These 2 Dow 30 Stocks are Getting Whipped
The Dow is down 0.24 percent today and stands at 13,247. These stocks are indicative of the day’s trend.
Walt Disney Co. (NYSE:DIS): CBS (NYSE:CBS) CEO Leslie Moonves remarked during his company’s earnings conference call on Tuesday that CBS will “take a look” at Hulu (NASDAQ:CMCSA) (NYSE:DIS) (NASDAQ:NWSA) if it shifts to an authentication model, and he also commented that the company has been in talks with virtually”everyone” who is exploring a digital service regarding content deals. This according to the Hollywood Reporter.
Intel Corporation (NASDAQ:INTC): Imation (NYSE:IMN) reported that it will receive the Encrypted USB device business of McFee, its parent company, and the McAfee Encrypted USB devices’ original equipment manufacturer and supplier. Imation will market these USB devices and the related USB management software extension for McAfee ePolicy Orchestrator, plus providing support for new Encrypted USB customers.
Want news like this in real-time so you can get an edge? Click here for Wall St. Cheat Sheet Pro.