Author: williams

  • DOW Gainers: McDonald’s Corporation (NYSE:MCD), Wal-Mart Stores (NYSE:WMT), Procter & Gamble Company (NYSE:PG), Nike Inc (NYSE:NKE), International Business Machines (NYSE:IBM)

    McDonald Corporation (NYSE:MCD)’s plans to return as much as $20 billion to shareholders by 2016 through dividends and share buybacks, as much as 20 percent more than in the previous two years, the Illinois-based company said in a May 28 statement. Chief Financial Officer Pete Bensen said in March the company can “probably get more aggressive,” with its borrowing and still retain its credit rating. McDonald’s Corporation (NYSE:MCD) stock opened today at $101.36 and is currently trading at $102.17. The stock showed a negative weekly performance of -0.09%.

    Wal-Mart Stores Inc. (NYSE:WMT) spokesman Dan Toporek said the company blocked tvboxnow.com, a website the Alliance report found received its ads. Toporek said the Walmart logo may have been used by a third party that wasn’t so careful. Wal-Mart Stores, Inc. (NYSE:WMT) stock opened at $76.60, in current trading session and currently is at $77.13, by gaining 0.55%. The 52 week range of $71.51 – $81.37. Company’s market capitalization is $249.36 billion.

    The Procter & Gamble Company (NYSE:PG) CEO Alan G. Lafley sold 100,000 shares of the stock in a transaction dated Monday, June 2nd. The stock was sold at an average price of $80.44, for a total value of $8,044,000.00. Following the completion of the sale, the chief executive officer now directly owns 636,412 shares in the company, valued at approximately $51,192,981. The Procter & Gamble Company (NYSE:PG) stock is currently trading at $ 79.93. The EPS of the stock is 3.71. Company’s market capitalization is $ 216.29 billion.

    Nike, Inc. (NYSE:NKE) announced a number of general management changes within key Geographies and Categories across its global business. The changes are designed to continue to drive the company’s global growth while further strengthening and diversifying its leadership bench. Nike Inc (NYSE:NKE) stock opened the session at $ 75.44, and now is at $75.94. The 52 week range of the stock remained $59.11 – $80.26 and the day range was $75.42 – $76.05.

    International Business Machines Corp. (NYSE:IBM) announced the opening of a new SoftLayer data center in Hong Kong to meet growing customer demand for its cloud-based IT services. The data center is the first of 15 new data centers that the company will open as part of a $1.2B dollar investment to strengthen and extend IBM cloud services in Asia and around the world. International Business Machines Corp. (NYSE:IBM) stock opened today at $184.71 and is currently trading at $184.59. The stock showed a negative weekly performance of -0.22%.