Wal-Mart Launches Tablet Trade-In Deal and 2 Other Dow Movers to Watch
Wal-Mart Stores Inc. (NYSE:WMT): Current price $76.07
On Wednesday, the retailing behemoth announced that customers may now trade in their old tablets for new ones at any of its 3,600 stores spanning the United States, receiving as much as $300 for their current device, depending on the model. After that, the credit can be used towards the purchase of a new product. It was also announced that Wal-Mart will begin carrying the new iPad Air on November 1, which it will sell at $479.
Chevron Corp. (NYSE:CVX): Current price $120.37
Chevron reported Wednesday that its Australian subsidiary has purchased exploration interests in two offshore blocks lying in the Bight Basin, which is a deepwater frontier area. Blocks S12-2 and S12-3, which span over 8 million acres, are located about 275 miles west of Port Lincoln off the South Australia coast. Chevron Australia is the operator, holding a 100-percent interest.
International Business Machines Corp. (NYSE: IBM): Current price $175.85
IBM scientists are working jointly with pathologists at the University Hospital Zurich in order to test a novel prototype tool to accurately diagnose different types of cancer. The project is based on a tech that was developed by IBM scientists called a microfluidic probe, which somewhat resembles the nib of a fountain pen.