On Wednesday, Shares of General Motors Company (NYSE:GM), lost -3.14% to $35.16, after analysts at Goldman Sachs downgraded the car company. This was the second steepest one-day decline for the stock this year and has put it in a very vulnerable position.
General Motors Co plans to begin testing new Cisco Systems Inc technology that could allow “talking” cars to share radio communication bands with roadside Wi-Fi devices, a GM executive told U.S. lawmakers, according to Reuters.
The technology could hold out the promise of allowing Wi-Fi devices to share the same radio band as vehicle-to-vehicle (V2V) safety systems without causing interference, he said in written testimony posted to a House oversight committee website on Wednesday.
The automaker intends to deploy V2V technology in its 2017 Cadillac CTS sedans. Reuters Reports.
General Motors Company designs, builds, and sells cars, crossovers, trucks, and automobile parts worldwide. It operates through GM North America, GM Europe, GM International Operations, GM South America, and GM Financial segments.
Shares of Boston Scientific Corporation (NYSE:BSX), declined -0.06% to $17.94, during its last trading session.
Boston Scientific Corporation, has initiated a worldwide study to evaluate the rate and causes of shocks for patients implanted with the EMBLEM™ Subcutaneous Implantable Defibrillator (S-ICD) for primary prevention of sudden cardiac death in the setting of severely reduced cardiac function (left ventricular ejection fraction /= 35 percent). Primary prevention patients do not have a formerly documented life-threatening arrhythmic event, but are at risk of sudden cardiac death and thereby indicated to receive an implantable defibrillator. This group of patients represents the highest proportion of patients that are implanted with transvenous ICD (TV-ICDs) devices recently in the United States (U.S.) and European Union (EU).
In order to further demonstrate the usefulness of the S-ICD System in this particular patient population, the UNTOUCHED study will compare outcomes during an 18-month follow-up period to objective performance criteria derived from the Multicenter Automatic Defibrillator Implantation Trial-Reduce Inappropriate Therapy (MADIT-RIT) study. The landmark MADIT-RIT study evaluated shock rates in 1,500 patients implanted with TV-ICD devices and is one of the largest randomized trials to assess shock reduction strategies for TV-ICD devices.
The first patient enrolled in the global, multi-site, prospective, non-randomized study received an EMBLEM S-ICD System implant by Dr. Craig Barr, cardiologist at Russells Hall Hospital in Dudley, England. The study will enroll a minimum of 2,015 patients at up to 200 sites worldwide. Enrollments in the U.S. will start later this summer.
Boston Scientific Corporation develops, manufactures, and markets medical devices for use in various interventional medical specialties worldwide. The company operates in three segments: Cardiovascular, Rhythm Administration, and MedSurg.
Finally, NetApp, Inc. (NASDAQ:NTAP), ended its last trade with -3.97% loss, and closed at $33.18.
NetApp, expanded its all-flash storage array line with new models tailored for enterprise buyers. The All Flash FAS (AFF) 8000 series packs world-class performance and the industry’s best data administration in a single solution. It ships with NetApp® Data ONTAP® FlashEssentials innovations, which enhance flash performance and efficiency.
All-flash storage changes the way companies do business by dramatically speeding application performance and improving server efficiency. The all-flash choices accessible from other vendors recently, however, lack core enterprise capabilities such as application integration, built-in data protection, and integration with the cloud. The AFF8000 series delivers the benefits that make all-flash systems ready for broad enterprise deployment. Customers also achieve better ROI for the long term as a result of NetApp’s unique ability to seamlessly move data from flash to disk to cloud as it ages.
NetApp, Inc. provides software, systems, and services to manage and store computer data worldwide. It offers Data ONTAP storage operating system that delivers integrated data protection, comprehensive data administration, and built-in software for virtualized, shared infrastructures, cloud computing, and mixed workload business applications; E-Series storage systems for storage area network workloads (SAN).
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