These 3 Dow Stocks Have New Stories Investors are Watching Now
Pfizer (NYSE:PFE): Current price $27.52
Shares of the Israeli pharmaceutical firm Protalix BioTherapeutics (AMEX:PLX) have taken off, following the website Calcalist reporting that the company is in discussions to be purchased for $1 billion. Pfizer has shown interest in acquiring Protalix, but at a valuation below the amount that Protalix prefers, says the website, which adds that Protalix’s board has chosen Citigroup (NYSE:C) to manage the selling process.
AT&T (NYSE:T): Current price $35.61
The power failure at Sunday’s Super Bowl caused a record jump in mobile traffic for AT&T, says Bloomberg. From 8 p.m. to 9 p.m. , a period covering the halftime show and the power disruption during the game, customers employed 78 gigabytes of data inside the New Orleans Superdome, according to AT&T. This was almost twice the peak volume of the 2012 Super Bowl and the most at any time for an in-stadium championship game. Estimates supplied by AT&T’s online data-use calculator say that 78 gigabytes would equal roughly 234,000 social-media posts with photos or more than 10 consecutive days of streaming, high-definition video.
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Verizon Communications (NYSE:VZ): Current price $44.75
National Technical Systems (NASDAQ:NTSC) is partnering with Emerson Network Power, a unit of Emerson Electric Co. (NYSE:EMR), through which to supply a broad array of commercial testing and regulatory Electromagnetic Compatibility, and compliance services for product manufacturers. The partnership requires NTS to oversee operations at Emerson’s Network Power internal product testing laboratory in Tempe, Arizona, which will initially be open to outside product manufacturers for purposes of EMC testing services provided by NTS. In addition to the commercial testing collaboration, NTS and Emerson have achieved certification of the Emerson lab for the Verizon NEBS Testing Certification Witnessing Program, allowing the lab to test and certify equipment for usage in the Verizon telecom network. This new GR1089 capability gives direct support for approval of Emerson’s own line of telecom equipment along with that of other telecom equipment manufacturers in the region.
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