Thursday, November 25, 2010

Early Market News: Lockheed Martin (NYSE:LMT), PepsiCo (NYSE:PEP), Amazon.com (NASDAQ:AMZN)

Here are several more breaking news stories which could affect market stocks in
trading later today. The following listed companies should see some movement:
Lockheed Martin (NYSE:LMT), PepsiCo (NYSE:PEP), Amazon.com (NASDAQ:AMZN). Here
is a more detailed look at the news that will affect each company when trading
continues. Lockheed Martin (NYSE:LMT) Lockheed Martin (NYSE:LMT) has completed
the divestiture of its Enterprise Integration Group (EIG). The Enterprise
Integration Group (EIG) of Lockheed Martin (NYSE:LMT) has been sold for $815
million in cash to Veritas Capital. EIG provides system engineering services,
integration services and architecture support to a broad range of government
customers.  The divestiture has been made to eliminate unwanted perceptions
and benefit customers, shareholders and employees. Report says that concern
about perceived organizational conflicts of interest by the U.S government has
also paved the way for the sale by Lockheed Martin (NYSE:LMT). PepsiCo
(NYSE:PEP) PepsiCo (NYSE:PEP) has appointed Jamie Caulfield, as senior vice
president for investor relations. Jamie Caulfield, a 17-year company veteran
with extensive finance, accounting and investor relations experience will
succeed Lynn Tyson as senior VP of investor relations at PepsiCo (NYSE:PEP).
Earlier, Jamie Caulfield had served in a wide variety of roles in the PepsiCo
(NYSE:PEP) company like vice president of mergers and acquisitions. Hugh
Johnston, chief financial officer of PepsiCo (NYSE:PEP) said, "He is a very
seasoned leader with a deep understanding of our global business.  His breadth
of experience across a wide range of financial disciplines will be extremely
valuable." Amazon.com (NASDAQ:AMZN) Amazon.com (NASDAQ:AMZN) has launched a
new service to send Kindle books as a gift. This service will help their
customers to send Kindle books as presents to anybody with an email address,
which can be worked on all Kindle devices. It can also be read on a variety of
Kindle applications linked to the iPad, iPod touch, iPhone, Mac products, all
PCs, and on Blackberry and Android devices. Russ Grandinetti, Vice President,
Amazon Kindle said, "We are thrilled to make it easier than ever for our
customers to give their favorite Kindle book to a friend or family member as a
gift." We could see more movement when trading continues for Lockheed Martin
(NYSE:LMT), PepsiCo (NYSE:PEP) and Amazon.com (NASDAQ:AMZN).

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