Apple Focus Lifts Tech Shares on Wall Street
Trading subdued at open as Newmont Mining led S P 500 gains with gold and silver climbs boosting miners. BlackBerry eyed a sale while Dole Foods and Steinway received buyout chatter. Apple rose 2.8 percent on anticipations of a new iPhone release.
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New York
Newmont Mining
Standard & Poor
China
BlackBerry
Dole Foods
Steinway Musical Instruments
S&p
Apple
Allthingsd
BlackBerry weighs sale after weak BlackBerry 10 sales
BlackBerry formed a special committee to explore strategic alternatives including sale options joint ventures or partnerships hoping to boost value and platform adoption. Shares rose 10.5 percent to 10.78 as analysts warned existing sales weakness could threaten long term viability.
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Toronto
BlackBerry
U.S
Mike Walkley
Canaccord Genuity
Walkley
U S deficit falls as July figures boost year outlook
The government reports a 97.6 billion deficit for July, lifting the 2013 year deficit to 607.4 billion. Forecasts put the full year deficit at 670 billion, with below 1 trillion for the first time since 2008, amid looming congressional fights over debt limits and spending.
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Washington, D.C
Congressional Budget Office
Fannie Mae
Freddie Mac
Congress
Ford aims at younger luxury buyers with Lincoln upgrades
Ford Motor Co reshapes Lincoln to attract the progressive luxury segment with updated showrooms and dealer training. In Chicago a boutique hotel session guided 60 Lincoln staff on appealing to affluence and education, part of a five region rollout to refresh underperforming outlets and entice a $4 latte crowd.
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Chicago
Lincoln
Ford Motor Co
Ford
Los Angeles
Roth
Hines Park
Plymouth
Mich
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