Connect with us

Business Wire

iShares Launches Megatrend ETF Suite Designed to Capture Five Transformational Long-Term Trends

Business Wire

Published

on

Reading Time: 4 minutes

Unconstrained index approach unlocks the power of innovation
driving megatrends across industries and geographies

iShares Cybersecurity and Tech ETF (IHAK) and iShares Genomics
Immunology and Healthcare ETF (IDNA) begin trading today

NEW YORK–(BUSINESS WIRE)–iShares today announces the launch of a megatrend investing framework,
including a new suite of exchange traded funds (ETFs) designed to
capture the structural shifts influencing the future of the global
economy and society.

BlackRock’s research, portfolio management, and Investment Institute
teams – informed by work with corporations, thought leaders and global
organizations – have identified five megatrends. These forces provide a
new investment framework that goes beyond traditional sector, market cap
and geographic classifications.

  1. Technological Breakthrough: Technology is driving exponential
    progress in the tech sector and far beyond
  2. Emerging Global Wealth: A newly affluent class of consumers
    will expand in Asia and across emerging markets
  3. Climate Change and Resource Scarcity: Demand for a clean, green
    tomorrow will advance energy and conservation
  4. Demographics and Social Change: Longer lifespans and modern
    lifestyles will change medicine and consumer habits
  5. Rapid Urbanization: Mass migration to cities will require new
    business models and infrastructure

iShares megatrend ETFs are unconstrained index equity ETFs that seek to
track indexes developed by leading industry index providers. The global
indexes target stocks with high return potential across relevant
industry value chains. For example, investment opportunities for
autonomous vehicles would include not just car-makers but also hardware
companies making road sensors and navigation cameras, and battery
manufacturers.

Armando Senra, Head of U.S., Canada and Latin America iShares, says:
“The iShares megatrend ETF suite seeks to capture the most powerful
investment trends driving the global economy today, and that we expect
to play out for decades to come. The ability for anyone to access these
targeted growth opportunities through an ETF represents the next
frontier of efficiency, transparency and the democratization of
investing.”

A powerful ETF technology for powerful forces

Today, iShares is also launching two new products – the iShares
Cybersecurity and Tech ETF (IHAK) and iShares Genomics Immunology and
Healthcare ETF (IDNA). IHAK provides investors access to companies
around the world that are helping fight the rise in cyber crime by using
cybersecurity solutions across hardware and software. The other, IDNA,
seeks exposure to companies worldwide at the forefront of medical
revolutions in the rapidly expanding fields of molecular biology and
mapping of genomes, and immunology.

Chad Slawner, Head of U.S. iShares Product and Strategy, says:
“This framework is the culmination of years spent analyzing and
observing broad structural changes shaping the world around us. We took
the best thinking from across our firm, including active investment
teams, to create our megatrends. Our mission is to provide efficient
ways to access these forces to improve long-term outcomes for clients.”

A long-term proposition

Megatrends ETFs can serve a number of roles in a portfolio, including as
alternatives for, or alongside, investment approaches that seek
above-benchmark performance over time. As the identified megatrends are
pervasive across industries and tend to be forward-looking, they
naturally resonate with investors and advisors seeking to capture future
alpha.

“For most people, trends like urbanization and technological
breakthroughs are intuitive growth stories with real impact on their own
lives,” says Armando Senra. “That’s the essence of megatrends ETFs,
providing investors with the shortest path possible to innovation that
is shaping the future.”

About BlackRock

BlackRock helps investors build better financial futures. As a fiduciary
to investors and a leading provider of financial technology, our clients
turn to us for the solutions they need when planning for their most
important goals. As of March 31, 2019, the firm managed approximately
$6.52 trillion in assets on behalf of investors worldwide. For
additional information on BlackRock, please visit www.blackrock.com |
Twitter: @blackrock |
Blog: www.blackrockblog.com |
LinkedIn: www.linkedin.com/company/blackrock.

About iShares

iShares unlocks opportunity across markets to meet the evolving needs of
investors. With more than twenty years of experience, a global line-up
of 800+ exchange traded funds (ETFs) and $1.9 trillion in assets under
management as of March 31, 2019, iShares continues to drive progress for
the financial industry. iShares funds are powered by the expert
portfolio and risk management of BlackRock, trusted to manage more money
than any other investment firm1.

