Thursday, November 4, 2010

Market News: Boeing Co. (NYSE:BA), Johnson & Johnson (NYSE:JNJ), BP plc (NYSE:BP)

Several breaking news stories will affect stock prices as trading continues today. The following stocks should see some movement: Boeing Co. (NYSE:BA), Johnson & Johnson (NYSE:JNJ), BP plc (NYSE:BP). Here is a more detailed look at the news that will affect each company when trading continues. Boeing Co. (NYSE:BA) Boeing (NYSE:BA) has decided to demonstrate new situational awareness application for portable devices. Boeing (NYSE:BA) will demonstrate its Data Master Lite (LT) situational-awareness application for military and civilian users of the latest portable devices. Dewey Houck, the director of Mission Systems of Boeing (NYSE:BA)'s Intelligence & Security Systems said that, "With the flexibility inherent in mobile platforms, this new application adds a better level of situational awareness to our customers' most critical missions. With its ability to quickly search for and retrieve critical information, Data Master LT gives intelligence analysts access to timely, relevant geospatial information that, in turn, provides a foundation for situational awareness." Johnson & Johnson (NYSE:JNJ) Johnson & Johnson (NYSE:JNJ) has announced a global restructuring initiatives for a sustainable growth. Johnson & Johnson (NYSE:JNJ) has taken steps to prioritize its innovation efforts around the many growth opportunities in health care and to execute aggressively on bringing new products to market. William C. Weldon, the Chairman and Chief Executive Officer of Johnson & Johnson (NYSE:JNJ) said that, "Johnson & Johnson (NYSE:JNJ) has long adhered to a broad-based operating model and set of sound management principles that have driven our success. Today, we are announcing a series of actions and plans designed to ensure that our company remains well-positioned and appropriately structured for sustainable, long-term growth in the health care industry." BP plc (NYSE:BP) The UK has awarded several licenses to BP plc (NYSE:BP) for exploration. This is the largest license award that BP plc (NYSE:BP) has received in the UK for more than a decade. Among the seven, five blocks were operated by BP plc (NYSE:BP) and the other two were operated by a partner. Trevor Garlick, the Regional President of BP plc (NYSE:BP) in the North Sea said that, "These licence awards are a significant success for BP plc (NYSE:BP) and a further boost to the long-term future of our North Sea business. With six major projects currently underway in the UK and Norwegian sectors, BP plc (NYSE:BP) is investing strongly in the North Sea to develop today's resource base and we are also building a complementary portfolio of future opportunities." We could possibly see more movement when trading continues for Boeing Co. (NYSE:BA), Johnson & Johnson (NYSE:JNJ) and BP plc (NYSE:BP).
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