Wal-Mart Awaits India Opening and 2 Dow Movers to Track
AT&T Inc. (NYSE:T) is one of the companies that has spent big bucks launching new networks with the promise of extremely fast Web browsing speeds on mobile phones as they anticipate the arrival of the iPhone 5 (NASDAQ:AAPL). Other companies include Verizon Wireless (NYSE:VZ)(NASDAQ:VOD) and Sprint Nextel Corporation (NYSE:S). Their tech might be heavily marketed, but several networks are far from completion.
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Wal-Mart Stores, Inc. (NYSE:WMT) expects to launch its first retail stores in India within two years of the government clearing the way for international supermarket chains to come into the country via joint ventures, according to the Wall Street Journal.
Exxon Mobil Corporation (NYSE:XOM): The United States’ part of the Gulf of Mexico is poised for a boom in energy production, subsequent to the notable slump in output following the Deepwater Horizon disaster. Estimates by the consulting firm Bentek Energy have Gulf oil flows jumping by around 28 percent by 2022 to 1.8 million barrels per day, says the Wall Street Journal.
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