On Wednesday, Alcatel Lucent SA (ADR) (NYSE:ALU)’s shares declined -2.60% to $3.37.
Alcatel-Lucent ( ALU) and Telefónica have signed a memorandum of understanding under which the companies will test NFV (network functions virtualization) technologies as part of the operator’s strategy to evolve its networking infrastructure. The work will focus on enhancing network performance and efficiencies to support ever-growing demand for flexible connectivity.
The new MoU renews and expands the companies’ February 2014 agreement which declared the application of Alcatel-Lucent’s CloudBand™ platform to advance NFV implementation. Under the new agreement, Alcatel-Lucent and Telefónica will investigate how mobile networks can be transformed to meet demands being placed on them by the Internet of Things, machine-to-machine communications and raised customer connectivity.
Key Facts:
- Alcatel-Lucent and Telefónica share the same vision for the evolution of networks towards the 2020 horizon, where NFV plays a major role.
- As part of their collaboration, at Mobile World Congress 2015, Alcatel-Lucent and Telefónica jointly demonstrated Alcatel-Lucent’s mobile solution as part of a fully virtualized network, counting the vRAN, vCDN, vEPC and vIMS. Telefónica also took part in a four-way video-conference using the Alcatel-Lucent virtualized mobile network counting VoLTE.
- More recently, the Alcatel-Lucent Virtualized Service Router has delivered outstanding performance results during testing in Telefónica’s NFV Reference Lab with 100% line-rate performance (zero losses). The VSR is designed to operate in any virtualized environment. Because it is supported by the same Alcatel-Lucent Service Router Operator System and managed by the 5620 Service Aware Manager, service providers such as Telefónica can seamlessly deploy it alongside hardware-based routers.
Alcatel-Lucent provides Internet protocol (IP) and cloud networking, and ultra- broadband access worldwide. The company’s Core Networking segment offers IP routing, carrier Ethernet, network functions virtualization, and software defined networking applications and infrastructure to meet the challenges of network traffic growth while supporting the delivery of cloud-enabled business, mobile, and residential services for service providers, mobile network operators, cable/multiple system operators, transportation, utilities, and large-scale enterprises.
Public Service Enterprise Group Inc. (NYSE:PEG)’s shares dropped -0.62% to $41.38.
The PSEG Foundation is accepting applications from afterschool, summer and youth development programs to develop new or enhance existing STEM (Science, Technology, Engineering, and Math) educational opportunities for students. A total of up to $250,000 in grants will be awarded by the Foundation through its PSEG Science SPARK Partners funding program.
The PSEG Foundation will consider applications from our New Jersey service territory, in addition to Salem and Cumberland counties, and our service/operation territories in Long Island and Albany, NY, and Bridgeport and New Haven, CT.
The number of recipients and their award amount will be decided based on the strength of the proposals received, at the discretion of Foundation staff. Applications must be accomplished and presented by Friday, August 14 at 5 p.m. EST. All applicants will receive notification about funding decisions in late September.
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. It sells electricity, natural gas, emissions credits, and a series of energy-related products that are used to optimize the operation of the energy grid.
At the end of Wednesday’s trade, Carnival Corp (NYSE:CCL)‘s shares dipped -2.51% to $48.94.
Carnival Corporation & plc (CCL), the world’s largest travel and leisure company, recently declared that the U.S. Department of the Treasury and the U.S. Department of Commerce granted approval for the company to start travel to Cuba. Carnival Corporation intends to take travelers to Cuba startning in May 2016 via its newly launched fathom brand – a new social impact travel brand providing purpose-oriented, social impact experiences, initially in the Dominican Republic.
Carnival Corporation intends to operate fathom travel itineraries directly to Cuba for the purpose of providing cultural, artistic, faith-based and humanitarian exchanges between American and Cuban citizens. Authorized under current U.S.-to-Cuba travel guidelines, the new Cuban itineraries on fathom will strictly comply with U.S. Department of Treasury rules that allow licensed travel companies to transport approved travelers to Cuba to engage in activities that support the Cuban people. Carnival Corporation is in active talk aboutions and plans to work with the appropriate authorities in Cuba so that Cuban approval is granted.
Launched June 4th as Carnival Corporation’s 10th global brand, fathom is designed as a purpose-driven brand to enrich the lives of its travelers and in the case of the Dominican Republic, drive sustainable social impact on a noteworthyscale. The brand anticipates to attract 37,000 annual travelers who collectively could spend a total of more than 100,000 days a year either volunteering or immersing in educational and cultural exchanges in local communities.
Carnival Corporation operates as a cruise company worldwide. It provides vacations to various cruise destinations. The company offers cruise services under the Carnival Cruise Lines, Holland America Line, Princess Cruises, and Seabourn brand names in North America; and AIDA Cruises, Costa Cruises, Cunard, and P&O Cruises names in Europe, Australia, and Asia. It operates 100 cruise ships. It also owns and operates 12 hotels or lodges, and about 300 motor coaches and 20 glass-domed railcars. The company sells its cruise services through retail, online and home-based agents, wholesalers, general sales agents, and tour operators. Carnival Corporation was incorporated in 1972 and is headquartered in Miami, Florida.
Wendys Co (NASDAQ:WEN), ended its Wednesday’s trading session with -1.04% loss, and closed at $10.49.
Wendy’s® High School Heisman® Award, which honors outstanding scholar-athletes for their commitment to academic achievement, community service and athletic prowess, continues to give recognition to high school seniors. New this year, State Winners will be awarded with a $1,000 donation to their high school. Students have until October 2, 2015 to complete the new online application for the Award. The first 1,000 students to submit an application online at www.WendysHighSchoolHeisman.com will receive a Wendy’s Gift Card valued at $10.
Wendy’s High School Heisman is more than just an award, but an opportunity to join an ever-growing and distinguished group of past winners who set new standards for excellence in their communities, such as:
- Zoe Alaniz– A national winner in 2012, Zoe went on to Texas A&M University, where she was recognized by her peers with the Class Stars Award for being one of the most outstanding students in her freshman class. Alaniz is pursuing a Bachelors of Science in Mathematics with honors and remains committed to community service and competing in the Southeastern Conference for her dive team. She will be taking her second medical service trip to Quetzaltenango, Guatemala, this summer, as the new leader of the Global Leaders on Valuable Efficacy organization.
- Malia Cali –After winning the award in 2009, Cali went on to be a leader on the University of North Carolina cross country and track team, in addition to a leader for Carolina Dreams, an organization that brings children from hospitals to sporting events. She also assisted organize domestic and international service trips through Student-Athletes Leading Social Change (SALSC). Cali is following up her Biology degree as a medical student at Louisiana State University and remains dedicated to community service and spreading medical awareness. She serves as the public relations chair and counselor for Camp Tiger, a camp run by medical students for children with special needs, the president of the Physical Medicine and Rehabilitation interest group, and as secretary of Proteges, a group that provides mentorship opportunities for up and coming doctors at LSUHSC.
The Wendy’s Company, through its auxiliaries, owns and franchises Wendy’s restaurant system. The company is involved in operating, developing, and franchising a system of quick-service restaurants. As of May 26, 2015, its restaurant system comprised of about 6,500 franchised and company-operated restaurants worldwide. The company was formerly known as Wendy’s/Arby’s Group, Inc. and changed its name to The Wendy’s Company in July 2011.
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