On Wednesday, International Paper Co (NYSE:IP)’s shares declined -0.41% to $49.09.
IDG’s Computerworld declared that International Paper Co (:IP) has ranked 35th on its 2015 Best Places to Work in IT list. International Paper was recognized as one of 100 top organizations that challenge their IT staffs while providing great benefits and compensation. “It’s rewarding to see our team recognized for assisting International Paper become one of the most respected and successful companies in the world in the eyes of our employees, customers and our shareowners,” said Bob Wenker, Vice President and Chief Information Officer. “Every one of our teammates insists on excellence and being the best at what they do; they play to win and this recognition honors their efforts.”
International Paper’s IT organization employs more than 1,400 IT professionals delivering solutions for business advantage and support services to International Paper’s 58,000 team members using information resources across 1,100 locations, speaking 13 languages and doing business in 44 currencies.
Organizations will be comprised of in coverage in Computerworld together with results from the 22nd annual Best Places to Work in IT survey.
International Paper Company operates as a paper and packaging company in North America, Europe, Latin America, Russia, Asia, Africa, and the Middle East. The company operates through three segments: Industrial Packaging, Printing Papers, and Consumer Packaging. The Industrial Packaging segment manufactures containerboards, counting linerboard, medium, whitetop, recycled linerboard, recycled medium, and saturating kraft. The Printing Papers segment produces printing and writing papers, such as uncoated papers for end use applications, counting brochures, pamphlets, greeting cards, books, annual reports, and direct mail, in addition to envelopes, tablets, business forms, and file folders. This segment sells uncoated papers under the Hammermill, Springhill, Williamsburg, Postmark, Accent, Great White, Chamex, Ballet, Rey, Pol, and Svetocopy brand names. It also produces pulp for manufacturing printing, writing, and specialty papers, in addition to towels and tissues, filtration products, diapers, and sanitary napkins.
Avid Technology, Inc. (NASDAQ:AVID)’s shares dropped -5.80% to $14.28.
Avid(R) (AVID) declared it has achieved another noteworthy advance in the company’s Avid Everywhere(TM) vision by concluding its acquisition of Orad Hi-Tec Systems, a leading provider of state-of-the-art 3D real-time graphics, video servers, and related workflow administration solutions. The Orad product lines are highly complementary to the Avid MediaCentral Platform, and allow Avid to further deliver on its commitment to give media organizations and creative professionals more comprehensive workflows with greater choice, flexibility, and operational efficiency.
More than 600 customers worldwide presently rely on Orad’s cutting-edge technology to produce graphics, live events, and sports broadcasts. Avid plans to expand its portfolio and distribution network with Orad’s comprehensive line of news, channel branding, sports production and enhancement, elections and special events, virtual studios, video walls, and virtual advertisement products. With this expanded capability, media organizations on the Avid MediaCentral Platform should be able to reduce the burden of piecing together disparate fragmented workflows in their production environments, resulting in less complexity, fewer interoperability challenges, and greater efficiency and productivity.
Avid Technology, Inc. develops, markets, sells, and supports software and hardware for digital media content production, administration, and distribution in the United States, the other Americas, Europe, the Middle East, Africa, and the Asia-Pacific. The company offers various professional video creative tools, counting Media Composer product line, which is used to edit television programs, commercials, and films; NewsCutter option and iNews systems for news production; and Avid Symphony option that is used during post-production.
At the end of Wednesday’s trade, Globalstar, (NYSEMKT:GSAT)‘s shares dipped -5.83% to $2.26.
Globalstar, Inc. (GSAT) the leader in satellite communications and emergency notification technologies, recently declared that Disaster Tech Lab is using Globalstar’s satellite phones and SPOT handheld messengers to improve the efficiency of its humanitarian rescue operations and enhance the safety of its volunteers in disaster zones. Disaster Tech Lab sets up networks and services that enable communications for aid organizations and NGOs in addition to affected communities. These services will now be backed by Globalstar’s instant infrastructure independent of terrestrial coverage, which means even more rapid provisioning of interoperable communications systems.
Disaster Tech Lab’s volunteers in Nepal, setting up communications networks in the aftermath of the recent earthquakes, are already using SPOT Gen3(R) units. The rugged, easy-to-use handheld devices are set up to automatically report the user’s location at regular intervals. The device comprises a ‘check-in’ button to send to Disaster Tech Lab’s headquarters with a prepared message, indicating that all is OK, in addition to an SOS feature in case of emergency. SPOT has initiated over 3,500 life-saving rescues to date and is already relied upon by numerous emergency administration organizations.
Globalstar, Inc. provides mobile voice and data communications services through satellite worldwide. The company offers duplex two-way voice and data products, counting mobile voice and data satellite communications services and equipment for remote business continuity, recreational, emergency response, and other applications; fixed voice and data satellite communications services and equipment in rural villages, ships, industrial and commercial sites, and residential sites; and satellite data modem services comprising asynchronous and packet data services.
3D Systems Corporation (NYSE:DDD), ended its Wednesday’s trading session with -5.22% loss, and closed at $20.53.
3D Systems Corporation (DDD) declared that it was named to MIT Technology Review’s list of 50 Smartest Companies in the magazine’s 2015 ranking. The prestigious annual list recognizes and celebrates companies that combine “truly innovative technology and a business model that is both practical and ambitious, with the result that [the company] has set the agenda in its field over the past 12 months.”
3DS was recognized for its pioneering work on the world’s first 3D printing flexible assembly line. This groundbreaking nonstop printing platform deposits an unprecedented 4 billion drops of material every minute in photo-quality color, resulting in production speeds 50 times faster than existing 3D jetting technologies. The print engine is configured to readily integrate with various off-the-shelf automated machining, insertion and finishing operations, based on customer’s requirements, opening up countless new product and production possibilities in industries ranging from automotive to footwear and toys to consumer electronics.
3D Systems Corporation, through its auxiliaries, operates as a provider of 3D printing centric design-to-manufacturing solutions in the Americas, Germany, and the Asia-Pacific, in addition to other European, the Middle East, and African countries. The company’s 3D printers transform data input from the format generated by 3D design software, CAD software, or 3D scanning and sculpting devices to printed parts using integrated, engineered plastic, metal, nylon, rubber, wax, and composite print materials.
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