News Article | May 3, 2017
Top Thought Leaders Will Discuss the Most Pressing Issues of the Moment Including Climate Change, Refugee Crisis, Criminal Justice Reform and Mental Illness -- and How Private Philanthropists Can Make the Most Impact; #TandCPhilanthropy NEW YORK, NY--(Marketwired - May 03, 2017) - Town & Country announced Michael Bloomberg, John Legend, Glenn Close and more will participate in its fourth annual Philanthropy Summit on Tuesday, May 9, 2017. Taking place at Hearst Tower, this invitation-only event will tackle hot-topic issues such as climate change, criminal justice reform, mental health, the global refugee crisis and the importance of philanthropy as a family value. The 2017 Summit coincides with the magazine's June/July T&C 50 Philanthropy issue (on sale nationwide May 16), which will feature Michael Bloomberg, John Legend and Cate Blanchett on three separate covers. The issue highlights a venerable group of 50 academics, business tycoons, entertainers, political leaders and tech giants who are currently shifting the philanthropic landscape. "Now in its fourth year, this is our most ambitious and exciting Philanthropy Summit to date," said Stellene Volandes, editor in chief of Town & Country. "I can't think of a better time in our nation's history to highlight a group of individuals dedicated to helping others, and we hope that both the Summit audience and our readers can be moved to realize that we all can make a difference." Michael Bloomberg will kick off the day with a keynote address on climate change and the responsibility to improve the world around us. NBC News correspondent Cynthia McFadden will moderate a discussion on The Case for Arts Philanthropy with Sarah Jones, Oskar Eustis and Elaine Wynn, followed by a live interview with the grandchildren of Elizabeth Taylor, together for a rare public appearance, to share how they are continuing their grandmother's philanthropic legacy. Jerry Storch, chief executive officer of Hudson's Bay Company, and president of HBC Foundation, will introduce a panel on mental illness featuring Glenn Close. ABC News Anchor David Muir will lead a panel discussion on the global refugee crisis that includes David Miliband and Zosia Mamet. Chef Michael Anthony of Gramercy Tavern, a champion of Wellness in the Schools, is catering the lunch, which will feature John Legend in conversation on criminal justice reform with former White House senior advisor Valerie Jarrett. The T&C Philanthropy Summit is presented by U.S. Trust, Bank of America Private Wealth Management (Title Sponsor), HBC Foundation, The Pew Charitable Trusts, Frédérique Constant and The TreadRight Foundation. "Town & Country's Philanthropy Summit celebrates thoughtful leaders across varied fields upholding a deep commitment to giving back," said Jennifer Levene Bruno, Town & Country VP/publisher and chief revenue officer. "We are grateful to our sponsors who help underscore our annual event highlighting the importance of philanthropy in our world today." Attendees of the Philanthropy Summit will also have the opportunity to experience the Tribeca Film Festival's Virtual Reality (VR) Arcade with a special viewing of The Protectors: Walk in the Ranger's Shoes, a new virtual reality short film from director Kathryn Bigelow and VR creator Imraan Ismail. The eight-minute film highlights the African elephants' race toward extinction at the hands of ivory-seeking poachers. For more information on the summit, visit TownandCountrymag.com and follow along at #TandCPhilanthropy Town & Country (www.townandcountrymag.com) has chronicled American life since 1846, always putting an emphasis on people of style and accomplishment who give something back to the world, whether in service, philanthropy or creative endeavor. Combining the highest level of reporting with the very best photography, Town & Country is an acute observer of the broader social landscape, documenting notable weddings and parties, chronicling the pastimes and passions of leading figures and families everywhere, and casting an anthropological eye on the lives of the rich and powerful. The magazine is a trusted source of privileged information, taste and unpretentious fun -- in short, an irreplaceable guide to the very best that the world has to offer. Follow Town & Country on Twitter at @TandCMag. Hearst Magazines is a unit of Hearst (www.hearst.com), one of the nation's largest diversified media and information companies. With 21 titles in the U.S., Hearst is the leading publisher of monthly magazines in terms of total paid circulation, reaching 78 million readers and 80 million site visitors each month (comScore), with a social media following of 88 million. In addition, the company publishes close to 300 editions and 200 websites around the world. Hearst Magazines Digital Media includes 21 websites for brands such as Cosmopolitan, ELLE, ELLE DECOR, Esquire, Good Housekeeping, Marie Claire and Seventeen and Delish.com. The company also includes iCrossing, a global, full-service digital marketing agency. ABOUT U.S. TRUST, BANK OF AMERICA PRIVATE WEALTH MANAGEMENT U.S. Trust, Bank of America Private Wealth Management is a leading private wealth management organization providing vast resources and customized solutions to help meet clients' wealth structuring, investment management, banking and credit needs. Clients are served by teams of experienced advisors offering a range of financial services, including investment management, financial and succession planning, philanthropic and specialty asset management, family office services, custom credit solutions, financial administration and family trust stewardship. U.S. Trust is part of the Global Wealth