3 Notable Stocks in the News – Cisco Systems, (NASDAQ:CSCO), Twenty-First Century Fox (NASDAQ:FOXA), American Airlines Group (NASDAQ:AAL) | BNinvestors

On Thursday, Shares of Cisco Systems, Inc. (NASDAQ:CSCO), gained 1.22% to $28.16. The stock attained the volume of 19.00 million shares.

Cisco (NASDAQ: CSCO) declared the inauguration of openBerlin, a Cisco® Innovation Center. The center is now fully operational in the Euref campus in Berlins Schöneberg district.

Cisco Innovation Centers are aimed at catalyzing and showcasing digital innovation and development. They bring together customers, industry partners, startups, application developers, accelerators, government organizations and universities. openBerlin is one of nine Cisco Innovation Centers worldwide, each with its own specialization. At openBerlin, the focus is on manufacturing, logistics and transportation. Cisco intends to invest close to $30 million in the new site over the coming years.

An example of this approach is the cooperation with Berlin-based company Azeti Netoperates. Working with Azeti, the teams developed and launched to market a new asset administration solution that monitors and controls distributed infrastructure such as base stations of mobile operators over the Internet.

Cisco Systems, Inc. designs, manufactures, and sells Internet Protocol (IP) based networking products and services related to the communications and information technology industry worldwide.

Shares of Twenty-First Century Fox Inc (NASDAQ:FOXA), surged 2.47% to $29.25, during its last trading session.

21st Century Fox America, declared the pricing of an issuance of $600 million of 3.700% Senior Notes due 2025 and $400 million of 4.950% Senior Notes due 2045 (together, the Notes). The Notes will be guaranteed by the Company. The closing of the offering is predictable to occur on October 21, 2015, subject to satisfaction of customary closing conditions. 21CFA will receive gross proceeds of $996,034,000 from this offering and anticipates to use the net proceeds for general corporate purposes.

The stock saw its price movement on below-normal volume, as 11.37 million shares changed hands when contrast with its average daily volume of 18.97 million shares, with a year-to-date performance of -23.06%.

Twenty-First Century Fox, Inc. operates as a diversified media and entertainment company worldwide. It operates through Cable Network Programming; Television; Filmed Entertainment; and Other, Corporate and Eliminations segments.

Finally, American Airlines Group Inc (NASDAQ:AAL), ended its last trade with 1.51% gain, and closed at $44.46.

Fort Worth-based American Airlines has apologized to a passenger for an apparently ugly episode that left travelers booing the airline’s flight crew, according to Business Journals.

Tiana Fough, 27, was boarding an American Airlines (Nasdaq: AAL) flight from Phoenix to Portland, Ore., when a flight attendant yelled at her, then another attendant kicked her off the plane for no apparent reason, according to an article in the Washington Post.

American Airlines Group Inc., through its auxiliaries, operates in the airline industry. As of December 31, 2014, the company operated 983 mainline jets, in addition to 566 regional aircrafts through regional airline auxiliaries and third-party regional carriers. It serves 339 destinations in 54 countries.


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About Travis Garlick 1791 Articles
Been writing about and trading stocks since 2013. Manage a group of micro-cap investors on Facebook with over 15,000 members. Turned $8,500 into 185k the first year I started trading stocks and haven't looked back.