Tuesday, November 23, 2010

Early Market News: Lockheed Martin (NYSE:LMT), Dow Chemical (NYSE:DOW), 3M Company (NYSE:MMM)

Here are several more breaking news stories which could affect market stocks in
trading later today. The following companies should see some movement: Lockheed
Martin (NYSE:LMT), Dow Chemical (NYSE:DOW), 3M Company (NYSE:MMM). Here is a
more detailed look at the news that will affect each company when trading
continues. Lockheed Martin (NYSE:LMT) Marks and Spencer Group Plc (LON:MKS) has
signed the Assembly Government's Sustainable Development Charter. Marks and
Spencer Group Plc (LON:MKS) has become the latest organization to sign the
Assembly Government's Sustainable Development Charter. Marks and Spencer Group
Plc (LON:MKS) is the 36th organization to sign up to the charter which allows
businesses operating in Wales to publicly show their commitment to putting
sustainable thinking and decision making right at the heart of their business.
Richard Gillies, the director of Marks and Spencer Group Plc (LON:MKS)'s
sustainable programme Plan A said that, "Marks and Spencer is delighted to
support the collaborative approach of the Welsh Assembly Government's
Sustainable Development Charter." Dow Chemical (NYSE:DOW) Tesco PLC (LON:TSCO)
has named Asia as its primary growth opportunity for the near-term. Tesco PLC
(LON:TSCO)'s investors has decided to visit Asia this week, to focus on the
potential for the growth that they had made in the Chinese and South Korean
markets. Chris Bush, the chief executive of Tesco PLC (LON:TSCO) Lotus, said
that, "As the number of double-income earning families grows across the
country, as wealth starts to grow, then convenience will become more important
in the lifestyle of consumers, and if convenience becomes more important, then
they are more likely to find modern trade the right solution to their lifestyle
challenges." 3M Company (NYSE:MMM) Royal Dutch Shell plc (LON:RDSA) has
resumed use of a pipeline that was shut down earlier this month due to leaks.
According to a state regulator, Royal Dutch Shell plc (LON:RDSA) is in plans to
complete the testing and resume its 360,000 barrel a day Houma-to-Houston oil
pipeline tomorrow. The conduit, known as the Ho-Ho pipeline system, makes
deliveries to refineries in Texas and Louisiana with a combined capacity of more
than 1.2 million barrels. The line was shut down on November 16, after a leak
was identified near Vinton, Louisiana, in Calcasieu Parish. Jean Kelly, a
spokeswoman for the Louisiana Department of Environmental Quality said the
repairs have been completed. We may see more movement when trading continues for
Lockheed Martin (NYSE:LMT), Dow Chemical (NYSE:DOW) and 3M Company (NYSE:MMM).

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