Allergan Requests Calif. Court Block Valeant/Pershing Square From Voting Shares; Sets New Dec. 18 Date for Special Meeting

By Staff
Friday, August 29, 2014 12:30 AM IRVINE, Calif.— Allergan, Inc. (NYSE: AGN) has asked the United States District Court for the Central District of California to set an expedited schedule for discovery and a motion for a preliminary injunction against Valeant Pharmaceuticals (NYSE: VRX), Pershing Square Capital Management, L.P. and its principal, William A. Ackman, for violations of the federal securities laws, according to an announcement from Allergan.

Alcon to Acquire WaveTec Vision, Developer of Intra-Operative Measurements for Cataract Surgery

By Staff
Friday, August 29, 2014 12:24 AM FORT WORTH, Texas – Alcon, division of Novartis Group (NYSE: NVS), announced this week that the company has entered into an agreement to acquire Aliso Viejo, Calif.-based WaveTec Vision, a privately-held company that developed the ORA System, the first commercialized intra-operative guidance system for cataract surgeons implanting intra-ocular lenses (IOLs).

Carrier Appointed COO Essilor Int'l, Leonard Named President, EOA

By Staff
Thursday, August 28, 2014 6:15 AM PARIS— Essilor International announced today that John Carrier, president and CEO of Essilor of America, has been appointed COO of Essilor International, alongside Paul du Saillant and Laurent Vacherot who are long-time co-COOs.

Jan Cory Named New U.S. President of Silhouette Optical Ltd.

By Staff
Monday, August 25, 2014 12:30 AM ALBANY, N.Y.—Jan Cory, an experienced eyewear executive, has been named the new U.S. president of Silhouette Optical, Ltd.

Allergan Confirms Requests From Pershing/Valeant for Special Meeting

By Staff
Monday, August 25, 2014 12:27 AM IRVINE, Calif.— Allergan, Inc. (NYSE: AGN) confirmed that Pershing Square Capital has delivered written requests from Allergan stockholders in connection with Pershing’s request to call a Special Meeting.

Applied Nanotech Shareholders Vote Approval to Become Pen, Inc.

By Staff
Monday, August 25, 2014 12:24 AM AUSTIN, Texas— Applied Nanotech Holdings, Inc. (OTCQB: APNT), an Austin-based leader in nanotechnology research and development, announced Friday that a majority of its shareholders have approved the proposed combination with NanoHolding Inc., the parent company of Nanofilm, Ltd., a supplier of specialty optical coatings, cleaners and nano-composite products based in Valley View, Ohio. The combination will create a new publicly traded company called PEN, Inc. (Products Enabled by Nanotechnology).

Luxottica Declines Comment on Italian News Reports of Guerra's Potential Departure

By Staff
Wednesday, August 20, 2014 10:27 AM MILAN, Italy—News stories in the Italian business press earlier today and expanded upon via other international financial media, have speculated that Andrea Guerra, CEO of Luxottica Group (NYSE: LUX) could possibly be leaving the company sometime soon.

Optomap Eye-Q Quiz Invites Everyone to Test Their Eye Health for a Good Cause

By Staff
Friday, August 15, 2014 12:18 AM LONDON—The optomap Eye-Q Quiz sponsored by Optos PLC (LSE:OPTS) invites everyone to test their knowledge of eye health while supporting a good cause.

ABB Optical Group Announces Launch of New Annual Grants Program

By Staff
Wednesday, August 13, 2014 12:15 AM CORAL SPRINGS, Fla.—In keeping with its commitment to making a positive impact on local communities, ABB Optical Group, a leading distributor of optical products, has launched a signature annual grants program to support non-profit organizations nominated by eyecare professionals nationwide.

SDC Technologies Acquires Majority Stake in LTI

By Staff
Monday, August 11, 2014 12:27 AM IRVINE, Calif.—SDC Technologies (SDC), a supplier of premium abrasion resistant coating products, has acquired a majority membership interest of Lens Technology I (LTI). Based in La Mirada, Calif., LTI develops and manufactures high performance, proprietary UV curable, and thermal curable anti-scratch coatings.

Daas Luxury Optics to Distribute KBL Eyewear in U.S. and Canada

By Staff
Monday, August 11, 2014 12:24 AM SAN DIEGO— Daas Luxury Optics has announced that they have become the exclusive distributor of KBL eyewear across the U.S. and Canada.

Senate Subcommittee Explores Contact Lens Pricing and Unilateral Price Policies

By Staff
Friday, August 01, 2014 12:30 AM WASHINGTON, D.C. – The issue of contact lens pricing, particularly whether new Unilateral Price Policies (UPP) being implemented this year by several major contact lens companies, was the topic explored by a hearing of the U.S. Senate’s Judiciary Antitrust Subcommittee on Wednesday of this week.

Safilo and Tommy Hilfiger Renew Licensing Agreement

By Staff
Friday, August 01, 2014 12:24 AM NEW YORK/PADUA– Safilo Group (SFL:MI) and the Tommy Hilfiger Group, which is wholly owned by PVH Corp. (NYSE: PVH), have announced a five-year renewal of their global eyewear licensing agreement for the exclusive design, development, production and distribution of the Tommy Hilfiger ophthalmic and sunglass collections.

New Jobson Report Examines Selling Eyewear to Children

By Staff
Friday, August 01, 2014 12:18 AM NEW YORK – A new Jobson Optical Research report, "Selling Eyewear to Children," offers a comprehensive look at the under-18 age group’s eyewear market from the eyecare professional’s perspective.

U.S. Senate Judiciary Subcommittee Holding Antitrust Hearing Today on Pricing and Competition in CL Industry

By Staff
Wednesday, July 30, 2014 1:15 PM WASHINGTON, D.C. – The U.S. Senate’s Judiciary Antitrust Subcommittee is holding a hearing this afternoon here on pricing and competition in the contact lens industry. The title of the hearing session, posted on the U.S. Senate’s Judiciary Committee’s website, is “Pricing Policies and Competition in the Contact Lens Industry: Is What You See What You Get?”
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