Microsoft Completes Hotmail Upgrade and 2 Other Dow Movers to Watch
Microsoft Corporation (NASDAQ: MSFT): Current price $33.40
Microsoft says that it has concluded the planned upgrade of its Hotmail email service, as it switches to its new Outlook.com email platform. During the past six weeks, the company has migrated 150 petabytes of data to the new service, and now, all told, it now has 400 million active accounts using Outlook.com. Additionally, Microsoft is adding some new features to Outlook.com, among which include deeper integration with its SkyDrive cloud storage service, which should make it easier to send large attachments, among with added conveniences.
Johnson & Johnson (NYSE:JNJ): Current price $85.68
Janssen R&D Ireland and Johnson & Johnson supplied a pre-recorded webcast for investors and other interested parties on Friday, at approximately 8:30 a.m., Eastern Time, through which to discuss simeprevir phase 3 clinical data presented at The International Liver Congress of the European Association for the Study of the Liver. A pre-recorded webcast featuring management from Janssen will give an overview of results from the phase 3 QUEST -1 and QUEST-2 evaluations of the investigational protease inhibitor simeprevir (TMC435), administered once daily in combination with pegylated interferon and ribavirin in treatment-naive genotype 1 chronic hepatitis C patients.
General Electric Company (NYSE:GE): Current price $22.64
On Thursday, GE announced that it will initiate the financing of commercial purchases of low-speed electric vehicles from the Polaris Industries (NYSE: PII) subsidiary Global Electric Motorcars. GE already supports the electric car industry in a number of ways, by pledging to buy 25,000 electric cars over five years, and by creating the “WattStation” tower for charging electric cars. The cars GE will finance presently are smaller than the better-known Chevy Volt or Nissan Leaf motorcars, are similar to golfcarts in size; they canmove at up to 25 mph, and are street-legal for use on many roads, according to Rich Smith at The Motley Fool.