Monday, November 1, 2010

Early Market News: Chevron Corp. (NYSE:CVX), Toyota Motor Company (NYSE:TM), Apple Inc. (NASDAQ:AAPL)

Here are several more breaking news stories which could affect market stocks in trading later today. The following listed companies should see some movement: Chevron Corp. (NYSE:CVX), Toyota Motor Company (NYSE:TM), Apple Inc. (NASDAQ:AAPL). Here is a more detailed look at the news that will affect each company when trading continues. Chevron Corp. (NYSE:CVX) Chevron Energy Solutions has announced Solar and Energy Efficiency Projects in Orange County, CA. The projects are projected to save the City of Brea and two school districts more than $40 million through energy efficiency improvements and the installation of more than 3 MW of solar power generation. These three projects are expected to reduce carbon emissions by more than 88,000 metric tons. Jim Davis, president of Chevron Energy Solutions said that “We are pleased that our collaboration with the City of Brea and two school districts in Orange County are delivering energy savings and reducing carbon emissions through energy efficiency improvements and the use of renewable power. It is great to see government and education institutions in Orange County take a leadership role in demonstrating the region’s environmental and fiscal leadership.” Toyota Motor Company (NYSE:TM) Toyota Motor Corporation (NYSE:TM) has announced the launch of its new 200 series Land Cruiser. To commemorate the Land Cruiser's 60 years in production, Toyota Motor Corporation (NYSE:TM) will produce a '60th Anniversary Model'. New features like special exterior color options (blue mica metallic), silver colored roof rail and power adjustable D-seat have been added in the model. Sadayoshi Koyari, Toyota Motor Corporation's (NYSE:TM) Development Centre 3 chief engineer said, "[The] Land Cruiser has fostered a resolute relationship with customers across the world and especially in the Middle East. Testimony to this fact is that currently over 50% of Land Cruisers sold worldwide are in the Middle East alone." Apple Inc. (NASDAQ:AAPL) The deal between BHP Billiton plc (LON:BLT) and Rio Tinto looks shakier than ever. The latest report reveals that the much anticipated iron deal between the giants, BHP Billiton plc (LON:BLT) and Rio Tinto plc (LON:RIO), has broken down. The unwillingness of both the companies to fight against the regulatory disapproval have been considered as the key reason behind the deal's red signal. Earlier, Antitrust officials from Berlin to Canberra had claimed that the JV of the giants would make smaller companies in the industry uncompetitive. We may see more movement when trading continues for Chevron Corp. (NYSE:CVX), Toyota Motor Company (NYSE:TM) and Apple Inc. (NASDAQ:AAPL).
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