Microsoft and 2 Dow Movers Hitting Headlines
JPMorgan Chase & Co.’s (NYSE:JPM) chief risk officer Irvin Goldman, whose responsibility it was to oversee risk management at the division where trading blunders cost the company at least $2 billion this year, earlier lost millions while trading for the same unit, say sources to the Wall Street Journal.
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Microsoft Corporation’s (NASDAQ:MSFT) Internet Explorer has been passed by Google (NASDAQ:GOOG) Chrome as the most used browser, says TheNextWeb which cited data from Statcounter. Third to fifth places were Firefox, Safari, and Opera.
Wal-Mart Stores Inc. (NYSE:WMT): Green Dot (NYSE:GDOT) is partnering with Dollar Tree (NASDAQ:DLTR), in a new multi-year exclusive distribution agreement, in which the former intends to introduce a broad portfolio of its network-branded general purpose reloadable card and MoneyPak reload products chain-wide within Dollar Tree in the second half of this year. The move will add more than 4,300 locations to Green Dot’s national retail distribution coverage and bring the total to approximately 65,000 locations upon completion. In addition, Green Dot completed an arrangement with Walmart to continue its function as the program manager of the Walmart Visa Gift Card. This partnership, which will last over several years, requires new designs and a broader product repertoire to drive growth for the Card, which Green Dot has managed for Walmart since 2007.