Buffett's Berkshire boosts American, Southwest airline bets; sheds Fox

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Wells Fargo Maintains Market Perform Rating and $140 PT on Apple (AAPL) on Potential Impact from Qualcomm's (QCOM) Litigation Against Contract Manfacturers

May 17, 2017 11:51 AM EDT

Wells Fargo maintains Market Perform rating and $140 price target on Apple (NASDAQ: AAPL) following announcement that Qualcomm (NASDAQ: QCOM) filed a complaint against Foxconn, Pegatron, Wistron, and Compal four manufacturers of Apples iPhones and iPads for breaching its... More

American Airlines (AAL) EVP & Chief Integration Office, Ben Goulet to Reitre

May 17, 2017 11:04 AM EDT

American Airlines announced today that Bev Goulet, Executive Vice President and Chief Integration Officer, will retire in June after 24 years with the company.

Everyone at American Airlines has been positively impacted by the contributions of Bev Goulet, both today and into the future, said Chairman and CEO Doug Parker. In addition to her important work heading Corporate Development and Treasury, Bev was Chief Restructuring Officer for the industrys most successful restructuring and Chief Integration Officer for the most seamless integration of two airlines in commercial aviation history. All of us who have worked with Bev are better people for... More

Apple (AAPL) Assembles First iPhones in India - WSJ

May 17, 2017 7:04 AM EDT

Wall Street Journal reporters Rajesh Roy, Newly Purnell and Tripp Mickle note that Apple (NASDAQ: AAPL) has completed production of it's first iPhone in India, as the company looks to enter the fast-growing market.

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IBM (IBM) Secures $700M Agreement with Bombardier to Accelerate IT Business Transformation

May 17, 2017 6:11 AM EDT

IBM (IBM) announced today that it reached a long-term partnership agreement with Bombardier to provide support for the global integration of Information Technology services across Bombardier Transportation and the Company's aerospace segments.

"As part of our turnaround plan, Bombardier is working to improve productivity, reduce costs and grow... More

Apple (AAPL) PT Raised to $180 at Canaccord Genuity; 'Anticipate Strong 2018 iPhone Sales'

May 16, 2017 9:03 AM EDT

Canaccord Genuity raised its price target on Apple (NASDAQ: AAPL) to $180.00 (from $165.00) while maintaining a Buy rating, following a company update and outlook on September product launch.

Analyst T. Michael Walkley increases his price target and 2018 iPhone estimates, noting expectations for a strong... More