JPMorgan Chase & Co. (NYSE:JPM): During the current quarter, worldwide mergers and acquisitions have fallen to a level unseen since the aftermath of the financial crisis and seem to be due to increasing concern that the economic recovery is deteriorating. Since June 30th, firms have reported $446 billion in takeovers, which represents the smallest amount since the third quarter of 2009, says Bloomberg data. Acquisitions are on track to fall 15 percent this year to $2 trillion, which would be the lowest in three years.
The Coca-Cola Company (NYSE:KO) has formed a partnership with JBF Industries through which further expansion of output of the plant-based material that is employed in the firm’s PlantBottle packaging may be obtained. The supply linkup will help Coca-Cola retain its leadership in bringing renewable, lower-carbon plastics to market and to move to its target of using PlantBottle packaging tech in all of its plastic bottles by the year 2020. JBF Industries will construct the world’s biggest facility to produce bio-glycol in Araraquara, Sao Paulo, utilizing local sugarcane and sugarcane processing waste.
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McDonald’s Corporation (NYSE:MCD) launches its custom-made M channel, which is a TV channel intended to offer exclusive content to entertain customers, says The New York Post.
3M Company (NYSE:MMM) and Ivoclar Vivadent have resolved a patent lawsuit in Germany over a processed zirconia coloring technology. Through the terms, Ivoclar Vivadent will license this patented tech from 3M; the technology permits the coloring of unshaded zirconia by color-matching dental restorations to the natural color of patients’ teeth. 3M developed and introduced this tech and much of the industry now colors unshaded dental zirconia using this process. For its part, 3M is open to licensing this tech to other interested parties.