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Tuesday 11 August 2015
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Pre-Market News Buzz on: Southern (NYSE:SO), Quantum (NYSE:QTM), Tyson Foods, NYSE:TSN)

On Thursday, Southern Co (NYSE:SO)’s shares inclined 1.03% to $45.07.

- SouthernLINC Wireless, a Southern Company (SO), has declared plans to offer mission critical 4G LTE Advanced data services to Southern Company utilities and to local businesses and government in the utilities’ service territories. The first highly reliable, fixed data service offerings will be accessible in Atlanta, Birmingham and Tuscaloosa in mid-2016.

SouthernLINC is constructing a new 4G LTE Advanced network to meet the growing mission-critical data needs of its largest customer, Southern Company’s electric utilities. The highly reliable network will have the capacity to serve the most crucial data needs of area businesses and local government as well. The new 4G LTE Advanced network will offer network encryption over the air and from SouthernLINC’s towers to the network’s core data centers; this level of security is not commonly offered by wireless carriers. In addition, the company is beefing up emergency backup power capabilities with hydrogen fuel cell technology at key locations and is adding main power and core data center redundancy to enhance the reliability of the new network.

The Southern Company, together with its auxiliaries, operates as a public electric utility company. It is involved in the generation, transmission, and distribution of electricity through coal, nuclear, oil and gas, and hydro resources in the states of Alabama, Georgia, Florida, and Mississippi. The company also constructs, acquires, owns, and manages generation assets, counting renewable energy projects. As of December 31, 2014, it operated 33 hydroelectric generating stations, 33 fossil fuel generating stations, 3 nuclear generating stations, 13 combined cycle/cogeneration stations, 9 solar facilities, 1 biomass facility, and 1 landfill gas facility.

At the end of Thursday’s trade, Quantum Corp (NYSE:QTM)‘s shares dipped -0.86% to $1.15.

Quantum Corp. (QTM) declared that Alex Grossman, the company’s vice president of media and entertainment, and Janae Stow Lee, senior vice president of strategy, will speak at the Flash Memory Summit, Aug. 11-13, at the Santa Clara Convention Center in Santa Clara, California. Grossman will chair the “Media and Entertainment Experts Roundtable” and serve as a panelist for the “Flash in Studio/Broadcast Production/PostStorage” session, and Lee will take part in the “Women in the Storage Industry” panel.

“Media and Entertainment Experts Roundtable”

  • Tuesday, Aug. 11, at 4:35 p.m. PDT
  • Industry experts will talk about the current status of the various media and entertainment market segments, where the bottlenecks and issues are and what the future holds for the equipment and storage industries, in addition to for large and small production operations.

Quantum Corporation provides scale-out storage, archive, and data protection solutions for small businesses to major enterprises in the Americas, Europe, and the Asia Pacific. Its scale-out storage portfolio comprises StorNext software, appliances and full systems called StorNext Pro Solutions, in addition to Lattus extended online storage and Q-Cloud Archive services. The company’ products also comprises StorNext Workflow Storage that offer predictable file sharing and archiving in purpose-built configurations of metadata controllers, expansion appliances, and disk and archive enabled libraries; Lattus Object Storage solutions, which enable high volumes of data to be accessible at any time to extract valuable information; and Q-Cloud Archive Services for various applications, counting using the cloud as a tier for archive storage within StorNext storage environments.

Tyson Foods, Inc. (NYSE:TSN), ended its Thursday’s trading session with 1.62% gain, and closed at $42.07.

The Board of Directors of Tyson Foods, Inc. (TSN), at a meeting on July 30, 2015, declared the quarterly dividend of $0.10 per share on Class A common stock and $0.09 per share on Class B common stock, payable on December 15, 2015, to shareholders of record at the close of business on December 1, 2015.

Tyson Foods, Inc., together with its auxiliaries, produces, distributes, and markets chicken, beef, pork, prepared foods, and related allied products worldwide. The company breeds and raises chickens; and processes live chickens into fresh, frozen, and value-added chicken products. It also processes live fed cattle, and live market hogs and allied products; fabricates pork and dressed beef carcasses into primal and sub-primal cuts and case-ready products; and sells hides and meats. In addition, the company manufactures and markets frozen and refrigerated food products, such as pepperoni, bacon, beef and pork pizza toppings, pizza crusts, flour and corn tortilla products, appetizers, prepared meals, ethnic foods, soups, sauces, side dishes, meat dishes, and processed meats.

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