Apple Inc, Caterpillar, Google, Exxon Mobil Stocks Build Active Trade Interest Feb. 10th
Apple Inc (NASDAQ:AAPL): Apple plans to launch a pair of “radically redesigned” MacBook Pros, reports Apple Insider. According to people familiar with Apple’s roadmap, the company plans to exit 2012 by completing a revamp of their notebooks lineup from top to bottom. Also, a number of users of Apple’s (NASDAQ:AAPL) iTunes service are reportedly getting refunds after their accounts have been hacked and cleaned out, according to CNET, though Apple is not saying much about the underlying issue and how it will be resolved. Shares of Apple are trading flat at $493 per share today.
Caterpillar (NYSE:CAT): Caterpillar announced that Richard Case, vice president with responsibility for the Marine & Petroleum Power Division, has elected to resign from the company to pursue other opportunities. Case’s departure from Caterpillar will be effective May 1. Caterpillar’s board of directors has appointed Tom Frake to replace Case as vice president, Marine & Petroleum Power Division. Frake’s appointment is effective April 1. Shares of Caterpillar are down 1% to $110 per share today.
Google Inc (NASDAQ:GOOG): In a strategic shift, Google is developing a home entertainment system that streams music wirelessly throughout the home and would be marketed under the company’s own brand, sources say, reports the Wall Street Journal. Shares of Google are trading down 1% to $604 per share today.
Exxon Mobil (NYSE:XOM): The International Energy Agency said global oil demand will grow by less than 1% this year, lowering its global demand growth forecast by 250,000 barrels per day to 800,000 bpd, reported Reuters. Shares of Exxon Mobil are trading lower 1% to $83.50 per share today.
Want news like this in real-time so you can get an edge? Click here for Wall St. Cheat Sheet Pro.
To contact the reporter on this story: Derek Hoffman at firstname.lastname@example.org
To contact the editor responsible for this story: Damien Hoffman at email@example.com