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Stock Market & Financial Investment News

News Breaks
June 24, 2014
12:32 EDTAAPLApple advances after analyst says consumer survey looks positive
Shares of Apple (AAPL) are rising slightly after RBC Capital wrote that consumer demand for the company's upcoming iPhone 6 appears to be "solid." WHAT'S NEW: After RBC Capital surveyed consumers, analyst Amit Daryanani wrote that nearly 50% of the consumers who plan to upgrade their phones plan to buy an iPhone within the next three months. Also positive for Apple, given the reports that its iPhone 6 will reportedly be bigger than its predecessors, is that 35% of those who are not looking to buy an iPhone would do so if it is larger than the current models. Moreover, 26% of consumers would pay $299 for a 5.5 inch iPhone, the analyst stated. Apple currently charges $199 for its latest, most advanced iPhone, the iPhone 5S, which has a 4 inch screen. Apple could benefit significantly from its launch of the iPhone 6, according to Daryanani, who kept a $100 price target and Outperform rating on the shares. WHAT'S NOTABLE: Apple's China-based suppliers are slated to begin mass producing the largest iPhones ever made next month, Bloomberg reported this morning. One model is expected to have a 5.5 inch display and another device is expected to have a 4.7 inch display, the news service stated. PRICE ACTION: In early afternoon trading, Apple rose 81c, or 0.9% to $91.64.
News For AAPL From The Last 14 Days
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May 15, 2015
10:23 EDTAAPLQuanta says Apple Watch yield rate no longer an issue, DigiTimes reports
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09:37 EDTAAPLActive equity options trading on open
Active equity options trading on open: AAPL TWTR TSLA NFLX FB
May 14, 2015
19:11 EDTAAPLApple job listing hints at map service overhaul
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18:39 EDTAAPLApple, others raise objections to sale of RadioShack customer data, Law360 says
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17:36 EDTAAPLApple responds to rumored HomeKit delay, says first device next month, WSJ says
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17:17 EDTAAPLApple submits patent application to expand 'home button' features
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16:00 EDTAAPLOptions Update; May 14, 2015
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14:04 EDTAAPLApple delays launch of HomeKit to early fall, Fortune reports
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09:34 EDTAAPLActive equity options trading on open
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07:34 EDTAAPLApple search volume continues to surge in China, says UBS
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06:29 EDTAAPLApple Music to have deep social integration for artists, 9to5Mac reports
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06:17 EDTAAPLApple plans expansion of key Irish plant, Irish Independent reports
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06:16 EDTAAPLApple and A123 prepare to settle employee-poaching lawsuit, WSJ reports
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May 13, 2015
16:06 EDTAAPLOptions Update; May 13, 2015
iPath S&P 500 VIX Short-Term Futures down 38c to 20.67. Option volume leaders: AAPL CSCO NTI FB CSX BABA EIX BAC DD WMB TSLA JCP QCOM DAL
13:15 EDTAAPLInquirer discusses recent Apple for BlackBerry takeover rumors
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09:39 EDTAAPLActive equity options trading on open
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07:52 EDTAAPLApple Watch margins will grow to over 50%, says UBS
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07:03 EDTAAPLNext iPhone to feature 12 MP camera, be offered in rose gold, AppleInsider says
For its next iPhone 6 model, Apple will offer a new rose gold option, according to KGI Securities analyst Ming-Chi Kuo, who did not make clear whether the luxury model would be made of actual gold or if it will simply resemble the color of the high-end Apple Watch Edition, reported AppleInsider. Kuo also said Apple will upgrade the camera to 12 megapixels and suggested that some "Plus" models may use scratch-resistant sapphire covers, though that is dependent on success in testing, the report added. Reference Link
06:55 EDTAAPLInsiders speculate bidding war to erupt over AOL, Business Insider reports
The consensus speculation from investment bankers, hedge fund traders and people close to AOL (AOL) is that another company will emerge and offer a price for AOL that is higher than $50 per share, reports Business Insider. The potential suitors include Time Warner (TWX), Comcast (CMCSA), Yahoo (YHOO), Alibaba (BABA), Softbank (SFTBF), AT&T (T), Netflix (NFLX) and Apple (AAPL). Reference Link
05:55 EDTAAPLTSMC awarded orders for SSD controller chips for Apple, DigiTimes reports
TSMC (TSM) has landed SSD controller chip orders from Apple, reports DigiTimes. According to industry sources, TSMC will utilize a 28nm process to fabricate controller cihps for Apple. Reference Link
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