Verizon Communications Inc. (NYSE:VZ): Current price $49.24
The University of California San Diego and the Verizon Foundation on Thursday will exhibit a new therapy system created to ensure that tuberculosis patients follow their treatment regimen at the university’s main campus, the duo jointly announced. The program, Video Directly Observed Therapy, permits patients to post their daily treatments on smartphones and send them to health departments, which can oversee them remotely.
Cisco Systems Inc. (NASDAQ:CSCO): Current price $26.29
In order to assist organizations in addressing infrastructure demands while managing complex networks, Cisco’s newly formed Cloud Networking Group on Tuesday announced the Cisco Meraki MR34, which represents the first 100 percent cloud-managed 802.11ac access point. This solution, which unites the most recent Wi-Fi standard with innovations in security and management, lets businesses support more users on the network, provide highly secure access, boost wireless speeds, and easily oversee their wireless networking from the cloud, according to a press release.
General Electric Co. (NYSE:GE): Current price $24.22
A source told Bloomberg that Blackstone Group LP will acquire 80 apartment properties for around $2.7 billion, representing one of its biggest forays into the domestic multifamily market. The manager of private-equity real estate funds is buying the properties from General Electric’s GE Capital division, according to Bloomberg’s source. GE has been cutting back its property holdings as a part of a strategy to reduce the size of its finance division.
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