On Wednesday, Ericsson (ADR) (NASDAQ:ERIC)’s shares closed at $12.76.
Yesterday, Blendee wins Ericsson Innovation Awards for their future of learning solution:
Team Blendlee, comprising of Marcos Welker and Jolita Kiznyte`s from Germany, has been chosen as the winner of the Ericsson Innovation Awards for their platform for self-development based on the concept of blended learning. Blendlee works to combine the possibilities of technology and human factors to meet unique user needs.
Taking home a top prize of EUR 25,000, the winners beat off strong competition from runners-up Pik-Do (USA), third-placed 132 CONNECT (India) and Bridge (Ukraine), who came in fourth place.
Motivating their decision to choose Blendlee as the winners, the judges said: “Blendlee did a great job of structuring a combination of educational activities into personal aims and strength assessment. Bringing in a coaching community, taking a lifetime learning approach and mixing in certifications and aim mapping was definitely appreciated.”
Open to student from all over the world, the teams that entered the 2015 competition were asked to be fundamental drivers of change in the future of education. Each was required to come up with an innovative idea, a business plan and a description of why it should be chosen ahead of the others.
The winners for the Technology for Good award were Tent School System team from Pakistan compriseing of team leader Zulqarnain Jameel and Maryem Tanveer, Mahoor Obaid and Yasir Mustafa. The team`s ultimate is to eradicate illiteracy in Pakistan by 2020 and operates in an Islamabad slum, offering free education to children who don`t even have basic necessities.
Started in 2009, the competition began as the Ericsson Application Awards, a research and development initiative to spark app development and boost innovation.
Ericsson provides communications technology and services worldwide. The companys Networks segment delivers products and solutions for mobile access, Internet protocol (IP) and transmission networks, core networks, and cloud. This segment offers radio access solutions; IP routing and transport solutions; transmission/backhaul solutions comprising microwave and optical transmission solutions for mobile and fixed networks; IP multimedia subsystem solutions; and operations support systems, in addition to supports operators administration of existing networks.
Achillion Pharmaceuticals, Inc (NASDAQ:ACHN)’s shares dropped -1.00% to $10.43, during the last trading session on Wednesday.
On April 8, Achillion Pharmaceuticals, Inc. declared that it will present three posters, counting two late breaker abstracts, at the 50th Annual Meeting of the European Association for the Study of the Liver (EASL) during The International Liver Congress 2015. Poster presentations will comprise Phase 1 results on ACH-3422, a NS5B nucleotide polymerase inhibitor, and detailed results from the Phase 2 proxy study evaluating ACH-3102, a second-generation NS5A inhibitor, and sofosbuvir following 6- and 8-week treatment durations for treatment-naive genotype 1 HCV. The congress is being held April 22 — 26 in Vienna, Austria.
Achillion Pharmaceuticals, Inc., a biopharmaceutical company, discovers, develops, and commercializes anti-infective drug therapies in the United States and internationally. It focuses on developing combination therapies for the treatment of chronic hepatitis C (HCV) infection and drug-resistant bacterial infections.
At the end of Wednesday’s trade, MGIC Investment Corp (NYSE:MTG)‘s shares dipped -0.99% to $9.99, hitting its highest level.
As MGIC Investment (MTG), has declared plans to release its 1st quarter 2015 financial results before the market opens on Tuesday, April 21, 2015. A conference call/webcast has been planned for 10:00 a.m. Eastern Time to talk about the Company’s results for the quarter ended March 31, 2015.
MGIC Investment Corporation, through its auxiliaries, provides private mortgage insurance and ancillary services to lenders and government sponsored entities in the United States. The company offers primary mortgage insurance that provides mortgage default protection on individual loans, in addition to covers unpaid loan principal, delinquent interest, and various expenses associated with the default and subsequent foreclosure; and pool insurance coverage, which covers the excess of the loss on a defaulted mortgage loan that exceeds the claim payment under the primary coverage.
Health Care REIT, Inc (NYSE:HCN), ended its Wednesday’s trading session with -0.98% loss, and closed at $75.43.
On April 6, Health Care REIT, declared that Steven W. Schroeder has been designated to Vice President – Treasurer. Steve succeeds Michael A. Crabtree who stepped down effective April 1, 2015 in a planned transition.
“Mike’s numerous contributions to HCN were critical in its successful growth from $600 million in enterprise value to nearly $40 billion recently,” said Scott Estes, Chief Financial Officer of HCN. “Perhaps most notably, Mike played an instrumental role in managing our numerous bank relationships counting our current $3.23 billion credit facility, assisting in over $25 billion of capital raising transactions, and acting as our primary contact with the rating agencies. Mike will always be a member of the HCN family, and we wish him and his family well.”
“Steve has been a key contributor over the past nine years, and I am confident he will be a great Treasurer,” added Estes. “Mike has served as a mentor to Steve, and they worked closely together for years. They have actively collaborated for months to assure a seamless transition.”
Steve has served as HCN’s Vice President – Finance since January 2011, and has had various roles within HCN’s finance and investment teams since May 2006. In his new role, he will be responsible for managing liabilities; rating agency and banking relationships; foreign exchange and cash administration; assisting in capital raising activities; and working as a primary contact with the equity research community.
Health Care REIT, Inc. is an independent equity real estate investment trust. The firm engages in acquiring, planning, developing, managing, repositioning and monetizing of real estate assets. It primarily invests in the real estate markets of the United States. The firm primarily invests in senior living and health care properties.
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