Market News: Intel Corp. (NASDAQ:INTC), Wal-Mart Stores Inc. (NYSE:WMT), United Technologies Corp. (NYSE:UTX)

Here are several more stock briefings which could affect stocks in trading later today. The following stocks should see some movement: Intel Corp. (NASDAQ:INTC), Wal-Mart Stores Inc. (NYSE:WMT), United Technologies Corp. (NYSE:UTX). Here is a more detailed look at the news that will affect each company when trading continues. Intel Corp. (NASDAQ:INTC) Intel (NASDAQ:INTC) has announced the opening of new plant in Vietnam. THE world’s biggest chipmaker, Intel (NASDAQ:INTC), will open a US$1 billion plant in Hanoi, Vietnam, this Friday. Vietnamese government leaders and officials from Intel (NASDAQ:INTC) will dedicate the plant in Ho Chi Minh City after four years of anticipation. The arrival of Intel (NASDAQ:INTC), a multi national company, will prevent the Vietnamese from over exploiting the country's natural resources. Mr Leon Perera, group managing director of Spire Research and Consulting in Singapore said that" the investment proves that Vietnam is benefiting from the need of multinational companies to diversify beyond China." Wal-Mart Stores Inc. (NYSE:WMT) Wal-Mart Stores Inc. (NYSE:WMT) has planned to open plant in India. Chief executive of Wal-Mart Stores Inc. (NYSE:WMT) is in India in this week for open its new plant in India. President Barack Obama visits India next month as a show of solidarity with India on behalf of foreign companies seeking to enter the Indian market. Montek Singh Ahluwalia, deputy chairman of India’s Planning Commission, says that “the government supports the idea of opening up the country’s retail sector to foreign direct investment.” But he didn’t disclose when or how it might happen, and the government has made similar statements before. Time will tell what this means for the future of companies like Wal-Mart Stores Inc. (NYSE:WMT) which seek entry to India's vast retail sector. United Technologies Corp. (NYSE:UTX) United Technologies (NYSE:UTX) has revealed their plan to eliminate 3,300 workers by the end of next year. According to United Technologies (NYSE:UTX), the plan is a part of the cost reduction efforts announced by company earlier this year. United Technologies (NYSE:UTX) has already sliced 1,300 positions earlier this year and is going to remove many more by 2011. The information has been revealed by United Technologies (NYSE:UTX) in a filing to the U.S. Securities and Exchange Commission. We may see more movement when trading continues for Intel Corp. (NASDAQ:INTC), Wal-Mart Stores Inc. (NYSE:WMT) and United Technologies Corp. (NYSE:UTX).
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