Tech Companies Daily Report: mPhase Technologies, Plug Power Inc, Intel Corporation, Oracle, General Electric and Verizon
CORAL SPRINGS, Florida, March 20, 2013 /PRNewswire/ --
FinancialNewsMedia.com "Active Tech Companies to Watch" for today: mPhase Technologies, Inc. (OTCQB: XDSL), Plug Power Inc. (NASDAQ: PLUG), Intel Corporation's (NASDAQ: INTC), Oracle (NASDAQ: ORCL), General Electric Co. (NYSE: GE) and Verizon Communications, Inc's (NYSE: VZ)
Headline News: mPhase Technologies (OTCQB: XDSL) Enters Into Graphene Technology Licensing Discussions With Two Leading Universities. mPhase Technologies, Inc. announced before the markets opened for trading today it is evaluating the integration of graphene into its Smart NanoBattery Technology. The use of graphene could extend shelf life, enhance conductivity and improve the energy efficiency of electrodes. mPhase is in licensing discussions with two universities who are leaders in research and development of applications utilizing graphene. The Company seeks to leverage the promising properties of graphene to improve it's Smart NanoBattery. For more information about graphene see: http://www.youtube.com/watch?v=dTSnnlITsVg&feature=em-share_video_user
Plug Power Inc. (NASDAQ: PLUG), an alternative energy technology provider, engages in the design, development, commercialization, and manufacture of fuel cell systems for the industrial off-road markets worldwide. The company develops and sells a range of fuel cell systems comprising hydrogen-fueled Proton Exchange Membrane (PEM) systems. PLUG closed up 24% at $0.2687 per share on Tuesday (03/19/13) on over 7Million shares traded.
Intel Corporation's (NASDAQ: INTC) wholly owned subsidiary, McAfee, announced this week that May 16th will be its second annual Global Community Service Day. McAfee launched its Global Community Service Day last year in honor of the company's 25th anniversary, attracting approximately 50 percent of McAfee's global workforce and helping thousands of people in need around the world. INTC closed down at $21.14 per share on Tuesday (03/19/13) on over 21.14Million shares traded.
Oracle (NASDAQ: ORCL), announced this week the release of Oracle's PeopleSoft 9.2. PeopleSoft provides a more intuitive and productive customer experience. Over 65,000 customers worldwide rely on Oracle's complete, open and integrated enterprise applications to achieve superior results. Oracle provides a secure path for customers to benefit from the latest technology advances that improve the customer software experience and drive better business performance. ORCL closed down at $35.69 per share on Tuesday (03/19/13) on over 20.5Million shares traded.
General Electric Co. (NYSE: GE) & GE Oil & Gas, a leading supplier of equipment and services for liquefied natural gas (LNG) projects worldwide, has received a US$620 million, 22-year contractual service agreement (CSA) to provide a broad range of advanced technology services for QGC's Queensland Curtis LNG (QCLNG) plant off the east coast of Australia. GE closed up at $23.32 per share on Tuesday (03/19/13) on over 36.1Million shares traded.
Verizon Communications, Inc's (NYSE: VZ) powerful networks continue to meet the growing broadband, communications and information needs of California consumers and businesses, as the company invested more than $549 million in its California wireline networks and information technology infrastructure in 2012. "Robust and modern communications networks play an increasingly important role in the economic health of California and the people who live and work here, and Verizon's substantial infrastructure investments provide an economic engine for growth," said Margaret Serjak, president of Verizon California. VZ closed up at $48.95 per share on Tuesday (03/19/13) on over 13.7Million shares traded.
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