During Monday’s current trade, AT&T, Inc. (NYSE:T)’s shares gained 0.86% to $32.79.
Today, AT&T has invested more than $3 billion in its best-in-class wireless and wired networks in Illinois between 2012 through 2014, driving a wide range of upgrades to reliability, coverage, speed and performance for residents and business customers.
As part of its Project Velocity IP (VIP), an investment plan focused on network enhancement and expansion, AT&T in 2014 made more than 450 wireless network upgrades in Illinois, counting 98 new cell sites and over 300 new wireless high-speed Internet connections.
Notable Illinois network enhancements in 2014:
- Launched AT&T Business Fiber Internet Service in Chicago, bringing speeds of up to
- 1 Gigabit per second to multi-tenant office buildings in the Chicago area.
- Brought AT&T’s 4G LTE network to several Illinois cities, counting Springfield.
- Launched a new outdoor distributed antenna system to boost network speed and capacity along Chicago’s 12 Metra Lines.
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.
During an afternoon trade, Rite Aid Corporation (NYSE:RAD)’s shares declined -0.69% to $7.95.
Today, Rite Aid Corporation, declared that Steve Rempel, a highly practiced information technology executive, has been named Rite Aid’s senior vice president and chief information officer.
In this position, Rempel will have responsibility for all aspects of the company’s technology and information operations, counting computer systems, network infrastructure, telecommunications and data security as well as the continued development and execution of Rite Aid’s immediate and long-term information technology strategy. Rempel will report to Frank Vitrano, Rite Aid’s senior executive vice president and chief administrative officer.
Before joining Rite Aid, Rempel served as chief information officer, president and CEO for Lenexa, Kan.,-based Balance Innovations, the leading provider of reconciliation and cash administration solutions for the retail industry. During his tenure at Balance Innovations, he had oversight for the company’s technology strategy and offered planned, financial and operational direction.
Rempel earned a bachelor’s degree in business administration from the University of the Fraser Valley in British Columbia and will receive his M.B.A. from Auburn University this spring.
Rite Aid Corporation, through its auxiliaries, operates a chain of retail drugstores in the United States. The company sells prescription drugs and a range of other merchandise, counting over-the-counter medications, health and beauty aids, personal care items, cosmetics, household items, food and beverages, greeting cards, seasonal merchandise, and other everyday and convenience products.
Comcast Corporation (NASDAQ:CMCSA), during its Monday’s current trading session lost -0.10 %, to $58.36.
Comcast Corporation, declared it will launch Extreme 250, a new 250 Mbps Internet speed tier for California customers. The company also will raise its Performance tier from 50 Mbps to 75 Mbps and its Blast tier from 105 Mbps to 150 Mbps, both at no additional cost to customers. These changes will start to go into effect starting in May and continue throughout the year.
In addition, Comcast will roll out its residential multi-gigabit broadband service to nearly three million California homes starting in June. Gigabit Pro is a symmetrical, 2 Gigabit-per-second service that will be delivered via a fiber-to-the-home solution and offered to customers in the Chico, Fresno, Marysville/Yuba City, Merced, Modesto, Monterey, Sacramento, Salinas, San Francisco Bay Area, Santa Barbara County, Stockton and Visalia metro areas.
Gigabit Pro will be accessible to homes within close proximity of Comcast’s fiber network and will require installation of professional-grade equipment. The company has fiber at the core of its network and, for the past decade, it has invested billions of dollars to extend that fiber deeper into neighborhoods and closer to homes. To date, Comcast has built out more than 145,000 route miles of fiber across its service area, counting throughout California, to serve residential communities with a fiber to the home solution.
Comcast has been doubling the capacity of its network every 18 months. Additionally, the company has been delivering multi-gig (up to 10 Gbps) Ethernet service to businesses in California since 2011.
Comcast first declared Gigabit Pro in Atlanta earlier this month.
Comcast Corporation operates as a media and technology company worldwide. It operates through Cable Communications, Cable Networks, Broadcast Television, Filmed Entertainment, and Theme Parks segments.
Finally, Royal Caribbean Cruises Ltd. (NYSE:RCL), lost -7.16% Monday.
Royal Caribbean Cruises, stated stronger than predictable first quarter results and updated its outlook for the full year.
Commercially the year is turning out as predictable, with strong booking trends and yield growth for all major products. The strengthening of the US Dollar and the rise in fuel prices are negatively affecting earnings, but cost efficiencies are mitigating a large portion of the influence.
Results for the First Quarter 2015:
- Net Yields were down 1.0% on a Constant-Currency basis (down 5.4% As-Stated). Strong close-in pricing on Caribbean sailings drove the better than anticipated performance.
- Net Cruise Costs (“NCC”) not taking into account fuel raised 0.9% on a Constant-Currency basis (down 1.7% As-Stated), significantly better than guidance driven by further efficiencies.
- Adjusted Net Income was $45.2 million, or $0.20 per share, as compared to a forecast of $0.10 to $0.15 per share. Currency and fuel negatively influenceed the first quarter by $0.05.
- US GAAP Net Income was $45.2 million or $0.20 per share, as compared to $26.5 million or $0.12 per share in 2014.
Royal Caribbean Cruises, Ltd. operates as a cruise company. The company operates cruisers under the Royal Caribbean International, Celebrity Cruises, Pullmantur, Azamara Club Cruises, CDF Croisières de France, and TUI Cruises brand names.
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