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CRT Capital Comments On GT Advanced Technologies Bankruptcy Proceedings; Recent Developments 'Generally Negative' For Bonds
Friday, January 9, 2015 - 11:15am | 204Kevin Starke of CRT Capital attended GT Advanced Technologies Inc (OTC: GTATQ) Thursday's creditor meeting in Manchester, New Hampshire. The analyst states that the company's chief financial officer and treasurer stated that the company intends to file with the court within 60 days updated...
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Corning Launched Gorilla Glass 4 To Keep Sapphire Out Of The iPhone 7
Monday, November 24, 2014 - 11:29am | 653Apple Inc. (NASDAQ: AAPL) was expected to change the world with an indestructible sapphire display built specifically for the iPhone 6. Sapphire display rumors have come and gone for more than a year. At the time, Corning Corporation (NYSE: GLW) had no idea that GT Advanced Technologies would...
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Dow Suffers Largest Daily Decline Since July, S&P 500 At 8-Week Lows On Global Growth Concerns
Tuesday, October 7, 2014 - 4:52pm | 2340U.S. stocks tumbled with the three major indices each shedding more than 1.5 percent as global economic growth concerns surfaced. The IMF lowered its global growth forecast for 2014 to 3.3 percent from a previous 3.4 percent. The agency also lowered its 2015 global growth projections to 3.8...
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Dow Breaks Four-Day Losing Streak As Calm Restores Last Week's Jittery Market
Monday, August 4, 2014 - 4:57pm | 2610U.S. stocks rallied to start the week on a positive note. Investors are looking for bullish signs that can erase last weeks declines, as the S&P 500 had its largest weekly drop since 2012 and the Volatility Index surged more than 30 percent. Portugal's Central Bank plans to spend 4.9...
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Market Wrap For May 23: Markets Marginally Higher; S&P 500 Closes Above 1,900
Friday, May 23, 2014 - 4:39pm | 1787U.S. stocks were little moved with the news-flow light, as would be expected prior to a long-weekend. In fact, Thursday's trading session proved to be the second lowest volume day of 2014. The S&P 500 closed above 1,900 and came within striking distance of matching its intraday all time...
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Market Wrap For February 11: Yellen Re-assures Markets & Wakes Up The Sleeping Bulls
Tuesday, February 11, 2014 - 5:47pm | 3158U.S. stocks rose on Tuesday as the Federal Reserve's new Chief Janet Yellen reassured investors that she is the right person for the job. In her congressional testimony, Yellen promised to stay the course in regards to the Federal Open Market Committee's approach to monetary policy. Yellen also...
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Apple Might Increase the Price of the Upcoming iPhone 6
Thursday, November 21, 2013 - 9:38am | 480The iPhone 6 rumor mill continues to heat up among everybody from armchair Apple (NASDAQ: AAPL) watchers to the analyst community. Wednesday, a new report by Susquehanna analyst Chris Caso made headlines, detailing the latest rumors surrounding Apple’s next phone. According to Caso, the...
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Apple's 'Made-in-the-USA' Crusade Continues
Tuesday, November 5, 2013 - 10:00am | 635In what might be considered part of a continuing response to critics who accuse Apple (NASDAQ: AAPL) of farming out most of its production overseas, the company announced Monday it was building a new plant in Mesa, Arizona, according to Reuters. The new plant will employ 700, with another 1,300...
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Apple's Fingerprint Sensor Could Be A Gimmick
Wednesday, August 14, 2013 - 3:06pm | 689By now everyone knows that Apple's (NASDAQ: AAPL) upcoming iPhone 5S is supposed to feature a fingerprint sensor. The clues have all been spelled out, from the fact that Apple bought AuthenTec, a company that specializes in security hardware, including fingerprint sensors, to news...