On Monday, Shares of Frontier Communications Corporation (NASDAQ:FTR), lost -2.67% to $5.84.
Frontier Communications Corporation, declared that the Federal Trade Commission has granted early termination of the required waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, with respect to Frontier s projected acquisition of Verizon s (VZ) wireline operations providing services to residential, commercial and wholesale customers in California, Florida and Texas. The definitive agreement between Frontier and Verizon was declared February 5, 2015.
The expiration of the HSR waiting period satisfies one of the conditions of the completion of the transaction, which remains subject to other customary conditions, counting the approval of the Federal Communications Commission and certain governmental authorities in the states covered. The transaction is predictable to close in the first half of 2016.
Frontier Communications Corporation, a communications company, provides regulated and unregulated voice, data, and video services to residential, business, and wholesale customers in the United States.
The company offers residential services, such as fiber-to-the-home and fiber-to-the-node broadband, video, and voice over Internet protocol products, in addition to traditional copper-based broadband products; and commercial services, counting Ethernet, dedicated Internet, multiprotocol label switching, time division multiplexing, data transport services, and optical transport services.
Shares of Kinross Gold Corporation (NYSE:KGC), inclined 2.03% to $2.51, during its last trading session.
Kinross Gold Corporation, declared the detailed voting results of the election of its Board of Directors, which took place at the Company s Annual and Special Meeting of Shareholders held in Toronto on May 6, 2015.
The nominees listed in the Administration Information Circular dated March 24, 2015 were elected as directors of Kinross at the meeting (see detailed voting results below). The Company is also happy to declare the appointments of two new directors, Ms. Ave G.
Lethbridge and Mr. Kelly J. Osborne.
The appointments bring membership on the Kinross board of directors to nine, following the decision of Mr.
John A. Keyes, Terence C.W. Reid and Ms.
Ruth G. Woods to not stand for re-election, and the resignation of Mr. Kenneth C.
Irving in February 2015.
Kinross Gold Corporation, together with its auxiliaries, engages in the acquisition, exploration, and development of gold bearing properties. It is involved in mining and processing gold and silver ores. The company s gold production and exploration activities are carried out principally in Canada, the United States, the Russian Federation, Brazil, Chile, Ghana, and Mauritania.
At the end of Monday s trade, Shares of American Express Company (NYSE:AXP), gained 0.91% to $79.70.
American Express Company, declared that Michael O.
Leavitt has been elected to its board of directors.
Governor Leavitt is the founder and chairman of Leavitt Partners where he advises clients on how navigate the health care value economy.
Governor Leavitt served as Governor of Utah from 1993-2003. He joined the Cabinet of President George W. Bush in 2003, serving in two positions: Administrator of the Environmental Protection Agency (2003-2005) and then as Secretary of Health and Human Services (2005-2009).
At HHS he administered a $750 billion budget and 67,000 employees.
American Express Company, together with its auxiliaries, provides charge and credit payment card products and travel-related services to consumers and businesses worldwide. The company operates through four segments: U.S. Card Services, International Card Services, Global Commercial Services, and Global Network & Merchant Services.
Finally, The Interpublic Group of Companies, Inc. (NYSE:IPG), ended its last trade with 0.10% gain, and closed at $21.03.
Cadreon, the digital marketing services platform of IPG Mediabrands, declared that the company has reached a partnership with TubeMogul (TUBE), a leading enterprise software platform for video advertising, to build a custom advanced TV automation platform.
The two companies will apply best-in-class technology from TubeMogul and data intelligence from Cadreon to jointly build an automation system to scale automated buying efforts in TV, creating a proprietary inventory-agnostic, demand-side platform for TV.
The software platform will integrate data from the Audience Measurement Platform (AMP), IPG Mediabrands proprietary data stack for targeting, combining brand data with set-top box data, household viewership, and purchase data. The platform will provide a more automated solution for TV buying, with a custom-designed interface to enhance the efficiencies Cadreon can deliver to IPG Mediabrands clients. The platform will be an exclusive partnership between Cadreon and TubeMogul.
The Interpublic Group of Companies, Inc.
provides advertising and marketing services. The company operates in two segments, Integrated Agency Networks and Constituency Administration Group. It offers consumer advertising, digital marketing, communications planning and media buying, public relations, and specialized communications disciplines.
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