Microsoft Launches Blast Campaign and 3 Dow Movers to Follow
The Walt Disney Company (NYSE:DIS): Current price $53.89
George Lucas sold his Lucasfilm to Disney, but does not intend to divest his $2.02 billion stake in the company, says a spokeswoman, after a regulatory filing by the firm that permits the Star Wars creator to divest the stock at his discretion, says Bloomberg Businessweek. Lucas holds 37.1 million shares or 2.1 percent of Disney, according to a registration on Wednesday by the company.
General Electric Company (NYSE:GE): Current price $22.39
While The Boeing Company pays a price for having farmed out crucial parts on its new Dreamliner, General Electric’s aviation unit is busy bringing work on its engines back in-house. In 2013, GE will open a two factories in Mississippi and Alabama and soon will announce the location of the third.
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Microsoft Corporation (NASDAQ:MSFT): Current price $27.22
Microsoft introduces a national ad campaign this week that will bash Google (NASDAQ:GOOG) for plumbing users’ emails for data and exploiting the information to post ads, says Politico, which predicted that Microsoft will respond that its Outlook.com email service is more respectful of users’ privacy. For its part, Google said that no humans read Gmail users’ email.
International Business Machines Corporation (NYSE:IBM): Current price $199.29
IBM has been chosen to continue supporting the Independent Electricity System Operator to operate Ontario’s Meter Data Management and Repository system with new computing infrastructure and an enhanced operating environment. The 5-year $68.5 million contract was awarded as a result of a competitive procurement process and includes options through which to extend to 7 or 10 years. Under the terms, IBM will improve the overall performance of the MDM/R through new computing infrastructure, enhanced web services facility in support of growing volumes of requests for consumption information, enhanced disaster recovery capabilities, and operational improvements concentrating upon reducing risk and costs.
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