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Sunday 31 January 2016
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Pre-Market Stocks Roundup: Cigna, (NYSE:CI), Broadcom, (NASDAQ:BRCM), The Blackstone Group, (NYSE:BX)

On Monday, Shares of Cigna Corp. (NYSE:CI), gained 11.74% to $153.43, hitting its highest level.

Cigna Corporation, has added a new two week Hydration program to the Coach by Cigna health and fitness app, which is accessible at no charge in the Google Play™ app store for Samsung Galaxy S6 and S6 Edge and for Galaxy S5, Galaxy Note 4 and Note Edge mobile devices that have the Lollipop operating system.

The new two-week program was created by Coach Kristen Seymour, the Editor of FitBottomedGirls.com, who will assist you track your overall beverage intake, learn what proper hydration looks like, find new and healthier ways to properly hydrate and track your energy levels.

“If you have a hard time drinking enough water, this quick and easy program is for you,” says Coach Kristen. “Whether you’d like to cut down on your morning coffees or nix your afternoon soda pick-me-up, we’ll assist you sneak in more better-for-you water. Together, Cigna and I will show you how easy it is to enhance your water intake to fight fatigue and improve your health.”

Cigna Corporation, a health services organization, provides insurance and related products and services in the United States and internationally. The company’s Commercial segment offers insured and self-insured customers medical, dental, behavioral health, and vision, in addition to prescription drug benefit plans, health advocacy programs, and other products and services.

Shares of Broadcom Corp. (NASDAQ:BRCM), inclined 0.31% to $54.19, during its last trading session.

Broadcom, declared a satellite set-top box (STB) solution that delivers a boost in performance, lower power and support for the new DVB-S2X broadcast standard.

The new BCM45308 system-on-a-chip (SoC) device integrates Full Band Capture (FBC) technology to provide satellite operators with more efficient video and IP service distribution to subscribers’ connected devices throughout the home.

The Broadcom BCM453xx Series dramatically simplifies system design and cost by integrating dual FBC Analog Digital Converters (ADCs) and up to eight demodulators in a single chip. The inclusion of FBC technology and DVB-S2X demodulators allows operators to digitize the entire 250-2350 MHz spectrum and provide flexible bandwidth deployment and tuning function in the digital domain, which enables a drastic reduction of tuner area and power. Remote diagnostics capabilities offered by FBC technology saves operators costly on-site customer visits and pairs with FastRTV® technology to provide quick channel change regardless of frequency.

“The benefits of Full Band Capture paired with the newest broadcast standard for satellite television continue Broadcom’s efforts to provide operators with the most advanced products to benefit consumers,” said Nicholas Dunn, Broadcom Vice President of Direct Broadcast Satellite Marketing. “With the push to offer Ultra HD/4K programming, the added benefits of the S2X extensions, especially with channel bonding, will enable operators to better utilize their accessible bandwidth to deliver these additional services to their subscribers.”

Broadcom Corporation provides semiconductor solutions for wired and wireless communications. Its products offer voice, video, data, and multimedia connectivity in the home, office, and mobile environments.

Finally, The Blackstone Group L.P. (NYSE:BX), ended its last trade with -0.61% loss, and closed at $42.24.

The Blackstone Group, declared that Jonathan Pollack has joined the firm as a Senior Managing Director in its Real Estate Group. He will be the Chief Investment Officer for Blackstone Real Estate Debt Strategies (BREDS), reporting to Mike Nash, who continues as the Global Head of BREDS. Mr. Pollack was formerly a Managing Director and Global Head of Commercial Real Estate, in addition to Head of Risk for Structured Finance, at Deutsche Bank.

Mike Nash said, “Our real estate debt business has grown dramatically in the past few years, in size, scope and geography. Recently, we manage nearly $10 billion of investor capital through our publicly traded mortgage REIT (BXMT), our private mezzanine debt funds, and our CMBS investing platforms. Our recent purchase of mortgages from General Electric has scaled the business even further. We feel quite fortunate that we can attract a great talent and industry leader like Jonathan. Looking forward, Jonathan’s talents and experience will assist accelerate and enhance our growth, as we become one of the pre-eminent real-estate finance firms in the world.”

Added Jonathan Pollack, “I am delighted to join Blackstone. They are the leading real estate investor in the world recently in almost every sector. I see terrific opportunities here, and I am looking forward to working with the team.”

The Blackstone Group L.P. is a publicly owned investment manager. The firm also provides financial advisory services to its clients. It provides its services to public and corporate pension funds, academic, cultural, and charitable organizations.

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