Tuesday, January 18, 2011

Early Market News: Toyota Motor Company (NYSE:TM), JP Morgan Chase & Co. (NYSE:JPM), Intel Corp. (NASDAQ:INTC)

More breaking news stories could affect stocks when trading continues later. The following listed companies should see some movement: Toyota Motor Company (NYSE:TM), JP Morgan Chase & Co. (NYSE:JPM), Intel Corp. (NASDAQ:INTC). Here is a more detailed look at the news that will affect each company when trading continues. Toyota Motor Company (NYSE:TM) Toyota Motor Corporation (NYSE:TM) has planned to halt plants due to heavy snow. Toyota Motor Corporation (NYSE:TM), the leading car maker, has announced that it would be closing afternoon operations on Monday at 12 of its plants in Aichi, Central Japan. Although plants are expected to open again on Tuesday, a spokesman at Toyota Motor Corporation (NYSE:TM) said that the company has been planning to adjust its manufacturing schedules anyway, so the shutdown may not cause any significant impact on production. JP Morgan Chase & Co. (NYSE:JPM) J.P. Morgan Chase & Co. (NYSE:JPM) has been asked to back credit efforts in China. The state planning body of China has asked J.P. Morgan Chase & Co. (NYSE:JPM) to invest in some schemes that offer credit guarantees to small and medium sized enterprises in the country, an initiative aimed at helping these small and medium sized firms find financing support. The persons familiar with the issues said that the news has met with mixed reception at the firm. Intel Corp. (NASDAQ:INTC) Intel (NASDAQ:INTC) has announced the move to 22nm fabrication process. Although the largest chip maker has been using the technology in its high end products for servers and desktops, the shift to use them on all others including the atom processors was the latest one. According to the latest reports, the technology processors will be there all across the board with the 22nm fabrication process. Intel (NASDAQ:INTC) has not made any announcements regarding production dates for this new type of processor. We could possibly see more movement when trading continues for Toyota Motor Company (NYSE:TM), JP Morgan Chase & Co. (NYSE:JPM) and Intel Corp. (NASDAQ:INTC).
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