Apple downgraded to neutral at longbow research
18 January 2018 | 8:00 am
Longbow Research analyst Shawn Harrison cut Apple stock to neutral on Wednesday. He discusses his call with Bloomberg's Jonathan Ferro on "Bloomberg Markets: The Open." Harrison, his family, and firm, do not own shares of Apple.
In this article
24 Oct 2021
Taiwanese tech giant Foxconn unveils three electric vehicles, boosting its bid to be a major player in the rapidly expanding EV market as it seeks companies to partner with.
27 Oct 2021
Report: Africa to see less funding for fossil fuels - Nigeria introduces eNaira digital currency - Solar powered vehicles made in Germany?
27 Oct 2021
Benefitting from soaring demand for online ads, Google's parent company Alphabet reported nearly $19 billion in profits between July and September, up 68 percent from the same period last year. Microsoft's earnings also beat expectations, while French consumers are gearing up for some price hikes at the bakery.
8 Nov 2021
Bar owner Mohamed Lamin Mansaray told everyone to run away from his bar just before a fuel tanker exploded following a traffic collision, killing at least 99 people and injuring hundreds more on Friday (November 5) in Sierra Leone. The explosion destroyed Mansaray's business killing a staff member and destroying his home, which he had built for himself and his 10 family members. "We are getting into festive season....I have just purchased a brand new musical set, lots of drinks from the Sierra Leone brewery and chairs that worth about Le 270,000,000 (24,700 USD). Property that I have lost and one of my staff died”, said Mansaray while pointing at what is left of his business.
23 Nov 2021
Italy's antitrust authority has fined U.S. tech giants Amazon and Apple a total of more than 200 million euros ($225 million) for alleged anti-competitive cooperation in the sale of Apple and Beats products.
25 Dec 2021
2021 brought big changes to households and businesses around the world. In the last show of the season, Stephen Carroll and Kate Moody take a look at some of the biggest business and economic stories of the year and how they might evolve in 2022.
Apple on Monday became the first company to hit a $3 trillion (roughly Rs. 2,23,75,950 crore) stock market value, before ending the day a hair below that milestone, as investors bet the iPhone maker will keep launching best-selling products as it explores new markets such as automated cars and virtual reality.
Nicaraguan President Daniel Ortega is poised to win a fourth consecutive term in Sunday's presidential elections. But there's mounting pressure from the US and the EU who are using economic sanctions to promote change.
China will have 6.5 million more affordable rental housing units during the 14th Five-Year Plan period (2021-2025), an official of the Ministry of Housing and Urban-Rural Development said on Tuesday.
Marie-Hélène Poisson is the only craftswoman to be entirely dedicated to Boulle work. This French technique, invented at the end of the 17th century, consists of inlaying antique furniture with decoration made of brass or tortoiseshell. Marie-Hélène learned the trade from her father and is now passing it on to her daughter. The future of Boulle inlay is safe in their hands. FRANCE 24 takes you to the town of Vendôme, in France's Loir-et-Cher region, for a closer look at this special craft.
We take a look at the business of this year's Winter Olympics. A report suggests the true cost is 10 times more than the official $3.9 billion price tag, but Beijing is banking on other benefits. Also, Amazon reports another strong sales quarter, with its advertising business playing an increasingly significant role.
21 mins ago
The euro is performing better than expected with annual inflation dropping to 10% in November this year, partly due to energy prices. But experts are not overly optimistic.
21 mins ago
In Germany, there has been much criticism of World Cup host Qatar for discriminating against the LGBTQ community. But when it comes to soccer, is Germany a good role model?
1 hour ago
The trial opens in Ivory Coast over the 2016 jihadist attack at the Grand Bassam beach resort outside Abidjan.
1 hour ago
Two trains collided near Barcelona in the northeastern Spanish region of Catalonia, injuring 155 people but none seriously.
2 hours ago
Reports on current world affairs. The people behind the news, the feelings along with the facts. The week’s key stories – that’s what World Stories is all about.
3 hours ago
One important ingredient used in cosmetics is palm oil. But the production of palm oil is harmful to the environment. What are the ecological disadvantages of palm oil - and how can it be produced more sustainably?