Several breaking news stories will affect stock prices as trading continues today.
The following stocks should see some movement: JP Morgan Chase & Co. (NYSE:JPM), Intel Corp. (NASDAQ:INTC), Dell (NASDAQ:DELL).
Here is a more detailed look at the news that will affect each company when trading continues.
JP Morgan Chase & Co. (NYSE:JPM)
J.P. Morgan Chase & Co. (NYSE:JPM) has announced two major changes in its management team.
Mr. Robert Cumming has been appointed as the new vice chairman of the company, who will be responsible for directing on important client opportunities across multiple sectors and industries.
In another major change, Andrea Grandi has been named head of J.P. Morgan Chase & Co’s (NYSE:JPM) Global Corporate Bank in Italy. Under this new role, he will be reporting to Francesco Rossi Ferrini, Senior Country Officer for J.P. Morgan Chase & Co. (NYSE:JPM in Italy.
Intel Corp. (NASDAQ:INTC)
AMD and Intel (NASDAQ:INTC) have announced the settlement of all antitrust and IP disputes.
They have announced a comprehensive agreement to end all outstanding legal disputes between Intel (NASDAQ:INTC) and AMD, including antitrust litigation and patent cross license disputes.
A joint announcement by AMD and Intel (NASDAQ:INTC) said, “While the relationship between the two companies has been difficult in the past, this agreement ends the legal disputes and enables the companies to focus all of our efforts on product innovation and development.”
Dell (NASDAQ:DELL)
Dell (NASDAQ:DELL) has assigned Unlimited Realities to provide applications for its touch screen devices.
New Zealand based Unlimited Realities will provide its cornerstone Fingertapps application to the upcoming line up of touch screen devices from Dell (NASDAQ:DELL). This application can pinch, zoom, rotate and flick software technology to run photo, music, video and social networking applications.
Ben Wilde, marketing head of Unlimited Realities said, “Teaming up with Dell (NASDAQ:DELL) and other hardware manufacturers means the company can get scale without having to build a massive sales network.”
We could see more movement when trading continues for JP Morgan Chase & Co. (NYSE:JPM), Intel Corp. (NASDAQ:INTC) and Dell (NASDAQ:DELL).
