Several breaking news stories will affect stock prices as trading continues today.
The following stocks should see some movement: Microsoft Corp. (NASDAQ:MSFT), Tyson Foods (NYSE:TSN), JP Morgan Chase & Co. (NYSE:JPM).
Here is a more detailed look at the news that will affect each company when trading continues.
Microsoft Corp. (NASDAQ:MSFT)
Facebook and Microsoft Corporation (NASDAQ:MSFT) are strengthening their ties, in their pursuit of Google.
The software giant and the social networking giant have announced more partnerships in their attempts to fight Google’s search engine dominance. The latest announcements from Microsoft Corporation (NASDAQ:MSFT) clearly indicates that it has set out to beat the Google monopoly.
According to various tech reporters, the latest decision will allow the software giant to integrate Facebook user data into its search results, and use its Office applications in Facebook.
Tyson Foods (NYSE:TSN)
Tyson Foods (NYSE:TSN) has planned a $13 million investment in its Hope plant.
In addition, Tyson Foods (NYSE:TSN) will also offer 250 new production jobs in the processing plant. The company has estimated that the additional jobs and poultry house operations will increase local annual payrolls for Tyson Foods (NYSE:TSN)’s Hope complex to $27 million and put total grower payouts at $21 million annually.
Randy King, the complex manager of Tyson Foods (NYSE:TSN)’s Hope poultry said that, “this initiative reflects our determination to make sure our complex continues to raise and process the highest quality chicken in the most efficient way possible. We’re also pleased our reinvestment will bring new equipment, an increased payroll and additional grower opportunities to the community.”
JP Morgan Chase & Co. (NYSE:JPM)
J.P. Morgan Chase & Co. (NYSE:JPM) has been appointed to manage a real estate fund for True North Management.
J.P. Morgan Chase & Co. (NYSE:JPM) has announced that it has been appointed by True North Management Group to provide real estate fund administration services for its True North High Yield Investment.
Robert Caporale, the head of new business development of J.P. Morgan Chase & Co. (NYSE:JPM) Worldwide Securities Services said that, “Our innovative outsourced real estate and infrastructure solutions leverage our extensive expertise, powerful technology and proven processes. Recognizing the call for greater transparency in reporting, we are pleased to offer True North our market-leading service for real estate fund sponsors.”
There will probably be more movement when trading continues for Microsoft Corp. (NASDAQ:MSFT), Tyson Foods (NYSE:TSN) and JP Morgan Chase & Co. (NYSE:JPM).