During Wednesday’s Morning trade, Shares of Sprint Corp (NYSE:S), lost -1.30% to $3.80.
Independent mobile analytics firm RootMetrics® has just released a new RootScore® Report showing Sprint now has the fastest median download speed in Austin, and it has received a shared #1 ranking in overall performance, reliability, and call, together with an outright win in text performance.
This is Sprint’s second successive win of RootScore Awards in Austin for overall performance, reliability, call and text. During testing RootMetrics also found that Sprint had the fastest median download speed at 16.7 Mbps, up from 10.8 Mbps since the previous test in May 2015. As for call performance, the company recorded zero dropped or blocked calls during testing.
Sprint Corporation, through its auxiliaries, provides various wireless and wireline communications products and services to consumers, businesses, government subscribers, and resellers in the United States, Puerto Rico, and the U.S. Virgin Islands.
Shares of Dow Chemical Co (NYSE:DOW), declined -1.31% to $52.10, during its current trading session.
The Dow Chemical Company (DOW) declared that it has finalized the transaction to sell its ownership interest in MEGlobal to EQUATE Petrochemical Company K.S.C. and has received $1.5 billion in pre-tax proceeds. Dow had formerly declared its intent to optimize its ownership in its Kuwaiti Joint Ventures and the closure of this transaction represents progress toward delivering this commitment.
“This is a noteworthy step in our Kuwaiti JV consolidation activities and demonstrates Dow’s drive to review our entire joint venture portfolio with a best-owner mindset, with the objective of delivering maximum value to our shareholders,” said Andrew N. Liveris, Dow’s chairman and chief executive officer. “This transaction enables Dow to maintain our commitment to these long-standing joint ventures, while returning value to our owners.”
MEGlobal is a world leader in the manufacture and marketing of monoethylene glycol and diethylene glycol (EG), and is headquartered in Dubai, UAE. Established in July 2004, MEGlobal presently markets over 2.5 million metric tons of EG per year globally. EG is used as a raw material in the manufacture of polyester fibers (clothing and other textiles), polyethylene terephthalate (PET) resins, antifreeze formulations and other industrial products. MEGlobal is a joint venture between Dow and Petrochemical Industries Company (PIC) of Kuwait. Through its ownership interest in EQUATE, Dow retains a 42.5 percent ownership stake in MEGlobal.
The Dow Chemical Company manufactures and supplies products that are used primarily as raw materials in the manufacture of customer products and services worldwide. It operates through Agricultural Sciences, Consumer Solutions, Infrastructure Solutions, Performance Materials & Chemicals, and Performance Plastics segments.
Finally, Staples, Inc. (NASDAQ:SPLS), gained 0.99%, and is now trading at $9.65.
Staples, Inc. (SPLS) kicks off the New Year with the new back-to-business 110% Price Match Guarantee, giving customers even more confidence in Staples’ commitment to offer the best prices on products in stores and online. Staples is also assisting small business owners get more for less with the Business Less List, which offers the lowest prices on 28 essentials that businesses use the most every day.
“The New Year is a crucial time for business owners, and Staples is assisting our small business customers make more happen with a broad assortment of products at the lowest prices, expanded business services and easy ways to shop,” said Alison Corcoran, senior vice president of North American stores and online marketing, Staples. “At Staples, we have 30 years of experience assisting small businesses succeed, and we’re thrilled to build on that history with the back-to-business 110% Price Match Guarantee and Business Less List.”
To coincide with the back-to-business season – a time when small business owners are preparing for the year to come – Staples will price match items sold and shipped by Amazon.com, or any retailer that sells products in retail stores and online under the same brand. As part of the 110% Price Match Guarantee, customers will receive an additional 10 percent off the difference between the Staples price and the competitor price.
Staples, Inc., together with its auxiliaries, operates office products superstores. It operates through three segments: North American Stores & Online, North American Commercial, and International Operations. The company offers a range of office supplies, business technology products and services, facility and breakroom supplies, computers and mobility products, and office furniture under the Staples, Quill, and other proprietary brands.
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