Posted on 04 December 2010 by Finance Wire
AMD and Intel (NASDAQ:INTC) have announced the settlement of all antitrust and IP disputes.
Intel (NASDAQ:INTC) Offers Truce To AMD
They have announced a comprehensive agreement to end all outstanding legal disputes between Intel (NASDAQ:INTC) and AMD, including antitrust litigation and patent cross license disputes.
A joint announcement by AMD and Intel (NASDAQ:INTC) said, “While the relationship between the two companies has been difficult in the past, this agreement ends the legal disputes and enables the companies to focus all of our efforts on product innovation and development.”
Intel Corp. Stock Info
As of 12/3/2010 (Last trade – 4:00pm), the Intel Corp. (NASDAQ:intc) company shares are sitting at 21.69.
Over the past three months there has been a 18.7% change in the Intel Corp. (NASDAQ:intc) stock price.
Intel Corp. (NASDAQ:intc)
Last Price: 21.69
52 Week Low / High: 17.6 / 24.37
Market Cap: 120990000
Consensus Analyst Opinion: Moderate Buy
Zack’s Industry Rank: 1 out of 6
We will be monitoring the Intel Corp. (NASDAQ:intc) share price for developments over the next few weeks.
Posted on 04 December 2010 by Finance Wire
J.P. Morgan Chase & Co. (NYSE:JPM) has announced two major changes in its management team.
Changing Management At J.P. Morgan Chase & Co. (NYSE:JPM)
Mr. Robert Cumming has been appointed as the new vice chairman of the company, who will be responsible for directing on important client opportunities across multiple sectors and industries.
In another major change, Andrea Grandi has been named head of J.P. Morgan Chase & Co’s (NYSE:JPM) Global Corporate Bank in Italy. Under this new role, he will be reporting to Francesco Rossi Ferrini, Senior Country Officer for J.P.
JP Morgan Chase & Co. Stock Info
As of 12/3/2010 (Last trade – 4:01pm), the JP Morgan Chase & Co. (NYSE:jpm) stocks are sitting at 39.61.
Over the past three months there has been a 3.0% change in the JP Morgan Chase & Co. (NYSE:jpm) stock price.
JP Morgan Chase & Co. (NYSE:jpm)
Last Price: 39.61
52 Week Low / High: 35.16 / 48.2
Market Cap: 154840000
Consensus Analyst Opinion: Moderate Buy
Zack’s Industry Rank: 1 out of 14
We will be monitoring the JP Morgan Chase & Co. (NYSE:jpm) share price for changes over the next couple of weeks.
Posted on 04 December 2010 by Finance Wire
Bank of America Corporation (NYSE:BAC) has decided to increase loan modification staffing.
Bank of America Corporation (NYSE:BAC) Beefs Up Loan Department
By this week, 2,500 mortgage origination staffs of Bank of America Corporation (NYSE:BAC) will be reassigned to loan modification duty to give better service for borrowers, seeking help in avoiding foreclosure.
Barbara Desoer, chief of Bank of America Corporation (NYSE:BAC) mortgage said, ”We know this goes to the heart of many customer complaints that you have heard. This new “case officer” system so customers need no longer explain their situation to a different employee on every call.”
Bank of America Corp. Stock Info
As of 12/3/2010 (Last trade – 4:00pm), the Bank of America Corp. (NYSE:bac) shares are sitting at 11.86.
Over the past three months there has been a -12.1% change in the Bank of America Corp. (NYSE:bac) stock price.
Bank of America Corp. (NYSE:bac)
Last Price: 11.86
52 Week Low / High: 10.91 / 19.86
Market Cap: 119610000
Consensus Analyst Opinion: Moderate Buy
Zack’s Industry Rank: 1 out of 14
We will continue checking the Bank of America Corp. (NYSE:bac) stock price for developments over the next few weeks.
Posted on 04 December 2010 by Finance Wire
General Dynamics (NYSE:GD) has awarded a contract to Lockheed Martin UK-Ampthill for Scout Turret Development.
General Dynamics (NYSE:GD) Reconnaissance Project
Under this contract, Lockheed Martin will be providing General Dynamics (NYSE:GD) with three Scout turrets and this will comprise the bulk of the Integration and Test program of the Scout project.
Alan McCormick, vice president and managing director of Lockheed Martin U.K- Ampthill said that ““We are proud to deliver the turret to General Dynamics UK and the British Army for the Scout reconnaissance vehicle. The LM team will continue its excellent work on the development of the turret and ensure flawless execution of this vital program.”
General Dynamics Stock Info
As of 12/3/2010 (Last trade – 4:03pm), the General Dynamics (NYSE:gd) shares are sitting at 67.58.
Over the past three months there has been a 15.0% change in the General Dynamics (NYSE:gd) stock price.
General Dynamics (NYSE:gd)
Last Price: 67.58
52 Week Low / High: 55.46 / 79
Market Cap: 25530000
Consensus Analyst Opinion: Moderate Buy
Zack’s Industry Rank: 1 out of 6
We’ll be keeping a close eye on the General Dynamics (NYSE:gd) stock level for developments over the next few weeks.
Posted on 04 December 2010 by Finance Wire
McDonalds Corp. (NYSE:MCD) has planned to add fruit and maple oatmeal to its breakfast line-up.
Go To McDonalds Corp. (NYSE:MCD) For Your Oatmeal
By December 3, the world’s largest fast-food chain will be adding the oatmeal to more than its 14000 restaurants. According to Nation’s Restaurant News, the product was in test since the beginning of the year and it will be available throughout the day.
The oatmeal contains half a cup of fruit (apples, dried cranberries and regular and golden raisins) plus a 5 gram of dietary fiber. It will be offered with brown sugar, or without at $1.99.
McDonald’s Corp. Stock Info
As of 12/3/2010 (Last trade – 4:01pm), the McDonald’s Corp. (NYSE:mcd) company shares are sitting at 79.76.
Over the past three months there has been a 5.8% movement in the McDonald’s Corp. (NYSE:mcd) stock price.
McDonald’s Corp. (NYSE:mcd)
Last Price: 79.76
52 Week Low / High: 60.04 / 79.9
Market Cap: 84270000
Consensus Analyst Opinion: Moderate Buy
Zack’s Industry Rank: 2 out of 42
We will be monitoring the McDonald’s Corp. (NYSE:mcd) stock price for developments over the next couple of weeks.
