Shares of Endurance International Group Hldgs Inc (NASDAQ:EIGI) ended Friday session in red amid volatile trading. The shares closed down -0.32 points or -3.70% at $8.33 with 5.00 million shares getting traded. Post opening the session at $8.65, the shares hit an intraday low of $8.23 and an intraday high of $8.66 and the price vacillated in this range throughout the day. The company has a market cap of $1.13 billion and the numbers of outstanding shares have been calculated to be 141.21 million shares.
Endurance International Group Hldgs Inc (EIGI) on Aug. 30, 2016 announced its official partnership with DonorsChoose.org, a not-for-profit organization dedicated to ensuring students in every community have the tools and experiences they need for a great education. DonorsChoose.org is a website where public school teachers post specific educational projects for their students, and donors can choose the individual projects they want to support.
To inaugurate the partnership, Endurance is providing employees worldwide with a $50 gift card to support a Back to School initiative of their choosing. Employees based internationally will fund projects via GlobalGiving, a partner organization of DonorsChoose.org. Funding projects worldwide will enable students to start the academic year properly and empower Endurance employees to champion future small business owners.
“We are incredibly proud to partner with DonorsChoose.org to help teachers start the school year with the supplies and experiences needed to help their students succeed,” said Endurance CEO and Founder, Hari Ravichandran. “As an international organization, we wanted to positively impact education in the local communities where we operate. DonorsChoose.org allows us to bring classroom dreams to life using the power of technology in a deeply personal and tangible way.”
“We so appreciate Endurance empowering employees to support future entrepreneurs across the country,” said Charles Best, Founder of DonorsChoose.org. “These donations will help thousands of teachers and students have a great start this back-to-school season, with materials they need for a successful year.”
Shares of ARRIS International plc (NASDAQ:ARRS) ended Friday session in red amid volatile trading. The shares closed down -0.05 points or -0.18% at $28.29 with 3.73 million shares getting traded. Post opening the session at $28.28, the shares hit an intraday low of $27.83 and an intraday high of $28.37 and the price vacillated in this range throughout the day. The company has a market cap of $5.38 billion and the numbers of outstanding shares have been calculated to be 190.68 million shares.
ARRIS International plc (ARRS) on Sept. 9, 2016 announced that Altice-owned Portugal Telecom selected the ARRIS VIP5662EW Ultra-HD set-top for its recently launched MEO 4K service in Portugal.
The ARRIS VIP5662EW, known as the MEOBox4k for MEO customers, is a next-generation wireless HEVC IP set-top with a sleek, stylish design. It delivers a stunning and immersive Ultra High-Definition viewing experience using the latest Wi-Fi technology, as well as time-shift and DVR capabilities. The new set-top allows MEO to subscribers access MEO’s 4K content, through on-demand content and a 4K TV app.
“We selected the ARRIS VIP5662 as the centerpiece of our new MEO 4K service, because it combines ARRIS’s leadership in set-top design with future-ready 4K technology,” said Luis Nascimento, CSO-B2C at Portugal Telecom. “Once more MEO is innovating and our ongoing collaboration with ARRIS is bringing a new era of 4K content to our MEO subscribers and making our services the center of their in-home entertainment.”
“Together with Portugal Telecom, we’re introducing the next generation of 4K experience to consumers across Portugal,” said Steve McCaffery, Managing Director of International Sales and Business Operations for ARRIS’s International Business Operations Group. “We’ve advanced our global leadership in 4K video set-tops by using our world-class supply chain to achieve the scale, flexibility, and quality to power tomorrow’s entertainment for our customers.”