Tag Archive | "Market News"

Market News: Anheuser-Busch (NYSE:BUD), Cisco Systems Inc. (NASDAQ:CSCO), Comcast (NASDAQ:CMCSA)

Market News: Anheuser-Busch (NYSE:BUD), Cisco Systems Inc. (NASDAQ:CSCO), Comcast (NASDAQ:CMCSA)

Here are several more breaking news stories which could affect market stocks in trading later today.

The following companies should see some movement: Anheuser-Busch (NYSE:BUD), Cisco Systems Inc. (NASDAQ:CSCO), Comcast (NASDAQ:CMCSA).

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

Anheuser-Busch (NYSE:BUD)

Anheuser-Busch (NYSE:BUD)

Anheuser-Busch (NYSE:BUD) has donated water to Ft. Leonard Wood tornado victims.
Anheuser-Busch (NYSE:BUD) has said that it is providing 2,156 cases or more than 51,000 cans of drinking water to families affected by the New Year’s Eve tornado that hit Fort Leonard Wood.

The water is scheduled to arrive early Friday morning by Anheuser-Busch (NYSE:BUD). The homes of about 50 families were completely lost and another 110 homes were significantly damaged when a tornado ripped through the Army Post on New Year’s Eve.

We’re proud of Anheuser-Busch (NYSE:BUD) for stepping in and helping out American families in crisis.

Cisco Systems Inc. (NASDAQ:CSCO)

Cisco Systems Inc. (NASDAQ:CSCO)

Cisco Systems (NASDAQ:CSCO) has partnered with Neoteric Infomatique as a national distributor in India.
In order to sell its home networking products, Cisco Systems (NASDAQ:CSCO) has selected Neoteric Infomatique as a national distributor which will help it to create a strong interlinked network over 7500 partners in 350 cities.

It will further strengthen Cisco System’s (NASDAQ:CSCO) consumer focus in India particularly in tier 2 and tier 3 cities.

Suresh Balasubramanian, National Sales Director, Cisco Systems (NASDAQ:CSCO) Consumer Products said, “The partnership with Neoteric Infomatique is a strategic move designed to strengthen our focus on the consumer market. With their pan India network and their deep understanding of the retail channel business, we are confident that Neoteric would be a great partner in retaining our leadership in Indian WLAN market.”

Comcast (NASDAQ:CMCSA)

Comcast (NASDAQ:CMCSA)

Comcast (NASDAQ:CMCSA) has begun offering the Smithsonian Channel in the Washington, D.C. market.
The company has said that the new network will offer the Smithsonian Channel to customers throughout 2011 on channel 194. Earlier, the channel had only been available via satellite in the region, on DirecTV, Verizon and a small number on AT&T.

Paul Chiamulera, regional vice president of marketing for Comcast (NASDAQ:CMCSA) said, “Comcast (NASDAQ:CMCSA) is dedicated to offering information and entertainment options that reflect the diverse interests of our customers and we are pleased to be launching the Smithsonian Channel to our customers in Washington, D.C.”

Expect more movement when trading continues for Anheuser-Busch (NYSE:BUD), Cisco Systems Inc. (NASDAQ:CSCO) and Comcast (NASDAQ:CMCSA).

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Market News: Electronic Arts Inc. (NASDAQ:ERTS), Dick’s Sporting Goods Inc. (NYSE:DKS), Nokia Corp. (NYSE:NOK)

Market News: Electronic Arts Inc. (NASDAQ:ERTS), Dick’s Sporting Goods Inc. (NYSE:DKS), Nokia Corp. (NYSE:NOK)

Here is another batch of stock briefings which may affect stock trading as the markets continue today.

The following listed companies should see some movement: Electronic Arts Inc. (NASDAQ:ERTS), Dick’s Sporting Goods Inc. (NYSE:DKS), Nokia Corp. (NYSE:NOK).

