On Tuesday, Shares of Cisco Systems, Inc. (NASDAQ:CSCO), lost -0.54% to $28.79.
BLACKBERRY Limited (BBRY)(BB.TO) and Cisco (CSCO) declared that they have reached a long-term patent cross-licensing agreement covering their respective products and technologies.
As part of the cross-licensing agreement, BlackBerry will receive a license fee from Cisco. Specific terms of the deal are confidential.
BlackBerry and Cisco have a long history of technical cooperation and intend to further collaborate under this agreement.
A global leader in mobile communications, BlackBerry® revolutionized the mobile industry when it was introduced in 1999. Today, BlackBerry aims to inspire the success of our millions of customers around the world by continuously pushing the boundaries of mobile experiences.
Cisco Systems, Inc. designs, manufactures, and sells Internet Protocol (IP) based networking products and services related to the communications and information technology industry worldwide. It provides switching products, counting fixed-configuration and modular switches, and storage products that provide connectivity to end users, workstations, IP phones, wireless access points, and servers; and NGN routing products that interconnect public and private wireline and mobile networks for mobile, data, voice, and video applications.
Shares of Fifth Third Bancorp (NASDAQ:FITB), inclined 0.28% to $21.69, during its last trading session, hitting its highest level, after the financial services company declared its plan to consolidate or sell about 100 branches and about 30 other purchased properties.
The bank said this initiative is intended to assist “improve efficiency, competitiveness and the quality of its customers’ experience.”
Fifth Third Bancorp anticipates this program to be accomplished by the middle of next year.
Fifth Third Bancorp operates as a diversified financial services company in the United States. It operates through four segments: Commercial Banking, Branch Banking, Consumer Lending, and Investment Advisors. The Commercial Banking segment offers credit intermediation, cash administration, and financial services; lending and depository products; and foreign exchange and international trade finance, derivatives and capital markets services, asset-based lending, real estate finance, public finance, commercial leasing, and syndicated finance for business, government, and professional customers.
Finally, Humana Inc. (NYSE:HUM), ended its last trade with -0.04% loss, and closed at $189.86.
Of the 10,000 athletes set to compete in the largest multi-sport event in the world for adults age 50 and older, Humana, will honor 13 as Humana Game Changers, recognizing their spirit of determination and commitment to lifelong well-being. Hailing from across the country, these individuals will compete in various sports, counting triathlon, basketball, tennis, track & field and volleyball, from July 3-16 in Bloomington/Minneapolis/Saint Paul, Minn., at the 2015 National Senior Games presented by Humana.
Humana Game Changer and triathlete Pat Lillehei, 71, of Minneapolis, shows a positive attitude can go a long way in encouraging a person to start competing. The recently stepped down financial adviser was bit by the competition bug in 2008 after participating in a cycling fundraiser. She competed in her first triathlon that year and eventually set the aim of participating in the National Senior Games.
Humana Inc., together with its auxiliaries, operates as a health and well-being company. The company operates through three segments: Retail, Group, and Healthcare Services. The Retail segment provides Medicare and commercial fully-insured medical and specialty health insurance benefits, counting dental, vision, and other supplemental health and financial protection products directly to individuals.
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