Here are just some of the stocks the Yahoo Finance team will be watching for you today:
We're watching Apple (AAPL) shares after The Wall Street Journal reported the company is in talks with Comcast (CMCSA), the nation's largest cable company, to provide streaming television service through set-top boxes that would bypass web congestion. The service would reportedly include live and on-demand programming, as well as videos stored in the cloud. Apple had reportedly been in talks with Time Warner Cable (TWC) earlier this year for a set-top box of its own that would also bypass web congestion. In February, Comcast agreed to takeover Time Warner Cable.
We're also watching Microsoft (MSFT) on news that it's $7.4 billion dollar deal to acquire Nokia's (NOK) phone business will be delayed for at least another month. The Redmond, Wash. tech giant is continuing talks with Asian regulators over the deal and some analysts believe the delay could result in more concessions by Microsoft.
Cisco (CSCO) has announced it is making a big bet on the cloud. The network hardware company says it will commit $1 billion over the next two years to build data centers that will power a new service it is calling simply, “Cisco Cloud Services.” The current leader in the space, Amazon Web Services (AMZN) is, by some estimates, five times the size of it's closest competitor. Cisco President Rob Lloyd told the Wall Street Journal his company's investment is not a play at competing with Amazon head to head.
Coca-Cola (KO) is under a little pressure from one of its more noteworthy investors. The CEO and founder of Wintergreen Advisers, David Winters, sent a letter to Coke's board and shareholders, and separate letter to Coke shareholder Warren Buffett, criticizing the company's compensation plans. Winters said the issuance of 340 million shares in compensation would be taking $13 billion from shareholders and giving it to executives. Winters said the plan "will significantly erode the per-share value of Coke shares." Warren Buffett is the largest shareholder of Coca-Cola stock with a 9.1% stake in the company. Wintergreen owns more than 2.5 million shares of Coca Cola and is also a large shareholder in Buffett's Berkshire Hathaway.
Which brings us to today's poll question. How do you think Coca-Cola's executive compensation plan will impact the stock and shareholders? Vote in our poll and leave a comment below.
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