Apple Inc. (NASDAQ:AAPL)’s stock closed on an all-time high yesterday, breaking the $100 dollar per share barrier for the first time since the stock split in June. This surge in the stock has happened weeks before the launch of iPhone 6. Bloomberg’s Michael Regan and Adam Satariano talked about the Apple’s valuation and the impact that iPhone 6 and iWatch might have on the stock. Regan said that the Apple Inc. (NASDAQ:AAPL)’s stock has went up by 25% in 2014, which justified the valuation of the company. He also mentioned a note from Morgan Stanley’s Katy Huberty, which said that 60 million…
Author: M. Paz Lucas
Google Inc (NASDAQ:GOOGL) recently completed 10 years as a public company. Since their IPO, 10 years back, the company has grown significantly. Google currently is the third largest company in the U.S. in terms of market cap, outperforming many other companies in the last 10 years. Howard Silverblatt, S&P Dow Jones Indices’ senior Index analyst, talked on CNBC about Google’s incredible growth in the last 10 years and other major companies that are tracked by his firm. Silverblatt pointed out that the companies like Apple Inc (NASDAQ:AAPL), Netflix, Inc. (NASDAQ:NFLX) and Salesforce.com, Inc (NYSE:CRM) are in the top 10 companies…
In 2012, Facebook Inc (NASDAQ:FB) conducted their Initial Public Offering (IPO) by a conventional offering method. Facebook considered conducting the IPO using an auction method, but decided against it. Ten years back, Google Inc (NASDAQ:GOOGL) conducted their IPO using the ‘Dutch Auction’ method. The man behind the Google IPO and ‘Dutch Auction’ model, Bill Hambrecht, Co-founder and Chairman of WR Hambrecht, talked on CNBC about Facebook and companies that went public. “I think it’s very hard to call Facebook IPO successful. They lived through a year of real pain […],” Hambrecht said Facebook Inc (NASDAQ:FB) underwent a rough phase post their IPO and struggled hard to grow back.…
Apple Inc (NASDAQ:AAPL) has recently retained the US smartphone market share lead. This has happened amidst the expectations from many that Samsung Electronics might soon take over the Apple as the leader in the US smartphone market. Jim Cramer talked on CNBC about how Samsung’s fall has positively impacted Apple. Cramer thinks that Apple Inc (NASDAQ:AAPL) has done a remarkable job in the last few months with their products and technology. But he feels that the Samsung Electronics recent dip in sales has contributed a lot towards Apple’s increase in sales. “[…] Really one of the key stories behind Apple’s rise,…
Apple Inc (NASDAQ:AAPL), Google Inc (NASDAQ:GOOGL) and Amazon.com, Inc. (NASDAQ:AMZN) made huge strides into the market by meeting the consumer demands for their products. These tech giants saw a slump in the growth in their core business lately, which pushed these companies to move towards corporate clients. Bloomberg’s Brian Womack and Adam Santariano discussed about these three companies’ moves into businesses in a recent article. Apple Inc (NASDAQ:AAPL), Google Inc (NASDAQ:GOOGL) and Amazon.com, Inc. (NASDAQ:AMZN) have aggressively started marketing their products to the corporate clients. This might be due to fact that the projection of corporate spending on technology might be…
Today, Google Inc (NASDAQ:GOOGL) is celebrating its 10th anniversary as a public company. In the last 10 years, Google stock has increased by more than a 1,300%, which clearly shows the growth of this company. James Dix, media analyst at Wedbush Securities, talked on CNBC about the evolution of Google Inc (NASDAQ:GOOGL) in the last decade and the company’s future. Dix thinks that advertising played a major part in Google Inc (NASDAQ:GOOGL)’s growth. He added that the advertising will play a major role in the outlook of the company shares going forward. Through advertising, the consumer wants to know about different products and services, whereas…
