On Friday, AT&T Inc. (NYSE:T)’s shares declined -0.70% to $32.55.
AT&T is committed to widespread broadband deployment, counting serving those who live and work in hard-to-reach and remote areas.
Even with the latest technology, in some areas, broadband deployment is not economically viable. To address that problem, in late 2011, the Federal Communications Commission (FCC) modernized its Universal Service program to support net operates capable of providing broadband and voice services. It created the Connect America Fund (CAF) to expand broadband in rural areas where market forces and economics do not support expansion.
AT&T has elected to take part in the second phase of the CAF program in Mississippi, committing to deploy broadband to more than 133,000 rural homes and businesses. Created by the FCC, the CAF program promotes broadband deployment in high-cost, underserved parts of the United States. AT&T Mississippi will receive almost $50 million annually, for the coming six years, to assist meet the CAF commitment in the Magnolia State.
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.
Annaly Capital Management, Inc. (NYSE:NLY)’s shares dropped -0.38% to $10.38.
Annaly Capital Management, Inc. (NLY) declared that its wholly-owned partner Annaly Commercial Real Estate Group, Inc. has offered a $592 million loan to an associate of Blackstone Real Estate Partners VIII, and their partner Fairstead Capital for the purchase of a 24 building New York City multi-family apartment portfolio.
Annaly capitalized on Blackstone’s strong relationship with the institutional commercial real estate origination team that recently joined Annaly from GE Capital Real Estate.
Annaly Capital Management, Inc. owns a portfolio of real estate related investments in the United States. The company invests in various types of agency mortgage-backed securities and related derivatives to hedge these investments; acquires, finances, and manages commercial mortgage loans and other commercial real estate debt, commercial mortgage-backed securities, and other commercial real estate-related assets; and operates as a broker-dealer.
At the end of Friday’s trade, Exelon Corporation (NYSE:EXC)‘s shares dipped -1.96% to $30.95.
Commonwealth Edison Company (ComEd) is a unit of Chicago-based Exelon Corporation (EXC), ComEd and the National Safety Council (NSC) awarded more than $137,000 in Powering Community Safety grants to 17 municipalities located in northern Illinois to support their ongoing efforts to improve local safety initiatives.
Recognizing that safe communities are crucial to the quality of our lives, eligible municipalities received cash grants for improvements made to advance their journey to safety excellence.
NSC, a nonprofit organization whose mission is to save lives by preventing injuries and deaths at work, in homes and communities, will administer the Powering Community Safety grants and programs developed through the funding, in addition to distribute a maximum of $10,000 per project for each approved application.
Grantees will be recognized at a reception in Oakbrook, Il., on September 22, 2015.
Exelon Corporation, a utility services holding company, engages in the energy generation and delivery businesses in the United States. It owns electric generating facilities, such as nuclear, fossil, and hydroelectric generation facilities, in addition to wind and solar photovoltaic facilities.
Baxter International Inc (NYSE:BAX), ended its Friday’s trading session with -0.47% loss, and closed at $36.18.
The Honor Society of Nursing, Sigma Theta Tau International (STTI) named Jacquelyn Campbell, PhD, RN, FAAN, the 2015 recipient of the STTI Episteme Award supported by The Baxter International Foundation. Campbell is the Anna D. Wolf Chair and Professor at Johns Hopkins University School of Nursing. As Episteme Laureate, Campbell will be the keynote speaker at STTI’s 43rd Biennial Convention in Las Vegas, Nev., November 7-11, 2015, where she will be presented with the $15,000 award.
For more than 30 years, Dr. Campbell has conducted research in nursing knowledge that encompasses U.S. and global investigation and documentation of domestic violence, homicide, and other physical and mental health outcomes of intimate partner violence (IPV). Her research primarily focuses on femicide, the raised risk for HIV/AIDS associated with IPV, and the global impact of and attention to IPV.
Baxter International Inc., develops, manufactures, and markets products for people with hemophilia, immune disorders, infectious diseases, kidney disease, trauma, and other chronic and acute medical conditions.
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