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Royal Bank of Canada grew its position in PC Connection, Inc. (NASDAQ:CNXN) by 15.3% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 250,510 shares of the company’s stock after purchasing an additional 33,294 shares during the quarter. Royal Bank of Canada owned approximately 0.94% of PC Connection worth $6,779,000 as of its most recent filing with the SEC.
Other large investors have also recently bought and sold shares of the company. Legal & General Group Plc bought a new stake in shares of PC Connection in the 1st quarter valued at $102,000. Dubuque Bank & Trust Co. boosted its stake in shares of PC Connection by 64.9% in the 2nd quarter. Dubuque Bank & Trust Co. now owns 5,779 shares of the company’s stock valued at $156,000 after purchasing an additional 2,275 shares during the last quarter. Victory Capital Management Inc. bought a new stake in shares of PC Connection in the 1st quarter valued at $175,000. Envestnet Asset Management Inc. bought a new stake in shares of PC Connection in the 1st quarter valued at $188,000. Finally, Los Angeles Capital Management & Equity Research Inc. bought a new stake in shares of PC Connection in the 1st quarter valued at $205,000. 41.38% of the stock is currently owned by institutional investors.
In other PC Connection news, CEO Timothy J. Mcgrath sold 26,122 shares of the business’s stock in a transaction on Friday, August 11th. The shares were sold at an average price of $25.82, for a total transaction of $674,470.04. Following the transaction, the chief executive officer now directly owns 224,907 shares of the company’s stock, valued at approximately $5,807,098.74. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director Negrini David Beffa sold 20,000 shares of the business’s stock in a transaction on Tuesday, September 12th. The shares were sold at an average price of $26.00, for a total transaction of $520,000.00. Following the transaction, the director now directly owns 129,800 shares in the company, valued at $3,374,800. The disclosure for this sale can be found here. 57.30% of the stock is currently owned by insiders.
PC Connection, Inc. (NASDAQ CNXN) opened at 27.86 on Friday. PC Connection, Inc. has a 52 week low of $22.31 and a 52 week high of $30.48. The company’s 50-day moving average is $27.19 and its 200 day moving average is $26.96. The company has a market capitalization of $746.20 million, a price-to-earnings ratio of 15.75 and a beta of 1.68.
PC Connection (NASDAQ:CNXN) last issued its quarterly earnings data on Thursday, July 27th. The company reported $0.53 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.50 by $0.03. The business had revenue of $749.79 million for the quarter, compared to the consensus estimate of $733.18 million. PC Connection had a net margin of 1.66% and a return on equity of 11.39%. The company’s quarterly revenue was up 10.9% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.49 EPS. On average, analysts forecast that PC Connection, Inc. will post $1.91 EPS for the current fiscal year.
A number of research firms have recently commented on CNXN. Zacks Investment Research lowered shares of PC Connection from a “buy” rating to a “hold” rating in a research note on Wednesday, September 27th. ValuEngine lowered shares of PC Connection from a “buy” rating to a “hold” rating in a research note on Friday, September 1st. Finally, Roth Capital set a $33.00 target price on shares of PC Connection and gave the stock a “buy” rating in a research note on Friday, July 28th.
PC Connection Profile
PC Connection, Inc is a provider of a range of information technology (IT) solutions. The Company conducts its business operations through three business segments: small- to medium-sized businesses (SMB), Large Account and Public Sector. The Company enables customers to design, enable, manage and service their IT environments.
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Since attack store shelves a small some-more than a week ago, Apple’s iPhone XR has garnered overwhelmingly certain reviews. Sporting a scarcely edge-to-edge arrangement during a cost indicate that is drastically reduce than Apple’s iPhone XS models, many analysts have been presaging that a iPhone XR will be a exile strike this holiday selling season.
Throwing some cold H2O on that thought is a new report from Nikkei which claims that Apple is shortening iPhone XR prolongation due to reduce than expected demand. The news privately relays that Apple recently told prolongation partners Foxconn and Pegatron not to supplement additional prolongation lines as primarily planned.
One source who claims to be informed with iPhone XR prolongation told a announcement that Foxconn primarily prepared 60 public lines for a iPhone XR though customarily uses about 45. All told, Nikkei’s source claims that altogether iPhone XR prolongation competence be anywhere from 20% to 25% reduce than initial estimates.
Per usual, we competence wish to take Nikkei’s news with a pellet of salt, generally in light of researcher Ming-Chi Kuo’s new financier note detailing how iPhone XR sales in a holiday entertain competence strech as high as 38 million units. It’s also value observant that Jim Cramer on CNBC progressing currently pronounced that a Nikkei news is fraudulent and “complete nonsense.”
Now usually, we would simply have to wait until Jan when Apple releases a gain news to get some discernment into altogether iPhone sales and a sincerity of Nikkei’s report. But Apple final week, if we recall, announced that they would no longer divulge iPhone sales as partial of their quarterly reports.

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In the entire world the economic global recession has decreased the growth in the IT industry but India is among the few countries which have not been affected due to the economic global recession greatly. Still the Indian IT industry is on the rise and getting good response in the IT market and growing at the good speed.
Future of IT industry in India is Bright because of its infrastructure and the IT professional strength. Information technology for both hardware and software is booming by leaps and bounds in India. No economic slowdown has been the matter of concern for the Indian information technology industry at all.
The IT products are being so much in demand all over the world which is manufactured by the Indian IT companies. Indian IT industry is expected to be 5.19% of the country's GDP. Thatís why the IT sectors are very important part of the Rising Economy of India . Indian IT sector is one the biggest job creating a field in India and because of it many youngsters have got jobs.
Indians are probably the biggest engineer producers in the world as Indian alone produces 500000 engineers in a year which is a record number engineer in a country in a year. And this figure makes the Indian IT industry more and more powerful. The use of computers, telephones, internet connections and many more gadgets have made the Indian IT sector a success and very required sector.
Information technology in India is called miracle to run the Indian economy faster even in the difficult time of global economic recession across the world. As there are a large number of IT professionals in India therefore more and more IT companies like to transfer and outsource their IT solutions business to the India IT companies in India these days in large amount.
What are the challenges before the IT Industry and Whats the future of Information Technology industry in India ?


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Paris designers share their inspirations as the spring collections get under way.
Amid the luxury malaise, Barneys' ceo says the company is profitable and performing well.
The movie’s shots focus on the Job Wouters’ colorful brushstrokes and intricate images as he is seen completing 80 drawings.
The former Saks chief executive officer will deliver the keynote address at the National Retail Federation’s 103rd annual convention Monday.
First up, Essen’s Museum Folkwang is hosting “Karl Lagerfeld: Parallel Contrasts,” devoted to his obsessions — photography, fashion and books.


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An expanded sales floor, a bigger parts warehouse and a high-end RV park are a few of the features Sierra RV plans for its new location.
The Standard Examiner reported that after almost 20 years, the RV dealership is leaving its current location in Sunset, Utah, for a new spot off of Interstate 15.
Sierra RV co-owner Jared Jensen said he finalizes the deal at the bank today (July 10).
“Hopefully everything falls in line,” Jensen said.
The business currently sits on 17 acres, but Jensen said they could only use about 12 acres because of a canal, green space and roadways.
The new 45-acre location gives the family-owned business room to add an RV park resort.
“A big chunk of the ground will be designated for the customer service aspect,” Jensen said.
For the full report click here.


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BANGKOK, 3 May 2013 The Commerce Ministry is proposing the establishment of a joint trade committee to promote economic ties between Thailand and Mongolia. Commerce Minister Boonsong Teriyapirom said that, during his trip to Mongolia, he met with the country’s Minister of Economic Development and Minister of Industry and Trade, and all have shown strong determination to strengthen trade and investment ties between the two nations.
Mr. Boonsong was part of Prime Minister Yingluck Shinawatra’s delegation to Mongolia during April 27-29.
The Commerce Minister stated Mongolia is now considered an economy with high potential, due to its political stability, rich mineral resources and strong GDP growth. The country grew 12.6 percent in 2012 while the double-digit growth rate is forecast for the next 10 years.
He added that, during his meeting, a proposal on the setting up of the Thailand-Mongolia Joint Trade Committee (JTC) was made.
Mr. Boonsong said the JTC was proposed to be a formal stage for both nations to discuss economic, trade and investment ties, and to solve any obstacles they may face.
Currently, Mongolia is Thailand’s 158th biggest trading partner, with annual bilateral trade value of approximately 12.07 million US dollars.


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Australians under 25 years of age lost over $5 million to scams in 2019, with around 12,000 reports about losses by these young Aussies made to Scamwatch in 2019 - an increase of 11% over 2018.
Australians’ attitudes towards smart home technology means it will be some time yet before it is fully adopted, with the younger generation of Australians — those aged between 18 and 34 — concerned about the impact of technology in their homes, according to a new research report.
Samsung Adappt is a movement of young Australians designing apps that make a difference, with the Big Ideas competition closing on 30 September 2015.
myrepublic, been with them when they first started.
Whos your provider at that price? It's difficult to find 100/20 under $89 let alone true 100/40
Nice coverage, thx Sam!"There seems to be a double standard here" understatement of the year by Mr Xenophon :)Yet more[…]
Yes for those where ping/jitter is sensitive to them, like gamers and those who use a lot of video conferencing[…]
The Telstra shop is telling fibs. Just like everything Optus is first at, Telstra is set to follow them but[…]


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Mohawk Industries has unveiled its SmartStrand fiber made with DuPont's Sorona polymer. The fiber has been in development for more than two years, and features stain protection engineered into the fiber, as opposed to topically applied. According to Mohawk, the Sorona polymer is exclusive to flooring by Mohawk
SmartStrand fibers are readily dyeable, with as many as three different dyeing processes available for the product. The fiber is also inherently soft, with a good hand and very good tactile, according to Mohawk.
SmartStrand fiber can be used in standard textures, friezes, berber flecks, high-twist styles and other carpet constructions. A collection utilizing the fiber, called New Generation, as well as exclusive lines in Mohawk Floorscapes and ColorCenter stores, will be available in the second quarter of 2005, Mohawk says.


