Schaeffer's Trading Floor Blog

Buzz Stocks: Facebook Inc (FB), Microsoft Corporation, Wal-Mart Stores, Inc., and United Parcel Service, Inc.

Today's stocks to watch in the news include FB, MSFT, WMT, and UPS

by 4/25/2014 9:13 AM
Stocks quoted in this article:

Escalating tensions between Ukraine and Russia are pressuring futures lower ahead of the bell. In company news, here are some stocks to watch today:

  • Despite Facebook Inc's (NASDAQ:FB) recent spending spree -- during which it has acquired WhatsApp, Oculus, and other companies -- Chief Operating Officer Sheryl Sandberg said FB remains committed to its core business. She also emphasized that its goals include making the social network's advertisements more relevant, targeting mobile users, and providing more video content. (FOX Business)

  • Microsoft Corporation (NASDAQ:MSFT) has reportedly completed its acquisition of Nokia Corporation's (ADR) (NYSE:NOK) handset business for roughly $7.5 billion. In order to secure the deal, NOK had to leave out factories in India (as previously speculated) and Korea. (Reuters)

  • Greg Foran, the CEO of Wal-Mart Stores, Inc.'s (NYSE:WMT) China-based operations, has been promoted to president and CEO of the retailer's Asia division. Meanwhile, the man he is replacing -- Scott Price -- will relocate to WMT's Bentonville, Arkansas, headquarters, where he'll assume the title of executive vice president. (Bloomberg)

  • United Parcel Service, Inc. (NYSE:UPS) has agreed to a five-year labor contract with 125,000 employees belonging to the International Brotherhood of Teamsters. The union workers will receive better pay and benefits, which will cost UPS upwards of $1 billion in pre-tax charges for the current quarter. (FOX Business)

  • Also, Visa Inc (NYSE:V),, Inc. (NASDAQ:AMZN), Ford Motor Company (NYSE:F), MSFT, and Starbucks Corporation (NASDAQ:SBUX) reported quarterly earnings. (Reuters; Forbes; USA Today; CNN; Bloomberg)

  • Finally, my beloved Buffalo Bills will play the current season without the support of their cheerleading squad, the Buffalo Jills. The company that manages the Jills has suspended operations indefinitely after five former cheerleaders filed suit against the team for unpaid hours, sexual harassment, and other grievances. (CNBC)

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