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

Electronic Arts Inc. (NASDAQ:ERTS)

Electronic Arts Inc. (NASDAQ:ERTS)

ROCK BAND is coming to Verizon Wireless’, a division of Electronic Arts Inc. (NASDAQ:ERTS) 4G LTE Mobile Broadband Network.
Verizon Wireless; EA Mobile, a division of Electronic Arts Inc. (NASDAQ:ERTS) Harmonix Music Systems Inc., the world’s premier music video game developer; and MTV Games, has announced the new ROCK BAND game.

When playing ROCK BAND on select Verizon Wireless 4G LTE smartphones, consumers will be able to rock out with their friends like never before wherever they are hanging out.

Travis Boatman, vice president of worldwide studios for Electronic Arts Inc. (NASDAQ:ERTS) Mobile said that, “By bringing ROCK BAND to Verizon Wireless’ 4G LTE Mobile Broadband network, EA continues to innovate and change the way mobile gamers experience the popular music franchise. ROCK BAND is all about great music and having fun with your friends. With the integration of multiplayer over Verizon Wireless’ 4G LTE mobile network, you will be able to play your friends anywhere they are, anytime you want, from your favorite Verizon Wireless 4G LTE devices.”

Dick’s Sporting Goods Inc. (NYSE:DKS)

Dick's Sporting Goods Inc. (NYSE:DKS)

Dick’s Sporting Goods Inc. (NYSE:DKS) has said it will come to come to Layton Hills Mall.
CBL & Associates Properties has announced that Dick’s Sporting Goods Inc. (NYSE:DKS) will join Layton Hills Mall.

The new 46,500-square-foot sporting goods store will locate in the former Mervyns, which closed in December 2008. The new store is scheduled to open in October 2011. The store will be the second Dick’s Sporting Goods Inc. (NYSE:DKS) store in Utah, with the other location at the Gateway in Salt Lake City.

Dick’s Sporting Goods Inc. (NYSE:DKS) is an authentic full-line sporting goods retailer offering a broad assortment of brand name sporting goods equipment, apparel and footwear in a specialty store environment.

Nokia Corp. (NYSE:NOK)

Nokia Corp. (NYSE:NOK)

Nokia Corp. (NYSE:NOK) has completed the acquisition of IRIS telecom.
Nokia Corp. (NYSE:NOK) Siemens Networks, a Finland-based communications services company, has acquired IRIS Telecommunication and Engineering Services, Inc., a Turkey-based provider of engineering services to cellular operators and suppliers in Turkey.

Through this acquisition, Nokia Corp. (NYSE:NOK)Siemens Networks is expected to combine IRIS Telecom’s multi-vendor network planning and optimization (NPO) business with its global capabilities, and create one of the region’s leading telecom services players.

Nokia Corp. (NYSE:NOK) said in an statement that, “The acquisition strengthens the company’s implementation, network planning and optimization capabilities and business across Turkey, Eastern Europe and Central Asia.”

We could possibly see more movement when trading continues for Electronic Arts Inc. (NASDAQ:ERTS), Dick’s Sporting Goods Inc. (NYSE:DKS) and Nokia Corp. (NYSE:NOK).

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Market News: Raytheon (NYSE:RTN), Hartford Financial Services (NYSE:HIG), Amazon.com (NASDAQ:AMZN)

Market News: Raytheon (NYSE:RTN), Hartford Financial Services (NYSE:HIG), Amazon.com (NASDAQ:AMZN)

Here are several more stock briefings which could affect stocks in trading later today.

The following companies should see some movement: Raytheon (NYSE:RTN), Hartford Financial Services (NYSE:HIG), Amazon.com (NASDAQ:AMZN).

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

Raytheon (NYSE:RTN)

Raytheon (NYSE:RTN)

Raytheon (NYSE:RTN)’s Andover facility has been named Industry Week’s ‘Best Plant’.
Industry Week magazine has named Raytheon (NYSE: RTN) Company’s Integrated Air Defense Center in Andover, Mass., one of its “Best Plants” for 2010.

The annual competition evaluates manufacturing facilities in multiple categories, including quality, on-time delivery, worker safety and focus on continuous improvement, which will increase competitiveness and customer satisfaction.

