Schaeffer's Trading Floor Blog

Buzz Stocks: Google Inc, BlackBerry Ltd, General Motors Company, and Barclays PLC (ADR)

Today's stocks to watch in the news include GOOG, BBRY, GM, and BCS

by 2/11/2014 8:41 AM
Stocks quoted in this article:

With newly minted Fed Chair Janet Yellen scheduled to speak this morning, the bulls are in control of pre-market trading. In company news, here are some stocks to watch today:

  • Google Inc (NASDAQ:GOOG) inked a deal with comScore, Inc. (NASDAQ:SCOR) yesterday, meaning those advertising through GOOG will soon be able to track their Internet advertisements in close to real time. Specifically, the Internet giant will integrate comScore's measurement technology -- known as Validated Campaign Essentials, or vCE -- with GOOG's own DoubleClick ad business and ad-measurement technology. (USA Today)

  • BlackBerry Ltd (NASDAQ:BBRY) has confirmed that Executive Vice President of BBM Andrew Bocking is no longer with the company. BBRY's mobile division will now fall under the jurisdiction of the Global Enterprise Solutions business unit, headed by John Sims. (TechCrunch)

  • New General Motors Company (NYSE:GM) CEO Mary Barra will receive $14.4 million in compensation this year -- a more than 60% mark-up to that of her predecessor, Dan Akerson. The compensation breaks down into a salary of $1.6 million, short-term stock incentives of $2.8 million, and another $10 million in "long-term compensation," which is likely performance-based. (Detroit Free Press)

  • Barclays PLC (ADR) (NYSE:BCS) announced this morning that it may cut as many as 12,000 positions in 2014, which amounts to roughly 8% of its workforce. The investment bank has already laid off nearly 7,700 employees as part of a wider restructuring effort meant to reduce expenses. (The New York Times)

  • Also, CVS Caremark Corporation (NYSE:CVS) and Sprint Corporation (NYSE:S) reported quarterly earnings. (Bloomberg Businessweek)

  • Finally, an irate customer allegedly fired a shot through the window of a McDonald's Corporation (NYSE:MCD) location in Grand Rapids, Mich., after receiving two incorrectly prepared hamburgers. Fortunately, no one was injured, and the suspect has since been arrested. (MLive)


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