GE’s Dividend is Safe for at Least One More Quarter

June 11

General Electric’s board of directors issued a quarterly dividend of 12 cents per share to the company’s stockholders, GE announced Friday. Investors breathed a sigh of relief that the dividend is safe…at least for this current quarter. Fears of a second diviend cut for the widely owned blue chip company has weighed on the shares.Read more

IES Increases Dues–First time in 13 Years

June 8

As a member of IES we know that you have been witnessing first-hand the transformation that our society has been going through over the last few years. At IES we are always thinking about the future and how we can best provide value to our members, develop and educate the future leaders of our industry,Read more

More Changes at Cree. CFO to Leave Company

June 8

After 16 years with the company, Cree Chief Financial Officer Mike McDevitt is leaving. Late Thursday, Durham semiconductor maker Cree disclosed that the company and McDevitt had “mutually agreed” on June 5 that he would be retiring, following a transition period. Following that period, during which he’ll continue to be paid his full compensation, he’ll serve asRead more

Where’s the Vein? Blue Lighting Aims to Deter Drug Use

June 7

Over the past few months, the chain has launched a pilot program involving 10 to 15 stores — including the locations at 140 N. Wilkes-Barre Blvd. in Wilkes-Barre and in Honesdale — aimed at preventing drug users from shooting up inside, said Matt Dorgan, division asset protection manager for the Lancaster County-based retailer.

GE Recalls LED Tube Lamps Due to Shock Hazard

June 6

GE is recalling its LED tube lamps, which were exclusively sold at Lowe’s, due to a shock hazard. The US Consumer Product Safety Commission reports that pins on one end of the lamp can be energized during installation/removal, posing electric shock and electrocution hazards.

Bill Hanley, Rest in Peace

June 5

Read the obituary here. New York, NY  June 6, 2018 – The Illuminating Engineering Society (IES) mourns the loss of former Executive Vice President, William Hanley, who passed away June 4, 2018. He was 75. Mr. Hanley took the helm at the IES in 1988, when the Society was in a difficult financial situation, and steeredRead more

LRC: Lighting Intervention Improves Sleep and Mood for Alzheimer’s Patients

June 5

Daytime light exposure decreases sleep disturbances, depression and agitation CONTACT: Corinne Lederhouse, 630-737-9700, ext. 9366, BALTIMORE – June 5, 2018 – A tailored lighting intervention in nursing homes can positively impact sleep, mood and behavior for patients with Alzheimer’s disease, according to preliminary findings from a new study. People with Alzheimer’s disease and related dementiasRead more

Luminaire and Lighting Control Market to be Worth US$ 111.0 Bn by 2026

June 5

ALBANY, New York, June 5, 2018 /PRNewswire/ –According to a new market report on luminaire and lighting control published by Transparency Market Research, the global luminaire and lighting control market is expected to reach US$ 111.0 Bn by 2026, expanding at a CAGR of 5.6% from 2018 to 2026. According to the report, the global market will continue toRead more