Microsoft Requests Leeway in NSA Disclosures and 2 More Heavily Traded Stocks to Follow
Microsoft Corp. (NASDAQ:MSFT): Closing price $36.27
On Tuesday, Microsoft said it has written to U.S. Attorney General Eric Holder to request more freedom to disclose the manner in which the software giant processes requests from national security organizations for customer data. The appeal comes a week after The Guardian reported that the company allowed U.S. security agencies to avert encryption of Outlook emails, as well as capture Skype online chats, citing leaked documents supplied by Edward Snowden. Microsoft said there were “significant inaccuracies” in media reports last week, and stated that it does not permit any government direct or unfettered access to its customers’ emails, instant messages, or data.
Regions Financial Corp. (NYSE:RF): Closing price $9.74
Regions Insurance announced Tuesday that it has moved into South Carolina, setting up a new office in Columbia, and has hired the tenured insurance executive Frank Norris to lead the office. Norris and his team come to Regions Insurance from Frank B. Norris and Co., an insurance and risk management brokerage, whose focus includes residential home builders and trade contractors. The team also brings in expertise in property, particularly the unique requirements of East Coast and Caribbean resorts.
Frontier Communications Corp. (NASDAQ:FTR): Closing price $4.10
The provider of cloud and premises-based unified communications software solutions, Mitel Networks Corp., has recognized Frontier as its top revenue-generating partner in the United States for the company’s 2013 fiscal year ended April 30. The award was announced during a gala event during Mitel’s annual Americas Business Partner Conference in Hollywood, Florida. Having been a Mitel-authorized partner for the past 24 years, Frontier supplies Mitel with solutions for business customers throughout its markets, located in 27 states.