and Investment Management unit of Bank of America, N.A., which is a global leader in wealth management, private banking and retail brokerage. U.S. Trust employs more than 4,000 professionals and maintains 93 offices in 31 states. As part of Bank of America, U.S. Trust can provide access to a broad range of banking solutions for individuals and businesses, and an extensive retail banking platform. Established in Canada in 2005 and in the U.S. in 2017, the HBC Foundation is the North American charitable arm of Hudson's Bay Company, one of the fastest-growing retailers in the world. The foundation is a Canadian registered charity and a 501(c)(3) non-profit organization in the U.S. dedicated to improving lives by enhancing physical and mental health through education, access, research, and empowerment. By channeling the collective power of HBC's banners in North America, including Hudson's Bay, Lord & Taylor, Saks Fifth Avenue, Saks OFF 5TH and Gilt.com, the foundation helps to transform the mental health landscape. The Pew Charitable Trusts works with philanthropists to make long-lasting, powerful, positive change -- always based on solid research and tangible goals. As a global nonprofit, we find the facts and use them to inform the public, improve public policy, and invigorate civic life. For nearly seven decades, we have produced measurable results addressing the most pressing challenges of the day across the United States and around the world. If you are interested in exploring how facts can drive innovation and improve people's lives in tangible ways around the globe, we invite you to learn more at www.pewtrusts.org/invest. Frédérique Constant is a watch manufacturer based in Plan-les-Ouates, Geneva, Switzerland. The company is involved in all stages of watch production, from initial design, to final assembly and quality control. Frédérique Constant develops, manufactures, and assembles in-house calibers, 21 different versions since 2004. In 2015 Frédérique Constant introduced the first Swiss made Horological Smartwatch, powered by MMT SwissConnect and entirely displayed with an analog dial, thereby creating an entirely new watch category in the Swiss watch industry. Frédérique Constant watches are defined by their high quality and differentiation and precision in design and manufacturing. Their perceived value, through quality of design, materials, and manufacture, is a key component of their success. Each watch is assembled by hand, with the latest equipment and extensive controls, to ensure maximum quality and durability. The company embraces innovation to offer creativity and exceptional value. Its 32,000 square foot facility in Geneva is ultra-modern and offers the best environment for its passionate watchmakers. For more information, please visit www.frederiqueconstant.com. Created as a joint initiative between The Travel Corporation's (TTC) family of brands, the TreadRight Foundation is a not-for-profit that works to help ensure the environment and communities we visit remain for generations to come. Founded by Brett Tollman, Chief Executive Officer, TTC, to date TreadRight has supported more than 40 sustainable tourism projects worldwide. As an official Diamond Sponsor of the UN International Year of Sustainable Tourism for Development 2017, TTC is dedicated to bringing the industry together with a shared goal of benefitting local communities and the environment. To learn more about our past and current work at TreadRight, please visit us at www.treadright.org.
News Article | May 2, 2017
LAS VEGAS--(BUSINESS WIRE)--TAITRA, along with Taiwanese hand tool manufacturers, will continue showcasing their innovation and competitiveness in a challenging industry during the 2017 National Hardware Show. The show will be held at the Las Vegas Convention Centre. Visitors to the exhibition can gain a firsthand look at the diversity of Taiwan’s industry at the Taiwan Excellence Pavilion (booth number 1420) from May 9th to 11th. Taiwan’s hand tools are still growing exports in an economically challenging environment. In 2016, Taiwanese hand-tool makers saw exports of US$3.06 billion, which represents a 8.51% growth over 2015. The USA is still the largest destination for Taiwanese hand tools, taking in 29.6% of overall exports, followed by China, Germany, Japan, and the UK, respectively. In regards to the largest sources of the USA's imports, Taiwan is the fourth largest importer into the USA. In 2015, the value of imports reached US$0.7 billion (7.8% of all tools imported into America). Despite the economically challenging environment, the value at which the USA imported from Taiwan still grew by US$0.07 billion (9.8%) in 2015. These figures point to Taiwan’s sustained development in recent years. Taiwan can meet demands in the connected hardware market with its IT credentials and the ability for customization. Taiwan is especially good at creating multifunctional, all-in-one products, with the ability to make small-volume productions for a wide range of items. Today, Taiwanese companies are fusing together products with digitalization, meeting ever-changing trends with innovation. Around 80% of Taiwan’s 600 hand-tool manufacturers are gathered in Central Taiwan, providing a collaborative and fast responding supply chain for the whole industry. All this activity falls within a 10 km radius. It includes a comprehensive supply chain and seamless integration between central and satellite factories. The flexibility of its supply chain allows Taiwanese hand-tool companies to meet any demand in manufacturing, such as molds, heat treatments, surface treatments, plating, and packaging. Most importantly, Taiwan’s exceptional IT infrastructure