Monday, November 8, 2010

Early Market News: Northrop Grumman (NYSE:NOC), Toyota Motor Company (NYSE:TM), PepsiCo (NYSE:PEP)

Here are several more breaking news stories which could affect market stocks in trading later today. The following companies should see some movement: Northrop Grumman (NYSE:NOC), Toyota Motor Company (NYSE:TM), PepsiCo (NYSE:PEP). Here is a more detailed look at the news that will affect each company when trading continues. Northrop Grumman (NYSE:NOC) Northrop Grumman (NYSE:NOC) wireless test engineer has received the 2010 Professional Role Model award. Leony Rosa has received the award from the Society of Hispanic Professional Engineers (SHPE) for his outstanding contributions and leadership to the Hispanic community. Tom Afferton, director of New York City Programs for Northrop Grumman (NYSE:NOC) said that ”Leony’s strong character and leadership qualities in the workplace, in the community and in academic settings are fully deserving of this prestigious award.” Toyota Motor Company (NYSE:TM) Toyota Motor Corporation (NYSE:TM) has increased its full-year earnings forecast. According to the statement from Toyota Motor Corporation (NYSE:TM), the sales in Asia region and recovery in global car sales has boosted the company to revise its earnings guidance for the first half of the year. Its net income for the year-end is expected to reach 350 billion yen when comparing with an earlier estimate of 340 billion yen. Moreover, the company has planned to sell new low cost car models in emerging markets and has decided to raise the price for some of its other models. PepsiCo (NYSE:PEP) PepsiCo (NYSE:PEP) PepsiCo (NYSE:PEP) has supported the students on this year's 'F1 in schools' competition in Jeddah, Saudi Arabia. Team Impact of The British International School in Jeddah, Saudi Arabia, has been sponsored by PepsiCo (NYSE:PEP) to compete with an estimated 9 million students around the world. The aim of the competition was to design a Formula 1 car miniature, which can travel a 20 meter track in just one second. Ibrahim Binaquil, GCCI Marketing and PR Manager, PepsiCo (NYSE:PEP) said," PepsiCo (NYSE:PEP) is committed to giving back to the community, and supporting educational programs is key to this. The 'F 1 in schools' is great to support as it offers a platform for the students to develop and learn." We could possibly see more movement when trading continues for Northrop Grumman (NYSE:NOC), Toyota Motor Company (NYSE:TM) and PepsiCo (NYSE:PEP).
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