On Tuesday, Shares of Frontier Communications Corp (NASDAQ:FTR), remain flat and closed at $4.15 in the last trading session. The last trading range of the stock ranges between $4.10 and $4.19. The company’s Market capitalization is $4.78 Billion with the total Outstanding Shares of 1.17 Billion. During the 52-week trading session the minimum price at which share price traded, registered at $3.81 and reached to max level of $5.85. Hurricane Matthew’s powerful winds and torrential rains caused a wide variety of issues in South Carolina and North Carolina. Commercial power outages are widespread and high water remains a concern.
As of 8:00 a.m. recently, of the 22,000 Frontier customers influenced by the loss of commercial power, roughly 18,000 are in service using the company’s backup generator plan. In North Carolina, about 600 customers are on generator power because of the loss of commercial power.
“Matthew was a noteworthyhurricane, with winds ranging up to 105 miles per hour in South Carolina and strong winds, rain and flooding in North Carolina,” said Mike Flynn, Frontier’s Southeast region president. “I am proud of how our network and emergency response teams performed for our customers.”
Frontier’s call forwarding program for customers in South Carolina is continuing. Residential and business customers can maintain their connection to their home or business phone using the call forwarding feature – if it’s not part of their Frontier phone services, Frontier will provide those South Carolina customers the call forwarding feature free for 30 days. Customers may call 800-921-8101 to request the call forwarding service. Many customers with bundled services may already have the feature. Normally the monthly charge for variable call forwarding for residential customers is $3.55 and $6.85 for business customers.
Vipshop Holdings Ltd – ADR (NYSE:VIPS), dropped -6.19% and closed at $14.86 in the last trading session. The last trading range of the stock ranges between $14.63 and $15.67. The company’s Market capitalization is $9.09 Billion with the total Outstanding Shares of 99.46 million. During the 52-week trading session the minimum price at which share price traded, registered at $10.21 and reached to max level of $22.31. Vipshop Holdings Limited, through its auxiliaries, operates as an online discount retailer for various brands in the People’s Republic of China. It offers a range of branded products, counting women’s apparel, such as casual wear, jeans, dresses, outerwear, swimsuits, lingerie, pajamas, and maternity clothes; men’s apparel comprising casual and smart-casual T-shirts, polo shirts, jackets, pants, and underwear; women and men shoes for casual and formal occasions; and accessories consisting of belts, fashionable jewelry, watches, and glasses for women and men. The company also provides handbags, such as purses, satchels, duffel bags, and wallets; apparel, gear and accessories, furnishings and decor, toys, and games for boys, girls, infants, and toddlers of all age groups; sports apparel, and sports gear, and footwear for tennis, badminton, soccer, and swimming; and skin care and cosmetic products, counting cleansers, lotions, face and body creams, face masks, sunscreen, foundations, lipsticks, eye shadows, and nail polish. In addition, it offers home furnishing products comprising bedding and bath products, home decors, and dining and tabletop items; small household appliances; designer apparel, footwear and accessories; and snacks, health supplements, and occasion-based gifts, such as chocolates, moon-cakes, and tea. Further, the company provides consumer financing, supply chain financing, and wealth administration services.