Here is another collection of breaking news stories which may affect companies as trading continues later.
The following stocks should see some movement: Microsoft Corp. (NASDAQ:MSFT), Google Inc. (NASDAQ:GOOG), Citigroup Inc. (NYSE:C).
Here is a more detailed look at the news that will affect each company when trading continues.
Microsoft Corp. (NASDAQ:MSFT)
Microsoft Corp. (NASDAQ:MSFT) has revealed ten new Xbox 360 games at the Tokyo Game Show. Xbox 360 adds a new flavor to video games with five new games designed by the heavy-hitters in Japanese game creation.
These transformative games include five exclusive titles for Kinect for Xbox 360, the controller-free system introduced for Xbox 360 this November. Look for these games to hit stores in early 2011.
Google Inc. (NASDAQ:GOOG)
Google, Inc. (NASDAQ:GOOG) Ventures, the search giant’s venture capital arm, has hired the man behind Google (NASDAQ:GOOG) Voice to build a new start-up. The creator of Google Voice, Craig Walker, will become a sort of in-house entrepreneur for Google (NASDAQ:GOOG), through Google’s venture capital arm, Google Ventures.
So what is the venture that Walker is working on? The New York Times asked the same question, but Walker would only speak in vague terms about what it will be – so we all have to stay tuned.
Citigroup Inc. (NYSE:C)
Citigroup (NYSE:C) and other dealers in financial ‘swaps’ may soon be regulated by the CFTC. Citigroup (NYSE:C) is one of the major swaps dealers that could come under regulation by the Commodities Futures Trading Commission (CFTC), according to commission Chairman Gary Gensler.
The news was announced at a swaps industry conference in New York City on Tuesday, and could mean Citigroup (NYSE:C) will have to stay on its toes as a swaps dealer.
There will probably be more movement when trading continues for Microsoft Corp. (NASDAQ:MSFT), Google Inc. (NASDAQ:GOOG) and Citigroup Inc. (NYSE:C).