Mix Active Stocks in Review: AT&T, Inc. (NYSE:T), Paragon Shipping Inc. (NASDAQ:PRGN), TE Connectivity Ltd. (NYSE:TEL)

Mix Active Stocks in Review: AT&T, Inc. (NYSE:T), Paragon Shipping Inc. (NASDAQ:PRGN), TE Connectivity Ltd. (NYSE:TEL)

- in Business & Finance
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During Thursday’s trade, Shares of AT&T, Inc. (NYSE:T), lost -0.85% to $33.28.

AT&T now makes available its AT&T NetBond® service to federal government agencies to assist them make fast, private and highly reliable network connections to Amazon Web Services (AWS) GovCloud (US).

AT&T NetBond lets agencies bypass the public Internet to connect to cloud services. It assists users make more efficient use of bandwidth. It can also assist improve latency performance by as much as 50 percent contrast to traditional internet.

“Agencies can use our NetBond capability as their private access point to services in AWS GovCloud (US) for fast, high-performing cloud services,” said Kay Kapoor, president, AT&T Government Solutions. “In this era of a ‘Cloud First’ government, NetBond can assist public sector agencies use cloud services confidently and cost-efficiently.”

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.

Shares of Paragon Shipping Inc. (NASDAQ:PRGN), inclined 14.81% to $0.18, during its current trading session.

Paragon Shipping declared recently that the Board of Directors has designated Mr. Nikolas Arachovas as the Chief Financial Officer of the Company, with immediate effect.

Nikolas Arachovas has been the Financial Advisor of Allseas Marine S.A., the Company’s technical and commercial manager, since February 2015. He brings more than eight years of experience in shipping and held senior administration positions in companies, where he was involved in their financial strategy. Before engaging in shipping, he worked for international companies such as Coca-Cola HBC, Deloitte and S&B Industrial Minerals.

Paragon Shipping Inc. provides shipping transportation services worldwide. It engages in the ocean transportation of drybulk cargoes, counting commodities, such as iron ore, coal, grain, and other materials.

Finally, TE Connectivity Ltd. (NYSE:TEL), lost -0.19%, and is now trading at $66.54.

The TE Connectivity Ltd. (TEL) Board of Directors recently approved a recommendation to improvement the company’s quarterly dividend by 12 percent, from $0.33 to $0.37 per share, for the four fiscal quarters starting in April 2016, the starting of the third fiscal quarter. The recommendation would raise the company’s dividend by 12 percent, from the annual rate of $1.32 per share to $1.48 per share, and will be presented for shareholder approval at the company’s Annual General Meeting of Shareholders on March 2, 2016. The recommendation represents the sixth successive year of double-digit improvements to the company’s annual dividend rate.

TE Connectivity Ltd., together with its auxiliaries, engages in the design, manufacture, and sale of connectivity and sensors solutions primarily in Switzerland. The company operates through three segments: Transportation Solutions, Industrial Solutions, and Communications Solutions.

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Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

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