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AAPL

Apple (AAPL) iPhone Batteries Reportedly Explode in China

It seems that Apple Inc. (AAPL - Free Report) is facing the same safety issues as its rival Samsung, as eight iPhone 6 handsets have reportedly exploded in China. (AAPL - Free Report) is facing the same safety issues as its rival Samsung, as eight iPhone 6 handsets have reportedly exploded in China. The Council report also added that the company had, earlier in the year, replaced a woman’s iPhone that exploded with a new one without “addressing the cause” of the explosion. Apparently, investigations are on for the overheating and battery explosion problems of iPhone as the company is facing a number of complaints. Plus, increasing competition from home grown cheaper smartphones, has highly affected the sale of iPhones in the country. Year to date, Apple shares have generated a return of 4.46% compared with the Zacks Computer Mini Industry’s gain of 5.13%. Better-ranked stocks in the wider technology space include TiVo Corporation (TIVO - Free Report) , Facebook Inc. Click to see them now>>

CA

Midday Alert: Monument Mining Limited (CDX:MMY:CA) Pressures TSX Venture Basic Materials Stocks with 5.88% Decline in Morning Trading on December 6

Monument Mining Limited (CDX:MMY:CA) is amongst the weakest basic materials stocks listed on the TSX Venture Exchange through noon on December 6, with a fall of 5.88%. After closing the previous session at $0.085, shares of MMY:CA opened this morning at $0.08 and are currently trading at $0.08. At the lunch break, about 1.3 million shares have changed hands, compared to an average 30-day volume of 242,756 for Monument Mining Limited. Shares moved as high as $0.085 and as low as $0.075 in today’s morning action. Monument Mining Limited (CDX:MMY:CA) is amongst the weakest basic materials stocks listed on the TSX Venture Exchange through noon on December 6, with a fall of 5.88%. In the past 52 weeks, shares of Monument Mining Limited have traded as low as $0.085 and as high as $0.19. Monument Mining Ltd is a gold producer. FinancialPress.com is not responsible for inaccuracies in third-party supplied information. It is headquartered in Calgary, Alberta, Canada with offices in Toronto, Vancouver and Montreal. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions.

FB

MKM Partners Reiterates Buy Rating for Facebook Inc. (FB)

MKM Partners reiterated their buy rating on shares of Facebook Inc. Equities analysts expect that Facebook will post $4.09 earnings per share for the current year. Several hedge funds and other institutional investors have recently modified their holdings of FB. Capital World Investors increased its position in shares of Facebook by 41.3% in the second quarter. Capital World Investors now owns 33,131,292 shares of the social networking company's stock worth $3,786,244,000 after buying an additional 9,686,624 shares during the period. The Manufacturers Life Insurance Company purchased a new position in shares of Facebook during the third quarter worth $947,480,000. Third Point LLC purchased a new position in shares of Facebook during the second quarter worth $428,550,000. Increased its position in shares of Facebook by 2.5% in the second quarter. Now owns 139,483,685 shares of the social networking company's stock worth $15,940,195,000 after buying an additional 3,400,653 shares during the period. Finally, Emerald Acquisition Ltd. purchased a new position in shares of Facebook during the second quarter worth $369,509,000. About Facebook Facebook, Inc builds products that enable people to connect and share through mobile devices and personal computers.

R

AMI Asset Management Corp Boosts Position in Ryder System Inc. (R)

AMI Asset Management Corp raised its position in shares of Ryder System Inc. (NYSE:R) by 1.0% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 33,620 shares of the company’s stock after buying an additional 321 shares during the period. AMI Asset Management Corp owned about 0.06% of Ryder System worth $2,217,000 as of its most recent SEC filing. The fund owned 33,620 shares of the company’s stock after buying an additional 321 shares during the period. IBM Retirement Fund now owns 5,404 shares of the company’s stock worth $330,000 after buying an additional 138 shares during the period. 551,825 shares of the company traded hands. The company earned $1.72 billion during the quarter, compared to analysts’ expectations of $1.70 billion. The company also recently announced a quarterly dividend, which will be paid on Friday, December 16th. The correct version of this article can be accessed at https://www.tickerreport.com/banking-finance/2306485/ami-asset-management-corp-boosts-position-in-ryder-system-inc-r.html. Finally, Stifel Nicolaus cut shares of Ryder System from a “buy” rating to a “hold” rating and set a $75.00 target price for the company. Cooke sold 6,000 shares of the firm’s stock in a transaction dated Monday, November 14th. The Company operates through three segments: Fleet Management Solutions (FMS), which provides full service leasing, commercial rental, contract…


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