SUMITOMO’S NEW DFC DOUBLE-SIDED 90º MILLING CUTTER ACHIEVES LONG-TERM ACCURACY AND HIGH EFFICIENCY

Mount Prospect, IL – New from Sumitomo Electric Carbide Inc., the DFC Double-Sided 90º Milling Cutter is engineered for exceptional precision and efficiency.

The high toughness and special shape of the DFC six-edge insert ensure long-term, stable cutting and high efficiency machining with high feed rates. Cutting edges are optimized to provide excellent surface finishes.

Low cutting forces and high wear resistance of Sumitomo’s DFC result in a long tool life. Machining accuracy is enhanced through the separation of the insert contact areas and cutting edges. In addition, a double-sided insert design reduces costs.

Recommended insert grades for steel include ACP200 and ACP300. For stainless steel applications, ACM200 insert grades are recommended and for cast iron applications, ACK200 and ACK300 insert grades are recommended.

The DFC is available in 1” to 8” in standard, fine pitch and extra-fine pitch styles for a variety of applications. Maximum depth of cut is 6mm.

For a limited time, Sumitomo is offering special savings on DFC Cutters, including BOGO, kit prices, free cutter with the purchase of inserts, and purchase of 30 inserts get 10 free. Offer ends March 31, 2016.

For more information, contact Sumitomo Electric Carbide, Inc., 1001 Business Center Drive, Mount Prospect, IL 60056, Phone: (800) 950-5202, Fax: (847) 635-9335, e-mail: info@sumicarbide.com, or visit sumicarbide.com/milling_dfc.htm.

Saint-Gobain 2015 Results

Performance and Results Snapshot:

Operating income up 2.2% on a like-for-like basis
Following the sale of the Packaging business and in accordance with IFRS 5, the business (including Verallia North America) was reclassified within “Net income from discontinued operations” in the 2014 and 2015 income statement.

  • Organic growth at 0.4% with stable volumes (up 0.1%)
  • Positive 3.0% currency impact on sales, positive impact of only 1.4% in H2; minimal Group structure impact after reclassification of the Packaging business
  • Further strong growth in net income, up 36%
  • Sharp decrease in net debt, down to €4.8 billion
  • 2015 dividend: stable at €1.24, to be paid wholly in cash

More information on Saint-Gobain Companies Worldwide:

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NGS Products – Industrial Furniture

[fusion_builder_container hundred_percent=”yes” overflow=”visible”][fusion_builder_row][fusion_builder_column type=”1_1″ background_position=”left top” background_color=”” border_size=”” border_color=”” border_style=”solid” spacing=”yes” background_image=”” background_repeat=”no-repeat” padding=”” margin_top=”0px” margin_bottom=”0px” class=”” id=”” animation_type=”” animation_speed=”0.3″ animation_direction=”left” hide_on_mobile=”no” center_content=”no” min_height=”none”][fusion_text]

NGS Products recently announced a range of new products that will be available in Ireland, The United Kingdom and the US

[/fusion_text][/fusion_builder_column][fusion_builder_column type=”2_3″ last=”no” spacing=”yes” center_content=”no” hide_on_mobile=”no” background_color=”” background_image=”” background_repeat=”no-repeat” background_position=”left top” hover_type=”none” link=”” border_position=”all” border_size=”0px” border_color=”” border_style=”solid” padding=”” margin_top=”” margin_bottom=”” animation_type=”” animation_direction=”” animation_speed=”0.1″ animation_offset=”” class=”” id=””][fusion_text]NGS Products have launched a new range of bespoke Industrial Furniture designed to meet the needs of the work performed at the workstation or desk. All workstations and desks are designed with ergonomics the forefront of the design. The Office range includes:

