On Monday, Shares of Comcast Corporation (NASDAQ:CMCSA), gained 0.55% to $58.78.
Comcast Business declared that six businesses from across the U.S. – three entrepreneurs and three startup businesses – have been named grand prize winners in the “Innovations 4 Entrepreneurs” program, a national competition that awards cash and consultation services to aspiring firms who are putting technology into action to grow their business and enhance profitability.
The grand prize winners come from a wide range of industries and locations across the U.S. The six winners comprise:
- Act II Consignment – Littleton, Colo. A consignment boutique for fashion clothing and accessories.
- Fresh Co Home, Inc. – Bloomfield, Mich. A building company providing home improvement services such as painting, roofing, siding and gutters.
- Camp Curiosity, Curiosity Shoppe & Toddler Center – Doylestown, Pa. Provides educational programs and summer camps for children, ranging from infants to teenagers.
- The Training Room Physical Therapy – Garnet Valley, Pa. Offers sports and orthopaedic physical therapy and rehabilitation services for athletes and active individuals
- Noggin Builders – Northbrook, Ill. Provides educational classes, events and summer camps for children ages 2 to 12.
- Big Minds – Pinole, Calif. An interest-based school for 2e (twice exceptional) elementary children.
Comcast Corporation operates as a media and technology company worldwide. It operates through Cable Communications, Cable Networks, Broadcast Television, Filmed Entertainment, and Theme Parks segments. The Cable Communications segment offers video, high-speed Internet, and voice services to residential and business customers under the XFINITY brand name.
Shares of Suncor Energy Inc. (NYSE:SU), declined -1.16% to $28.66, during its last trading session, as energy stocks were paring some of their earlier losses in late Monday trade, with the NYSE Energy Sector Index slipping about 0.4% while shares of energy companies in the S&P 500 were down just 0.1% as a group.
Suncor Energy Inc. operates as an integrated energy company. The company primarily focuses on developing petroleum resource basins in Canada’s Athabasca oil sands; explores, acquires, develops, produces, and markets crude oil and natural gas in Canada and internationally; transports and refines crude oil; markets petroleum and petrochemical products primarily in Canada; and markets third party petroleum products.
At the end of Monday’s trade, Shares of Best Buy Co., Inc. (NYSE:BBY), lost -0.95% to $34.37.
Mirakl, the global leader in online marketplace platforms, declared that Best Buy Canada has selected the Mirakl Marketplace Platform to power Best Buy Canada’s online marketplace and enhance its top-line revenue at BestBuy.ca. Through Mirakl’s turnkey SaaS-based marketplace solution, the company also anticipates to enhance its online traffic acquisition, online conversion rates, average order value, order profitability and customer loyalty. Best Buy Canada plans to go live in fall 2015.
Preceding to selecting the Mirakl platform, Best Buy Canada wanted a secure solution to enhance profitability for its online channel while enhancing customer satisfaction and loyalty by offering a wider range of products through third-party sellers. By selecting the Mirakl solution over a homegrown one, Best Buy Canada will now quickly and efficiently launch a proven online marketplace, without the risks and costs associated with internal development.
The Mirakl solution, built by seasoned marketplace experts provides retailers with an unlimited product catalogue managed entirely by third-party sellers, enabling them to focus on customer relationships. The Mirakl platform also allows retailers to:
- Optimize inventory administration so they can focus on high-selling and high-margin products while leaving the “long tail” opportunities to third-party sellers
- Test new products without associated inventory risks
- Enhance profits through a commissions-based model with third-party sellers.
Best Buy Co., Inc. operates as a retailer of technology products, services, and solutions in the United States and internationally. Its stores offer consumer electronics comprising primarily of television and home theaters; digital cameras and camcorders; DVD and Blu-ray players; portable electronics, such as MP3 devices, headphones and speakers, car stereo, navigation and satellite radio; and related accessories.
Finally, Frontline Ltd. (NYSE:FRO), ended its last trade with 6.20% gain, and closed at $2.74, in order to regain some of its losses from last Friday’s regular session.
The oil tanker shipping company released its first quarter 2015 earnings results early Friday.
Additionally, it declared that it has reached a new agreement with Ship Finance International (SFL) to reduce its costs, giving the U.S. company a 27.7% stake in Frontline, according to Reuters.
Frontline Ltd., a shipping company, through its auxiliaries, owns and operates oil tankers and oil/bulk/ore carriers. The company provides seaborne transportation of crude oil and oil products.
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