On Monday, Shares of Frontier Communications Corporation (NASDAQ:FTR), gained 2.19% to $5.61.
After landing in North Texas three years ago, Connecticut-based Frontier Communications Corp. has expanded its regional hub within Richardson’s famed Telecom Corridor, according to American City Business Journals.
The telecommunications provider has signed a short-term lease for 192,340 square feet of office space within the tower at 2221 Lakeside Blvd. in Richardson, which will consolidate the firm’s North Texas locations and bring upwards of 800 employees to the new campus. American City Business Journals Reports
Frontier Communications moved into its new space on July 1 after signing the deal in a quick three-week period of time, he added. Cawley Partners had the space to lease and were amiable to making the short-term deal in hopes the relationship can continue on the for the long haul, he said. American City Business Journals added.
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 Mobileye N.V. (NYSE:MBLY), inclined 7.53% to $64.14, during its last trading session, hitting its highest level.
Mobileye declared financial results for the quarter ended June 30, 2015.
Second Quarter 2015 Financial Highlights
- Revenue: Total revenue for the second quarter of 2015 was $52.8 million, an enhance of 57% contrast to $33.7 million in the preceding-year period. Within total revenue, original equipment manufacturing (OEM) revenue was $43.6 million, contrast to $28.8 million in the preceding-year period. After market (AM) revenue contributed the remaining $9.2 million of total revenue for the second quarter of 2015 contrast to $4.9 million in the preceding-year period.
- Net Income and Earnings per Share: GAAP net income for the second quarter of 2015 was $15.3 million, or $0.06 per diluted share. This compares to GAAP net income of $0.2 million or about breakeven on a per share basis for the second quarter of 2014. GAAP results comprised of share-based compensation expense of $8.4 million for the second quarter of 2015 and $11.0 million for the second quarter of 2014.
Mobileye N.V., together with its auxiliaries, designs and develops software and related technologies for camera-based advanced driver assistance systems primarily in Israel. It operates through two segments, Original Equipment Manufacturing and After Market.
Finally, Domtar Corporation (NYSE:UFS), ended its last trade with 1.22% gain, and closed at $39.68.
Domtar Corporation short documentary, A Portrait on Paper, earned three Telly Awards. The 36th annual Telly Awards honor the finest film and video productions, attracting more than 12,000 entries from five continents. Domtar’s inspirational short video received a Silver Award for Best Corporate Image; a Bronze Award for Best Creative Director; and a Bronze Award for Best Editing.
Domtar’s short documentary, A Portrait on Paper, highlights the life of a 20-year employee from the company’s Marlboro Mill in Bennettsville, South Carolina. Part of Domtar’s Paper Made Here program, this film demonstrates how North American paper companies, like Domtar, positively impact the lives of North American workers, their families, and their local communities.
The employee story shared in A Portrait On Paper is just one of thousands within the North American paper industry. The North American paper industry supports hundreds of thousands of jobs, and Domtar alone provides nearly 9,000 jobs across North America.
Domtar Corporation designs, manufactures, markets, and distributes communications papers, specialty and packaging papers, and absorbent hygiene products in the United States, Canada, Europe, Asia, and internationally. It operates in two segments, Pulp and Paper, and Personal Care.
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