On Wednesday, Shares of Microsoft Corporation (NASDAQ:MSFT), gained 2.10% to $46.61.
Microsoft Corporation, on Wednesday declared that Microsoft Surface Hub, the company’s new large-screen partnership device, will be accessible for businesses to order in 24 markets starting July 1. Breakthrough hardware innovations in touch and ink allow Surface Hub to harness the power of Windows 10, Skype for Business, Office, OneNote and Universal Windows apps to deliver a new kind of productivity experience optimized for groups. The unique experience is designed to be just as engaging for people working together in the same room as for those connecting remotely. To meet the needs of a variety of rooms and spaces, Surface Hub is accessible in two main configurations: Surface Hub 55-inch for $6,999, and Surface Hub 84-inch for $19,999.
Surface Hub delivers the power and versatility of a complete, cloud-connected Windows 10 device together with the simplicity and consistency of a custom interface that is built for shared spaces. The device is designed for anyone to walk up and use, providing an engaging way to share ideas and information. Right from the welcome screen it’s easy to start white-boarding, initiate a videoconference or share content, but that’s just the starting. Businesses will be able to draw from a wide variety of Windows apps to put real-time data and business tools at the center of meetings, assisting them gain insights and reach decisions faster. By connecting the industry-specific Universal Windows apps that organizations rely on to manage their business processes with an engaging remote meeting and partnership solution, Surface Hub brings a new level of innovation and efficiency to the way people work. And as a Windows 10 device, the Surface Hub benefits from Windows Update for Business, providing access to the latest innovation and security updates on an ongoing basis.
Microsoft Corporation develops, licenses, markets, and supports software, services, and devices worldwide. The company’s Devices and Consumer (D&C) Licensing segment licenses Windows operating system and related software; Microsoft Office for consumers; and Windows Phone operating system.
Shares of AK Steel Holding Corporation (NYSE:AKS), declined -1.97% to $4.98, during its last trading session.
AK Steel Holding Corporation, said that its Board of Directors has approved the following executive promotions and organization changes, effective May 29, 2015.
- Roger K. Newport has been promoted to Executive Vice President, Finance and Chief Financial Officer. Mr. Newport was formerly Senior Vice President, Finance and Chief Financial Officer.
- Kirk W. Reich has been promoted to Executive Vice President, Manufacturing. Mr. Reich was formerly Senior Vice President, Manufacturing.
- Keith J. Howell has been promoted to Senior Vice President, Operations. Mr. Howell was formerly Vice President, Operations.
- Joseph C. Alter has been named Vice President, General Counsel and Corporate Secretary. He formerly was Vice President, General Counsel and Chief Compliance Officer.
AK Steel Holding Corporation, through its partner, AK Steel Corporation, produces flat-rolled carbon, stainless and electrical steel, and tubular products in the United States and internationally. It produces flat-rolled value-added carbon steels, counting coated, cold-rolled, and hot-rolled carbon steel products; and specialty stainless and electrical steels in sheet and strip forms.
Finally, Cliffs Natural Resources Inc. (NYSE:CLF), ended its last trade with 4.17% gain, and closed at $5.25.
One of the best source of optimism about Cliffs Natural Resources, is that corporate insiders make purchases of shares, according to Investopedia.
Over the past couple of weeks, several insiders at Cliffs Natural have bought the stock, with the biggest commitment coming from CEO Lourenco Goncalves. Goncalves stated two separate purchases totaling 200,000 shares, spending just over $1 million from his revocable trust and bringing his total holdings both within and outside the trust to about 564,000 shares. Other insiders have made smaller purchases, counting board members Douglas Taylor and Michael Siegal. Investopedia Reports.
Seeing Goncalves put his money where his mouth is should reassure shareholders that he believes Cliffs Natural stock is a profitable investment opportunity. Investopedia added.
Cliffs Natural Resources Inc., a mining and natural resources company, produces iron ore and metallurgical coal. It operates five iron ore mines that produces iron ore pellets in Michigan and Minnesota; Koolyanobbing complex situated in northeast of the town of Southern Cross, which produces lump and fines iron ore; and two metallurgical coal mines located in Alabama and West Virginia.
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