Apple Inc, Dell, Anadarko, Coinstar, Equinix Stock Prices Climb to New Heights
Apple Inc. (NASDAQ:AAPL): Apple and China Mobile (NYSE:CHL) have confirmed that iPhone 4S users in China are suffering from comparability issues with the use of a China Mobile SIM card, making some users lose signal and others unable to receive calls despite having a full signal, reported The Next Web. A report says Apple is working to release a fix. The shares closed at $468.83, up $4.86 or 1.05% on the day. They have traded in a 52-week range of $310.50 to $464.98.
Dell Inc. (NASDAQ:DELL): Global IT spending increased 5% in 2011, according to Cnet, which cited an IDC report that was released yesterday. At the start of February, Dell Services and Atos announced a significant offering of IT outsourcing services that will provide a standardized cloud-based IT infrastructure and global support solution for Wolters Kluwer customers in the legal, tax, finance and healthcare industries. The shares closed at $17.83, up $0.18 or 1.02% on the day. They have traded in a 52-week range of $13.29 to $17.88.
Anadarko Petroleum (NYSE:APC): 24.4% of U.S. electricity came from gas, versus 42.8% from coal, during the 12 months through November, whereas in 2008, the figures were 21.4% and 48.2%, respectively, reported The Wall Street Journal. A comparison to a decade ago, when gas contributed 17.9% versus 49.8% from coal, further underscores the way in which cheap natural gas continues to pressure coal use and, by extension, coal miners. The shares closed at $87.21, up $4.34 or 5.24% on the day. They have traded in a 52-week range of $57.11 to $85.50.
Coinstar (NASDAQ:CSTR): Benchmark Co. raised its estimates and price target for Coinstar citing the company’s better than expected Q4 results and acquisition of NCR’s entertainment line of business. The firm maintains a Buy rating on the stock. The shares closed at $57.53, up $6.97 or 13.79% on the day. They have traded in a 52-week range of $37.43 to $60.71.
Equinix (NASDAQ:EQIX): Citigroup sees further upside in Equinix shares from the company’s opportunities to consider a REIT conversion for its colocation segment. The firm raised its price target for shares and said it remains a buyer of Equinix.
The shares closed at $129.00, up $5.1 or 4.12% on the day. They have traded in a 52-week range of $80.85 to $125.56.
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