According to a report published in the Wall Street Journal, sources familiar with the situation said that Apple Inc. (NASDAQ: AAPL) was working with component manufacturers in Asia to test out designs for its highly anticipated product — television set.
Continue reading Apple Testing Designs for Large-Screen High-Definition TVs (AAPL, GOOG)
Shares of Zogenix Inc. (NASDAQ: ZGNX), a pharmaceutical company which focuses on treatment related to central nervous disorder and pain, plummeted 46 percent on Monday after the Company revealed that Food and Drug Administration’s advisory committee voted against the application for approval of a pain treatment.
Continue reading Major Movers on December 10; ZGNX, CLDX, CBMX, MCD, HPQ, AAPL
Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) shares plummeted nearly 14 percent on Wednesday after the company announced that it will acquire Plains Exploration & Production (NYSE: PXP) and McMoRan Exploration (NYSE: MMR) in two separate deals estimated at $9 billion both in cash and stocks, as the company looks to expand its traction in energy sector. The deal would create a company with gold, oil and natural gas assets across the world.
Continue reading Major Movers on December 5; FCX, PXP, MMR, AAPL, C, MFRM, P, CHTP
Facebook Inc. (NASDAQ: FB) leaped 6.59% on Friday after the social networking giant announced that it has added a new feature which would allow its users to send gifts to their friends. With gift giving season around the corner, FB’s latest feature could not have come at a better time. Facebook’s new feature has been built by software developer Karma, which was acquired by FB in May.
Continue reading Major Gainers and Losers on September 28; FB, MDRX, GMED, ACN, ADTN, AAPL, CT, GPN
California-based technology, Apple Inc. (NASDAQ: AAPL), today, began selling its new iPhone 5 at its stores in the U.S., Canada, Australia, Japan, Hong Kong, Singapore, Britain, France and Germany today.
The following stocks were active in after-hours trading on Monday, September 17, 2012.
Continue reading After Market Movers on September 17; DOLE, AMD, HNI, AUO, AAPL, BAC, INTC
Social gaming company Zynga Inc.’s (NASDAQ: ZNGA) FarmVille became so popular after its launch on Facebook’s (NASDAQ: FB) platform that it threatened bigger and well established rivals in the gaming industry; nonetheless, it began to struggle after the advent of Apple Inc.’s (NASDAQ: AAPL) iPad as more and more users started to play games on smartphones.
Shares of Yelp Inc. (NYSE: YELP) rose sharply on Thursday following reports that technology giant Apple Inc. (NASDAQ: AAPL) intends to include the website into its new mapping application.
Continue reading Yelp Shares Rise Sharply (YELP, AAPL, FB, ZNGA, LNKD)
Apple Inc.’s (NASDAQ: AAPL) iPad Trademark dispute has been finally resolved. The tech giant has settled the dispute for $60 million. Proview Technology, an almost bankrupt Chinese Company and a unit of Hong Kong listed Proview International Holding Limited, had disputed over an ownership of name which Apple uses it for globally acclaimed tablets.
Continue reading Apple Settles iPad Trademark Dispute (AAPL)
Technology giant Apple Inc. (NASDAQ: AAPL) kicked off its annual developers conference today by unveiling an ultra-thin Macbook Pro.
Continue reading Apple Unveils Ultra-Thin Macbook Pro (AAPL)