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Monday 31 August 2015
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Stocks on the Move: QUALCOMM, Inc (NASDAQ:QCOM), CVS Health Corp (NYSE:CVS), New York Times Co (NYSE:NYT)

On Wednesday, Shares of QUALCOMM, Inc (NASDAQ:QCOM), gain 5.16% to $56.66, after the company agreed to sell its UK L-Band spectrum to Hutchinson 3G UK and Vodafone UK in two separate transactions.

The terms of the deals were not revealed.

Hutchinson and Vodafone will each acquire 20 MHz of the spectrum from Qualcomm’s partner Qualcomm UK Spectrum.

L-Band spectrum is used for supplemental downlink (SDL), which mobile network providers use to keep up with the enhance demand for mobile data.

Vodafone, a partner of the Vodafone Group (VOD), plans to invest about 1 billion pounds in network and service upgrades in the U.K.

Hutchinson’s network carries more than 40% of mobile data traffic in the U.K., according to the company’s website.

QUALCOMM Incorporated designs, develops, manufactures, and markets digital communications products and services in China, South Korea, Taiwan, and the United States. The company operates through three segments: Qualcomm CDMA Technologies (QCT), Qualcomm Technology Licensing (QTL), and Qualcomm Planned Initiatives (QSI).

Shares of CVS Health Corp (NYSE:CVS), inclined 2.83% to $102.83, during its last trading session.

CVS Health Corp, declared that it is working with three proven telehealth companies – American Well, Doctor On Demand and Teladoc (TDOC) – to explore how direct-to-consumer telehealth providers, retail pharmacy and retail clinic providers can collaborate to improve patient care. This represents an expansion of CVS Health’s existing telehealth approach.

“During our initial phase of exploration of telehealth in our store-based clinics, we learned that we could deliver excellent quality care and that patients were extremely satisfied with the care offered,” said Andrew Sussman, M.D., executive vice president/associate chief medical officer, CVS Health and president, MinuteClinic. MinuteClinic data recently published in the Journal of General Internal Medicine showed that overall, 95 percent of patients were highly satisfied with the quality of care they received, the ease with which telehealth technology was integrated into the visit, and the timeliness and convenience of their care.

“As we examine additional ways to utilize telehealth to improve and expand patient care, we have the opportunity to partner with telehealth organizations in the care of patients at home,” Sussman added. “In doing so, CVS Health will add value for patients, clients and health plans by improving access to low-cost quality care.”

CVS Health is piloting several different telehealth opportunities, counting making telehealth physician care accessible through CVS Health digital properties. CVS Health will also explore enabling MinuteClinic providers to consult with telehealth physicians to expand the scope of care offered at MinuteClinic. In addition, MinuteClinic will continue to provide telehealth care to patients in CVS retail stores and will explore serving as a site for in-person exams to facilitate telehealth medical visits.

CVS Health Corporation, together with its auxiliaries, provides integrated pharmacy health care services in the United States. The company operates through Pharmacy Services and Retail Pharmacy segments. The Pharmacy Services segment offers pharmacy benefit administration services, such as plan design and administration, formulary administration, Medicare Part D services, mail order and specialty pharmacy services, retail pharmacy network administration services, prescription administration systems, clinical services, disease administration programs, and medical pharmacy administration services.

Finally, New York Times Co (NYSE:NYT), ended its last trade with 1.88% gain, and closed at $11.93.

The New York Times recently declared new trips and destinations for its popular travel program, Times Journeys (NYTimes.com/Times-Journeys), to now comprise 44 itineraries, visiting 37 countries and seven continents in 2016.

For 2016, Times Journeys will introduce the new vertical, “Women In Focus.” Travelers will join Times-selected experts for in-depth looks at how women are faring in places such as Cuba, Jordan and India, where they will learn about women’s rights in these specific regions and meet with key women involved in education, health, politics, business and non-profits.

In addition, Times Journeys in 2016 will continue to comprise a number of trips to areas of the world that ordinary offerings do not visit, counting, for the first time, a trip to West Africa where travelers will enjoy a diverse range of activities from the potential to meet a local king to dinner with individuals from the UN and the American embassy, all while traveling in Benin, Ghana, and Togo.

The New York Times Company, together with its auxiliaries, provides news and information for readers and viewers across various media worldwide. The company provides The New York Times (The Times), a daily and Sunday newspapers in the United States accessible in print, online, and through other digital platforms; the International New York Times, an international edition of The Times for global audiences; and NYTimes.com and international.nytimes.com.

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This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.

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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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