Boeing Accused of Misleading Claims and 3 Dow Movers Change Hands Today
American Express Company (NYSE:AXP) is among a group of companies who, in December 2010, blocked the processing of donations for WikiLeaks with Visa Europe (NYSE:V) and MasterCard Europe (NYSE:MA) being the others. However, the European Commission says the moves were unlikely to have violated EU anti-trust rules, according to Reuters. It is anticipated that the Commission will examine new information from DataCell, which collects donations for WikiLeaks, before it makes a final decision.
The Boeing Company (NYSE:BA) has been accused by Airbus (EADSY) of making misleading allegations regarding its planes’ performance and ridiculing its rival with an ad campaign showing a Boeing jet nose to resemble that of Pinocchio’s, says Bloomberg.
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Bank of America Corporation (NYSE:BAC) Chief Executive Officer Brian Moynihan will make a presentation at the Goldman Sachs Financial Services Conference on Tuesday, December 4th at 9:30 a.m. in New York. Further, a live audio webcast of the presentation will be available at the Bank of America Investor Relations Web site at http://investor.bankofamerica.com.
Exxon Mobil Corporation (NYSE:XOM) is among ConocoPhillips’ (NYSE:COP) several partners in Kazakhstan’s Kashagan field that have 60 days in which to decide if they want an 8.4 percent interest in the project promised to India’s Oil and Natural Gas Corp., reports Reuters. ConocoPhillips will divest its Kashagan stake to ONGC Videsh, the Indian group’s overseas investment unit, for approximately $5 billion. However, the existing partners in the project, including the state-run KazMunaiGas, Eni (EI), Inpex Corp. of Japan, Royal Dutch Shell (NYSE:RDSA) and Total (NYSE:TOT), have right of first refusal on the stake.
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