On Wednesday, Shares of Frontier Communications Corporation (NASDAQ:FTR), lost -1.02% to $4.83, hitting its lowest level.
Frontier Communications Corporation, declared that Kathleen Weslock will join the company as Executive Vice President and Chief People Officer, effective July 13, 2015. She will report to Daniel J. McCarthy, President and Chief Executive Officer, and serve as a member of the company’s Senior Leadership Team.
Ms. Weslock will oversee all aspects of human resources, counting both planned direction and daily operations. She will also be responsible for labor relations, transformation and growth. She will play a noteworthy role in the integration of 11,000 employees who will join Frontier following completion of the company’s pending transaction to acquire Verizon wireline assets in California, Florida and Texas. The acquisition is predictable to close in early 2016.
Frontier Communications Corporation, a communications company, provides regulated and unregulated voice, data, and video services to residential, business, and wholesale customers in the United States.
Shares of Comerica Incorporated (NYSE:CMA), declined -3.20% to $47.73, during its last trading session.
Rapid Micro Biosystems, a leading provider of automated, non-destructive, rapid microbial detection, declared the closing of its $16 million term loan facility with Solar Capital and $3 million revolving credit facility with Comerica Bank. The financing will provide Rapid Micro Biosystems working capital to support the continued global commercialization of its industry leading technology.
Rapid Micro Biosystems’ Growth Direct™ System detects contamination earlier, delivering compelling economic benefits to pharmaceutical, medical device, personal care and contract manufacturers while improving their microbial quality process. In use by some of the largest companies in the industry, the Growth Direct System is the first and only automated technology that addresses all key microbial quality control applications and fits with current regulatory practices, a critical accelerator for adoption.
Comerica Incorporated, through its auxiliaries, provides various financial products and services. It operates through three segments: Business Bank, Retail Bank, and Wealth Administration. The Business Bank segment offers various products and services, such as commercial loans and lines of credit, deposits, cash administration, capital market products, international trade finance, letters of credit, foreign exchange administration services, and loan syndication services to middle market businesses, multinational corporations, and governmental entities.
Finally, Crown Castle International Corp. (NYSE:CCI), ended its last trade with -1.38% loss, and closed at $80.52.
Crown Castle International Corp., declared that it plans to release its second quarter 2015 results on Wednesday, July 22, 2015, after the market closes. In conjunction with the release, Crown Castle has planned a conference call for Thursday, July 23, 2015, at 10:30 a.m. eastern time.
Crown Castle International Corp., together with its auxiliaries, owns, operates, and leases shared wireless infrastructure in the United States and Australia. The company provides towers and other structures, such as rooftops; and distributed antenna systems, a type of small cell network (small cells).
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