On Friday, DISH Network Corp (NASDAQ:DISH)’s shares declined -1.28% to $59.17.
DISH Network L.L.C., a wholly-owned partner of DISH Network Corporation (DISH), issued the following statement in reaction to TEGNA Inc.’s threat to block DISH customers’ access to 51 local channels in 39 markets nationwide.
DISH and TEGNA have been making steady progress in their recent negotiations, and DISH was hopeful that a mutual agreement would be reached to renew carriage of the TEGNA local stations in due course.
“DISH has successfully negotiated agreements representing hundreds of stations in recent months that benefit all parties, counting our viewers,” said Schlichting. “We are unsure why TEGNA decided to involve customers in the contract negotiation process at a point when there is still time for the two parties to reach a mutually beneficial deal.”
DISH Network Corporation, through its auxiliaries, provides pay TV services in the United States. The company operates through two segments, DISH and Wireless. The company provides video services under the DISH brand.
Rayonier Advanced Materials Inc (NYSE:RYAM)’s shares dropped -1.96% to $6.51.
Rayonier Advanced Materials Inc. (RYAM) declared that, on Sept. 18, the Company amended its existing agreement with Nantong Cellulose Fibers Company (NCFC), its second largest customer, and extended the term of the agreement through calendar year 2019.
Pricing for the forthcoming years will be set annually, comprising with past practice and the terms of the amended agreement, and it is anticipated that annual volumes will be comparable to recent historical levels.
Rayonier Advanced Materials Inc. manufactures and sells cellulose specialty products in the United States, China, Japan, Canada, Europe, Latin America, and other Asian countries.
At the end of Friday’s trade, DaVita HealthCare Partners Inc (NYSE:DVA)‘s shares dipped -2.81% to $72.26.
DaVita HealthCare Partners (DVA), a leading global provider of kidney care services and the leading independent medical group in the U.S., declared that it has named Atul Mathur as executive vice president of global operations. Mathur has served as president of the Asia Pacific region since joining the company in 2011.
In his new role, Mathur will take on additional responsibility of leading global strategy in addition to organizational and international business development.
Mathur will report to Kogod and continue to have operational responsibility for the Asia Pacific Region.
DaVita HealthCare Partners Inc. provides kidney dialysis services for patients suffering from chronic kidney failure or end stage renal disease (ESRD). The company operates in two divisions, Kidney Care and HealthCare Partners. It operates kidney dialysis centers and provides related lab services primarily in outpatient dialysis centers and in contracted hospitals.
Wyndham Worldwide Corporation (NYSE:WYN), ended its Friday’s trading session with -0.08% loss, and closed at $73.52.
Showcasing continued demand for its growing portfolio of iconic brands, Wyndham Hotel Group recently marked a monumental new milestone, becoming the first global hospitality company to reach the 1,000 hotel mark in Greater China.
A key region of focus for more than a decade, this landmark achievement comes after years of accelerated growth and the planned roll-out of six of the company’s 15 brands throughout more than 260 cities and 30 provinces.
Complementing years of strong, steadfast interest in its economy and midscale brands, Wyndham Hotel Group is now seeing increasing demand for the upper end of its portfolio. This week alone, the company declared the opening of two new hotels under its Wyndham Hotels and Resorts® brand flag. They comprise the 227-room Wyndham Urumqi North, which is situated along China’s planned Belt and Road initiative and is the first internationally branded hotel in Wujiaqu City; in addition to the 389-room Wyndham Qingdao, which is located in Qingdao’s Chengyang economic zone and is the second Wyndham hotel to open in the city.
Wyndham Worldwide Corporation provides hospitality services and products to individual consumers and business customers worldwide. It operates three in segments: Lodging, Vacation Exchange, and Rentals, and Vacation Ownership. The Lodging segment franchises hotels in the upscale, upper midscale, midscale, economy, and extended stay segments, in addition to provides property administration services for full-service and select limited-service hotels. As of February 4, 2015, the company had about 7,440 franchised hotels and 638,300 hotel rooms.
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