Shares of NVIDIA Corporation (NASDAQ:NVDA) ended Thursday session in green amid volatile trading. The shares closed up +0.45 points or 0.72% at $62.64 with 7.90 million shares getting traded. Post opening the session at $62.13, the shares hit an intraday low of $61.42 and an intraday high of $62.74 and the price vacillated in this range throughout the day. The company has a market cap of $33.02 billion and the numbers of outstanding shares have been calculated to be 535.00 million shares.
NVIDIA Corporation (NVDA) announced that it will present at the following event for the financial community:
Deutsche Bank Technology Conference
Tuesday, Sept. 13, 10:30 a.m. Pacific time
Encore at Wynn Las Vegas, 3131 S Las Vegas Blvd, Las Vegas
Interested parties can listen to a live audio webcast of NVIDIA’s presentations at this event, available on the NVIDIA website at www.nvidia.com/investor. A replay of the webcast will be available for 90 days afterward.
Shares of Vodafone Group Plc (ADR) (NASDAQ:VOD) ended Thursday session in red amid volatile trading. The shares closed down -0.04 points or -0.13% at $30.19 with 4.73 million shares getting traded. Post opening the session at $30.05, the shares hit an intraday low of $30.01 and an intraday high of $30.25 and the price vacillated in this range throughout the day. The company has a market cap of $78.05 billion and the numbers of outstanding shares have been calculated to be 26.56 billion shares.
On August 3, 2016 Vodafone Group Plc (VOD.L) and Liberty Global plc (NASDAQ: LBTYA, LBTYB and LBTYK) welcomed the conditional clearance by the European Commission of the two companies’ proposed merger of their operating businesses in the Netherlands to form a 50:50 joint venture.
Following its Phase I investigation, the European Commission concluded that the transaction, as modified by the commitments offered by the parties, does not raise any competition concerns.
The commitments entail a divestment of Vodafone Netherlands’ consumer fixed business, prior to closing of the proposed merger of the two companies’ Dutch operations. This represents a structural remedy offered by the parties to address any concerns regarding the overlap between the fixed telecoms and TV activities of Vodafone and Ziggo in the Netherlands. Having already received a number of expressions of interest, the parties will now proceed with the sale process.
Vodafone Netherlands’ consumer fixed business has a customer base of more than 120,000 with a high triple-play penetration rate. The divestment could potentially also include MVNO access subject to agreement on commercial terms.