Liberty Global Plc Chief Executive Officer Mike Fries, who runs one of the world’s biggest cable companies, said he doesn’t expect Apple Inc. to sell its own television, disputing speculation among analysts.
Hewlett-Packard Co.’s value has plunged to less than the $31 billion it spent during a five-year takeover binge, the strongest evidence yet that investors would be better served by disassembling the maker of consumer laptops, printers and corporate servers.
Apple Inc. had its price target raised to $550 at Ticonderoga Securities LLC after reporting profit and sales that exceeded analysts’ estimates, even as Chief Executive Officer Steve Jobs takes a leave of absence.
Hewlett-Packard Co. added three directors, including former Microsoft Corp. software head Ray Ozzie, as Chief Executive Officer Meg Whitman tries to bolster sales with new technology and services amid a global PC slump.
Apple Inc. , the third-largest company by market value, will reach $430 a share in the coming 12 months, fueled by rising demand for its iPhones and iPads, according to a report by Ticonderoga Securities LLC.
Dechra Pharmaceuticals Plc fell the most in almost five years after the U.K. maker of veterinary products announced plans to sell its services unit to Patterson Cos. for 87.5 million pounds ($130 million).
Apple Inc. is poised to boost its dividend by more than half, according to analysts surveyed by Bloomberg, providing investors hit by a share slump with one of the highest yields in the U.S. technology industry.
An auction of Australian luxury homes held at the Sydney Opera House raised A$4.1 million ($4.1 million), less than the A$30 million of properties that were put up for sale, less than a week after borrowing costs increased.