3 Dow Stocks in Thursday’s Spotlight
The Walt Disney Company (NYSE:DIS), in comments at the Goldman Sachs Communacopia Conference, says that the Disney Channel is “on fire” around the world.
Don’t Miss: AOL Gets New Director and CFO.
General Electric Company (NYSE:GE) will collaborate with Electric Transmission Texas on the largest series compensation project in the country. The latter, which is a joint venture between the subsidiaries of American Electric Power Company Inc. (NYSE:AEP) and MidAmerican Energy Holdings, is a regulated transmission-only utility which constructs, owns and operates transmission assets as a regulated utility in the state of Texas. Under the terms of the multi-million dollar agreement, GE will install eight series compensation banks at four different facilities that are owned by ETT in West and Central Texas. Hundreds of American workers will be employed by this project in manufacturing, engineering, project management and construction.
Intel Corporation (NASDAQ:INTC) shook up its industry in 2011 by committing to a new style of transistors, which forms the building block for all computer chips. On Thursday, Globalfoundries announces an unusual plan to catch up, expecting to increase the speed and battery life of mobile devices in the process. The firm plans to make chips by combining two future generations of production tech, which is an approach that could bring more manufacturing work to the United States, should customers adopt it. However, questions remain concerning the strategy and its timing, in part because Globalfoundries is not widely thought of as an industry pace-setter.
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