Saturday, October 30, 2010

Market News: Delta Air Lines (NYSE:DAL), Johnson & Johnson (NYSE:JNJ), Intel Corp. (NASDAQ:INTC)

Here are some more breaking stock news briefs which could see some changes on the markets later. The following companies should see some movement: Delta Air Lines (NYSE:DAL), Johnson & Johnson (NYSE:JNJ), Intel Corp. (NASDAQ:INTC). Here is a more detailed look at the news that will affect each company when trading continues. Delta Air Lines (NYSE:DAL) Delta Air Lines (NYSE:DAL) has made a number of performance changes to its schedules, including discontinuing its service to Hilton Head Island Airport. Delta Air Lines (NYSE:DAL) already conducted a similar suspension last year. Delta Air Lines (NYSE:DAL) is also suspending its service to Florence and two other locations outside South Carolina. Joe Esposito, the managing director of Delta Air Line's (NYSE:DAL) network planning said, "Flights have experienced a significant decline in revenues and passenger loads this year. That, combined with decisions to phase out aging aircraft Delta flies in and out of Hilton Head prompted the decision. Although Delta would prefer to continue serving the market, we have made the difficult decision to eliminate our Hilton Head Airport service as part of our efforts to retire less-efficient turboprop and small jet aircraft from the Delta Connection fleet." Johnson & Johnson (NYSE:JNJ) A new investigation into a factory will be launched by Johnson & Johnson (NYSE:JNJ) in South Korea. Johnson & Johnson (NYSE:JNJ) have said that they will look into all possible contamination issues of a South Korean drug facility owned by a company which they are acquiring. At the beginning of this month, Johnson & Johnson (NYSE:JNJ) had announced the purchase of Crucell for about $2.41 billion, which will allow the company to gain a foothold in the coveted vaccine business. Crucell is a major vaccine supplier to UNICEF and developing countries. It also develops medicines that use antibodies to zero in on organisms causing infectious diseases. Intel Corp. (NASDAQ:INTC) A new factory in Vietnam is the latest step by Intel (NASDAQ:INTC) into the East. It is Vietnam’s first semiconductor factory, which produces chipsets for mobile devices and laptops. The company first had plans to construct the plant in China, but several reasons made it shift to Vietnam. Some called the move 'courageous', as the decision to build the plant was in 2006, in a country without a single world-class university – ahead of countries like India and China. The plant will help provide job for around 85,000 employees. Intel’s former country manager in Vietnam said that “Vietnam has the potential to be a small China in tech manufacturing.” We may see more movement when trading continues for Delta Air Lines (NYSE:DAL), Johnson & Johnson (NYSE:JNJ) and Intel Corp. (NASDAQ:INTC).
tdp2664
E money daily



No comments:

Post a Comment

LinkWithin

Related Posts Plugin for WordPress, Blogger...