On Monday, Shares of Pfizer Inc. (NYSE:PFE), lost -0.50% to $34.04.
Pfizer Inc., declared that it broke ground for a $95 million consumer products production facility in Suzhou, China. The new site is near the company’s existing Suzhou site and will assist enhance production capacity to meet growing demand for Pfizer Consumer Healthcare’s brands in China and the Asia-Pacific region.
The new facility will primarily produce Caltrate® dietary supplements and Centrum® multivitamins, and in the future will support production of additional products. There are also plans to eventually house a research and development facility on the site to assist support innovation in the region.
The site design is predictable to achieve Leadership in Energy and Environmental Design (LEED) certifications, and will incorporate the most advanced technologies to minimize energy and water consumption.
For instance, to minimize energy consumption, the plant will be fitted with high-efficiency manufacturing equipment, LED and solar powered lighting with automatic controls. It will employ technologies to recycle waste heating and cooling and will make extensive use of natural lighting and shading. To conserve water, the plant will use high efficiency equipment and fixtures, recycle treated wastewater for its cooling tower and for toilets and capture rain water for irrigation of its lawn and landscaping.
Pfizer Inc., a biopharmaceutical company, discovers, develops, manufactures, and sells healthcare products worldwide. The company operates through Global Innovative Pharmaceutical (GIP); Global Vaccines, Oncology and Consumer Healthcare (VOC); and Global Established Pharmaceutical (GEP) segments.
Shares of QUALCOMM Incorporated (NASDAQ:QCOM), declined -0.60% to $66.63, during its last trading session, as technology stocks declined Monday with shares of technology companies in the S&P 500 losing around 0.6%.
On June 1, QUALCOMM Incorporated declared that its partner, Qualcomm Atheros, Inc., is unveiling new 802.11ac Wave 2 solutions that combine multi-user multi-input/multi-output (MU-MIMO), support for 160 MHz channels and 4×4 antenna configurations to offer higher performance and more efficient Wi-Fi® connectivity. In addition to the new Qualcomm® MU | EFX products, Qualcomm Atheros continues to assist customers drive adoption of networking, computing and mobile products that can achieve up to three times faster 802.11ac connections in today’s increasingly crowded environments. A number of Qualcomm Atheros customers have or will soon launch products based on the current generation of MU-MIMO chips.
Next Generation of Qualcomm MU | EFX Products
Qualcomm Atheros is now adding two new products that further extend the capabilities of its Qualcomm MU | EFX line up. Qualcomm Atheros’ new products, which comprise the QCA9984 for home routers and QCA9994 for enterprise access points, will offer advanced features to meet the requirements of the most demanding networks:
- Improved MU-MIMO, with support for four simultaneous streams.
- Support for new, wider 160MHz contiguous and 80+80MHz non-contiguous 802.11ac channels - offering double the capacity of the existing 80MHz channels. The QCA9994 further supports 5/10 MHz narrow channels for public safety applications.
- Bandwidth agility allows the radio to move seamlessly between channel widths on a packet-by-packet basis and achieve greater spectrum efficiency and throughput.
- Package-compatibility with the QCA998x and QCA999x solutions for a seamless transition from existing designs.
QUALCOMM Incorporated designs, develops, manufactures, and markets digital communications products and services in China, South Korea, Taiwan, and the United States. The company operates through three segments: Qualcomm CDMA Technologies (QCT), Qualcomm Technology Licensing (QTL), and Qualcomm Planned Initiatives (QSI).
Finally, Encana Corporation (NYSE:ECA), ended its last trade with -1.33% loss, and closed at $11.86, as oil prices fell in volatile trading on Monday as the Greek debt crisis raised concerns about demand for petroleum in Europe and as the U.N. started talks to try to bring peace to Yemen, where OPEC heavyweight Saudi Arabia is involved in a civil war.
Expiring front-month July Brent fell $1.26 to settle and go off the board at $62.61 a barrel.
August Brent fell 69 cents to settle at $63.95, Reuters Reports.
Encana Corporation, together with its auxiliaries, engages in the development, exploration, production, and marketing of natural gas, oil, and natural gas liquids in Canada and the United States. The company owns interests in plays, such as the Montney in northern British Columbia and northwest Alberta; Duvernay in west central Alberta; Clearwater in central and southern Alberta.
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