During Wednesday’s current trade, Verizon Communications Inc. (NYSE:VZ)’s shares gained 1.01%, and is now trading at $49.22, after Verizon Wireless, operator of the nation’s largest and most reliable 4G LTE network, opened the Boston Destination Store in late March. Located at 745 Boylston Street, it is the first of its kind on the East Coast and is one of only four Verizon Destination Stores among 1,700+ corporation-operated locations nationwide.
The Boston location highlights the intersection of lifestyle and innovative wireless technology. Visitors will experience first-hand how apps, smart accessories and mobile devices come together to support their interests and aims.
Donnie Wahlberg and Jack & Jack will join Verizon Wireless at the Grand Opening of its Boston Destination Store at 745 Boylston Street on Saturday, April 11. Meet and greet passes will be randomly awarded to guests throughout the day, together with chances to enter and win passes to interact with both Mr. Wahlberg and Jack & Jack.
Verizon Communications Inc., through its auxiliaries, provides communications, information, and entertainment products and services to consumers, businesses, and governmental agencies worldwide. The corporation’s Wireless segment offers wireless voice and data services; messaging services; service that enables its customers to access the Internet on smartphones, basic phones, notebook computers, and tablets; customers and business-focused multimedia offerings; location-based services; global data services; LTE Internet, a high-speed Internet service; and network access and value added services to support telemetry-type applications.
Intel Corporation (NASDAQ:INTC)’s shares jumped 0.16% during the current trading session Wednesday, and is now trading at $31.31, after Wind River, a wholly owned partner of Intel® Corporation, declared that LSIS, a leader in electric power and automation solutions, utilized Wind River VxWorks® Cert Platform and Wind River Professional Services to accelerate the delivery of a smart train control system, and achieve Korea’s first Safety Integrity Level 4 (SIL4) certification for CBTC Communications-Based Train Control (CBTC) wayside and on-board systems.
LSIS was engaged in a national project to develop the Korean Radio-based Train Control System (KRTCS) for the unmanned remote control of trains via Long-Term Evolution (LTE) wireless communication and Wi-Fi, making it the first CBTC system in the world that uses both Wi-Fi and LTE technologies. A key part of the KRTCS project was to attain SIL4, the highest safety grade in the rail sector, marking the first such certification for CBTC wayside and on-board systems in the country.
In order to deliver a certifiable solution, LSIS needed a commercial off-the-shelf (COTS) platform for delivering applications that have to meet the international railway software standard IEC62279. The corporation also needed a technology partner with extensive experience with similar challenges to assist minimize risks and satisfy the project requirements.
LSIS selected VxWorks Cert Platform, part of the Wind River product portfolio of safe and secure operating systems, together with the corporation’s professional services. To meet the rigid safety requirements, Wind River offered support for the entire certification process in the development of a board support package (BSP), in addition to the entire development lifecycle counting plan, design, test, prototype development, verification, and validation. With a comprehensive Wind River solution, LSIS successfully delivered an advanced smart train control system with SIL4 certification.
Intel Corporation designs, manufactures, and sells integrated digital technology platforms worldwide. It operates through PC Client Group, Data Center Group, Internet of Things Group, Mobile and Communications Group, Software and Services, and All Other segments.
During an afternoon trade, SandRidge Energy, Inc. (NYSE:SD)’s shares dropped -7.69%, and is now trading at $1.92, as oil prices dropped down due to increasing U.S. crude oil stockpiles.
Oil prices fell after the U.S. Energy Information Administration announced that U.S. crude oil inventories grew by 10.9 million barrels in the week that ended on April 3. The increase is the largest one-week increase in crude oil stockpiles since 2001, according to the Wall Street Journal.
Moreover, SandRidge will release its 2015 first quarter shareholder update and financial results after the close of trading on the New York Stock Exchange on Wednesday, May 6, 2015.
The corporation will host a conference call to talk about these results on Thursday, May 7, 2015 at 8:00am CDT.
SandRidge Energy, Inc., an oil and natural gas corporation, explores for and produces oil and natural gas properties primarily in the Mid-Continent region of the United States. The corporation operates through three segments: Exploration and Production, Drilling and Oil Field Services, and Midstream Services.
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