On Friday, Corning Incorporated (NYSE:GLW)’s shares inclined 1.28% to $17.05.
Xtera Communications, Inc., a leading global provider of optical networking solutions, and State Grid Information & Telecommunication (SGIT) of China, the telecommunication arm of the world’s largest power grid builder and operator, declared the demonstration of record unrepeatered transmission distances using Xtera’s commercial Wise Raman™ solution and large effective area ultra-low loss fiber from Corning Incorporated (NYSE: GLW), a leading provider of optical fibers. With the support of Accelink, Xtera’s partner in China, 100G and 10G transmissions were demonstrated over 627 km and 645 km, respectively, with no active equipment between the end points of the links.
These industry’s leading achievements outline the unrivaled unrepeatered reach performance obtained by combining Xtera’s Wise Raman™ optical amplification solution and Corning® Vascade® EX2000 optical fiber. Both products are commercially accessible recently and already deployed in the field.
Ultra-long, “thin” (low-capacity) unrepeatered transmission systems provide a cost-effective and simpler-to-operate solution over a repeatered solution for many applications, counting subsea links connecting sparsely populated islands and communication links to offshore oil and gas platforms, and over power utility grids to remote areas.
Corning Incorporated manufactures and sells specialty glasses, ceramics, and related materials worldwide. The company operates through five segments: Display Technologies, Optical Communications, Environmental Technologies, Specialty Materials, and Life Sciences.
Strategic Hotels and Resorts Inc (NYSE:BEE)’s shares gained 0.65% to $13.97.
The most recent short interest data has been released by the NASDAQ for the 09/15/2015 settlement date, which shows a 1,602,439 share decrease in total short interest for Planned Hotels & Resorts, Inc. (NYSE: BEE), to 7,847,534, a decrease of 16.96% since 08/31/2015, according to Forbes.
Average daily volume for BEE at the 09/15/2015 settlement raised to 11,612,400, as contrast to 2,813,805 at the 08/31/2015 report. That brought “days to cover” down to 1.00, a 70.22% decrease from the 3.36 days to cover calculated at the previous short interest data release. Forbes Reports.
Strategic Hotels & Resorts, Inc is an equity real estate investment trust. The firm invests in the real estate markets of the United States. It is owner and asset manager of the highest quality portfolio of upper-upscale and luxury hotels and resorts.
At the end of Friday’s trade, First Niagara Financial Group Inc (NASDAQ:FNFG)‘s shares dipped -0.38% to $10.43.
The Pittsburgh Penguins(R) of the National Hockey League have finalized an extension and expansion of a five-year sponsorship agreement with First Niagara Financial Group, Inc. (FNFG). First Niagara expands its sponsorship as the “official retail bank of the Pittsburgh Penguins” and becomes the newest and 10th founding partner of the team, its top-tier sponsorship designation.
First Niagara will receive in-arena sponsorship exclusivity in the retail banking and credit card categories and is also the “official credit card of the Pittsburgh Penguins” and the named sponsor of CONSOL Energy Center’s First Niagara Club. The deal comprises both debit and credit card promotions, bank branding in the CONSOL Energy Center on dasher boards, LED rings and digital displays throughout the Center, radio advertising on the Pittsburgh Penguins Radio Network and other promotional benefits, counting First Niagara ATM’s at both downtown and Cranberry locations. In addition, First Niagara’s sponsorship comprises branding and promotion opportunities at the UPMC Lemieux Sports Complex, the Penguins’ primary training center located in Cranberry, PA.
First Niagara Financial Group, Inc. operates as the bank holding company for First Niagara Bank, N.A. that provides retail and commercial banking, and other financial services to individuals, families, and businesses.
Fiat Chrysler Automobiles NV (NYSE:FCAU), ended its Friday’s trading session with 3.77% gain, and closed at $14.03.
FCA US named Ryan Talbott Chief Information Officer for its NAFTA region. In addition, Talbott will be responsible for Information and Communication Technology (ICT) for the Company’s APAC region, where he oversees the regional team. The appointment is effective right away.
Talbott replaces Scott Sandschafer who has decided to leave the company to pursue other interests.
Talbott joined FCA US in 2010 and has held a series of positions in the Company’s ICT department. Formerly, he was with Accenture where he focused on technology implementation for various clients.
Fiat Chrysler Automobiles N.V., an automotive group, designs, engineers, manufactures, distributes, and sells vehicles and components. It offers passenger cars, light trucks, and light commercial vehicles under the Abarth, Alfa Romeo, Chrysler, Dodge, Fiat, Fiat Professional, Jeep, Lancia, and Ram brand names, in addition to after-sales services and parts under the Mopar brand name.
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