On Wednesday, AT&T Inc. (NYSE:T)’s shares inclined 1.70% to $34.38.
As part of AT&T’s ongoing efforts to drive economic development and investment in Kentucky, representatives from AT&T, local leadership, and the Mt. Sterling-Montgomery County Industrial Authority declared that the Mt. Sterling Industrial Park has been designated AT&T Fiber Ready.
In world, connectivity is vital to employers and businesses of every type.
“The effort to attract new businesses to communities – especially in rural areas – is increasingly competitive, and as we work to continue improving the business-friendly environment in the Commonwealth, the AT&T Fiber Ready designation provides the opportunity to clearly show the presence of modern communications services,” said State Senator Ralph Alvarado. “This can be a valuable tool as we continue to aggressively recruit new employers to the area.
“Investments from private industry are vital to making sure Kentuckians have access to the modern communications services they need, and with this designation, our economic development leaders in Mt. Sterling can show that we are ready to meet the communications needs of businesses with high-speed, fiber-optic connectivity right here in Montgomery County,” said State Representative David Hale.
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.
QUALCOMM, Inc. (NASDAQ:QCOM)’s shares gained 0.10% to $48.07.
Qualcomm Incorporated (QCOM) declared that its Board of Directors and administration, with the assistance of independent advisors, have accomplished a comprehensive review of the Company’s corporate and financial structure. This review, driven by a Special Committee of the Board of Directors, addressed the benefits and challenges of the existing structure, in addition to considered a wide range of alternatives for potentially enhancing stockholder value. Following the review, upon the unanimous recommendation of the Special Committee, the Board unanimously concluded that the Company’s current corporate and financial structure best positions Qualcomm to maintain its technology leadership and product strength, so as to drive the greatest long-term stockholder value.
“The planned benefits of the current structure will best fuel Qualcomm’s growth as we move through the forthcoming technology transitions and extend our technologies into new user experiences, services and industries,” said Steve Mollenkopf, CEO of Qualcomm Incorporated. “The planned benefits and synergies of our model are not replicable through alternative structures. We therefore believe the current structure is the best way to execute on our strategy to build on our position in the ecosystem and deliver improved performance and returns. Looking ahead, we have a focused plan in place that we believe will drive growth and we are off to a good start implementing that plan.”
“Over the years, as the landscape has evolved, we have periodically analyzed our business structure to test whether we are best positioned to drive stockholder value, and we have made fundamental changes to enhance value, when appropriate,” said Paul Jacobs, Executive Chairman and Chairman of the Board of Qualcomm Incorporated. “Given the dynamic industry and competitive environment, we decided to take a fresh look at our structure to ensure we were doing everything possible to enhance the value of the Company and position ourselves for long-term success.”
QUALCOMM Incorporated develops, designs, manufactures, and markets digital communications products and services in China, South Korea, Taiwan, the United States, and internationally.
At the end of Wednesday’s trade, Alphabet Inc (NASDAQ:GOOG)‘s shares surged 1.98% to $758.09. GOOG’s 52 week range of the stock remained $486.23 - $775.96, while its day lowest price was $739.43 and its hit its day highest price at $760.59. The company has total of 345.50 million outstanding shares. It has market cap of $5.16.97 billion.
Alphabet Inc., through its auxiliaries, builds technology products and provides services to organize the information. The company offers Google Search that provides information online; Google Now that offers information to users when they need it; AdWords, an auction-based advertising program; AdSense, which enables Websites that are part of the Google network to deliver ads; DoubleClick Ad Exchange, a marketplace for the trading display ad space; and other advertising platforms, such as AdExchange and AdMob.
DISCLAIMER:
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.
All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.
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.
Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties, which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified with such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should/might occur.
