Active Buzzers: Alcatel Lucent SA, NVIDIA Corporation, Best Buy Co
2013-03-25 15:23 ET - News Release
NEW YORK, March 25, 2013 -Bestdarnpennystocks.com, one of the leaders in providing investment alerts on U.S. stocks are announcing Investment Highlights on Alcatel Lucent SA, NVIDIA Corporation, Best Buy Co.
Alcatel Lucent SA (ADR) (NYSE:ALU) shares dropped 5.64% to $1.32 in the early hour. The company todaywill hold a live webcast press conference to unveil its vision for Software Defined Networking, during which it will announce a breakthrough SDN solution for datacenters, to be offered by the company's new venture, Nuage Networks. The press conference – part of the Alcatel-Lucent Cloud and SDN event taking place in Santa Clara, California - will be webcast live on Tuesday, April 2 at 9:15am PDT (12:15pm EDT/6:15pm CEST).
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Additionally, the company, on Mar. 21, has announced that Japan's NTT Communications Corporation (NTT Com) has chosen its advanced Edge Router systems to dramatically boost speed, performance and cost-efficiency within in its VPN enterprise services. NTT Com will introduce Alcatel-Lucent's Multi-service Edge Router, the 7750 Service Router (7750 SR) as part of business services available in Japan and worldwide.
NVIDIA Corporation (NASDAQ:NVDA) shares fell 0.32% to $12.44 in the early hour. The company on Mar. 22 said it is moving beyond traditional personal computers. Earlier last week the company unveiled a server that will allow low-end devices perform graphic-intensive tasks.
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Additionally, the company, on Mar. 19, announced that enterprises can for the first time seamlessly deliverGPU-accelerated virtual desktops and professional-graphics applications from the cloud to any device, anytime, anywhere. By using NVIDIA GRID™ technology, businesses are able to realize the benefits of virtualization -- security, manageability and flexibility -- while delivering the full PC experience that users expect.
Best Buy Co., Inc.(NYSE:BBY) founder Richard Schulze will return as Chairman Emeritus, after a period of speculation that he would try to buy the company. He had been relieved of his position in the company less than a year ago.
Schulze has also nominated ex-CEO Brad Anderson, and ex-director Al Lenzmeier , sit on the board too.Schulze who was contemplating a leveraged buyout of Best Buy scrapped his plans later.
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Schulze will now work with new CEO, Hubert Joly. “Over the past several months, I have come to know andrespect Hubert, and have a high regard for the work he and his executive team are doing to revitalize Best Buy for the benefit of all stakeholders. My dedication to the company that I founded and love is unwavering and, togetherwith Hubert and the Board, I determined that the best way to support Best Buy would be to return in support of the initiatives underway,” Schulze said.
On the other hand, Joly had this to say: ”I am delighted our Founder, Dick Schulze, is returning to the companyas its Chairman Emeritus. His passion, wisdom and insight are legendary, and I know I speak for all my colleagues when I say it was wonderful to see him come to our headquarters recently and engage with employees as he and I walked the halls.” Joly said, adding, “I look forward to his engagement as we move forward. I am also delighted to have Brad and Al join our Board and to have the company benefit from their experience and wisdom.”
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