Saturday, November 6, 2010

Market News: PepsiCo (NYSE:PEP), Costco Wholesale (NASDAQ:COST), Home Depot Inc. (NYSE:HD)

Here is another batch of stock briefings which may affect trading on world markets later today. The following stocks should see some movement: PepsiCo (NYSE:PEP), Costco Wholesale (NASDAQ:COST), Home Depot Inc. (NYSE:HD). Here is a more detailed look at the news that will affect each company when trading continues. PepsiCo (NYSE:PEP) An agreement to support child education in Egypt has been signed by PepsiCo (NYSE:PEP). The agreement worth $200,000 has been signed between The United Nations World Food Program (WFP) and PepsiCo (NYSE:PEP) Tomooh education program to provide school meals for vulnerable children. Saad Abdul-Latif, founder of the Tomooh education program and Chief Executive Officer of PepsiCo (NYSE:PEP) Asia said, "Tomooh in Egypt reaches some of the most disadvantaged children in society and opens the door for them to a world of opportunity." Costco Wholesale (NASDAQ:COST) A "Cheese Road Show" has backfired for Costco Wholesale (NASDAQ:COST), leaving several customers ill. Twenty-five people became sick after eating e-coli tainted cheese samples from Costco Wholesale (NASDAQ:COST) in-store. Officials from the Centers for Disease Control and Prevention and the U.S. Food and Drug Administration said that the Dutch Style Gouda cheese was supplied by Bravo Farms and was given out at Costco Wholesale (NASDAQ:COST)'s “Cheese Road Shows” in-store promotions. The Cheese Road Shows occurred in Arizona, Colorado, New Mexico, Nevada and San Diego, California. Home Depot Inc. (NYSE:HD) Mobile devices at Home Depot (NYSE:HD) could soon be powered by Windows Phone 7. The plan is to improve Home Depot (NYSE:HD)'s customer service. Home Depot (NYSE:HD) is using Windows Mobile 6.5-powered devices that help associates to stock shelves, track inventory, check availability from other store locations, make telephone calls, and finalise customer transactions anywhere in the store. Home Depot (NYSE:HD) is now considering Windows Phone 7 for other enterprise needs. Mickey Haynes, the senior mobile architect of Home Depot (NYSE:HD) said that, "Windows Phone 7 is different from anything that's on the market at the moment. It's really the best platform for a developer yet." We may see more movement when trading continues for PepsiCo (NYSE:PEP), Costco Wholesale (NASDAQ:COST) and Home Depot Inc. (NYSE:HD).
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