Microsoft JUMPS and 4 DJIA Making Headlines
3M Co. (NYSE:MMM) will invest $50M to mature new technologies and products for China in the coming five years, China Daily reports according to a 3M vice president in China. Shares of the company traded up $1.02 (1.20%) recently at $86.20.
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Microsoft Corporation (NASDAQ:MSFT): IBM (NYSE:IBM) and Activision Blizzard (NASDAQ:ATVI) have made submissions to the ITC that demonstrate both companies are against the import ban that Google’s (NASDAQ:GOOG) Motorola arm is pursuing against Microsoft’s Xbox 360, according to Foss Patents. Shares traded up $0.27 (0.95%) lately at $29.17.
The Travelers Companies, Inc. (NYSE:TRV) is in negotiations to purchase a minority stake in Esure as the British home and car insurer readies for an IPO, Sky News and Reuters report.
United Technologies Corp. (NYSE:UTX): At the POWER-GEN Europe Exhibition, Pratt & Whitney Power Systems announced that Iberia Maintenance (the maintenance and engineering unit of Iberia Airlines) has been chosen to supply depot support services for the fleet of GG8 gas generators in Europe. The Madrid, Spain facility will now be part of a network of global depot facilities for P&W (which is a United Technologies company). Shares traded down $0.40 (0.54%) recently at $74.22.
Verizon Communications Inc.‘s (NYSE:VZ) Share Everything Plans consist of unlimited voice minutes, and text, video and photo messaging, and a single data allowance for up to 10 devices on the Verizon Wireless network. Plus, the Mobile Hotspot feature on all the devices is part of the Plans at no further charge. These plans will be available June 28 to new and current customers. Shares of Verizon traded up $0.21 (0.49%) lately at $42.77.
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