On Friday, Shares of Time Warner Cable Inc. (NYSE:TWC), gained 4.37% to $155.26.
Time Warner Cable, declared that the company and Comcast Corporation have mutually agreed to terminate their merger agreement, and issued the following statement:
“We have always believed that Time Warner Cable is a one-of-a-kind asset,” said Chairman and Chief Executive Officer Robert D. Marcus. “We are strong and getting stronger. Throughout this process, we’ve been laser focused on executing our operating plan and investing in our plant, products and people to deliver great experiences to our customers. Through our strong operational execution and smart capital allocation, we are confident we will continue to create noteworthy value for shareholders.
“I’m extremely proud of the professionalism, dedication and resiliency our 55,000 employees have shown over the past year and thank them for their continued commitment to Time Warner Cable.”
Time Warner Cable Inc., together with its auxiliaries, provides video, high-speed data, and voice services in the United States. It operates in three segments: Residential Services, Business Services, and Other Operations.
Shares of Domino’s Pizza, Inc. (NYSE:DPZ), surged 4.33% to $113.96, during its last trading session, hitting its highest level, after CEO Patrick Doyle appeared on Jim Cramer’s Mad Money on CNBC.
Before the market open Thursday, Domino’s stated first-quarter earnings that beat expectations on both earnings per share and revenue. The results showed a 14.5% enhance in domestic comparable-store sales. Other takeaways from the quarter comprised of strong sales in India and Turkey and a 30 million-share repurchase program.
Doyle attributed Domino’s strong quarter to solid fundamentals counting quality food, superior technology, and a strong consumer assisted by raised employment. He added Domino’s continues to take share from smaller competitors as it grows.
Cramer pointed out on the show that Domino’s has “the best mobile and online technology in the business” and called it “the gift that keeps on giving.”
Doyle also said “Dom,” the company’s virtual ordering assistant, positions Domino’s as a technology leader and has strengthened brand recognition. The CEO said he believes the stock has room to go even higher.
Domino’s Pizza, Inc., through its auxiliaries, operates as a pizza delivery company in the United States and internationally. The company operates through three segments: Domestic Stores, Supply Chain, and International Franchise.
At the end of Friday’s trade, Shares of Infinera Corporation (NASDAQ:INFN), jumped 4.19% to $20.15.
Infinera, declared the deployment of the Infinera DTN-X packet optical transport networking platform. The Infinera Intelligent Transport Network, featuring the DTN-X platform, enables MBC to enhance network scale to several terabits per second of connectivity across Virginia.
MBC has partnered with the Mid-Atlantic Research Infrastructure Alliance (MARIA) who co-invested in the network upgrade to support their 100 gigabit per second (Gb/s) connections to Internet2 and collaborations with Research and Development institutions. MARIA is a non-profit corporation that brings together Virginia’s major research universities to facilitate access to shared technology infrastructure for research, also known as cyberinfrastructure. MARIA members comprise the College of William and Mary, George Mason University, James Madison University, Old Dominion University, University of Virginia, Virginia Commonwealth University and Virginia Tech. Internet is presently the United States’ largest and fastest, globally connected Research and Education network.
Infinera Corporation provides optical transport networking equipment, software, and services for telecommunications service providers, Internet content providers, cable operators, wholesale and enterprise carriers, research and education institutions, and government entities worldwide.
Finally, ArcelorMittal (NYSE:MT), ended its last trade with 4.07% gain, and closed at $10.49.
ArcelorMittal, declares the publication of sell-side analysts` consensus forecasts for ArcelorMittal`s first quarter 2015 EBITDA. The consensus figures are based on sell-side analyst estimates recorded on an external web based tool offered and managed by an independent company called Vuma Financial Services Limited (Vuma Consensus).
ArcelorMittal, together with its auxiliaries, operates as an integrated steel and mining company worldwide. The company operates through five segments: NAFTA; Europe; Brazil and Neighboring Countries (Brazil); Africa & Commonwealth of Independent States (ACIS); and Mining.
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