Enterprise Products Partners L.P. (NYSE:EPD) [Trend Analysis] try to make new thrust in street and making different trends, stocks trading ended with 0.47% to $27.54. Enterprise Products Partners L.P. (EPD) declared that board of directors of its general partner declared surge in the quarterly cash distribution paid to partners to $0.41 per common unit, or $1.64 per unit on an annualized basis.
The quarterly distribution will be paid on Tuesday, February 7, 2017, to unit holders of record as of the close of business on Tuesday, January 31, 2017. This distribution, which represents a 5.1 percent increase over the distribution declared with respect to the fourth quarter of 2015, is the 59th distribution increase since Enterprise’s initial public offering in 1998 and the 50th consecutive quarterly increase. The share price of EPD attracts active investors, as stock price of week’s volatility recorded 1.62%. The stock is going forward to its 52-week’s low with 44.95% and lagging behind from its 52-week’s high price with -8.51%.
Verizon Communications Inc. (NYSE:VZ) [Trend Analysis] attempts to attain leading position in street, Shares price changes as it -2.00% to close at $53.54 with the total traded volume of 3.48 Million shares. Verizon (VZ) and Cypress Semiconductor Corp. (CY) are coming together to bring robust wireless connectivity with end-to-end security to IoT developers.
The offering, which will be commercially accessible early in the second quarter of 2017, gives developers the ability to access Verizon’s ThingSpace software development kit via the Cypress Wireless Internet Connectivity for Embedded Devices (WICED) Studio 4 development platform. Developers using WICED can quickly integrate cloud connectivity with the Verizon ThingSpace platform, all in a single development environment.
Verizon’s ThingSpace is a web-based, global IoT platform that allows developers to create, onboard and manage devices and applications. ThingSpace robust analytics means developers can collect and visualize data during device lifecycle that can then be used to create services. The WICED platform supports ThingSpace APIs and the most popular cloud services worldwide, eliminating the need for developers to implement the protocols necessary to connect to those services and, as a result, reducing development time and costs. The firm has institutional ownership of 64.10%, while insider ownership included 0.01%. Its price to sales ratio ended at 1.75. VZ attains analyst recommendation of 2.60 with week’s performance of 2.25%.