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Wednesday 24 June 2015
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Pre-Market Stocks Recap: Cisco Systems, (NASDAQ:CSCO), Comcast Corporation, (NASDAQ:CMCSA), LendingClub Corporation, (NYSE:LC)

On Wednesday, Shares of Cisco Systems, Inc. (NASDAQ:CSCO), gained 1.49% to $28.66.

Cisco Systems, declared that it take partd in the experimental 4K Broadcast of UEFA Champions league Final on June 6. Canal+ Group used the Cisco® Videoscape AnyRes Live ultra high definition (UHD) encoders for its pioneering broadcast of the UEFA Champions League Final in 4K ultra high definition over Satellite and OTT. 4K resolution offers a whopping 8.3 million pixels to display a virtually flawless picture, delivering vivid colors and picture details of the highest quality, even when viewed up close and on the largest screens.

The Cisco AnyRes 4K Encoder brings leading edge quality for real-time media delivery applications such as live sports, and best-in-class reliability and stability required for high profile, must-see events. The Cisco AnyRes platform can stream multiple formats to any device, counting iPhone, iPad, feature phones and smartphones, in addition to delivering pristine ultra HD video to TVs.

Cisco Systems, Inc. designs, manufactures, and sells Internet Protocol (IP) based networking products and services related to the communications and information technology industry worldwide.

Shares of Comcast Corporation (NASDAQ:CMCSA), inclined 0.66% to $58.23, during its last trading session.

Comcast Corporation, and NBC Connecticut are partnering as one of this year’s Marquee Sponsors for the International Festival of Arts & Ideas, which kicks off Friday, June 12th and runs through June 27th at venues across the Elm City. This year marks the 20th anniversary of the 15-day celebration, which will again be presenting a wide variety of entertainment counting free concerts, exclusive performances, walking tours and tons of family fun and which is predictable to attract over 100,000 visitors to the area.

“Comcast has played a defining role in shaping the future of media and technology, and we pride ourselves on bringing the most innovative products to our customers,” said Mary McLaughlin, Senior Vice President of Comcast’s Western New England Region, which is headquartered in Berlin. “In addition to offering quality TV, the nation’s fastest Internet and in-home Wi-Fi, we are also committed to supporting diverse and cultural local attractions such as this year’s International Festival of Arts & Ideas and using our technology to drive innovation deeper into the heart of New Haven.”

Throughout the Festival, Comcast and NBC Connecticut will be joining forces to provide state-of-the-art technology, counting the availability of free Xfinity Wi-Fi on the New Haven Green and the Xfinity Zone at the Festival Info Center. Festival-goers can relax at the Xfinity Zone, search the plan of Festival events, charge their devices at the Xfinity docking stations or kick back and check out the innovative Xfinity products and services, counting the X1 Operating System.

Comcast Corporation operates as a media and technology company worldwide. It operates through Cable Communications, Cable Networks, Broadcast Television, Filmed Entertainment, and Theme Parks segments.

Finally, LendingClub Corporation (NYSE:LC), ended its last trade with 2.65% gain, and closed at $17.42.

Community Investment Administration (“CIM”), an impact investment firm focused on marketplace lending, declared recently a Clinton Global Initiative America (CGI America) Commitment to Action to provide $300 million of responsible and transparent financing to 9,500 small businesses in the United States over the next two years.

CIM’s capital will be invested in partnership with a select group of technology-driven lenders that provide innovative borrower-centric debt financing to qualified U.S. small businesses. At CGI America, CIM joined Lending Club (LC), the world’s largest online marketplace connecting borrowers and investors, and Accion Venture Lab in the commitment. CIM plans to dedicate $75 million to invest in business loans through the Lending Club platform during and beyond the two-year period.

A majority of the U.S. small businesses CIM funds are owned by women, minorities or military veterans. CIM’s commitment represents the first noteworthy impact investment in online marketplace lending, also known as peer-to-peer or P2P lending.

Community Investment Administration (“CIM”) is an impact investment firm focused on marketplace lending. CIM provides responsible and transparent financing to small businesses in the United States in partnership with a select group of technology-driven lenders.

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.

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