Boston, MA 02/03/2014 (wallstreetpr) – JPMorgan Chase & Co. (NYSE:JPM)’s so-called New Skills at Work program is breaking new grounds at a very fast pace. The company’s CEO Jamie Dimon has said that a deal with White House is in the offing and that would be a milestone in the efforts to bridge skills gap. JPM has set aside about $250 million towards helping people attain relevant skills required by employers. Essentially this program seeks to address the unemployment problem and more so where people are not able to meet the skill levels needed in available openings. JPMorgan Chase & Co. (NYSE:JPM) lost 64 cents of its market value to $55.36 on Friday.
Apple Inc. (NASDAQ:AAPL) has kept a tight lid on iWatch and much of news around the device are designated as leaks. This week starts with rumors that the company has already patented iWatch trademark in several countries including Mexico, Taiwan and Japan. Furthermore, the company is rumored to be considering alternative charging for the device such as motion and solar. The device would be charged in motion as the user swings the hand wearing iWatch. The device might also feature a technology that allows solar charging during the day. Apple Inc’s rumored iWatch has generated a lot of interest and investors hope that it would be the answer to Samsung’s Galaxy Gear. Apple Inc (NASDAQ:AAPL) gained 82 cents to $500.60 on Friday.
Applied Materials, Inc. (NASDAQ:AMAT) has presented various awards to its top suppliers. The company identified suppliers who have helped it to attain its strategic business goals in 2013. Seven supplier companies were present by different awards at the annual Executive Supplier Forum. This year’s awards identified outstanding achievers in areas of operational performance in the category of quality, deliver, technology and cost. Then Applied Materials, Inc. (NASDAQ:AMAT) also recognized suppliers on the basis of commitment to collaboration and sustainable business practices. The stock of AMAT zoomed 0.24 percent to $16.82 per share on Friday.
