On Wednesday, in the course of current trade, Shares of Verizon Communications Inc. (NYSE:VZ), dropped -0.12%, and is now trading at $49.08.
Verizon Wireless, a technology leader with the nation’s largest and most reliable 4G LTE network, confirmed that data usage by fans at the 2015 Indianapolis 500 saw a 200 percent enhance on Race Day. Between social media, calls and texts, Verizon engineers confirmed from 8 a.m. to 5 p.m. on Sunday, May 24, more than 3 terabytes of data moved exclusively over the Verizon’s 4G LTE distributed-antenna-system (DAS) inside the venue. This is a 200 percent enhance contrast to the same window of time during the 2014 race. Engineers confirmed that over the entire weekend from Friday, May 22, to Sunday, May 24, a total of 9 terabytes of data moved over the Verizon 4G LTE DAS.
Verizon also released an online behind-the-scenes video of the network innovations put in place for the 2015 race at the Indianapolis Motor Speedway (IMS), counting nearly a dozen small cells around the exterior of the track to handle growing data traffic. Verizon engineers spent more than a year designing and creating a custom wireless network facility built at the track to handle the voice and data capacity for upwards to 400,000 fans sharing photos and videos on social media at a series of events. As the world’s largest sporting venue, IMS serves as the largest network footprint in the country for a single event.
Verizon Communications Inc., through its auxiliaries, provides communications, information, and entertainment products and services to consumers, businesses, and governmental agencies worldwide.
During an Afternoon trade, Shares of Boston Scientific Corporation (NYSE:BSX), dipped –0.42%, and is now trading at $18.21.
Boston Scientific Corporation, is planned to take part in the Goldman Sachs 36th Annual Global Healthcare Conference on June 9 in Rancho Palos Verdes, CA.
Dan Brennan, executive vice president and chief financial officer, and Susie Lisa, vice president, Investor Relations, will take part in a 35-minute question and answer session regarding the company with the host analyst starting at about 10 a.m. PT.
Boston Scientific Corporation develops, manufactures, and markets medical devices for use in various interventional medical specialties worldwide. The company operates in three segments: Cardiovascular, Rhythm Administration, and MedSurg.
Shares of The Charles Schwab Corporation (NYSE:SCHW), during its Wednesday’s current trading session gained 1.58%, and is now trading at $32.13, hitting its highest level.
The Charles Schwab Corporation, declared that it is reducing fees in the Schwab 529 College Savings Plan effective July 17, 2015. The actively-managed portfolios are being reduced by an average of 20 percent, with total expense ratios now ranging from 0.41 to 1.01%, down from 0.41 to 1.34%. The passive index portfolios will decrease 45 percent to a total expense ratio of 0.30% down from 0.55%. The fee reductions are aimed at giving parents, relatives and friends an even more cost-effective way to save for a child’s higher education, a top priority for many investors as college expenses continue to rise.
“Costs can have a noteworthy impact on long term investment performance, which is why Schwab is committed to keeping costs low for investors,” said Doug Hanson, Charles Schwab Vice President, Asset Administration Client Solutions. “Our new 529 program fees are very competitive contrast to the rest of the industry, and the less investors pay in fees, the more savings they can keep in their account. Considering the costs of higher education recently, we know every dollar counts for clients of Schwab’s 529 Plan.”
Investors can open a Schwab 529 account online or by phone, through Schwab financial consultants, or through Registered Investment Advisors (RIAs) that custody client assets with Schwab. Schwab 529 plan clients also have access to customer support 24 hours a day, seven days a week.
The Charles Schwab Corporation, through its auxiliaries, provides wealth administration, securities brokerage, banking, money administration, and financial advisory services. The company operates through two segments, Investor Services and Advisor Services.
Finally, Kennametal Inc. (NYSE:KMT), gained 0.61% Wednesday.
Kennametal, declared that it has been selected among IDG’s CIO magazine’s CIO 100 Awards for the second successive year. The annual award recognizes organizations around the world that exemplify the highest level of operational and planned excellence in information technology.
Building on last year’s recognition for its revolutionary knowledge database called NOVO™, Kennametal this year received recognition for its progressive cloud-based solution called NOVO Optimize. Developed to address the critical need for improved productivity and process knowledge for manufacturing companies, NOVO Optimize utilizes “Big Data” analytics to provide digital business intelligence in manufacturing processes, operations and machine utilization.
Every year, the CIO 100 Awards honor companies for delivering leading-edge IT practices and measurable results in innovative ways. The process for being chosen among the 100 best companies is systematic and very competitive and considers the creativity, depth and breadth of the companies’ practices against other candidates.
Kennametal Inc. manufactures and supplies tooling, engineered components, and advanced materials consumed in production processes worldwide. The company operates in two segments, Industrial and Infrastructure.
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