IBM Debuts Global Delivery System In Casablanca and 2 Other Dow Movers To Watch
International Business Machines Corp. (NYSE: IBM): Current price $194.37
IBM on Friday announced a new global delivery center in Casablanca that will create as many as four hundred information technology roles in Morocco in the next three years. Through the center, IBM will be able to deliver an array of innovative tech services to clients in Morocco and across Francophone Africa. The new center will provide IBM clients in the region with high-value application development, application maintenance, and systems integration services. It will also address the growing demand for flexible software capability that harnesses the benefits of emerging technologies like big data, cloud, and mobile.
Wal-Mart Stores Inc. (NYSE: WMT): Current price $74.93
ETF Channel has chosen Wal-Mart as a top 25 dividend giant, with $8.05-billion worth of stock held by ETFs and above-average DividendRank statistics, which include an impressive yield of 2.52 percent, according to the latest Dividend Channel DividendRank report. It noted a strong quarterly dividend history at Wal-Mart and favorable long-term multiyear growth rates in crucial fundamental data points. The annualized dividend paid by Wal-Mart is $1.88 per share, currently paid in quarterly installments: the most recent dividend ex-date is Sunday.
Boeing Co. (NYSE:BA): Current price $103.80
This week Polish airline LOT canceled two Boeing Dreamliner transatlantic flights but said the problems with the planes were not connected with the battery defects that grounded all Dreamliner jets earlier this year. LOT was first European airline to receive the Boeing 787s, and spokeswoman Barbara Pijanowska-Kuras said Friday that “A flight to Chicago was canceled on Wednesday because of problems with the power system, while another to Toronto was postponed due to issues associated with the plane’s tracking system.”