Apple Inc (NASDAQ AAPL)’s anticipated 27 inch iMac with Retina Display is set to launch during media event in October. Jack March, citing an unnamed source, claimed the larger iMac would receive the upgrade. The larger iMac computer will feature a 5K screen resolution with 5,120 by 2,880. This is double the current resolution of…
JPMorgan Chase & Co. (NYSE:JPM) lost a bid to block buyers of $10 billion worth of residential mortgage-backed securities it packaged in 2007 to proceed as a group with their lawsuit alleging the bank misled them. U.S. District Judge J. Paul Oetken in Manhattan today ruled that the claims of investors in nine separate offerings…
Nike, Inc. (NYSE:NKE) reported first quarter EPS of $1.09 after the close Thursday, up from $0.86 in the prior year period. The consensus estimate was for EPS of $0.88. Revenues rose 15% to $7.98 billion from $6.97 billion last year. Analysts expected revenues of $7.83 billion. Nike, Inc. (NYSE:NKE) belongs to Consumer Goods sector. Its…
The Coca-Cola Company(NYSE:KO) has announced that it had signed a definitive agreement with Coca-Cola Bottling Company of Central Florida (Coca-Cola Central Florida), a newly formed independent Coca-Cola bottling company. The Coca-Cola Company (NYSE:KO) belongs to Consumer Goods sector. Its net profit margin is 18.10% and weekly performance is 0.36%. On last trading day company shares…
Apple Inc (NASDAQ AAPL) has responded swiftly to the firestorm of reports about the iPhone 6 Plus bending in owners’ pockets. Dubbed “Bendgate” by the media, the issue involves multiple reports and photos from iPhone 6 Plus owners who said their new phone bent while just riding around in their pockets all day. Apple Inc….
Millions learned today that they might be running machines with a “bug” more dangerous than “Heartbleed”. Bash comes pre-installed on both Apple Inc (NASDAQ AAPL)’s iMac and MacBook computers. It allows hackers to essentially gain full access to your computer including “sensitive information, confidential information, intellectual property, customer data, financial data – the list goes…
