Procter & Gamble Co. (NYSE:PG) commented at its Annual Shareholder Meeting that high single digit to low double digit core earnings per share growth is expected.
AT&T (NYSE:T) and International Business Machines Corporation (NYSE:IBM) have reached a business agreement to provide a highly secure, first-of-its-kind “network-enabled” cloud service that uses private networks as opposed to public Internet. The firms are combining AT&T virtual private networking and IBM SmartCloud Enterprise+ cloud capabilities with breakthrough tech from AT&T Labs through which to create a new, fast and highly-secure shared cloud service. Aimed worldwide at Fortune 1000 companies, the service will be offered early next year as a powerful new option for clients who are deploying cloud solutions that require high levels of security and availability. Many firms point to security as a key inhibitor to their adoption of cloud computing.
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Exxon Mobil Corporation (NYSE:XOM): Total Oil Trading SA, the trading unit of Total (NYSE:TOT), has said in a letter to international regulators that a number of times per year, estimates of market prices on key indices do not conform to our experience of the day and “consequently deform the real price levels paid at every level of the price chain, including by the consumer,” according to The Financial Times.
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