McDonald’s Q3 Net Down 4% and 3 Dow Movers Seeing Action Now
Hewlett-Packard Company (NYSE:HPQ): Microsoft Corporation’s (NASDAQ:MSFT) Surface RT tablets should place large competitive pressure on Windows 8 tablets from firms such as Dell (NASDAQ:DELL), according to DigiTimes. Taiwan-based notebook supply chain makers report that Windows RT and Windows 8 will have an opportunity to become the third force in the tablet campaign.
Intel Corporation’s (NASDAQ:INTC) results this week this week indicated margins that were under pressure and quarterly reports on Thursday by Microsoft and Advanced Micro Devices (NYSE:AMD) emphasized how worldwide economic weakness and the transition away from PCs to handheld electronics are is squeezing sales of the former, according to Bloomberg.
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JPMorgan Chase & Co. (NYSE:JPM): The chairman of the U.S. Commodity Futures Trading Commission has been sent a letter from financial officials in the United Kingdom, France and Japan in opposition to proposed rules which would force overseas swaps dealers to register with the Commission in order to trade with any American institution or its overseas affiliates, says The Financial Times. Regulators in Hong Kong, Singapore, Australia and Japan had previously made clear their worries over being faced with two sets of overlapping and conflicting regulations in the United States and in their home countries.
McDonald’s Corporation (NYSE:MCD) reported on Friday that its third quarter net income slid almost 4 percent as the stronger dollar impacted international results while the chain faced tough competition in the United States. Typically, the company with 33,000 locations globally has thrived in good and bad times by selling cheap food and constantly updating its menu.
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