Here are more news stories which could affect stocks on world markets in trading later today. The following companies should see some movement: Dell (NASDAQ:DELL), Verizon Communications Inc. (NYSE:VZ), IBM (NYSE:IBM). Here is a more detailed look at the news that will affect each company when trading continues. Dell (NASDAQ:DELL) Dell (NASDAQ:DELL) has planned to buy Pennsylvania based software company Boomi Inc. Acquisition of Boomi Inc, the experts in cloud computing software technology, is expected to boost up Dell's (NASDAQ:DELL) ability to provide software over computer networks and reduce costs with the use of data centers. Steve Felice, president of Dell’s NASDAQ:DELL) consumer, small and midsize business segment, said, “Twenty-six years ago we helped accelerate the move to client-server computing; today we’ll help drive a similar transformation with customers turning to the cloud to drive costs down and innovation up.” Verizon Communications Inc. (NYSE:VZ) United Parcel Service (NYSE:UPS) has released new published rates for its shipments in 2011. A net increase of 4.9% for United Parcel Service (NYSE:UPS) ground packages and an increase of 4.9% on all air express and US origin international shipments has been made by the company. Report says that increased shipment rates implemented by United Parcel Service (NYSE:UPS) is a way to recover revenue lost as the company faces a global economic downturn. The increased rate is expected to be effective from Jan 3rd. IBM (NYSE:IBM) IBM (NYSE:IBM) has sponsored PostgreSQL Community Conference. PostgreSQL, the largest independent open source database company in the world has announced that IBM (NYSE:IBM) has signed as a Gold sponsor for the industry’s largest PostgreSQL conference. The conference will start from Nov. 2-4 at the Sir Francis Drake Hotel in San Francisco. It is the best platform for the PostgreSQL community to come together for sharing recent advancements. The keynote will be delivered by Microsystems co-founder and open-source advocate Scott McNealy Ed Boyajian, CEO at EnterpriseDB said “IBM’s sponsorship of PG West confirms that PostgreSQL is ready and well-suited for enterprise environments.” We may see more movement when trading continues for Dell (NASDAQ:DELL), Verizon Communications Inc. (NYSE:VZ) and IBM (NYSE:IBM).
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Wednesday, November 3, 2010
Early Market News: Dell (NASDAQ:DELL), Verizon Communications Inc. (NYSE:VZ), IBM (NYSE:IBM)
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