Friday, January 14, 2011

Early Market News: Exxon Mobil Corp. (NYSE:XOM), Intel Corp. (NASDAQ:INTC), IBM (NYSE:IBM)

Here are more news stories which could affect stocks on world markets in
trading later today. The following stocks should see some movement: Exxon Mobil
Corp. (NYSE:XOM), Intel Corp. (NASDAQ:INTC), IBM (NYSE:IBM). Here is a more
detailed look at the news that will affect each company when trading continues.
Exxon Mobil Corp. (NYSE:XOM) Exxon Mobil Corporation (NYSE:XOM) has planned to
divest parts of its stake in North Sea oilfields. The latest decision by Exxon
Mobil Corporation (NYSE:XOM) to sell portions of its North Sea oil fields is
part of a strategy to dump non-core assets. As per reports in Indigopool, the
properties to be offloaded are currently owned by the company's
recently-acquired XTO Energy Corporation and have not been assigned any specific
dollar value thus far. Exxon Mobil Corporation (NYSE:XOM)'s XTO is offering to
sell a 15% stake in these three oil field blocks. Intel Corp. (NASDAQ:INTC)
Intel (NASDAQ:INTC) results have beaten forecasts and estimates. Intel
(NASDAQ:INTC) investors can cheer up, as the quarterly revenues published by the
company were more than estimates and forecasts. The increased sales in the
corporate sector have been considered to be a major reason behind the better
results. Patrick Wang, an analyst at Wedbush Securities, said that, It seems
like theyre doing pretty well. The stocks not really reacting off of it. Right
now theres just a larger overhang over the stock when it comes to tablets and
smartphones. That may be an area where investors are more cautious." IBM
(NYSE:IBM) IBM (NYSE:IBM) has topped the list of most inventive companies for
the 18th year. According to the official statement from the company, it has
received 5,896 patents in the US in 2010, which makes IBM (NYSE:IBM) the company
with the highest number of patents per year. IBM (NYSE:IBM)'s Kevin Reardon
said Patent leadership is an important element of our high-value business
strategy, which is focused on enabling instrumented, interconnected and
intelligent infrastructures that can change how systems of all kinds work to
support a smarter planet." We could see more movement when trading continues
for Exxon Mobil Corp. (NYSE:XOM), Intel Corp. (NASDAQ:INTC) and IBM (NYSE:IBM).

No comments:

Post a Comment

LinkWithin

Related Posts Plugin for WordPress, Blogger...