Markets

Cushman & Wakefield (NYSE: CWK) announced the $160 million sale of the Barlow Building, located at 5454 Wisconsin Ave. in Chevy Chase, Md. Cushman & Wakefield represented the seller, Carr Properties, in the transaction. Bill Collins, Paul Collins, Drew Flood, Eric Berkman, Shaun Collins and Shaun Weinberg of Cushman & Wakefield represented the seller. Carr Properties has been retained by the buyer for third-party property management. “This building is one of the most prestigious medical office buildings in the Washington, DC Metro region,” said Flood, executive managing director at Cushman & Wakefield. “It’s a part of one of Maryland’s prime medical communities and is fully equipped to serve and support the needs of its medical tenants and their clients.” The Barlow Building is a freestanding, 18-story, 293,852-square-foot medical office building located in the business/retail district of Chevy Chase, Md. and offers convenient access to downtown Washington, DC and the Maryland suburbs. The property is proximate to some of the area’s top hospitals and health centers and is located one block from the Friendship Heights Metro Station (Red Line) and is easily accessible from I-495 or I-270 via the Wisconsin Avenue exit. Some of the amenities of

Humana Pharmacy, a division of Humana Inc. (NYSE: HUM), has been named the best in Mail Order Pharmacy customer satisfaction in the J.D. Power 2020 U.S. Pharmacy Study. It’s the third consecutive year that Humana has received the prestigious honor. The study ranks Mail Order Pharmacies in four categories: prescription ordering and filling process, cost competitiveness, prescription delivery, and customer service experience. Humana ranked highest in all four categories with an overall score of 904 out of 1,000. The recognition is a testament to Humana’s Human Care approach to look at every facet of its customers lives, making the healthcare experience better, more personal and more caring. “Receiving this award for three years in a row is an exceptional honor as we continually strive to put our customers at the center of everything we do,” said Scott Greenwell, President, Humana Pharmacy Solutions. “At Humana Pharmacy, we bring the pharmacy to our customers, providing them with an experience that’s both worry and hassle-free with medications delivered on time, right to their door. If our customers have questions about their medications, they can connect anytime, 24/7 with one of our 400 licensed pharmacists.” Greenwell added, “Our expert pharmacists,

Blackstone Resources AG (SWX: BLS) is pleased to announce that it has achieved a series of important milestones for producing any kind of printed battery cells. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200806005685/en/ The world’s first functional battery cells using printed electrodes has been successfully tested. (Photo: Business Wire) The company has been investing in the next generation of battery technology through its German subsidiary Blackstone Technology GmbH. This includes patented 3D-printing techniques and research into the mass production of solid-state batteries: these can offer greater energy density and a higher number of charging cycles. The battery factories being built today have a weakness – their battery cell production lines only produce one battery cell form factor. These assembly systems are very special and expensive. The manufacturing process of the electrodes is energy-intensive and dangerous solvents are used. What Blackstone offers is a much more flexible and cost-effective production technology based on printing batteries. It covers a wide range of cell formats using different cathode and anode chemicals. Consequently, every second a finished battery cell could be made in an automotive format and leave the production line. Furthermore, this printing technology

AIG Life & Retirement, a division of American International Group, Inc. (NYSE: AIG), today announced its new advertising campaign—We see the future in you—which launches at the 2020 PGA Championship. The campaign will celebrate the role of financial and retirement professionals, whose commitment to helping Americans plan for a secure financial future has become more critical than ever. The fully integrated brand and marketing program showcases the people, products and services that AIG Life & Retirement brings to its customers, clients and distribution partners. AIG is an Official Partner of the PGA of America, and the campaign kicks off with a new commercial airing on ESPN and CBS throughout the PGA Championship, taking place August 6-9 at Harding Park in San Francisco. The commercial was filmed remotely due to COVID-19, and casting included a real-life mother and daughter acting together from their home. Titled “Amazing Mom,” the commercial features a grade schooler explaining the important work her mother does as a financial advisor. Instead of sharing her mom’s story from inside a school classroom, the young student takes center screen in a virtual classroom with her teacher and classmates responding and reacting around her. “The PGA Championship

City Office REIT, Inc. (NYSE: CIO) (the “Company,” “City Office,” “we” or “our”) today announced its results for the quarter ended June 30, 2020. Second Quarter Highlights GAAP net loss attributable to common stockholders was approximately $1.4 million, or ($0.03) per fully diluted share; Core FFO was approximately $14.1 million, or $0.29 per fully diluted share; AFFO was approximately $6.6 million, or $0.14 per fully diluted share; To date, collected over 99% of second quarter contractual base rent; Same Store Cash NOI increased 2.3% as compared to the second quarter of 2019; In-place occupancy closed the quarter at 91.9%; Executed approximately 326,000 square feet of new and renewal leases during the quarter; Including repurchases subsequent to quarter end, completed the full $100 million share repurchase program. In total, 11,363,851 shares were repurchased at an average gross price of $8.80 per share; Declared a second quarter dividend of $0.15 per share of common stock, paid on July 24, 2020; and Declared a second quarter dividend of $0.4140625 per share of Series A Preferred Stock, paid on July 24, 2020. Highlights Subsequent to Quarter End Closed the disposition of 7.8 acres of land at Circle Point in Denver, Colorado for $6.5

