Senior Level Appointments, Technical Updates, and Bankruptcy Filing - Research Reports on Intel, AT&T, Qualcomm, EMC and GT
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NEW YORK, October 10, 2014 /PRNewswire/ --
Today, Analysts Review released its research reports regarding Intel Corporation (NASDAQ: INTC), AT&T Inc. (NYSE: T), Qualcomm, Inc. (NASDAQ: QCOM), EMC Corporation (NYSE: EMC) and GT Advanced Technologies Inc. (NASDAQ: GTAT). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/7085-100free.
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Intel Corporation Research Reports
On September 29, 2014, Intel Corporation (Intel) announced the appointment of Christopher Young as the Company's newest Senior Vice President and General Manager of Intel Security. The Company informed that Young will join Intel's Management Committee and report to Intel President Renée James. Prior to joining Intel, Young was working with Cisco, where he was Senior Vice President of the global Security and Government Group, responsible for strategy, engineering and product development for the company's security product business. Commenting on the appointment, Renée James said, "Chris Young is a world-class leader in cybersecurity, and I have full confidence that he'll establish Intel Security as the pre-eminent provider of pervasive security and identity protection. The opportunities for innovation and growth are unparalleled." The full research reports on Intel are available to download free of charge at:
http://www.analystsreview.com/Oct-10-2014/INTC/report.pdf
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AT&T Inc. Research Reports
On October 7, 2014, AT&T Inc. (AT&T) announced the appointment of Antonio Amendola as the Executive Director of International External Affairs. The Company informed that Antonio Amendola will be based in Brussels and will represent the interests of AT&T with European government officials, the EU Institutions, key industry associations and civil society groups in the EU on important EU and international matters in the telecommunications, media, technology, and digital media industries. Prior to joining AT&T, Antonio Amendola was working with the Italian Government as Senior Advisor to the Secretary of State of Economic Development. The full research reports on AT&T are available to download free of charge at:
http://www.analystsreview.com/Oct-10-2014/T/report.pdf
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Qualcomm, Inc. Research Reports
On October 7, 2014, Qualcomm, Inc.'s (Qualcomm) stock declined 1.62% to close the trading session at $73.51, in line with the Nasdaq Composite that lost 1.56% over the same trading session. Shares in Qualcomm opened the session at $74.23 and oscillated in the range of $73.48 - $74.43, with 8.24 million shares changing hands. Over the past twelve months, the stock has surged 10.79%. The stock closed below its 50-day and 200-day moving averages of $74.92 and $76.24, respectively. The full research reports on Qualcomm are available to download free of charge at:
http://www.analystsreview.com/Oct-10-2014/QCOM/report.pdf
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EMC Corporation Research Reports
On October 1, 2014, EMC Corporation (EMC) announced the appointment of Zane Rowe as the Executive Vice President and CFO. He will report to Joe Tucci, EMC Chairman and CEO. The Company informed that Rowe will assume all internal and external financial responsibilities for EMC's consolidated business. Prior to joining EMC, Zane Rowe was working with Apple, where he served as Head of North America Sales reporting directly to Apple CEO Tim Cook. Tucci commented, "Zane brings to EMC a unique blend of extremely valuable skills and experience both as a world-class CFO in complex, multi-business environments and as a highly- accomplished corporate strategist. We look forward to having Zane as a key member of the EMC executive leadership team." The full research reports on EMC are available to download free of charge at:
http://www.analystsreview.com/Oct-10-2014/EMC/report.pdf
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GT Advanced Technologies Inc. Research Reports
On October 6, 2014, GT Advanced Technologies Inc. (GT) announced that the Company, along with certain of its direct and indirect subsidiaries, commenced voluntary cases under chapter 11 of the Bankruptcy Code in the U.S. Bankruptcy Court for the District of New Hampshire. The Company expects the court to authorize it to continue its business as usual, while it attempts to resolve its current issues and develops a reorganization plan. The Company informed that it is looking for debtor-in-possession financing, which would provide the Company with an immediate source of additional funds, apart from c.$85 million of cash on its balance sheet as of September 29, 2014. GT added that NASDAQ may temporarily halt trading in its stock pending the receipt of additional information on the Company's financial condition. Tom Gutierrez, President and CEO, GT, said, "Today's filing does not mean we are going out of business; rather, it provides us with the opportunity to continue to execute our business plan on a stronger footing, maintain operations of our diversified business, and improve our balance sheet." Following the announcement, shares of the Company plunged 92.76% to close at $0.80. The full research reports on GT are available to download free of charge at:
http://www.analystsreview.com/Oct-10-2014/GTAT/report.pdf
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