Several breaking news stories will affect stock prices as trading begins today. The following stocks should see some movement: Intel Corporation (NASDAQ:INTC), 3M Company (NYSE:MMM) and Alcoa Inc. (NYSE:AA).
Here is a more detailed look at the news that will affect each company as the day’s trading continues.
Intel Corporation (NASDAQ:INTC)
The mammoth of the semiconductor industry, Intel is marketing its new energy-efficient Atom processor for tablet PCs and netbook buyers. But the Atom is totally scaleable, too, according to Intel (NASDAQ:INTC), and it plans of joining with Google, Sony and other tech companies to produce smart TVs that powered by the Atom CE chip.
3M Company (NYSE:MMM)
3M (NYSE:MMM) announced its 2nd-quarter earnings conference call will take place on Thursday, July 22, 2010, at 9 a.m. ET. Investors can access the webcasts for the events on the company’s website. The company operates in many different markets and has a market cap of nearly $58 billion. Earnings for the past 12 months were $5.05 per share.
Alcoa Inc. (NYSE:AA)
Alcoa (NYSE:AA) has operated in Russia since 1993 and has invested heavily to modernize its plants there. Friday Alcoa (NYSE:AA) announced it has made a deal with state-owned Russian ship builder JSC to boost the use of aluminum in Russian shipbuilding. Alcoa shares have taken a beating the past year so this new contract may be the boost it needs.
We may see more movement as the day’s trading progresses for Intel Corporation (NASDAQ:INTC), 3M Company (NYSE:MMM) and Alcoa Inc. (NYSE:AA) in trading today.
