Brian White News
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U.S. stocks fell, after the Dow Jones Industrial Average reached record highs last week, as a levy imposed by euro-area leaders on Cypriot bank deposits sparked concern the region’s debt crisis is intensifying.
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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.
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The boom in big data means a takeover of Splunk Inc. could command the software industry’s highest price tag in five years.
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Apple Inc. rallied in late-morning trading in New York on a report that cited Bill Miller, a fund manager at Legg Mason Inc., as saying that the shares are undervalued.
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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.
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Apple Inc. rose to a record after two analysts said the stock could surge past $1,000 a share, putting the maker of the iPhone on a path toward becoming the first $1 trillion U.S. company.
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International Business Machines Corp.’s plan to spend almost $15 billion on deals through 2015 is turning NetApp Inc. and Splunk Inc. into takeover candidates.
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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.
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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.
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Global stocks surged the most since July amid optimism a deal can be reached to avoid automatic U.S. spending cuts and tax increases. Oil led commodities higher, while Treasuries fell. The euro fell after France lost its top credit rating with Moody’s Investors Service.
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