Dan Ryan, vice president of Operations and Integrated Supply Chain at Raytheon (NYSE:RTN) Integrated Defense Systems said that, “Continuous improvement is an on-going journey for us. Our philosophy is everybody, everyday – ideas from across all areas of the operation are essential for us to continue to increase our efficiency and capacity while maintaining our quality.”

Hartford Financial Services (NYSE:HIG)

Hartford Financial Services (NYSE:HIG)

Hartford Financial Services (NYSE:HIG) has expanded homeowners coverage to ‘Canine Good Citizens’.
Hartford Financial Services (NYSE:HIG) said that it’s offering automobile and home insurance to American Kennel Club dog owners, including owners of two breeds that were once considered too dangerous to insure.

Sarah Cook, the assistant vice president of Hartford Financial Services (NYSE:HIG) said that, “The Hartford is potentially making underwriting concessions if we can demonstrate responsible dog ownership. Under our prior guidelines, they would have been automatically denied. However, when the dogs are properly trained and have demonstrated obedience, we are comfortable with opening those guidelines.”

Amazon.com (NASDAQ:AMZN)

Amazon.com (NASDAQ:AMZN)

Amazon.com (NASDAQ:AMZN) Web Services has reduced premium support fees by 50%.
Amazon.com (NASDAQ:AMZN) Web Services LLC (AWS) has announced that it has lowered usage pricing on existing Premium Support offerings by 50% and added two new support plans to meet the needs of developers and businesses of all sizes and technical ability.

Brent Jaye, the Director of Developer Support at Amazon.com (NASDAQ:AMZN) Web Services said that, “We’re committed to providing our customers access to world class technical support, and we’ve expanded our offerings to give customers of all sizes a support plan that meets their needs. AWS remains committed to offering developers the building blocks to succeed without unnecessary bundling or long term commitments.”

There will probably be more movement when trading continues for Raytheon (NYSE:RTN), Hartford Financial Services (NYSE:HIG) and Amazon.com (NASDAQ:AMZN).

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Market News: Dow Chemical (NYSE:DOW), Sears Holdings (NASDAQ:SHLD), PepsiCo (NYSE:PEP)

Market News: Dow Chemical (NYSE:DOW), Sears Holdings (NASDAQ:SHLD), PepsiCo (NYSE:PEP)

Here are some more breaking stock news briefs which could see some changes on the markets later.

The following stocks should see some movement: Dow Chemical (NYSE:DOW), Sears Holdings (NASDAQ:SHLD), PepsiCo (NYSE:PEP).

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

Dow Chemical (NYSE:DOW)

Dow Chemical (NYSE:DOW)

Aramco- Dow Chemical (NYSE:DOW) has planned to release 3 EPC packages for Jubail project.
Saudi Aramco Petrochemical’s joint venture with the American firm Dow Chemical (NYSE:DOW) at Jubail is about to release the first three engineering, procurement and construction packages to pre-qualified contractors.

The first package release is the contract to build the hydrogen, carbon monoxide and ammonia plants at the complex. The plants will be constructed on a build, own, operate and transfer basis. The complex will be constructed at Jubail Industrial City 2 in the Eastern Province of the kingdom.

A lease has been signed and the new location is about 1 kilometer away from the Saudi Aramco- Dow Chemical (NYSE:DOW) Total Refining and Petrochemical Company project.

Sears Holdings (NASDAQ:SHLD)

Sears Holdings (NASDAQ:SHLD)

Sears Holdings (NASDAQ:SHLD) and Kmart have decided to launch movie download service.
Sears Holdings (NASDAQ:SHLD) has planned to launch a new online movie download service called Alphaline Entertainment. It lets customers of Sears Holdings (NASDAQ:SHLD) and Kmart download movies the day they’re released on TV.

The offering comes with a multi-year agreement with Sonic Solutions, which involves Sonic’s RoxioNow platform to extend its reach.

Karen Austin, President of Consumer Electronics for Sears Holdings (NASDAQ:SHLD) and Kmart said that, “Collaborating with Sonic provides a great opportunity for Sears and Kmart to launch digital services for customers seeking even faster access to the latest in home entertainment experiences. We’ll continue to increase the reach and flexibility of the Alphaline Entertainment service by providing consumers on-demand access to the latest entertainment from a range of home and mobile electronics.”

