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Walmart (NYSE: WMT) $50.88. Today announced that it will create more than 22,000 jobs in 2009 to staff new or expanded stores in the United States. The company is hiring for a number of positions including store management, pharmacists, human resource managers, customer service associates, cashiers and sales associates among others.
"During this difficult economic time, we're proud to be able to create quality jobs for thousands of Americans this year," said Eduardo Castro-Wright, vice chairman of Wal-Mart Stores, Inc. "At Walmart, we offer competitive pay and benefits and real opportunities for our associates to advance and build careers. Job creation is just one way in which we're working hard every day to help people across this country live better."
Last October, Walmart announced plans to open 142 to 157 new or expanded stores during the 2010 fiscal year in the United States.
What They Do: Wal-Mart Stores serves customers and members more than 200 million times per week at more than 7,900 retail units under 55 different banners in 15 countries.
Intel Corporation (Nasdaq: INTC) $15.94. Today announced it has entered into a definitive agreement to acquire Wind River Systems Inc, under which Intel will acquire all outstanding Wind River common stock for $11.50 per share in cash, or approximately $884 million in the aggregate. Wind River is a leading software vendor in embedded devices, and will become part of Intel's strategy to grow its processor and software presence outside the traditional PC and server market segments into embedded systems and mobile handheld devices. Wind River will become a wholly owned subsidiary of Intel and continue with its current business model of supplying leading-edge products and services to its customers worldwide.
What They Do: Intel is the world leader in silicon innovation, develops technologies, products and initiatives to continually advance how people work and live.
Teekay Corporation (NYSE: TK) $15.55. Today announced that its Board of Directors has declared a cash dividend on its common stock of $0.31625 per share, payable on July 24, 2009 to all shareholders of record as at July 10, 2009. In addition, the Company will host a conference call today at 10:00 a.m. (ET) to discuss the results for the fourth quarter and fiscal year 2008.
What They Do: Teekay Corporation transports more than 10 percent of the world's seaborne oil, has built a significant presence in the liquefied natural gas shipping sector through its publicly-listed subsidiary, Teekay LNG Partners L.P.
Sycamore Networks (Nasdaq: SCMR) $3.18. Today announced its financial results for the third quarter ended April 25, 2009. Revenue for the third quarter of fiscal 2009 was $23.0 million, compared with $21.0 million for the third quarter of fiscal 2008.
Net loss for the third quarter of fiscal 2009, on a generally accepted accounting principles (“GAAP”) basis, was $2.7 million, or $0.01 per share, compared with net loss of $2.7 million, or $0.01 per share for the third quarter of fiscal 2008.
What They Do: Sycamore Networks is a leading provider of intelligent bandwidth management solutions for fixed line and mobile network operators worldwide.
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