Hot Stocks – Apple Inc. (NASDAQ:AAPL), Target Corporation (NYSE:TGT), General Motors Company (NYSE:GM), SLM Corp (NASDAQ:SLM)

Apple Inc. (NASDAQ:AAPL) India launched a buyback scheme for the 8GB variant of iPhone 4S. Under this offer, the customers can trade-in their smartphones in order to receive Rs 5,000 (minimum) discount on iPhone 4S 8GB. Apple Inc. (NASDAQ:AAPL) stock opened at $529.91 in last session, and closed at $535.73, while the day range of stock is $529.88 – $542.50. The stock showed a negative weekly performance of -1.51%.

Target Corporation (NYSE:TGT) will exclude the impact of the payment data security breach in its upcoming fourth quarter and annual financial results as reported by Bloomberg based on the confirmation of Eric Hausman, spokesperson for the retailer. Target Corporation (NYSE:TGT) stock opened at $62.12, in last session and closed at $61.50, by losing -1.79%. The 52 week range of the stock is $59.72 – $73.50. Company’s market capitalization is $38.87 billion.

General Motors Co will not hesitate to delay or redo existing vehicles or those under development if they are underperforming or poorly received — as GM did with the next version of its Chevrolet Cruze small car, a top executive said yesterday. General Motors Company (NYSE:GM) stock decreased -1.12% and finished the last session at $39.58. The EPS of the stock remained 2.35. Company’s market capitalization is $54.98billion.

Existing SLM Corp (NASDAQ:SLM) is in the process of implementing its announced separation by way of a spin-off of its education loan management business in a new public company (“NewCo”), which is to be preceded by a related internal corporate reorganization. In connection with the spin-off, a newly incorporated, publicly-traded holding company (“SLM BankCo”) will succeed and continue to operate Existing SLM’s consumer banking business through the Bank and Upromise, Inc. and the insurance business. SLM BankCo will continue using the brand name “Sallie Mae” and trade under the symbol “SLM”. SLM Corp (NASDAQ:SLM) stock opened the session at $26.75, and closed the session at $26.95. The 52 week range of the stock remained $16.57 – $26.98 and the day range was $26.65 – $26.98.

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