PepsiCo (NYSE:PEP)

PepsiCo (NYSE:PEP)

Brisk, a product of the PepsiCo (NYSE:PEP) Lipton Tea, has launched Ozzy Osbourne to revitalize clay animation campaign.
Brisk Iced Tea, a product of a PepsiCo (NYSE:PEP) and Lipton Tea partnership, is revitalizing its legacy of animating iconic celebrities through clay puppet animation by partnering with rock icon Ozzy Osbourne and a few other A-list stars.

Mary Barnard, Vice President and General Manager of the PepsiCo (NYSE:PEP) Lipton Tea Partnership said that, “Ozzy is continuously reinventing himself. From rock star to reality TV presence to author and advice columnist, Ozzy is always creating and doing new things. People love him for that—and that’s what Brisk is celebrating in this web film.”

Expect more movement when trading continues for Dow Chemical (NYSE:DOW), Sears Holdings (NASDAQ:SHLD) and PepsiCo (NYSE:PEP).

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Market News: THQ Inc. (NASDAQ:THQI), Apple Inc. (NASDAQ:AAPL), BP plc (NYSE:BP)

Market News: THQ Inc. (NASDAQ:THQI), Apple Inc. (NASDAQ:AAPL), BP plc (NYSE:BP)

Here is another batch of stock briefings which may affect trading on world markets later today.

The following companies should see some movement: THQ Inc. (NASDAQ:THQI), Apple Inc. (NASDAQ:AAPL), BP plc (NYSE:BP).

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

THQ Inc. (NASDAQ:THQI)

THQ Inc. (NASDAQ:THQI)

THQ Inc. (NASDAQ:THQI) has launched month-long art contest to celebrate this season’s hottest video game gift.
THQ Inc. (NASDAQ:THQI) has launched a month-long contest in which uDraw game tablet users can present winter-themed artwork they created on the popular device – with a grand prize pack of favorite THQ video games for Wii™ worth $500 and also the chance to have their art used as the primary background on WorldofuDraw.com.

Martin Good, Executive Vice President of THQ’s Kids, Family and Casual Games and Global Online Services said “The response from consumers and the media to uDraw has been fantastic, we’re exploring exciting ways to engage with uDraw fans, and building an online community for them to showcase their art and share their enthusiasm.”

Apple Inc. (NASDAQ:AAPL)

Apple Inc. (NASDAQ:AAPL)

Apple Inc. (NASDAQ:AAPL) has decided to increase the iOS development staff.
Apple Inc. (NASDAQ:AAPL) is looking to hire some new employees for its iOS development team based in Silicon Valley.

Four identical job listings that were picked up by AppleInsider suggest that Apple Inc. (NASDAQ:AAPL) could be working on its own personal navigation tools to implement in future versions of iOS. The latest search for talent on Apple Inc. (NASDAQ:AAPL)’s part comes more than a year after Apple Inc. (NASDAQ:AAPL) sought candidates with similar backgrounds to take the iPhone’s maps applications “to the next level.”

In the listings, Apple Inc. (NASDAQ:AAPL) said that, “it is looking for candidates with valuable knowledge of navigation software and deep knowledge of Computational Geometry or Graph Theory.”

BP plc (NYSE:BP)

BP plc (NYSE:BP)

BP plc (NYSE:BP)’s oil on the Gulf of Mexico has drawn concern from federal officials.
According to a federal report, oil from BP plc (NYSE:BP)’s blown-out well has lodged in the sediment of the Gulf of Mexico at levels that may threaten marine life. Heavy contamination from the oil spill is limited to a few locations in the Gulf relatively close to BP plc (NYSE:BP)’s Macondo well. Chemical tests have confirmed that oil in some sediment matches oil from the BP plc (NYSE:BP)’s well.

Mike Utsler, the chief operating officer of BP plc (NYSE:BP) said that, “The scientific evidence in this report is consistent with our observations that the beaches are safe, the water is safe, and the seafood is safe.”

