Breakfast News: Apple Inc, Microsoft Corporation, Intel Corporation, SolarCity Corpadmin
New York, November 15, 2013 /Accesswire/ – Market Buzz Report, a leading penny stock newsletters provider, issues major news alert for Apple Inc.(NASDAQ:AAPL), Microsoft Corporation(NASDAQ:MSFT), Intel Corporation (NASDAQ:INTC), SolarCity Corp(NASDAQ:SCTY).
Activist investor Carl Icahn revealed that he had 3.88 million shares of Apple Inc.(NASDAQ:AAPL) by the end of September end. He revealed this on Twitter but did not specify stake size. The activist investor had demanded $150 billion buyback publicly and privately CEO Tim Cook of Apple since last three months. He has opined that the company shares may trade at over $700 with larger stock buyback.
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Apple stocks surged to $528.16 and this is 10 % more than its price at the end of September. Carl believes that the stock was undervalued. Icahn’s investment firm Icahn Enterprises L.P. stocks have augmented by over 150 percent in the year. The investment fund of the billionaire rose by over 26% due to investments in firms such as Herbalife and Netflix during the month.
Microsoft Corporation(NASDAQ:MSFT)’s Windows Phones have shown a slight progress in device sales. But, lack of high-quality applications remains an important part of criticism for its operating system. The company is hoping that formalized support for Facebook Login would aid in the issue.
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Facebook Login support is essential as a number of popular apps in ios and Android are dependent on Facebook login for storing user’s information and settings. A recent study had said that keying in password was a vital reason of people abandoning apps as well as services. The login hopes to resolve this problem.
Chipmaking company Intel Corporation (NASDAQ:INTC) would be opening three temporary “pop-up” stores in some of the big cities for holidays. The unexpected move would ensure that outlets are in affluent neighbourhoods in Chicago, New York and Los Angeles.
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The firm would be allowing customers to see, touch as well as play with latest gadgets having Intel inside. Intel would also be having extras such as films and seminars free of charge. But, the company did not say the devices which would be in the stores.The three stores would be opening in this month and the first one to open would be in New York. These stores are expected to open until January.
Solar company SolarCity Corp(NASDAQ:SCTY) stocks’ surged by 10.6% after a new financing deal. SolarCity would be selling $54.4 million in notes which would be coming with an interest rate of 4.8% interest rate having maturity date of December 26, 2026.
The first real solar securitization deal would be opening up a fresh financing option for the industry. For the company, it is an easy way to finance projects without the need to pay for them from own balance sheet and in turn aid the growth of the firm.
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Posted: November 15th, 2013 under ACCESSWIRE.