On Thursday, Shares of Frontier Communications Corporation (NASDAQ:FTR), lost -0.41% to $4.81, hitting its lowest level.
Frontier Communications, declared that it recently accomplished four separate sales with six New York counties for next-generation capable 9-1-1 communications systems. These sales are in addition to Frontier’s 9-1-1 state-of-the-art system sale to Monroe County and the City of Rochester, N.Y., in the second half of 2014.
The systems were sold to counties within and outside of Frontier’s traditional service footprint in New York, with some counties partnering on a joint purchase. The featured equipment in all sales is the Airbus DS VESTA 4 system, a state-of-the-art IP-based integrated communications system that provides full redundancy and allows call takers to set up in a mobile environment in the event of evacuation. The new systems also provide more detailed and comprehensive reporting, enabling users to better analyze call data. In addition, they are next-generation 9-1-1 ready and capable of transmitting text, data and video images to 9-1-1 centers.
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 Cliffs Natural Resources Inc. (NYSE:CLF), inclined 4.14% to $3.27, during its last trading session.
On July 1, Cliffs Natural Resources, declared that its Board of Directors declared a quarterly cash dividend on the Company’s 7.00% Series A Mandatory Convertible Preferred Stock, Class A of $17.50 per share, which is equivalent to about $0.4375 per depositary share, each representing 1/40th of a share of Series A preferred stock. The cash dividend will be payable on Aug. 3, 2015 to shareholders of record of the Series A preferred stock as of the close of business on July 15, 2015. The Company stated that the aggregate amount of the preferred dividend payment is about $12.8 million.
Cliffs Natural Resources Inc. is a leading mining and natural resources company in the United States. The Company is a major supplier of iron ore pellets to the North American steel industry from its mines and pellet plants located in Michigan and Minnesota. Cliffs also operates an iron ore mining complex in Western Australia.
Finally, Liberty Property Trust (NYSE:LPT), ended its last trade with -0.64% loss, and closed at $32.68.
Liberty Property Trust, which owns and manages more than 17 million square feet of office, flex and industrial space in the Greater Philadelphia region, together with its joint venture partner Synterra Partners, broke ground recently on a 94,000 square foot office building, the first in Philadelphia to be designed by the world-renowned Bjarke Ingels Group. The event also featured a ribbon cutting ceremony officially opening the adjacent five-acre park, Central Green, developed in a joint investment by Liberty Property/Synterra, PIDC and the Commonwealth of Pennsylvania. Central Green was designed by James Corner Field Operations, landscape architect whose notable projects comprise Philadelphia’s Race Street Pier and New York City’s High Line.
Liberty Property Trust is a publicly owned real estate investment holding trust. Through its partner, it provides leasing, property administration, development, acquisition, and other tenant-related services for a portfolio of industrial and office properties.
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 through the use of such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should/might occur.
