First Global Credit Stock News Roundup – 8th June

The latest news round up for trade-able items on the First Global Credit platform, covering:

  • Apple inc
  • Bitcoin
  • DIRECTV
  • Gold
  • Google Inc
  • Red Hat Inc
  • Tesla Motors Inc

 

Apple, Inc. (NASDAQ:AAPL)

Sony Music CEO Doug Morris said in an interview over the weekend that Apple Inc. (NASDAQ:AAPL) will use the keynote at the WWDC in San Francisco to announce its new “Apple Music” streaming service.

Although no pricing information has been confirmed, it is expected to price somewhere around $9.99 per month which would be similar to established competitor Spotify.  Apple is rumored to be in talks with popular musicians and DJs like Drake who could help fans discover new music.

For more go to: http://learnbonds.com/apple-inc-nasdaq-aapl-to-announce-apple-music-streaming-service-at-wwdc-keynote-monday/119068/

Apple Inc. (NASDAQ:AAPL) has dropped 1.25% during the past week, however, the bigger picture is still very bullish; the shares have posted positive gains of 0.81% in the last 4 weeks. The counter has underperformed the S&P 500 by 0.56% during the past week but Apple Inc. (NASDAQ:AAPL) has outperformed the index in 4 weeks by 1.93%.

For more go to: http://newswatchinternational.com/news/company-shares-of-apple-inc-drops-by-1-25.html

 


Bitcoin

Bitcoin Foundation founding director Jon Matonis has defended the virtual currency during a visit to Auckland, saying it is doing more good than harm despite its popularity with fraudsters.

The virtual currency has come under attack from the executive director of New Zealand cyber-safety organisation NetSafe, Martin Cocker, who has said he personally would not be sad to see Bitcoin’s demise.

Because Bitcoin transactions are impossible to trace, they have been favoured by cyber-criminals as a means of payment when extorting money in “ransomware” scams.

Matonis said Bitcoins were the digital equivalent of cash and having such a “surveillance-proof currency” had big advantages in countries such as Argentina and China, if not New Zealand.

For more go to: http://www.stuff.co.nz/business/69193233/bitcoin-foundation-director-jon-martonis-says-new-regulations-go-too-far

 

DIRECTV (NASDAQ:DTV)

Shares of DIRECTV (NASDAQ:DTV) rose by 0.7% in the past week and 2.57% for the last 4 weeks. In the past week, the counter has outperformed the S&P 500 by 1.4% and the outperformance increases to 3.71% for the last 4 weeks.

The company shares have rallied 10.02% from its one year high price. On June 4, 2015 The shares registered one year high of $92.65 and one year low was seen on October 15, 2014 at $82.04. The 50-day moving average is $90.39 and the 200 day moving average is recorded at $87.34. S&P 500 has rallied 7.25% during the last 52-weeks. 0.14% of the shares are held by the company Insiders, 87.5% of the shares are held by the institutions. Company shares has an average 3 month share volume of 2,548,050 and an average 10 day volume is recorded to be 2,884,880

For more go to: http://newswatchinternational.com/news/company-shares-of-directv-rally-0-7.html

 

Gold

Gold ticked up on Monday after a three-day losing streak but was still hovering near an 11-week low as a strong U.S. jobs report boosted expectations of a U.S. interest rate rise in September.

Spot gold inched up 0.1 percent to $1,172.86 an ounce by 0647 GMT. The metal had fallen to $1,162.35 on Friday, its lowest since March 19, after data showed U.S. job growth accelerated sharply in May and wages picked up. Nonfarm payrolls increased 280,000 last month, the largest gain since December.

The report, indicating signs of strong momentum in the U.S. economy, bolstered expectations the Federal Reserve will begin to raise rates in September and sent the dollar to a 13-year peak against the yen.

Higher U.S. rates could diminish demand for non-interest-paying bullion, while a stronger dollar makes gold more expensive for holders of other currencies and reduces the metal’s safe-haven appeal.

For more go to: http://www.reuters.com/article/2015/06/08/markets-precious-idUSL3N0YU17D20150608

 

Google Inc (NASDAQ:GOOG)(NASDAQ:GOOGL)

Google Inc said it would give monthly updates of accidents involving its driverless cars.

The report for May showed Google cars had been involved in 12 accidents since the company first began testing its self-driving cars in 2009, mostly involving rear-ending.

None of these accidents were caused by a fault with the car, Google said.

Google’s self-driving-car programme director, Chris Urmson, said in May that the cars have been involved in 11 accidents.

For more go to: http://www.thestar.com.my/Tech/Tech-News/2015/06/08/Google-to-release-monthly-data-on-self-driving-car-accidents/

Shares of Google Inc. (NASDAQ:GOOGL) rose by 0.77% in the past week and 0.11% for the last 4 weeks. In the past week, the counter has outperformed the S&P 500 by 1.47% and the outperformance increases to 1.22% for the last 4 weeks.

On July 24, 2014 the shares registered a one year high of $608.91 and one year low was seen on January 12, 2015 at $490.91. The 50-day moving average is $550.12 and the 200 day moving average is recorded at $542.47. S&P 500 has rallied 7.25% during the last 52-weeks. 0.23% of the shares are held by the company Insiders, 83.8% of the shares are held by the institutions. Company shares has an average 3 month share volume of 1,840,360 and an average 10 day volume is recorded to be 1,530,180

For more go to: http://newswatchinternational.com/news/company-shares-of-google-inc-rally-0-77.html

 

Red Hat Inc (NYSE:RHT )

Shares of Red Hat, Inc. (NYSE:RHT) rose by 0.82% in the past week and 2.53% for the last 4 weeks. In the past week, the counter has outperformed the S&P 500 by 1.52% and the outperformance increases to 3.67% for the last 4 weeks.

The company shares have rallied 51.47% from its one year high price. On May 22, 2015 The shares registered one year high of $79.35 and one year low was seen on June 13, 2014 at $50.41. The 50-day moving average is $76.68 and the 200 day moving avarge is recorded at $69.66. S&P 500 has rallied 7.25% during the last 52-weeks. 10.93% of the shares are held by the company Insiders, 84.9% of the shares are held by the institutions. Company shares has an average 3 month share volume of 1,327,640 and an average 10 day volume is recorded to be 1,182,560

For more go to: http://newswatchinternational.com/news/company-shares-of-red-hat-inc-rally-0-82.html

 

Tesla Motors Inc (NASDAQ:TSLA )

At the unveiling of its suite of storage battery systems, Tesla Chief Executive Elon Musk said at a company event near Los Angeles the new Tesla Energy was far ahead of its competition in offering an integrated system for generating solar power and storing it on-site. “We’re just not aware of who would even really be second, honestly,” Musk said.

On the contrary, Tesla is far from the only company offering such systems, and industry insiders say the cost of a Tesla system, which starts at $3,000 (£1980) for a home storage battery pack, is in line with the rest of the market. Tesla Motors Inc’s plan to generate new revenue by repackaging electric car batteries as home and business power storage systems faces stiff competition for both customers and the government subsidies that are critical to the market’s growth.

For more go to: http://www.money-marketuk.com/Consumer/4629-tesla-faces-competition-for-customers-subsidies.html

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s