On Thursday, Shares of Comcast Corporation (NASDAQ:CMCSA), gained 0.52% to $62.01.
Comcast celebrated the grand opening of STUDIO XFINITY recently in Chicago. The new 9,000-square-foot store at 901 W. Weed St. in Chicago’s Clybourn Corridor brings together the best TV and Internet technology in a unique store experience that will serve as a test environment for improved ways to serve customers. In addition, the store will serve as an interactive space in which customers can experience Comcast’s wide range of Internet, video, voice and home security and automation products and services.
“STUDIO XFINITY is a transformational retail environment designed to give our customers new ways to experience our products and services,” said John Crowley, senior vice president of Comcast’s Greater Chicago Region. “STUDIO XFINITY is a noteworthyinvestment and is part of a much larger effort underway here in Chicago and around the country to redefine the customer experience.”
“I’m thrilled that Comcast has selected the City of Chicago and specifically the 27th Ward as the site of the launch of STUDIO XFINITY,” said Walter Burnett, Chicago 27th Ward Alderman.
Comcast Corporation operates as a media and technology company worldwide. It operates through Cable Communications, Cable Networks, Broadcast Television, Filmed Entertainment, and Theme Parks segments.
Shares of YY Inc. (NASDAQ:YY), inclined 1.65% to $59.31, during its last trading session.
YY Inc., declared that its Board of Directors has received a non-binding proposal letter, dated July 9, 2015, from Mr. Jun Lei, Chairman of the Board, and Mr. David Xueling Li, director and Chief Executive Officer of YY (together, the “Buyer Group”), proposing a “going-private” transaction to acquire all of the outstanding ordinary shares of YY not already beneficially owned by the Buyer Group for $68.50 in cash per American depositary share (“ADS”), each representing 20 ordinary shares. The projected purchase price represents a premium of about 17.4% to the closing trading price of the Company’s ADS on July 8th, 2015, the last trading day preceding to the date hereof.
The Buyer Group presently beneficially owns about 35.7% of all the issued and outstanding shares of the Company, which represent about 75.1% of the aggregate voting power of the Company.
YY Inc., through its auxiliaries, operates an online social platform in the People’s Republic of China. It engages users in real-time online group activities through voice, video, and text on personal computers and mobile devices; and enables users to create and organize groups of various sizes to discover and take part in a range of online activities, counting music shows, online games, dating shows, live games broadcasting, and e-learning.
Finally, Ruckus Wireless, Inc. (NYSE:RKUS), ended its last trade with 1.85% gain, and closed at $9.90.
Ruckus Wireless, declared that the company will hold a conference call on July 29, 2015 at 2:00 p.m. Pacific Daylight Time to talk about its second quarter 2015 financial results.
Ruckus Wireless, Inc. provides carrier-class Wi-Fi solutions to service providers and enterprises worldwide. It provides gateways, controllers, and access points with related software and services.
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