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Samsung Electronics on Tuesday unveiled a memory chip for mobile devices that contradicts the latest trends. Instead of making chip small and use a high-speed serial interface, the company decided to utilize a "wide" parallel interface instead which made the chip bigger and more expensive. However, Samsung claims that its solutions solves a number of problems for mobile devices.
The new 1Gb wide I/O mobile DRAM can transmit data at 12.8GB/s, which increases the bandwidth of mobile DDR DRAM (1.6GB/s) eightfold, while reducing power consumption by approximately 87%. The bandwidth is also four times that of LPDDR2 DRAM (which is approximately 3.2GB/s).
To boost data transmission, Samsung’s wide I/O DRAM uses 512 pins for data input and output compared to the previous generation of mobile DRAMs, which used a maximum of 32 pins. If you include the pins that are involved in sending commands and regulating power supply, a single Samsung wide I/O DRAM is designed to accommodate approximately 1200 pins.
The new mobile dynamic random access memory (DRAM) chip can store 1Gb of data and is made using a 50nm-class fabrication process. The new wide I/O mobile DRAM will be used in mobile applications, such as smartphones and tablet PCs.
Nowadays "wide" parallel interfaces are not very popular among developers of electronics devices. Firstly, chips utilizing wide interfaces, such as graphics processing units, are pretty expensive to manufacture from packaging standpoint. Secondly, such chips require complex print-circuit boards (PCBs), which results in high price of actual devices. Thirdly, larger chips are more expensive to make compared to smaller chips and high count of input/output pins from time to time requires to make chips artificially larger. However, Samsung claims that its 1Gb memory chip with extreme bandwidth can be installed instead of a high amount of smaller chips and result in reduced costs and higher performance.
“Following the development of 4Gb LPDDR2 DRAM (low-power DDR2 DRAM) last year, our new mobile DRAM solution with a wide I/O interface represents a significant contribution to the advancement of high-performance mobile products. We will continue to aggressively expand our high-performance mobile memory product line to further propel the growth of the mobile industry, said Byungse So, senior vice president, memory product planning and application engineering at Samsung Electronics.
Following this wide I/O DRAM launch, Samsung is aiming to provide 20nm-class 4Gb wide I/O mobile DRAM sometime in 2013. The company’s recent achievements in mobile DRAM include introducing the first 50nm-class 1Gb LPDDR2 DRAM in 2009 and the first 40nm-class 2Gb LPDDR2 in 2010.
According to iSuppli, mobile DRAM’s percentage of total annual DRAM shipments will increase from about 11.1% in 2010 to 16.5% in 2014.
Samsung will present a paper related to wide I/O DRAM technology at the 2011 International Solid-State Circuits Conference (ISSCC) being held from February 20 to 24 in San Francisco.


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The U.S. Fintech Symposium was recently listed by Fintechtris as one of the "Top U.S. Fintech Conferences of 2019." Specifically, Fintechtris states the following about the U.S. Fintech Symposium:
The U.S. Fintech Symposium "provides an educational agenda that places an emphasis on practical FinTech solutions. One of the U.S. FinTech Symposium's goals is to foster multidisciplinary conversations so attendees can gain a greater understanding of FinTech capabilities and challenges."
Thank you Fintechtris for featuring the U.S. Fintech Symposium!
TreaSolution is proud to announce that Foxit Software will be a Thought-Leadership sponsor for the 2019 U.S. Fintech Symposium. Foxit Software will be demonstrating their industry thought-leadership by delivering a sessions at this year's conference. Furthermore, Foxit Software representatives will be exhibiting at the event so attendees can learn more about their unique products and services.
About Foxit Software
Foxit is a leading software provider of fast, affordable, and secure PDF solutions. Foxit has over 525 million users and has sold to over 125,000 customers located in more than 200 countries. The company has offices all over the world, including locations in the USA, Asia, Europe, and Australia.
More great PR! The U.S. Fintech Symposium was recently listed by The Bizzabo Blog as one of "The 30 Biggest Fintech Conference of 2019." Specifically, Bizzabo states the following about the U.S. Fintech Symposium:
"The 2019 lineup of speakers includes professionals from Wells Fargo Bank, the Royal Bank of Canada, and more. They'll cover important topics like open and mobile banking, blockchain, and AI in the fintech industry. But the Symposium offers more than just educational speeches. Attendees will also have time to network and make career-boosting connections."
Thank you Bizzabo for featuring the U.S. Fintech Symposium!
Great news! The U.S. Fintech Symposium was recently listed by Collabera as one of the "Top 5 U.S. Fintech Conferences You Should Attend." Specifically, Collabera states the following about the U.S. Fintech Symposium:
"If you’re struggling on staying on top of the latest technology in the banking world, then this is a great conference to attend. Based around the developing fintech field, speakers will range from entrepreneurs to banking mainstays. Gain a greater understanding of the world of financial technology, as well as ways to tackle the problems of tomorrow with today’s resources."
Thank you Collabera for featuring the U.S. Fintech Symposium!
TreaSolution is proud to announce that Envestnet | Yodlee will be a Thought-Leadership sponsor for the 2019 U.S. Fintech Symposium. Envestnet | Yodlee will be demonstrating their industry thought-leadership by delivering two sessions at this year's conference. Furthermore, Envestnet | Yodlee representatives will be exhibiting at the event so attendees can learn more about their unique products and services.
About Envestnet | Yodlee
Envestnet | Yodlee is the leading data aggregation and data analytics platform powering dynamic, cloud-based innovation for digital financial services. There platform has fueled innovation for financial institutions (FIs) and fintech for over 19 years ultimately helping consumers get better lending rates, lower fees, higher returns, and more. They are the market leader in financial data aggregation, partnering with more than 1,100 financial institutions and fintech innovators, including 15 of the top 20 U.S. banks, enabling a massive data network associated with tens of millions of consumers who use platform-related personalized apps and services. Notably, 60% of the financial data is gathered via structured data feeds with financial institutions. The power of Envestnet | Yodlee and their unique point of difference begins with the massive scale of financial data within their platform which is utilized to fuel Envestnet | Yodlee’s Data Intelligence capabilities. Their unique point of difference also extends to Envestnet | Yodlee’s bank-level security, 50 issued patents, best-in-class data from over 20,000 sources, and their formal agreements with leading financial institutions for responsible and secure management and exchange of data.
TreaSolution is happy to announce our latest marketing partner for the 2019 U.S. Fintech Symposium: MassChallenge Fintech!
Launched in 2018, MassChallenge FinTech makes it easier for startups and established businesses, institutions, and organizations to drive innovation in financial services. MassChallenge FinTech matches enterprise-ready FinTech startups with industry leaders to accelerate the emerging products and services that have the power to transform the financial services ecosystem.
For more information about MassChallenge Fintech, please click here.
TreaSolution is proud to announce that BMC Software will be the Main Event Sponsor for the 2019 U.S. Fintech Symposium. BMC will be demonstrating their industry thought-leadership by delivering two sessions at this year's conference. Furthermore, BMC representatives will be exhibiting at the event so attendees can learn more about how their unique software and services are assisting clients worldwide.
About BMC Software
BMC helps customers run and reinvent their businesses with open, scalable, and modular solutions
to complex IT problems. Bringing both unmatched experience in optimization and limitless passion for innovation to technologies from mainframe to mobile to cloud and beyond, BMC helps more than 10,000 customers worldwide reinvent, grow, and build for the future success of their enterprises, including 92 of the Forbes Global 100.
A fun fact about BMC.... The company name was derived from it's three founders last names: Scott Boulette, John J. Moores & Dan Cloer.
We're thrilled to announce that Mike Toomey will be a lunchtime comedian during the Fintech Symposium!
A regular performer on WGN Morning News, Mike has appeared in concert with such names as George Carlin, Wayne Newton, Crosby, Stills & Nash, and Reba McIntyre. He has performed on numerous television programs including: HBO's U.S. Comedy Arts Festival; MTV's Half Hour Comedy Hour; and A&E's Comedy on the Road. With his sharp delivery, quick wit and unique style, Mike has been a favorite at comedy clubs and special events since 1982.
Mike grew up in Carol Stream, Illinois. He has volunteered with Cal's All Star Angels Foundation, an organization that grants wishes to kids fighting childhood cancer. Mike lives with his wife and four children in the Chicagoland area.
U.S. Fintech Symposium News
This is the U.S. Fintech Symposium new blog is were we will discuss the latest event and industry news.


