Foldax Named Cardiovascular Device Company of the Year by MedTech Outlook

Foldax® announced today that it has been selected as Company of the Year among 10 cardiovascular device company finalists by MedTech Outlook Magazine. Foldax was honored for its innovative Tria™ heart valve, the first biopolymer heart valve to receive FDA approval for a U.S. clinical trial.

Foldax has reinvented every aspect of the artificial heart valve – from material to design to manufacturing – to develop surgical and transcatheter valves designed to last a lifetime that address historical tradeoffs. The Tria heart valve is made with its proprietary LifePolymer™ biopolymer that, combined with an innovative valve design, is intended to eliminate calcification, withstand stresses and strains in the heart without failure, and restore patient quality of life without lifelong anticoagulant use.

Tria is also the first and only heart valve to be robotically manufactured, reducing variability and enabling high precision, repeatability and quality, while substantially improving the economics of heart

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Maersk Raises Outlook as Shipping Giant Sees Demand Rebound

(Bloomberg) — A.P. Moller-Maersk A/S raised its full-year guidance amid a recovery in demand and sweeping efforts to cut costs.



a large ship in the background: Inside DP World Plc London Gateway Port


© Bloomberg
Inside DP World Plc London Gateway Port

The container shipping company, which is eliminating hundreds of jobs, said earnings before interest, taxes, depreciation and amortization will be in the range of $7.5 billion to $8 billion, before restructuring and integration costs. That compares with an earlier forecast of $6 billion to $7 billion, according to a statement.

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“The upgrade underlines the strong earnings momentum,” Brian Borsting, a credit analyst at Danske Bank A/S, said in a client note.

Copenhagen-based Maersk, which transports about 15% of the globe’s seaborne freight, said there was a “continued recovery in demand” in the third quarter. It reported revenue of $9.9 billion for the quarter, and an EBITDA before costs of $2.4 billion.

Maersk is undertaking a major restructuring as the

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Nvidia Analysts Laud New Products and Growth Outlook

Nvidia  (NVDA) – Get Report shares rose on Tuesday after analysts praised the semiconductor titan as it unveiled new products and issued a strong growth outlook for its data-center market.

The Santa Clara, Calif., graphics-chip specialist made the announcements during a technology conference. 

Nvidia’s shares recently traded at $564.08, up 3.4%. They have well more than doubled year to date. And they have more than tripled since they touched a 52-week low $176.50 almost exactly a year ago.

As for the analyst comments, “Nvidia’s pace of innovation appears to be accelerating, and its execution is going into overdrive as it continues to expand its ecosystem and open up a much larger [total addressable market] in the compute landscape,” wrote BMO Capital Markets analyst Ambrish Srivastava.

He rates the stock outperform and increased his share-price target to $650 from $565.

J.P. Morgan analyst Harlan Sur has an overweight rating

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Micron Technology: Good Quarter, Soft Outlook (NASDAQ:MU)

My coverage on Micron Technology (MU) has been lacking so far in 2020 as the year was and continues to be dominated by Covid-19. In fact, the last update dates back late December as I concluded that a recovery was priced into the shares at $55 at the time.

Shares have fallen by another $10 to $45 due to the impact of Covid-19; yet unlike many semiconductor plays, Micron has not been enjoying the same momentum in its operating business. I like the valuation here, yet am not chasing shares here yet, although I am inclined to buy a further dip.

What Happened?

Over the past decade, Micron has been riding the wave of increased demand for its products for all the obvious reasons and megatrends, which have been underlining the increase in demand. While its business is typically somewhat of a commodity business (certainly in the past) on a

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Global Sixth Generation (6G) Wireless Market Technology and Solution Outlook Report 2020-2030

The “Global Sixth Generation (6G) Wireless Market: Technology and Solution Outlook 2020-2030” report has been added to ResearchAndMarkets.com’s offering.

This market research report focuses on sixth generation (6G) technology, solutions, applications and services.

The report evaluates the anticipated technical direction for what is likely to come beyond 5G with emphasis on the anticipated economic impacts and opportunities for the information and communications technology ecosystem. This includes solutions, applications and services that vendors are likely to develop for ICT service providers that involve 6G technologies.

The report provides a vision into the evolution of communications, applications, content and commerce in a post-6G world such as the evolution of networking, service provider business models, and the relationship between wireless and other facets of ICT such as intelligence, computing, and analytics. The report provides qualitative and quantitative analysis for the 2020 to 2030 time-frame.

Starting in 2018, the publisher began to formulate a

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Melt Pump Market : Rising Trends with Top Countries Data, Technology and Business Outlook 2020 to 2026

The MarketWatch News Department was not involved in the creation of this content.

