On Tuesday, Shares of Liberty Global plc – Class C Ordinary Shares (NASDAQ:LBTYK), subtract -0.39% and closed at $32.87 in the last trading session. The last trading range of the stock ranges between $32.72 and $33.50. C&W Networks, a division of Cable & Wireless Communications, (C&W), one of the leading full service communications and entertainment providers in the Caribbean and Latin American region, now part of Liberty Global (LiLAC Group), recently declared that it has expanded its reach with the integration of the recently activated, state-of-the-art Point-of-Presence (POP) node at the Jacksonville, Florida Network Access Point (NAP) known as Jax NAP.
The expansion of C&W Networks’ capacity is part of its overall strategy to deliver advanced connectivity through a wide range of interconnect options to terrestrial networks and other international carriers located in the Jax NAP facility. With the unlimited carrier access the Jax NAP provides its customers, C&W Networks will further enhance its position among the top tier players across the fast-growing region of the Caribbean, Central and South American markets.
Ollie’s Bargain Outlet Holdings Inc (NASDAQ:OLLI), jumped 3.84% and closed at $27.33 in the last trading session. The last trading range of the stock ranges between $27.26 and $27.55. The company’s Market capitalization is $1.65 Billion with the total Outstanding Shares of 60.23 million. S&P Dow Jones Indices will make the following changes to the S&P MidCap 400 and S&P SmallCap 600 indices:
S&P SmallCap 600 constituent Cousins Properties Inc. (CUZ) will replace Community Health Systems, Inc. (CYH) in the S&P MidCap 400, Community Health Systems will replace Cousins Properties, and Ollie’s Bargain Outlet Holdings, Inc. (OLLI) will replace Parkway Properties Inc. (PKY) in the S&P SmallCap 600 after the close on Wednesday, October 5. Cousin Properties is acquiring Parkway Properties in a deal expected to be accomplished soon pending final conditions. Cousins Properties will have GICS change to Office REITs following the merger. Community Health Systems is ranked near the bottom of the S&P MidCap 400 and has a market capitalization more representative of the small-cap market space.
Parkway Inc (PKY) will replace VOXX International Corp (VOXX) in the S&P SmallCap 600 after the close on Friday, October 7. Newly added S&P MidCap 400 constituent Cousins Properties Inc. is spinning off Parkway Inc. in a transaction that is expected to be accomplished by Thursday, October 6 pending final conditions. Cousins Properties will remain in the S&P MidCap 400 post spin off. Voxx International is ranked near the bottom of the S&P SmallCap 600 and is no longer representative of the small-cap market space.
Kate Spade & Co (NYSE:KATE), gained 3.47% and closed at $17.87 in the last trading session. The last trading range of the stock ranges between $17.17 and $17.92. During the 52-week trading session the minimum price at which share price traded, registered at $15.10 and reached to max level of $26.46. Kate Spade & Company, together with its auxiliaries, designs and markets apparel and accessories. The company operates in three segments: KATE SPADE North America, KATE SPADE International, and Adelington Design Group. It offers briefcases, handbags, small leather goods, fashion accessories, jewelry, fragrances, and apparel for men, women, and children; and licensed products, counting footwear, swimwear, watches, children’s wear, optics, tabletop products, legwear, electronics cases, furniture, bedding, and stationery. The company markets and sells its products under the AXCESS, KATE SPADE SATURDAY, JACK SPADE, MARVELLA, KATE SPADE, MONET, kate spade new York, and TRIFARI brand names. It also designs, develops, and supplies jewelry for the LIZ CLAIBORNE and MONET brands; licenses LIZ CLAIBORNE NEW YORK and LIZWEAR brands. The company sells its products through wholly-owned specialty retail and outlet stores, specialty retail and upscale department stores, and concession stores and upscale wholesale accounts; and a network of distributors, in addition to e-commerce Websites. As of January 2, 2016, it had 104 specialty retail stores and 64 outlet stores in the United States; and 22 specialty retail stores and 13 outlet stores internationally, in addition to 54 concessions.