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Friday 24 July 2015
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Pre-Market News Buzz on: Windstream Holdings, (NASDAQ:WIN), Xilinx, (NASDAQ:XLNX), LendingClub (NYSE:LC), Yelp (NYSE:YELP)

On Tuesday, Windstream Holdings, Inc. (NASDAQ:WIN)’s shares declined -1.69% to $5.23.

Windstream Holdings Inc. (WIN) declared that Windstream and Salestream Software, the provider of MasterStream, have joined efforts to offer instant access to pricing quotes for their mutual telecom clients via Windstream’s new Carrier API.

The new Carrier API allows customers to integrate Windstream’s pricing engine directly into their back office. Those customers retrieve pricing on demand while maintaining their current quote to cash workflow. Windstream’s carrier customers that utilize the MasterStream software platform can now experience seamless quoting on the MasterStream platform for the products they offer wherever Windstream can provide service. As a result of the ongoing MasterStream partnership, many Windstream customers will benefit from their cloud solution.

Windstream Holdings, Inc. provides communications and technology solutions in the United States. It offers managed services and cloud computing services to businesses, in addition to broadband, voice, and video services to consumers primarily in rural markets. The company’s primary business service offerings comprise integrated voice and data services, multi-site networking, data center services, managed services, high-speed Internet, and voice services.

Xilinx, Inc. (NASDAQ:XLNX)’s shares dropped -1.42% to $41.64.

Xilinx, Inc. (XLNX) declared its partnership with China Mobile Research Institute (CMRI) for the development of the next generation fronthaul interface (NGFI) in an MOU signing ceremony during the China Mobile Research Institute hosted NGFI Workshop. With the advent of 5G wideband multi-antenna systems, Xilinx and CMRI are working together to research the key technologies and components of a new fronthaul interface for wireless networks, in conjunction with emerging technologies such as C-RAN, large-scale-antenna-system, and 3D MIMO.

In current wireless systems, the bandwidth of CPRI has raised rapidly and requires more and more fiber cables to be laid by the operators. This is costly and very challenging for the centralized baseband architecture, which is the trend for future wireless networks. The fronthaul link, between the baseband and radio units, is a critical subsystem for improvement. Xilinx All Programmable devices and design environments will serve as an important enabler for this interface and future wireless systems.

Xilinx, Inc. designs and develops programmable devices and associated technologies worldwide. Its programmable devices comprise integrated circuits (ICs) in the form of programmable logic devices (PLDs), such as programmable system on chips, and three dimensional ICs; software design tools to program the PLDs; targeted reference designs; printed circuit boards; and intellectual property (IP), which comprises of Xilinx and various third-party verification and IP cores.

At the end of Tuesday’s trade, LendingClub Corp (NYSE:LC)‘s shares surged 2.74% to $15.01.

At CGI America, President Bill Clinton declared a Commitment to Action between Lending Club (LC), the world’s largest online marketplace connecting borrowers and investors, and Opportunity Fund, a national leader in community-based lending to small businesses.

This pilot program is intended to provide up to $10 million in loans to small businesses in underserved areas of California, assisting an estimated 400 businesses create 1,000 jobs, based on historical impact data collected by Opportunity Fund. The partnership was developed as part of the Community Investment Working Group.

Access to capital for entrepreneurs plays a key role in economic mobility, job creation, and the health of the middle-class, but bank lending to small businesses has failed to recover from the 2008 recession. According to FDIC data[1], while bank commercial loans of $1 million or more have raised by 47% from 2007 to 2014, loans of $100,000 or less have actually fallen by 9%. According to Opportunity Fund, minority communities and women entrepreneurs are particularly underserved, exacerbating disparities in wealth and opportunity.

LendingClub Corporation operates as an online marketplace for connecting borrowers and investors in the United States. Its marketplace facilitates various types of loan products for consumers and small businesses, counting unsecured personal loans, super prime consumer loans, unsecured education and patient finance loans, and unsecured small business loans.

Yelp Inc (NYSE:YELP), ended its Tuesday’s trading session with 2.89% gain, and closed at $35.55.

Yelp Inc. (YELP), the company that connects consumers with great local businesses, declared the launch of Yelp Philippines (http://www.yelp.com.ph).

Starting recently, people across the Philippines are able to read reviews about great local businesses and create accounts on Yelp.com.ph to share their opinions. Yelp’s free iPhone and Android apps will be accessible in addition to its free suite of business owner tools: Yelp for Business Owners (http://biz.yelp.com.ph).

The Philippines is home to 100 million people, 7,107 islands, 23 active volcanoes, a six-inch primate, and countless Jeepneys and it is the 32nd international market to join the Yelp community. Yelp in the Philippines is accessible in both English and Filipino, the 18th language accessible on Yelp.

The Philippines is one of the most modern countries in Asia and the sixth largest English-speaking nation in the world, with English widely spoken as a second language. It is also culturally diverse and internet savvy, with Filipinos sending more than 1 billion text messages per day.

Dedication to food is another trait common to Filipino culture. Whether you prefer budget bites at carenderias or turo-turos or a full-fledged fiesta feast with lechon, caldereta (or even the local version of spaghetti), you’ll always find the country’s wide mix of influences come together beautifully in the cuisine. As if you needed more enticement, the country’s hospitality means you’re always sure to be welcomed with a big smile wherever you go.

Yelp Inc. operates a platform that connects people with local businesses in the United States. Its platform covers various local business categories, counting restaurants, shopping, beauty and fitness, arts, entertainment and events, home and local services, health, nightlife, travel and hotel, auto, and others categories. The company provides local advertising services, counting free and paid business listing services to businesses of various sizes, in addition to enable businesses to deliver targeted search advertising to large local audiences through its Website and mobile app.

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