SHL Group Deploys Vuzix Smart Glasses for Business Continuity, Training and Remote Inspection - Implementation broadens Vuzix footprint through SHL's pharmaceutical and biotechnology focus and locations across the US, Switzerland, Thailand and Sweden ROCHESTER, N.Y., Oct. 12, 2020 ROCHESTER, N.Y., Oct. 12, 2020 Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of Smart Glasses and Augmented Reality (AR) technology and products, announced that SHL Group (Scandinavian Health Ltd) has commenced deployment of Vuzix M400 Smart Glasses to provide remote support, beginning with its Taiwan locations. SHL Group is a world-leading solution provider in the design, development and manufacture of advanced drug delivery devices such as auto injectors, pen injectors and advanced inhaler systems. SHL Group consists of several group companies including SHL Medical, which designs, develops and manufactures advanced drug delivery devices, as well as provides final assembly, labeling and packaging services for leading pharmaceutical and biotech companies across the globe, SHL Healthcare, which develops and manufactures equipment solutions for home, hospital and long-term care use and SHL Technologies, a contract manufacturing and engineering services provider for the production of complex medtech and industrial products. The COVID-19 pandemic requires SHL auditors to quarantine for two weeks, which makes it difficult and expensive to perform audits. With hands-free smart glasses from Vuzix, operational staff are now able to support audits remotely through peer-to-peer video calling over the M400 Smart Glasses. The COVID-19 pandemic has also made it very difficult for SHL to travel and gather for engineering training. With the Vuzix M400 Smart Glasses, engineering staff can now be trained remotely and provided hands-free setup and guidance for new equipment activations in the field. Finally, on-site visits by vendors located overseas used to require travel to and from foreign sites. With the Vuzix M400 Smart Glasses, vendors now can connect with technical experts to perform troubleshooting and remote inspection without having to be on premise. "Vuzix Smart Glasses are being used all over the world to support business continuity during the COVID-19 pandemic," said Paul Travers, President and CEO of Vuzix. "The team at SHL is deploying Vuzix Smart Glasses into operations to combat travel restrictions and physical social distancing restrictions put in place by the global pandemic." SHL's implementation of the Vuzix M400 to provide remote support for quality control and quality assurance for internal use, customers and third parties can be viewed through the following link: http://experience.shl-medical.com/quality.html#QualityControl_QualityAssurance. About Vuzix Corporation Vuzix is a leading supplier of Smart-Glasses and Augmented Reality (AR) technologies and products for the consumer and enterprise markets. The Company's products include personal display and wearable computing devices that offer users a portable high-quality viewing experience, provide solutions for mobility, wearable displays and augmented reality. Vuzix holds 179 patents and patents pending and numerous IP licenses in the Video Eyewear field. The Company has won Consumer Electronics Show (or CES) awards for innovation for the years 2005 to 2020 and several wireless technology innovation awards among others. Founded in 1997, Vuzix is a public company (NASDAQ: VUZI) with offices in Rochester, NY, Oxford, UK, and Tokyo, Japan. For more information, visit Vuzix website, Twitter and Facebook pages.
I like stressing the ' hands free ' side of the glasses... That's smart. Limelight: Shine a light on this stock Limelight Networks doesn't have the name recognition that Zoom has, but don't let that keep you from considering what this content-delivery network (CDN) and edge-computing company is doing to make our Internet experience just a little bit better. Limelight's technology helps companies deliver content more efficiently, particularly for video streaming services, and the company has a very impressive client list. Walt Disney uses Limelight for its Disney+ video streaming service, and Comcast is using the company's tech for its new Peacock video service. Limelight's revenue increased an impressive 58% in the second quarter as businesses tapped the company for its CDN services. But Limelight believes that it has even more opportunities to grow apart from content delivery. Specifically, Limelight thinks the edge computing market could be even bigger than CDN, as companies will need faster and faster ways to send information to Internet of Things devices. Limelight may be more of an obscure stay-at-home stock, but investors shouldn't overlook how this company's technology allows some of the largest media companies in the world to deliver content to their users during an unprecedented time for video streaming services.
