Gaining Green

Tag: Bank of America Corp

  • Apple, Bank of America, Yahoo, Mattel And Abbott Major Movers In Last Session

    Canaccord Genuity has reiterated its rating for Apple Inc. (NASDAQ:AAPL) with buy rating, with increase in price target from $560 to $580. Smartphone giant stock has increased in sixth session. Apple Inc. (NASDAQ:AAPL) shares rose 0.49% to $501.11 in last trading session. The analysts  has reiterated its rating the firm international devices sell-through survey work point out a radically elevated sell-through both of iPhone 5s against iPhone  5c that should advantage margins and near-term average selling.
    Late Tuesday Twitter Inc. said that it has selected New York Stock Exchange to be listed for its $1.5 billion IPO, in contrast to NASDAQ, where majority of technology companies are listed. The company also declared its Q3 revenue increase from $82.3 million to $168.6 million but its losses expand from $21.6 million to $64.6 million in 2012.
    Bank of America Corp (NYSE:BAC) Q3 profit increased from $340 million last year Q3 and to $2.5 billion in current quarter, due to settlement of a shareholder lawsuit related to the acquisition of Merrill Lynch. Bank of America Corp (NYSE:BAC) shares up 2.25% to $14.56 in last trading session.
    on Tuesday Yahoo! Inc. (NASDAQ:YHOO)  declared a weaker-than-estimated  outlook for the Q4, but its adjusted profit for Q3 was 34 cents on each share, lower than analyst prediction by a penny. Individually, the internet company declared it would have to sell fewer shares in IPO of Alibaba Group. Yahoo! Inc. (NASDAQ:YHOO) shares down -0.87% to $33.09 in last trading session.
    Mattel, Inc. (NASDAQ:MAT) declared increase in its Q3 profit of $1.21 on each  share to $422.8 million, in contrast to $1.04 on each share from $365.9 million, in same  period last year. The toy company revenue increase 6% to $2.21 billion. Mattel, Inc. (NASDAQ:MAT) shares increased 1.01%to $ 41.97 in last trading session.
    Abbott Laboratories (NYSE:ABT) Q3 profit decrease 61 cents on each share or $966 million, in Q3, 2013 in contrast to $1.21 on each share or $1.94 billion Q3 2012. While the health-care products company increase its quarterly dividend by over 50% to 22 cents on each share. Abbott Laboratories (NYSE:ABT) shares increased 1.01%to $41.97 in last trading session.