On Tuesday, Shares of Frontier Communications Corporation (NASDAQ:FTR), lost -0.81% to $4.88, hitting its lowest level.
Frontier Communications Corporation, declared that it recently accomplished four separate sales with six New York counties for next-generation capable 9-1-1 communications systems. These sales are in addition to Frontier’s 9-1-1 state-of-the-art system sale to Monroe County and the City of Rochester, N.Y., in the second half of 2014.
The systems were sold to counties within and outside of Frontier’s traditional service footprint in New York, with some counties partnering on a joint purchase. The featured equipment in all sales is the Airbus DS VESTA 4 system, a state-of-the-art IP-based integrated communications system that provides full redundancy and allows call takers to set up in a mobile environment in the event of evacuation. The new systems also provide more detailed and comprehensive reporting, enabling users to better analyze call data. In addition, they are next-generation 9-1-1 ready and capable of transmitting text, data and video images to 9-1-1 centers.
Frontier Communications Corporation, a communications company, provides regulated and unregulated voice, data, and video services to residential, business, and wholesale customers in the United States.
Shares of Schlumberger Limited (NYSE:SLB), inclined 0.85% to $84.20, during its last trading session, after the giant oilfield services company was mentioned in a positive note from analysts at Howard Weil.
Analysts at the firm upgraded the stock to its focus list from its previous “sector outperform” rating. The firm also set its price target at $100 per share.
In other news, Woodside Energy Ltd. and OneSubsea®, a Cameron (CAM) and Schlumberger (SLB) company, jointly declared that OneSubsea has been awarded a front-end engineering and design (FEED) contract for the projected Woodside-operated Browse FLNG Development offshore northwest Australia.
A dedicated team of OneSubsea experts, operating out of OneSubsea’s Perth city office, will now work collaboratively with Woodside to fully define and determine the optimal subsea production system design and equipment requirements for the Browse FLNG Development.
The contract will involve up to 20 locally employed people working on the subsea scope over the next 12 to 18 months as Woodside prepares for a final investment decision (FID).
Schlumberger Limited supplies technology, integrated project administration, and information solutions to the oil and gas exploration and production industries worldwide. The company operates through Reservoir Characterization Group, Drilling Group, and Production Group segments.
Finally, Biogen Inc. (NASDAQ:BIIB), ended its last trade with 0.85% gain, and closed at $408.06.
Biogen Inc., declared it will report second quarter 2015 financial results on Friday, July 24, 2015, before the financial markets open.
Following the release of the financials, the Company will host a live webcast where Biogen administration will talk about the financial results, at 8:30 am ET. To access the live webcast, please go to the investor relations section of Biogen’s website at www.biogen.com. Following the live webcast, an archived version of the call will be accessible at the same URL, for one month.
Biogen Inc. discovers, develops, manufactures, and markets therapies for the treatment of neurological, autoimmune, and hematologic disorders in the United States and internationally.
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