We may see more movement when trading continues for THQ Inc. (NASDAQ:THQI), Apple Inc. (NASDAQ:AAPL) and BP plc (NYSE:BP).

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Market News: Verizon Communications Inc. (NYSE:VZ), Yum! Brands Inc. (NYSE:YUM), IBM (NYSE:IBM)

Market News: Verizon Communications Inc. (NYSE:VZ), Yum! Brands Inc. (NYSE:YUM), IBM (NYSE:IBM)

Several breaking news stories will affect stock prices as trading continues today.

The following companies should see some movement: Verizon Communications Inc. (NYSE:VZ), Yum! Brands Inc. (NYSE:YUM), IBM (NYSE:IBM).

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

Verizon Communications Inc. (NYSE:VZ)

Verizon Communications Inc. (NYSE:VZ)

Verizon Communications (NYSE:VZ) has expanded wireless network in Tonganoxie, Kansas.
The US wireless communications service provider Verizon Communications (NYSE:VZ) has activated a new cell site in Kansas, Tonganoxie. The cell site reportedly improves the voice and data coverage in Leavenworth County. It will also boost coverage between the cities of Tonganoxie and Lawrence along Highway 24, including the town of Reno, Kan.

Verizon Communications (NYSE:VZ) has spent over $59 billion since it was formed to increase the coverage and capacity of its nationwide network and to add new services, including $75.5 million in 2010, in its Kansas network.

Yum! Brands Inc. (NYSE:YUM)

Yum! Brands Inc. (NYSE:YUM)

Yum! Brands Inc. (NYSE:YUM) has reported on sustainability goals.
Yum! Brands Inc. (NYSE:YUM)., which operates Pizza Hut, Taco Bell and KFC restaurants, has reported on its attempts to cutting down its plastic use and set up recycling projects in its new corporate social responsibility report.

The company said that “We believe we have an opportunity to provide environmentally preferable packaging to our consumers around the globe and reduce our impact on the environment. Our ability to serve food safely, quickly and conveniently is largely dependent upon our use of disposable packaging. In addition, the delivery of food and restaurant products to our restaurants is predicated by the packaging our supply partners deem is safe and convenient.”

IBM (NYSE:IBM)

IBM (NYSE:IBM)

IBM (NYSE:IBM) Research team has signed a deal with AZ for IC materials.
IBM (NYSE:IBM) has signed a deal with AZ Electronic Materials to develop alternative, next generation lithography technologies. AZ Electronic Materials will collaborate with IBM (NYSE:IBM) Research – Almaden material engineers and scientists to develop materials based on block copolymers to be used in implementing Directed Self-Assembly (DSA) processes compatible with conventional lithography, and using conventional semiconductor process equipment.

Geoff Wild, AZ’s CEO said “IBM (NYSE:IBM)’s pioneering work in this area gives the AZ-IBM initiative a strong technical basis for success in demonstrating DSA processes for future semiconductor manufacturing nodes.”

Expect more movement when trading continues for Verizon Communications Inc. (NYSE:VZ), Yum! Brands Inc. (NYSE:YUM) and IBM (NYSE:IBM).

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Market News: Citigroup Inc. (NYSE:C), Bank of America Corp. (NYSE:BAC), General Electric Co. (NYSE:GE)

Market News: Citigroup Inc. (NYSE:C), Bank of America Corp. (NYSE:BAC), General Electric Co. (NYSE:GE)

Here are some more breaking stock news briefs which could see some changes on the markets later.

The following listed companies should see some movement: Citigroup Inc. (NYSE:C), Bank of America Corp. (NYSE:BAC), General Electric Co. (NYSE:GE).

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

Citigroup Inc. (NYSE:C)

Citigroup Inc. (NYSE:C)

Citigroup Inc. (NYSE:C) and Syracuse developer have settled the loan dispute.
The dispute that delayed the development of the Carousel Center mall into Destiny USA came about because of decision taken by Citigroup Global Markets Realty (NYSE:C) in 2009 to hold back around half of a $155 million finance package they had decided to provide Destiny USA Holdings for the 1.3 million square foot expansion to the mall.

The developer sued the bank, which argued the mission was over-budget and declined to draw tenants.

