German ZEW Survey results Expected On Tuesday
TestThe German ZEW survey is due on Tuesday 16th January and is so far the most awaited news of the first two days of this week’s trading. There is a lot of optimism in play as recent stats also show
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United States Cellular Corporation (NYSE:USM)’s partner is high bidder for 124 licenses in auction 97; Sysorex Global Holdings Corp. (Nasdaq:SYRX), Canadian National Railway Company (NYSE:CNI)
By Don Bennett
United States Cellular Corporation (NYSE:USM)’s partner is high bidder for 124 licenses in auction 97. Advantage Spectrum was the high bidder for 124 licenses in the recent FCC AWS-3 spectrum auction that concluded on Jan. 29. . United States Cellular Corporation (NYSE:USM)’s wholly owned subsidiary, USCC Wireless Investment, is a limited partner in Advantage Spectrum, a Delaware limited partnership. The net license cost for the 124 licenses acquired by Advantage Spectrum amounted to $338.3M. USM traded closed at $34.79 for the day. The stock saw a change of $0.00(0.00%) with a volume of 126,654 shares. USM has a market cap of $2.93B.
Sysorex Global Holdings Corp. (Nasdaq:SYRX) appoints Wendy Loundermon interim CFO. Sysorex announced the appointment of Wendy Loundermon as its interim CFO. Loundermon replaces Will Frederick, who has resigned to pursue other interests, and management has begun the search for a permanent successor. Loundermon joined the company in 2002 and had been the CFO until October 2014. Prior to her re-appointment as CFO, Loundermon was serving as the company’s VP of Finance and continues to serve as president, CFO of its Sysorex Government Services subsidiary. SYRX traded in the green and closed for the day at $1.4999 with a change of $0.0799 or 5.63%. SYRX traded in a range of $1.4101 to $1.60 through the day. The stock’s 52 week range is $0.98 to $12.80.
Canadian National Railway Company (NYSE:CNI) plans repuchase of 1.2M shares in private agreement. Canadian National announced that it intends to purchase for cancellation up to 1.2M of its common shares pursuant to a private agreement between the company and an arm's-length third-party seller. The purchase will form part of its repurchase program for up to 28M shares announced on Oct. 21, 2014. The closing for CNI was $65.98 at the day’s end. It was a change of $1.02. CNI saw a market cap of $53.40B and its Trailing P/E was 21.25.
Sysorex Global Holdings Corp. (Nasdaq:SYRX) appoints Wendy Loundermon interim CFO. Sysorex announced the appointment of Wendy Loundermon as its interim CFO. Loundermon replaces Will Frederick, who has resigned to pursue other interests, and management has begun the search for a permanent successor. Loundermon joined the company in 2002 and had been the CFO until October 2014. Prior to her re-appointment as CFO, Loundermon was serving as the company’s VP of Finance and continues to serve as president, CFO of its Sysorex Government Services subsidiary. SYRX traded in the green and closed for the day at $1.4999 with a change of $0.0799 or 5.63%. SYRX traded in a range of $1.4101 to $1.60 through the day. The stock’s 52 week range is $0.98 to $12.80.
Canadian National Railway Company (NYSE:CNI) plans repuchase of 1.2M shares in private agreement. Canadian National announced that it intends to purchase for cancellation up to 1.2M of its common shares pursuant to a private agreement between the company and an arm's-length third-party seller. The purchase will form part of its repurchase program for up to 28M shares announced on Oct. 21, 2014. The closing for CNI was $65.98 at the day’s end. It was a change of $1.02. CNI saw a market cap of $53.40B and its Trailing P/E was 21.25.
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By Don Bennett
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