All bespoke office furniture is available in Ireland, the United Kingdom and the United States.[/fusion_text][/fusion_builder_column][fusion_builder_column type=”1_3″ last=”yes” spacing=”yes” center_content=”no” hide_on_mobile=”no” background_color=”” background_image=”” background_repeat=”no-repeat” background_position=”left top” hover_type=”none” link=”” border_position=”all” border_size=”0px” border_color=”” border_style=”solid” padding=”” margin_top=”” margin_bottom=”” animation_type=”” animation_direction=”” animation_speed=”0.1″ animation_offset=”” class=”” id=””][fusion_button link=”http://www.ngsproducts.ie/” color=”green” size=”large” stretch=”” type=”flat” shape=”pill” target=”_blank” title=”Contact NGS Products for more information on our Industrial Furniture range” gradient_colors=”|” gradient_hover_colors=”|” accent_color=”” accent_hover_color=”” bevel_color=”” border_width=”1px” icon=”fa-search” icon_position=”left” icon_divider=”yes” modal=”” animation_type=”0″ animation_direction=”down” animation_speed=”0.1″ animation_offset=”” alignment=”left” class=”” id=””]NGS Products[/fusion_button][fusion_text]Contact NGS Products for more information on our Industrial Furniture and view our website for our full range of products and services.[/fusion_text][fusion_imageframe lightbox=”no” lightbox_image=”” style_type=”none” hover_type=”none” bordercolor=”” bordersize=”0px” borderradius=”0″ stylecolor=”” align=”none” link=”” linktarget=”_self” animation_type=”0″ animation_direction=”down” animation_speed=”0.1″ animation_offset=”” hide_on_mobile=”no” class=”” id=””] [/fusion_imageframe][/fusion_builder_column][fusion_builder_column type=”1_1″ background_position=”left top” background_color=”” border_size=”” border_color=”” border_style=”solid” spacing=”yes” background_image=”” background_repeat=”no-repeat” padding=”” margin_top=”0px” margin_bottom=”0px” class=”” id=”” animation_type=”” animation_speed=”0.3″ animation_direction=”left” hide_on_mobile=”no” center_content=”no” min_height=”none”][fusion_text]

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3M Increases Dividend 8 Percent; Authorizes $10 Billion Share Repurchase Program

The 3M Board of Directors (NYSE:MMM) today declared a dividend on the company’s common stock of $1.11 per share for the first quarter of 2016, an 8 percent increase over the quarterly dividend paid in 2015. The dividend is payable March 12, 2016, to shareholders of record at the close of business on Feb. 12, 2016. 3Mhas paid dividends to its shareholders without interruption for more than 99 years.

The board also authorized the repurchase of up to $10 billion of 3M’s outstanding common stock, replacing the company’s existing repurchase program. The authorization has no pre-established closing date.

“Investing in our business remains priority one, while at the same time our strong and consistent cash generation also allows 3M to return significant cash to shareholders,” said Inge G. Thulin, 3M chairman, president and chief executive officer.

During the past 10 years, the company has returned $46 billion to shareholders through a combination of dividends and gross share repurchases, or 110 percent of reported net income.

As of Dec. 31, 2015, 3M had 609,330,124 common shares outstanding and 84,808 shareholders of record.

The 3M Board of Directors also set March 11, 2016, as the record date for the determination of stockholders entitled to notice of, and to vote at, the Annual Meeting of Stockholders to be held on Tuesday, May 10, 2016.

About 3M
At 3M, we apply science in collaborative ways to improve lives daily. With $30 billion in sales, our 90,000 employees connect with customers all around the world. Learn more about 3M’s creative solutions to the world’s problems at www.3M.com or on Twitter @3M or @3MNewsroom.

Source: 3M

3M

Investor Contacts:

Bruce Jermeland, 651-733-1807

or

Mike Kronebusch, 651-733-1141

or

Media Contact:

Lori Anderson, 651-733-0831

Sandvik Interim Report Fourth Quarter 2015

Interim Report Fourth Quarter 2015

Fourth Quarter 2015

Continuing operations

  • Order intake 19,531 million SEK
  • Invoiced sales 20,940 million SEK
  • Operating profit 770 million SEK
  • Operating margin 3.7%
  • Adjusted operating profit 2,315 million SEK
  • Adjusted operating margin 11.1%
  • Profit after financial items 266 million SEK
  • Earnings per share -0.12 SEK

Discontinued operations

  • Order intake 745 million SEK
  • Invoiced sales 1,058 million SEK
  • Operating profit 16 million SEK

Group Total

  • Order intake 20,275 million SEK
  • Invoiced sales 21,998 million SEK
  • Operating profit 786 million SEK
  • Adjusted operating profit 2,331 million SEK
  • Earnings per share -0.11 SEK

Proposed dividend

  • Proposed dividend for 2015: 2.5 SEK per share

Additional information may be obtained from Sandvik Investor Relations, tel +46 8 456 14 94 (Ann-Sofie Nordh), +46 8 456 11 94 (Anna Vilogorac) or e-mailing info.ir@sandvik.com

A presentation and teleconference will be held on 3 February 2016 at 10:00 CET. Information is available at www.sandvik.com/ir

Stockholm, 3 February 2016

Sandvik Aktiebolag (publ)

Björn Rosengren

President and CEO

Sandvik discloses the information provided herein pursuant to the Securities Market Act. The information is submitted for publication on 3 February 2016 at 08:00 CET.