The settlement deal will finance contractors who worked on the development, but won’t budge on other particulars.

Bank of America Corp. (NYSE:BAC)

Bank of America Corp. (NYSE:BAC)

Nevada Attorney General has filed suit against Bank of America Corporation (NYSE:BAC) over the loan modifications.
Nevada’s Attorney General Catherine Cortez Masto has announced that her office is suing Bank of America Corporation (NYSE:BAC) for deceiving Nevada homeowners. The lawsuit focuses on the bank’s loan modification and foreclosure practices.

Attorney General Catherine Cortez Masto said “There’s this constant egregious pattern of conduct that is so deceptive on the part of Bank of America Corporation (NYSE:BAC) and that’s what we’re talking about here, is that Bank of America needs to change its practices.”

General Electric Co. (NYSE:GE)

General Electric Co. (NYSE:GE)

General Electric (NYSE:GE) Healthcare has planned to distribute low cost infant warmers in rural India.
Global medical equipment maker General Electric (NYSE:GE) Healthcare will soon begin distributing low-cost infant warmers in rural India in partnership with social enterprise Embrace to help improve rural infant care.

GE Healthcare vice-president Mike Barber said “As we are focused on the healthy-imagination tenets of reducing cost while improving quality and access through local solutions, the partnership with Embrace offers us an opportunity to provide maternal-infant care to check infant mortality.”

Expect more movement when trading continues for Citigroup Inc. (NYSE:C), Bank of America Corp. (NYSE:BAC) and General Electric Co. (NYSE:GE).

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Market News: FedEx (NYSE:FDX), Caterpillar Inc. (NYSE:CAT), Google Inc. (NASDAQ:GOOG)

Market News: FedEx (NYSE:FDX), Caterpillar Inc. (NYSE:CAT), Google Inc. (NASDAQ:GOOG)

Here is another batch of stock briefings which may affect trading on world markets later today.

The following stocks should see some movement: FedEx (NYSE:FDX), Caterpillar Inc. (NYSE:CAT), Google Inc. (NASDAQ:GOOG).

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

FedEx (NYSE:FDX)

FedEx (NYSE:FDX)

FedEx (NYSE:FDX) has cleared the main hurdles facing its $55 million distribution center plans.
The town planning board has finally approved the global shipper’s site plan at East Greenbush on Dec. 15, on the heels of the approval by full town board. Demolition at the site will commence early next year and the company will build its distribution center there. It is expected to begin functioning by 2012.

The full town board is anticipated to approve the FedEx (NYSE: FDX) site plan during its January meeting.

Caterpillar Inc. (NYSE:CAT)

Caterpillar Inc. (NYSE:CAT)

Caterpillar (NYSE:CAT) and UAW have decided to discontinue their agreement discussion for the holidays.
Caterpillar (NYSE:CAT) and the United Auto Workers are planning to recommence talks on a contract that covers about 9,500 employees at many sites around Illinois and in three other states on Jan. 11.

Neither of the two sides have given details of the talks, and neither have granted a public discussion during the negotiations on contract.

Google Inc. (NASDAQ:GOOG)

Google Inc. (NASDAQ:GOOG)

Google Inc. (NASDAQ:GOOG) has offered about $6 billion to Groupon for merging.
Google Inc. (NASDAQ:GOOG) and Groupon have been talking regarding the acquisition over the previous few weeks and the negotiations is at climax with an offer of $5 billion to about $6 billion by the company.

Reports have said that Groupon has almost agreed to the merger with Google (NASDAQ:GOOG) and a formal announcement is not expected until Monday. Google’s (NASDAQ:GOOG) spokespersons haven’t officiated to the claims.

The acquisition will offer Google (NASDAQ:GOOG) an additional annual earning of over $500 million.

We could possibly see more movement when trading continues for FedEx (NYSE:FDX), Caterpillar Inc. (NYSE:CAT) and Google Inc. (NASDAQ:GOOG).

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Microsoft Corporation Launches Security Conference

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Chevron Corporation Could Receive Japanese Investment

Ford Motor Company Makes Youth Grant


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