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MUMBAI — Whether the fashion community was hit by a collective social conscience or by mere coincidence, each of the five days of Lakme Fashion Week here were focused as much on causes as they were on fashion.
Not that fashion was ignored during the shows, which were held from March 22 to 26. New York-based designer Naeem Khan made his first showing in India, making it a sort of homecoming. “Oh my god, the attention has been overwhelming,” he remarked, shortly before his show began.
Tarun Tahiliani made his way back to Lakme Fashion Week after a gap with an off-site show, giving the event a kick-start and a look into his current designs and drapes that have remained his signature.
Then there was the new management, led by Saket Dhankar, head of fashion at IMG Reliance, who measured and mapped the event carefully to win the difficult balances required of an event that has been taking some flak for not getting enough buyers but having a tremendous strength in drawing the media, celebrities and in creating new talent.
There was buzz in terms of silhouette and design, especially with the Saturday show by Naeem Khan. “This is my first showing in India and I’m excited and very nervous,” he told WWD.
Khan’s designs have been worn by celebrities such First Lady Michelle Obama, Beyoncé, Penelope Cruz, Eva Longoria, Lea Michele, Taylor Swift, Lady Gaga, Carrie Underwood, Florence Welch, Emily Blunt, and Queen Noor of Jordan.
“Celebrity dressing is very important to us,” he said.
Describing his silhouettes, he observed, “My clothes are classics, they appeal to an international woman. In India everyone is dressing like in New York and this applies everywhere else, there is a sense of international dressing across the world.”
He continues to expand his presence worldwide. “We have just opened in Brazil and now have stores in the Middle East, Indonesia, Japan, Taiwan, Singapore,” he said.
LFW had 87 designer runway shows, with a large number from Delhi and Mumbai — 20 designers from Delhi and 32 from Mumbai. Tarun Tahiliani, who kickstarted the event with his off-site show just before the main event began, showed again after a gap, citing a stronger retail growth and a reorganization to handle this growth better.
“Designers often work different roles at the same time, managing retail, design, growth, etc., and it is sometimes a challenge to balance all of these things,” Tahiliani said, adding that the fashion weeks helped in making these balances by offering a one-stop space from which the designer’s work could be viewed.
Designers often pushed social causes at their shows, often represented through the glamorous sieve of Bollywood celebrities — both in the front row and on the runway. An example was Vikram Phadnis’ show, in partnership with Swades, a nongovernmental organization that works for the empowerment of rural India. This brought together more than 40 Bollywood stars, sending photographers wild. Each set of the Bollywood celebrities walked the runway with a local hero from a village, all in shades of gold and rusts, all done in khadi.
“I am celebrating rural India through my line,” Phadnis said after the show.
There were other events calling on the collective conscience, such as an ode to the conservation of tigers, for which Bollywood actress Neha Dhupia walked the runway. And more than 40 designers participated with tiger-inspired garments. Three designers were also chosen as winners of a contest sponsored by telecom giant Aircel to create looks inspired by tiger conservation: Vaishali S, Sougat Paul and Arjun Khanna were each awarded 250,000 rupees, or $4,699.
There was concern for dogs, too, led by Bollywood actress Jacqueline Fernandez in support of adoption of street dogs, for PETA India.
Garnering the most attention, however, was the cause supporting local artisans and weavers, the need to support them and their continuing decline. The issue was discussed at a workshop and an entire day dedicated to Indian textiles. As designer Ritu Kumar said at the workshop, one of the challenges is to translate Indian textiles into modern fitted silhouettes. “This is where the future innovation comes in,” she said.
This innovation was apparent on the runway with designers showing simpler silhouettes. Creams, whites and monochromes ruled the day, as did neons. The embroidery was more discreet, and at other times, flamboyant in large florals, bird motifs and geometric patterns, but breaking from the more traditional patterns and styles of wedding outfits. Net and sheer fabrics recurred through the five days, in experimental plays with color blocking.
Prints were recurring themes as well. Krishna Mehta played with monochromes and a variety of print styles, working with each other in unexpected combinations of stripes and shapes. “It’s been a medley of prints coming together. My textures are so strong, my textiles are so strong I don’t try to mess too much with silhouettes. For me, it is the fabric that is the core,” she said.
Many of the buyers were from the fast-growing local market.
“It’s all eyes on the Indian market,” said designer Swapnil Shinde, whose show had neon shades and strong silhouettes. “Season after season people ask me who buys this, does it sell? And I say I would be a fool if I were doing it again and again if it wasn’t selling. I think we underestimate our woman, not just in the metropolitan cities but from the smaller cities as well.”
Masaba Gupta, who has established her own niche with her prints — often of cow prints on jackets — said she had gone a step further, to try and break the mold, with her collection based on the widows of Banaras, another strong social theme from Indian society. She wears two hats: one as an independent designer, the other as creative director at Satya Paul.
Designers are watching developments at LFW carefully as the change of management in the last few months has led to speculation and predictions about its future. Saket Dhankar, who succeeded Anjana Sharma as head of fashion at IMG Reliance, said LFW will “continue to evolve” but in the meantime will keep many of its signature concepts, such as a focus on Indian textiles and the Talent Box, where young designers hold runway shows in a separate area.
“As thought leaders in Indian fashion and trade, our endeavor is to strengthen LFW as a platform every season,” Dhankar explained, adding that he was “especially excited to have had Indian-born, international designer Naeem Khan’s first-ever show in India, which demonstrates our efforts to integrate India and build its reputation as a fashion destination globally.”
Purnima Lamba, head of innovations at Lakme (the beauty brand from Hindustan Unilver) who is partner at the event, had a clear perspective on the new management: “The relationship between Lakme and IMG has been very collaborative and Saket coming on board has not caused fear. Overall, we haven’t seen the kind of buzz we saw at this event in a long time. It’s been very positive in terms of the quality of designers, buyers, its all been very positive,” she said.
As one of the most recognizable models in the world, Christy Turlington Burns has an insider’s view of the fashion industry and the allegations of sexual harassment swirling around it. “I can say that harassment and mistreatment have always been widely known and tolerated in the industry. The industry is surrounded by predators who thrive on the constant rejection and loneliness so many of us have experiences at some point in our careers,” Turlington told WWD, along with her suggestions for how the modeling world should protect younger women and men. Read more on WWD.com. Link in bio. (📷: Tony Palmieri) #wwdnews
@asics America has tapped a new brand ambassador: famed DJ/record producer @steveaoki. This initiative is intended to set the tone for the new brand identity and philosophy and will include partnerships with influencers and in-store and off-line activations that will continue into next year. This is Asics’ most significant marketing effort in two decades, and is expected to attract younger consumers to the brand. #wwdfashion
24-year-old Jean Prounis is redefining the rules of jewelry. Formerly a studio assistant to Jemima Kirke and a design apprentice at Ghuran, she focuses on handcrafted subtleties and ancient goldsmithing techniques. “There was a really sterile feel in the environment and I wanted to have jewelry with character that shapes how you wear it everyday,” Prounis said. Each piece is hand made in New York, either by Prounis or three other jewelers in the district. #wwdfashion
“These collections continue to build on that vision, empowering differently abled adults to express themselves through fashion,” said @tommyhilfiger of his line of adaptive apparel, which launches today. The line consists of 37 men’s and 34 women’s styles based upon the pieces from the spring Tommy Hilfiger sportswear collection. #wwdnews
“Stranger Things” is getting a new cast member for season 2. Meet @sadiesink_, the 15-year-old who will be joining the Netflix series for its new season. You may recognize her from “The Glass Castle” with Brie Larson and Woody Harrelson, but the Texas native’s next role goes in an entirely different direction. She describes her character, Max, as “a rough and tumble skater girl [who] becomes friends with the boys at school.” The second season debuts on October 27. (📷: @jgreenery) #wwdeye
Amid the Harvey Weinstein controversy, there’s another sector that’s being put under the spotlight for sexual abuse: the modeling industry. While rumors about abuse and sexual harassment of female and male models — and the photographers, agents and others who perpetrated it — have circulated within the fashion world for years, model @cameronrussell started posting stories from models on Instagram last week about abusive situations they’ve encountered — from sexual harassment and molestation to attempted rape. Over 75 have weighed in so far. Read more on WWD.com. Link in bio. #wwdnews
To celebrate its 16th anniversary, @dylanscandybar tapped designers and celebrities to create mosaics out of candy. The mosaics will be auctioned off to support the philanthropic cause of each participant’s choice. Pictured here is the mural created by @aliceandolivia's Stacey Bendet. For a first look at some of the other artwork being unveiled tonight, go to WWD.com. #wwdeye
The annual Veuve Clicquot Polo Classic in Pacific Palisades this weekend drew Kate Hudson, Tracee Ellis Ross, Laura Dern and more. See pictures of the star-studded event on WWD.com. (📷: @chelsealaurenla) #wwdeye
In his new book “Hollywood Royale,” Andy Warhol’s Protégé Matthew Rolston celebrates the Eighties revival of Hollywood glamour. Featuring more than 100 portraits taken by Rolston from 1977 to 1993, the book contains photos of icons like Michael Jackson, Cyndi Lauper, and @drewbarrymore, pictured here in 1991. “Hollywood Royale,” out today, will be accompanied by an exhibition opening at Los Angeles’ Fahey/Klein Gallery on March 1. #wwdeye


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Tuesday, October 12, 1999 Published at 12:37 GMT 13:37 UK
Farmers to keep pressure on France
Farmers say protests will spread unless France ends the beef ban
British farmers who blockaded French imports at Plymouth docks on Monday have promised to repeat the protest until France lifts its ban on British beef.
Afterwards the chairman of the Devon branch of the National Farmers' Union (NFU), Richard Haddock, warned they would expand the demonstrations.
The NFU promised mass demonstrations at ports around the UK if France did not lift its ban on British beef at a meeting of European scientists in Brussels on Thursday.
But France's safety agency decided earlier this month that British beef was not safe and suspended imports unilaterally.
Last week the agency agreed to allow British beef to be transported through France to third countries.
The UK Government remains adamant Paris lifts the ban and last week Agriculture Minister Nick Brown began a personal boycott of French produce in protest.
The fact that eight lorries decided not to make the trip was a victory for public pressure on this side of the channel, he said.
The two lorries which did make the trip contained only salt water and were due to carry live British shellfish back to France.
Typical of the protesters was Cornish farmer, Alison Talling, who said: "I've never demonstrated against anything in my life, but sometimes you just have to make a stand."
The European Commission could take legal action if France persists with the ban first imposed across the European Union more than three years ago.
EU officials are currently studying a French report, which is claimed to contain new evidence that British beef still poses health problems.
The UK acknowledged 1,534 cattle infected with BSE in the first nine months of 1999, compared with 21 "mad cows" officially registered in France.
Germany has delayed a decision to resume imports but meat industry leaders are targeting the Anuga food fair, the largest of its kind in the world, to help them get UK beef back on sale.
Lamb and pork - both of which are successfully exported to France and Germany - will be on the British Meat stand at the fair, but there will only be pictures of British beef.
British beef could have been displayed, but only under a stringent set of rules, the application of which might have proved a marketing disaster.


