|By PR Newswire||
|March 8, 2013 08:01 AM EST||
NEW YORK, March 8, 2013 /PRNewswire/ --
Today, Investors Alliance announced new research reports highlighting Citigroup Inc. (NYSE: C), Bank of America Corporation (NYSE: BAC), UBS AG (NYSE: UBS), TCF Financial Corporation (NYSE: TCB), and Westpac Banking Corporation (NYSE: WBK). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Citigroup Inc. Research Report
Together with Goldman Sachs, Citigroup took action regarding cyber-attack prevention by alerting shareholders, as the US has urged government agencies and banks to strengthen their defenses against such attacks. Mobile and online banking provide new entry points that can be used to either penetrate or disturb operations. In February, President Obama asked the government to develop cyber security standards to aid the companies that are running important infrastructure. Security research firms noted that there is likely to be a 30 percent increase in the companies' expenses that are related to cyber intrusions, once the cyber security standards are implemented. Meanwhile, Citigroup recently announced development of a new mobile and web-based patient payment solution, Money2 for Health, with Aetna as the charter healthcare benefits company. The payment platform enables patients to go online or use their mobile devices to reconcile their healthcare bills, receive alerts, pay amounts due, and view past payments. The platform brings together a network of insurance carriers and healthcare providers. Money2for Health is expected to launch in late 2013. The Full Research Report on Citigroup Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investors-alliance.com/r/full_research_report/6137_C]
Bank of America Corporation Research Report
Responsible debtors with good payment practices can now earn cash by paying more than the monthly minimum on time with the new BankAmericard Better Balance Rewards credit card by Bank of America. The new rewards card will reward customers for responsible management of their monthly payments. Account holders can earn $100 annually, plus additional relationship bonus. With the BankAmericard Better Balance Rewards card, customers automatically receive $25 for every quarter that they pay more than the monthly minimum due and make payments on time. The card will be available beginning this week. Bank of America will report its first quarter 2013 financial results on April 17. The Full Research Report on Bank of America Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investors-alliance.com/r/full_research_report/f37f_BAC]
UBS AG Research Report
IN February, UBS finally completed its agreed acquisition of Brazil's largest independent brokerage firm, Link Investimentos. UBS will incorporate the firm's research department, which consistently has been receiving the Top 5 ranking in Central Bank. Link Investimentos traded 217 million contracts in 2012, representing 16 percent market share. UBS reported positive 2012 financial results mainly due to cost reduction initiatives. For 2013 the company continues its cost reduction efforts, expecting restructuring charges of approximately CHF300 million in the first quarter. Considering the current and regulatory issues arising from past financial crises, UBS expects associated charges to remain at elevated levels through fiscal year 2013. The Full Research Report on UBS AG - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investors-alliance.com/r/full_research_report/57f1_UBS]
TCF Financial Corporation Research Report
In January, TCF Bank, TCF's principal subsidiary, has entered into an agreement with the Office of the Controller of the Currency (OCC), agreeing to regulatory settlement regarding the previously disclosed deficiencies in its Bank Secrecy Act compliance program. The company has agreed to payment of a civil money penalty amounting to $10 million, or six cents per common share in the fourth quarter of 2012. For the quarter, TCF's net interest margin went up 87 basis points, or 4.79 percent, with pre-tax pre-provision profit of $87.2 million, up 3.5 percent. Its over 60-day accruing delinquent loans improved by $3.2 million, increasing 3.2 percent. For the full year 2012, total loans and leases went up nine percent to $15.4 billion, and average deposits went up 10.1 percent, or $1.2 billion. The Full Research Report on TCF Financial Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investors-alliance.com/r/full_research_report/b6ac_TCB]
Westpac Banking Corporation Research Report
Australia-based Westpac Institutional Bank launched in February the Westpac Corporate Evergreen Account, which will provide corporates and institutions with unprecedented flexibility in managing working capital. Evergreen provides organizations with a choice of notice periods to suit their liquidity needs - the first of its kind in Australia. Earlier in February Westpac also cut its two year fixed rate home loan to 4.99 percent, the lowest since April 2009. The Full Research Report on Westpac Banking Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investors-alliance.com/r/full_research_report/9ffc_WBK]
Consider Investors Alliance
Tired of hearing about the latest, greatest trade opportunity... only to realize that the ship has long sailed? You need a strong, informative community in your arsenal. Join the group that has been consistently identifying momentous situations as they develop - long before they become the next top news on major financial networks.
Contact: Patricia Byers
You think you know what’s in your data. But do you? Most organizations are now aware of the business intelligence represented by their data. Data science stands to take this to a level you never thought of – literally. The techniques of data science, when used with the capabilities of Big Data technologies, can make connections you had not yet imagined, helping you discover new insights and ask new questions of your data. In his session at @ThingsExpo, Sarbjit Sarkaria, data science team lead ...
Jul. 28, 2016 04:30 PM EDT Reads: 1,171
SYS-CON Events announced today the Kubernetes and Google Container Engine Workshop, being held November 3, 2016, in conjunction with @DevOpsSummit at 19th Cloud Expo at the Santa Clara Convention Center in Santa Clara, CA. This workshop led by Sebastian Scheele introduces participants to Kubernetes and Google Container Engine (GKE). Through a combination of instructor-led presentations, demonstrations, and hands-on labs, students learn the key concepts and practices for deploying and maintainin...
