On Wednesday, Shares of Intel Corporation (NASDAQ:INTC), lost -0.40% to $28.61, hitting its lowest level.
Wind River®, a global leader in delivering software for the Internet of Things (IoT), has declared that it will take part in a proof-of-concept (PoC) led by KDDI R&D Laboratories Inc. for automated operation for Network Functions Virtualization (NFV) test beds.
The PoC will utilize Wind River Titanium Server as its foundation for demonstrating the deployment of virtual network function. Titanium Server is a carrier grade NFV infrastructure software solution that meets the stringent requirements of the telecom industry.
During the latest PoC earlier this year, using virtualization technologies, KDDI R&D Labs successfully demonstrated full automation of the operational flow for not only mobile equipment but also fixed-line facilities. For example, the demonstration comprises administration control systems that can automatically and right away perform failure recovery for defects in software-based functions or virtualized platforms.
Intel Corporation designs, manufactures, and sells integrated digital technology platforms worldwide. It operates through PC Client Group, Data Center Group, Internet of Things Group, Mobile and Communications Group, Software and Services, and All Other segments.
Shares of KeyCorp. (NYSE:KEY), inclined 1.93% to $15.33, during its last trading session.
KeyCorp., declared second quarter net income from ongoing operations attributable to Key common shareholders of $230 million, or $.27 per common share, contrast to $222 million, or $.26 per common share, for the first quarter of 2015, and $242 million, or $.27 per common share, for the second quarter of 2014.
For the six months ended June 30, 2015, net income from ongoing operations attributable to Key common shareholders was $452 million, or $.52 per common share, contrast to $474 million, or $.53 per common share, for the same period one year ago.
KeyCorp operates as the bank holding company for KeyBank National Association that provides various retail and commercial banking services to individual, corporate, and institutional clients in the United States.
Finally, TEGNA Inc. (NYSE:TGNA), ended its last trade with -0.80% loss, and closed at $29.81.
TEGNA, declared it has signed a contract to sell its company headquarters for $270 million to Tamares, a private investment group established to make long-term investments in real estate, technology and the leisure industries. The deal is predictable to close late in the third quarter or early in the fourth quarter of this year.
As part of the projected deal, TEGNA will continue to occupy a portion of the building for 18 months.
“This agreement is a continuation of our aim to optimize our real estate portfolio across the company and allows us to transition to better use of space for our corporate headquarters,” said Gracia Martore, president and CEO, TEGNA. “TEGNA remains committed to staying in the Washington, D.C. area and a process is underway to find the most appropriate space to meet our company needs. We are happy that Tamares will be taking over ownership of a great building and look forward to working with them over the coming months.”
The deal was brokered by the CBRE Group, Inc.
TEGNA Inc. engages in media and digital businesses in the United States. The company operates 46 television stations that produce local programming, such as news, sports, and entertainment; and associated online sites.
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