\u00a0<\/b>Boston, MA 02\/06\/2014 (wallstreetpr) – EMC Corporation (NYSE:EMC)<\/b>: The data theft concerns recently raised by U.S. retailers over the holiday season might come as a revenue windfall for data storage and security companies like EMC. In December last year, Target Corporation (NYSE:TGT)<\/b> revealed that hackers compromised its system and stole financial data from about 40 million customer accounts. The same data security issues were reported by Neiman Marcus Group and other retailers are still looking into their systems to see if they too suffered hacking. That being the case, it is highly likely that companies like grocers, casinos and luxury-goods stores would spend more in tightening security around their payment technology and customer financial data. Thus EMC Corporation (NYSE:EMC) and its peers stand to benefit in this mix.<\/p>\n
Wells Fargo & Co (NYSE:WFC)<\/b> previously announced plans to conduct NFC payments pilot in conjunction with Isis. That was in December 2013. During the pilot phase with Isis, WFC hoped to test and learn with customers who prefer being on the leading edge of NFC technology. Today, Isis has announced that it is offering up to 15,000 Wells Fargo credit card holders a 20 percent credit on purchases and additional $20 statement credit if they sign up and use of its NFC payment service. So then, the so-called 20\/20 promotion runs till April 30, this year. What Wells Fargo & Co (NYSE:WFC) credit cardholders have to do to enjoy this promotion is use their card at any retail location that accepts contactless payments.<\/p>\n
Cemex SAB de CV (ADR) (NYSE:CX)<\/b> is now rated \u201coverweight\u201d at Morgan Stanley (NYSE:MS). This reflects a reiteration of the rating on the stock by th agency. Analysts at Morgan Stanley also planted a price target of $14 on the stock, up from the previous $13 price objective. This new price objected suggests a potential upside of 8.95 percent on the prevailing stock price of the company. Shares of Cemex SAB de CV (ADR) (NYSE:CX) gained 2.52 percent on Wednesday to close the regular session at $12.61.<\/p>\n","protected":false},"excerpt":{"rendered":"
\u00a0Boston, MA 02\/06\/2014 (wallstreetpr) – EMC Corporation (NYSE:EMC): The data theft concerns recently raised by U.S. retailers over the holiday season might come as a […]<\/p>\n","protected":false},"author":12,"featured_media":14562,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_2902945987_2902945987":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[263],"tags":[3729,2173,3730,753,803,1012,1915,1866],"stock_ticker":[],"class_list":["post-14561","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","tag-cemex-sab-de-cv-adr-nysecx","tag-emc-corporation-nyseemc","tag-nysecx","tag-nyseemc","tag-nysetgt","tag-nysewfc","tag-target-corporation-nysetgt","tag-wells-fargo-co-nysewfc","entry"],"acf":[],"yoast_head":"\n