You know Trump wants the Dow at 30,000 or above for the election. Now I know that the Dow is not the S&P or the Naz.... but I've said it a million times, its the one that always gets the headlines, and that's all Trump cares about. So we need about 3 or 4 more days like today to get there. I'm looking at the Dow 30 wondering to myself what stocks are left that could do it. Probably the ones with CEO's that love Trump the most and need him to win. The banks. So yeah, while I've been bearish up till now on these things, I bet they come in strong. AXP, JPM, TRV, GS, Visa. Throw 3M a trumpy-tweetbone or two for PPE and other Covid goodies, Caterpillar one for stimulus, Merck for vaccines... Bingo bango bongo.... Dow 30K. So with all that said... what's the Gummy trade? Hmmmm. I think American Express (AXP) today at $106.50 is a buy.
It is worrying that finance is such a low % of the S&P now. AXP is a strong choice. The question is do we need tech to stub it's toe in order to fulfill this Move To Value.
I think 5G will be the stumbling block that stubs tech's toes! Only 10% of Piper survey respondents want Apple's new iPhone Oct. 13, 2020 8:29 AM ET|About: Apple Inc. (AAPL)| In a recent survey of 1,000 Americans, Piper Sandler found that only 10% of respondents planned to upgrade to an Apple (NASDAQ:AAPL) 5G iPhone this year. Of those planning to pick up a new 5G model, half were inspired by the 5G feature and the other half simply need a phone upgrade. Only 10% of current iPhone owners expect to upgrade their device. Analyst Harsh Kumar says the numbers are lower than expected heading into today's iPhone launch event.
- I am hearing that the low cost 5G phone will be just like your 4G phone the speed difference will not even be noticed. - The most expensive phone will be entirely Zoom ready. - The middle range one is where the interest and the profit is... about 10X faster than your 4G and that's about the level it takes to make change but the pricing? That must come down.
Owens Corning +3% as Benchmark highlights residential exposure Oct. 13, 2020 9:19 AM ET|About: Owens Corning (OC)| Following conversations with industry participants, Benchmark analyst Reuben Garner is increasingly optimistic that the residential exposure of Owens Corning (NYSE:OC) will be more than enough to push estimates higher. He raises his recommendation on the stock to Buy from Hold, and sets a PT of $90, implying 20%+ upside. Garner also notes that OC currently trades near its lowest relative valuation to its major publicly traded customers and calls it the "best set-up in several years." OC +2.9% premarket.
Bank earnings come though but can’t kickstart sector: At the Open Oct. 13, 2020 9:20 AM ET|About: Financial Select Sector SPDR ETF (XLF)| The big bank earnings came through this morning, but, overall, the Financial sector is looking cautious. The SPDR Financial Sector ETF (XLF, +0.2%) is up slightly premarket. BlackRock (BLK, +3.6%) is the top performer ahead of trading after earnings, revenue and assets under management beat expectations. CEO Larry Fink said the firm has “a strong conviction that the average investor still is under-invested, and they’re going to have to be putting more and more money to work over the coming months and maybe even years." JPMorgan Chase (JPM, +1%) and Citigroup (C, +0.9%) are also gaining. Both came through with encouraging numbers as credit-loss provisions fell significantly (JPMorgan down to $611M and Citi down to $2.3B) and trading revenue helping. But Citi had to contend with a bigger drop in its consumer business.
Purple Innovation (NASDAQ:PRPL) is the top pick in the group from UBS. "PRPL is a profitable DTC player with several unique drivers to sustain 20-25% revenue growth and 25%+ EBITDA growth over an extended period of time. Still, it's trading at just 13x FY'22E EBITDA and ~2x EV/Sales, which is below its consumer/retail high growth peers (FIVE/FND)," previews the firm. Coverage is launched by UBS with a Buy rating.