Verizon Sets Date for LTE Launch and 3 Dow Movers Seeing Action Mid-Week
McDonald’s Corporation (NYSE:MCD) currently has more than 1,200 restaurants in France and over 1,400 in Germany and while the weak European economy impacts sales, the company finds it self offering coupons and deals in these two countries along with others, according to the Wall Street Journal.
Microsoft Corporation (NASDAQ:MSFT) executive Steve Ballmer described on Wednesday in a letter to shareholders a future for his company in which it will work in soft- and hardware “to deliver a broad spectrum of Windows PCs, tablets and phones.” Ballmer quickly noted that Microsoft will not abandon its partners, many of whom were said to be unhappy with Redmond’s decision to develop its own Surface tablet, adding that, “We will continue to work with a vast ecosystem of partners to deliver a broad spectrum of Windows PCs, tablets and phones. We do this because our customers want great choices and we believe there is no way one size suits over 1.3 billion Windows users around the world.”
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Verizon Communications (NYSE:VZ): Vice President Nicola Palmer of network and Chief Technical Officer for Verizon Wireless (NASDAQ:VOD), remarked to CNet that the company intends to introduce voice over LTE services by late next year or early 2014 and that consumer trials will start in late 2013 with service likely to follow also in the next year.
Wal-Mart Stores (NYSE:WMT) has already seen $400 million in domestic layaway sales in less than a month, which represents half of the amount for all of the 2011 holiday season, as the giant retailer makes a concerted effort to lure shoppers prior to the typical start of the holiday season. Shares soared to an all-time high of $76.38 early Wednesday and were up by 2.7 percent at $76.14 in midmorning during the company’s annual meeting with investors and analysts, which was available over the Internet.
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