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Dominican Republic vehicles market falls due to the global pandemic affecting sales. Indeed, Full Year 2020 sales have been 13.318, down 36.6% compared to 2019. Hyundai leads the market, while the top 3 brands lose market share.
The economy contracted 7.2% in Q3 according to preliminary data, much milder than Q2’s 16.9% collapse. The softer drop was likely due to an incipient recovery in tourism following the reopening of borders in July.
Moreover, remittances surged in the quarter as the U.S. labor market recovered, which should have buttressed private consumption. However, the economic panorama was still downbeat: The hotels, bars, and restaurant subsector fell, as visitor arrivals were still down sharply year-on-year, while the retail and transport sectors also declined. Turning to Q4, momentum should be improving, with visitor arrivals likely up from Q3.
However, the extension of the curfew in mid-October will continue weighing on domestic activity, while Haiti’s decision to impose a USD 800 fee on the Dominican Republic’s exports will hurt the external sector—Haiti is the country’s second most important trading partner.
The Dominican Republic vehicle market has been affected in 2020 by the global COVID-19 pandemic, which impacted sales significantly.
The new vehicle market had reported a strong increase in 2016 when the new all-time record was established at 24.396 units. In 2017 sales declined back at 21.425 units (-16%) and were more in line with the average volume in this decade. In 2018, registrations reported a shy recovery. Indeed, the year ended with sales at 21.300, up just 1.3%.
However, in 2019 the market went back on a negative track. Indeed, Year to Date November sales have been 19.288, projecting the full year to 20.996, down 1.5%.
Full-Year sales for 2020 have been 13.318, reporting a 36.6% decrease compared to 2019.
Brand-wise, this year the leader Hyundai (-38.8%) lost 0.8% market share, followed by Kia (-37.3%), which lost 0.2% share. Toyota (-39.1%) was in the third position and lost 0.6% market share.
The most sold model in the country is the Hyundai Tucson with 1.485 sales (-39.6%), holding 11.2% market share.


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Microsoft Reports Revenue Growth in FY 2019 Despite Azure’s Decline
Microsoft released on Thursday, July 18, its quarterly report for the fiscal year 2019 with the earnings much higher than experts expected.
The company’s revenue was $33.72 billion, in comparison to $32.77 billion mentioned by Refinitiv analysts. Therefore, in Q4 of Microsoft’s 2019 fiscal year the revenue gained 12% in the fourth quarter of Microsoft’s 2019 fiscal year.
Microsoft stock was slightly on the rise following the report, with shares trading at $1.37. The shares gained 34% for the year. As a result, in April Microsoft’s market capitalization reached $1 trillion for the first time in the company’s history.
The revenue was not affected by the performance of Microsoft’s cloud business including Azure project. According to data provided by Reuters, Azure’s growth has gradually decreased in the past six quarters. In Q4 revenue from the cloud service gained 64%, in comparison to 73% last quarter.
Azure’s key competitor in cloud services is Amazon Web Services. The latter dominates the market with a 32.8% market share, while Microsoft is in second place with 14.6% and Google in the third with 9.9%.
FURTHER READING: How to trade smart with Currency.com via TabTrader
FURTHER READING: Supreme Court of India postpones its cryptocurrency ban hearing
FURTHER READING: How to invest in electric vehicles and batteries


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Miley Cyrus may have had some bad health luck recently, but her good fortune grows when it comes to album sales.
RELATED PICS: Most Memorable Stage Styles
The former Disney star's most recent album release Bangerz has just reached the one million milestone in sale, according to the audience and sales tracking system Nielson SoundScan and Billboard.
Bangerz, Cyrus' first record with RCA, was released October 8, 2013 and has sold 1.003 million records in that time.
RELATED: Miley Cyrus Sick Again, Postpones More Concerts
The album debuted in the top spot on the Billboard 200 Albums Chart, selling 270,000 copies in its first week.
Bangerz is the 21-year-old's fifth No. 1 album and even in its 29th week of release is still No. 42 on the Billboard 200.
The album also gave Cyrus her first No. 1 single with Wrecking Ball securing the top spot on the Billboard Hot 100 after the release of the song's music video, in which a nude Cyrus rides and gyrates on top of an actual wrecking ball.
RELATED: Miley's Wrecking Ball Video Breaks VEVO Record
Despite the success of Bangerz, Cyrus' biggest selling album is the first soundtrack released for the Disney Channel show Hannah Montana. The soundtrack was debuted in 2006 and has since sold over 3.7 million copies.
However, Bangerz is easily on track and paced to dethrone that record as Cyrus' best seller.


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White Castle expands its use of robots. McDonald’s plans to explore the metaverse. Wow Bao comes to Canada. A California law looks to give fast-food workers more power. These stories and more This Week in Foodservice.
The California legislature passed a bill that has the stated intent of giving fast-food workers more power, but the new law may have important implications for the entire foodservice industry. Called the Fast Food and Accountability and Standards Recovery Act (also known as the FAST Recovery Act) this piece of legislation establishes fast-food franchisors as joint employers of the employees at fast-food restaurants along with franchisee owners and managers. For decades, the accepted principle was that franchisors bore no responsibility for managing the franchisees’ staff. While the idea made sense to some, unions have always hated it because this approach makes unionizing a company extremely difficult since it required the union to go franchisee by franchisee with its organizing efforts.
The new law, which applies to fast-food chains with 30 locations nationally, will create an 11-person board in charge of state standards for fast-food restaurants across a variety of areas such as wages, safety and more. Some major criticisms of the legislation were Democrats who believed it usurped the power of the California Assembly by having an appointed board setting rules and regulations rather than people in elective office. The law was changed before final passage to allow the assembly to override the board’s decisions, but critics of the legislation think that is unlikely to happen.
Some have questioned what the legality of the law is since only applies to the fast-food sector. Legal or not it is a safe bet there will be battles over what is fast food and what is not. There are also those that this could cause some companies to end franchising,
Economic News This Week
- Initial-jobless claims totaled 223,000, a decline of 16,000 for the week ending Feb. 5, 2022, per data from the U.S. Department of Labor. The 4-week moving average declined by 2,000 claims for a total of 253,000.
- Inflation reached a 40-year high in January as the Consumer Price Index increased 0.6% for the month, per the U.S. Bureau of Labor Statistics. For the 12-months ending in January 2022, the index increased 7.5%. Without food and energy prices, the index is up 6:0% over the past 12 months.
- Industrial production declined 0.1 % in December, per the U.S. Federal Reserve. The manufacturing sector fell by 0.3%, while utilities production dropped 1.5%. These declines were mostly offset by a 2.0% increase in mining production. For the entire fourth quarter of 2021 total production rose 4.0% on an annual basis. Capacity utilization for the industrial sector edged down 0.1% in December for a reading of 76.5%. That rate is 3.1% less than its long-run (1972-2020) average.
- Consumer borrowing increased by 5.1% in December, per the U.S. Federal Reserve. Revolving credit, primarily credit card debt, rose 2.4% and non-revolving credit, such as auto loans, student loans, etc., increased by 6.0%.
- Consumer sentiment continued to slide in February, per data from the University of Michigan. The February preliminary reading of the University of Michigan’s Index of Consumer Sentiment declined 8.2% from January. Overall, the index declined 19.7% from February of 2021. With a reading of 61.7, the index has reached its lowest point in a decade. The Current Economic Conditions Index declined to 68.5 in February from 72.0 in January. The Index of Consumer Expectations dipped to 57.4 in February from 64.1 in the previous month. Inflation was a key factor in fueling these declines, per a university spokesperson, who also projects a “sustained downturn in consumer spending.”
Foodservice News This Week
- Food prices increased 0.9% in January, per the U.S. Bureau of Labor Statistics’ Consumer Price Index. For the 12-month period ending in January food prices increased 7.0%. Food-at-home prices increased 1.0% for the month and 7.4% in the last 12 months. Food-away-from-home prices rose 7.0% for the month and 6.4% in the last 12 months. Historically food prices at home rise slower than in foodservice operations.
- White Castle will expand its use of robots at the chain’s fry station to 100 more restaurants, per a published report. In a filing with the Securities and Exchange Commission, the manufacturer of the robots claims these units will not replace jobs and can lead to new positions such as “chef techs.” White Castle began experimenting with these robots in 2020.
- McDonald’s is preparing to open a restaurant in the metaverse. The burger giant filed at least 12 applications with the U.S. Patent & Trademark Office for “virtual food and beverage products,” “operating a virtual restaurant” and other online goods and services that point to the increasingly buzzy virtual reality, per Crain’s Chicago Business. McD’s may tie its virtual restaurant to home delivery of actual food, several of the applications indicate. Not sure what the metaverse is? Well, Wired offers a great overview of the metaverse and more. The short of it is the metaverse is a virtual reality platform where people can enter via their VR headsets and interact in a digital world through their avatars, spending money on outfits or food for their digital selves.
- Wow Bao is now available in Canada thanks to a deal with Ghost Kitchen Brands. The restaurant chain’s bao and bowls are available via third-party delivery platforms including SKIP, UberEats and DoorDash via eight Ghost Kitchen locations in Ontario and in some Walmart stores. Ghost Kitchen Brands will extend Wow Bao to other Canadian locations, with more planned in Alberta, by the end of the first quarter.
- It’s time for some breakfast-based chains to rise and shine, so to speak. Chains with less than 50 units that seem poised for growth include Grumpy’s (4 units), Hash Kitchen (25 units), Turning Point (21 units), Huckleberry (15 units), The Toasted Yolk (19 units) and Flip’d (2 units).
- FAT Brands completed the purchase of Native Grill & Wings. FAT Brands paid $20 million for the 23-unit chain to Cybeck Capital Partners, the previous owners. This is Fat Brands third wing chain.
- Growth Chains. Chipotle Mexican Grill opened 215 locations last year and expects to open 225 to 250 more in 2022. Little Caesar’s expansion plans include adding units in Denver, Minneapolis and New York City as well as New England and the Pacific Northwest. Outside of the U.S., the pizza chain will target such markets as Brazil, France, Malaysia, Netherlands, Philippines, and United Arab Emirates. Chicago-based Portillo’s set a goal of growing to more than 600 units in the future. The chain currently has 67 restaurants systemwide and is raising capital to meet its goals.
- Comparable Store Sales Reports: YUM! Brands (KFC up 4.0%, Pizza Hut up 1.0%, Taco Bell up 8.0% and Habit Burger up 11%) and YUM! China (China system-wide down 3%; individual brands KFC down 3.0% and Pizza Hut down 2.0%)
For comparable store sales of other chains, please click here for the latest Green Sheet.


