Akoustis Technologies Receives New Order

Akoustis Technologies Receives New Order

Akoustis Technologies said pre-market Wednesday it received a purchase order from an unnamed Fortune 500 US company for the development of high-performance BulkONE bulk acoustic wave diplexers for non-mobile communication systems.Financial terms were’t disclosed. The company said the purchase order covers the cost of engineering development and initial delivery of BAW RF diplexers for applications in a frequency spectrum below 1.5 GHz. Akoustis said it will provide small form-factor bandpass […]

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Wecast Network Partners With Pantaflix

Wecast Network Partners With Pantaflix

Wecast Network, a B2B service provider, said it has entered into a joint venture with Berlin’s Pantaflix, a cloud-based video on demand platform. The joint venture will be owned by Pantaflix (50%), WCST (40%), and Redrock Capital Group Limited (10%). It will be headquartered in Germany and with locations in both China and the US. It will offer a business-to-business video on demand service globally, the companies said. Within 36 […]

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European Equity Benchmarks Finish Higher

European Equity Benchmarks Finish Higher

The broad-based major European indices closed higher in Monday’s trading session, as rising bank stocks, utilities, and mining companies helped lift the markets. In economic news, a new report from British economic forecasting group EY Item Club said the U.K. economy is starting to slow down, and expects unemployment to rise over the next two years to 5.8% in 2019 from its current level of 4.7%. “Factors including Brexit, technological […]

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Energy Transfer Partners Enters Equity Distribution Agreement

Energy Transfer Partners Enters Equity Distribution Agreement

Energy Transfer Partners has entered into an equity distribution agreement with several large Wall Street banks (sales agents) to sell, from time to time, the partnership’s common units representing limited partner interest with an aggregate offering price of up to $1 billion, according to a filing with the Securities and Exchange Commission. Under the terms of the agreement, the partnership may also sell units from time to time to any […]

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GlaxoSmithKline and Innoviva Release Positive Data

GlaxoSmithKline and Innoviva Release Positive Data

GlaxoSmithKline and Innoviva on Friday unveiled positive data for the Relvar Ellipta asthma treatment. Results from the Salford Lung Study in asthma, carried out among 4,233 patients treated by their own general practitioner in everyday clinical practice, showed that significantly more asthma patients treated with Relvar Ellipta achieved an improvement in their asthma control compared with patients who continued to take their usual care medicines, the companies said. Relvar Ellipta […]

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