Shares of Frontier Communications Corp (NASDAQ:FTR) ended Thursday session in green amid volatile trading. The shares closed up +0.20 points or 4.82% at $4.33 with 44.04 million shares getting traded. Post opening the session at $4.18, the shares hit an intraday low of $4.11 and an intraday high of $4.36 and the price vacillated in this range throughout the day. The company has a market cap of $4.98 billion and the numbers of outstanding shares have been calculated to be 1.17 billion shares.
On August 29, 2016 Frontier Communications (FTR), a leading provider of commercial and residential broadband, voice, data, TV, cyber-security and networking services, announced that following a public hearing on August 25, the Town of Goshen approved Frontier’s franchise agreement to offer new video services to town residents. The Town of Goshen is the first municipality in New York state to approve a franchise for Frontier to offer video services in its community.
The franchise agreement will now be submitted to the New York Public Service Commission (NY PSC) for review. The NY PSC must issue a Certificate of Confirmation of Franchise before Frontier is authorized to provide service.
“We want to thank Town Supervisor Douglas Bloomfield and the Goshen Town Council for their leadership in establishing the Town of Goshen as the first in New York state to approve Frontier’s video franchise,” said Debbie Bogdanski, General Manager of Frontier’s New York South area. “This important step brings Frontier closer to being able to offer residents our exciting new video service as a competitively priced alternative to cable TV providers.”
Shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) ended Thursday session in green amid volatile trading. The shares closed up +0.08 points or 1.27% at $6.37 with 35.85 million shares getting traded. Post opening the session at $6.35, the shares hit an intraday low of $6.33 and an intraday high of $6.44 and the price vacillated in this range throughout the day. The company has a market cap of $5.81 billion and the numbers of outstanding shares have been calculated to be 895.00 million shares.
Advanced Micro Devices, Inc. (AMD) on September 14, 2016 announced that it has been named to the Dow Jones Sustainability Index (DJSI) North America, marking its 15th consecutive year on the index and another in a line of recognitions this year for its corporate responsibility leadership in the semiconductor industry.
“AMD has a long history of commitment and leadership in corporate responsibility, and we are honored to once again be named to the Dow Jones Sustainability Index,” said Tim Mohin, senior director of Corporate Responsibility at AMD. “This recognition reflects the hard work of thousands of AMD engineers and employees around the world. Together we have improved the energy efficiency of many of our products, implemented sustainability initiatives to reduce our footprint, and partnered with our suppliers to help improve social and environmental conditions around the world.”