makes it easy for the local industry to rapidly adapt to any new technologies in the market. Taiwanese hand-tool manufacturers take advantage of the strength of this integration and its IT credentials, ranking Taiwan 1st in sockets and associated components, 6th in hand-tool exports and 3rd in unit price worldwide. Ching Yuang Since its inception in 2002, Ching Yuang has been in the light industry for over 15 years. Ching Yuang engages in developing lighting that helps people improve their workplaces and lives. Brightening your nights through warm, glare-free lighting. LED Balloon Light Mini: The exclusive LED energy saving light provides warm and glare-free lighting. Offers a quick response to any urgent needs and has a waterproof battery power supply. It’s compact and easy to transport. Comlink Comlink Electronic Co., Ltd. was founded in 1983. The founder was inspired by jetfighters and has been dedicated to replacing gas engines with BLDC motors in industrial applications. Today, a series of new products, such as their brushless DC leaf blowers, BLDC grass trimmers, BLDC hedgers, and BLDC chain saws, are ready for a better tomorrow. Comlink is striving for making the best products while also being environmentally friendly. Comlink BLDC Grass Cutter: It is small and lightweight (2 kg). It emits no air pollution, it’s quiet and has little vibration. One important feature is that it has almost the same cutting power as a 43 c.c. gas engine cutter. Dofair As a leading aluminum folding ladder manufacture since 1990, Dofair is fully capable in assisting customers with developing new concepts into practical products. In additional to GST/TUV approval, Dofair’s ladders also comply with American, Australian, and Japanese regulations, including ANSI, AN-ZS, and JIS. Each year, Dofair continues developing safer and better products for their customers. Telescopic Folding Ladder with Extending Feet: It can be used as stairway, a 90° ladder, an A-frame ladder, and as an extension ladder. It has 4 independent extending legs. Product has passed GS Approval (150 kg loading rate). Sheng Tai Brassware Sheng Tai Brassware Corporation (ST) was established in 1976. ST is dedicated towards designing bathroom products, and has established its own brand in the market, Justime. The brand has gained many global awards, such as the Red Dot Design Award, iF Design Award, Chicago Good Design Award, Design Award of the Federal Republic of Germany, and IDEA Award. Lucky 7 Shower Mixer: Its geometric shape and inner aerator make it succinct and well balanced. The handle is easily grasped when wet and the spout can be adjusted to fit different sized washing basins. The Taiwan Hand Tool Manufacturers’ Association was founded in 1977. The association has established itself as the cornerstone of the world’s hand-tool supply chain. Through forging strategic alliances, the association has not only harnessed the individual prowess of small- and mid-sized Taiwanese enterprises, but has also reaped synergistic benefits from improved manufacturing efficiency, research, innovation, and market position. Information about Taiwan Excellence, the Bureau of Foreign Trade, and TAITRA: TAIWAN EXCELLENCE The symbol of Taiwan Excellence was established in 1992 by Taiwan’s Ministry of Economic Affairs (MOEA), and subsequently the Taiwan Excellence Selection was launched the following year. The selection is based on the distinct criteria of R&D, quality, design, and marketing. Taiwan Excellence awarded products are chosen for their cutting-edge innovation, and are used to represent Taiwan on the international stage to reinforce the buyer’s confidence and continue building a favorable impression for Taiwanese products worldwide. This year marks the 25th selection, making the symbol of Taiwan Excellence, highly reputed throughout the world, a prestigious brand for enterprises in Taiwan striving for worldwide recognition. For more information, please visit: www.taiwanexcellence.org. Organized by: Bureau of Foreign Trade, MOEA The Bureau of Foreign Trade (BOFT), under The Ministry of Economic Affairs (MOEA) of Taiwan, is responsible for implementing policies and regulations governing foreign trade, economic cooperation, and foreign investments. Established in January 1969, the BOFT's role and position have undergone continual adjustments to meet the needs of the shifting international economic and trade environment. The BOFT has been guiding and working with the Taiwan External Trade Development Council (TAITRA) in numerous trade promotion projects and activities both internationally and domestically. Having worked closely with TAITRA for many decades, the BOFT continues to entrust TAITRA with various critical government projects relating to trade and investments, promoting Taiwan on every international aspect. Implemented by: Taiwan External Trade Development Council Founded in 1970 to help promote foreign trade, the Taiwan External Trade Development Council (TAITRA) is the foremost non-profit, semi-governmental trade promotion organization in Taiwan. Jointly sponsored by the government, industry associations, and several commercial organizations, TAITRA assists Taiwanese businesses with reinforcing their international competitiveness and in coping with the challenges they face in foreign markets. TAITRA boasts a well-coordinated trade promotion and information network consisting of over 1,200 trained specialists stationed throughout its Taipei headquarters and 60 branches worldwide. Together with its sister organizations, the Taiwan Trade Center (TTC) and Taipei World Trade Center (TWTC), TAITRA has created a wealth of trade opportunities through effective promotion strategies.
