On Friday, Shares of Comcast Corporation (NASDAQ:CMCSA), gained 0.10% to $58.82.
Comcast Corporation has added its newest member to the California Technical Operations group, naming Joe Bell as the new Area Vice President for the South Valley. Bell will report to Amy Lynch, Regional Vice President of Technical Operations for Comcast California.
Bell will be overseeing all aspects of Comcast’s operations in the South Valley, counting Fresno, Merced, Visalia, Santa Maria and North Santa Barbara areas. He recently served as the Senior Director of Technical Operations, for the Big South region. In that role, Bell was responsible for the day-to-day operations of the South Area which comprises Central and Southern Mississippi, Louisiana and Southern Alabama. Bell replaces Jeff Votaw who recently transferred to Sacramento to serve as Area Vice President for the Sacramento Valley.
Preceding to working in the Big South Region, Bell served as Director of Technical Operations for the city of Chicago in Comcast’s Chicago Region. He also served his community as a Board member for Quad County Urban League and as head coach and board member for his local youth football league. Bell is an active member of Women in Cable Telecommunications (WICT), Society of Cable Telecommunication Engineers (SCTE) and the National Association for Multi-Ethnicity in Communications (NAMIC). He studied Business Administration at Michigan State University and Eastern Michigan University.
Comcast Corporation operates as a media and technology company worldwide. It operates through Cable Communications, Cable Networks, Broadcast Television, Filmed Entertainment, and Theme Parks segments.
Shares of AllianceBernstein Income Fund (NYSE:ACG), inclined 6.57% to $7.95, during its last trading session, hitting its highest level.
AllianceBernstein Income Fund declared that the Board of Directors of the Fund approved a projected acquisition of its assets, and the assumption of its liabilities, by AB Income Fund, a newly-formed series of AB Bond Fund, Inc., an open-end registered investment company. The Acquisition requires the approval of the Fund’s shareholders and a Special Meeting of Shareholders of the Fund is planned to be held on February 1, 2016 to solicit the vote of shareholders on the Acquisition. The close of business on October 28, 2015 has been fixed as the record date for the Special Meeting or any adjournment or postponement thereof.
Each of the Fund and Income Fund is advised by AllianceBernstein L.P.. Income Fund will have the same investment objective as the Fund. Like the Fund, Income Fund will normally invest at least 80% of its net assets in income-producing securities. The most noteworthy difference between the Fund and Income Fund is that while the Fund invests at least 65% of its assets in securities issued by the U.S. government, Income Fund will invest at least 65% of its assets in securities of U.S. and foreign governments. The broader investment policy of the Income Fund should provide the investment flexibility to better manage duration and credit risk. To limit the risk of this broader investment policy, the Income Fund will have an additional policy to invest at least 65% of its assets in securities denominated in U.S. dollars. Income Fund will be managed by the same portfolio managers as the Fund.
AllianceBernstein Income Fund is a closed-ended fixed income mutual fund launched and managed by AllianceBernstein L.P. It invests in the fixed income markets of the United States.
Finally, American Homes 4 Rent (NYSE:AMH), ended its last trade with -3.76% loss, and closed at $15.88, hitting its lowest level.
American Homes 4 Rent declared that, on August 6, 2015, the Board of Trustees declared a dividend of $0.05 per share on the Company’s common shares for the third quarter of 2015. The distribution will be payable in cash on September 30, 2015 to shareholders of record on September 15, 2015.
The Board of Trustees also declared a per share quarterly distribution on the Company’s participating preferred shares of $0.3125 on the 5.000% Series A shares, $0.3125 on the 5.000% Series B shares and $0.34375 on the 5.5000% Series C shares, payable on September 30, 2015 to shareholders of record on September 15, 2015.
American Homes 4 Rent is a real estate investment trust. The firm engages in the acquisition, renovation, leasing, and operating single-family home rental properties in the United States. American Homes 4 Rent was founded in 2012 and is based in Malibu, California.
DISCLAIMER:
This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.
All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.
Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.
Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties, which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified with such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should/might occur.