Sep 28, 2020 (The Expresswire) —
Melt Pump Market” is valued at 412.9 million USD in 2020 is expected to reach 509 million USD by the end of 2026, growing at a CAGR of 3.0% during 2021-2026, According to New Research Study. 360 Research Reports provides key analysis on the global market in a report, titled “Melt Pump Market by Types (Standard melt pump, High temperature melt pump, High pressure melt pump, High temperature and high pressure melt pump), Applications (Chemical Industry, Food and Beverage Industry, Textile Industry, Others) and Region – Global Forecast to 2026” Browse Market data Tables and Figures spread through 118 Pages and in-depth TOC on Melt Pump Market.

COVID-19 can affect the global economy in three main ways: by directly affecting production and demand, by creating supply chain and market disruption,

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Fuel Cell Market : Rising Trends with Top Countries Data, Technology and Business Outlook 2020 to 2026

The MarketWatch News Department was not involved in the creation of this content.

Sep 29, 2020 (The Expresswire) —
Fuel Cell Market” is valued at 5057.3 million USD in 2020 is expected to reach 40030 million USD by the end of 2026, growing at a CAGR of 34.0% during 2021-2026, According to New Research Study. 360 Research Reports provides key analysis on the global market in a report, titled “Fuel Cell Market by Types (PEMFCs, SOFC, MCFC, DMFC), Applications (Transport, Stationary, Portable) and Region – Global Forecast to 2026” Browse Market data Tables and Figures spread through 124 Pages and in-depth TOC on Fuel Cell Market.

COVID-19 can affect the global economy in three main ways: by directly affecting production and demand, by creating supply chain and market disruption, and by its financial impact on firms and financial markets.

Final Report will add the analysis of the impact of

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Microsoft says ‘configuration update’ caused global Outlook outage

  • Microsoft is trying to fix a worldwide outage after a software “configuration update” left users unable to use their email accounts as normal.
  • Several hours after users started to notice the outage, Microsoft said it had figured out the cause of the outage.
  • The outage comes as increasing numbers of people are working remotely due to the coronavirus pandemic. 



a person standing in front of a building: Pedestrians wearing protective masks walk past a Microsoft Technology Center in New York, on Wednesday, July 22, 2020.


© Provided by CNBC
Pedestrians wearing protective masks walk past a Microsoft Technology Center in New York, on Wednesday, July 22, 2020.

Microsoft is trying to fix a worldwide outage after a software “configuration update” left many users unable to access their Outlook email.

“We’ve received reports of users experiencing issues accessing their Exchange Online accounts via Outlook on the Web”, an official Microsoft account 

 early on Thursday morning.

Several hours after users started to notice the outage, Microsoft said it had figured out the cause of the outage.

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Bayer Slumps as Bleak Crop Outlook Saps Monsanto Rationale

(Bloomberg) — Bayer AG slumped after the agriculture and pharma giant said it would have to slash costs as the pandemic’s impact on farm commodities extends into next year, further undermining the rationale for its $63 billion purchase of Monsanto Co.

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The stock fell as much as 13% in German trading, knocking 6.6 billion euros ($7.7 billion) from a market value that has sagged well below the price paid for Monsanto. Bayer, already reeling from a legal battle over its Roundup herbicide, said late Wednesday it would cut 1.5 billion euros of annual costs and may also eliminate jobs and sell businesses.

Chief Executive Officer Werner Baumann is confronting multiple challenges just after getting his contract extended. Besides Roundup, the German company faces slumping crop prices and weakening demand for biofuel that threaten its agriculture unit two years after the controversial Monsanto takeover.

“It was already quite clear

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Looking at the Improving Outlook Ahead of Q3 Earnings Season

Note: The following is an excerpt from this week’s Earnings Trends report. You can access the full report that contains detailed historical actual and estimates for the current and following periods, please click here>>>

Here are the key points:

  • The outlook for corporate earnings has been steadily improving since early July, driven mostly by a better-than-expected economic recovery. This trend has been confirmed by the early 2020 Q3 recent earnings releases.
     
  • For 2020 Q3, total S&P 500 earnings are expected to decline -22.8% on -2.8% lower revenues. This is an improvement from the -26.5% earnings decline expected at the start of July and follows the -32.4% earnings drop in Q2.
     
  • Sectors with the weakest Q3 growth outlook remain the social-distancing exposed spaces like Transportation (-122.5% earnings decline), Energy (-102.2%), and Consumer Discretionary (-85.7%).
     
  • Out of the total 16 Zacks sectors, 14 sectors are expected to experience earnings declines in Q3,
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