Analysts suggested a share in Apple worth nearly USD500 is a better buy than the company's USD500 iPad.
Tags: Wall Street
Wall Street falls after no move to resolve US shutdown
US stocks fell that marked an extended two weeks of losses following the partial shutdown of the US government over budget issues, said a Reuters report.
Wall Street declines as US government shutdown looms
Two hours prior to a midnight deadline to avert a US federal shutdown, US stocks closer lower on Monday.
Manufactured US goods barely increased, fiscal uncertainty reflected
Orders for US manufactured goods declined in August which showed a possible sign of companies holding back their investments due to uncertainties in US government spending.
Shadow banking precursor to another 'Lehman Weekend'
The 'Lehman Weekend' was the height of the financial crisis five years ago and may be repeated if 'shadow banking' would be allowed to continue without regulatory action.
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According to analysts, valuing BlackBerry right now is impossible considering the company's struggles.
Investors examined Facebook's price to earnings ratio and found that US$38 each share was overvalued.
ServiceNow's CEO said the company continued to grow because they don't have many rivals. ServiceNow continued to sparkle in Wall Street analysts' eyes following its success to maintain its status as a premier growth stock.
Active Network said that its board was considering proposals to invest or purchase in the company. Active Network's shares rose 25% during midday trading on Friday.
ValueClick's shares plunged by 17% after the corporation missed the expectations of Wall Street.
The second quarter earnings of LinkedIn impressed Wall Street which resulted to 7.5% increase in the company's shares' price.
As JPMorgan Chase & Co. prepared its physical commodities trading exit, the "Wall Street Refiners" were set to be in the spotlight.
iPhone sales led to 5% increase in AAPL. AAPL, the symbol by which Apple stocks were traded on the stock market, soared. This was after Apple reported higher-than-expected quarterly results.
Earnings of Apple for its June quarter will be revealed. It was reality check time for Apple once again. The technology giant reported its earnings for the June quarter Tuesday.
