Stock Focus: Apple Inc (NASDAQ AAPL) To Open 25 Stores In China By 2016
Apple Inc (NASDAQ AAPL)’s chief executive officer Tim Cook confirmed his company’s plans to open up 25 retail stores in China within the next 2 years. The iPhone maker already earns 15 percent of it’s total revenue from China. China currently has 15 outlet stores. During a recent fourth quarter earnings call, Cook elaborated, “We’re investing like crazy in the market. When I look at … Continue reading Stock Focus: Apple Inc (NASDAQ AAPL) To Open 25 Stores In China By 2016
Stock in News: Google Inc (NASDAQ GOOG) Acquires Two UK-based Startups
Google Inc (NASDAQ GOOG) is expanding on its artificial intelligence firm. The tech giant recently purchase two more U.K. based startups. The acquired companies include Dark Blue Labs and Vision Factory as well as seven top researchers. These companies will join DeepMind artificial intelligence research company, which was acquired by Google earlier this year. DeepMind’s co-founder Demis Hassabis explained, “We are thrilled to welcome these … Continue reading Stock in News: Google Inc (NASDAQ GOOG) Acquires Two UK-based Startups
Active Stock: Facebook (NASDAQ FB) Breaking New Messaging Grounds
Facebook Inc (NASDAQ FB) has no shortage of ways to connect with others over all its properties. Messenger, and WhatsApp cover a great deal in this arena. Slingshot is quite good for group messages and Instagram is designed to share photos and have conversations anonymously. So it could be argued that Rooms is unnecessary but Facebook disagrees. Rooms is almost reminiscent of the bulletin boards … Continue reading Active Stock: Facebook (NASDAQ FB) Breaking New Messaging Grounds
Uncertain Times: Navigating the Wild World of Inflation
I always love to talk about personal finance with my friends and family. And as a wise man once told me 😉, “Personal finance is like a box of chocolates; you never know what you’re going to get.” But recently, the same word keeps coming up repeatedly: “inflation”… A compelling fact is that my $100 bill from three years ago has now shrunk to more … Continue reading Uncertain Times: Navigating the Wild World of Inflation
ResMed Sees Impressive Growth in Q3
ResMed delivered another impressive performance in the third quarter of fiscal 2013. Revenue rose 10% to USD 384 million, operating income increased 26% to USD 96.1 million and net income was 31% higher at USD 84.9 million. Diluted earnings per share rose 32% to USD 0.58 and over the nine months to 31 March 2013 are 36% higher than in the corresponding nine months in … Continue reading ResMed Sees Impressive Growth in Q3
Stocks to Watch : Zogenix, Inc. (NASDAQ:ZGNX), Morgan Stanley (NYSE:MS), China Biologic Products, Inc. (NASDAQ:CBPO), Resonant Inc. (NASDAQ:RESN), Arbor Realty Trust Inc. (NYSE:ABR)
Zogenix Inc. (NASDAQ: ZGNX) has submitted its supplemental new drug application (sNDA) with the U.S. Food and Drug Administration, we have seen some analyst commentary that is worth noting. Oppenheimer’s Akiva Felt and Angad Verma have issued their report. The official rating remains as Outperform, but what stands out here is that the $2.50 price target implies that Zogenix can more than double from the … Continue reading Stocks to Watch : Zogenix, Inc. (NASDAQ:ZGNX), Morgan Stanley (NYSE:MS), China Biologic Products, Inc. (NASDAQ:CBPO), Resonant Inc. (NASDAQ:RESN), Arbor Realty Trust Inc. (NYSE:ABR)
