Apple Launches New Clean Energy Programs in China To Promote Low-Carbon Manufacturing and Green Growth

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Pandora (P) 3Q Hit by Apple (AAPL) Music Launch; FBR Capital Cuts Price Target to $10

October 23, 2015 9:38 AM EDT

FBR Capital maintained an Underperform rating on Pandora (NYSE: P), and cut the price target to $10.00 (from $11.00), as Apple's (NASDAQ: AAPL) Music launch negatively effected 3Q results. Pandora sees this as a temporary phenomenon that will fade as... More

Apple (AAPL) Announces New Clean Energy Initiatives in China

October 22, 2015 9:49 AM EDT

Apple (NASDAQ: AAPL) announced two new programs aimed at reducing the carbon footprint of its manufacturing partners in China. The programs will avoid over 20 million metric tons of greenhouse gas pollution in the country between now and 2020, equivalent to taking nearly 4 million passenger vehicles off the road for one year.

Apple also announced that construction on 40 megawatts of solar projects in the Sichuan Province is now complete. These solar installations produce more than the total amount of electricity used by Apples offices and retail stores in China, making Apple's operations carbon... More