Hon Hai, a major supplier of Apple Inc. (NASDAQ:AAPL)’s iPhones and iPads, announced Monday that it had acquired a 4.9 percent stake in SK C&C, a subsidiary of the SK Group, South Korea’s third largest business group, for US$376 million. Apple Inc. (NASDAQ:AAPL) stock performance was 1.03% in last session and finished the day at $92.93. Traded volume was 49.59million shares in the last session and the average volume of the stock remained 67.06million shares. The beta of the stock remained 0.93. Apple Inc. (NASDAQ:AAPL) insider ownership is 0.04%.
The slugfest at American Apparel Inc. (NYSEMKT:APP) showed no signs of calming down as ousted Chief Executive Dov Charney increased his ownership stake and the retailer’s board maneuvered to block him from retaking control. American Apparel Inc (NYSEMKT:APP) dropped -6.82 percent to $0.900 Monday on volume of 17.32million shares. The intra-day range of the stock was $0.75 to $0.94. American Apparel Inc (NYSEMKT:APP) has a market capitalization of $156.15million.
The Coca-Cola Company (NYSE:KO) Consolidated will host a ribbon-cutting ceremony at 11 a.m., July 9 to celebrate the newly renovated Coca-Cola sign along the soon-to-open Bootleggers Café, located at 467 Franklin Street in downtown Rocky Mount. The Coca-Cola Company (NYSE:KO)’s stock on June 30, 2014 reported a increase of 0.40% to the closing price of $42.36. Its fifty two weeks range is $36.83 -$42.49. The total market capitalization recorded $186.18billion. The overall volume in the last trading session was 14.07million shares. In its share capital, KO has 4.40billion outstanding shares.
Leading consumer packaged goods Company, Procter & Gamble Company (NYSE:PG) Nigeria and Women Who Win (WWW) joined hands to inspire and educate Nigerian school girls on good hygiene, healthy living and hard work on the way to womanhood. On Monday, shares of The Procter & Gamble Company (NYSE:PG) dropped -0.54% to close the day at $78.59. Company return on investment (ROI) is 11.20% and its monthly performance is recorded as -2.72%. The Procter & Gamble Company (NYSE:PG) quarterly revenue growth is -1.71%.
Chips Ahoy, a brand of Mondelēz International, Inc. (NASDAQ:MDLZ), is releasing two new offerings: birthday cake frosting and Oreo creme-filled cookies. The birthday cake flavor features confetti chips and a frosting filling, while the Oreo option is a chocolate chip cookie filled with vanilla and Oreo crème. Both flavors are sold nationwide in 9.6-oz packages at a suggested retail price of $2.99. Mondelez International Inc (NASDAQ:MDLZ) stock performance was 0.83% in last session and finished the day at $37.61. Traded volume was 7.75million shares in the last session and the average volume of the stock remained 8.02million shares. The beta of the stock remained 0.67. Mondelez International Inc (NASDAQ:MDLZ) insider ownership is 0.20%.