During Wednesday’s Afternoon trade, Shares of QUALCOMM Incorporated (NASDAQ:QCOM), lost -0.16% to $62.53, after the company was downgraded to “sell” from “hold” by analysts at Drexel Hamilton.
The mobile chipmaker also had its price target cut to $60 from $55.
Drexel Hamilton analysts said the company is facing raised price competition.
The firm also reduced its 2016 earnings estimates as “intensified chipset competition sets the stage for royalty give-backs to hold share.”
QUALCOMM Incorporated designs, develops, manufactures, and markets digital communications products and services in China, South Korea, Taiwan, and the United States. The company operates through three segments: Qualcomm CDMA Technologies (QCT), Qualcomm Technology Licensing (QTL), and Qualcomm Planned Initiatives (QSI).
Shares of American Express Company (NYSE:AXP), inclined 0.75% to $78.30, during its current trading session.
American Express Company, declared the opening of The Centurion Studio in Seattle-Tacoma International Airport (SEA), an extension of The Centurion Lounge network in a smaller setting, and its first location in the Pacific-Northwest region. Located in Concourse B opposite from Gate B3, The Centurion Studio in SEA provides an oasis for Platinum Card and Centurion Members to relax and recharge.
Access to The Centurion Studio is the latest feature in a suite of travel benefits for Platinum Card Members. The Centurion Studio brings all the comfort, design, quality and convenience of The Centurion Lounge to a smaller, more intimate space, featuring the most essential amenities Card Members want while traveling. These comprise comfortable seating, charging stations, and free high-speed Wi-Fi. Card Members can also enjoy Seattle-inspired light bites, wine, beer and artisanal beverages.
The Centurion Studio features a curated collection of locally-inspired light bites and beverages from premium Seattle-based brands locals know and love:
- Build a breakfast parfait with Anna’s honey, Ellenos Yogurt and Marge Granola.
- Snack on Macrina Bakery artisan baked breads, Theo artisanal chocolate and Tim’s Cascade Chips, in addition to seasonal fresh fruit and crisp crudités with hummus.
- Enjoy handcrafted Jones Soda, savor an aromatic IPA from Georgetown Brewing Company or sip on award-winning wines from the Columbia Valley. Of course, The Centurion Studio in SEA would not be complete without fresh-roasted coffee, so locally-brewed Caffe Vita is served.
American Express Company, together with its auxiliaries, provides charge and credit payment card products and travel-related services to consumers and businesses worldwide. The company operates through four segments: U.S. Card Services, International Card Services, Global Commercial Services, and Global Network & Merchant Services.
Finally, Live Nation Entertainment, Inc. (NYSE:LYV), gained 0.95%, and is now trading at $27.75.
Due to overwhelming demand and immediate sold out ticket sales for both Janet Jackson’s planned Thursday, November 12 concert and the added Friday, November 13 appearances at Honolulu’s Neal S. Blaisdell Arena, Live Nation, Rhythm Nation, producer Tommy Meharey and Bamp project are adding a third presentation of JANET JACKSON’S “Unbreakable World Tour” on the evening of Sunday, November 15. The unprecedented sellouts five months in advance reflect the same clamor across the United States for the iconic star’s return to concert performance and similar advance excitement and demand across the United States for the first (yet untitled) studio album for her new Rhythm Nation label to be distributed by BMG.
American Express Card members and anyone that pre-orders Janet’s new album via JanetJackson.com will receive exclusive pre-sale access startning Tuesday, June 30th at 10:00 am until Thursday, July 2nd at 10:00 pm.
Tickets for the third Honolulu show go on sale to the public on Friday, July 3rd at 10:00 am at Ticketmaster.com. Tickets will be accessible in person at the Neal S. Blaisdell Box Office starting Saturday, July 4th.
Live Nation Entertainment, Inc. operates as a live entertainment company. The company operates through Concerts, Ticketing, Artist Nation, and Sponsorship & Advertising segments. The Concerts segment promotes live music events in its owned and/or operated venues, and in rented third-party venues; operates and manages music venues; and produces music festivals.
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