On Friday, Shares of Frontier Communications Corporation (NASDAQ:FTR), gained 1.94% to $4.72.
Frontier Communications Corporation and the Communications Workers of America District 6 (CWA) are happy to declare the signing of a contract that will benefit CWA-represented employees in Texas and Missouri and Frontier’s future customers in Texas. The agreement is an important step forward in the process to complete Frontier’s planned acquisition of Verizon’s wireline business and assets in Texas, California and Florida. The CWA supports the projected acquisition and believes it is in the public interest and the interest of its members.
Frontier has agreed to honor and extend the existing collective bargaining agreements for two years. Highlights of the agreement comprise:
- Employee job security protection
- Extend the existing contracts for two years with wage enhances in each year
- The addition of 60 new union-represented jobs in Texas and Missouri
- Technician Job Upgrades
- Operational flexibility to enhance the service experience for customers
- All union employees will receive 100 shares of Frontier restricted stock upon the closing of the transaction to demonstrate Frontier’s commitment to its newest employees and their ownership in the company’s success
- Frontier continues to commit to a 100% U.S. based workforce
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 Hewlett-Packard Company (NYSE:HPQ), declined -0.33% to $30.52, during its last trading session.
Hewlett-Packard Company declared the availability of a full suite of Windows 10 services designed to assist enterprises control costs while expediting the move to the new Microsoft operating system.
HP, a Preferred Provider of Microsoft cloud productivity and mobility solutions, now offers the most comprehensive portfolio of services accessible for the Microsoft enterprise ecosystem which comprises Enterprise Services for Office 365, Readiness Workshop for Office 365, Enterprise Mobility Suite, Skype for Business and the new Windows 10 enterprise suite of services. The new Windows 10 services comprise:
- HP Test Drive Services for Windows 10
- HP Transformation Services for Windows 10
- HP Roadmap Service for Windows 10
- HP WebApp Accelerator Service for Internet Explorer 11.
Hewlett-Packard Company, together with its auxiliaries, provides products, technologies, software, solutions, and services to individual consumers and small- and medium-sized businesses (SMBs), in addition to the government, health, and education sectors worldwide.
Finally, Delta Air Lines, Inc. (NYSE:DAL), ended its last trade with 0.70% gain, and closed at $44.34.
China Eastern Airlines and Delta Air Lines signed a contract to expand their partnership and better connect Delta’s global network with China Eastern, one of the leading airlines in China. The agreement will comprise a $450 million investment by Delta to acquire a 3.55 percent stake in China Eastern.
This move marks a noteworthy step in the airlines’ partnership and partnership that will allow Delta and China Eastern to compete more effectively on routes between the U.S. and China, provide more travel options for customers in both countries and make joint investments in the customer experience.
China Eastern and Delta continue to strengthen cooperation and support each other in the China-U.S. market through greater access to each other’s networks and an improved customer experience. Among recent improvements:
- China Eastern and Delta have expanded their joint China-U.S. offering – further cementing their position in the largest market to/from Shanghai – with Delta’s recent addition of new Los Angeles to Shanghai service.
- Delta’s recent move to Terminal 1 at Shanghai’s Pudong Airport to co-locate with China Eastern and Shanghai Airlines has resulted in more convenient connections and a seamless airport and baggage experience for customers.
- Newly developed joint corporate sales provide more competitive products to customers in China and the U.S.
Delta Air Lines, Inc. provides planned air transportation for passengers and cargo worldwide. The company operates in two segments, Airline and Refinery. Its route network comprises various gateway airports in Amsterdam, Detroit, Los Angeles, Minneapolis-St. Paul, New York-LaGuardia, New York-JFK, Paris-Charles de Gaulle, Salt Lake City, Seattle, and Tokyo-Narita.
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