1 Based on $6.52 trillion in AUM as of 3/31/19

Carefully consider the Funds’ investment objectives, risk factors,
and charges and expenses before investing. This and other information
can be found in the Funds’ prospectuses or, if available, the summary
prospectuses which may be obtained by visiting
www.iShares.com
or
www.blackrock.com.
Read the prospectus carefully before investing.

Investing involves risk, including possible loss of principal.

International investing involves risks, including risks related to
foreign currency, limited liquidity, less government regulation and the
possibility of substantial volatility due to adverse political, economic
or other developments. These risks often are heightened for investments
in emerging/developing markets and in concentrations of single countries.

Funds that concentrate investments in specific industries, sectors,
markets or asset classes may underperform or be more volatile than other
industries, sectors, markets or asset classes than the general
securities market.

Technology companies may be subject to severe competition and product
obsolescence.

This information should not be relied upon as research, investment
advice, or a recommendation regarding any products, strategies, or any
security in particular. This material is strictly for illustrative,
educational, or informational purposes and is subject to change.

Prepared by BlackRock Investments, LLC, member FINRA.

©2019 BlackRock, Inc. All rights reserved. iSHARES and BLACKROCK
are registered trademarks of BlackRock, Inc., or its subsidiaries. All
other marks are the property of their respective owners.

Contacts

Theresa McCartney
theresa.mccartney@blackrock.com
646-310-1653

For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.

For the last half century, thousands of communications professionals have turned to us to deliver their news to the audiences most important to their business through the sources they trust most. Over that time, we've gone from a single office with one full time employee to more than 500 employees in 32 bureaus.

Business Wire

Motorola Solutions to Showcase the Latest in Mission-Critical Innovation at CCW 2019

Business Wire

Published

on

Reading Time: 2 minutes

Enabling public safety and enterprise organisations to rise to the
challenge with a complete, integrated mission-critical ecosystem

KUALA LUMPUR, Malaysia–(BUSINESS WIRE)–Motorola
Solutions
will demonstrate how its advanced, mission-critical
solutions enable public safety and enterprise organisations to overcome
their most complex challenges at Critical
Communications World 2019
(June 18-20, MITEC, Kuala Lumpur,
Malaysia, booth G30).

At CCW 2019, Motorola Solutions will showcase a comprehensive set of
innovations spanning mission-critical communications, command centre
software, video security solutions and managed and support services.

Mission-critical communications are essential to maintaining safety and
security for our communities, from daily operations to extreme events
including disaster recovery. These solutions are essential for the Asia
Pacific region, as evidenced by a United Nations report estimating that
economic losses from natural disasters could reach USD$160
billion annually by 2030
. Organisations also demand new solutions to
augment voice communication with the unprecedented volumes of data and
video available today.

To address this need, Motorola Solutions has brought together a
comprehensive, integrated mission-critical ecosystem of technologies
comprising:

  • Mission-Critical Communications: including the TLK100
    and LEX
    L11 LTE
    devices that show what is possible over LTE networks and
    the ultra-portable LXN505
    public safety LTE infrastructure system.
  • Command Centre Software: to streamline and simplify daily
    workflows including CommandCentral
    Aware
    , the world’s only unified, proven, end-to-end public safety
    applications suite.
  • Video Security Solutions: including the latest from Avigilon’s
    video security and analytics portfolio including the H4
    Thermal camera
    with self-learning video analytics.
  • Managed & Support Services: to enable customers to focus on
    their mission while staying ahead of cybersecurity threats.

Having access to the right data enables organisations to make fast and
accurate decisions about where to place their valuable resources, which
work to prioritise and how to prepare for their most challenging
events,” Motorola Solutions corporate vice president, Mike deVente, said.

The mission-critical ecosystem we are demonstrating at CCW draws on our
90 year heritage of innovation and our strong understanding of
customers’ daily operational needs,” he said.

At CCW, commercial customers in the transportation, energy and utilities
segments will also learn how Motorola Solutions’ mission-critical
ecosystem and the innovations in critical communications can be
customised to meet their needs. One recent example of this is Motorola
Solutions’ successful integration work with Siemens to achieve railway
signalling over TETRA networks to European Train Control System (ETCS)
Level 2 standards.

