Market News: Intel Corp. (NASDAQ:INTC), Kraft Foods Inc. (NYSE:KFT), Microsoft Corp. (NASDAQ:MSFT)

Categories: News, Roundups





More breaking news stories could affect stocks when trading continues later.

The following companies should see some movement: Intel Corp. (NASDAQ:INTC), Kraft Foods Inc. (NYSE:KFT), Microsoft Corp. (NASDAQ:MSFT).

Here is a more detailed look at the news that will affect each company when trading continues.

Intel Corp. (NASDAQ:INTC)

Intel Corp. (NASDAQ:INTC)

The newest from the semiconductor giant, low-end Pentium and Corei3 processors, have the fastest clock speed among consumer processors.

As per the list issued on Sunday, the new dual core Corei3 560 M and Pentium E-6800 have clock speeds of 3.33GHz.

Although both of the new processors are going to low-end PCs, the faster clock speeds of the new processors can really outperform competitors’ products or products from the same family.

Kraft Foods Inc. (NYSE:KFT)

Kraft Foods Inc. (NYSE:KFT)

As per the latest disclosure report, the $680,000 spent lobbying on food safety and other issues is less than the year ago lobbying bill of $860,000, and its first quarter amount of $870,000.

Congress, the U.S. Department of Labor, the U.S. Department of Agriculture, the U.S. Trade Representative, the Environmental Protection Agency,the Food & Drug Administration, the Federal Trade Commission and the Department of Health & Human Services have been lobbied by Kraft Foods (NYSE:KFT) during the period of April-June.

Microsoft Corp. (NASDAQ:MSFT)

Microsoft Corp. (NASDAQ:MSFT)

State Governor Bob McDonnell announced in a statement that Microsoft Corporation (NASDAQ:MSFT) will spend $499 Million on building the large data center in Mecklenburg County, Southern Virginia. He also added that around 50 people will work at the facility.

Virginia was winning the deal beating North Carolina and Texas.

The latest data center shall be one among the new ’4th generation’ centers.

We may see more movement when trading continues for Intel Corp. (NASDAQ:INTC), Kraft Foods Inc. (NYSE:KFT) and Microsoft Corp. (NASDAQ:MSFT).


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