Japanese shares fell 1 percent on Thursday as investors were disappointed with the lack of a Trans-Pacific Partnership deal.» Read More
*Tech results lift Nasdaq futures, Apple and Facebook rally. *Attention on Apple after announcing seven-for-one stock split. NEW YORK, April 24- U.S. stock index futures were higher on Thursday, with Nasdaq futures jumping more than 1 percent following a pair of blowout results from technology stalwarts Apple and Facebook.
Foxconn, a major supplier to Apple Inc, wants to expand beyond China, where its massive production base has come under fire from international labour groups after a series of suicides and accidents since 2010.. Indonesian government officials had previously said they were still discussing the terms of the project with Foxconn but declined to give any details.
Grigoris Kouteris, general manager at Upstream, says one of the key lessons from Apple's results is the focus on emerging markets and the company's "move beyond the developed world."
U.S. stock index futures pushed higher on Thursday, as Apple and Facebook's strong earnings boosted early trade in Europe.
Pedro Noronha, managing partner ar Noster Capital, explains that he remains "not terribly excited" about Apple in spite of the positive quarterly numbers.
TOKYO— Global shares were mixed with European shares getting an early boost Thursday, but stocks in Tokyo slipped after talks between Japan's prime minister and visiting President Barack Obama failed to finalize a trade agreement.
Mark Hawtin, investment director at GAM, says Apple's share price is "incredibly cheap".
SEOUL, April 24- SK Hynix Inc., the world's second-largest memory chipmaker, expects a strong pickup in memory chip shipments for the second quarter as the launch of new smartphones by manufacturers like Apple Inc. boosts demand.
Jerry Braakman, chief investment officer at First American Trust, says Apple and Facebook reported "great" results and owning technology stocks is still attractive.
CNBC's Geoff Cutmore runs through Apple's earnings and discusses some of the risks the company faces.
David Garrity, Principal at GVA Research, says Apple's decision to raise its dividend and step up its stock buyback program signaled confidence in the tech giant's outlook.
NEW YORK, April 23- A U.S. federal judge denied a bid by Apple Inc on Wednesday to hold off a trial in a case brought by state attorneys general accusing the company of conspiring with five major publishers to fix e-book prices.
SAN FRANCISCO, April 23- Apple Inc just bought itself some much-needed time. To top it all off, Apple unveiled a 7- for-1 stock split that should go down well with individuals who want a piece of a household name but could not afford to fork over $500 a share.
Apple upstaged Wednesday's release of its fiscal second-quarter earnings by announcing plans to send more cash to its shareholders and split its stock for the first time in nine years. This is what Apple is doing:. The commitment increases Apple's stock buyback program to $90 billion.
SEOUL, April 24- SK Hynix Inc., the world's second-largest memory chipmaker, reported a 35 percent rise in first-quarter operating profit as a key China plant returned to full production and boosted sales.
Bert Dohmen, President & Founder at Dohmen Capital Research Institute and Scott Nations, President & Chief Investment Officer at NationsShares, debate about Apple's performance in the second-quarter.
Scott Nations, President & Chief Investment Officer at NationsShares, likes Apple but describes why its seven-for-one stock split may not be that beneficial for investors.
David Kudla, CIO at Mainstay Capital Management, says Apple's decision to split its stock seven for one will make its shares more accessible and lead to an improvement in stock prices.
Apple dazzled investors with a big earnings beat, another big buyback and a dividend hike that should boost sentiment up and down Wall Street.
On Wednesday shares of Apple surged almost 8% in the aftermarket, after the iPhone maker released quarterly results.