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Consumer goods giant Unilever is considering selling a portion of its US ice cream portfolio that could be valued at as much as $3 billion, according to Bloomberg News.
The report, which cites people familiar with the matter, says that the company is weighing the future of brands including Klondike and Breyers, while international labels Magnum and Ben & Jerry’s are not part of the review.
In an interview with American news channel CNBC, Unilever CEO Alan Jope said he would not comment on the rumours.
However, Jope added that the company was taking decisive action on slow growth parts of its portfolio.
The review is still ongoing, according to Bloomberg News’s sources, and Unilever may decide against selling the brands.
© FoodBev Media Ltd 2023


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The bride wanted a rustic aesthetic.
The mother of the bride wanted the wedding in a church.
Sean Strelec, who runs VIP Weddings and Events with his wife, Sanya, realized he had the answer. It came to him—like some answers to prayer do—on the internet. There was a Craigslist ad from a Northern California church that was moving. The congregation had to get rid of its 125-year-old pews.
“I ended up buying the entire lot,” Strelec said. “Loaded them up and brought them down to Orange County.”
Strelec moved the pews to an outdoor venue and arranged them in rows for the ceremony, giving the wedding a vintage feel with just a touch of religiousness. Both the bride and her mother were pleased. And Strelec discovered a new service he could offer as part of his wedding venue business.
Today, he and his wife rent pews to seat up to 180 wedding guests.
“For the Avant-garde couple with the family that revels in tradition,” the company website says, “there is no better option for ceremony seating than vintage church pews.”
From California to Colorado, New York to North Carolina, and many points in between, wedding vendors are offering pews for rent.
“Having our authentic church pews creates an elegant foundation that sets the scene for the whole day,” one company promises. “The guests will be pleasantly surprised by the beauty and thoughtfulness that our pews bring to the ceremony.”
Nearly 2.5 million weddings will take place in America in 2022, according to industry estimates. Most will not be held in churches. As recently as 2009, more than 40 percent of weddings were held in churches, but today houses of worship don’t even rank in the top three preferred ...1
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The Jeep Renegade arrived in 2014 and will receive a facelift next year. Jeep has readied prototypes of the 2019 Jeep Renegade for testing, spy shots published by motor.es have revealed.
Jeep has revealed the 2019 Jeep Cherokee ahead of its NAIAS 2018 debut in January next year. The facelifted Jeep Cherokee features a slew of styling changes and other updates.
The Jeep Grand Commander (name TBC) has reappeared in spy images from China, courtesy BitAuto. The Jeep 7-seat SUV is currently undergoing testing in China and the USA.
FCA India has announced that it will be increasing the prices of the Jeep Compass January 2018 onwards. The increment in prices will range from 2-4% depending on the variant. However, the price of the..
The Jeep 7-seat SUV was spied testing on in the USA in October this year. Now, it has reached China for road testing, spy shots published by autohome.com.cn have revealed.
FCA has confirmed that a sub-4 m Jeep Compact SUV for the Indian market is under development. The information was revealed via a Tweet by Autocar India. Jeep's upcoming compact SUV will rival the..
FCA India has issued a release stating that it intends to recall 1,200 units of the Jeep Compass to address a potential issue with the passenger side airbag. More than 7,000 units of the Jeep Compass..
The Jeep Compass Trailhawk is on display at the 2017 Dubai Motor Show. Trailhawk is one of the four grades available for the second-gen Jeep Compass. The Jeep Compass Trailhawk, as its name..
Along with the off-road focused Jeep Compass Trailhawk, Jeep is displaying the sporty Jeep Grand Cherokee Trackhawk at the 2017 Dubai Motor Show. The high-performance SUV debuted at the 2017 New York..
A sighting of a Jeep Renegade test mule on Indian roads is not a rare occurrence. Spy pictures have been doing the rounds since January 2016. However, the latest image shared by The Automotive India..
FCA revealed the 2018 Jeep Wrangler earlier this week. Yesterday, Jeep's U.S. website accidentally leaked the 2018 Jeep Wrangler Unlimited's starting price as $30,445 (INR 19,66,999.69). Also, the..
FCA has revealed the 2018 Jeep Wrangler’s first images. The all-new Jeep Wrangler will have its world debut at the 2017 LA Auto Show on 29 November, 2017. ] Th
Latest spy pictures of the 2019 Jeep Cherokee published by Auto Blog reveal significant changes to the fascia. The facelift gets a more conventional headlamp setup accompanied by minor updates to the..
At its launch in July, the Jeep Compass was available only in the diesel engine model. The Jeep Compass petrol’s production commenced last month, and Jeep confirmed that the variant would be ready..
Spy pictures of a Jeep Compass with a 1.6 L Multijet diesel engine have been shared on Team-BHP. FCA currently offers the Compass with a 2.0 L Diesel engine in India.
Replying to a Team-BHP member's e-mail, FCA India President and Managing Director Kevin Flynn has confirmed that the Jeep Compass Petrol Automatic is now in production at the Ranjangaon plant. ed
Coimbatore based KitUp automotive has revealed a modified Jeep Compass with subtle exterior changes. ] Fi


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NEW DELHI: The Archaeological Survey of India (ASI), an organisation under the Ministry of Culture for archaeological researches and protection of cultural heritage has inked a Memorandum of Understating (MoU) with Yatra.com and BookMyShow.
This MoU is aimed at enabling overseas and domestic tourists and visitors to book their tickets online for 141 historical monuments, museums and sites in India, such as Taj Mahal, Qutub Minar, Ajanta and Ellora caves, Red Fort, Sun Temple, which fall under the purview of ASI.
The move, aimed at supporting Government of India’s ‘Digital India’ initiative, will facilitate digitization of ASI’s service offerings. Yatra said the online booking services come at no additional cost to a customer.
Dhiresh Sharma, chief business officer, activities at Yatra, said: “India has an extraordinary and diverse pool of cultural and built heritage and footfalls to such destinations are astounding.
Therefore, we want to provide a high quality visitor experience which will empower the visitors (both Indian and International tourists) to book their tickets to these monuments online. In addition to providing online booking services, Yatra will be extending its platform for promoting cultural heritage and featuring all the essential information that a visitor needs to plan their sight-seeing: connectivity and access; opening and closing timings and facilities available along with write-ups on the monuments
Source: The Economic Times
Read more here


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LOUISVILLE, Ky.—Higher speed limits: Truckers love 'em; tires don't. That's because higher speed limits mean higher running temperatures, greater impact damage and more rapid treadwear.
It also means potential underinflation and, if you follow the old Tire & Rim Association guidelines, potential overloading.
The effects of higher speed limits on tires—and the corresponding effects on retreaders and commercial tire dealers—was the topic of a panel discussion during the recent International Tire and Rubber Association conference.
Members of the panel included: Len Hollinger, of Bridgestone/ Firestone Inc.'s engineering department; Jack McCammond, Michelin North America's manager of truck engineering support; Al Cohn, Goodyear's marketing manager for commercial tires; and Jim Osborne, Oliver Tire & Rubber Co.'s vice president of technology and development.
Each worked together to present an industry position that, for the most part, stated: Today's tires are capable of running at sustained speeds of 75 mph, as some states have allowed.
So speed limits went up and, all of a sudden, the tires carrying these trucks are capable of higher speeds as well? Sure, Goodyear's Mr. Cohn said.
``We have to build a safety factor into each tire,'' he explained. ``You can't make a tire that's fine at 55 mph, but blows up at 56 (mph).''
Although the bottom line is that dealers should consult their manufacturers' tire data books, the panel detailed the three tire maker's revised positions on load ratings at higher speeds:
All Bridgestone/Firestone line haul truck tires are capable of 75 mph sustained speed without load reductions or pressure increases. In addition, the company has issued a bulletin identifying which other truck tires are capable of sustained 75 mph speeds;
All Goodyear line haul truck tires also are capable of running at 75 mph without load restrictions or pressure increases, but all other tires must follow the Tire & Rim table;
Most Michelin line haul truck tires are capable of 75 mph sustained speed without load restrictions or pressure increases. Some tires, however, will require a 10 psi pressure increase. The information is being added to the company's truck tire data book.
Still, just because the tires are safe at 75 mph, does not mean that speed is an optimal—or even desirable—operating condition, according to the manufacturer representatives.
A tire running 20 mph faster than 55 mph decreases its tire mileage 15 to 30 percent and increases its operating temperature 25 to 35 degrees. Additional speed also lengthens the tire's centerline, which can cause cupping and faster wear and reduces the tire's resistance to sidewall snags and tread punctures.
Higher operating speeds also pose problems in the retreading process, according to Oliver's Mr. Osborne, who said he suspects retreaders will begin to see higher incidence of ply separations, more sidewall splits, tread chunking and chipping, and rib/punch/depression wear.
The potential for more problems makes the inspection process of even greater importance, Mr. Osborne said.
Retreaders, however, have a unique opportunity to offer their customers a value-added service, he said, by being able to take steps that potentially could make the retreads last longer by radiating their heat more quickly:
Make sure the maximum rubber over the belts is 2/32 of an inch;
Use a slightly rounder buffing radius;
Use lighter tread designs if possible;
Keep undertread to a minimum;
Use rib designs when possible; and
Try to help customers understand the downside of higher speeds.