News Article | April 17, 2017
A form of life that uses a fresh genetic “language” could be just a few years away. This comes after geneticists used a new technique to recode 5 per cent of the Salmonella bacterium’s genome, introducing a record number of engineered changes into a single organism. Now the race is on to recode the entire genome and put the microbes to work. Genome recoding is seen by many as the next big thing in genetic engineering. Among other things, it offers geneticists a way to engineer the proteins produced by organisms and give them new properties – allowing the creation of proteins that don’t exist in nature, and potential uses in new types of drugs and vaccines. Standard proteins are built from 20 amino acids, which are in turn coded for by “codons” – runs of three DNA “letters” in the genetic code (TTT, TTC, and so on). It’s possible to produce 64 distinct codons, meaning there is a lot of redundancy in the system because amino acids are usually coded for by more than one codon. The amino acid leucine, for example, is produced by six different codons. That redundancy could be used to our advantage. For instance, if an entire genome was recoded so that leucine was produced by just one codon, it would free up five others that could be reassigned to produce brand new amino acids beyond the 20 natural ones, potentially leading to new commercially useful proteins. The novel amino acids are important for another reason: they are fundamentally alien to life on Earth. An organism with a fully recoded genome would, in effect, use a subtly different genetic “language” to everything else on the planet. Its DNA would be unable to function properly in other organisms, because they would be unable to read it. This is a particularly useful trait in the microbial realm, in which cells are only too willing to “talk” to one another and share genetic information. That process of DNA sharing is a problem for researchers who want to use genetically engineered bacteria in real-world applications, because society demands that any genetically modified organism doesn’t transfer those modifications to other organisms in the environment. “Ideally, you would have a firewall between your bacterium and the other bacteria,” says Jeffrey Way at Harvard University’s Wyss Institute. Recoding the genome provides that firewall because the new code would be meaningless to natural life forms. It’s a mammoth task to recode one or more codons across an entire genome. However, a team led by Way and his colleague Yu Heng Lau – both members of Pamela Silver’s laboratory at the Wyss Institute – thinks it might be no more than a few years away from achieving the feat. Working with a strain of Salmonella, the team has already made more than 1550 codon changes in 176 genes. The researchers decided to free up two codons that code for leucine, TTA and TTG, by replacing them with CTA and CTG codons, which also code for leucine. They designed the new Salmonella DNA on a computer and paid a commercial supplier to build it. Such suppliers typically provide DNA in short strands, 1-4 kilobases long. To build longer stretches, the geneticists inserted the DNA fragments into yeast cells, which can naturally assemble them into strands 20 kb long. Then came the crucial step – one that the team thinks might be key to making genome recoding much quicker. The researchers used a new technique to replicate each modified 20-kb DNA strand inside the yeast and produce large quantities at the level of micrograms. Then they inserted modified DNA into the Salmonella. The hope was that the bacteria would then do some of the geneticists’ work for them. When bacterial cells divide and replicate their DNA, they may incorporate a new strand of DNA if it happens to be present in the cell. What’s more, if that new strand of DNA has a near-identical sequence to a particular region of the bacterial genome, some of the bacteria should even incorporate the new DNA in that region. This process is known as recombineering, which is a form of “crossing over” between similar DNA strands that occurs naturally in all organisms. Geneticists have used recombineering to insert new DNA sequences in the past, but those were typically only about 3-4 kb rather than 20 kb long. “We were initially unsure if this was feasible,” says Lau. “But it actually worked well enough for our purposes.” It took roughly two days to insert a particular 20 kb section. After that, the team could give the Salmonella engineered DNA corresponding to the next 20 kb of the genome’s DNA sequence and wait for the bacteria to incorporate it, and so on. The approach offers an efficient way to design and assemble recoded genomes, says Marc Lajoie at the University of Washington in Seattle, a member of a team using a different method to recode E. coli. “I think their method will provide a complementary tool for existing efforts to synthesise radically recoded organisms,” he says. Way says it might be no more than a couple of years before the team has applied the technique across the entire Salmonella genome, which will involve changing more than 33,000 codons in total. At that point, the microbe could find uses in vaccine development, he says. Many bacterial vaccines are made using dead microbes because of the risk that living ones would swap genetic material with others in the human body. Because recoded bacteria would be unable to communicate with other microbes, it should be possible to use them to create “live” vaccines – which can be far more effective. “That’s an example of a real-world use of this technology,” says Way. “Salmonella would be a perfect bacterium to work with.” Read more: Synthetic supermicrobe will be resistant to all known viruses; Reprogrammed bacterium speaks new language of life
News Article | May 25, 2017
BLOOMINGTON, Minn.--(BUSINESS WIRE)--The Toro Company (NYSE: TTC) today reported net earnings of $120.5 million, or $1.08 per share, on a net sales increase of 4.3 percent to $872.8 million for its 2017 second quarter ended May 5, 2017. In the comparable fiscal 2016 period, the company delivered net earnings of $105.7 million, or $0.94 per share, on net sales of $836.4 million. For the first six months, Toro reported net earnings of $165.5 million, or $1.48 per share, on a net sales increase of 5 percent to $1,388.6 million. In the comparable fiscal 2016 period, the company posted net earnings of $144.9 million, or $1.29 per share, on net sales of $1,322.8 million. “Solid performance in both our professional and residential segments contributed nicely to the revenue growth we achieved for the quarter,” said Richard M. Olson, Toro’s president and chief executive officer. “The golf equipment business continues to perform well as customers enhance their fleets with innovative turf solutions like the compact and lighter weight Reelmaster® fairway mower and the Greensmaster® TriFlex™ hybrid mower, which delivers the precision cutting capabilities of a walk greens mower with the productivity of a riding unit. We are also pleased by the performance of our rental and specialty construction businesses. Expanding our product lineup, particularly in the rental channels, has been successful.” “The annual Toro Days sales event generated solid results in our residential business for the quarter,” said Olson. “We saw strong demand