Keysight Technologies, Inc. (NYSE: KEYS), a leading technology company that helps enterprises, service providers and governments accelerate innovation to connect and secure the world, recently announced the new N7005A optical-to-electrical converter designed for use with Keysight’s Infiniium UXR-series of high performance real-time oscilloscopes. This solution provides real-time analysis and debug capabilities on up to 4 channels simultaneously, offering designers new testing methodologies. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200805005657/en/ Keysight’s N7005A, which offers up to 60 GHz of optical measurement performance (O/E), used in conjunction with the company’s 70 GHz Infiniium UXR oscilloscope, offers designers end-to-end debugging capabilities that reduce time needed to debug, while simplifying overall workflow results. (Photo: Business Wire) As demand for IoT-based applications, HD streaming, cloud services and 5G continues to increase, the need for higher data throughput communication and more efficient test solutions in the optical domain steadily grows as well. 400G with PAM4 signaling is more complicated than 100G with non-return-to-zero (NRZ) modulation and significantly increases the required time for design validation, debug and troubleshooting cycles. Keysight’s real-time, oscilloscope-based optical measurement tools offer unique capabilities that address these measurement challenges as well as debug and troubleshoot an

OneConnect Financial Technology Co., Ltd. (“OneConnect” or the “Company”) (NYSE: OCFT) and Swiss Reinsurance Company Ltd. (“Swiss Re”) are joining forces to co-develop a digital end-to-end solution for motor claims handling for the European market, based on artificial intelligence (AI) and advanced data analytics . The two companies will collaborate to introduce OneConnect’s Smart Claims Solution to Europe. The solution leverages OneConnect’s AI-based image-recognition technology and Swiss Re’s risk expertise and market know-how. The technology provides an efficient, completely digitalized service in seconds for significantly improved user experience. Based on photos of the vehicle damage, the solution identifies the appropriate repair strategy and estimates the cost of repair within minutes, offering immediate cash payouts and additional services such as directing drivers to a repair garage. Policyholders can enjoy an easier, faster and more transparent process. Insurance companies benefit from process efficiency and insights from the analysis of damages and repairs. Xiao Jing, Chief Scientist of Ping An Group, said: “Image-based damage recognition technology has successfully enabled Ping An to ease into claim digitalization and automation. This solution allows our customers to enjoy touchless claim service. I am delighted to see this proven technology taken to Europe by OneConnect

JELD-WEN Holding, Inc. (NYSE:JELD) today announced results for the three and six months ended June 27, 2020, including second quarter net revenue of $992.3 million, net income of $23.1 million, adjusted EBITDA of $125.7 million, earnings per share (“EPS”) of $0.23, and adjusted EPS of $0.47. Second Quarter 2020 Highlights Adjusted EBITDA margin increased 130 basis points to 12.7%, despite impact from COVID-19 pandemic Price realization improved sequentially and year-over-year Structurally reduced costs through JEM deployment and ongoing footprint initiatives Free cash flow improved $12.4 million year-over-year Balance sheet strengthened, with record liquidity of $809 million, an increase of $254 million compared to December 31, 2019 “We delivered performance above expectations in an uncertain demand environment and in challenging operating conditions, demonstrating that underlying business fundamentals are strong and our strategy is delivering results,” said Gary S. Michel, president and chief executive officer. “We remained disciplined and followed our playbook to profitably grow our market share in key products and channels, deliver improved price realization, and structurally reduce costs through the rigorous deployment of the JELD-WEN Excellence Model (JEM) and our footprint rationalization and modernization initiatives.” “I am proud of how our associates have risen to the unprecedented

Liberty Global plc (NASDAQ: LBTYA, LBTYB and LBTYK), one of the world’s leading converged video, broadband and communications companies, today announces the launch of gigabit broadband services from Virgin Media to almost 1 million homes in Glasgow, Leeds and Bradford. Following the addition of the cities and their surrounding areas to Liberty Global’s gigabit capable footprint, a total of more than 12 million homes across Europe are now gigabit ready. This rises to 13.2 million homes with the inclusion of the gigabit footprint of VodafoneZiggo, its Joint Venture in the Netherlands. With a gigabit connection, ultra-high definition 4K films and TV programmes, very large files and videos can be downloaded almost instantaneously, even with multiple devices using a connection at the same time. Virgin Media’s gigabit network now covers one in four Virgin Media premises. Thanks to continued investment, Virgin Media now boasts the largest gigabit network in the UK, surpassing all other networks. The speed increases in Glasgow, Leeds and Bradford are part of Virgin Media’s plan to bring gigabit speeds to more than 15 million homes across its entire network by the end of 2021, significantly ahead of the UK government’s target of delivering gigabit-capable broadband

Cirrus Logic, Inc. (Nasdaq: CRUS) today posted on its website at https://investor.cirrus.com the quarterly Shareholder Letter that contains the complete financial results for the first quarter fiscal year 2021, which ended June 27, 2020, as well as the company’s current business outlook. “We are pleased with our results in the June quarter as we experienced robust demand for certain products shipping in tablets and smartphones,” said Jason Rhode, chief executive officer. “Despite the continuing challenges and adverse economic effects associated with COVID-19, design activity and new product development efforts were encouraging during the quarter. The company remains focused on leveraging our strong customer relationships and mixed-signal processing expertise to broaden our penetration in audio, voice and other mixed-signal domains and position the company for growth in the coming years.” Reported Financial Results – First Quarter FY21 Revenue of $242.6 million; GAAP and non-GAAP gross margin of 52.6 percent; GAAP operating expenses of $108.8 million and non-GAAP operating expenses of $92.4 million; GAAP earnings per share of $0.30 and non-GAAP earnings per share of $0.53. A reconciliation of GAAP to non-GAAP financial information is included in the tables accompanying this press release. Business Outlook – Second Quarter FY21