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July, 2020: In such difficult times of COVID-19, IT channel market of India has been suffering a lot since a couple of months. Evaluating the situation of North and Central India distribution channel market has grown drastically. Partners have been working harder than ever and keeping proper margins along with timely payments to all. Gurpreet Singh Jagdev is Vice-President of PACT and member of PACT core committee of FAIITA.
In an e-conversation with Gurpeet Singh from Neltine he said “Though it is not possible for any industry to escape from COVID-19 influence, IT fraternity is fortunate to be able to stay afloat with increase in demand in Work/Study from Home requirements, and may have overcome some of the losses suffered during the lockdown. But nevertheless, we all stay worried due to vulnerability and exposure to the pandemic to us and our staff while dealing with customers in solution visits or retail.”
C&C: How do you see the IT market if COVID stays for a While? Do you think the market may change after the Pandemic ends, if yes How?
Gurpreet Singh: Being an industry on need based solutions, actually IT dealers are now suffering due to shortage of IT products. We, as a leading distributor in Ludhiana do struggle to keep the demand of our dealer partners (including for their and our retail stores) fulfilled right now. The material is struggling to move from dispatch hubs that are in contaminated zones are further impacted by material liquidating in those big cities itself before it could reach Punjab or Chandigarh. However, as per indication, delivery situation is expected to get better by 15 August, as some material is lined up.
The new innovations like SSDs in PC & Laptops and huge demand for online meetings and school classes has positively boosted the trade as high proportion of businesses to supply has understandably moved to CDC instead of traditional PDC credit business that perhaps is the best thing to happen as fly by night operators vanish, leaving the solution, retail and distribution business open to genuine dealers only, and we all value that more than anything else.
As regards, the future of IT market if COVID stays, I personally pray and believe Covid to end by September, or subside, partners need to take all precautions, stay active and keep up the ante till then as the demand doesn’t seem to come down till Diwali & even beyond.
The Pandemic has and will change the market surely, IT partners will be busy in times to come, and those who will have working capital to buy & stock to sell, will prosper.
Before I end, I wish my friends and brothers in Industry a safe passage out from these Covid times and know they will work will vigil to cater to the demand with necessary precautions at their premises or during onsite engineer visits, and scale new heights.


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Bright Path Laboratories Develops New Way to Produce Active Pharmaceutical Ingredients
Bright Path Laboratories says it has found a better way to produce active pharmaceutical ingredients – those chemical components that make medicines work the way they’re supposed to.
The 3-year-old startup contract manufacturer – with offices in both Charlotte and Santa Fe, N.M. – recently got a strong show of support from The U.S. Food and Drug Administration for its patented spinning-tube-in-tube (STT) continuous-flow reactor.
The agency accepted the system, the only one of its kind that manufactures active pharmaceutical ingredients (APIs), into the FDA’s Emerging Technology Program. That program promotes innovative approaches to pharmaceutical product design and manufacturing.
“We are thrilled that our technology was so well received by the Emerging Technology team, as well as their willingness to support our efforts to bring this innovative and exciting technology online as quickly as possible,” said Charles Gray Jr., Ph.D., BPL’s head of regulatory affairs.
The company plans to establish several micro-manufacturing sites in North Carolina soon to help commercialize the STT flow reactor process. It says it will also locate an API development lab in Santa Fe.
Efficient, less expensive, and environmentally sound to boot
The STT continuous-flow system can produce APIs much faster and at a lower cost than traditional pharmaceutical batch processing, according to BPL. The company says STT also is more flexible and environmentally friendly. The company hopes the technology will help bring back to the United States some of the API manufacturing that has moved to lower-cost countries.
An estimated 80% of APIs used domestically are now made outside the U.S., primarily in China and India. The current coronavirus pandemic has heightened supply, security, and health concerns over the U.S. dependence on foreign sourcing.
“The coronavirus outbreak has highlighted the vulnerability of our country’s supply chain,” said John Allen, BPL’s chief commercial officer. He believesthe STT continuous-flow reactor can help change that paradigm by making the API production process faster, less labor intensive and more efficient.
SST works by mixing components continuously into a tube that is spinning at 5,000 revolutions a minute. This causes a series of rapid “telescoping” chemical reactions that produce APIs. The process can be routinely monitored, and quality problems are corrected in real time. That improves quality and reduces waste, which saves money and lowers the impact on the environment.
The SST technology also uses equipment that is only about one-tenth the size of batch manufacturing systems. That means the SST approach requires smaller amounts of solvents and less energy – two more environmental pluses. Production can be ramped up or scaled down by varying reactor run times to meet demand.
Batch processing – the way most APIs are currently produced – is a half-century-old technology that is far more cumbersome. It manufactures product through a series of lengthy steps, using large vats that are cleaned after every chemical process.
When quality control problems arise, the entire contents of a 6,000-gallon vat are often discarded. That can be a significant burden to the bottom line. Some estimates place pharmaceutical manufacturing waste at a staggering $50 billion a year in lost revenue.
“The progressive advancements of Bright Path Laboratories’ technology carry the potential to transform pharmaceutical manufacturing across North Carolina and beyond,” said Corie Curtis, executive director of the North Carolina Biotechnology Center’s Greater Charlotte Office. “We are proud to have BPL company representatives actively working in this region to accelerate timelines for this next-generation U.S.-based API manufacturing breakthrough.”
Gearing up to both use and license the technology
The STT continuous-flow reactor technology isn’t the answer to every pharmaceutical manufacturing challenge. But it could offer tremendous promise in the production of active pharmaceutical ingredients. BPL is gearing up to make an impact, both as an API contract manufacturer and as a licensor of its technology through joint ventures with other pharmaceutical and biopharmaceutical businesses and contract manufacturing organizations.
“As a younger company, we are not burdened with older facilities or equipment,” said BPL CEO Tony Quinones. “This means we are better positioned than traditional batch technology to help put cutting-edge small-molecule therapies into the hands of patients more rapidly and cost effectively.”
BPL was founded in 2017 with the goal of becoming a leader in manufacturing active pharmaceutical ingredients. Its mission is to use technology to help solve real-world problems, including the affordability of medicines and access to treatments for rare diseases.


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Recent Scranton News
- Police: Scranton man showered with 6-year-old
- Beer distributor with deep Minooka roots sold
- RODERICK RANDOM: Notarianni lonely on potato pancake circuit
- Pavilion at Montage Montain has highest turnout of concert season on Friday
- 50 Years Ago - Glynn Lunney honored at banquet in Old Forge
- Scranton church owned by Bolus vandalized, ransacked
- Parties to choose Scranton mayor candidates
An auction for the foreclosed and still struggling Mall at Steamtown was postponed three weeks to give potential bidders more time to prepare bids, an agent involved in the upcoming online auction said.
The failure of retired department store chain owner Al Boscov’s past partnership to pay off the loan that led to the foreclosure does not disqualify him from bidding or being part of a bid, said Lynn DeMarco, contact agent for t he Shopping Center Group LLC of New York City, which is facilitating the auction along with auction.com.
“This is an open auction, so anybody can bid,” Ms. DeMarco said Tuesday.
The auction, originally scheduled for Monday through today, was postponed to June 22 to 24. Bidding requires proof that bidders are viable and can come up with the money to fulfill their bids. Bidders will submit bids through the auction.com website in a fashion similar to an eBay auction. Bidders can see the highest bid as the auction unfolds. When the deadline for bids passes, the high bidder gets the mall, assuming the bidder has the money, Ms. DeMarco said.
“We’re planning to bid, we don’t know who else is going to bid,” Mr. Boscov said Tuesday. Ms. DeMarco declined to discuss the number of prospective bidders.
Boscov’s department store will remain in the mall regardless of who owns it, said Mr. Boscov, who recently retired as chief executive, turning the department store chain reins over to his nephew. Mr. Boscov retained his title of chairman and remains active in the company.
Mr. Boscov said he has had no contact with LNR Partners of Miami, Florida, the mall’s current owner, about buying the mall and believes the firm is interested in proceeding to the auction at this point. He did not know, he said, why the starting bid for the mall was dropped to $700,000 from the original $1 million.
Ms. DeMarco said she did not know either because she does not control that part of the process, but said the delay in the auction had nothing to do with a recent financial downgrade of the pool of loans that includes the defaulted mall loan.
Efforts to reach a lawyer for LNR were unsuccessful Tuesday.
LNR controls the mall through a partnership that controls a real estate mortgage trust whose loan portfolio includes the $41 million loan by an earlier real estate investment company to Steamtown Mall Partners in 2003. Steamtown Mall Partners is the partnership that includes Mr. Boscov and owned the mall before the foreclosure. The loan was part of a larger refinancing back then of the mall’s debt.
The LNR-controlled partnership foreclosed on the mall in March 2014, after Steamtown Mall Partners could not make a $40.6 million payment on the loan, which was supposed to be paid in full by July 2013.
Fitch Ratings, an agency that rates the financial worthiness of bonds, securities, trusts and other investments, recently downgraded the certificates issued to buyers of a pool of loans that includes Steamtown Mall Partners’ defaulted loan. The downgrade moved the certificates to Fitch’s BBsf rating with a negative outlook from BBBsf with a negative outlook.
A BBsf rating means an investment is considered speculative, which carries a greater chance of default of repayment, especially in business or economic downturns. A BBBsf rating means a “good credit quality” investment with expectations of a default of repayment still low and the ability to pay off adequate, but more sensitive to business or economic downturns than higher-rated investments.
The mall loan makes up 64.1 percent of the pool of loans, the largest of three loans remaining in the pool, according to Fitch. The downgrade is connected to the continued loss of tenants over the last several years and the defaulted Steamtown Mall Partners loan. In the last few weeks, the FYE music and DVD store and The Body Shop, a massage spa, closed.
The 558,816-square-foot mall, completed in 1993, sits on 14.2 acres that stretch along three blocks of Lackawanna Avenue in the city’s downtown. As of late April, the mall was 60.1 percent occupied, according to auction.com. Boscov’s makes up much of that occupied space and the store remains one of the top performers in the 43-store chain, Mr. Boscov said. He estimated Boscov’s pays $640,000 a year in rent in the mall.
Mr. Boscov said he also plans to continue to pursue a $10 million state grant to help renovate the mall’s parking garage, an amount he would have to match. He acknowledged he has no chance of getting the grant if he does not own the mall.
Contact the writer: firstname.lastname@example.org


