American Express & The NBA Launch ‘Off The Court’ and 2 Other Dow Movers to Watch
American Express Co. (NYSE:AXP): Current price $81.70
American Express and The National Basketball Association have announced an original digital destination on NBA.com, Off the Court, which will bring new life to the game and some of its best players by exploring shared personal passions, pursuits, and interests. The online destination continues the partnership that NBA and American Express have taken to link fans with the game in new, meaningful ways, and will feature live video chats with NBA players, legends, and coaches, creating a multi-part video series surrounding the players’ daily posts from basketball insiders, contests, and more throughout the season.
E.I. DuPont de Nemours & Co. (NYSE:DD): Current price $61.69
DuPont is working jointly with Deere & Co. (NYSE:DE) in order to sell software meant to boost crop yields, which could rival Monsanto Co. (NYSE:MON) as it moves into the same area. DuPont’s Pioneer seed arm will unite its Field360 software with Wireless Data Transfer tech from Deere. In a Friday Statement, DuPont said that uploading information from the field as it’s collected may aid growers in making better decisions concerning seeds, fertilizer, and other inputs.
McDonald’s Corp. (NYSE:MCD): Current price $96.42
The fast food behemoth has posted lower-than-anticipated comparable restaurant sales for October due to sliding sales in Japan. Worldwide sales at restaurants open for over a year increased by 0.5 percent in October, but that growth was below the average estimate of 0.6 percent, according to nine analysts polled by Thomson Reuters. Comparable restaurant sales in Asia Pacific, the Middle East, and Africa dropped by 2.8 percent in October, primarily because of negative results in Japan.