About Motorola Solutions

Motorola Solutions is a global leader in mission-critical
communications. Our technology platforms in communications, command
center software, video security solutions and managed and support
services make cities safer and help communities and businesses thrive.
At Motorola Solutions, we are ushering in a new era in public safety and
security. Learn more at http://www.motorolasolutions.com.

MOTOROLA, MOTOROLA SOLUTIONS and the Stylized M Logo are trademarks
or registered trademarks of Motorola Trademark Holdings, LLC and are
used under license. All other trademarks are the property of their
respective owners. ©2019 Motorola Solutions, Inc. All rights reserved.

Contacts

Media Contacts
Damien Batey
Motorola Solutions
Mobile: +61
(0) 428 036 806
Damien.Batey@motorolasolutions.com

Michael
Lee
Motorola Solutions
Mobile: +65 9755 7025
MichaelKitWai.Lee@motorolasolutions.com

Continue Reading

Business Wire

Motorola Solutions celebrates 45 years of global innovation in Malaysia

Business Wire

Published

on

Reading Time: 2 minutes

Mission-critical ecosystem of technologies developed in Penang, taken
to the world

PENANG, Malaysia–(BUSINESS WIRE)–Motorola
Solutions
 is celebrating 45 years of innovation in Malaysia,
recognising the country’s highly skilled engineering talent and
capability to deliver advanced technologies for customers all over the
world.

Motorola Solutions first established supply chain operations in Penang,
Malaysia in 1974. Today, it develops technologies across its
mission-critical technology ecosystem at the facility.

In 2014 the company opened its ‘Innoplex’ research and development (R&D)
centre in Penang, its largest R&D centre outside of North America.
Equipped with state-of-the-art laboratories and product design and
development capabilities, the centre develops next generation Land
Mobile Radio (LMR), broadband-LTE devices and system solutions for
Motorola Solutions’ customers worldwide.

Leading-edge solutions and services designed and developed in Penang
have been deployed by public safety agencies across the world. This
includes the trusted APX
8000HXE HazLoc radio
 used by fire and rescue teams working in the
presence of chemicals and gases and the WAVE
TLK100 Two-Way Radio
 that enables coverage on nationwide cellular
networks with the ease of two-way radio communication and functionality.

The Innoplex continues to deliver a variety of innovative services
including 24/7 network monitoring, management and guaranteed reliability
for Motorola Solutions’ mission-critical customers.

Malaysia prominent within expanding Asia Pacific talent base

Motorola Solutions’ thriving operations in Malaysia have enabled it to
expand its Penang workforce from 10 software engineers to a team of more
than 1,700 today. These highly-skilled roles include industrial design,
software, electrical, electronics and mechanical engineering.

Penang’s expert teams conduct rigorous compliance testing to meet and
exceed product standards all over the world while continuing the
development of new solutions in partnership with customers.

Motorola Solutions’ rapidly growing software engineering workforce in
Asia Pacific is now approaching 2,000. This includes 160 video analytics
and AI specialists in Vietnam added through the recent acquisition of VaaS and
60 mobile applications developers with Gridstone in
Australia.

Motorola Solutions continues to evolve its mission-critical ecosystem
of technologies across voice, video security, software and managed
services. Our highly skilled teams in Malaysia play a significant role
in developing these technologies and accelerating their adoption all
over the world,” said John Andersen, deputy managing director of the
Motorola Solutions Penang Operations and Design Centre.

We are proud to have extended our journey to 45 years and look forward
to continuing to take Malaysian innovation to the world,” he said.

Through its charitable arm, the Motorola Solutions Foundation, the
company has provided more than USD $700,000 to support Malaysian
initiatives to advance education and research within STEM-related
fields. This includes the Penang Science Cluster which educates more
than 3,000 students and 300 teachers from 75 schools on design thinking
process, coding and electronics.

About Motorola Solutions

Motorola Solutions is a global leader in mission-critical
communications. Our technology platforms in communications, command
centre software, video security solutions and managed and support
services make cities safer and help communities and businesses thrive.
At Motorola Solutions, we are ushering in a new era in public safety and
security. Learn more at www.motorolasolutions.com.

