Entries with no category
Twitter taps the debt markets, announces convertible bond offering. Friday morning Twitter TWTR -1.01% said it raised $1.8 billion in the convertible bond offering it announced earlier in the week, up from the $1.3 billion it planned to raise as the deal met with robust demand. The five-year tranche of the offering, with notes due in 2019, carried a 0.25% interest rate, while the seven-year 2021 notes bear 1% interest, payable semi-annually ...
The Apple Watch may not be out yet, but the new iPhone models look like bonafide hits. On Monday, Apple announced a record number of preorders for the iPhone 6 and iPhone 6 Plus, with over four million devices sold in the first 24 hours. That’s double the number of orders placed in the first day the iPhone 5 came out two years ago. Apple is counting on the new, larger phones — iPhone 6 has a 4.7-inch screen, while the 6 Plus ...
Apple is Nearly Everywhere. With more than $625 billion in market capitalization, Apple is one of the most popular stocks in the world. If you own a mutual fund or ETF that owns the largest companies in the world, chances are good you already have a piece of it. Apple is Still A Tech Company. Whenever there’s a new product — no matter how big the introductory splash — it’s bound to falter. Consumers may not embrace it. The competition ...
Cash outflows from bank loan funds declined slightly to $342 million during the week ended Sept. 10, versus outflows of $435 million last week and $297 million two weeks ago, according to Lipper. The influence of bank-loan ETFs on this week’s number was 21%, as Lipper recorded a $70 million outflow from ETFs. This compares to a $20 million inflow into ETFs last week. There now have been 20 weeks of outflows over the past 22 weeks, for a total outflow of $10.9 billion over that ...
The praise from Wall Street was effusive in the wake of Facebook’s second-quarter earnings report July 23, rushing to boost ratings and raise price targets. The table tilted slightly back the other way Wednesday morning, when analysts at Janney Capital Markets dropped their rating from buy to neutral, warning that investors may not be willing to pay such rich prices for the social network in 2015 and beyond. Janney’s Tony Wible is ...
Recent Visitors
Archive
Go to Profile
Mark as Read