for our walk power mowers during the early part of spring and that momentum continues. We are also particularly excited about the new Personal Pace® PoweReverse™ mower with reverse assist for ease of use and maneuvering. This revolutionary new design delivers power where it’s needed by featuring a self-propel system that activates in both forward and reverse.” “As we look across all of our businesses, we are encouraged by the retail momentum we are seeing, but we acknowledge that we still have much of the key selling season ahead of us. I am pleased by the steady progress we are making on our working capital initiatives and the other Destination PRIME goals. As we enter the second half of the fiscal year, we will continue to execute against our customers’ expectations by delivering value-added innovations in the markets and industries we serve, while maintaining operational flexibility and prudently managing expenses.” The company now expects revenue growth for fiscal 2017 to be about 4.5 percent and net earnings per share to increase to about $2.35. For the third quarter, the company expects net earnings per share to be about $0.56. Gross margin as a percent of sales for the second quarter was 36.2 percent, which is consistent with the same period last year. Productivity improvements were offset by commodity headwinds and the impacts of segment mix, which contributed to the quarterly results. For the first six months, gross margin as a percent of sales was 36.7 percent, also consistent with the comparable period last year. Commodity cost increases offset productivity improvements, which contributed to the results year-to-date. Selling, general and administrative (SG&A) expense as a percent of sales for the second quarter was 18.0 percent, an increase of 30 basis points from the same period last year. Higher incentive and warranty costs were the main factors behind the increase. For the first six months, SG&A expense as a percent of sales was 20.9 percent, which is consistent with the comparable period last year. Operating earnings as a percent of sales for the second quarter was 18.3 percent, a decrease of 20 basis points year over year. Operating earnings as a percent of sales for the first six months was 15.8 percent, which is the same as the comparable period last year. The effective tax rate for the second quarter was 23.9 percent, down from 31.5 percent year over year. For the first six months, the effective tax rate was 24.1 percent, down from 30.3 percent in the same period last year. The resulting change is driven by adoption of the new share based accounting standard this fiscal year. Accounts receivable at the end of the second quarter totaled $328.5 million, down 0.4 percent compared to last year. Net inventories were $341.6 million, down 7.4 percent and trade payables were $273.6 million, up 5.0 percent compared to the same period last year. About The Toro Company The Toro Company (NYSE: TTC) is a leading worldwide provider of innovative solutions for the outdoor environment, including turf, snow and ground engaging equipment and irrigation and outdoor lighting solutions. With sales of $2.4 billion in fiscal 2016, Toro’s global presence extends to more than 90 countries. Through constant innovation and caring relationships built on trust and integrity, Toro and its family of brands have built a legacy of excellence by helping customers care for golf courses, landscapes, sports fields, public green spaces, commercial and residential properties and agricultural fields. For more information, visit www.thetorocompany.com. The Toro Company will conduct its earnings call and webcast for investors beginning at 10:00 a.m. CDT on May 25, 2017. The webcast will be available at www.streetevents.com or at www.thetorocompany.com/invest. Webcast participants will need to complete a brief registration form and should allocate extra time before the webcast begins to register and, if necessary, download and install audio software. Forward-Looking Statements This news release contains forward-looking statements, which are being made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on management’s current assumptions and expectations of future events, and often can be identified by words such as “expect,” “strive,” “looking ahead,” “outlook,” “guidance,” “forecast,” “goal,” “optimistic,” “anticipate,” “continue,” “plan,” “estimate,” “project,” “believe,” “should,” “could,” “will,” “would,” “possible,” “may,” “likely,” “intend,” “can,” “seek,” “potential,” “pro forma,” or the negative thereof or similar expressions. Forward-looking statements involve risks and uncertainties that could cause actual events and results to differ materially from those projected or implied. Particular risks and uncertainties that may affect our operating results or financial position include: worldwide economic conditions, including slow or negative growth rates in global and domestic economies and weakened consumer confidence; disruption at our manufacturing or distribution facilities, including drug cartel-related violence affecting our maquiladora operations in Juarez, Mexico; fluctuations in the cost and availability of raw materials and components, including steel, engines, hydraulics and resins; the impact of abnormal weather patterns, including unfavorable weather conditions exacerbated by global climate change or otherwise; the impact of natural disasters and global pandemics; the level of growth or contraction in our key markets; government and municipal revenue, budget and spending levels; dependence on The Home Depot as a customer for our residential business; elimination of shelf space for our products at dealers or retailers; inventory adjustments or changes in purchasing patterns by our customers; our ability to develop and achieve market acceptance for new products; increased competition; the risks attendant to international relations, operations and markets, including political, economic and/or social instability and conflict, tax and trade policies in the U.S. and other countries in which we manufacture or sell our products, and implications of the United Kingdom’s process for exiting the European Union; foreign currency exchange rate fluctuations; our relationships with our distribution channel partners, including the financial viability of our distributors and dealers; risks associated with acquisitions; management of our alliances or joint ventures, including Red Iron Acceptance, LLC; the costs and effects of enactment of, changes in and compliance with laws, regulations and standards, including those relating to consumer product safety, conflict mineral disclosure, taxation, trade and tariffs, healthcare, and environmental, health and safety matters; unforeseen product quality problems; loss of or changes in executive management or key employees; the occurrence of litigation or claims, including those involving intellectual property or product liability matters; and other risks and uncertainties described in our most recent annual report on Form 10-K, subsequent quarterly reports on Form 10-Q, and other filings with the Securities and Exchange Commission. We make no commitment to revise or update any forward-looking statements in order to reflect events or circumstances occurring or existing after the date any forward-looking statement is made.
