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CINCINNATI -Friday 25 October 2019 [ AETOS Wire ]

(BUSINESS WIRE)-- The Procter & Gamble Company (NYSE:P&G) is announcing that it reached its 2020 goal of purchasing 100% renewable electricity in the U.S. and Canada. The Company exceeded its original goal by extending the purchase of 100% renewable electricity to Western Europe. These three markets are among its largest and represent over 70% of P&G’s purchased electricity. This commitment was achieved ahead of schedule and signifies a strong start to reaching P&G’s goal of purchasing 100% renewable electricity globally by 2030.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20191024005503/en/

P&G’s largest individual contributors to its renewable energy production are its wind farm in Tyler Bluff, Texas, which offsets 100% of the electricity needed for its Fabric and Home Care facilities in the U.S. and Canada t ... Read more »

• Worldwide revenue of $8.5 billion increased 3% sequentially

• International revenue of $5.6 billion increased 3% sequentially

• North America revenue of $2.8 billion increased 2% sequentially

• GAAP loss per share, including charges of $8.65 per share, was $8.22

• EPS, excluding charges, was $0.43 representing a 23% sequential increase

• Cash flow from operations was $1.7 billion and free cash flow was $1.1 billion

• Board approved a quarterly cash dividend of $0.50 per share

HOUSTON-Monday 21 October 2019 [ AETOS Wire ]

(BUSINESS WIRE) -- Schlumberger Limited (NYSE: SLB) today reported results for the third quarter of 2019.

... Read more »

Acquisition to Position PTC for Leadership as CAD and PLM Industry Transitions to SaaS

BOSTON-Friday 25 October 2019 [ AETOS Wire ]

(BUSINESS WIRE)-- PTC (NASDAQ: PTC) today announced that it has signed a definitive agreement to acquire Onshape, creators of the first Software as a Service (SaaS) product development platform that unites robust computer aided design (CAD) with powerful data management and collaboration tools, for approximately $470 million, net of cash acquired. The acquisition is expected to accelerate PTC’s ability to attract new customers with a SaaS-based product offering and position the company to capitalize on the inevitable industry transition to SaaS. Pending regulatory approval and satisfaction of other closing conditions, the transaction is expected to be completed in November 2019.

Located in Cambridge, MA, Onshape was founded in 2012 by CAD pioneers and tech legends, including Jon Hirschtick, John McEleney, and Dave Corcoran, ... Read more »