GE Stock in the Green and 3 High Demand Dow Stocks
The Walt Disney Company (NYSE:DIS): NBCUniversal’s (NASDAQ:CMCSA) Universal Pictures is likely to do some rearranging of its top management once the London Olympics are concluded, and some sources say that Universal executive Ron Meyer might “get pushed upstairs,” according to the the New York Post. Stacey Snider, the chief at DreamWorks Pictures (backed by Disney), might be in line for the number one position.
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The General Electric Company (NYSE:GE) has purchased PRESENS, which supplies pressure, temperature and flow measurement solutions. The acquisition ramps up GE’s portfolio of sensing solutions and will become a part of the firm’s Measurement & Control business within GE Oil & Gas, and will also increase that division’s footprint in Norway.
Hewlett-Packard Company (NYSE:HPQ), along with sources at Oracle Corporation (NASDAQ:ORCL), say that a judge is expected to rule Wednesday in their legal dispute over the Itanium server chip, according to AllThingsD.
International Business Machines Corp. (NYSE:IBM) or Oracle Corporation might be potential buyers for some or all of Symantec Corporation (NASDAQ:SYMC), say Argus and Stifel Financial. The latter firm might be able to provide a 40 percent boon to investors if it splits its storage and security software divisions, according to Bloomberg, and the Royal Bank of Canada and Lazard Capital Markets opine that unraveling the $13 billion Veritas deal through a split could swell the company’s value to between $22 and $28 per share.
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