California Water Service Group (NYSE:CWT) Names Great Place to Work by the Great Place to Work Institute-  Qorvo, Inc. (QRVO)


California Water Service Group (NYSE:CWT) shares shows upbeat performance moved up after opening to traded at $38.40 with volume of 94734 shares.

For the second year in a row, California Water Service Group (NYSE:CWT) has been named a Great Place to Work by the Great Place to Work Institute. The recognition is reflective of the Group’s ongoing commitment to employees in its regulated California, Hawaii, New Mexico, and Washington subsidiaries.

The 2017 Great Place to Work certification is comprised of two components. The first is a Culture Audit regarding the company’s programs and practices on hiring, internal communication, developmental opportunities, training, recognition, and diversity. Second is a Trust Index based on employee responses about their experience with the company. In the employee survey, team members at California Water Service, Hawaii Water Service, New Mexico Water Service, and Washington Water Service were asked their opinions about factors such as leadership, credibility, respect, fairness, pride, and camaraderie in their workplace. Scores are benchmarked against top workplaces in the United States to assess a company’s results, according to the Institute. “We could not fulfill our purpose of improving the quality of life for our consumers, communities, and stockholders if we were not equally committed to our employees,” said President and CEO Martin A. Kropelnicki.

The 2017 designation certifies California Water Service Group and its subsidiaries as a Great Place to Work for the next 12 months. Fortune magazine’s annual Best 100 Companies to Work For is compiled from among the companies certified as a Great Place to Work. “I’m honored that our employees and the Great Place to Work Institute have recognized us again, and I renew our pledge to build upon the already high standards we set for ourselves in order to continue earning our employees’ trust and loyalty while providing quality, service, and value to our consumers,” Kropelnicki said.

CWT is ahead its 52-week low with 31.28%and going down from its 52-week high price with -3.15%. The company’s shares performance for the last one month was 0.39% and 3.09% in the previous week.

As the revenues measures, firm has operation margin of 18.80% in the following twelve months with net profit margin of positive 9.20%. The Company showed a positive 9.20% in the net profit margin. Company’s annual sales growth for the past five year was 4.00%.

Qorvo, Inc. (NASDAQ:QRVO) kept in active run as it traded at $72.63 by an ascending 1.42%. A leading provider of innovative RF solutions that connect the world, Qorvo (QRVO) reported that its GP695 System-on-Chip (SoC) has been recognized by Embedded Computing Design as the Most Innovative Product in the Silicon category for 2017.

The GP695 SoC integrates multiple smart home sensor communication protocols ZigBee, Bluetooth and Thread while optimizing energy efficiency and extending battery life. The Qorvo GP695 features industry-leading Wi-Fi interference mitigation technology and delivers extended range to cover the entire home.

Cees Links, general manager of Qorvo’s Wireless Connectivity business unit, said, “By delivering power-efficient, multi-protocol support, the GP695 takes away consumer concern about the uncertainty over future Internet of Things (IoT) standards. It also reduces the cost and the development time for product builders to have to build in multiple communication chips. This award recognizes the innovation behind this product as well as its potential to accelerate the fully smart home.”

The award winners were selected by Embedded Computing Design’s editorial team and an advisory board. Evaluation criteria included design excellence, relative performance and market impact/disruption. Nearly 50 products were nominated across three categories silicon, software and systems.


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