On Monday, Shares of Windstream Holdings, Inc. (NASDAQ:WIN), added 0.72% and closed at $6.99 in the last trading session. The last trading range of the stock ranges between $6.82 and $7.04. Windstream (WIN), a leading provider of advanced network communications, declared recently that Kinetic, Windstream’s next-generation television service, is now available in 13 North Carolina communities. More than 50,000 residents across Albemarle, Badin, China Grove, Concord, Harrisburg, Hemby Bridge, Indian Trail, Kannapolis, Matthews, Mooresville, Mt. Pleasant, New London and Oakboro can now sign up for the new television service, which uses the company’s 100 percent fiber-backed network to provide an improved viewing experience.
“Our ability to offer customers new services and technologies that best meet their needs continues to be our top priority,” said Sarah Day, president of consumer and small business for Windstream. “Earlier this year we declared 1-Gig service to North Carolina residents. The launch of Kinetic marks an important next step in our continued commitment to providing North Carolina residents with access to high-quality TV and Internet experiences.”
The GEO Group Inc (NYSE:GEO), jumped 1.76% and closed at $31.14 in the last trading session. The last trading range of the stock ranges between $30.64 and $32.79. The company’s Market capitalization is $2.40 Billion with the total Outstanding Shares of 75.01 million. The GEO Group, Inc. (GEO) (“GEO”), a fully integrated equity real estate investment trust (“REIT”) and a leading provider of evidence-based offender rehabilitation and community reentry services around the globe, stated recently its financial results for the third quarter 2016.
Third Quarter 2016 Highlights
Net Income Attributable to GEO of $0.59 per Diluted Share
Net Operating Income of $145.2 million
Normalized FFO of $0.79 per Diluted Share
AFFO of $0.96 per Diluted Share
GEO stated third quarter 2016 net income attributable to GEO of $43.7 million, or $0.59 per diluted share, contrast to $38.3 million, or $0.52 per diluted share, for the third quarter 2015. GEO stated third quarter 2016 Normalized Funds From Operations (“Normalized FFO”) of $59.1 million, or $0.79 per diluted share, contrast to $54.7 million, or $0.74 per diluted share, for the third quarter 2015. GEO stated third quarter 2016 Adjusted Funds From Operations (“AFFO”) of $71.5 million, or $0.96 per diluted share, contrast to $66.3 million, or $0.90 per diluted share, for the third quarter 2015. GEO stated third quarter 2016 Net Operating Income (“NOI”) of $145.2 million contrast to $132.0 million for the third quarter 2015.