On Tuesday, Shares of AT&T, Inc. (NYSE:T), gained 2.48% to $35.91.
Novatel Wireless, Inc., (MIFI), a leading provider of wireless solutions for the Internet of Things (IoT), declared AT&T (NYSE:T) network approval of the MiFi(R) Secure SA 1100, the first offering in a new platform designed specifically for the control and automation market. The SA 1100 series presents customers with opportunities to create differentiated services that drive business growth. Out of the gate, the portfolio has made its introduction into the home security solutions market, a segment within the control and automation market.
The SA 1100, declared in April with Icontrol Networks at the ISC West Conference, is a dual path communicator board for independent security dealers to easily install in home security panels. The solution empowers home security alarm providers to expedite the current 3G cellular upgrade requirement for pre-installed security devices on the AT&T network in addition to offering home automation services by simplifying communication of smart home appliances through one touch point via Wi-Fi and Z-Wave(R) protocols. The portfolio comprises open standards-based products with the ability to run “as-a-service” solutions that enable providers to enter new markets and grow revenue.
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.
Oil prices gained Tuesday, fueled by expectations of a drop in U.S. crude-oil and gasoline supplies.
The U.S. crude-oil benchmark, known as West Texas Intermediate, settled up 63 cents, or 1%, at $61.01 a barrel on the New York Mercantile Exchange. Brent, the global benchmark, rose $1.11, or 1.8%, to $64.45 a barrel on ICE Futures Europe. WSJ Reports.
Among Energy companies, Shares of Kinder Morgan, Inc. (NYSE:KMI), declined -0.55% to $39.43, during its last trading session.
Kinder Morgan, Inc. operates as an energy infrastructure and energy company in North America. The company operates through Natural Gas Pipelines, CO2, Terminals, Products Pipelines, Kinder Morgan Canada, and Other segments. The Natural Gas Pipelines segment owns and operates interstate and intrastate natural gas pipeline and storage systems; natural gas and crude oil gathering systems, and natural gas processing and treating facilities; and natural gas liquids fractionation facilities and transportation systems.
Finally, PulteGroup, Inc. (NYSE:PHM), ended its last trade with 0.30% gained, and closed at $20.31, as some home builder stocks rise following the release of data showing new single family home sales rose to a seven year high in May.
On Tuesday, the Commerce Department said sales grew by 2.2% to a seasonally adjusted annual rate of 546,000 units, the highest level since February 2008, Reuters reports.
PulteGroup, Inc., through its auxiliaries, engages in the homebuilding business; mortgage banking operations; and title operations in the United States. The company is involved in the acquisition and development of land primarily for residential purposes; and the construction of housing on land.
DISCLAIMER:
This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.
All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.
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.
Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified through the use of such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should/might occur.
