Apple Inc. (NASDAQ:AAPL) said a ruling it violated antitrust laws should be thrown out because it didn’t know publishers were engaged in a conspiracy to fix e-book prices. Apple Inc. (NASDAQ:AAPL) stock opened at $529.38 in last session, and closed at $522.06, while the day range of stock is $521.00 – $529.57. The stock showed a positive/negative weekly performance of -4.38%.
JPMorgan Chase & Co. (NYSE:JPM) said it expected total headcount to fall by 5,000 to 260,000 in 2014. Around 6,000 full-time and contractor jobs in JPMorgan’s home loans unit and 2,000 jobs in its branch and credit-card network will be cut. At the same time, the bank expects to add 3,000 new jobs in its control function, including areas like compliance. JPMorgan Chase & Co. (NYSE:JPM) stock opened at $57.90, in last session and closed at $57.03, by losing -1.72%. The 52 week range of the stock is $46.05 – $59.82. Company’s market capitalization is $215.96 billion.
Though Twitter Inc (NYSE:TWTR) witnessed disappointing user growth during the fourth quarter, the company is gaining traction on mobile. According to research firm Nielsen, about 80% of Twitter’s UK users access the site through mobile devices. The study also found that UK is the most mobile market in Europe for the San Francisco-based company.Twitter Inc (NYSE:TWTR) stock decreased -1.47% and finished the last session at $54.96. The EPS of the stock remained -1.69. Company’s market capitalization is $29.94 billion.
US banking giant Morgan Stanley (NYSE:MS) on Tuesday said it would pay USD 275 million to settle a Securities and Exchange Commission probe of mortgage-backed securities deals. Morgan Stanley (NYSE:MS) stock opened the session at $30.26, and closed the session at $29.71. The 52 week range of the stock remained $20.16 – $33.52 and the day range was $29.56 – $30.35.
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