Shares of Applied Materials, Inc. (NASDAQ:AMAT) ended Tuesday session in red amid volatile trading. The shares closed down -0.21 points or -0.71% at $29.38 with 13.01 million shares getting traded. Post opening the session at $29.29, the shares hit an intraday low of $29.08 and an intraday high of $29.62 and the price vacillated in this range throughout the day. The company has a market cap of $32.56 billion and the numbers of outstanding shares have been calculated to be 1.08 billion shares.
Applied Materials, Inc. (AMAT) announced that it will hold its 2016 Analyst Day on Wednesday, September 21 in New York. Presentations by Applied’s management team will begin at 1:30 p.m. ET (10:30 a.m. PT) and conclude at approximately 4:00 p.m. ET. Presentations will include information on Applied’s industry and business outlook, strategies, opportunities, products and financial performance.
Presenters will include Gary Dickerson, President and CEO, and Bob Halliday, CFO.
The presentations and related materials will be available via a live video webcast on the company’s investor relations website at http://www.appliedmaterials.com/company/investor-relations, and a replay will remain available for at least three months.
Shares of Nokia Corp (ADR) (NYSE:NOK) ended Tuesday session in red amid volatile trading. The shares closed down -0.08 points or -1.41% at $5.60 with 18.87 million shares getting traded. Post opening the session at $5.63, the shares hit an intraday low of $5.55 and an intraday high of $5.64 and the price vacillated in this range throughout the day. The company has a market cap of $32.02 billion and the numbers of outstanding shares have been calculated to be 5.77 billion shares.
On September 13, 2016 Nokia and Sonera, the Finnish arm of the leading Nordic operator Telia Company, have underlined the leading role they are playing in bringing next-generation communications to market with key trials at Sonera headquarters in Helsinki of both 5G mobile networking and new copper cable technologies capable of delivering data speeds of up to 10 Gbps.
The trial in August was built around a 5G-ready network using the commercially available Nokia AirScale Base Station and a core network solution. The high-speed, low-latency 5G network was used to deliver, among other things, high resolution video footage shot using OZO, Nokia’s virtual reality camera for professionals. Using the 4.5 GHz frequency, this aspect of the trial reached data throughput speeds of over 4.5 Gbps.
Sonera also tested Nokia’s XG-FAST solution, the fixed broadband technology developed by Nokia Bell Labs which allows existing copper cables to deliver high-speed fixed broadband, saving service providers having to install new cabling. XG-FAST technology can reach transmission speeds of up to 10 Gbps in a traditional copper cable and it is intended for short copper loops. XG-FAST technology is hence well-fitted, for instance, for projects related to FTTB/Fiber To The Basement. Using the XG-FAST technology makes sense when a high-speed connection is required over a large area quickly and cost-effectively, using existing copper cables.