McAfee, a wholly owned subsidiary of Intel Corporation (NASDAQ:INTC) announced the appointment of John Giamatteo as senior vice president and general manager of the McAfee consumer business. Giamatteo will play a key role in bringing new products to market. He joins McAfee from AVG where he served as chief operating officer. Giamatteo was selected given his global industry experience and hands-on consumer security leadership. Intel Corporation (NASDAQ:INTC) stock opened at $25.36 in last trading session, and closed at $25.85, trading in the range of $25.25 – $25.86. The stock showed a positive weekly performance of 1.25%.
Susquehanna upgraded shares of American Express Company (NYSE:AXP) from a neutral rating to a positive rating in a report issued on Friday, TheFlyOnTheWall.com reports. They currently have $107.00 target price on the stock, up from their previous target price of $90.00. American Express Company (NYSE:AXP) stock rose 3.63% and finished the last session at $90.97. The EPS of the stock remained 4.88. Company’s market capitalization is $96.79 billion.
Boeing and General Electric Company (NYSE:GE) announce order for 20 737 MAXs and 20 Next-Generation 737s (BA) : Boeing (BA) and GE Capital Aviation Services, the commercial aircraft leasing and financing arm of General Electric Company (NYSE:GE), announce an order for 40 737s. The order, valued at $3.9 billion at list prices, consists of 20 737 MAX 8s and 20 Next-Generation 737-800s. The order, booked in 2013, was previously attributed to an unidentified customer on Boeing’s Orders and Deliveries website. General Electric Company (NYSE:GE) shares closed at $26.58 on last trade day, by losing -2.28%. Stock 52 week range is $21.11 – $28.09. Company’s market capitalization is $268.92 billion.
Schlumberger Limited. (NYSE:SLB) predicted another year of strong global demand as the world’s biggest oil and gas services company by market value delivered an 8 per cent rise in annual revenues and a sharp rise in profits. The US-listed company, which secures about two-thirds of its turnover outside North America, narrowly beat fourth-quarter expectations on underlying earnings per share as it reported a rise in annual net income of about a quarter from $5.5bn to $6.7bn. Schlumberger Limited. (NYSE:SLB) stock opened at $89.81 in last trading session and closed at $90.21. The 52 week range of the stock is $69.08 – $94.91 and the day range was $88.00 – $90.41.