Disney STEPS UP Security and 3 Dow Spotlight Stocks
Walt Disney Company (NYSE:DIS) has recruited Chicago’s top FBI agent, Robert D. Grant, Special Agent-in-Charge of the Chicago office of the FBI, who announced his retirement on Monday. His last day with the FBI will be Sept. 3 and he will then head to Los Angeles where he will join Disney’s Global Security Team.
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General Electric Company’s (NYSE:GE) Capital Bank Loan division is partnering with CIFC Corporation (NASDAQ:DFR) in a 5-year strategic relationship in which a commercial council comprised of senior members of both firms will be created. The council will meet regularly to aid in the exploration of business opportunities between the two companies and also will facilitate third party investment advisory referrals. Through the terms, GE Capital will receive 1 million shares of CIFC common stock, warrants to acquire 2 million shares of a newly created class of non-voting CIFC preferred stock, and $4.88 million in cash from CIFC. The transaction should close in September.
Intel Corporation’s (NASDAQ:INTC) general manager has conducted a pre-show conference in which he said that the symposium will concentrate largely upon the third-generation ultrabook which is based on Haswell. Microsoft’s (NASDAQ:MSFT) Windows 8, touchscreen control application, and ultra-long battery life will also be discussed, says Digitimes.
JPMorgan Chase & Company’s (NYSE:JPM) lawsuit which alleges that it misled thousands of homeowners throughout he United States is upheld by a federal judge who denied the firm’s request for dismissal, according to a Reuters report.
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