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MacSurfer's Archive: Saturday, August 16, 2008
 

 

Finances
Apple News
  • "Google pipped - Apple the new king of Silicon Valley as market value overtakes hi-tech rival: The sleek, touchscreen iPhone has proved so lucrative for Apple that the electronic gadgets manufacturer has unseated Google to become the most valuable company in America's cradle of technological innovation, Silicon Valley."  The Guardian 8/15
  • "Apple's New Groove: It's Jobs Vs. The Google Twins In Market-Cap Battle" New York Post 8/15
  • "Former Apple counsel Nancy Heinen to settle SEC stock-option suit" Los Angeles Times 8/15
  • "Ex-Apple lawyer in options deal" BBC 8/15
  • "Taking a Bite from SIRI's Apple Connection Enthusiasm" Seeking Alpha 8/15
  • "Apple Inc: The objective at $180 was reached and prices are testing the resistance. Next objective $190. I am positive on AAPL but I would not be a buyer here. Risk reward does not look fine as supports are too far to establish a stop loss." Short-Term Trading 8/15
Industry News
  • "For Tech, Boost From Weak Dollar May Be Waning" Barron's 12:35 PM
  • "Tech Stocks Provide Safe Haven in Downturn" Seeking Alpha 8/15
  • "Tech Stocks: Vishay offer for International Rectifier leads tech action/Technology stocks were mostly on the rise in early trading Friday, with International Rectifier Corp. soaring as much as 20% after Vishay Intertechnology Inc. made a $1.6 billion bid for the power-management chip maker." MarketWatch 8/15
  • "Stocks struggle as oil slumps: Strong dollar helps market, but falling commodity prices have a mixed impact." CNNMoney 8/15
  • "Stocks flat as retailers offset energy shares" Reuters 8/15
  • "Commodities Continue to Plunge, While Stocks and Dollar Move Up" WSJ.com 8/15
  • "Asia Markets: Shanghai, Tokyo rise, but end with weekly losses/Resource stocks hit hard; exporters, shipping stocks advance" MarketWatch 8/15
  • "Europe Markets: Exporters help European shares to modest gains/Gold futures, crude-oil in retreat again; EADS shares advance" MarketWatch 8/15