Investors Now Willing to Risk More with Google (GOOG) Versus Apple (AAPL)
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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
- One killed, three injured when man attacks Swedish school with sword
- Morgan Stanley course-corrects their semiconductor equipment outlook on demand
Citi Cuts Target on Apple (AAPL) to $480; Says Street Too High on iPad, iPhone 5 Numbers
March 6, 2013 9:06 AM ESTApple (Nasdaq: AAPL) received a downgrade from Barenberg earlier today, but that's not the only firm taking a more cautious stance on the globe's... More
Apple's (AAPL) Cook Said to Meet with Beats Over Streaming-Music Service
March 6, 2013 7:53 AM ESTNothing 'beats' a good music partnership. But, you don't have to tell that to Apple (Nasdaq: AAPL) CEO Tim Cook.
According to Reuters, Cook recently held talks with Beats Electronics LLC over a potential music-streaming service.
Cook,... More
UPDATE: Berenberg Downgrades Apple (AAPL) from Buy to Sell, Smartphone Investment Dead
March 6, 2013 7:41 AM EST(Updated - March 6, 2013 8:59 AM EST)
Berenberg downgraded Apple (NASDAQ: AAPL) from Buy to Sell. Analyst Adnaan Ahmad said that smartphone investment is dead. The analyst also cut his rating on Samsung.
"The smartphone investment of the past three years is now a smartphone trade. This is... More
Google (GOOG) Aims to Push Amazon (AMZN) Prime Down to Secondary
March 5, 2013 9:16 AM ESTFor those that have used it, Amazon.com's (Nasdaq: AMZN) Amazon Prime is a pretty decent service. For about $80 per year, you get free two-day shipping, streaming movies and TV, and an eBook lending library if you own a Kindle. That kind of offering has... More
An iWatch Could Be Big Business for Apple (AAPL)
March 4, 2013 12:31 PM ESTOnlookers have laughed off Apple's (Nasdaq: AAPL) possible iWatch product as somewhat of a joke - at least in terms of what benefit it will have for the company. However, what these critics fail to realize is that watches are BIG business with amazing profit margins.
According to a research report from Citigroup today, the global watch industry will generate more than $60 billion of sales in 2013 and will grow at least +7-9% in 2013. If smart... More
