Apple’s Request Granted By Seoul Court and 4 Hot Stocks Seeing Action Today
Bicank of Amera (NYSE:BAC): Fed governor Daniel Tarullo requested that Congress consider capping the size of the nation’s financial firms, which indicates one of the most high-profile challenges to the manner in which Wall Street does business. Tarullo recommended curbing banks’ growth via a limit on their nondeposit liabilities, which are sources to fund operations going beyond consumer deposits, according to the Wall Street Journal.
Apple Inc.’s (NASDAQ:AAPL) request to delay a sales ban has been granted by a Seoul court. The ban is on some iPhones and iPads following an August ruling claiming that they infringed upong Samsung Electronics Co.’s (SSNLF) patents, reports Bloomberg.
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Facebook, Inc. (NASDAQ:FB): General Motors (NYSE:GM) still hasn’t been convinced by Facebook ads five months after pulling the $10 million a year it was spending on ads with the social network, according to Business Insider. A report on Inside Facebook stated that the companies are “working incredibly closely.”
AT&T, Inc. (NYSE:T) and IBM plan to team up to offer a cloud IaaS to large businesses during 2013, and they both claim that it makes it more secure and manageable than other cloudy infrastructures. The two should be able to overcome the concerns of companies nervous about a lack of control or suspect security.
Nokia Corporation (NYSE:NOK) intends to publish its Q3 2012 results on Thursday, October 18, 2012 at 1pm Finnish time (CET+1). The press release is to be available on the company’s website directly following its publication.
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