On Thursday, Shares of T-Mobile US, Inc. (NYSE:TMUS), gained 2.64% to $39.34, hitting its highest level.
Satellite-TV carrier Dish Network Corp. finally may have found the merger partner it has been looking for, adding to the wave of consolidation reshaping the nation’s media and telecom industries, according to Los Angeles Times.
The Englewood, Colo., company reportedly is in talks to acquire T-Mobile USA Inc. in a deal that would open a new vista for Dish and give T-Mobile a boost with unused airwaves that Dish owns. Los Angeles Times Reports
A possible merger has long been a topic of speculation in an industry that is consolidating quickly to produce ever-bigger and fewer media-telecom players to compete for consumers’ thirst for broadband connections and wireless communications.
A marriage of Dish and T-Mobile, based in Bellevue, Wash., probably would be a multibillion-dollar agreement. Before trading began Thursday, Dish’s stock market value was $33 billion and T-Mobile’s was $31 billion. Los Angeles Times added.
T-Mobile US, Inc., together with its auxiliaries, provides mobile communications services in the United States, Puerto Rico, and the U.S. Virgin Islands. The company offers voice, messaging, and data services in the postpaid, prepaid, and wholesale markets.
Shares of Alibaba Group Holding Limited (NYSE:BABA), declined -0.22% to $90.59, during its last trading session.
Ms. Jane Penner, Head of Investor Relations of Alibaba Group, discussed the company’s investment and growth strategies in a fireside chat at the J.P. Morgan Global China Summit on June 2, 2015.
Alibaba Group Holding Limited, through its auxiliaries, operates as an online and mobile commerce company in the People’s Republic of China and internationally. It operates Taobao Marketplace, an online shopping destination; Tmall, a third-party platform for brands and retailers.
At the end of Thursday’s trade, Shares of Teck Resources Limited (NYSE:TCK), lost -3.48% to $11.64.
Teck Resources Limited, was recognized this week as one of the top corporations in Canada for both corporate citizenship and social responsibility in two separate sustainability rankings.
Teck was the fourth-ranked company overall and the top-ranked mining company on the Best 50 Corporate Citizens in Canada ranking by media and investment research company Corporate Knights. Teck was also named one of the Top 50 Socially Responsible Corporations in Canada by Sustainalytics, a global responsible investment research firm.
The Top 50 Socially Responsible Corporations in Canada is a report compiled by Sustainalytics and featured in Maclean’s magazine and L’actualité magazine. Companies were selected on the basis of their performance across key environmental and social indicators within their industries.
This is the third successive year Teck has been named to these two separate sustainability rankings. Earlier this year Corporate Knights also named Teck to the Global 100 Most Sustainable Corporations for the third straight year.
Teck Resources Limited explores, develops, and produces natural resources in the Americas, the Asia Pacific, Europe, and Africa. Its principal products comprise copper, counting copper concentrates and cathode copper; steelmaking coal; and refined zinc and zinc concentrates.
Finally, Liberty Ventures (NASDAQ:LVNTA), ended its last trade with -1.25% loss, and closed at $41.21.
IRCE 2015 - CommerceHub, the leading provider of marketing and virtual inventory solutions for retailers and brands, recently declared the appointment of two key hires to further strengthen the company’s global marketing team and support CommerceHub through its next stages of market growth. In newly created roles, agency and Pitney Bowes veteran Patrick Reilly joins CommerceHub as vice president, corporate marketing and Adobe veteran Lynly Schambers joins as vice president, product marketing.
World-leading retailers and brands rely on CommerceHub to enhance sales and grow market share by expanding product assortments, promoting products across key retail channels, and enabling rapid, on-time customer delivery. In their respective roles, Reilly and Schambers will expand CommerceHub’s industry footprint and extend the company’s reach to top retail brands and manufacturers. Both executives will report to CommerceHub CMO Eric Best.
According to Best, “As CommerceHub accelerates investment in growth, Patrick and Lynly bring key expertise and experience required to assist drive our company and products forward. They share deep knowledge of our industry and the clients and prospects driving it — and provide the vision and energy to assist make CommerceHub a world-class solutions provider.”
CommerceHub is a partner of Liberty Interactive Corporation attributed to the Liberty Ventures Group.
Liberty Ventures tracks the economic performance of Expedia, Inc., TripAdvisor, Inc., Tree.com, Inc., Interval Leisure Group, Inc., Time Warner Inc., Time Warner Cable Inc., and AOL, Inc. The company is based in the United States. Liberty Ventures operates as a partner of Liberty Interactive Corporation.
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