Move over heart surgery- Edward’s Sapien device is here!

Boston, MA 03/12/2013 (wallstreetpr) – The Sapien device manufactured by Edwards Lifesciences Corp (NYSE:EW) is as effective and safe as an open heart surgery and has the capacity to last for at least three years say researchers. This device is implanted in the heart to fix a diseased aortic valve and a catheter is used […]

Sony Chairman Stringer to step down in June – 6758 & AAPL

Boston, MA 03/11/2013 (wallstreetpr) – The chairman of SONY CORPORATION(TYO:6758), Howard Stringer, who happened to be the first non-Japanese to lead the firm, has said he will put in his papers in June 2013. Stringer, 71, will announce his formal retirement from the services of the company at the annual general meeting, he disclosed last […]

Citigroup must pass 2013 Fed stress-test – C, JPM, BAC, WFC, GS & MS

Boston, MA 03/08/2013 (wallstreetpr) – America’s third largest U.S bank Citigroup Inc (NYSE:C) has sought permission from the Federal Reserve for a share buyback of $1.2 billion without an increase in dividend. A year earlier its request had been rejected. The company said that annual incentive compensation grant-related dilution would be offset by the buyback. […]

Dell Inc. Will Be Better-Off, if Mike Dell Buys out; BOD and Advisers Opine

Boston, MA 03/07/2013 (wallstreetpr) – Dell Inc (NASDAQ: DELL) has been exploring options for buyout leading to privatization at a price that shareholders’ rejected as unfair. The company’s BOD is considering and evaluating all feasible strategic options for the company. In this regard members of a special committee consisting of independent directors of Dell Inc […]

Compuware soliciting private equity buyout – CPWR & GS

Boston, MA 03/06/2013 (wallstreetpr) – Compuware Corporation (NASDAQ:CPWR) has caught the attention of private equity funds such as Hellman & Friedman LLC and Apax Partners LLP for a buyout interest. In January, the software company had rejected a $2.3 billion worth takeover offer from Elliott Management Corp. Last week management presentations were also given to […]

Corbat Combating Citi cost-cuts by exiting countries

Boston, MA 03/06/2013 (wallstreetpr) – Desperate times call for desperate measures. The world’s third largest bank, Citigroup Inc (NYSE:C) might either pull-back or exit from its businesses in 21 countries that can be categorized as ones that are part of its least-efficient markets. Michael Corbat is making every effort to cut costs and this measure […]

Standard Chartered Cuts Incentive To Make Room For Dividends

Boston, MA 03/05/2013 (wallstreetpr) – Standard Chartered Plc (LON:STAN) is wising up on its employee bonuses and announced it wil cut bonus pool by 7% to $1.43 billion in order to make room for a shareholder return of 56.77 cents per share. The decision to cut bonuses came after the bank’s corporate lending unit suffered […]

Cyberattack postings by Goldman and Citigroup – GS, C, BAc, JPM, WFC, STI, NYT, MA, HSBA, RY, MSFT, FB & AAPL

Boston, MA 03/05/2013 (wallstreetpr) – At the behest of the U.S government, shareholders of Goldman Sachs Group, Inc (NYSE:GS) and Citigroup Inc (NYSE:C) have been warned about possible cyber attacks. All government agencies and banks have been instructed to raise the red flag. Mobile and online banking have given attackers an easy avenue to infiltrate […]

Labor hunt propels Foxconn to infiltrate inland China – AAPL, 2382, 4938, 3231, 2324, PWR & 2317

Boston, MA 03/05/2013 (wallstreetpr) – Electronic makers in China including Foxconn Technology Co., Ltd (TPE:2354) are not really saving anything on wages by opening up plants in the interiors of the country. This move is primarily being made as traditional manufacturing hubs have been facing steep labor shortages. Foxconn Technology Co., Ltd (TPE:2354) is an […]

AT&T and T-Mobile: Once to-be-allies now arch Rivals – VZ, DTE & PCS

Boston, MA 03/05/2013 (wallstreetpr) – AT&T Inc (NYSE:T) escalated its rivalry with T-mobile by targeting its network performance in newsprint ads. Ironically, there was a time when these companies were all set to forge a partnership with each other. AT&T went whole-hog and ran full-page counter-attacks in leading newspapers such as the Wall Street Journal, […]

TV’s, watch out for Apple’s iWatch – AAPL, FOSL, GOOG, MOV, SWGAY, NKE & MSFT

Boston, MA 03/05/2013 (wallstreetpr) – Apple Inc (NASDAQ:AAPL)’s Cook dropped hints that his innovative company is working on a television to spur company growth, but by the looks of it there is a possibility that the iWatch, which is a wrist-watch style computer device may prove to be a frontrunner. The global watch industry is […]

Why Investors Hesitate To Gamble In Gaming World – NTDOY, SNE & MSFT

Boston, MA 03/04/2013 (wallstreetpr) – Video games are gold mines, but what’s stopping the investors from digging? As gamers gear up, and console wars gather momentum, we’ll  find out why the best companies are shying away from investing in video game companies even when it look promising, on the outside. What goes behind? The foundation […]

From Pockets To Accesorising: The New Technology That Stalks – GOOG, AAPL & GLW

Boston, MA 03/04/2013 (wallstreetpr) – Google Inc.(NASDAQ:GOOG)’s Glass and Apple Inc.(NASDAQ:AAPL)’s iWatch-two products released by two giant companies that are supposed to leave you jaw-dropped. Why? Cause they’re on the verge of making their mark in history by inventing “wearable technology” ensuring the wearer is constantly connected, although critics claims the whole idea to be […]

Wynn Resorts facing Renewed Suit by shareholders over Macau project

Boston, MA 03/04/2013 (wallstreetpr) – Steve Wynn and other directors of Wynn Resorts Ltd (NASDAQ:WYNN) are facing the renewed shareholder lawsuit which alleges $135 million donation to Macau breached fiduciary duties and wasted company assets. This accusation by Louisiana police retirement fund is resembles the case of former Wynn director Kazuo Okada who sued a […]

Datalink To Grow Strong With Acquisitions

Boston, MA 03/04/2013 (wallstreetpr) – Datalink Corporation (NASDAQ:DTLK) has announced acquisition strategies after posting strong fourth quarter results for year ending 2012. Revenue grew by 29% to $491.2Million for the year and is said to achieve a sales figure of $567.5Million as per analyst’s estimates. Datalink Corp, provider of data storage and cloud computing services […]