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Goldman Asks Court to Dismiss Lawsuit and 2 Other Dow Movers to Watch

Goldman Sachs Group (NYSE:GS): Current price $167.06 Goldman Sachs International, an arm of Goldman Sachs Group, has requested that a court disallow the Singapore tycoon Oei Hong Leong’s lawsuit that...

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GE Lands $560M Contract in Riyadh and 2 Other Dow Movers to Watch

General Electric Co. (NYSE:GE): Current price $26.98 General Electric has won a contract worth about $560 million through which to supply Saudi Electricity Co. with gas and steam turbines for two new...

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JPMorgan & Brookings Launch the Exchange Network and 2 Other Dow Movers to Watch

JPMorgan Chase & Co. (NYSE:JPM): Current price $57.18 On Thursday, JPMorgan Chase and the Brookings Institution are launching the Exchange, which is a new network of 20 pioneering metropolitan...

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Microsoft Will Take Over Nokia Premises in Helsinki and 2 Other Dow Movers to...

Microsoft Corp. (NASDAQ:MSFT): Current price $37.41 Only two days after Nokia shareholders okayed the $7.2-billion sale to Microsoft of its devices and services arm, the former said Thursday that its...

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Pfizer Gets FDA Nod for Xalkori Lung Cancer Drug and 2 Other Dow Movers to Watch

Pfizer Inc. (NYSE:PFE): Current price $32.12 Pfizr announced Thursday that the Food and Drug Administration has awarded its Xalkori (crizotinib) regular approval for the treatment of patients suffering...

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200 General Electric Employees to Lose Their Jobs

General Electric Co. (NYSE:GE): Current price $27.00 On Thursday, General Electric announced that it will close an electrical capacitor facility in northern New York that employs around 200 persons....

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Feds Investigate Caterpillar Unit for Long Beach Offshore Dumping

Caterpillar Inc. (NYSE:CAT): Current price $82.81 According to the Wall Street Journal, a Caterpillar division is being looked at by federal investigators to decide if it has dumped train parts into...

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Microsoft Poised to Win EU Nod for Nokia Unit Purchase

Microsoft Corp. (NASDAQ:MSFT): Current price $37.52 Two sources told Reuters on Friday that Microsoft is poised to obtain unconditional EU regulatory approval for its proposed $7.3 billion takeover of...

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Disney’s Pixar Studios Lays Off Workers Following ‘The Good Dinosaur’ Delay

Walt Disney Co. (NYSE:DIS): Current price $70.03 The Los Angeles Times is reporting that Disney’s Pixar Animation Studios has laid off less than 5 percent of its 1,200-person workforce after the delay...

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Nike Unveils Its New Brazil National Home Team Kit

Nike Inc. (NYSE:NKE): Current price $78.93 On Monday in Rio de Janeiro, Nike unveiled the new Brasil National Team home kit, which will be worn by the hosts next summer. The kit combines performance...

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