ME Newswire / Business Wire

DUBLIN - Thursday, March 21st 2013

Covidien plc (NYSE: COV) today announced that its Board of Directors has authorized a new program to purchase up to $3 billion of the Company’s ordinary shares from time to time, based on market conditions. This program is in addition to the $2.0 billion share repurchase program announced in August 2011, which currently has approximately $425 million remaining.

In the twelve months ending December 2012, Covidien returned more than $1.75 billion to shareholders in dividends and share repurchases, representing nearly 100% of its free cash flow. This is well above the Company’s stated annual goal of returning at least 50% of free cash flow to shareholders.

"The Board's approval to expand our share repurchase program reflects its confidence in the continued growth of Covidien’s business, the sustainability of our free cash flow and our commitment to enhance shareholder value," said José E. Alm ... Read more »

L’entreprise d’ingénierie brésilienne Archo atterrit au Parc de recherche technologique de Floride

MELBOURNE, Floride - Samedi 23 Mars 2013 [ME NewsWire]

(BUSINESS WIRE)--La réputation de l’Aéroport international de Melbourne en tant que plate-forme internationale de maintenance et d’aéronautique à très forte croissance a permis d’obtenir un nouveau locataire international pour l’aéroport.

Archo Solutions Engineering USA, une filiale de Solutions Design & Engineering de Sao Paolo, au Brésil, établira ses opérations au Parc de recherche technologique de Floride à l’Aéroport international de Melbourne. Les responsables de la société ont signé les contrats de location au début du mois pour ouvrir la première installation américaine d’Archo sur le parc de recherche de plus de 40 hectares, dans le cadre d’un partenariat entre l’aéroport et le Florida Insti ... Read more »

Decisions strengthen ZTE’s defence against Huawei’s patent claims

SHENZHEN, China - Saturday, March 23rd 2013 [ME NewsWire]

(BUSINESS WIRE)-- ZTE Corporation (ZTE) welcomes two decisions made by the Düsseldorf district court in Germany on 21 March, 2013 in favor of the company, strengthening the company’s defense against claims by Huawei Technologies Co. Ltd. over some patents related to LTE technology.

The court dismissed all of Huawei’s claims in the litigation over European patent EP 2 033 335 (EP’335) related to both base stations and mobile terminals. In the litigation over European patent EP 2 090 050 (EP ‘050), the court decided to stay the case and refer to the European Court of Justice (EJC) several questions concerning the application of the European Union competition law.

ZTE regards intellectual property as central to the company’s business, and is committed to increasing its competitiveness in patent assets. ZTE was ranked No. 1 in internationa ... Read more »

Shenzhen, China - Friday, March 22nd 2013 [ME NewsWire]

(BUSINESS WIRE)--ZTE Corporation ("ZTE”) (H share stock code: 0763.HK / A share stock code: 000063.SZ), a publicly-listed global provider of telecommunications equipment, network solutions and mobile devices, was ranked first in international patent applications by World Intellectual Property Organization (WIPO) in 2012, the second consecutive year the company achieved top position in the annual gauge of the world’s most prolific innovators.

According to WIPO’s data, ZTE filed applications for 3,906 patents under the Patent Cooperation Treaty (PCT) in 2012, 37 percent more than a year earlier, making it the first company from China to top the tables for two successive years. ZTE’s patent applications in 2012 were more than double the total of Huawei Technologies(1801), and greatly exceeded other companies in the telecommunications equipment industry such as Ericsson(1197), Nokia Siemens(326) and Alcatel-Lucent(346). ... Read more »