{"id":50558,"date":"2014-05-06T16:06:40","date_gmt":"2014-05-06T20:06:40","guid":{"rendered":"http:\/\/countingpips.com\/forex-news\/?p=50558"},"modified":"2014-05-06T16:06:42","modified_gmt":"2014-05-06T20:06:42","slug":"apple-cracks-the-sky-with-600-shares-2","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex-news\/2014\/05\/06\/apple-cracks-the-sky-with-600-shares-2\/","title":{"rendered":"Apple Cracks the Sky With $600 Shares"},"content":{"rendered":"

By WallStreetDaily.com<\/u><\/a> \"Apple<\/p>\n

The services sector has expanded at its fastest pace in eight months, bumping stocks a little higher. The escalating violence in Ukraine is keeping gains in check, however. A late Friday warning from JP Morgan Chase <\/b>(JPM<\/a>) put financial stocks under pressure. But, for the first time since October 2012, \u00a0Apple <\/b>(AAPL<\/a>) closed above $600 per share.<\/p>\n

Target <\/b>(TGT<\/a>) is still under a big shakeup with its Chairman and CEO Gregg Steinhafel\u2019s departure, in light of the tragic data breach that hit Target\u2019s profits over the holiday shopping season.<\/p>\n

Jim Finkle, Reuters<\/i> Cyber Security Correspondent, says: “What they haven’t done yet is name a new chief information security officer. A lot of companies have chief information security officers and have had them for some time, and the fact that Target, being such a large company, didn’t have one to begin with is seen as a failing of the CEO and may be one of the reasons he is leaving.”<\/p>\n

What\u2019s more, the retailer\u2019s financial results have been short of great for some time. And Target\u2019s investors have lost faith in a major turnaround, sending its shares down by more than 3%.<\/p>\n

Speaking of faulty systems, General Motors<\/b> (GM<\/a>) just added to its list of recalls. GM sent out 52,000 new model SUVs that incorrectly measure their fuel count. Therefore, GM is reeling the defected vehicles back in \u2013 totaling seven million vehicles on its recall list so far this year. And Target isn\u2019t the only one saying \u201cGoodbye\u201d to a top game player, because GM is losing another top engineer. GM\u2019s shares finished lower on the day.<\/p>\n

While Target and GM may be fine cutting the chords, Pfizer<\/b> (PFE<\/a>) is not. It refuses to take a \u201cNo\u201d from AstraZeneca <\/b>(AZN<\/a>). So far, AZN has rejected three offers from its suitor. After reviewing Pfizer\u2019s results, it\u2019s become quite apparent why this drug maker won\u2019t let go of AZN. Its sales hit 2.5% below forecasts.<\/p>\n

Overseas news: Markets were closed in London, but other major indexes were mixed. Worries over Ukraine and the Chinese economy played a big role in Europe\u2019s markets.<\/p>\n

The post Apple Cracks the Sky With $600 Shares<\/a> appeared first on Wall Street Daily<\/a>.<\/p>\n

Article By WallStreetDaily.com<\/u><\/a><\/p>\n

Original Article: Apple Cracks the Sky With $600 Shares<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

By WallStreetDaily.com The services sector has expanded at its fastest pace in eight months, bumping stocks a little higher. The escalating violence in Ukraine is keeping gains in check, however. A late Friday warning from JP Morgan Chase (JPM) put financial stocks under pressure. But, for the first time since October 2012, \u00a0Apple (AAPL) closed … <\/p>\n

Continue reading “Apple Cracks the Sky With $600 Shares”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-50558","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/50558","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/comments?post=50558"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/50558\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/media?parent=50558"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/categories?post=50558"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/tags?post=50558"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}