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Google Names New Android Software 'Nougat'Google is serving a new morsel for fans of its Android software. The next version has been dubbed 'Nougat,' extending Google's tradition of nicknaming each overhaul after a sweet food.
Google Calendar Outage Leaves Users FrustratedGoogle says it expects to have Google Calendar up and running normally following widespread reports of an outage.
Can Google Glass Help Kids With Autism Read Faces?Like many autistic children, Julian Brown has trouble reading emotions in people's faces. But now ,the 10-year-old boy is getting help from facial recognition software that runs on Google Glass.
Dallas Could Be Getting Google High-Speed Internet ServiceOfficials with Google Fiber on Tuesday announced they're exploring the possibility of adding Dallas to the list of cities served.
Your Phone May Soon Sense Everything Around YouSuppose that your smartphone is clever enough to grasp your physical surroundings -- the room's size, the location of doors and the presence of other people. What could it do with that info? We're about to get our first look.
Axl Rose Demands Google Take Down Unflattering PicturesRock singer Axl Rose is demanding Google take down several unflattering images of him that have been used as part of an internet meme mocking his physical appearance.
Googling Yourself Now Leads To Privacy ControlsIn the coming weeks, a shortcut to personal account information will appear at the top of Google's search results whenever logged-in users enter their own names into the query box.
Jury Sides With Google In Battle Over Android SoftwareA federal jury found that Google didn't need permission to use a rival's programming tools as it built Android, now the world's leading smartphone operating software and a key part of Google's multi-billion dollar business.
Google Maps May Soon Lead You To More AdsYou may start seeing more ads when getting directions from Google's popular mapping service. The additional ads will show up inside of the directions map as Google routes you to your destination.
Google Looking Deeper Into VR & AIGoogle is expected to dive deeper into virtual reality and artificial intelligence Wednesday during an annual conference that serves as a launching pad for its latest products and innovations.
Company Wants Self-Driving Big Rigs On HighwaysPicture an 18-wheeler barreling down the highway with 80,000 pounds of cargo, and no one but a robot behind the wheel. To many drivers, that might seem like a frightening idea.
Google Wants New Emojis For Professional WomenGoogle wants professional women to be better represented in emoji form. Sample emojis provided by Google show female characters in professional clothing including business suits, lab coats, medical scrubs and construction hats.


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- Cobalt prices have exceeded the US$33,000 mark, on the back of burgeoning electric vehicle industry with government reforms and incentives. Europe emerging as the new centre of the EV Industry.
- Cobalt Blue Holdings’ Broken Hill Cobalt Project, the largest greenfield cobalt project ex Africa, targets 17 years of operational life and average production of 3,500-3,600 tonnes of cobalt per annum.
- Encouraged by better economics, higher reserves and longer targeted mine life, COB advances on numerous sampling programs designed to establish high purity, battery grade characteristics of the cobalt product prior to the completion of feasibility study.
With the outbreak of COVID-19, global economic activity came to a near standstill and the commodity space was no outlier. The outbreak, which led to the largest economic shock the world has experienced in decades, impacted demand for almost all commodities; however, the ongoing unprecedented situation has pushed up prices of few commodities.
The coronavirus pandemic led to the shut down and supply cut back of cobalt from Ambatovy, Compagnie de Tifnout Tiranimine (CTT), Voisey’s Bay, Raglan Cobalt and other mining operations. The outbreak had a major impact on the industrial demand for cobalt. However, lately cobalt prices have recovered, with demand for lithium-ion battery packs going up, fuelled by government reforms and incentives towards encouraging electric vehicle adoption.
A strategic metal, cobalt is in strong demand for new generation batteries, majorly lithium-ion batteries that are widely used in clean energy systems.
Click here to read our article on how the pandemic emerged as an accidental catalyst for the cobalt market, fuelled by pro-EV sentiments and reforms, globally.
Cobalt prices have recovered after taking a toll, on the back of subdued demand. The demand shock was mostly counterbalanced by supply disruptions due to halting and production cutbacks at mining operations. The growth in demand in recent months especially in the European market has triggered the cobalt price recovery.
Cobalt has often been associated with supply restrictions mostly concerning geopolitical issues, and Bou Azzar, the only one primary cobalt mine, currently operates, globally, with remaining being sourced from secondary cobalt mines along with nickel and copper products.
On a global level, electric vehicle sales grew strongly during H1 2020, with volumes greater than the 2018 annual volumes. The reintroduction of subsidies in the Chinese market has increased to 2018 levels when the incentives were offered. Additionally, growing electric vehicle sales volume across Europe highlights that the region has gained the steering of the EV sector and anticipates emerging as the largest EV market by volumes in 2020.
Cobalt Blue Developing Australia’s Largest Cobalt Sulphide Deposit, BHCP
Cobalt Blue Holdings Limited (ASX:COB) is an exploration and project development company, which is advancing work programs to develop the Broken Hill Cobalt Project in New South Wales. The project is located in a matured mining environment, which hosts world-class nickel, lead, silver and zinc mining operations.
Upon commencement, the Broken Hill Cobalt Project is expected to emerge as a major supplier of battery grade ethical cobalt with a processing capacity of up to 6.3 million tonnes of ore producing 3,500-3,600 tonnes per annum along with substantial by-product credits of up to 300,000 tonnes per year of elemental sulphur.
Last month, Cobalt Blue released a project update, delivering significant enhancements in the project economics against the 2018 pre-feasibility study. Apart from economic parameters including operating and capital costs, the project update also highlighted upgraded mineral ore probable reserves by 55% to 71.8 million tonnes with a grade of 710 ppm cobalt, expanding the targeted life of mine to over 17 years.
Sampling Programs to Establish Cobalt Product and De-risk BHCP
Cobalt Blue has also been collaborating with global top-tier companies to benchmark the battery grade and intermediate cobalt products against the industry specifications, even prior to the completion of feasibility study anticipated in 2022. COB plans to enter as many as 10 sampling agreements with cobalt trading companies and battery precursor manufacturers.
The Broken Hill or Thackaringa Cobalt Project, holding the potential to be one of the largest suppliers of ethical cobalt (ex-Africa), is aiming to be a top 10 global operation, by size of annual cobalt production, in a low political risk jurisdiction with well-established infrastructure.
Stock Information - COB stock settled the day’s trade at AU$0.100 on 19 August 2020, with a market capitalisation of AU$20.98 million.


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According to data from the National Statistics Institute (INE), holidaymakers spent more than €23 billion in Portugal in 2016. Over 28 million visitors entered the country. The number of overnight stays exceeded 144 million. Tourism is growing four times faster than the rest of the Portuguese economy and represents 7% of the gross domestic product.
Porto city council approved today a tourist tax of two euros per night for all guests over the age of 13 beginning 01 March 2018. In announcing the new levy, Mayor Rui Moreira said that, in order to ensure Porto’s place as a sustainable tourist destination, holidaymakers must participate in the running costs of the municipality, given the wear and tear inherent in the tourist footprint.
Lisbon was the fifth most popular destination for European holidaymakers in 2017, registering a 17% jump when compared to the year before. Porto came in ninth place, 12% above 2016. Registering a 24% increase, London was the first choice for European tourists, followed by Barcelona, Mallorca and Paris.
Prices for Local Lodging (“AL”) rose in the historic centres of Lisbon and Oporto during the first half of 2016 according to the “Confidencial Imobiliário Index”. The average cost of “AL” accommodations increased by 4.6% in the historic districts of Lisbon and 0.3% in the centre of Porto.
Airbnb announced that, since 01 May 2016, it has already delivered almost five million euros to the City de Lisbon from the collection of levies on holidaymakers. To date in 2017, the amount collected has been €3,100,000. Airbnb is the only internet hosting platform to collect the Tourist Tax (one euro per night per person) on behalf of the Lisbon City Council.
The levy on holidaymakers will be applied to all guests over the age of 13 who stay up to 5 consecutive nights in hotels, apartments, villages and tourist developments, campsites or local lodging establishments in the municipality of Óbidos. The town council hopes to collect ±€200,000 annually in fresh revenues with the new charge.