MOTOROLA, MOTOROLA SOLUTIONS and the Stylized M Logo are trademarks
or registered trademarks of Motorola Trademark Holdings, LLC and are
used under license. All other trademarks are the property of their
respective owners. ©2019 Motorola Solutions, Inc. All rights reserved.

Contacts

Damien Batey
Motorola Solutions
Mobile: +61 (0) 428 036 806
Damien.Batey@motorolasolutions.com

Michael Lee
Motorola Solutions
Mobile: +65 9755 7025
MichaelKitWai.Lee@motorolasolutions.com

Continue Reading

Business Wire

Deadline Reminder: The Law Offices of Howard G. Smith Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Ra Medical Systems, Inc.

Business Wire

Published

on

Reading Time: 2 minutes

BENSALEM, Pa.–(BUSINESS WIRE)–$RMED #classaction–Law Offices of Howard G. Smith reminds investors of the upcoming August
9, 2019 
deadline to file a lead plaintiff motion in the class
action filed on behalf of investors who purchased Ra Medical Systems,
Inc. (“Ra Medical” or the “Company”) (NYSE: RMED)
securities pursuant and/or traceable to the registration statement and
prospectus (collectively, the “Registration Statement”) issued in
connection with the Company’s September 2018 initial public offering
(“IPO” or the “Offering”).

Investors suffering losses on their Ra Medical investments are
encouraged to contact the Law Offices of Howard G. Smith to discuss
their legal rights in this class action at 888-638-4847 or by email to howardsmith@howardsmithlaw.com.

In September 2018, Ra Medical completed its initial public offering
(“IPO”), issuing approximately 4.5 million shares of common stock priced
at $17 per share. On March 14, 2019, the Company revealed that its
fourth quarter 2018 financial results had been negatively impacted by
issues related to the hiring and training of qualified sales personnel
and certain production limitations.

On this news, the Company’s share price fell $2.14 per share, nearly
33%, to close at $4.43 per share on March 15, 2019, thereby injuring
investors. Since the IPO, Ra Medical’s stock has traded as low as $3.40
per share, significantly below the $17 offering price.

The complaint filed in this class action alleges that throughout the
Class Period, Defendants made materially false and/or misleading
statements, as well as failed to disclose material adverse facts about
the Company’s business, operations, and prospects. Specifically,
Defendants failed to disclose to investors: (1) that the Company’s
evaluation of sales personnel candidates was inadequate; (2) that the
Company’s training program for sales personnel was inadequate; (3) that,
as a result, the Company could not reasonably assure that its newly
hired sales personnel were adequately experienced; (4) that, as a
result, the Company would suffer a shortage of qualified sales
personnel; (5) that the Company’s manufacturing process could not
reasonably support increased catheter production; (6) that, as a result,
the Company would suffer production delays; and (7) that, as a result of
the foregoing, Defendants’ positive statements about the Company’s
business, operations, and prospects were materially misleading and/or
lacked a reasonable basis.

If you purchased shares of Ra Medical during the Class Period you may
move the Court no later than August 9, 2019 to ask the
Court to appoint you as lead plaintiff if you meet certain legal
requirements. To be a member of the class action you need not take any
action at this time; you may retain counsel of your choice or take no
action and remain an absent member of the class action. If you wish
to learn more about this class action, or if you have any questions
concerning this announcement or your rights or interests with respect to
these matters, please contact Howard G. Smith, Esquire, of Law Offices
of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania
19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by
email to howardsmith@howardsmithlaw.com,
or visit our website at www.howardsmithlaw.com.

This press release may be considered Attorney Advertising in some
jurisdictions under the applicable law and ethical rules.

Contacts

Law Offices of Howard G. Smith
Howard G. Smith, Esquire
215-638-4847
888-638-4847
howardsmith@howardsmithlaw.com
www.howardsmithlaw.com

Continue Reading

Font Resizer

Subscribe to PICANTE via Email

Enter your email address to subscribe to PICANTE and receive notifications of new posts by email.

Follow us on Facebook

Read more from our authors

Follow our Tweets

Trending

Please turn AdBlock off