Apple eyes iPhone growth ahead of Watch sales
Apple aims to boost iPhone numbers in its next earnings with higher quarterly iPhone shipments expected around 49 million, signaling growth in its eight year old category while Apple Watch sales remain uncertain. Analysts note Watch sales have been modest but improving, contrasting with iPhone demand.
MENTIONED IN THIS ARTICLE
Los Angeles
Apple
Gene Munster
Piper Jaffray
Munster
Richard Doherty
Envisioneering Group
Motorola
Samsung
Moneyline dating site hack exposes millions of Ashley Madison data
Ashley Madison operator Avid Life Media confirms a breach affecting millions of users. The firm says it is cooperating with law enforcement, but details on exactly which data were compromised were not disclosed. The incident follows a wave of cyber breaches and prompts calls for tighter privacy protections.
MENTIONED IN THIS ARTICLE
Ashley Madison
Avid Life Media
Avid
CougarLife
Lockheed to Buy Sikorsky Aircraft for 9 Billion
Lockheed Martin announced plans to acquire Sikorsky Aircraft for 9 billion dollars, with tax benefits expected to reduce the net price to about 7.11 billion. The deal requires regulatory approval.
MENTIONED IN THIS ARTICLE
Lockheed
Sikorsky
Lockheed Martin
Gold hits five year low as prices slide below 1100 an ounce
Gold tumbles to a fresh five year low under 1100 amid rising US growth and expectations of Fed rate hikes. Analysts cite a stronger dollar, China demand weakness, and technical selling as key factors in the bear market now stretching since 2011. ETFs and gold mining shares face sharp losses while bullion remains a hedge with fading appeal.
MENTIONED IN THIS ARTICLE
Alex Eppstein
Schaeffer
U.S
Federal Reserve
China
Beijing
John Stoltzfus
Oppenheimer
Bespoke
Greece
Fed
A P returns to Chapter 11 amid store closings and bids
Great Atlantic and Pacific Tea Co. A&P filed for Chapter 11 over 2.3 billion in debts seeking to reorganize. About 25 stores will close almost immediately with roughly 12,500 employees in flux as tentative sales talks target 120 stores for nearly 600 million dollars.
MENTIONED IN THIS ARTICLE
Great Atlantic & Pacific Tea Company
A&p
Ray Schrock
White Plains
Christopher McGarry
A&P’s
U.S
New York
United Food and Commercial Workers
Ufcw) International Union
Also Mentioned on This Page
iPhone
Brent Lewin
Omberg
Ric
Moneyline
Standard & Poor
DOW Jones Industrial Avg
Codward Linsmier
Booomberg
S&p
USA Today
Marketwatch.com
USA
Glassdoor
Trap
Gold Bugs
Alex Eppstein, Schaeffer’s
Inves
Tment Research
Rt Ff
AOL
Bloomberg
Hisa Toda
A&p Grocery Chain Files
Dell
Hris Hondros
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