Company News for May 12, 2010 – Corporate Summary

Filed in ceo, Gold Investing, silver by on May 12, 2010 0 Comments

• Justice Department prosecutors are reputedly investigating whether Morgan Stanley (NYSE:MS) misled investors on certain mortgage derivatives it helped create • Disney (NYSE:DIS) posted fiscal second quarter interims of 48 cents after the close Tuesday, two cents above projections on revenues of $8.58 billion, which topped estimates of $8.39 billion • Microsoft (NASDAQ:MSFT) launched an updated version of Office • Starbucks (NASDAQ:SBUX) launched its second coffee brand: Seattle’s Best Coffee • AIG (NYSE:AIG) is in talks to restructure its $35.5 billion deal to sell its Asian life insurance operation to Prudential PLC (NYSE:PRU) • Verizon (NYSE:VZ) CEO advised the company is working with Google (NASDAQ:GOOG) on a tablet computer • Macy’s (NYSE:M) reported first quarter results of 5 cents, a one-penny beat, on revenues of $5.6 billion, which topped estimates of $5.5 billion Zacks Investment Research

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Company News for May 12, 2010 – Corporate Summary

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