On Thursday, Shares of AT&T, Inc. (NYSE:T), gained 0.46% to $34.88.
ON.Lab, declared that a team comprised of AT&T, ONOS project, PMC-Sierra (PMCS) and Sckipio will showcase the first public demonstration of the Central Office Re-architected as Data Center (CORD) proof-of-concept (POC) at next week’s Open Networking Summit (ONS2015) in Santa Clara, Calif.
Many carriers in both the telecom and cable fields are espousing next generation architectures that borrow heavily from web-scale data centers and cloud providers. With this, they want to use SDN and NFV to transform their carrier functions into workloads that are hosted on common, commodity infrastructure. “CORD” refers to this approach of providing infrastructure-as-a-service and networking services as tenant applications for this infrastructure.
“SDN and NFV are speeding up innovation, as seen in projects like CORD,” said Tom Anschutz, Distinguished Member of Technical Staff at AT&T. “These technologies create systems that do not need new standards to function and enable new behaviors in software, which decreases development time. Faster development time leads to rapid innovation, something the industry needs to continue satisfying data-hungry customers.”
AT&T Inc. provides telecommunications services in the United States and internationally. The company operates through two segments, Wireless and Wireline. The Wireless segment offers data and voice services, counting local, long-distance, and network access services, in addition to roaming services to youth, family, professionals, small businesses, government, and business customers.
Shares of Johnson Controls Inc. (NYSE:JCI), declined -1.16% to $52.97, during its last trading session.
Johnson Controls, declared that it is exploring planned options for the separation of its automotive business.
The JCOS reflects “the Johnson Controls way” and provides an operational vehicle to create value through systemic application of planned capabilities across the company. As talk abouted at the company’s analyst meeting in December 2014, the JCOS is already delivering results and is predictable to yield $2 billion in incremental segment income by 2020 through operational effectiveness and raised speed to market.
Johnson Controls said it had no specific timetable for the completion of the planned review, which comprises a full range of planned options for the automotive business. The company is also ongoing to actively evaluate growth platforms that are aligned with the unique operational capabilities and specific attributes of its multi-industrial portfolio.
Johnson Controls has engaged Goldman Sachs and Centerview Partners to serve as financial advisors, and Wachtell, Lipton, Rosen and Katz to serve as legal advisor in connection with this planned review.
Johnson Controls, Inc. operates as a diversified technology and industrial company worldwide. Its Building Efficiency segment designs, produces, markets, and installs integrated heating, ventilating, and air conditioning systems, in addition to building administration systems, controls, and security and mechanical equipment.
Finally, Weatherford International plc (NYSE:WFT), ended its last trade with -1.11% loss, and closed at $14.21, as crude oil prices fell on Thursday as players took profits from the past two days of gains, turning bearish after the dollar’s rise against the euro on Greek debt worries weighed on demand for commodities.
A positive outlook for oil from the International Energy Agency (IEA) was offset by the dollar’s first rally in five days against a basket of currencies .DXY. A stronger dollar makes commodities denominated in the greenback, counting oil, costlier for other currency users, according to Reuters.
“Oil continues to slip and slide when it gets bad news out of Greece,” said Phil Flynn, analyst at Chicago-based Price Futures Group. Both U.S. and Brent crude futures fell more than $1 a barrel before paring losses on short-covering by those wary of a potential resurgence, analysts said. Reuters Reports.
Weatherford International public limited company provides equipment and services used in the drilling, evaluation, completion, production, and intervention of oil and natural gas wells worldwide.
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