Dow Chemical (DOW) Announces Streamlining, Optimization Initiative; Will Cut About 3% of Global Workforce May 4, 2015 08:03AM

Dow Chemical (NYSE: DOW) announced a series of actions to further streamline the organization and optimize its footprint as a result of the Company’s pending separation of a significant portion of its chlorine value chain.

Dow has shifted its portfolio toward targeted, integrated high-value markets, and as a result the Company is taking additional actions to further enhance its organizational effectiveness – with a focus on driving geographic market engagement... (continue reading...)

InterCloud Systems (ICLD) Launches NFVGrid May 4, 2015 08:02AM

InterCloud Systems (NASDAQ: ICLD) announced today the launching of NFVGrid, a Network Functions Virtualization Orchestration platform.

InterCloud's Network-as-a-Service ( NaaS ) offering (an ETSI NFV ISG framework based NFV and Cloud orchestration platform) provides multi-vendor cloud and NaaS. This new platform utilizes open APIs to ensure interoperability with different OSS/BSS platforms, cloud management systems, SDN controllers, and virtualized network function (VNF)... (continue reading...)

BioTime (BTX) Announces Presentation of Positive Preclinical Data for OpRegen May 4, 2015 07:58AM

BioTime (NYSE: BTX) announced that preclinical data demonstrating that Cell Cure’s product candidate, OpRegen, preserved vision and retinal structure when transplanted into the leading animal model of retinal disease, will be presented at the Association for Research in Vision and Ophthalmology (ARVO) 2015 Annual Meeting taking place May 3-7, 2015, in Denver, Colorado. OpRegen® consists of animal product-free retinal pigment epithelial (RPE) cells with high purity... (continue reading...)

Och-Ziff Capital Management (OZM) Master Fund up 0.24% in April, 3.56% YTD May 4, 2015 07:40AM

Och-Ziff Capital Management (NYSE: OZM) disclosed the following on Monday:

The following information is being provided to investors in the alternative investment vehicles (the “funds”) that affiliates of Och-Ziff Capital Management Group LLC (collectively, the “Company”) manage with respect to the estimated performance of certain of the Company’s most significant master funds for the month ended April 30, 2015. The following information is not necessarily... (continue reading...)
Pacific Bio (PACB) Announces PacBio RS II Order with BGI May 4, 2015 07:39AM

Pacific Bio (NASDAQ: PACB) announced that BGI, the world's largest genomics organization, has purchased its first PacBio RS II instrument and plans to purchase additional units in order to integrate Single Molecule, Real-Time (SMRT®) Sequencing into its global service business.

"The de novo genome services offered by BGI will be supported by SMRT sequencing technology to take advantage of its long reads and improved accuracy of assembly," said Dr. Wang Jun, CEO of... (continue reading...)

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