Stock Analysts

Ericsson & Scuola to Advance Research for 5G Technology

In order to accelerate its research & development activity, Ericsson ERIC collaborated with Scuola Superiore Sant'Anna in Pisa to jointly innovate integrated photonic 5G technology. Under this new alliance, Ericsson and Scuola are researching and prototyping groundbreaking photonic modules, components and subsystems to aid the development of 5G system. In particular, both the entities will focus on developing cost-effective mobile Fronthaul and Backhaul solutions in Radio Access Network (‘RAN’) as well as ultra-fast data center interconnectivity. […]

Stock Analysts

Bank of America to Sell Private Equity Fund of Funds

Bank of America Corporation BAC announced an agreement between its alternative investment business – Merrill Lynch Alternative Investments LLC ("Merrill Lynch") – and Neuberger Berman, a private, independent, employee-owned investment management firm. Under the contract, which is expected to close in August this year, Merrill Lynch will sell the management rights of some traditional non-registered and 40-Act-registered private equity fund of funds to Neuberger Berman. […]

Stock Analysts

Microsoft (MSFT) Brings Office Apps for Android Phone

Software developer Microsoft Corporation MSFT took a step closer to cross-platform dominance with the official launch of Office for Android phones. The launch comes five weeks after Microsoft released the suite of applications as a preview in May. MS Word, Excel, and PowerPoint apps have the full application status on Android and are now available for a download from the Google GOOGL Play store […]

Stock Analysts

Oracle Ups Cloud Investment, Plans Data Center in Sao Paulo

Oracle Corporation ORCL recently announced its plans to open a new datacenter in São Paulo, Brazil at its technology conference – Oracle OpenWorld Latin America 2015. This modern facility will allow regional companies to harness cloud computing to enhance their IT infrastructures and thereby boost their productivity levels. For Oracle, the new data center is a great opportunity to strengthen its foot hold in Latin America […]

Economic Data

Nike News Pushes Against China, Greece – Ahead of Wall Street

Friday, June 26, 2015 (This is Mark Vickery covering for Sheraz Mian, who is off today.) Encouraging news from Nike ( NKE ) in its quarterly report, a fall-off in Chinese markets and Greece-centric concerns about the economically beleaguered country defaulting on their deadline Monday inform investors in the pre-market. We’re seeing these pressures working toward a slightly lower opening. […]