Apple (AAPL) Slammed; UBS Gets More Conservative on Growth, Investors on Price
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- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
- Global yield relief evaporates as U.S. rates push back toward multi-decade peaks
- BofA's Hartnett sees dollar slump, risk selloff if bond intervention fails
- Applied Optoelectronics sets up $600M at-the-market stock offering
- Fannie Mae loses at least 10 senior executives amid departures - WSJ
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- Morgan Stanley course-corrects their semiconductor equipment outlook on demand
- One killed, three injured when man attacks Swedish school with sword
Selling in Apple (AAPL) Shares WAY Overdone, Buy Ahead of China Mobile (CHL) Deal - BofA
December 18, 2012 7:58 AM ESTApple, Inc. (Nasdaq: AAPL) shares are ticking higher Tuesday morning as Bank of America/Merrill Lynch (BAML) is getting bullish on the stock.
BAML said the recent selloff in Apple shares is overdone. Looking at valuation, it appears that the... More
Notable ETF Movers of the Day 12/14: (XME) (KOL) Higher; (XLK) Lower
December 14, 2012 1:37 PM ESTGainers:
SPDR S&P Metals & Mining (NYSE: XME) gained 1.75 percent to 44.6. The rally was fueled by positive data out of manufacturing powerhouse, China. HSBC's preliminary China Purchasing Managers Index for December showed... More
Apple (AAPL) Cuts Component Order, Jefferies Says; Suppliers Hit (QCOM) (SWKS) (AVGO) (CRUS) (TQNT)
December 14, 2012 10:57 AM ESTApple (NASDAQ: AAPL) is under heavy pressure Friday, but some suppliers are even weaker as word spreads component suppliers have received order cuts. This comes from Jefferies' analyst Peter Misek.
According to Misek, Apple component suppliers have received order cuts in the last 24-48 hours, although he believe assembly orders remain unchanged.
"Our checks indicate the builds at the assemblers (Hon Hai, Pegatron, Jabil) have remained constant since then.... More