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India, like most different international locations, follows the twin structure of goods and companies tax (GST), permitting both the Centre and the state to divide tax from sale of a product or good. President Donald Trump made a shock Christmas go to to U.S. troops in Iraq on Wednesday, his first journey to a battle zone nearly two years into his presidency and days after announcing a pullout of American troops from neighboring Syria.
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Eurozone inventory markets have fallen additional and London flattened at the open following massive losses for Tokyo and on Wall Road. An incredible day on Wall Street, where major indexes completed a minimum of 5 % greater, lifted Japanese stocks but garnered a mixed reaction elsewhere in Asia and Europe on Thursday as some merchants returned from a Christmas break.
Domestic inventory markets reversed early losses to break a 3-day losing spree on Wednesday, shrugging off weak spot in Asian friends on world growth issues. Home inventory markets prolonged positive factors to a second straight session amid optimistic international cues.
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Nomura Holdings Inc goals to increase its share of enterprise arranging foreign exchange hedging, acquisition finance and other deal-related companies for company clients in the United States, the CEO of Japan’s greatest funding bank said.
2 In 1882 Charles Dow , Edward Jones and Charles Bergstresser started a wire service that delivered news to investment houses alongside Wall Street. Market Voice allows buyers to share their opinions on stocks. Nova Scotia’s premier says he’s keenly conscious of the persevering with must diversify the province’s economy in 2019, especially with the way forward for a key economic participant up in the air.
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Strong shopping for interest witnessed in banking, financial providers and infrastructure stocks pushed the key indices increased, nonetheless losses in IT and pharma sectors saved the upside in test. Buying in IT, energy and quick-transferring client items shares pushed the markets greater, however warning among buyers ahead of the expiry of month-to-month derivatives contracts restricted the upside.
Domestic stock markets reversed early losses to break a 3-day dropping spree on Wednesday, shrugging off weak point in Asian friends on world growth concerns. Home inventory markets extended good points to a second straight session amid constructive world cues.
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The shutdown has rocked stock markets and shaved 2019 forecasts for economic development. International Business and Monetary Information, Stock Quotes, and Market Data and Evaluation. Round 1700, Daniel Defoe -best identified for his novels especially Robinson Crusoe- began publishing business and financial information.
Donald Trump expressed confidence in the Treasury secretary, Federal Reserve and US economy, moving to calm monetary markets further roiled after Bloomberg News reported that the president had discussed firing the central financial institution’s chairman over elevating rates of interest.
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The stats are in and Memorial Day weekend beef sales were disappointing, not exactly the great kickoff to the summer grilling season we wanted. More of a pooch punt on third down, giving the beef industry a few more months before handing off our long-time center of the plate summer dominance to other proteins. Observers suggested stormy weather on the East coast, plus historically high prices, were two major reasons for all those “no sale” register ring ups at the local A&P or Piggly Wiggly.
Fortunately the Memorial Day weekend isn’t to beef producers like the Christmas season is to toy manufacturers. The weather will always get better – and worse – so we have plenty of time to make up for issuing a ‘May Day’ distress call on May 27. The real sales killer that must be addressed, of course, is the price of a pound of beef.
What will American beef eaters pay this summer? Let’s look at this week’s specials, knowing that these prices will rise from time-to-time. Here in the Midwest, Hy-Vee is selling Amana Choice KC strips for $6.99 each. To be more accurate, a 12 ounce cut is $10.48 or $13.95/pound. Fresh ground beef (85/15) is $3.99/pound.
Those weather-beaten folks on the East coast will pay about the same to shop at their local Piggly Wiggly. Their Charleston, SC, store is advertising ground chuck at $4.89, C.A.B. New York strips at $12.99, and boneless sirloin at $8.99. A look at the weekly ad for Ralph’s Groceries in San Diego made me think they’ve decided to ignore their red meat department. A 16 page flyer mentioned just U.S.D.A. Choice T-bone at $8.99 and lean ground beef (80/20) at $3.49. Prices for both of those items were available to store card holders only. Chicken and that ‘other white meat’ took up the rest of the meat department ad space.
The average price of a pound of ground beef between 1984 and 2003 stayed under $2.00/pound, making it one of the biggest bargains to ever land on the center of the plate. It started to creep up, though, and first touched $2.50 in 2010. The $3.00 barrier was breached just one short year afterwards. This Memorial Day, it spiked at an all-time high of $3.51. If you consider that most retailers say ground beef is the single most price sensitive product in the meat case, you’ll understand why that long holiday weekend was a major under-performer.
Here is more reason to fear for the future of the beef business. In 1984, the per capita consumption of beef was 63 pounds, down about one third from its peak of 94 pounds in 1976. As the price of beef began trending upwards, consumption followed a downward slope, dropping to just 55 pounds last year.
Those historically high prices were caused by wholesale beef prices, jacked up by one of the worst droughts in a century and drought-driven record high feed costs forcing a reduction in herd size. We now have the smallest number of U. S. cattle since 1952.
With the genetically limited time lag needed to make a substantial dent in beef supply, retail prices just before the next three grilling days - Father's Day on June 16, the Fourth of July and Labor Day on September 2 – will probably stay in the same high-dollar neighborhood, maybe even jump higher by summer’s end. It’s not inconceivable that ground beef might flirt with $4.00 by Labor Day.
With prices rising so quickly, whole muscle beef cuts are no longer in danger of being declared an indulgence by most people. That deed has been done and the shift to ground beef is part of the reason it’s reached record-level retail prices, too. If it hits $4.00 within the next 12 months, ground beef will also be in danger of becoming an indulgence for at least the bottom quarter of the income scale and a financially-driven replacement of the whole muscle cuts favored by what’s left of a staggering middle class.
The message that it’s healthier to eat less meat will gain more credence along with the idea that red meat might not belong at the center of the plate anymore. The idea that meat should be an ingredient, not a main course, will take hold and the new supermarket growth item will probably move to the center of the store where they keep all those varieties of Hamburger Helper®.
Take fair warning: Hamburger Helper now comes in 40 varieties including Chicken, Tuna, Cheesy, Italian, Asian, Mexican, Whole Grain and Helper Complete. The “Hamburger” part of that brand name is no longer where Betty Crocker is going. Could it be because they know that’s not where their customers are going?
Increasing herd size will help mitigate spiraling prices but that would require a major commitment on the part of cattlemen to take the risk and that’s far from certain. The next hurdle, if enough cattlemen decide to take that great leap of faith, is the time it would take to actually rebuild our herds. It would be over three years before enough inventory would be on hand to allow prices to drop. The great unknown there is how much red meat a suddenly wealthy and huge Chinese middle class will consume. As they begin to demand more and more meat in their diet, there might not be enough resources available anywhere in world markets to keep prices at the low levels we’ve come to appreciate.
But three years is more than enough time for the current generation of would-be beef eaters to opt out. Permanently.
The opinions expressed in this commentary are solely those of Chuck Jolley, a veteran food-industry journalist and commentator.


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As BellandTechnology AG acquires Xioneer Systems, excellence in 3D printing materials and hardware continue to meet–and improve–via global expansion. Headquartered in Bayreuth, Germany and founded in 2008, BellandTechnology today is branded under VXL, and is known as a consumables manufacturer—mainly through development and production of acrylic-based thermoplastic polymers.
With the addition of Vienna, Austria-headquartered Xioneer Systems GmBH in December, BellandTechnology receives 100 percent of their shares, as well as their impressive expertise in manufacturing FFF 3D printers.
Xioneer was founded in 2012 and worked with a team of around 20 employees last time we interviewed them regarding their six patented technologies and features surrounding their 3D printers and materials. They are known for their initial Xioneer Desktop 3D printer, and the 2016 FormNext Start-up Challenge Award as they were recognized for their 3D printing innovation.
“By merging our companies, we combine the 3D printing know-how of Xioneer with the materials know-how of BellandTechnology. And this places us in a unique competitive position: a position to tackle 3D printing challenges in a new way, to deliver new solutions. All that with one goal in mind: to promote the FFF technology in both the consumer and the industrial additive manufacturing markets,” explains Dr. Andrei Neboian, founder and CEO of Xioneer.
“To achieve this, we decided to focus on the entire FFF industry and change our product course accordingly. Therefore, we will expand our service portfolio and we plan to offer innovative add-on systems, components, and accessories for any FFF 3D printer on the market.”
Xioneer currently also serves customers engaged in aerospace, automotive, medical and tooling, and engineering applications—supported by the Xioneer Industrial 3D printer, beginning in 2018. Their pioneering efforts in the production of hardware will complement BellandTechnology’s unique position in the 3D printing industry as they continue to make and market high-performance thermoplastics featuring ‘controlled solubility.’ This applies to both water or aqueous alkali solutions and can be critical in areas like electronics, and mechanical or medical engineering too. Typical products produced via these polymers include:
- Semi-finished products
BellandTechnology thermoplastics, offering notably higher thermal stability, are also used in 3D printing complex parts.
“We are excited about the future with Xioneer on board. In the coming years we will serve the FFF 3D printer market with software solutions, hardware components, and innovative concepts for 3D printing consumables – all perfectly matched together,” said Thomas Demmer, the CEO of BellandTechnology AG.
“These products will be cost-efficient, professional, and user friendly. As a 3D printing materials company, we are open to work with all 3D printer manufacturers. And we believe that this openness, together with the willingness to deliver great products to manufacturers and end-users, will help us push the FFF market forward.”
What do you think of this news? Let us know your thoughts! Join the discussion of this and other 3D printing topics at 3DPrintBoard.com.[Source / Images: Xioneer Technologies]
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"The deal was agreed on March 5, but Coles and Moss needed to pass physicals to make the trade official. Moss passed his on March 7."
Coles will definitely make more of an impact at New York than Moss will at Washington. He already has great chemistry with Pennington.
Also... due to this trade, I believe Moss' fantasy value has dropped substantially. What do you think?