On Monday, Comcast Corporation (NASDAQ:CMCSA)’s shares inclined 0.82% to $57.89.
Comcast Corporation declared a pilot program that will extend Internet Essentials, the nation’s largest and most comprehensive high-speed Internet adoption program for low-income families, to more than 90,000 low-income community college students who are Federal Pell Grant recipients in Illinois.
According to the National Center for Education Statistics, community colleges enroll as many as 40 percent of all college students each year. As low-cost, open-access institutions, community colleges serve a high percentage of non-traditional students, counting those who are low-income, are financially independent, have dependents, are first generation, and are older.
According to research, an associate degree enhances the chance of being employed by 12 to 15 percent for men and 20 percent for women. In addition, according to the Community College Resource Center, an associate degree enhances average earnings contrast to a high school diploma by 13 percent for men and 21 percent for women. In 2012, the American Association of Community Colleges estimated community college graduates added $809 billion in income to the U.S. economy in higher wages, raised productivity, and multiplier effects. Additionally, according to an Illinois Community College Board report, concluding a community college program enhances lifetime earnings by 44%, or over $570,000, contrast to those who do not complete a program.
Comcast Corporation operates as a media and technology company worldwide. It operates through Cable Communications, Cable Netoperates, Broadcast Television, Filmed Entertainment, and Theme Parks segments. The Cable Communications segment offers video, high-speed Internet, and voice services to residential and business customers under the XFINITY brand name. This segment also provides business services, such as cellular backhaul services to mobile network operators; Ethernet network services; and online advertising services.
Marvell Technology Group Ltd. (NASDAQ:MRVL)’s shares showed no changes to $8.65.
Marvell (MRVL) — a worldwide leader in providing complete silicon solutions from mobile communications to storage, Internet of Things (IoT), cloud infrastructure, digital entertainment, in-home content delivery and Kinoma® software enabling the “Smart Life and Smart Lifestyle”— recently expanded its partnership with Swisscom, a leading European telecom provider, to launch a new line of Ultra HD (UHD) Android IPTV set-top boxes (STBs) powered by Marvell’s ARMADA® 1500 Ultra (88DE3218) system-on-chip (SoC) platform. The platform comprises Marvell’s proven Avastar® 88W8897 2×2 Wi-Fi processor delivering carrier grade video services. Marvell’s ARMADA 1500 Ultra cost-effectively delivers feature-rich UHD entertainment and gaming services to Swisscom’s subscribers. This UHD partnership builds upon the successful launch and market acceptance of Swisscom TV 2.0 in 2014.
The ARMADA 1500 Ultra offers a complete platform solution, providing support for video SoCs, Wi-Fi and IoT services. Marvell’s leading video processing IP comprises an improved Qdeo® Video Processor that addresses the Ultra HD content services being launched by PayTV operators for an immersive TV experience. With its quad-core Cortex A53 ARMv8 64-bit CPU and 51 GFLOP GPU, the ARMADA 1500 Ultra’s innovative architecture combines impressive processing power in an incredibly small package, which is four times smaller than other SoCs on the market, enabling powerful and aesthetically appealing compact STB designs. Marvell’s platform also features a sophisticated security processor supporting leading revenue security solutions from Verimatrix to meet the strict standards of service operators and content partners, building on Marvell’s legacy of supporting the first Android STB with conditional access systems (CAS).
Marvell Technology Group Ltd. designs, develops, and markets analog, mixed-signal, digital signal processing, and embedded and standalone integrated circuits. It offers mobile and wireless products comprising communications and applications processors; thin modems; and connectivity solutions, counting Wi-Fi, Bluetooth, near field communication, and FM; and mobile computing products, in addition to silicon solutions and Kinoma software. The company also provides a range of data storage products, such as hard disk drive and solid-state drive controllers.
At the end of Monday’s trade, Public Service Enterprise Group Inc.(NYSE:PEG)‘s shares surged 0.67% to $40.61.
Public Service Electric and Gas Company (PSE&G), New Jersey’s largest utility, recently declared a $905 million settlement in principle with the staff of the New Jersey Board of Public Utilities (BPU) and the New Jersey Division of Rate Counsel to expedite the replacement of aging gas pipes — supporting a safe, clean and reliable gas system well into the future. The agreement detailing this three-year program will be presented to the BPU for formal approval in the coming weeks.
In a filing with the BPU declared on March 2, PSE&G sought approval to invest $1.6 billion during five years to accelerate the replacement of 800 miles of cast iron and unprotected steel gas mains, and 55,000 unprotected steel service lines to homes and business. The settlement will enable the utility to replace up to 510 miles of gas mains and 38,000 service lines over the three-year period. This agreement culminates six months of formal discovery, review and talk about, counting public hearings before the BPU.
Public Service Enterprise Group Incorporated, through its auxiliaries, operates as an energy company primarily in the northeastern and Mid Atlantic United States. The company operates nuclear, coal, gas, oil-fired, and renewable generation facilities with a generation capacity of about 13,146 megawatts.
ON Semiconductor Corp (NASDAQ:ON), ended its Monday’s trading session with -1.41% loss, and closed at $9.78.
Bio-on and Moore Capital signed a license agreement to build the first Brazil-based facility to produce PHAs bioplastic from sugar cane co-products.
The two companies, operating in sustainable biochemistry and in the development of eco-sustainable industrial solutions, will work together to build a production site with a 10 thousand tons/year output, in the state of São Paulo and/or Acre State. Requiring an 80 million Euro investment, the facility will be the most advanced biopolymers production site in South America. The new production hub will create 60 new jobs plus allied industries, assisting to meet the high demand for this revolutionary biopolymer already coming in from numerous companies that transform or produce conventional plastic in Brazil.
PHAs, or polyhydroxyalkanoates, are bioplastics that can replace a number of traditional polymers presently made with petrochemical processes using hydrocarbons. The PHAs developed by Bio-on guarantee the same thermo-mechanical properties with the advantage of being completely naturally biodegradable.
ON Semiconductor Corporation manufactures and sells semiconductor components for various electronic devices worldwide. It operates in four segments: Application Products Group, Image Sensor Group, Standard Products Group, and System Solutions Group.
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