Hewlett-Packard and 2 DJIA Stocks Rallying Now
Hewlett-Packard Company’s (NYSE:HPQ) Enyo HTML 5 development project will be led by a team of around six people hired by Google (NASDAQ:GOOG), say sources to AllThingsD. Rather than making a deal with H-P to purchase the tech, Google has been consulting with individual employees over the past month.
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Microsoft Corporation (NASDAQ:MSFT) is pondering an increase to licensing fees for original equipment manufacturer versions of Windows 8, according to Taiwan-based supply chain maker sources to DigiTimes. Intel’s (NASDAQ:INTC) goal is for ultrabooks to comprise 40 percent of all consumer notebooks sold in 2012, and the company doesn’t want to lower quotes for processors that are used in the products. In addition, Intel is said to be trying to decrease the bill of materials for its second generation ultrabooks, all of which might make it hard for vendors and original design manufacturers to decrease production costs to meet that company’s goal.
General Electric Co. (NYSE:GE) subsidiary GE Capital’s Corporate Finance says it is the co-collateral agent on a $200 million asset-based credit facility for School Specialty, Inc., which supplies resources and services for pre-Kindergarten to 12th grade educators. GE Capital Markets served as co-lead arranger and joint bookrunner for the loan, which will be used for working capital and general corporate purposes to support long-term growth.
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