In early trading, the Dow Jones industrial average DJI was down 76.39 points, or 0.42 percent, at 18,212.24. The Standard & Poor’s 500 Index SPX was down 10.69 points, or 0.50 percent, at 2,106.70. The NASDAQ Composite Index IXIC was down 31.00 points, or 0.62 percent, at 4,977.10.
Insights about those U.S. Stocks that are active during the recent trade, are depicted underneath:
AT&T, Inc. (NYSE:T)’s shares declined -0.40 %, and is now trading at $34.50, soon after the news release that AT&T, Inc., and Audi of America declared an contract in which all 2016 model-year Audi vehicles equipped with Audi connect® will come with AT&T 4G LTE or 3G coverage**. AT&T and Audi enabled the first-ever in-vehicle 4G LTE data connection in North America with the all-new Audi A3 models released in 2014.
Highlights:
Connected models comprise: A3, S3, Q3, A4, S4, allroad, A5, S5, Q5, SQ5, A6, S6, A7, S7, RS7, TT, TTS, A8, and S8.
Accessible high-speed connectivity also supports improved traffic information and navigation, over the air map updates, social media and mobile app integration with access to more than 7,000 Web radio stations in addition to internet radio in vehicles with 4G/LTE hardware
Audi and AT&T will offer an Audi connect customers Mobile Share data plan option
“Our relationship with Audi has allowed us to improve the in-car experience, starting with the A3 last year, the first 4G LTE connected car in the U.S.,” said Chris Penrose, senior vice president, Internet of Things, AT&T Mobility. “We’re thrilled to work with Audi to connect all 2016 models. Now all Audi drivers will enjoy navigation, streaming and high-speed access to the Internet.”
“The convenience and added benefit of having Audi connect services in our vehicles, together with Wi-Fi access for up to eight devices, serves as a competitive advantage for our brand,” said Filip Brabec, Director, Product Administration, Audi of America. “We have been and intend to remain innovators in this field through relationships like this one with AT&T.”
Under the contract, all 2016 models with Audi connect will be delivered to customers with an AT&T SIM card providing connectivity to AT&T’s wireless network.
AT&T, Inc. (NYSE:T) 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.
MGIC Investment Corp. (NYSE MTG) raised 1.11%, and is now trading at $9.55. The company holds the market capitalization of 3.19B. The stock return on equity value is - 26.60%, while return on assets value is 4.70%, in response to its return on investment value of 13.80%. Its 20-day moving average gained 4.91%, and the stock moved above 50-day moving average of 6.11%. The mean recommendation of analysts for this stock is 2.30.(where 1=Buy, 5=Sale).
MGIC Investment Corp. (NYSE MTG), through its subsidiaries provides private mortgage insurance and ancillary services to lenders and government sponsored entities in the United States.
Oncolytics Biotech Inc. (NASDAQ:ONCY), a clinical-stage biotechnology corporation focused on the development of oncolytic viruses as potential cancer therapeutics, declared that the U.S. Food and Drug Administration (FDA) has granted Orphan Drug Designation for its lead product candidate, REOLYSIN®, for the treatment of primary peritoneal cancers. The designation was granted on the basis of the Corporation’s December 2014 application for an Orphan Drug Designation encompassing ovarian, fallopian tube and primary peritoneal cancers which are generally treated as one indication. On February 11, 2015, the Corporation declared that it had received Orphan Drug Designation for ovarian cancer and for cancers of the fallopian tube on March 2, 2015.
“This is the fourth indication for which we have received Orphan Drug Designation in the United States, and the third in a gynecological cancer indication,” said Dr. Brad Thompson, President and CEO of Oncolytics. “These Orphan Drug Designations are an important step for Oncolytics’ ongoing program to develop and commercialize REOLYSIN® as a therapeutic for targeted cancer patient populations.”
Oncolytics has supported two sponsored clinical studies assessing REOLYSIN® in the treatment of peritoneal cancers. The first was a Phase 1/2 clinical trial (OSU-07022) for patients with metastatic ovarian, peritoneal and fallopian tube cancers using concurrent intravenous and intraperitoneal administration of REOLYSIN® that offered evidence of viral targeting and replication in peritoneal and ovarian cancer cells. The second is an ongoing randomized Phase II trial (GOG186H) of weekly paclitaxel as compared to weekly paclitaxel with REOLYSIN® in patients with persistent or recurrent ovarian, fallopian tube or primary peritoneal cancer. The second trial accomplished enrollment in September 2014.
Aruba Networks, Inc. (NASDAQ:ARUN), dropped -0.69%, and is now trading at $24.48, soon after the news release that Aruba Networks, introduced an innovative branch office networking solution that collapses the complicated patchwork of branch appliances and access servers into a single, compact cloud services platform. Aruba 7000 series Cloud Services Controllers eliminate the time, cost and complexity of managing disparate single-purpose point products in the branch, while enabling businesses to extract more value from existing cloud-based unified communication and firewall investments.
“Consolidating all required branch IT functions into a single, centrally-managed package is the preferred approach to extending operations essentially anywhere,” said Craig Mathias, Principal, Farpoint Group. “Aruba has taken the lead here with the 7000 series, which is very easy to use and cost-effective.”
Growing legions of enterprise applications and services are migrating to public and private clouds because businesses can realize noteworthy performance gains while saving up to 48%1 per site – all while having centralized visibility and control across every branch location.
The Aruba 7000 series collapses a wide set of enterprise network capabilities into a single networking platform for the branch:
- Zero-Touch Provisioning – Eliminates the time, cost and complexity of lighting-up branch office networks.
- Triple the Resiliency – Supports two Ethernet broadband WAN connections and a 3G/4G LTE cellular back-up link for assured business continuity in virtually all conditions. Branches that use certificate-based 802.1X RADIUS with EAP-TLS get uninterrupted service even if RADIUS servers are unreachable.
- Programmable Policy Enforcement Firewall – Delivers context-aware control to a variety of branch networking requirements, namely:
- Web Content Filtering – Provides web content filtering to create contextual policies based on web site reputation.
- Microsoft Lync Mobile Unified Communications – Automatically integrates with Lync Server 2013 SDN API and fingerprints hosted Lync Online traffic for a better user experience across the WAN.
- Integration with Palo Alto Networks Firewalls – Automatically extends threat protection to every branch, for mobile devices and users by context, with no additional hardware or software.
- Performance Gains for Cloud-based Applications – WAN optimization and application visibility and control with AppRF technology improve the performance of business-critical apps in the cloud.
- Advanced Routing – Implements context-based routing across dual Ethernet WAN and LTE WAN links to preserve bandwidth for prioritized, business-critical traffic.
Aruba Networks, Inc. (ARUN), provides enterprise mobility solutions worldwide. It offers access points that deliver secure Wi-Fi client access to indoor and outdoor enterprise wireless local area network environments; and mobility controllers, which manage wired and wireless access across indoor, outdoor, and remotes locations.
