To help IT organizations make better, more informed purchasing decisions and ensure optimal performance for their cloud applications, Intel Corporation (NASDAQ:INTC) is teaming with 16 leading cloud service providers (CSPs) around the world to introduce the “Intel Cloud Technology” program. Intel Corporation (NASDAQ:INTC) stock opened at $26.72 in last session, and closed at $26.67, while the day range of stock is $26.61 – $27.12. The stock showed a positive weekly performance of 4.88%.
One week after discount retailer Loehmann’s started liquidating its inventory and Macy’s announced it is eliminating 2,500 jobs there’s word that J.C. Penney Company, Inc. (NYSE:JCP) is cutting 2,000 jobs and closing 33 stores. J.C. Penney Company, Inc. (NYSE:JCP) stock opened at $7.00, in last session and closed at $7.01, by gaining 1.15%. The 52 week range of the stock is $6.24 – $23.10. Company’s market capitalization is $2.14 billion.
Best Buy Co., Inc. (NYSE:BBY) said Thursday that a key sales barometer fell during the holiday shopping season, stung partly by weakness in the U.S. and a retail environment heavy on promotions. Best Buy Co., Inc. (NYSE:BBY) stock advanced 1.40% and finished the last session at $37.57. Company’s market capitalization is $13.00 billion.
Nokia’s first big-screened Lumia seems like a “me-too” product. Sensing that Android manufacturers have been making huge profits with such devices, they want in on the action. Luckily, both Microsoft and Nokia Corporation (ADR) (NYSE:NOK) have been able to tweak their software and hardware manufacturing well in time to catch this wave. Nokia Corporation (ADR) (NYSE:NOK) stock opened the session at $7.98, and closed the session at $7.99. The 52 week range of the stock remained $3.02 – $8.20 and the day range was $7.95 – $8.02.