Jul. 28, 2016 04:30 PM EDT Reads: 878
Security, data privacy, reliability, and regulatory compliance are critical factors when evaluating whether to move business applications from in-house, client-hosted environments to a cloud platform. Quality assurance plays a vital role in ensuring that the appropriate level of risk assessment, verification, and validation takes place to ensure business continuity during the migration to a new cloud platform.
Jul. 28, 2016 04:15 PM EDT Reads: 335
Extracting business value from Internet of Things (IoT) data doesn’t happen overnight. There are several requirements that must be satisfied, including IoT device enablement, data analysis, real-time detection of complex events and automated orchestration of actions. Unfortunately, too many companies fall short in achieving their business goals by implementing incomplete solutions or not focusing on tangible use cases. In his general session at @ThingsExpo, Dave McCarthy, Director of Products...
Jul. 28, 2016 04:15 PM EDT Reads: 1,768
Security, data privacy, reliability and regulatory compliance are critical factors when evaluating whether to move business applications from in-house client hosted environments to a cloud platform. In her session at 18th Cloud Expo, Vandana Viswanathan, Associate Director at Cognizant, In this session, will provide an orientation to the five stages required to implement a cloud hosted solution validation strategy.
Jul. 28, 2016 03:45 PM EDT Reads: 1,098
WebRTC is bringing significant change to the communications landscape that will bridge the worlds of web and telephony, making the Internet the new standard for communications. Cloud9 took the road less traveled and used WebRTC to create a downloadable enterprise-grade communications platform that is changing the communication dynamic in the financial sector. In his session at @ThingsExpo, Leo Papadopoulos, CTO of Cloud9, discussed the importance of WebRTC and how it enables companies to focus...
Jul. 28, 2016 03:45 PM EDT Reads: 1,012
Up until last year, enterprises that were looking into cloud services usually undertook a long-term pilot with one of the large cloud providers, running test and dev workloads in the cloud. With cloud’s transition to mainstream adoption in 2015, and with enterprises migrating more and more workloads into the cloud and in between public and private environments, the single-provider approach must be revisited. In his session at 18th Cloud Expo, Yoav Mor, multi-cloud solution evangelist at Cloudy...
Jul. 28, 2016 03:30 PM EDT Reads: 340
UpGuard has become a member of the Center for Internet Security (CIS), and will continue to help businesses expand visibility into their cyber risk by providing hardening benchmarks to all customers. By incorporating these benchmarks, UpGuard's CSTAR solution builds on its lead in providing the most complete assessment of both internal and external cyber risk. CIS benchmarks are a widely accepted set of hardening guidelines that have been publicly available for years. Numerous solutions exist t...
Jul. 28, 2016 03:30 PM EDT Reads: 696
A critical component of any IoT project is what to do with all the data being generated. This data needs to be captured, processed, structured, and stored in a way to facilitate different kinds of queries. Traditional data warehouse and analytical systems are mature technologies that can be used to handle certain kinds of queries, but they are not always well suited to many problems, particularly when there is a need for real-time insights.
Jul. 28, 2016 03:15 PM EDT Reads: 1,900
Verizon Communications Inc. (NYSE, Nasdaq: VZ) and Yahoo! Inc. (Nasdaq: YHOO) have entered into a definitive agreement under which Verizon will acquire Yahoo's operating business for approximately $4.83 billion in cash, subject to customary closing adjustments. Yahoo informs, connects and entertains a global audience of more than 1 billion monthly active users** -- including 600 million monthly active mobile users*** through its search, communications and digital content products. Yahoo also co...
Jul. 28, 2016 03:15 PM EDT Reads: 676
"Software-defined storage is a big problem in this industry because so many people have different definitions as they see fit to use it," stated Peter McCallum, VP of Datacenter Solutions at FalconStor Software, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Jul. 28, 2016 03:00 PM EDT Reads: 1,559
Extreme Computing is the ability to leverage highly performant infrastructure and software to accelerate Big Data, machine learning, HPC, and Enterprise applications. High IOPS Storage, low-latency networks, in-memory databases, GPUs and other parallel accelerators are being used to achieve faster results and help businesses make better decisions. In his session at 18th Cloud Expo, Michael O'Neill, Strategic Business Development at NVIDIA, focused on some of the unique ways extreme computing is...
Jul. 28, 2016 12:49 PM EDT Reads: 288
"We're bringing out a new application monitoring system to the DevOps space. It manages large enterprise applications that are distributed throughout a node in many enterprises and we manage them as one collective," explained Kevin Barnes, President of eCube Systems, in this SYS-CON.tv interview at DevOps at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Jul. 28, 2016 12:45 PM EDT Reads: 1,782
Amazon has gradually rolled out parts of its IoT offerings in the last year, but these are just the tip of the iceberg. In addition to optimizing their back-end AWS offerings, Amazon is laying the ground work to be a major force in IoT – especially in the connected home and office. Amazon is extending its reach by building on its dominant Cloud IoT platform, its Dash Button strategy, recently announced Replenishment Services, the Echo/Alexa voice recognition control platform, the 6-7 strategic...
Jul. 28, 2016 12:30 PM EDT Reads: 590
The best-practices for building IoT applications with Go Code that attendees can use to build their own IoT applications. In his session at @ThingsExpo, Indraneel Mitra, Senior Solutions Architect & Technology Evangelist at Cognizant, provided valuable information and resources for both novice and experienced developers on how to get started with IoT and Golang in a day. He also provided information on how to use Intel Arduino Kit, Go Robotics API and AWS IoT stack to build an application tha...
Jul. 28, 2016 12:00 PM EDT Reads: 1,230