Oracle President Wants Jobs Brought Back to U.S. and 2 More Heavily Traded Stocks to Follow
Oracle Corp. (NASDAQ:ORCL): Current price $33.26
At a huge gathering of business leaders in Montana on Tuesday, Oracle President Safra Catz said it makes sense to bring jobs back to the United States and to places such as Montana. Catz reported that her firm is bringing more jobs back to the United States because the whole value of the company rests is in its employees. For its part, Oracle has been centering its cloud computing division in Bozeman, Montana.
Microsoft Corp. (NASDAQ:MSFT): Current price $32.99
Shares of Microsoft are up about 0.6 percent in late trading, likely on the news that it will be raising its quarterly dividend by a whopping 22 percent, together with repurchasing as much as $40 billion in outstanding shares in an open-ended program. Meanwhile, the Dow Jones Industrial Average has reacted positively to the news and gained 45 points at one point Tuesday.
AT&T Inc. (NYSE:T): Current price $34.79
On Tuesday, the second AT&T Foundry facility in Plano, close to Dallas, officially opened as the prime location of cutting-edge development around machine-to-machine solutions and connected devices. An AT&T press release said that, “With this new facility, AT&T will develop innovative products and services that improve your life and livelihood in a variety of ways. We’ll do this by bringing network connectivity and intelligence to both existing devices and new hardware.
“Imagine, for example, the ability to track the location of a suitcase and report when it has been opened as a traveler moves from one airport to another. Or think of soil sensors in a corn field that can automatically test the moisture in the dirt, and then signal the irrigation system to turn on when needed.”
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