HIGHLAND HEIGHTS, Ky. - Friday, August 5th 2016 [ME NewsWire]
(BUSINESS WIRE)-- General Cable Corporation (NYSE: BGC) reported today results for the second quarter ended July 1, 2016. For the quarter, reported diluted earnings per share from continuing operations was $0.68 and reported operating income from continuing operations was $58 million. The Company generated adjusted earnings per share from continuing operations for the quarter of $0.30 and adjusted operating income from continuing operations of $49 million. See page 3 and 4 of this press release for the reconciliation of reported to adjusted results and related disclosures.
Michael T. McDonnell, President and Chief Executive Officer, said, “Our solid financial performance in the quarter, generated in spite of a relatively weak and choppy demand environment, reflects the results of our focused execution and the significant operational improvements that we have made in the Company. Adjusted operating in
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Acquisition establishes a French innovation platform for Hallstar in the rapidly growing bioactives market
CHICAGO - Friday, August 5th 2016 [ME NewsWire]
(BUSINESS WIRE)-- Hallstar, a specialty chemistry company based in Chicago, announced today that it has acquired bioactive ingredient supplier Oléos. Located in Montpellier, France, Oléos's proprietary oleo eco-extraction technology produces 100 percent natural, sustainable and clinically proven bioactive compounds for cosmetic applications including anti-aging qualities, dark spot diminishment and skin whitening.
“Oléos’s unique capabilities and technology will enhance Hallstar’s technology platform with patented, clinically proven natural active ingredients for beauty and personal care,” said John Paro, chairman, president and CEO of Hallstar. “As we grow our global footprint, the south of France puts us at the heart of cosmetic innovation.
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- Product mix and cost reductions help raise income -
IWATA, Japan - Thursday, August 4th 2016 [ME NewsWire]
(BUSINESS WIRE)-- Yamaha Motor Co., Ltd. (TOKYO:7272)(ISIN:JP3942800008) announced today that in the first half of the fiscal year ending December 31, 2016, motorcycle business income in emerging markets rose thanks to improvements in product mix and cost reductions. Strong earnings were achieved despite a fall in net sales value due to unit sales declines in countries including Indonesia and Brazil.
Total consolidated net sales of 778.3 billion yen were down 6.1 percent from the previous year and operating income of 65.4 billion yen was down 10.9 percent. Sales and income in developed markets decreased, largely the result of the appreciated yen.
By segment, unit sales of electrically power assisted bicycles rose in Japan. A significant increase in exports to Europe of E-kits, the drive units for these bicycles, helped the “other pr
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NEUCHATEL, Switzerland - Thursday, August 4th 2016 [ME NewsWire]
(BUSINESS WIRE)-- Masimo (NASDAQ: MASI) announced today the CE marking for the pediatric indication for O3™ regional oximetry with the O3 pediatric sensor. Regional oximetry, also referred to as tissue or cerebral oximetry, helps clinicians monitor cerebral oxygenation.
O3 regional oximetry uses near-infrared spectroscopy (NIRS) to continuously monitor absolute and trended regional tissue oxygen saturation (rSO2) in the cerebral region. Early detection and correction of imbalances in oxygen delivery to the brain and vital organs are important tools in helping patients avoid postoperative morbidity and adverse outcomes.1 With the release of the O3 pediatric sensor, O3 regional oximetry monitoring of rSO2 is now available to pediatric patients weighing less than 40 kg (88 lbs).
“O3 regional oximetry provides access to valuable data about cerebral oxygen saturation, and studies have sho
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