Apple Inc. (NASDAQ:AAPL) shares swung higher on Monday as investors remained upbeat on the US tech giant in the first day of trading after a 7-for-1 stock split. Apple gained 1.5 percent to close at $93.70, still below the all-time high in September 2012 of just over $100, on a basis adjusted for Monday’s split. Michael Walkley of Canaccord Genuity said he was optimistic Apple would rally further this year as it launches the larger-screen iPhone 6. Apple Inc. (NASDAQ:AAPL) stock performance was 1.60% in last session and finished the day at $93.70. Traded volume was 75.41million shares in the last session and the average volume of the stock remained 70.11million shares. The beta of the stock remained 0.93. Apple Inc. (NASDAQ:AAPL) insider ownership is 0.04%.
U.S. meat producer Tyson Foods Inc. said it has won a bidding war for Hillshire Brands Co. (NYSE:HSH), valuing the tentative deal at US$8.55-billion. Hillshire Brands Co (NYSE:HSH) rose 5.33 percent to $62.06 Monday on volume of 36.27million shares. The intra-day range of the stock was $61.62 to $62.16. Hillshire Brands Co (NYSE:HSH) has a market capitalization of $7.61billion.
General Motors Company (NYSE:GM) declared that it is in the process of recalling 31,250 cars belonging to 2012 model year due to issues reported in their airbag’s malfunctioning during accidents. The company noted that at least one passenger has been hurt due to the issue. The recall process included models like Sonic compact cars, Camaro, Chevrolet Cruze, and GM Buick Verano. General Motors Company (NYSE:GM)’s stock on June 09, 2014 reported a decrease of -0.14% to the closing price of $36.50. Its fifty two weeks range is $31.13 -$41.85. The total market capitalization recorded $58.54billion. The overall volume in the last trading session was 10.28million shares. In its share capital, GM has 1.60billion outstanding shares.
Procter and Gamble Company (NYSE:PG) is now a household name with its several products catering the human needs across the world. It serves about 4.4 billion people globally with its trusted brands. Chairman and CEO Lafley recently estimated the company spending on advertisements, which is up to 35 percent on digital media advertising that includes online advertisement in the form of videos, social sites and mobile devices. On Monday, shares of The Procter & Gamble Company (NYSE:PG) advanced 0.07% to close the day at $80.09. Company return on investment (ROI) is 11.20% and its monthly performance is recorded as -2.52%. The Procter & Gamble Company (NYSE:PG) quarterly revenue growth is 2.80%.
Bloomberg said two more of FIFA’s biggest partners, Visa Inc and The Coca-Cola Company (NYSE:KO), have expressed concern regarding the allegations after London-based Sunday Times published the charges for a second week, citing that the World Cup bid was surprisingly won by Qatar in December 2010. The Coca-Cola Company (NYSE:KO) stock performance was -0.20% in last session and finished the day at $40.91. Traded volume was 7.32million shares in the last session and the average volume of the stock remained 14.41million shares. The beta of the stock remained 0.48. The Coca-Cola Company (NYSE:KO) insider ownership is 0.30%.