News Article | May 25, 2017
News Article | May 11, 2017
Established in 1981, COMPUTEX TAIPEI is the leading global ICT and IoT show with a complete supply chain and ecosystems. Co-organized by the Taiwan External Trade Development Council (TAITRA) and Taipei Computer Association (TCA), COMPUTEX, based upon Taiwan’s complete ICT clusters, covers the whole spectrum of the ICT industry, from established brands to startups and from ICT supply chain to IoT ecosystems. With strong R&D and manufacturing capabilities and IPR protection, Taiwan is a strategic destination for foreign companies and investors looking for partners in global technology ecosystems. Follow COMPUTEX on its website at www.computextaipei.com.tw and on Twitter @computex_taipei using the hashtag #COMPUTEX. Founded in 1970 to help promote foreign trade, the Taiwan External Trade Development Council (TAITRA) is the foremost non-profit trade promotion organization in Taiwan. Jointly sponsored by the government, industry associations, and several commercial organizations, TAITRA assists Taiwan businesses and manufacturers with reinforcing their international competitiveness and in coping with the challenges they face in foreign markets. TAITRA boasts a well-coordinated trade promotion and information network of over 1,200 trained specialists stationed throughout its Taipei headquarters; four local branch offices in Hsinchu, Taichung, Tainan, and Kaohsiung; and 60 overseas branch offices worldwide. Together with its sister organizations, Taiwan Trade Center (TTC) and Taipei World Trade Center (TWTC), TAITRA has created a wealth of trade opportunities through effective promotion strategies. In addition to organizing trade delegations & providing customized procurement services, TAITRA also hosts more than 35 international trade shows annually in Taipei and in Kaohsiung. In 2016, 11,128 exhibitors and 83,807 international visitors took part in these events.
News Article | May 15, 2017
Sophia Antipolis, 15 May 2017: oneM2M, the global standards initiative for Machine-to-Machine (M2M) and the Internet of Things (IoT), today announced that Hewlett Packard Enterprise (HPE) will give exclusive insight into how oneM2M’s industry standards are deployed in real-world scenarios during a jointly-hosted webinar on Thursday, May 18 at 16:00 CET / 14:00 UTC / 10:00 EDT. The presentation will be the first in a series of webinars designed to highlight various implementations of oneM2M across the technology industry. Presented by Claus Hansen, Worldwide Director, Internet of Things, at HPE and Pierre-Yves Descombes, Internet of Things Product Manager at HPE, the webinar will provide an update on how the HPE Universal IoT Platform aligns with the oneM2M industry standard and give insight on how deployments such as HPE’s are accelerating the adoption of the IoT. Launched in May 2016, the network- and vendor-agnostic Universal IoT Platform is designed to remove barriers for mass IoT adoption. It enables IoT operators to simultaneously manage heterogeneous sets of sensors and operate vertical applications on M2M devices, as well as process, analyse and monetise collected data in a single secure cloud platform. “As the number of IoT devices in networks continues to rise rapidly, there is a growing need for enterprises and service providers to deploy horizontal solutions that can connect and manage devices interoperably,” said Nigel Upton, Worldwide Director & General Manager, IoT/GCP, at HPE. “By deploying the oneM2M standard for our Universal IoT Platform, HPE has enabled these enterprises to add new functionalities and benefits for users. During the webinar, we will introduce some use cases and display how the oneM2M standard has helped HPE act as a driving force in building essential IoT infrastructure.” HPE will also discuss how deploying the oneM2M standard has helped it address the challenges of fragmentation, integration complexity, information sharing and high development cost. “The scope and diversity of the IoT is growing all the time and platforms such as HPE’s have a huge role in ensuring that everyone receives the best value and service from it,” said Roland Hechwartner, Vice Chair of the Technical Plenary at oneM2M. “The use of the oneM2M standard in its Universal IoT Platform is one of many major deployments of the standard over the last 12 months and we are sure the webinar will provide some great insight into this real-world application.” To register for the free webinar, please follow this link: https://www.brighttalk.com/webcast/11949/260469 About oneM2M oneM2M is the global standards initiative that covers requirements, architecture, API specifications, security solutions and interoperability for Machine-to-Machine and IoT technologies. oneM2M was formed in 2012 and consists of eight of the world's preeminent standards development organizations: ARIB (Japan), ATIS (U.S.), CCSA (China), ETSI (Europe), TIA (U.S.), TSDSI (India), TTA (Korea), and TTC (Japan), together with six industry fora or consortia (Broadband Forum, CEN, CENELEC, GlobalPlatform, Next Generation M2M Consortium, OMA) and over 200 member organizations. oneM2M specifications provide a framework to support applications and services such as the smart grid, connected car, home automation, public safety, and health. oneM2M actively encourages industry associations and forums with specific application requirements to participate in oneM2M, in order to ensure that the solutions developed support their specific needs. For more information, including how to join and participate in oneM2M, see: www.onem2m.org.
