On Thursday, Shares of Sprint Corporation (NYSE:S), lost -1.27% to $3.90.
Sprint Corporation, and Dixons Carphone declared a commercial relationship that pairs Sprint with a premier European consumer electronics retailer renowned for innovation in wireless retail sales. The relationship is predictable to accelerate Sprint’s retail transformation, and is the latest inventive move to grow its number of retail stores.
This agreement is the latest in Sprint’s strategy to expand its distribution and provide shoppers with a better customer experience. Earlier this year, Sprint quickly and cost-effectively doubled the number of corporate-owned stores by opening Sprint at RadioShack in 1,435 locations, which are presently undergoing renovation. Sprint has also launched Direct 2 You, a one-of-a-kind service that brings a personalized sales experience directly to customers whenever and wherever they want – for free.
Sprint Corporation, through its auxiliaries, provides various wireless and wireline communications products and services to consumers, businesses, government subscribers, and resellers in the United States, Puerto Rico, and the U.S. Virgin Islands.
Shares of Youku Tudou Inc. (NYSE:YOKU), inclined 12.16% to $21.03, during its last trading session.
Youku Tudou, declared recently that the first foreign TV series approved by SAPPRFT under the new 2015 regulations for streaming foreign TV series and movies will debut on the Youku Tudou platform. The first episode of the Korean romantic comedy entitled “Hyde, Jekyll, and Me,” originally airing on SBS, will be made accessible on July 13 for all Youku Tudou users, with one new episode made accessible each day after. On July 16, paid subscribers will be given exclusive full season access and regular users will continue to have one new episode made accessible every subsequent weekday.
Youku Tudou’s subscription service presently offers a wide selection of movies from primarily Hollywood and domestic Chinese studios. Going forward, Youku Tudou will further enhance the value proposition of its subscription services and add exclusive TV series into the subscription package. These new additions will comprise TV series from the United States, Korea and Hong Kong in addition to Youku Tudou’s in-house productions.
Youku Tudou Inc. operates as an Internet television company in the People’s Republic of China. Its Internet television platform enables users to search, view, and share video content across various devices.
Finally, Suncor Energy Inc. (NYSE:SU), ended its last trade with -1.59% loss, and closed at $26.60, hitting its lowest level.
Suncor Energy, declared that it has reached a contract with TransAlta Corporation to exchange Suncor’s Kent Breeze and its share of the Wintering Hills wind power facilities for TransAlta’s Poplar Creek cogeneration facilities. The Poplar Creek facilities provide steam and power for Suncor’s Oil Sands Base site in Fort McMurray Alberta.
As part of the agreement, Suncor will acquire two steam turbine generators, transmission and distribution infrastructure, counting the interconnection to the Alberta power grid, and the balance of plant assets at the 376 megawatt (MW) Poplar Creek cogeneration facility. Additionally, under a contract with TransAlta until 2030, Suncor will assume operating control of two gas turbine generators and heat recovery steam generators at Poplar Creek. Following 2030, ownership of the gas turbine generators and heat recovery steam generators will transfer to Suncor.
The acquisition of the Poplar Creek cogeneration facilities is consistent with Suncor’s strategy of integrating related assets with its base operations to enhance reliability and efficiency.
Suncor Energy Inc. operates as an integrated energy company. The company primarily focuses on developing petroleum resource basins in Canada’s Athabasca oil sands; explores, acquires, develops, produces, and markets crude oil and natural gas in Canada and internationally; transports and refines crude oil; markets petroleum and petrochemical products primarily in Canada; and markets third party petroleum products.
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