The recent decline in the stocks of Apple Inc. (NASDAQ:AAPL) fueled individual investors to add shares in their portfolios according to brokerage firm TD Ameritrade. According to the brokerage firm, the number of investors investing in Apple Inc. (NASDAQ:AAPL) is more than ever, and this increase has been backed up by first-time buyers. Nicole Sherrod, managing director of TD Ameritrade’s Trader Group said, “Apple has always been a big favorite among clients, and in particular...
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Apple Inc. (NASDAQ:AAPL) investors who wanted to get in on the company’s increased dividend for the first quarterly payment have missed their chance if they didn’t buy the stock on Wednesday. The company announced that it would raise its dividend 15 percent to shareholders of record on Monday. However, in order to be on record Monday, the stock had to have been bought by Wednesday, according to Fortune’s Philip Elmer-DeWitt. Stock transactions don’t settle...
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There were some big movers in a mostly flat market today, May 6. The S&P 500 gained just 0.19 percent, while the Dow Jones lost 0.03 percent and Nasdaq gained 0.42 percent in today’s trading. Here’s a run down of the biggest movers including MBIA Inc. (NYSE:MBI), Groupon Inc (NASDAQ:GRPN), Bank of America Corp (NYSE:BAC), Tesla Motors Inc (NASDAQ:TSLA), and Apple Inc. (NASDAQ:AAPL). MBIA Inc. (NYSE:MBI): The biggest story on today’s market was the...
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Apple Inc. (NASDAQ:AAPL) shares are on track to hit a five-week high after gaining 15 percent since their lowest price in 16 months. The stock finally managed to top $450 per share again today—a level it hasn’t been at since sometime in late March. The Wall Street Journal contributor Tomi Kilgore noted that today’s rally was enough to push up the stock’s 50-day moving average, which is an important indicator many analysts use to...
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Apple Inc. (NASDAQ:AAPL)’s biggest problem, according to most analysts, is its gross margins. There’s no doubt that the company’s financials have been feeling the pressure, but just where is that pressure coming from? Probably not where you think. CNN Money contributor Philip Elmer-DeWitt reported on a very interesting tidbit that also has been covered by a handful of others, who he lists in his article. While it’s true that Apple Inc. (NASDAQ:AAPL)’s first calendar...
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Apple Inc. (NASDAQ:AAPL) issued $17.0 billion of bonds, the largest investment-grade corporate bond offering on record. The six-part offering includes two floating-rate notes worth $3 billion and four fixed-rate notes worth $14 billion, with maturities ranging from three to 30 years. Apple Inc. (NASDAQ:AAPL) intends to use the net proceeds for general corporate purposes including the repurchase of common stock and dividend payments related to its $60 billion share repurchase authorization and 15% dividend increase announced...
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Apple Inc. (NASDAQ:AAPL) experts have been forecasting bad news for the company’s June report, but analysts at Morgan Stanley don’t think it will be so bad after all. While some analysts believe the company will miss its June guidance, Morgan Stanley believes it will be in line or even slightly above its guidance. In a report issued to investors this week, the analysts said off-balance sheet commitments, which have a 95 percent correlation to...
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Research In Motion Ltd (NASDAQ:BBRY) (TSE:BB) has gone a long way in turning things around. In fact, the company’s stock trend is the opposite of Apple Inc. (NASDAQ:AAPL)’s over the last six months. So which stock provides better value for investors? Apple Inc. (NASDAQ:AAPL) is currently trading around $417 per share, while Research In Motion Ltd (NASDAQ:BBRY) (TSE:BB) is trading around $15 per share. Seeking Alpha contributor Gillian Mauyen believes the BlackBerry maker is...
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Apple Inc. (NASDAQ:AAPL) recently announced that it will hold its annual World Wide Developers Conference (WWDC) on June 10 -14 in San Francisco. Analysts at Barclays believe this annual event is significant as it indicates that new software and services will likely be announced within 2 months – and Apple Inc. (NASDAQ:AAPL)’s “narrative” has a chance to improve and change the focus toward new things. The conference typically focuses on the Apple Inc. (NASDAQ:AAPL)...
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Samsung Electronics Co., Ltd. (LON:BC94) (KRX:005930) reported its earnings this morning, posting record profits just in time for the launch of its new flagship handset, the Galaxy S4. The company reported a net income of 7.15 trillion won ($6.4 billion) in the first three months of the year. That’s 42 percent higher compared to the same quarter a year ago. Analysts were expecting Samsung to report net income of 6.73 trillion won. Sales were...
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Apple Inc. (NASDAQ:AAPL)’s price target has been cut significantly by analysts at J.P. Morgan in the wake of its latest earnings report. They slashed their target from $725 to $545 per share and removed the stock from the J.P. Morgan Analyst Focus List, although they have reiterated their overweight rating on the stock. Shares of Apple Inc. (NASDAQ:AAPL) initially rose after the earnings report, which was better than expected, although concerns about gross margins...
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