News Article | May 9, 2017
North Canton, Ohio headquartered The Timken Co.'s stock edged 0.52% lower, to close the day at $47.70. The stock recorded a trading volume of 539,098 shares. Timken's shares have gained 9.28% in the last one month, 7.22% in the previous three months, and 46.06% in the past one year. The Company's shares are trading 6.10% and 22.09% above its 50-day and 200-day moving averages, respectively. Shares of the Company, which engineers, manufactures, and markets bearings, transmissions, gearboxes, belts, chains, couplings, and related products worldwide, are trading at a PE ratio of 29.46. Additionally, the stock has a Relative Strength Index (RSI) of 60.43. Visit us today and download your complete report on TKR for free at: http://stock-callers.com/registration/?symbol=TKR On Monday, shares in New Britain, Connecticut headquartered Stanley Black & Decker Inc. ended the session 0.04% higher at $138.66 with a total volume of 770,444 shares traded. Stanley Black & Decker's shares have advanced 4.72% in the last one month and 13.62% in the previous three months. Furthermore, the stock has gained 26.96% in the past one year. Shares of the Company, which provides tools and storage, commercial electronic security, and engineered fastening systems worldwide, are trading at a PE ratio of 17.72. The stock is trading 5.07% above its 50-day moving average and 12.83% above its 200-day moving average. Moreover, the Company's shares have an RSI of 69.41. On April 24th, 2017, research firm JP Morgan upgraded the Company's stock rating from 'Neutral' to 'Overweight'. The complimentary research report on SWK can be accessed at: http://stock-callers.com/registration/?symbol=SWK On Monday, shares in Pittsburgh, Pennsylvania-based Kennametal Inc. recorded a trading volume of 909,291 shares, which was higher than their three months average volume of 899,100 shares. The stock ended the day 1.42% lower at $39.55. Kennametal's stock has advanced 0.82% in the last one month and 5.13% in the previous three months. Furthermore, the stock has surged 71.27% in the past one year. The Company's shares are trading above its 50-day and 200-day moving averages by 2.35% and 20.46%, respectively. Furthermore, shares of Kennametal, which provides wear-resistant products, application engineering, and services of material science to the industrial production, transportation, earthworks, energy, construction, process industries, and aerospace sectors worldwide, have an RSI of 50.58. On April 27th, 2017, research firm Barrington Research reiterated its 'Outperform' rating on the Company's stock with an increase of the target price from $45 a share to $50 a share. Register for free on Stock-Callers.com and download the PDF research report on KMT at: Bloomington, Minnesota headquartered The Toro Co.'s stock finished Monday's session 0.19% lower at $66.54 with a total volume of 365,143 shares traded. Over the last one month and the previous three months, Toro's shares have gained 6.75% and 13.37%, respectively. Furthermore, the stock has surged 55.95% in the past one year. Shares of the Company, which designs, manufactures, and markets professional turf maintenance equipment and services, turf irrigation systems, landscaping equipment and lighting products, snow and ice management products, agricultural micro-irrigation systems, rental and specialty construction equipment, and residential yard and snow thrower products worldwide, are trading at a PE ratio of 31.40. The Company's shares are trading above its 50-day and 200-day moving averages by 7.18% and 23.29%, respectively. The Toro's stock has an RSI of 71.27. Get free access to your research report on TTC at: Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. 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News Article | May 12, 2017
TORONTO--(BUSINESS WIRE)--This Monday, May 15, NEW Tide PODS plus Downy will treat Toronto commuters better by handing out complimentary tokens at Union Station. Tide PODS plus Downy is providing free Toronto Transit Commission (TTC) rides as part of the #TreatThemBetter program during the morning and afternoon rush, while quantities last (or up to 25,000 rides). “NEW Tide PODS plus Downy treats your clothes better and we thought it would it would be fitting to celebrate the launch by handing out complimentary tokens and treating Torontonians better too,” said Corinne Durieu, Tide Communications Manager. “With today’s busy lifestyle, convenience is important whether it’s the morning commute or doing laundry. Tide PODS plus Downy can help with that by cleaning and conditioning in just one, easy step.” Tide PODS plus Downy laundry detergent pacs treat clothes better, by offering the trusted Tide clean, now with Downy Fabric Conditioner. The 4-in-1 laundry pacs clean, brighten colours, fight stains and protect clothes from damage while in the wash. In one step, the technology can clean and condition, helping safeguard from stretching and fading in the wash. P&G serves consumers around the world with one of the strongest portfolios of trusted, quality, leadership brands, including Always®, Ambi Pur®, Ariel®, Bounty®, Charmin®, Crest®, Dawn®, Downy®, Fairy®, Febreze®, Gain®, Gillette®, Head & Shoulders®, Lenor®, Olay®, Oral-B®, Pampers®, Pantene®, SK-II®, Tide®, Vicks®, and Whisper®. The P&G community includes operations in approximately 70 countries worldwide. Please visit http://www.pg.com for the latest news and information about P&G and its brands.
