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Wednesday 10 June 2015
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Pre-Market News Buzz on: AT&T, (NYSE:T), CEMEX, (NYSE:CX), GlaxoSmithKline, (NYSE:GSK), Cowen Group, (NASDAQ:COWN)

On Thursday, Shares of AT&T, Inc. (NYSE:T), gained 0.69% to $35.27.

AT&T, is committed to providing its customers reliable communications during the forthcoming hurricane season - before, during and after storms - and has one of the industry’s largest and most advanced business continuity and disaster response programs to keep its networks operational.

Despite predictions, we never know when the next tropical storm or hurricane will hit the coastline. With more than $600 million invested in the Network Disaster Recovery (NDR) program, AT&T’s arsenal of equipment comprises more than 300 technology and equipment trailers that can be quickly deployed, making it one of the nation’s largest and most advanced disaster programs.

“Staying connected during severe weather events is critically important to consumers, businesses and our emergency administration officials,” said Sonia Perez, President of AT&T Louisiana. “That’s why AT&T invests a tremendous amount of resources in our network reliability and disaster response capabilities.”

The NDR team works closely with other AT&T response teams, local AT&T network personnel, regional Emergency Operations Centers and Local Response Centers to fortify network facilities and equipment, and stage technicians and resources near the storm impact area. In the event of damage, teams are poised to restore and maintain service until permanent repairs can be made. AT&T is the only telecom company to recently become re-certified under new international standards by the Department of Homeland Security for its private-company voluntary disaster preparedness.

AT&T Inc. provides telecommunications services in the United States and internationally. The company operates through two segments, Wireless and Wireline. The Wireless segment offers data and voice services, counting local, long-distance, and network access services, in addition to roaming services to youth, family, professionals, small businesses, government, and business customers.

Shares of CEMEX, S.A.B. de C.V. (NYSE:CX), declined -0.76% to $9.14, during its last trading session.

CEMEX, declared a joint project with the United Nations Educational, Scientific and Cultural Organization (UNESCO), the International Union for the Conservation of Nature (IUCN), Conservation International, and The WILD Foundation to promote awareness of natural sites of great relevance to all mankind.

Iconic natural sites such as Galapagos Islands, the Okavango Delta, the Monarch Butterfly Biosphere Reserve, Ha Long Bay, or the Yellowstone National Park, are recognized by UNESCO’s World Heritage Convention, which seeks to promote cooperation among nations to identify the world’s most outstanding natural and cultural areas and conserve them for future generations.

The protection of these unique and diverse places requires great effort and represents a major challenge. Together with four conservation organizations, CEMEX commits to building awareness about natural World Heritage sites, assisting to promote and develop a culture of appreciation and respect for nature among its own stakeholders and, by extension, the global community.

As part of this effort, CEMEX will release later this year the book “Earth´s Legacy: Natural World Heritage”. This is the third volume of CEMEX’s Nature Series which builds on the tradition of our CEMEX Conservation Series, a 20-volume collection of books that published its first volume in 1993. The book comprises impressive images of some of the most respected conservation photographers in the world in addition to the description of more than 100 amazing natural sites which need to be protected.

CEMEX, S.A.B. de C.V., a building materials company, produces, markets, distributes, and sells cement, ready-mix concrete, aggregates, and other construction materials in Mexico, the United States, Northern Europe, the Mediterranean, South America, the Caribbean, and Asia.

At the end of Thursday’s trade, Shares of GlaxoSmithKline plc (NYSE:GSK), lost -2.04% to $43.13.

Options traders are getting busy with a U.K. stock they have rarely paid attention to.

Volume in GlaxoSmithKline Plc contracts surged to the highest level since 2007 this month, with traders paying record prices for bullish options relative to bearish ones. All that after the stock lost $11 billion in value over two months, according to Bloomberg.

Options have become the tool of choice for speculators as analysts flagged the company as a potential acquisition for Pfizer Inc. As deal chatter enhances, so does optimism that Glaxo will give in to pressure to shake up administration.

Almost 800 Glaxo options changed hands on average each day this month. That’s 17 percent more than in April and compares with an average of about 300 contracts daily in the past two years. Calls that profit with a 9.6 percent jump by December are the most owned of all. The stock lost 11 percent since its April high. Bloomberg Reports.

GlaxoSmithKline plc creates, discovers, develops, manufactures, and markets pharmaceutical products, counting vaccines, over-the-counter medicines, and health-related consumer products worldwide. The company offers pharmaceutical products in the therapeutic areas, counting respiratory, anti-virals, central nervous system, cardiovascular and urogenital, metabolic, anti-bacterials, and emesis, dermatology, rare diseases, immuno-inflammation, vaccines, and HIV.

Finally, Cowen Group, Inc. (NASDAQ:COWN), ended its last trade with -1.52% loss, and closed at $6.17, hitting its highest level.

Cowen Group, declared that Ryan Oatman, CFA has joined Cowen and Company’s Equity Research department as a Director to cover oil & gas exploration & production (E&P) stocks. Mr. Oatman is based in Houston and reports to Robert Fagin, Cowen’s Director of Research.

Mr. Oatman has seven years of experience in Energy sector equity research. He joins Cowen from SunTrust Robinson Humphrey where he was a research analyst, and formerly held similar roles at Canaccord Genuity and FBR Capital Markets.

Mr. Oatman holds a Bachelor of Science degree in Business Administration from Trinity University, and an MBA from the Mays Business School at Texas A&M University. He is also a CFA® charter-holder.

Cowen Group, Inc. is a publicly owned asset administration holding company. Through its auxiliaries, the firm provides alternative investment administration, investment banking, research, and sales and trading services for its clients. It manages separate client focused portfolio through its auxiliaries.

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Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

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