickinson and Co. (NYSE:BDX)’s shares inclined 0.56% to $139.11.
The Product Development and Management Association (PDMA), the premier global advocate for product development and administration professionals, declared recently that it has awarded the 2015 Outstanding Corporate Innovator (OCI) Award to BD (Becton, Dickinson and Company) (BDX).
BD’s focus on innovation has offered a framework to integrate the business, make acquisitions and coordinate actions vertically, from the top through operating levels of the company.
The OCI Award is the only innovation award which recognizes sustained (five or more years) and quantifiable business results from new products and services. Counting BD, there have been 52 organizations to be granted the OCI Award over the course of its 25 year history. Past winners have comprised of, DuPont, Merck, FedEx, Harley Davidson, Starbucks and Xerox.
Becton, Dickinson and Company, a medical technology company, develops, manufactures, and sells medical supplies, devices, laboratory equipment, and diagnostic products worldwide. The company’s BD Medical segment produces medical devices, such as needles, syringes, and intravenous catheters for medication delivery; prefilled IV flush syringes; syringes and pen needles for use in the treatment of diabetes; prefillable drug delivery systems; anesthesia needles and trays; sharps disposal containers; and closed-system transfer devices.
Goldcorp Inc. (USA) (NYSE:GG)’s shares dropped -1.92% to $13.27.
GOLDCORP INC. (GG) will release third quarter results preceding to market open on Thursday, October 29, 2015 .
A conference call will be held Thursday, October 29, 2015 , at 10:00 a.m. (PDT) to talk about the results. Participants may join the call by dialing toll free 800-355-4959 or 416-340-2216 for calls outside Canada and the U.S.
Goldcorp Inc. engages in the acquisition, exploration, development, and operation of precious metal properties in Canada, the United States, Mexico, and Central and South America. The company primarily explores for gold, silver, copper, lead, and zinc deposits.
At the end of Monday’s trade, SYSCO Corporation (NYSE:SYY)‘s shares surged 1.12% to $39.85.
At its 2015 Investor Day, Sysco Corporation (SYY) senior executives presented a three-year planned business plan designed to improve the customer experience, enhance associate engagement and deliver strong financial results to drive shareholder value over time.
Sysco anticipates to achieve its new operating income and return on invested capital targets by accelerating local case growth, improving gross margins, leveraging its end-to-end supply chain, reducing administrative costs and generating more than $1 billion in free cash flow per year2.
Joining DeLaney in presenting the Sysco plan to investors were Tom Bene, executive vice president and president of foodservice operations; Scott Charlton, executive vice president, supply chain; Joel Grade, executive vice president and chief financial officer; and Wayne Shurts, executive vice president and chief technology officer.
Sysco Corporation, through its auxiliaries, markets and distributes a range of food and related products primarily to the foodservice or food-away-from-home industry. It distributes a line of frozen foods, such as meats, seafood, fully prepared entrees, fruits, vegetables, and desserts; a line of canned and dry foods; fresh meats and seafood; dairy products; beverage products; imported specialties; and fresh produce.
SouFun Holdings Ltd (NYSE:SFUN), ended its Monday’s trading session with 1.88% gain, and closed at $5.96.
SouFun Holdings Limited (SFUN), the leading real estate Internet portal in China, declared recently it reached (i) a subscription agreement with IDG Alternative Global Limited, which is an associate of IDG Capital Partners (“IDG”) as of the date of IDG Subscription Agreement and (ii) a subscription agreement (“Carlyle Subscription Agreement”, together with IDG Subscription Agreement, “Subscription Agreements”) with Safari Group Holdings Limited and Safari Group CB Holdings Limited, which are beneficially owned by Carlyle Group (“Carlyle”) as of the date of Carlyle Subscription Agreement. IDG, Carlyle and the administration (mainly founder and CEO Vincent Mo) will invest a total amount between $400 million and $700 million (of which 50% will be convertible notes) to purchase SouFun’s newly issued Class A ordinary shares and convertible notes (“Notes”) following the Subscription Agreements.
Under the Subscription Agreements, the subscription price of the new Class A ordinary shares is US$5.85 per current ADS (i.e. US$29.25 per Class A ordinary share), which is higher than the closing price of SouFun’s ADS as of September 16, 2015 and represents a 3.5% premium to the volume-weighted average trading price of the ADS for the 20 trading days preceding September 16, 2015. Holders of the convertible notes will have the right to convert the Notes into Class A ordinary shares at the price per share equal to 122.5% of the per share purchase price of the new Class A ordinary shares in 7 years after the issuance of the Notes. The Notes shall bear an annual interest of 1.5%.
SouFun Holdings Limited operates a real estate Internet portal, and home furnishing and improvement Websites in the People’s Republic of China. The company offers marketing services on its Websites, primarily through advertisements to real estate developers in the marketing phase of new property developments, in addition to real estate agencies; and suppliers of home furnishing and improvement, and other home-related products and services.
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