Hewlett Packard Enterprise (NYSE:HPE) Selects By AT&T (T) to Provide Cloud-Based Subscriber Data Management Solutions- F.N.B. Corp. (FNB)

Shares of Hewlett Packard Enterprise Company (NYSE:HPE) [Trend Analysis] swings enthusiastically in regular trading session, it a decrease of -1.92% to close at $22.52. Mobile World Congress Hewlett Packard Enterprise (NYSE:HPE) reported that it has been selected by AT&T to provide cloud-based subscriber data management solutions. Subscriber data management (SDM) enables communications service providers (CSPs) to consolidate and manage subscriber and device data via a single, unified repository, allowing operators to simplify their network topologies and avoid data duplication and inconsistencies.

As a result, CSPs can simplify the creation of new personalized services faster and more cost-effectively by providing streamlined access to user data, as well as increase revenue opportunities per user by providing more targeted offerings.

“The progression of NFV makes it possible for core network functions like SDM to be virtualized, rapidly bringing the benefits of the telco cloud to CSPs,” said Dave Sliter, vice president and general manager, Communications Solutions Business, HPE. “AT&T’s transformation from physical hardware to HPE’s cloud-based SDM solution will provide a highly scalable, reliable and flexible standards-based architecture that supports a diverse and evolving services ecosystem to help make hybrid IT simple.” Moving forward to saw long-term intention, the experts calculate Return on Investment of 6.80%. The stock is going forward its fifty-two week low with 74.06% and lagging behind from its 52-week high price with -9.49%. HPE last month stock price volatility remained 1.86%.

F.N.B. Corporation (NYSE:FNB) [Trend Analysis] knocking active thrust in leading trading session, shares an increase of 0.51% to 15.73 with around 652125 shares have changed hands in this session. F.N.B. Corporation (FNB) reported final receipt of all required regulatory clearances for its proposed merger of Yadkin Financial Corporation (YDKN).The Board of Governors of the Federal Reserve System and the Office of the Comptroller of the Currency (OCC) have provided final clearance for the pending FNB-Yadkin merger as well as the merger of Yadkin’s bank subsidiary, Yadkin Bank, into FNB’s bank subsidiary, First National Bank of Pennsylvania. The merger is expected to be completed by March 13, 2017, and is subject to certain routine and customary closing conditions.

“We are very pleased to receive final regulatory approval which enables FNB to complete this transformational merger in line with our previously reported timeline,” said Vincent J. Delie, Jr., President and Chief Executive Officer of F.N.B. Corporation and First National Bank.”

In addition, we are excited to enter these high-growth markets with enhanced products and services, led by our exceptional North Carolina local leadership team. Both Yadkin and FNB employees have been working diligently to ensure a smooth transition for our consumers, and we are looking forward to delivering high-quality service and strong results to our shareholders, consumers and communities.” The stock is going forward its fifty-two week low with 36.98% and lagging behind from its 52-week high price with -4.26%.

Similar, the positive performance for the quarter recorded as 4.14% and for the year was 30.26%, while the YTD performance remained at -2.37%. FNB has Average True Range for 14 days of 0.28.

 

About Gerard Bergeron

Gerard Bergeron covers Bio-pharmacy or healthcare sector Press Releases news updates. He has extensive three year of experience in content writing as freelance writer. He performs analysis of Healthcare Companies and provides worthy information for investor community. He is an experienced writer with a precise grasp of the English language and a clear, compelling writing style.

Leave a Reply

Your email address will not be published. Required fields are marked *