On Friday, Shares of Staples, Inc. (NASDAQ:SPLS), SUBTRACT -1.18% and closed at $7.56 in the last trading session. The last trading range of the stock ranges between $7.54 and $7.74. Staples (SPLS) and global superstar Katy Perry teamed up and assisted hundreds of teachers bring learning to life through the 2016 Staples for Students program, which fulfilled $1 million in classroom projects through the non-profit organization DonorsChoose.org.
In April, Staples declared a $1 million donation to DonorsChoose.org, a charity that has funded more than 800,000 classroom projects for teachers and has positively affected more than 20 million students across the country. As a result, Staples fulfilled 1,072 classroom projects across the country, providing 787 teachers in 402 schools with their classroom needs, and impacting 98,609 students.
Corning Incorporated (NYSE:GLW), jumped 0.82% and closed at $23.39 in the last trading session. The last trading range of the stock ranges between $23.37 and $23.61. The company’s Market capitalization is $24.45 Billion with the total Outstanding Shares of 1.04 billion. The Board of Directors of Corning Incorporated (GLW) recently declared a $0.135 per share ($0.54 per share on an annual basis) quarterly dividend on the company`s common stock. The dividend will be payable on December 15, 2016 to holders of record on November 17, 2016.
QUALCOMM, Inc. (NASDAQ:QCOM), REMAIN FLAT and closed at $65.70 in the last trading session. The last trading range of the stock ranges between $65.45 and $66.59. The company’s Market capitalization is $96.82 Billion with the total Outstanding Shares of 1.47 billion. During the 52-week trading session the minimum price at which share price traded, registered at $42.24 and reached to max level of $70.40. Qualcomm Incorporated (QCOM) has taken actions recently to address Meizu’s infringement of its patents in the United States, Germany and France. These actions include filing a complaint with the United States International Trade Commission (ITC), filing a patent infringement action in Germany with the Mannheim Regional Court, and initiating an infringement-seizure action in France to obtain evidence for a possible future infringement action there.
Formerly, in June 2016, Qualcomm filed multiple actions against Meizu in China related to licensing terms and patent infringement.
“Meizu’s refusal to negotiate a license agreement in good faith and its sales and distribution of infringing products around the world leave Qualcomm with no choice but to protect our patent rights through these additional legal proceedings,” said Don Rosenberg, executive vice president and general counsel, Qualcomm Incorporated.