On Monday, in the course of current trade, Shares of T-Mobile US Inc (NYSE:TMUS), dropped -1.08%, and is now trading at $39.57.
With Tropical Storm Erika expected to hit the Southeast as early as Sunday, T-Mobile’s operations and engineering teams are hard at work actively monitoring weather patterns and preparing equipment and supplies needed to help customers stay connected during the storm.
From readying backup generators, Cell-On-Wheels (COW) and fuel tanks to setting up an engineering Command Center in the areas of expected impact, T-Mobile engineers, and rapid response teams are ready to mobilize.
Additionally, T-Mobile’s Network Operation Centers (NOCs) closely manage network traffic during natural disasters and are able to quickly switch to the company’s back-up NOCs if needed.
T-Mobile US, Inc., together with its subsidiaries, 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.
During an Afternoon trade, Shares of Travelers Companies Inc (NYSE:TRV), dipped -0.81%, and is now trading at $99.61.
The Travelers Companies, declared that Alan D. Schnitzer will succeed Jay S. Fishman as Chief Executive Officer, effective December 1, 2015, and has been appointed to the company’s Board of Directors, effective the same date. Fishman will become Executive Chairman following Schnitzer’s assumption of the CEO role.
Schnitzer, 49, is Chief Executive Officer of Travelers’ Business and International Insurance, the company’s largest business segment. Previously, he headed the company’s Financial, Professional, and International Insurance segment. In addition to his business line responsibilities, Schnitzer oversees Travelers’ Field Management, Corporate Communications and Public Policy organizations.
The Travelers Companies, Inc., through its subsidiaries, provides a range of commercial and personal property, and casualty insurance products and services to businesses, government units, associations, and individuals in the Unites states and internationally.
Shares of Lincoln National Corporation (NYSE:LNC), during its Monday’s current trading session fell -0.66%, and is now trading at $50.80.
Lincoln Financial Group’s (LNC) Retirement Plan Services business declared that Javier Obando has been named director of business development on its Institutional Retirement Distribution (IRD) team. Obando is responsible for working with government plan sponsors, national and regional independent registered advisor, and consulting firms in the western region of the country. He will help plan sponsors and advisors address industry trends related to fiduciary governance and plan design in order to optimize retirement outcomes. Obando is based in Los Angeles, CA and reports to Jason Key, IRD head of business development for Lincoln’s Retirement Plan Services business.
Lincoln National Corporation, through its subsidiaries, engages in multiple insurance and retirement businesses in the United States. It operates through Annuities, Retirement Plan Services, Life Insurance, and Group Protection segments.
Finally, Stillwater Mining Company (NYSE:SWC), gained 1.01% Monday.
Stillwater Mining Company updated its previously announced reorganization plans. Because of the deteriorating PGM market environment, the Company is reducing its workforce, primarily at the Stillwater Mine and Columbus processing facilities, by 119 employees. In addition, the Company has modified its mine plan to focus on the most profitable mining areas within the Stillwater Mine and will continue efforts to maximize production from the East Boulder Mine. The Company will continue to closely monitor market conditions and may make other adjustments as necessary.
Stillwater Mining Company engages in the development, extraction, processing, smelting, and refining of platinum group metals (PGMs). It operates through Mine Production, PGM Recycling, Canadian Properties, and South American Properties segments.
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