IBM Collaborates With STMicro and 3 Dow Movers Seeing Action Today

International Business Machines Corporation (NYSE:IBM): Current price $192.00

IBM, STMicroelectronics (NYSE:STM) and Shaspa have formed a collaboration through which to tap cloud and mobile computing for manufacturers and service suppliers to provide innovative ways for consumers to manage and interact with their homes’ functions and entertainment systems utilizing multiple user interfaces like voice recognition and physical gestures. The firms expect that this initiative could permit consumers to use any device that can run applications so as to manage a number of personal activities, such as viewing their home’s energy consumption, controlling security, heating and lighting systems and activating home appliances.

ibm

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Intel Corporation (NASDAQ:INTC): Current price $18.15

A senior Sharp Corp. (SHCAY) executive says that the company is not in discussion with Intel regarding an investment, but that Sharp is coming up with new methods in which to reinforce its finances, according to Reuters.

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JPMorgan Chase & Co. (NYSE:JPM): Current price $45.20

JPMorgan’s former investment bank chief, James “Jes” Staley, is joining BlueMountain Capital, according to the Wall Street Journal, which added that Staley is buying an interest in BlueMountain.

jpm

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McDonald’s Corporation (NYSE:MCD): Current price $90.33

McDonald’s has announced that its honorary Chairman of the Board and former Chief Executive Fred L. Turner has passed away from complications from pneumonia at the age of 80.

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