P&G INKS India Deal and 3 Dow Stocks Catch Eyes
Microsoft Corporation (NASDAQ:MSFT): Worldwide shipments of white-box tablet PCs are now projected to reach 40 million units during the current year, which is up from the original forecast of 30 million, against rising demand in emerging markets which is driving the charge, according to Digitimes.
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Procter & Gamble Co. (NYSE:PG) and Teva Pharmaceutical Industries (NASDAQ:TEVA) will establish a joint venture in India, and construct its first manufacturing facility there, reports the State of Gujarat’s Commissioner for Food and Drug Control Administration H G Kohsia, according to The Economic Times.
Wal-Mart Stores Inc. (NYSE:WMT): Sources to Bloomberg confirm that firms would have to divulge whether they acquire metals from central African warlords, under the so-called conflict minerals rule the Securities and Exchange Commission is poised to adopt in August.
Exxon Mobil Corporation (NYSE:XOM): Cnooc’s (NYSE:CEO) proposed $15.1 billion acquisition of Nexen, Inc. (NYSE:NXY) is probably only the beginning for China’s other state-controlled oil and natural gas companies to search out their own deals, as pressure increases for them to add reserves, say industry observers to The Wall Street Journal.
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