On Tuesday, Axalta Coating Systems Ltd (NYSE:AXTA)’s shares inclined 0.88% to $35.39.
Axalta Coating Systems Ltd (AXTA) has designated Axalta as the exclusive supplier for its corporate rebranding program to re-paint Hoau’s fleet of heavy duty trucks. Axalta’s Nason® refinish systems will be used to re-spray Hoau Group trucks.
As a pioneer in the Chinese freight transportation industry, Hoau Group has recently unveiled its new corporate image. Founded in 1995, Hoau Group is a leading freight and transportation company in China. Hoau has 54 transit hubs and 1,500 commercial networks in over 600 cities across China.
After several rounds of testing, Hoau chose Axalta’s Nason refinish systems to re-spray all its trucks with its new brand image. Hoau will spray it trucks with its Axalta’s Nason Bus Surfacer and Top Coat products, which provide vivid colors, fast drying performance and excellent durability. Nason’s superior quality and fast-drying performance are designed to waste during the application process, providing a cost-effective and sustainable solution while using less paint.
Axalta Coating Systems Ltd., through its auxiliaries, manufactures, markets, and distributes high performance coatings products primarily for the transportation industry. It operates through two segments, Performance Coatings and Transportation Coatings. The Performance Coatings segment offers various waterborne and solvent borne products and systems that are used to refinish damaged vehicles for independent body shops, multi-shop operators, and original equipment manufacturer (OEM) dealership body shops.
Restaurant Brands International Inc (NYSE:QSR)’s shares dropped -1.57% to $37.10.
The BURGER KING® brand is owned by Restaurant Brands International Inc (NYSE:QSR). The BURGER KING McLAMORESM Foundation declared recently that it is making the dreams of close to 2,500 students a reality. Through its BURGER KINGSM Scholars program, $2.7 million in scholarships — counting three $50,000 grants — are being awarded to exceptional high school graduates and BK® employees in the U.S., Canada and Puerto Rico.
Recognizing thousands of world-changing students through various scholarship levels, the program opens countless doors for students across North America, putting college within their reach and allowing them to seize unprecedented opportunities.
It all began in 2000, when BURGER KING® franchisees initiated the program. Since then, the BURGER KINGSM Scholars program—administered by the BURGER KING McLAMORESM Foundation since 2005—has touched the lives of more than 24,000 students, awarding $25.3 million in financial assistance to be used toward their educational advancement. This year alone, the program awarded three $50,000 James W. McLamore WHOPPER® Scholarship Awards, 10 $5,000 regional scholarships and close to 2,500 $1,000 scholarships to graduates.
These extraordinary students carry on the legacy of BURGER KING® brand co-founder James W. McLamore, the inspiration for the Foundation and a committed philanthropist whose dedication to education made him a pillar of community service throughout his lifetime.
Restaurant Brands International Inc. owns and operates quick service restaurants under the Burger King and Tim Hortons brand names. As of February 17, 2015, it franchised or owned 19,043 restaurants in about 100 countries and U.S. territories worldwide. The company was founded in 1954 and is headquartered in Oakville, Canada.
At the end of Tuesday’s trade, ANADIGICS, Inc. (NASDAQ:ANAD)‘s shares surged 3.23% to $0.640.
ANADIGICS, Inc. (ANAD) introduced two new high-power GaN infrastructure line amplifiers for CATV systems at ANGA COM 2015. The ACA2455 and ACA4733 power doublers are optimized for fiber deep, Node+0 networks, and node segmentation/split upgrades by delivering world-class output power, linearity and efficiency. With only 12.7 Watts of DC power consumption, these new line amplifiers offer the lowest cost per bit for all-digital content delivery. This efficiency assists MSOs better manage operating costs over the life of the network.
ANADIGICS’ ACA2455 and ACA4733 line amplifiers combine the Company’s MESFET technology with a GaN output stage to deliver exceptional performance and reliability in CATV infrastructure applications. These highly linear power doublers provide 28 dB gain, +63 dBmV per channel output power, and +73.2 dBmV total composite power. The Company’s ACA2455 and ACA4733 GaN line amplifiers offer exceptional composite triple beat (CTB), composite second order (CSO), cross modulation, carrier-to-intermodulation noise (CIN), and modulation-error and bit-error ratio (MER and BER) characteristics for optimal performance in a fully-loaded spectrum.
POZEN Inc.(NASDAQ:POZN), ended its Tuesday’s trading session with 6.37% gain, and closed at $10.02.
POZEN Inc. (POZN) a pharmaceutical company committed to developing medicine that transforms lives, recently declared the acquisition of Tribute Pharmaceuticals Canada Inc. (“Tribute”) (TSX VENTURE:TRX)(TBUFF), a Canadian specialty pharmaceutical company, in a transaction valued at about US$146 million. Upon completion of the acquisition, which is predictable to occur in the fourth quarter of 2015, the combined company will be named Aralez Pharmaceuticals plc (“Aralez” or the “Company”) and domiciled in Ireland. Upon closing, Aralez is predictable to trade on NASDAQ and TSX.
The acquisition will create a premier specialty pharmaceutical company with a broad portfolio of commercial products and a growth plan focused on innovative products and acquisitions and the commercialization of portfolio products in the United States and Canada. The Company will also be well positioned to expand its foreign presence through potential international sales and licensing, manufacturing and product development.
POZEN Inc., a pharmaceutical company, develops products for the treatment of acute and chronic pain, and pain related conditions in the United States and internationally. Its principal PA product candidates comprise PA32540 and PA8140 for secondary prevention of cardiovascular and cerebrovascular disease in patients at risk for gastric ulcers, which have accomplished clinical development in the United States.
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