Tuesday, February 7, 2017

FLIGHT RESEARCH, INC. COMPLETES WORLD'S FIRST SUPERSONIC CIVILIAN UPSET RECOGNITION AND RECOVERY TRAINING COURSE

The Flight Research Upset Recognition and Recovery Training combats the number one cause of worldwide fatal aircraft accidents; Flight Research, Inc. is the only provider of URRT in supersonic aircraft for professional pilots

MOJAVE, Calif., Feb 7 (Bernama-GLOBE NEWSWIRE) -- Flight Research instructor and former NASA astronaut Billy Oefelien just gave a certificate of completion to the first ever civilian professional pilot to complete upset training in supersonic flight. Oefelien says, "It is a wonderful experience to train pilots to this ultimate level of competence and prepare them to save lives through this course."



Monday, February 6, 2017

UCAAS ADOPTION SURGES AS ENTERPRISES EMBRACE CLOUD, ACCORDING TO 2ND ANNUAL BROADSOFT GLOBAL BUSINESS SURVEY

More than half of businesses are expected to adopt cloud unified communications by 2020; survey of global telecom providers also points to accelerated adoption of cloud contact center and team collaboration services

GAITHERSBURG, Md., Feb 6 (Bernama-GLOBE NEWSWIRE) -- More than half (51%) of businesses are expected to adopt cloud Unified Communications (UCaaS/Hosted PBX) by 2020, surpassing premise-based PBX as businesses of all sizes shift to the cloud for unified communications, team collaboration and contact center services, according to the 2nd Annual BroadSoft, Inc. (NASDAQ:BSFT) survey of global telecom providers and industry leaders.



QUALCOMM AND TDK ANNOUNCE LAUNCH OF JOINT VENTURE

— RF360 Holdings to Enable Delivery of RF front-end (RFFE) modules and RF filters into fully integrated systems for mobile devices, automotive and IoT —
 
SAN DIEGO & TOKYO, Feb 6 (Bernama-BUSINESS WIRE) -- Qualcomm Incorporated (NASDAQ:QCOM) and TDK Corporation (TOKYO:6762) today announced the completion of the previously announced joint venture under the name RF360 Holdings Singapore PTE. Ltd. (RF360 Holdings). The joint venture will enable Qualcomm’s RFFE Business Unit to deliver RF front-end (RFFE) modules and RF filters into fully integrated systems for mobile devices and fast-growing business segments, such as Internet of Things (IoT), automotive applications, connected computing, and more. The business being transferred constitutes a part of the TDK SAW Business Group activities.


Friday, February 3, 2017

NASDAQ REPORTS FOURTH QUARTER 2016 WITH RECORD REVENUES(1); ANNOUNCES SEGMENT REALIGNMENT AND REBRANDING OF FIXED INCOME

-Net revenues were a record $599 million in the fourth quarter of 2016, up 12% year-over-year.  Subscription and recurring revenues2 in the fourth quarter of 2016 represented 75% of total net revenues.  
-Revenues in non-trading segments3 in the fourth quarter of 2016 grew 11%, including organic revenue growth of 5%4.
-At December 31, 2016, the company achieved $38 million in annualized run-rate cost synergies for the acquisitions completed in 2016 out of a targeted $60 million expected upon completion of integration.
-Fourth quarter GAAP 2016 diluted loss per share was $1.35.  Non-GAAP diluted EPS was $0.95.  GAAP diluted EPS declined $2.23 from the fourth quarter of 2015, while non-GAAP diluted EPS increased $0.06, or 7%.
-Non-GAAP results exclude $646 million in pre-tax charges primarily related to the write-off of the eSpeed trade name.
-Nasdaq realigned reporting segments to better reflect client orientation.  A new Corporate Services segment incorporates Listing Services and Corporate Solutions while Market Technology is now a stand-alone segment.

NEW YORK, Feb 2 (Bernama-GLOBE NEWSWIRE) -- Nasdaq, Inc. (Nasdaq:NDAQ) today reported financial results for the fourth quarter of 2016.  Fourth quarter net revenues were $599 million, up $63 million or 12% from $536 million in the prior year period, driven primarily by a $54 million positive impact from acquisitions.  Organic growth in non-trading segments was 5%4 as compared to the fourth quarter of 2015. 

Thursday, February 2, 2017

KEIO PLAZA HOTEL TOKYO HOSTS HINAMATSURI GIRLS' DOLLS FESTIVAL EXHIBITION

Displaying 6,500 Hanging Decorations and Japanese Bonsai

TOKYO, Feb 2 (Bernama-BUSINESS WIRE) -- Keio Plaza Hotel Tokyo, one of Japan's most prestigious international hotels located in Shinjuku, Tokyo, will host a special exhibition of traditional Japanese arts to celebrate traditional Hinamatsuri girls' doll festival by displaying various traditional art ornaments in the hotel from February to March, 2017. This annually held exhibition has been extremely well received by guests, and this year features some 6,500 finely hand woven silk doll decorations, Japanese art ukiyoe items depicting scenes of "Japanese female culture", and "Bonsai" miniature decorative sculptured plants to give visitors a taste of Japan's traditional arts representative of the "Hinamatsuri Girls' Doll Festival".



TOSHIBA LAUNCHES 600V/650V SUPER JUNCTION N-CHANNEL POWER MOSFETS WITH IMPROVED EMI PERFORMANCE

TOKYO, Feb 2 (Bernama-BUSINESS WIRE) -- Toshiba Corporation’s (TOKYO:6502) Storage & Electronic Devices Solutions Company today announced the launch of 600V/650V super junction N-channel power MOSFETs with improved EMI performance for use in industrial and office equipment. The new “DTMOS V series” will start with a line-up of twelve products. Sample shipments start today with mass production shipments scheduled for the middle of March.
 
The new series maintains the same level of low on-resistance and high speed switching performance of Toshiba’s current “DTMOS IV series,” while an optimized design process improves EMI performance by approximately 3 to 5dB[1]. Also, reducing the on-resistance per area (RON x A) performance made it possible to add a new 650V 0.29Ω product into the DPAK package line-up. Products in the new series are suited for use in power supplies for industrial and office equipment that require high efficiency and compact size, adaptors and chargers for notebook PCs and mobile devices, and PCs and printers.


A.M. BEST REVISES OUTLOOKS TO NEGATIVE FOR ERGO INSURANCE PTE. LTD.

SINGAPORE, Jan 31 (Bernama-BUSINESS WIRE) -- A.M. Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” of ERGO Insurance Pte. Ltd. (ERGO Insurance) (Singapore).
 

The revised outlooks reflect the declining trends in ERGO Insurance’s risk-adjusted capitalization and operating performance relative to its peers. The company’s risk-adjusted capitalization, as measured by Best’s Capital Adequacy Ratio (BCAR), has trended downward due to high dividend payments and retained losses in 2016. Additionally, planned premium growth is expected to increase underwriting leverage, which could further lower its risk-adjusted capitalization going forward.

In response, ERGO Insurance has taken remedial actions by focusing on its historically profitable lines of business and adopting cost reduction measures to improve operating performance.