News Review: AT&T Inc, Huntington Bancshares Incorporated, BP plc
2013-03-15 14:11 ET - News Release
NEW YORK, March 15, 2013 - vb-news.net, one of the leaders in providing investment alerts on U.S. stocks are announcing Investment Highlights on AT&T Inc, Huntington Bancshares Incorporated, BP plc.
AT&T Inc.(NYSE:T) has upgraded three additional mobile Internet cell sites in Grand Rapids to extend AT&T 4G LTE coverage for residents and businesses, as part of its continuing network investment and ongoing 4G LTE rollout.
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"Next-generation communications technology and partners like AT&T are helping entrepreneurs right here in West Michigan to compete across the state and across the globe," said State Representative Peter MacGregor of R-Cannon Township. "These kinds of innovations are a critical tool and the fact that they are happening in our own backyard sends an important signal that Michigan is on the comeback trail."
AT&T 4G LTE, the latest generation of wireless network technology, has several advantages like faster mobile Internet speeds that can be 10 times faster than 3G, better performance and new 4G LTE-compatible devices.
AT&T had launched 4G LTE network in Grand Rapids in September last year. The new cell site is just one part of the company’s ongoing efforts to expand coverage and to enable delivery of the most advanced mobile Internet service for Grand Rapids customers.
Jim Murray, president of AT&T Michigan said: "Our goal is for our customers to have an extraordinary experience, and they'll be able to download, upload, stream and game faster than ever before on our 4G LTE network. As part of the Grand Rapids community, we're always looking for new opportunities to provide enhanced coverage, and our investment in the local wireless network is another way we're accomplishing that."
Meanwhile, the Federal Reserve has notified Huntington Bancshares Incorporated(NASDAQ:HBAN) that it had no objection to the company’s proposed capital actions included in its capital plan submitted in January.
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A 25% increase in the dividend per common share and the potential repurchase of up to $227 million of common stock through the first quarter of 2014 are some of the proposed actions.
Meanwhile, a lawyer for the cement contractor on the Deepwater Horizon drilling project has said that the company has found cement samples possibly associated with BP plc (ADR)(NYSE:BP)’s Macondo well that weren't handed over to the Justice Department for testing.
Halliburton lawyer Donald Godwin told U.S. District Judge Carl Barbier on Thursday that the company believes that the material found this week at its lab in Lafayette, Louisiana, is in no way connected to the ongoing trial related to the Gulf of Mexico oil spill.
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But a plaintiffs' attorney claimed that the samples were cement that a Halliburton employee had used for testing of the well before a blowout triggered a deadly explosion.
Halliburton is investigating whether the material should have been turned over to the court.
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