On Friday, AT&T Inc. (NYSE:T)’s shares declined -1.41% to $32.58.
AT&T is committed to widespread broadband deployment, counting serving those who live and work in hard-to-reach and remote areas.
Even with the latest technology, in some areas, broadband deployment is not economically viable. To address that problem, in late 2011, the Federal Communications Commission (FCC) modernized its Universal Service program to support netoperates capable of providing broadband and voice services. It created the Connect America Fund (CAF) to expand broadband in rural areas where market forces and economics do not support expansion.
AT&T has elected to take part in the second phase of the CAF program in Louisiana, committing to deploy broadband to nearly 75,000 rural homes and businesses. AT&T Louisiana will receive almost $28 million annually over the next six years, to assist meet the CAF commitment in the State.
AT&T Inc. 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. This segment also sells various handsets, wirelessly enabled computers, and personal computer wireless data cards through its owned stores, agents, or third-party retail stores; and accessories, such as carrying cases, hands-free devices, batteries, battery chargers, and other items to consumers, in addition to to agents and third-party distributors.
JPMorgan Chase & Co. (NYSE:JPM)’s shares dropped -1.76% to $61.51.
JPMorgan Chase & Co. (JPM) will host a conference call to review fourth quarter 2015 financial results on Thursday, January 14, 2016 at 8:30 a.m. (Eastern). The results are planned to be released at 7:00 a.m. (Eastern).
JPMorgan Chase & Co. provides various financial services worldwide. The company operates through four segments: Consumer & Community Banking, Corporate & Investment Bank, Commercial Banking, and Asset Administration. The Consumer & Community Banking segment offers deposit and investment products and services to consumers; lending, deposit, and cash administration and payment solutions to small businesses; and residential mortgages and home equity loans, in addition to provides credit cards, payment services, payment processing services, and auto and student loans.
At the end of Friday’s trade, Joy Global Inc. (NYSE:JOY)‘s shares dipped -1.43% to $18.63.
Joy Global Inc. (JOY) declared recently that Randal W. Baker, the Company’s Executive Vice President and Chief Operating Officer, will leave the Company effective September 4, 2015 to pursue other opportunities. Mr. Baker formerly served as President of Joy Global Surface Mining Inc. from November 2009 until his appointment as Chief Operating Officer in December 2013.
Joy Global Inc. is a worldwide leader in mining equipment and services for surface and underground mining.
Joy Global Inc. manufactures and services mining equipment for the extraction of coal, copper, iron ore, oil sands, gold, and other minerals. It operates in two segments, Underground Mining Machinery and Surface Mining Equipment. The Underground Mining Machinery segment produces armored face conveyors, battery haulers, continuous chain haulage systems, continuous miners, conveyor systems, feeder breakers, flexible conveyor trains, hard rock mining products, high angle conveyors, long wall shearers, powered roof supports, road headers, roof bolters, and shuttle cars. This segment also provides equipment assemblies, services, repairs, rebuilds, parts, enhancement kits, and training. The Surface Mining Equipment segment produces blasthole drills, conveyor systems, electric mining shovels, feeder breakers, high angle conveyors, walking draglines, and wheel loaders.
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