Tesla Motors Inc (NASDAQ:TSLA) posted yesterday its second quarter results, which beat analysts’ expectations. Its non-GAAP net income was $16 million or $0.11 per share, compared to $0.04 estimated by analysts. Non-GAAP revenue amounted to $858 million, up 55% from a year ago, and 5.8% higher than the estimates. Colin Rusch, senior analyst at Northland Capital Markets, analyzed Tesla Motors Inc (NASDAQ:TSLA) on CNBC. He said that Tesla is staying on the track as it is improving its gross margins and making materials improvement, and added that the investments they are making in the service side will serve them well over…
Greg Rayburn, the founder of Kobi Partners, and Bloomberg Contributing Editor, David Kirkpatrick, examined the current fortunes of Apple Inc. (NASDAQ:AAPL) and Microsoft Corporation (NASDAQ:MSFT) in relation to stocks, products and growth potential on Bloomberg TV’s “In The Loop.” Apple Inc. (NASDAQ:AAPL) posted their second straight profit gain and it is estimated that the next quarter revenues could be as high as $40 billion. “The iPhone is on a roll. You cannot deny that. Whether this is a growth company or a valued company is another matter. But I think many people are impressed by how much Apple Inc. (NASDAQ:AAPL)…
Southern National Banc. of Virginia, Inc (NASDAQ:SONA), Saw three Board Directors acquired it’s stock over the past couple of days. Bruce W. Jennings purchased 910 shares of the company’s Common Stock at $10.936 per share; Charles A. Kabbash bought 375 shares of the Common Stock at 10.9087; and Neil J. Call acquired 242 shares of the Common Stock at 11.0955 per share. Following the reported transactions, Mr. Jennings directly owns 24,227 shares and 5,500 shares in Southern National Banc. of Virginia, Inc (NASDAQ:SONA) indirectly; Mr. Kabbash directly holds 59,505 shares while indirectly holding 18,212 shares; and Mr. Call disclosed direct ownership of 191,927 shares.…
Lakeland Bancorp, Inc. (NASDAQ:LBAI)’s Director Sr R Stephen Tilton lately reported a purchase of 5,00 shares of common stock at a price of 410.55 approximately per share. At the present time, following this transaction, Sr R Stephen Tilton beneficially owns 720,595 securities of the $412.87 Million Market Cap company. Between these securities, 30,165 are shares owned by wife and 3,347 shares are owned by Chaumont Holding of which Mr. Tilton is a partner. Another insider purchase dates of May 6th, when E Robert Mccracken, also Director at Lakeland Bancorp, Inc. (NASDAQ:LBAI) acquired an amount of 5,900 shares at a Price…
B Joseph Armes, President and CEO at Kaiser Aluminum Corp. (NASDAQ:KALU), recently reported an acquisition of 1,200 shares of common stock at a price of $35 per share approximately. At the time being, Mr Armes beneficcially owns 5,000 securities directly of the Kaiser Aluminum Corp. (NASDAQ:KALU ) that produces semi-fabricated specialty aluminum products and operates in fabricated products segment. He also owns 6,002 securities indirectly by JBA Family Partners, LP. These shares are held by JBA Family Partners, LP, a limited partnership of which the reporting person and his wife are 50% owners of the general partner. Previous insider investment…
Fastenal Company (NASDAQ:FAST)’s former Director, A Robert Kierlin, sold yesterday, June 5th, 60,000 shares at a price of $49.1746 per share. Thus, following the reported transaction, Mr. Kierlin beneficially owns 11,835,625 securities directly and 800 securities indirectly (owned by his spouse). Fastenal Company (NASDAQ:FAST) is a $14.8 billion market cap company engaged in selling industrial and construction supplies, in a wholesale and retail fashion. Furthermore, large shareholder Glade Brook Capital Partners run by Paul Hudson decreased its activity by 20% over the last reported quarter. It now holds 1,037,739 shares worth $51,181 million. Another hedge fund holder that layed out…