On Friday, Microsoft Corporation (NASDAQ:MSFT)’s shares inclined 0.44% to $43.48.
Microsoft and Dell declared an expanded partnership to deliver premium Windows 10 devices and word-class services and support to enterprise customers. This partnership kicks off Microsoft’s new Surface Enterprise Initiative, focused on bringing greater mobility and productivity to organizations to assist them transform their businesses with Windows 10. Built for the enterprise with unmatched security and administration options, Windows 10 will roll out new enterprise capabilities this month following a strong first month of availability with 75 million devices already running Windows 10.
Starting in early October in the United States and Canada, for the first time, Dell will sell Microsoft Surface Pro tablets and Surface accessories through its North America commercial sales organization and later in the year on Dell.com/Work. This will be rolled out to the remaining 28 markets of Microsoft’s Surface commercial channel starting in early 2016. Additionally, Surface Pro devices sold through Dell will comprise the option of Dell Services, counting Dell Hardware Warranty (up to 4 years), ProSupport with Accidental Damage Service, and Configuration and Deployment Services. The Surface Pro will be sold alongside Dell’s existing Windows tablet portfolio counting the Venue Pro and Latitude 2-in-1 devices, meeting a wide range of customer needs with Windows devices from mobile productivity for knowledge workers to application-driven tablets that are purpose-built to meet specific customer use cases like in the hospitality, healthcare, retail or education sectors.
Microsoft Corporation, a technology company, develops, licenses, and supports software products, services, and devices worldwide. The company’s Devices and Consumer (D&C) Licensing segment licenses Windows operating system and related software; Microsoft Office for consumers; and Windows Phone operating system. Its Computing and Gaming Hardware segment provides Xbox gaming and entertainment consoles and accessories, second-party and third-party video games, and Xbox Live subscriptions; surface devices and accessories; and Microsoft PC accessories.
J C Penney Company Inc (NYSE:JCP)’s shares gained 1.83% to $9.74.
Michael Strahan has partnered with JCPenney to introduce Collection by Michael Strahan, an exclusive brand of men`s tailored clothing, dress shirts, neckwear and accessories. Strahan`s debut clothing line is now accessible in over 200 JCPenney stores and at jcpenney.com
Collection by Michael Strahan features tailored suit separates, sport coats, dress shirts, neckwear, belts and accessories in a dedicated in-store presentation at The Men`s Store at JCPenney. In working with the designers, Strahan chose styles and fabrics that would accommodate his lifestyle, work and busy event plan. Accessible in quality fabrics like bird`s eye, herringbone and windowpane, together with solid prints in a variety of sophisticated colors, the collection offers a style for every man with suit separates for less than $200. Men will find current, yet distinct looks reflected in a variety of textured ties, a suede-inspired sport coat, crisp pinstripe shirts and modern accessories counting tie clips and cuff links.
J.C. Penney Company, Inc., through its partner, J. C. Penney Corporation, Inc., sells merchandise through department stores in the United States. The company sells family apparel and footwear, accessories, fine and fashion jewelry, beauty products, and home furnishings, in addition to provides various services, counting styling salon, optical, portrait photography, and custom decorating. As of March 18, 2015, it operated about 1,060 stores. The company also sells its products through its Website, jcpenney.com. J. C. Penney Company, Inc. was founded in 1902 and is based in Plano, Texas.
At the end of Friday’s trade, WPX Energy Inc (NYSE:WPX)‘s shares surged -3.29% to $7.64.
WPX Energy (WPX) has accomplished the divestiture of its remaining mature coalbed methane properties in Wyoming’s Powder River Basin and planned a related sale of its membership interest in Fort Union Gas Gathering L.L.C. to close in November.
The buyer is Moriah Powder River L.L.C. The sales price for the assets is $80 million. Divesting the Powder River Basin operations further sharpens WPX’s portfolio and supports the company’s delevering plan following its acquisition of Permian Basin assets on Aug. 17.
Yesterday, WPX also declared that it has signed a contract to sell a North Dakota gathering system for about $185 million, which is predictable to close in the fourth quarter.
Combined, the asset sales place WPX more than half of the way toward its 2015 aim targeting $400-$500 million in divestitures by the end of the year.
WPX Energy, Inc., an independent natural gas and oil exploration and production company, engages in the exploitation and development of unconventional properties in the United States. The company focuses on exploiting natural gas reserves base and related natural gas liquids in the Piceance Basin of the Rocky Mountain region, in addition to developing and growing oil positions in the Williston Basin in North Dakota and the San Juan Basin in the southwestern United States. As of December 31, 2014, it had proved reserves of 4,360 billion cubic feet of gas equivalent. WPX Energy, Inc. was incorporated in 2011 and is headquartered in Tulsa, Oklahoma.
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