Bears Look for Fresh Meat in Apple (AAPL) Suppliers
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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
