On Monday, Shares of AT&T, Inc. (NYSE:T), gained 0.14% to $35.04.
AT&T is connecting more people, processes and machines with the Internet of Things (IoT). Since January 2015, AT&T has struck IoT agreements with more than 136 companies across numerous industries. These comprise agriculture, automotive, aviation, energy, healthcare, transportation, security and supply chain logistics.
The AT&T network had nearly 22 million IoT connected devices worldwide as of March 31, 2015. More than 945,000 smart devices connected during the first quarter of this year. That’s 70 percent more than the same quarter a year ago. Of those devices, 684,000 were connected cars. AT&T is leading the industry, working with eight of the top automakers.
Companies and consumers are embracing the connected world. They want solutions from connected cars to wearable devices (like smartwatches), to tools that assist cities (like energy grids, streetlights and irrigation pipes).
The market for Internet of Things are predictable to nearly triple to $1.7 trillion by 2020, says global market intelligence firm International Data Corp. (IDC). Devices, connectivity, and IT services will make up the majority of the market, IDC reports.
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 Morgan Stanley (NYSE:MS), inclined 1.22% to $39.85, during its last trading session.
Morgan Stanley Smith Barney and Scottrade were fined a total of $950,000 by the Financial Industry Regulatory Authority (FINRA) for failing to supervise and monitor the transmittal of customer funds to third-party accounts. Morgan Stanley will be fined $650,000 and Scottrade will be fined $300,000. Both firms were cited by FINRA for having weak supervisory systems four years ago, but neither brokerage took necessary steps to correct the supervisory gaps. MarketWatch Reports.
Morgan Stanley, a financial holding company, provides various financial products and services to corporations, governments, financial institutions, and individuals worldwide. The company’s Institutional Securities segment offers financial advisory services on mergers and acquisitions, divestitures, joint ventures, corporate restructurings, recapitalizations, spin-offs, exchange offers, leveraged buyouts, takeover defenses, and shareholder relations, in addition to provides capital raising and corporate lending services.
Finally, Express Scripts Holding Company (NASDAQ:ESRX), ended its last trade with 1.31% gain, and closed at $91.05, hitting its highest level, as Health care stocks rose Monday with the NYSE Health Care Sector Index posting a 1.1% gain and shares of health care companies in the S&P 500 climbing 0.9% as a group.
Express Scripts Holding Company operates as a pharmacy benefit administration (PBM) company in the United States and Canada. The company operates through two segments, PBM and Other Business Operations.
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