JPMorgan Chase & Co. (NYSE:JPM): Current price $48.63
Jim Woolery at J.P. Morgan will become deputy chairman of the New York law firm Cadwalader, Wickersham & Taft, says the Wall Street Journal. Woolery became the bank’s co-chief of North American mergers and acquisitions in 2011.
McDonald’s Corporation (NYSE:MCD): Current price $96.28
In Canada, Tim Hortons (NYSE:THI) must face a first-time challenge from McDonald’s to its long-time supremacy as the country’s premier spot for coffee and doughnuts, according to the Globe and Mail, which reported that the company’s franchisees were once guaranteed success and hearty profits, but its coffee business is now under attack.
Microsoft Corporation (NASDAQ:MSFT): Current price $27.75
Nokia Chief Executive Stephen Elop has admitted that his company’s Lumia devices, which are powered by Microsoft’s Windows Phone OS, still should move to lower price points to effectively rival the lowest end of the Android (NASDAQ:GOOG) market, said AllThingsD.
Pfizer is looking to create additional alliances in China so as to help offset shrinking margins, says the Wall Street Journal. Wu Xiaobing, the firm’s country manager for China, says that he’s searching out partnerships in the research, manufacturing and marketing of drugs.
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