Giri Cherukuri

GM Redemption Seen Culminating in Return to S&P 500 Index

As the U.S. Treasury sells off its shares of General Motors Co., the automaker is likely to return to the Standard & Poor’s 500 Index in the next year, passing another milestone in its redemption.

Apple Profit Forecast Falls Short of Analysts' Predictions

Apple Inc. forecast profit for the current quarter that will rise less than analysts predicted as supply constraints hamper sales of the iPad computer. The stock fell in extended trading.

Apple Surpasses $400, Chases Exxon as World’s Most Valuable Company

Apple Inc., a week after reporting record sales and profit, surpassed $400 a share for the first time and is gaining ground on Exxon Mobil Corp. to become the world’s most valuable company.

Apple Falls After Wait for IPhone Causes Missed Estimates

Apple Inc. fell in U.S. trading after profit missed analysts’ predictions for the first time in at least six years, evidence that customers delayed iPhone purchases before the release of the latest model.

Apple Stock Poised for Worst First Half Since 2008 as Growth Seen Slowing

Apple Inc. shares dropped 3.5 percent this month, capping their worst first-half performance in three years, as investors await new products and fret that rivalry from Google Inc. will slow growth.

Apple Is Said to Have Approached Tosi About CFO Job

Apple Inc. approached Blackstone Group LP Chief Financial Officer Laurence Tosi to become its finance chief, three people with knowledge of the matter said.

Apple’s Reliance on Japan for Components Put Sales at Risk

The Japanese earthquake and tsunami will probably weigh on Apple Inc. ’s forecasts for third-quarter profit, sales and gross margin because of higher component prices and disrupted manufacturing, analysts said.

Apple Poised to Sell 10 Million IPhones in Record Debut

Apple Inc. is poised for a record iPhone 5 debut and may not be able to keep up with demand as customers lined up in Sydney, Tokyo, Paris and New York to pick up the latest model of its top-selling product.

Most U.S. Stocks Rise as Earnings, Jobs Overshadow Apple

Most U.S. stocks rose, with the Standard & Poor’s 500 Index briefly topping 1,500, as an unexpected drop in jobless claims and better-than-forecast earnings offset the worst slump for Apple Inc. in four years.

Cook Bets Apple Will Avoid Fate of Slower-Growth Peers

Apple Inc. Chief Executive Officer Tim Cook is betting that his company can keep cranking out best- selling gadgets even while paying a dividend, avoiding the fate of peers that return money to investors yet grow more slowly.

"For GM and Facebook, there's plenty of trading volume and the market cap is appropriate."

- Giri Cherukuri on Apr 30, 2013

New York

Tim Cook

China

U.S. Stocks Rise on Stimulus Bets as Manufacturing Falls

Gold Futures Tumble Below $1,400 as Dollar Extends Gains

Soldier Who Led Sex-Abuse Prevention Under Investigation

Euro-Style Bail-In Plan Means Bondholder Wipe-Out: Brazil Credit

Google Unveils Music Service as Product Conference Starts