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Newspaper
Aiken Standard
Location
Aiken, South Carolina, United States of America
Date
Aug 21, 2012
Page
8
Apple becomes the world’s most valuable company at 623 billion after a surge in stock. Analysts push 745.80 price target while rumors swirl about an iPhone 5 launch and a potential smaller iPad or TV set.
Wal-Mart will extend its layaway program from Sept 16 to Dec 14 and broaden the eligible items beyond toys and electronics. The retailer aims to help lower income shoppers facing tight budgets as the holiday shopping season approaches with more home appliances and sporting goods included.
Facebook Inc shares fell to an all time intraday low of 18.75 dollars before recovering to 19.86 dollars in afternoon trading on Monday. The stock rose 81 cents or 2.3 percent for the day as investors weighed the nascent IPO against Nasdaq technical issues and high expectations. It has not exceeded its 38 dollar IPO price since the first trading day.
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