On Wednesday, Shares of Applied Materials, Inc. (NASDAQ:AMAT), lost -3.28% to $14.60.
The Tech Museum of Innovation declared recently that Oakland-based Embrace — the 2012 Tech Awards laureate that makes a low-cost infant warmer used by more than 150,000 premature babies worldwide — has been named the second recipient of the Laureate Impact Award sponsored by PayPal. The award honors past Tech Awards laureates who have demonstrated noteworthy progress toward solving a global problem since winning the prize.
Also recently, The Tech Awards — presented by Applied Materials — declared this year’s crop of 10 international laureates using technology to benefit humanity. They comprise BeeLine Reader of Redwood City, which improves reading fluency and efficiency with a digital tool that guides the eye for online reading; and DayOne Response, based in San Francisco, which offers a lightweight, backpack-sized emergency water purifier system that has offered 7 million liters of clean water to global disaster victims. BeeLine Reader is a laureate in the Microsoft Education Award category, while DayOne is a laureate in the Intel Environment Award category.
This year marks the 15th annual gala of The Tech Awards, often referred to as the “Oscars of Silicon Valley.” It will take place on Thursday, Nov. 12, 2015, at the San Jose McEnery Convention Center.
Applied Materials, Inc. (Applied) provides manufacturing equipment, services and software to the global semiconductor, flat panel display, solar photovoltaic (PV) and related industries. Applied’s customers comprise manufacturers of semiconductor wafers and chips, flat panel liquid crystal displays (LSDs), PV cells and modules, and other electronic devices.
Shares of AK Steel Holding Corporation (NYSE:AKS), declined -7.09% to $2.36, during its last trading session.
AK Steel Holding Corporation offered guidance for its third quarter 2015 financial results. AK Steel said that it anticipates to report a net loss of $0.02 to $0.07 per diluted share of common stock for the third quarter of 2015, reflecting an improvement from the net loss of $0.36 per diluted share in the second quarter of 2015. AK Steel said it anticipates the positive financial effects of higher shipments, lower raw material costs, cost reduction efforts and higher operating rates will partially offset lingering low carbon steel spot market prices.
For the third quarter of 2015, AK Steel anticipates shipments of about 1,860,000 tons, an improvement of about 3% contrast to the second quarter of 2015. The improvement in shipments quarter over quarter is primarily related to raised shipments to the automotive market.
AK Steel anticipates an average selling price of about $910 per ton for the third quarter of 2015, about 2% lower than the second quarter of 2015. The decrease in average selling price is primarily a result of lower carbon steel spot market pricing, which the company believes is principally driven by high levels of unfairly traded foreign steel imports. Lower costs for raw materials (principally iron ore pellets and carbon scrap) and energy, together with the results of continued efforts across the company to reduce costs, partially offset the effects of lower steel selling prices.
AK Steel Holding Corporation (AK Holding) is an integrated producer of flat-rolled carbon, stainless and electrical steels and tubular products through its wholly-owned partner, AK Steel Corporation (AK Steel and, together with AK Holding, the Company).
Shares of Metlife Inc (NYSE:MET), inclined 0.69% to $46.52, during its last trading session.
Metlife has earned a spot for the 17th year in a row on the 2015 Working Mother magazine’s “100 Best Companies” list for outstanding leadership in programs, policies and a culture that supports working families.
Among the programs MetLife sponsors for working families:
- Flexible Work Arrangements such as compressed work weeks, part-time work, job-sharing, flextime, virtual work and telecommuting.
- Parental Leave Coaching to assist employees and managers prepare for parental leave and return to work confidently.
- Back-up Child Care for up to 15 days per child per year when regular care is unavailable, in addition to up to 10% in child care discounts.
- The Working Families Network, a new employee network to create awareness of family friendly resources and provide a forum for employees to share experiences and best practices.
MetLife, Inc. (MetLife) is a provider of life insurance, annuities, employee benefits and asset administration. The Company’s segments comprise Retail; Group, Voluntary & Operatesite Benefits, and Corporate Benefit Funding. Its three geographic segments are Latin America (collectively, the Americas); Asia, and Europe, the Middle East and Africa (EMEA).
Finally, J C Penney Company Inc (NYSE:JCP), ended its last trade with -0.11% loss, and closed at $9.37.
J C Penney Company declared that John Tighe has been promoted to executive vice president, chief merchant effective Oct. 1, reporting to the Company`s Chief Executive Officer Marvin Ellison. Tighe most recently served as senior vice president and senior general merchandise manager for the men`s, children`s, footwear, handbag and intimate apparel divisions. He will succeed Elizabeth “Liz” Sweney who will serve in an advisory role through the end of the fiscal year, at which time she will retire from the Company after 16 years of service.
Tighe began his 24-year retail career at May Department Stores in a series of merchandising roles that spanned more than a decade at Filene`s and Meier & Frank. JCPenney recruited Tighe as a buyer in 2002, and he was later promoted to divisional vice president, overseeing various apparel categories such as junior`s sportswear, missy casual and special sizes before leading jcp.com in 2009 as senior vice president. In 2010, he was designated senior vice president and general merchandise manager of the Company`s home division before transitioning to men`s in 2012.
Among those reporting to Tighe comprise Siiri Dougherty, senior vice president and senior general merchandise manager, who will now have added responsibility for Sephora in addition to women`s apparel and jcp salon; and James Starke who has been promoted to senior vice president, general merchandise manager of men`s. Additionally, Angela Swanner has been promoted to senior vice president and general merchandise manager for Sephora, reporting to Dougherty.
J C. Penney Company, Inc. (JCPenney) is a holding company. The Company’s operating partner is J. C. Penney Corporation, Inc. (JCP). The Company’s business comprises of selling merchandise and services to consumers through its department stores and Website at jcpenney.com, which utilizes applications for desktop, mobile and tablet devices.
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