Apple (AAPL) Dips Below $500 Pre-Market, Lowest Since February
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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
Nokia (NOK) Outperformed Apple (AAPL) Since Sept.; Can the Momentum Last?
December 17, 2012 2:30 PM ESTNokia Oyj (NYSE: NOK) isn't the world's most popular stock, given that it struggles to stay relevant in the world's most popular tech segment. But, sometimes a little goes a long way.
If you went back to the start of September, just when Apple (Nasdaq: AAPL) was slated to release its next-generation iPhone and said short Apple and buy Nokia, you might just end up with miscellaneous garbage flying your way (depending on the company you keep, of course). Most analyst expected nothing but upside for... More
Citi Downgrades Apple (AAPL) to Neutral; Recent iPhone Order Cut Brings Demand into Question
December 17, 2012 6:37 AM ESTCiti downgraded Apple (NASDAQ: AAPL) from Buy to Neutral, lowering its price target from $675 down to $575.
The firm cautioned on slowing iPhone demand with the latest iPhone 5 launch in 40 new markets receiving mixed results. Analyst Glen Yeung said, "...near-term supply chain order cuts, while inconclusive in nature, bring into question the strength of iPhone5 and refocus... More
