On Wednesday, Shares of AT&T Inc. (NYSE:T), gained 0.12% to $33.26. The stock attained the volume of 23.68 million shares.
AT&T Inc said it does not oppose the projected merger of Charter Communications Inc and Time Warner Cable Inc, but in a letter to the U.S. Federal Communications Commission it asked for a careful review on the impact of cable deals on emerging online video products, according to Reuters.
Wireless company AT&T, which attained satellite-TV provider DirecTV in July for $48.5 billion, said in its letter on Tuesday that the $55 billion Charter-TWC deal warranted “careful scrutiny.”
The FCC should “review the transaction carefully and consider the impact of cable consolidation and coordination on emerging competition,” AT&T said.
AT&T has said it plans to roll out new TV streaming and mobile video products. Representatives at Charter and TWC could not be reached for comment. Reuters Reports
AT&T Inc. provides telecommunications services in the United States and internationally. The company operates through two segments, Wireless and Wireline. The Wireless segment offers data and voice services, counting local, long-distance, and network access services, in addition to roaming services to youth, family, professionals, small businesses, government, and business customers.
Shares of QUALCOMM, Inc. (NASDAQ:QCOM), surged 1.95% to $58.63, during its last trading session.
Qualcomm Incorporated (QCOM), through its partner, Qualcomm Connected Experiences, Inc., declared it has signed a definitive agreement to sell its Vuforia business to PTC (PTC), a global provider of technology platforms and solutions that transform how companies create, operate, and service the “things” in the Internet of Things (IoT). Under terms of the agreement, PTC will acquire the award-winning Vuforia business, counting the developer ecosystem.
Vuforia is a mobile vision platform that enables applications to see, connecting the physical world with digital experiences that demand attention, drive engagement and deliver value. Over the 5 years since its inception, Vuforia has become an industry leading platform that has been supported by a global ecosystem of developers.
The transaction is predictable to close by the end of calendar year 2015, subject to customary closing conditions.
QUALCOMM Incorporated designs, develops, manufactures, and markets digital communications products and services in China, South Korea, Taiwan, and the United States.
Finally, Starbucks Corporation (NASDAQ:SBUX), ended its last trade with -2.23% loss, and closed at $58.82.
Starbucks Corporation (SBUX) plans to release its fourth quarter and fiscal year end 2015 financial results after the market close on Thursday, October 29, 2015, with a conference call to follow at 2:00 p.m. PT. The conference call will be webcast and can be accessed on the company’s website: http://investor.starbucks.com. A replay of the webcast will be accessible on the company’s website until end of day Thursday, November 26, 2015.
Starbucks Corporation operates as a roaster, marketer, and retailer of specialty coffee worldwide. The company operates in four segments: Americas; Europe, Middle East, and Africa; China/Asia Pacific; and Channel Development.
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