On Friday, Shares of Verizon Communications Inc. (NYSE:VZ), lost -0.28% to $42.84.
On Friday, after opening the session at $42.55, the shares hit an intraday low of $42.2 and an intraday high of $42.9 and the price vacillated in this range throughout the day. The company has a market cap of $174,174 million and the number of outstanding shares have been calculated to be 4,065,691,000 shares. The 52-week high of Verizon Communications Inc. (NYSE:VZ) is $51.73 and the 52-week low is $38.06.
Verizon Ventures, declared a new corporate partnership with flagship startup accelerator Grand Central Tech (GCT) to support New York technology startups, providing valuable opportunities for professional development, mentorship, networking, and by supporting GCT events. David Famolari of Verizon Ventures will join the board of GCT to share his expertise and sector experience as a mentor, contribute to the organization through industry connections, in addition to highlight opportunities within Verizon for startups involved with GCT.
“I am thrilled to join the board at GCT and be more involved with their great work providing startups with not only mentorship and professional development, but also critical infrastructural resources that contribute to startups’ future success,” said Dave Famolari, Director, Verizon Ventures. “GCT’s focus on expert advisors and mentoring is a perfect fit for Verizon Ventures and we look forward to supporting GCT’s thriving startup community.”
A departure from accelerator models that charge rent or equity, GCT provides best-in-class startups with the resources needed to build and scale their business through a yearlong program that offers a year of free space with no equity taken. Verizon Ventures joins GCT’s list of corporate partners, which comprises Microsoft, Google, Intuit, IBM, Goldman Sachs Group, JPMorgan Chase, L’Oreal USA, and PepsiCo Americas Beverages. As part of this relationship, Dave Famolari, Director, Verizon Ventures will serve on GCT’s Planned Advisory Board.
Verizon Communications Inc. (Verizon) is a holding company that, acting through its subsidiaries, provides communications, information and entertainment products and services to consumers, businesses and governmental agencies.
Shares of Southwestern Energy Company (NYSE:SWN), inclined 3.47% to $12.81, during its last trading session, as the rally in oil prices sends some stocks within the energy sector soaring into the green Friday.
Oil prices were trading in the red earlier recently, but rebounded after Baker Hughes (BHI) stated its weekly U.S. oil rig count, Reuters reports.
Southwestern Energy Company is an energy company engaged in natural gas and oil exploration, development and production (E&P). The Company is focused on creating and capturing additional value through its natural gas gathering and marketing businesses, which it refer to as Midstream Services. The Company conducts its business through subsidiaries.
Shares of Office Depot Inc (NASDAQ:ODP), inclined 1.59% to $6.40, during its last trading session.
Office Depot, has received an average recommendation of “Hold” from the fourteen brokerages that are covering the stock, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, eight have issued a hold recommendation and five have assigned a buy recommendation to the company. The average 1 year price target among analysts that have updated their coverage on the stock in the last year is $9.16.
Office Depot, declared that it was recently named to the Dow Jones Sustainability Index, North America for the tenth year in a row.
The Dow Jones Sustainability Indices, offered cooperatively by RobecoSAM and S&P Dow Jones Indices, serve as global benchmarks for investors who integrate sustainability considerations into their portfolios. The index selects the most sustainable large companies by region and across the world.
“Our inclusion in the Dow Jones Sustainability Index for a decade in North America is a testament of our long-term commitment to corporate sustainability,” said Yalmaz Siddiqui, senior director of sustainability for Office Depot. “We do this by advancing social accountability guidelines for workers in factories around the world, launching award-winning community programs through the Office Depot Foundation, and growing our diverse and green product sales.”
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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