Here is another batch of news briefings which could affect stocks on world markets in trading later today.
The following companies should see some movement: 3M Company (NYSE:MMM), Philips Electronics (NYSE:PHG), BP plc (NYSE:BP).
Here is a more detailed look at the news that will affect each company when trading continues.
3M Company (NYSE:MMM)
3M Company (NYSE:MMM) has launched the new MP180 into the 3M family of pocket projectors.
It offers SVGA resolution and 32 lumens of brightness for extraordinary image quality as well as a full two-hour battery life.
This amazing product, which will be on display at the Consumer Electronics Show at Las Vegas, will be of great use to business professionals to share presentations, videos and PowerPoint slide shows.
The vice president of 3M Mobile Interactive Solutions Division, Mark Colin said that “The 3M MP180 is our brightest and best-equipped projector to date.”
Philips Electronics (NYSE:PHG)
Philips Electronics (NYSE:PHG) has announced its acquisition of the Pittsburgh-based MedSage Technologies.
MedSage is a leading provider of patient interaction and management applications and this acquisition will be providing Philips Electronics (NYSE:PHG) with a web-based solution that HME companies can use, not only to manage ongoing compliance and supply replenishment for OSA patients, but also for those with diabetes, respiratory and other conditions.
This acquisition also underlines the commitment of Philips Electronics (NYSE:PHG) to invest in its home healthcare business.
BP plc (NYSE:BP)
BP plc (NYSE:BP) has planned flaring on equipment breakdown.
The company has reported to the California State Environmental regulators that it has plans to flare the excess emissions at the oil refinery in Los Angeles area due to an unexpected breakdown of an equipment.
According to the report to the South Coast Air Quality Management District, the flaring may start at around 11 pm Thursday and could end at almost the same time on Monday.
We may see more movement when trading continues for 3M Company (NYSE:MMM), Philips Electronics (NYSE:PHG) and BP plc (NYSE:BP).
