IBM (NYSE:IBM) is looking to make cities "smarter" by offering all-in-one packages that include servers, data management software and all the bells and whistles needed to monitor and analyze the litany of items that city officials might want to keep tabs on to improve resource allocation. We also feature the Visa Inc.'s (NYSE:V) number of transactions process as our forecast of the day following the announcement that it will acquire Fundamo, a mobile network provider in developing economies. Finally we test your knowledge on how AT&T (NYSE:T) makes its dough by asking how much mobile phones and plans contribute to its stock value.
IBM - Company of the Day
Last week IBM (NYSE:IBM) announced an Intelligent Operations Center for Smarter Cities, a software platform aimed at providing an easy to purchase and implement package with all the necessities for city monitoring and software management. We believe this could help boost IBM's middleware business, which accounts for just under half of our $185 Trefis price estimate for IBM's stock - just about 15% above the current market price. IBM competes with firms like Oracle (NASDAQ:ORCL) and Red Hat in the middleware software market.
Visa's No. of Transactions Processed - Forecast of the Day
Visa Inc. (NYSE:V) recently announced that it has agreed to acquire Fundamo, which is a leading provider of mobile financial services for the financial institutions and mobile network provider in developing economies. According to Visa, the acquisition will help it to provide the next generation of payments solutions.
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AT&T - Quiz of the Day
What percent of AT&T's stock value comes from mobile phones and plans?