——————————————————————————————————————————————————–

Sandvik Group
Sandvik is a high-tech and global engineering group offering advanced products and services that enhance customer productivity, profitability and safety. We hold world-leading positions in selected areas – tools for metal cutting, equipment and tools for the mining and construction industries, stainless materials, special alloys, metallic and ceramic resistance materials as well as process systems. In 2014, the Group had about 47,000 employees and sales of about 89 billion SEK in more than 150 countries. 

Global Shares in the running for Cork ‘Company of the Year’ Awards 2016!

Global Shares has overcome a tough selection process and is shortlisted as a finalist in the Cork Chamber Company of the Year Awards 2016.

Global Shares in the running for Cork ‘Company of the Year’ Awards 2016!

 

The search is on for Cork’s Company of the Year 2016 and Global Shares is in the running! Nominated by Enterprise Ireland and having navigated a rigorous three-step selection process, Global Shares has been announced as a finalist in these prestigious awards. Watch the official Global Shares – Awards Finalist – Video here!

The Cork Chamber Company of the Year Awards, in partnership with Vodafone Ireland, showcase the best of what businesses have to offer. They seek out and celebrate companies who are ‘shining examples’ in the Cork region in terms of their expertise, strategic vision, innovation, performance and employment levels.

Established in Clonakilty 10 years ago, Global Shares relaunched itself in 2015 having transformed its business from a service to a software model.  Selected a finalist in the award category “Cork SME of the Year”, Global Shares has over 80 staff, headquarters in the West Cork Technology Park, Clonakilty, and overseas offices in New York, California, Brazil, London and Lisbon. The company manages employee share plans for companies in over 100 countries around the world.

“Global Shares is very excited and honoured to be selected as a finalist in the prestigious Cork Chamber Company of Year Awards 2016. The team and I are determined to make Global Shares a world class company and we are looking forward to an exciting year of strong growth ahead, bringing us closer to realising our vision to be the leading global provider of employee equity software for our industry. We are very proud of our Cork heritage and the caliber of our employees – a winning combination, which illustrates the endless possibilities that Cork provides”

  • Tim Houstoun, CEO, Global Shares

Over the coming weeks the finalists for the Cork Company of the Year Awards 2016 will be profiled with Media Partners the Irish Examiner as well as promoted through the Cork Chamber Network.  Winners in each category along with the overall winner will be announced at the Cork Chamber Annual Dinner which takes on Friday February 5th.

For more information please contact:

Global Shares Marketing & PR Department:
Email: marketing@globalshares.com
Tel: +353 (0)23 8833 062
www.globalshares.com

Watch our Videos!

Videos:                   www.globalshares.com/media

 

Follow our Blog and Social Media Pages:

Facebook:        https://www.facebook.com/GlobalShares

LinkedIn:                https://www.linkedin.com/company/global-shares

Twitter:             https://twitter.com/GlobalShares

Google+:           https://plus.google.com/GlobalShares

Blog:                    http://www.globalshares.com/blog/

 

 

 

Notes – About Global Shares:

 

Global Shares is a Software-as-a-Service company from West Cork, Ireland, specializing in employee equity plan management solutions for companies, with over 1 million users in 100 countries worldwide and offices in West Cork, London, Lisbon, New York, California and Brazil.  Put simply, we help both public and private companies with every aspect of their Employee Share Plans, providing a fully-automated, customizable and compliant solution, as well as expert support services. Our highly skilled team of software developers & qualified equity professionals have developed this market leading software in-house, which is now being released to an ever increasing portfolio of clients. The platform has been extraordinarily well received internationally, catapulting us into the industry spotlight and with our recently enhanced regulated status the company is forecast to grow substantially in 2016 and beyond. For more information on Global Shares please visit our website: http://www.globalshares.com