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Monday 28 September 2015
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Notable Stocks in Focus: QUALCOMM, Inc. (NASDAQ:QCOM), Banco Bradesco SA (ADR)(NYSE:BBD), Biomed Realty Trust Inc (NYSE:BMR), Office Depot Inc (NASDAQ:ODP)

On Wednesday, Shares of QUALCOMM, Inc. (NASDAQ:QCOM), lost -0.70% to $53.56.

QUALCOMM, through the Qualcomm® Wireless Reach™ initiative, and China Children and Teenagers’ Fund (CCTF), a nonprofit charity organization in China committed to resolving youth welfare issues, recently declared their partnership on the Qualcomm 21st Century Classroom program, a mobile broadband-based learning program that supports the Chinese government’s use of information and communications technologies (ICT) to modernize education and reduce poverty.

The program is a multipronged education intervention that meets the priorities of the State Council’s national “Three Connections, Two Platforms” plan. It supports the work of the Chinese Ministry of Commerce (MOFCOM) Poverty Alleviation Office (PAO) by assisting improvement teaching and learning capacity in Sichuan Province.

The Learning Program was declared during a ceremony in which Qualcomm signed memoranda of understanding with two county governments in Sichuan Province – the People’s Government of Guang’An District, Guang’An City and the People’s Government of Yilong County, Nanchong City. Attendees comprised Qualcomm senior executives, MOFCOM officials, local country leaders and CCTF leadership.

QUALCOMM Incorporated (Qualcomm) designs, manufactures and market digital communications products and services based on Code Division Multiple Access (CDMA), Orthogonal Frequency Division Multiple Access (OFDMA) and other technologies.

Shares of Banco Bradesco SA (ADR) (NYSE:BBD), declined -5.45% to $5.30, during its last trading session, after Brazil’s currency, the real, fell to 4.12 per dollar.

The real dropped about 1.9% following an overall decline in Latin American currencies, Reuters reports.

Brazil’s currency also fell after the country’s Congress postponed a vote to uphold a presidential veto that would improvement judiciary workers’ salaries by $8.7 billion by 2019.

Banco Bradesco S.A. (the Bank) is a commercial bank. The Bank offers a range of banking and financial products and services in Brazil and abroad to individuals, companies and local and international corporations and institutions. Its products and services comprise banking operations, such as loans and advances and deposit-taking, credit card issuance, purchasing consortiums, insurance, leasing, payment collection and processing, pension plans, asset administration and brokerage services.

Shares of Biomed Realty Trust Inc (NYSE:BMR), inclined 12.30% to $21.54, during its last trading session.

Biomed Realty Trust declared that its board of directors has declared a third quarter 2015 dividend of $0.26 per share of common stock. The dividend is equivalent to an annualized dividend of $1.04 per common share.

The common stock dividend is payable on October 15, 2015 to stockholders of record at the close of business on September 30, 2015.

BioMed Realty Trust, Inc. operates as a real estate investment trust (REIT). The Company is the parent company and general partner of BioMed Realty, L.P. The Company owns, acquires, develops, redevelops, leases and manages laboratory and office space for the life science industry. The Company’s tenants primarily comprise biotechnology and pharmaceutical companies, scientific research institutions, government agencies and other entities involved in the life science industry.

Finally, Office Depot Inc (NASDAQ:ODP), ended its last trade with -0.71% loss, and closed at $7.01.

Office Depot declared new partnerships in Romania and Malta to expand its geographical reach in Europe.

Austral Trade S.R.L., has been selected as the new local partner for Office Depot in Romania, and in Malta, Complete Supplies LTD is Office Depot’s new local partner.

“Both Austral Trade S.R.L. and Complete Supplies LTD are recognized leaders in their regions,” said John Moore, senior vice president, contract sales Europe for Office Depot, Inc. “Through these new partnerships, Office Depot has raised its footprint in Europe, enabling us to serve our international customers more effectively.”

Office Depot, Inc. is a supplier of office products and services. The Company sells products and services to consumers through three segments: North American Retail Division, North American Business Solutions Division and International Division.

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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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