Exxon SINKS 2% and 1 Dow 30 Stock to Keep an Eye On
Wal-Mart Stores Inc. (NYSE:WMT): Walmart Canada will open 47 hiring centers across the nation in support of the it’s unprecedented growth plans and the employment of new talent. Also, by January 31, 2013, the firm expects to finish a minimum of 73 projects, that include the construction of new stores and expanding, remodeling or relocating current ones. The projects include most of the 39 former Zellers stores, for which Walmart Canada acquired leasehold rights in June 2011 and which will be reopened as Walmart stores in the current fiscal year.
Exxon Mobil Corporation’s. (NYSE:XOM) affiliates and Saudi Basic Industries Corporation reported they will build a global-scale specialty elastomers facility at the Al-Jubail Petrochemical Company manufacturing joint venture, which will be joined with the existing Jubail complex and should be completed in 2015. Some 400,000 tons of rubber will be produced at the facility annually, including halobutyl, styrene butadiene, polybutadiene, and ethylene propylene diene monomer (EPDM) rubbers; plus thermoplastic specialty polymers, and carbon black which will serve local markets, the Middle East and Asia.
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