Here are more news stories which may affect stock prices as trading continues.
The following listed companies should see some movement: Microsoft Corp. (NASDAQ:MSFT), Toyota Motor Corporation (NYSE:TM), Chevron (NYSE:CVX).
Here is a more detailed look at the news that will affect each company when trading continues.
Microsoft Corp. (NASDAQ:MSFT)
Microsoft’s (NASDAQ:MSFT) big Web search project called Bing is now a year old, and despite all the marketing push for the service.
Google is still the reigning champion in terms of market share. Bing has steadily gained market share — up to 12.6 percent this summer, but Google still has 65.8 percent, according to an article from the Motley Fool listing comScore data.
Microsoft (NASDAQ:MSFT) could see a boost in market share since it recently started handling all of Yahoo’s search capabilities in the U.S. and Canada.
Toyota Motor Corporation (NYSE:TM)
Toyota Motor Corporation (NYSE:TM) said Thursday that it will recall 1.13 million compact cars, an announcement that came days after federal safety regulators cranked up their investigation into customer complaints about the cars stalling.
Models of Corolla and Matrix that were sold during the years 2005 to 2008 have been found to have some defects related to engine control modules or ECMs.
Toyota said that there are three “unconfirmed accidents alleged to be related to this condition,” one of which reportedly involved a minor injury.
General Motors also came out with a similar announcement recently.
Chevron (NYSE:CVX)
Oil and gas giant Chevron Corporation (NYSE:CVX) earned a respectable 4-star aggregate rating from the 165,000-plus investors on Motley Fool CAPS, the website’s online investing community.
One CAPS user, in reference to Chevron (NYSE:CVX) writes, “You should think of Chevron as chemical engineering power house. They will make money from rising [oil prices] and adapt to convert any carbon source they can into chemicals and fuels. … Of the oil companies, Chevron is particularly adaptive.”
We may see more movement when trading continues for Microsoft Corp. (NASDAQ:MSFT), Toyota Motor Corporation (NYSE:TM) and Chevron (NYSE:CVX).
