On Wednesday, Shares of Alcatel Lucent SA (ADR) (NYSE:ALU), lost -0.99% to $3.52.
Alcatel-Lucent and China Mobile, have conducted the industry’s first field trial of a virtualized radio access network-based architecture based on network functions virtualization (NFV) technology.
The trial – carried out at Beijing’s Tisinghua University - demonstrated the flexibility, scalability, cost and energy-efficiency of Alcatel-Lucent’s vRAN and NFV technologies for meeting the dynamically changing demands for access from an ever increasing number of applications and devices, people and machines. This is also an important step in the path towards 5G networks.
Alcatel-Lucent provides Internet protocol (IP) and cloud networking, and ultra- broadband access worldwide. The company’s Core Networking segment offers IP routing, carrier Ethernet, network functions virtualization, and software defined networking applications and infrastructure to meet the challenges of network traffic growth while supporting the delivery of cloud-enabled business, mobile, and residential services for service providers, mobile network operators, cable/multiple system operators, transportation, utilities, and large-scale enterprises.
Shares of Range Resources Corp. (NYSE:RRC), declined -2.81% to $46.37, during its last trading session.
RANGE RESOURCES CORPORATION, declared that it has called for redemption all $500 million in outstanding principal of its 6.75% Senior Subordinated Notes due 2020 (CUSIP No. 75281AAL3) at a price of 103.375% of the unpaid principal amount plus accrued interest. The notes will be redeemed on August 3, 2015. Call notices for this issue were sent by The Bank of New York Mellon Trust Company, N.A., the trustee for the notes, to all noteholders.
Range Resources Corporation, an independent natural gas, natural gas liquids (NGLs), and oil company, engages in the acquisition, exploration, and development of natural gas and oil properties in the United States.
At the end of Wednesday’s trade, Shares of CBS Corporation (NYSE:CBS), lost -0.05% to $55.37.
The E.W. Scripps Company and CBS Corporation, have signed a new three-year affiliation agreement for WTVF, the top-rated local television station in Nashville.
Scripps attained WTVF in April when it merged its broadcast assets with those of the former Journal Communications. It also attained a second CBS-associated station – KMTV in Omaha, Nebraska, whose affiliation agreement expires in mid-2016. It was 1996 when Scripps last had a CBS-associated TV station.
CBS Corporation operates as a mass media company worldwide. It operates through four segments: Entertainment, Cable Networks, Publishing, and Local Broadcasting. The Entertainment segment distributes a plan of news and public affairs broadcasts, and sports and entertainment programming; produces, acquires, and distributes programming, counting series, specials, news, and public affairs; operates online content networks for information and entertainment; and produces, acquires, and distributes theatrical motion pictures.
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 through the use of such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should might occur.