On Wednesday, BlackBerry Ltd (NASDAQ:BBRY)’s shares declined -1.67% to $7.08.
BlackBerry Limited (BBRY) declared that St. Louis County Emergency Administration selected AtHoc, a division of BlackBerry, to provide a highly secure alerting and personnel accountability solution. The selection and deployment of the AtHoc solution was made in preparation for the one-year anniversary of the shooting and consequent demonstrations that gripped the streets of Ferguson in August 2014.
St. Louis County EMA sought a state-of-the art crisis communication system that would enable swift, secure and reliable critical communications. It was essential that the system enable coordination with full accountability and real time report generation. The County wanted to be proactive about the safety and protection of both first responders in addition to the citizens of the county. They wanted a highly-secured system with one central interface that could be deployed swiftly and manage multiple delivery modalities (mobile smart device messaging, phone calls, paging, etc.).
The system was deployed rapidly and was in operation on August 1, 2015. The County’s selection and implementation of AtHoc paid off right away as the County Executive declared a state of emergency when gunfire erupted on the fringes of demonstrations commemorating the anniversary weekend in August 2015. The County right away used the AtHoc system to actively communicate and coordinate with first responders dealing with vandalism, looting, arson and other acts of civil disobedience or confrontations with police.
BlackBerry Limited provides wireless communications solutions worldwide. The company offers BlackBerry wireless solutions, which comprise the sale of BlackBerry handheld devices; and the provision of data communication, and compression and security infrastructure services enabling BlackBerry handheld wireless devices to send and receive wireless messages and data.
ABB Ltd (ADR) (NYSE:ABB)’s shares dropped -0.61% to $18.03.
ABB (ABB) and Microsoft Corp. declared the worldwide availability of a new electric vehicle (EV) fast-charging services platform. Combining ABB’s leading EV charging stations with Microsoft’s Azure cloud-based services will ensure stability, global scalability and advanced administration features for ABB customers. The partnership will also take advantage of machine learning and predictive analytic capabilities to drive future innovations.
Many automotive brands are investing in the dynamic “full electric” vehicle market, with new model launches anticipated next year. According to a report by Hybrid Cars, the total number of electric vehicles sold globally has surpassed 1 million, with more than half of those purchased in the past 14 months.
The rapid enhance in electric vehicles around the world goes hand-in-hand with a mature charging and energy infrastructure. There are presently just 106,000 publicly accessible EV charging stations globally, and global revenue from electric vehicle charging services is set to grow from $152.6 million in 2015 to $2.9 billion by 2023, according to Navigant Research.
Under the new collaboration, all ABB chargers will be connected to the Microsoft Azure cloud and surrounded by value-adding services, allowing operators and manufacturers and partners to take advantage of a world-class platform.
ABB Ltd provides power and automation technologies for utility and industrial customers worldwide. The company’s Discrete Automation and Motion segment provides motors, generators, variable speed drives, programmable logic controllers, robots and robotics, solar inverters, wind converters, rectifiers, and excitation systems, in addition to power quality and protection solutions, electric vehicle fast charging infrastructure solutions, components and subsystems for railways, and related services for discrete automation, process industries, transportation, and utilities.
At the end of Wednesday’s trade, American Electric Power Company Inc (NYSE:AEP)‘s shares surged 0.48% to $58.94.
The Board of Directors of American Electric Power Co. (AEP) declared a regular quarterly cash dividend of 56 cents a share on the company’s common stock, increasing the dividend 5.7 percent from the previous 53 cents a share. AEP last raised its dividend in October 2014.
The dividend is payable Dec. 10, 2015, to shareholders of record as of Nov. 10, 2015. AEP has paid a cash dividend on its common stock every quarter since July 1910.
American Electric Power Company, Inc., a public utility holding company, engages in the generation, transmission, and distribution of electricity for sale to retail and wholesale customers.
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