Sunday, November 7, 2010

Market News: Google Inc. (NASDAQ:GOOG), Microsoft Corp. (NASDAQ:MSFT), Exxon Mobil Corp. (NYSE:XOM)

Here are several more breaking news stories which could affect market stocks in trading later today. The following stocks should see some movement: Google Inc. (NASDAQ:GOOG), Microsoft Corp. (NASDAQ:MSFT), Exxon Mobil Corp. (NYSE:XOM). Here is a more detailed look at the news that will affect each company when trading continues. Google Inc. (NASDAQ:GOOG) Google Inc. (NASDAQ:GOOG) could face the wrath of Facebook by limiting its users' access to shared data. The latest announcement from the search engine giant says that it will no longer permit the leading social networking site to grab the personal and professional contacts from Gmail users. Google Inc. (NASDAQ:GOOG) has been allowing its users to transfer data, including contacts, to other sites, in order to find out whether any of their Gmail contacts were using the services, including Facebook. Microsoft Corp. (NASDAQ:MSFT) Microsoft Corporation (NASDAQ:MSFT)'s CEO has sold off a huge chunk of stock, and plans to sell more by the end of the year. Steve Ballmer, the Chief Executive at Microsoft Corporation (NASDAQ:MSFT), has sold $1.3 in company stock over the last three days, and is planning to sell $700 Million more by the end of the year. Ballmer said in a statement “Even though this is a personal financial matter, I want to be clear about this to avoid any confusion. I am excited about our new products and the potential for our technology to change people’s lives, and I remain fully committed to Microsoft and its success.” Exxon Mobil Corp. (NYSE:XOM) Exxon Mobil Corporation (NYSE:XOM) is continuing its battle against Malaria in Africa. ExxonMobil (NYSE:XOM), which has long been a supporter of Africare, a United States based non-profit organization specialized in development aid for Africa, will fund three key malaria prevention and intervention programs in Africa. Africare President Darius Mans said in Connection with its 40th Anniversary Gala that “ExxonMobil has been an invaluable partner to bettering the lives of those living in Africa.” The new grants, which total $1,425,000, will enable thousands of additional children and families in Africa to receive the necessary care for managing malaria. We may see more movement when trading continues for Google Inc. (NASDAQ:GOOG), Microsoft Corp. (NASDAQ:MSFT) and Exxon Mobil Corp. (NYSE:XOM).
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