2013 Travelers Championship Generates $1.2 Million For Charity and 2 Other Dow Movers to Watch
The Travelers Companies (NYSE:TRV): Current price $80.43
On Friday, Travelers, which is the Official Property Casualty Insurance Provider of the PGA TOUR, said that the 2013 Travelers Championship has generated the most money for charity since the insurer became the title sponsor. The 2013 tournament will generate over $1.2 million this year, resulting from support from the local community, golf fans in the region, along with other sponsors. The Championship donates 100 percent of net proceeds to over 100 local charities throughout New England including The Hole in the Wall Gang Camp, an organization that gives a summer camp experience to children suffering from cancer and other serious illnesses.
Hewlett-Packard Co. (NYSE: HPQ): Current price $24.63
For the second time this week, HP has booked a major, multimillion-dollar contract with the United States military. On Monday, the company won a $600-million information tech contract from the United States Marine Corps, for it to continue upgrades on that service’s Intranet. Then on Thursday, the Department of Defense awarded Hewlett’s Enterprise Services unit a separate, but connected, $321.7-million contract for work on the Next Generation Enterprise Network. Under the second contract, Hewlett’s part will be to transition NMCI into NGEN, a project now valued at $3.45 billion in the aggregate, including Thursday’s award, and optional extensions.
AT&T (NYSE:T): Current price $35.56
AT&T announces that it is bringing over 100 new jobs to Oklahoma, at a new location that will serve small- and medium-size business customers. The telecom said that it has already recruited 25 project managers for the new office in Oklahoma City. Officials report that AT&T will draw on several state incentives, including the Oklahoma Quality Jobs Program, the Training for Industry Program, and the Greater Oklahoma City Chamber’s Strategic Investment Program.