Monday, November 29, 2010

Early Market News: Coca-Cola Co. (NYSE:KO), American Express Co. (NYSE:AXP), Sprint Nextel (NYSE:S)

Here is another collection of breaking news stories which may affect companies as trading continues later. The following listed companies should see some movement: Coca-Cola Co. (NYSE:KO), American Express Co. (NYSE:AXP), Sprint Nextel (NYSE:S). Here is a more detailed look at the news that will affect each company when trading continues. Coca-Cola Co. (NYSE:KO) Coca-Cola (NYSE:KO) has said it wants to strengthen ties with its Jamaica franchisee. This operation will result in the Jamaican operation becoming the supply point for markets in the Southern Caribbean for Coca-Cola (NYSE:KO).William Mahfood, managing director of Wisynco Group, said that the move shows the strong partnership that has developed between the two companies over the years. Wisynco will be investing some J$500 million to raise its production capacity to approximately 15 million cases per year. Meanwhile, it currently produces 10 million cases, up from six million, after a similar investment last year to ramp up its production lines. American Express Co. (NYSE:AXP) American Express (NYSE:AXP) has organized a massive Christmas sweepstakes. By entering the "season of surprises sweepstakes", you have a chance to win a $100,000 grand prize or instant prizes of $10,000 or $25. For entering into the competition, you will have to buy an American Express (NYSE:AXP) gift card and enter the code on the website or click on the link in the rules to enter without purchase. Entry into the Season of Surprises Sweepstakes is open to all US residents above the age of 18. Sprint Nextel (NYSE:S) Sprint Nextel (NYSE:S) has offered super-savings via amazon.com this cyber Monday. It is provided at a discounted price through Amazon.com. This feature-packed PDA phone runs Windows Mobile 5 and contains a slide-out text keyboard. The 1.3 mega pixel camera with video capture, miniSD card slot, touch screen, speakerphone, and the full suite of Windows Mobile software are some of its other features. The unique slide-out QWERTY keyboard makes messaging, note-taking, and other writing tasks a pleasure. There will probably be more movement when trading continues for Coca-Cola Co. (NYSE:KO), American Express Co. (NYSE:AXP) and Sprint Nextel (NYSE:S).
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