Monday, November 8, 2010

Early Market News: Raytheon (NYSE:RTN), Amazon.com (NASDAQ:AMZN), Canon Inc. (NYSE:CAJ)

Here are some more breaking stock news briefs which could see some changes on the markets later. The following companies should see some movement: Raytheon (NYSE:RTN), Amazon.com (NASDAQ:AMZN), Canon Inc. (NYSE:CAJ). Here is a more detailed look at the news that will affect each company when trading continues. Raytheon (NYSE:RTN) Raytheon (NYSE:RTN) has acquired Trusted Computer Solutions (TCS), a leader in network security solutions. Raytheon (NYSE:RTN) has acquired Trusted Computer Solutions (TCS), and with it has expanded its cyber security portfolio, which enhance their ability to deliver turnkey cyber solutions. Trusted Computer Solutions (TCS) will be integrated into Raytheon’s Intelligence and Information Systems (IIS) and will be known as Raytheon Trusted Computer Solutions in future. It is expected that the new acquisition by Raytheon (NYSE:RTN) will help its customers to combat with the most sophisticated threats that they face. Amazon.com (NASDAQ:AMZN) Amazon.com has planned to buy e-commerce company Quidsi. Report says that Quidsi, operator of online retailers like Soap.com and Diapers.com will be acquired by Amazon.com (NASDAQ:AMZN) for about $540 million. It has been reported that Amazon.com (NASDAQ:AMZN) will pay $500 million in cash and $45 million in debt and other liabilities for Quidsi as a part of the deal. This deal is also expected to help Amazon.com (NASDAQ:AMZN) to boost their baby care products business. Canon Inc. (NYSE:CAJ) Canon Inc. (NYSE:CAJ) has planned to display its work enhancing Image FORMULA Scanning Solutions at the 2010 Association of Financial Professionals Conference. Canon Inc. (NYSE:CAJ), the US based pioneer in digital imaging, will exhibit its image FORMULA document scanning portfolio, including the new image FORMULA named DR-6030C departmental scanner. The image FORMULA DR-6030C is a different solution for distributed scanning of large numbers of documents. It will provide color and black-and-white scan speeds up to 80 pages-per-minute (ppm) I/160 images-per-minute (ipm), the Canon DR-6030C scanner can be used to scan a wide variety of document types such as thick documents driver licenses, plastic ID cards, and long documents has up to 118-inches length. This new device is small enough to fit on the desktops. Expect more movement when trading continues for Raytheon (NYSE:RTN), Amazon.com (NASDAQ:AMZN) and Canon Inc. (NYSE:CAJ).
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