On Friday, Shares of Comcast Corporation (NASDAQ:CMCSA), lost -0.80% to $60.49.
Comcast, declared it is increasing Internet speeds with the introduction of a new Performance Pro speed tier of 75 Mbps and Blast! Pro speed tier of 150 Mbps. Customers who subscribe to many popular XFINITY bundles will now receive either Performance Pro, increasing their download speeds from 50 Mbps to 75 Mbps, or Blast! Pro, increasing their speeds from 105 Mbps to 150 Mbps, an improvement of nearly 50 percent.
For those subscribing to eligible bundles, the new Performance Pro speed or Blast! Pro speed tiers will be available by the end of October. They are available to customers in Houston and Washington effective October 9.
To get the new speeds, customers need to re-start their modems. Comcast will also notify customers who may need to upgrade their modems to be able to receive the raised speeds. Eligible customers who lease modems from Comcast will be able to receive upgraded modems at no additional charge.
Comcast Corporation operates as a media and technology company worldwide. It operates through Cable Communications, Cable Networks, Broadcast Television, Filmed Entertainment, and Theme Parks segments.
Shares of Canadian Natural Resource Ltd (USA) (NYSE:CNQ), inclined 0.24% to $24.76, during its last trading session.
The stock was trading on below-average volume. The stock traded at a volume of 7,913,400 shares at a price gain of 0.24%. The share price is now down -5.06% for the past three months. Latest closing price was 14.53% above its 50-day moving average and -9.46% below its 200-day moving average.
Canadian Natural Resources Limited acquires, explores for, develops, produces, markets, and sells crude oil, natural gas, and natural gas liquids (NGLs). The company offers light and medium crude oil, primary heavy crude oil, Pelican Lake heavy crude oil, bitumen, and synthetic crude oil (SCO).
Finally, Olin Corporation (NYSE:OLN), ended its last trade with -1.63% loss, and closed at $ 18.07.
Olin Corporation, declared the successful completion of the formerly declared merger of The Dow Chemical Company’s (DOW) U.S. Chlor-Alkali and Vinyl, Global Chlorinated Organics and Global Epoxy businesses with Olin and the election by Olin’s board of directors of four new officers.
Joseph D. Rupp, Olin’s Chairman and Chief Executive Officer, said, “I want to welcome the four new officers and the talented business leaders, administration teams and skillful employees of the businesses who will become part of the Olin family. I also want to congratulate and thank all the employees from both companies who worked diligently to make this merger a success.”
James A. Varilek, 57, was elected Executive Vice President of Olin and President, Chlor Alkali Vinyls and Services. Jim most recently served as Chief Operating Officer, Dow Chlorine Products; President, U.S. Chlor-Alkali & Vinyl. In this role, Jim led the Chlor-Alkali and Vinyl Business and organizational readiness for the Dow Chlorine Products divestiture. Jim holds a bachelor’s degree in Economics and a master’s degree in Business Administration from the University of Michigan.
Olin Corporation manufactures and sells chlor alkali products in the United States and internationally. The company operates through three segments: Chlor Alkali Products, Chemical Distribution, and Winchester.
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