News Article | May 9, 2017
TAIPEI, Taiwan--(BUSINESS WIRE)--TAITRA, the Taiwan External Trade Development Council, today announced that InnoVEX, the startup exhibit at COMPUTEX 2017, has attracted 244 exhibitors from 20 countries, including Taiwan, Korea, France, China, the USA, Singapore, the Netherlands, Israel, India, Hong Kong and Japan. InnoVEX will feature startups and business incubators collaborating to build a new ecosystem for the information and communications technology (ICT) industry. Gartner predicted that by 2017, 50 percent of all IoT solutions would originate in startups less than three years old, signaling that innovative business models are becoming the focus of R&D in the global ICT industry. “In recent years, emerging technologies have revolutionized ICT sectors and business models around the world. TAITRA recognized this trend, and added the InnoVEX exhibit last year. Now, it is one of the leading global innovation events. COMPUTEX is a platform to match resources for innovators and startups globally. With activities like demos, forums, keynote speeches and pitch contests, we can drive the industry’s growth and development,” said TAITRA President & CEO Walter Yeh. World’s leading innovators convene at InnoVEX to explore new trends in AI This year, InnoVEX will focus on five major elements: display, demos, forums, pitch contests, and matchmaking. Global startups and investors will gather at the exhibition area for technology exchange and matchmaking. Innovations in IoT, health management, VR/AR, cloud computing, wearables, mobility and AI will be on display to provide an overview of creative technologies from around the world. InnoVEX highlights will include Travis the Translator from the Netherlands, the world’s first pocket-sized AI translation device that can voice-translate 80 languages instantly. BioInspira from the United States will exhibit a gas detector designed for pollution monitoring and early detection/prevention service. Meanwhile, France-based Tempow will introduce many-to-many solutions for Bluetooth connectivity making mobility easier. A-list speakers and contests to inspire imagination about future technologies In addition to demos of various technologies from global innovators, InnoVEX 2017 will continue the much-applauded forums and keynote speeches it started last year. Speakers from world-renowned innovation groups, venture capital investors and leading companies such as Acorn, ALCHEMIST, ARM, Fenox, HARDWARE CLUB and Microsoft will speak on AI, IoT, innovation ecosystems, digital economy and technology policies with a goal of aligning international visions and driving momentum for more innovation. All events will be live-streamed on Twitch to share with speaker insights and forecasts on innovations and entrepreneurial environments. InnoVEX will be held at Exhibition Hall 3 of the Taipei World Trade Center from May 30 to June 1. The 2017 InnoVEX Pitch Contest’s semi-final and final will take place on May 31 and June 1, respectively, with a cash prize of US$30,000 for the winner. The contest aims to encourage the world’s entrepreneurs and innovators to interact with investors and find opportunities to commercialize their innovations. About COMPUTEX TAIPEI (also called COMPUTEX): Established in 1981, COMPUTEX TAIPEI is the leading global ICT and IoT show with a complete supply chain and ecosystems. Co-organized by the Taiwan External Trade Development Council (TAITRA) and Taipei Computer Association (TCA), COMPUTEX, based upon Taiwan’s complete ICT clusters, covers the whole spectrum of ICT industry, from established brands to startups and from ICT supply chain to IoT ecosystems. With strong R&D and manufacturing capabilities and IPR protection, Taiwan is a strategic destination for foreign companies and investors looking for partners in global technology ecosystems. Follow COMPUTEX on its website at www.computextaipei.com.tw and on Twitter @computex_taipei using the hashtag #COMPUTEX. About TAITRA: Founded in 1970 to help promote foreign trade, the Taiwan External Trade Development Council (TAITRA) is the foremost non-profit trade promotion organization in Taiwan. Jointly sponsored by the government, industry associations, and several commercial organizations, TAITRA assists Taiwan businesses and manufacturers with reinforcing their international competitiveness and in coping with the challenges they face in foreign markets. TAITRA boasts a well-coordinated trade promotion and information network of over 1,200 trained specialists stationed throughout its Taipei headquarters, four local branch offices in Hsinchu, Taichung, Tainan and Kaohsiung, and 60 overseas branch offices worldwide. Together with its sister organizations, Taiwan Trade Center (TTC) and Taipei World Trade Center (TWTC), TAITRA has created a wealth of trade opportunities through effective promotion strategies. In addition to organizing trade delegations and providing customized procurement services, TAITRA also hosts more than 35 international trade shows annually in Taipei and in Kaohsiung. In 2016, 11,128 exhibitors and 83,807 international visitors took part in these events.