On Friday, Shares of Microsoft Corporation (NASDAQ:MSFT), gained 2.15% to $45.57.
Microsoft Corporation, expected launch of new smartphones this week will mark its latest stab at a winning mobile strategy. The new approach boils down to two words: Redefine success, according to WSJ.
At a media event Tuesday in New York, Microsoft plans to declare at least two high-end Lumia smartphones designed by the company and powered by its Windows software, according to people familiar with the company’s plans. The launch of new premium devices is a bid to generate buzz for Microsoft’s latest smartphone effort.
After five years of flailing with Windows smartphones, Microsoft no longer is gunning for the mass market, but grabbing for niches such as businesses, where the company hopes its smartphones will have a competitive advantage. WSJ Reports
Microsoft Corporation is engaged in developing, licensing and supporting a range of software products and services. The Company also designs and sells hardware, and delivers online advertising to the customers.
Shares of Exxon Mobil Corporation (NYSE:XOM), inclined 2.42% to $75.85, during its last trading session.
Exxon Mobil Corporation, and Chevron Corp. were among several U.S. oil and natural gas producers that had their outlooks or ratings cut by Standard & Poor’s as the industry suffers from weak crude prices, hurting their cash flow and liquidity, according to Bloomberg.
S&P cut ratings for Chesapeake Energy Corp., Denbury Resources and Whiting Petroleum Corp., while giving Exxon and Chevron “negative” outlooks, the ratings agency said Friday in a statement. Exxon “has substantially more debt than during the last cyclical commodity price trough in 2009, while upstream production and costs are at similar levels,” S&P analysts Thomas Watters and Carin Dehne-Kiley said. Bloomberg Reports
Exxon Mobil Corporation is an energy company. The Company is engaged in the exploration and production of crude oil and natural gas. The Company is involved in the manufacturing of petroleum products, and transportation and sale of crude oil, natural gas and petroleum products.
Shares of Goldcorp Inc. (USA) (NYSE:GG), inclined 7.08% to $13.00, during its last trading session.
Goldcorp, declared recently a work stoppage by miners represented by the Asociacion Obrera Minera Argentina, Province of Santa Cruz delegation at the Cerro Negro mine. A comprehensive contingency plan is in place during this shutdown of operations that will enable mining and processing to be restarted right away following the return of the workforce. Our focus is on personnel safety, environmental protection and full permit compliance.
The work stoppage began on September 30, 2015. The Company is seeking support from the Ministry of Labour at the federal level to request a conciliation period of fifteen working days during which time the parties would expect to negotiate and work towards a resolution. Assuming the request is granted, the workers would be predictable to resume work in short order while the parties meet. Goldcorp is committed to working cooperatively with employee representatives and government officials to resolve this dispute quickly.
Goldcorp Inc. (Goldcorp) is a gold producer engaged in the acquisition, exploration, development and operation of gold properties in Canada, the United States, Mexico and Central and South America.
Finally, Williams Companies Inc (NYSE:WMB), ended its last trade with 5.23% gain, and closed at $41.02.
Scotiabank lowered shares of Williams Companies (NYSE:WMB) from an outperform rating to a sector perform rating in a report released on Tuesday, AnalystRatings.Net reports. They presently have $38.00 price objective on the stock.
The business also revealed a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Thursday, September 24th were paid a $0.64 dividend. This represents a $2.56 dividend on an annualized basis and a dividend yield of 6.57%. The ex-dividend date of this dividend was Tuesday, September 22nd.
The Williams Companies, Inc. is an energy infrastructure company focused on connecting North America’s hydrocarbon resource plays to markets for natural gas, natural gas liquids (NGLs), and olefins.
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