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Fly News Breaks for March 10, 2015
AAPL, FOSL
Mar 10, 2015 | 07:26 EDT
Jefferies recommends using the Apple Watch related pullback in shares of Fossil (FOSL) as a buying opportunity. The firm says that while the Watch is well designed, it continues to believe the Apple's (AAPL) threat to traditional watchmakers is overstated. It keeps a Buy rating on Fossil with a $130 price target.
News For FOSL;AAPL From the Last 2 Days
AAPL
May 2, 2024 | 17:22 EDT
Plans for annual dividend increases going forward.
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AAPL
May 2, 2024 | 16:32 EDT
Apple CEO Tim Cook said, "Today Apple is reporting revenue of $90.8 billion for the March quarter, including an all-time revenue record in Services. During the quarter, we were thrilled to launch Apple Vision Pro and to show the world the potential that spatial computing unlocks. We're also looking forward to an exciting product announcement next week and an incredible Worldwide Developers Conference next month. As always, we are focused on providing the very best products and services for our customers, and doing so while living up to the core values that drive us."
AAPL
May 2, 2024 | 16:31 EDT
Apple's board has declared a cash dividend of 25c per share of the company's common stock, an increase of 4%. The dividend is payable on May 16, to shareholders of record as of the close of business on May 13. The board also authorized an additional program to repurchase up to $110B of the company's common stock.
AAPL
May 2, 2024 | 16:30 EDT
Reports Q2 revenue $90.8B, consensus $90.01B.
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May 2, 2024 | 11:47 EDT
Apple (AAPL) is scheduled to report results of the second fiscal quarter of FY24 after the market close on Thursday, May 2, with a conference call scheduled for 5:00 pm ET. What to watch... To see the rest of the story go to thefly.com. See Story Here
AAPL
May 2, 2024 | 10:18 EDT
BofA lowered the firm's price target on Qorvo (QRVO) to $100 from $110 and keeps an Underperform rating on the shares. The firm lowered its calendar year 2024 and 2025 pro-forma EPS estimates by 19% and 21%, respectively, though it notes "on the positive side" that Qorvo expects to gain content in Apple's (AAPL) next iPhone 16 and says the company's upcoming analyst day on June 11 "could be the next positive catalyst" for Qorvo shares.
AAPL
May 2, 2024 | 07:48 EDT
Needham lowered the firm's price target on Qorvo (QRVO) to $110 from $125 but keeps a Buy rating on the shares. The company's Q4 results were "strong" but its outlook was "underwhelming", the analyst tells investors in a research note. The FY25 guide was either conservative or it assumes softer than expected unit shipments at Apple (AAPL) given the company's expected content gains, the firm added.
AAPL
May 2, 2024 | 07:16 EDT
Susquehanna lowered the firm's price target on Qorvo (QRVO) to $95 from $100 and keeps a Neutral rating on the shares. The firm said the weaker guidance reflects greater Apple (AAPL) seasonality but management may have tempered growth expectations for this year, or perhaps are just being conservative.
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