Apple’s WWDC and 4 SUPER Hot Stocks
Bank of America (NYSE:BAC): Today, Bank of America announced its new environmental business goal, lasting 10 years and totaling $50B, which should assist in addressing climate change, lower demands for natural resources, and accelerate lower-carbon economic solutions. The company also explained several new goals intended to reduce the environmental effect of its own operations. Beginning January 1, 2013, the goal will follow the completion of BofA’s current business initiative, initially expected to last 10 years and total $20B, which is over four years ahead of schedule. The company also plans to provide $100M worth of grants and other investments to benefit other non-governmental organizations who work to promote low-carbon and research conservation solutions.
Apple Inc. (NASDAQ:AAPL): Apple plans to begin a major conference for technology developers shortly with a keynote presentation that intends to end speculation involving the company’s key hardware and software initiatives. The announcements should also include Apple’s next version of the iPhone and iPad operating systems as well as MacBook updates. CEO Tim Cook, world-wide marketing head Phil Schiller, and Apple’s senior VP for iOS software Scott Forstall are expected to speak at the Worldwide Developer Conference.
Investing Insights: Is This Apple’s Next Big ASSAULT on Competitors?
Facebook, Inc. (NASDAQ:FB): Because its U.S. equity indexes will be fully reconstituted on June 22, Russell Investments posted official lists of companies who plan to join of leave the U.S. Broad-market Russell 3000 Index and Russell Microcap Index. According to the preliminary list, the largest addition to the Russell 3000 by market capitalization is Facebook.
AT&T, Inc. (NYSE:T): Los Angeles Times reports that at hundreds of locations in California and Nevada, AT&T land-line workers walked off their jobs as part of a one-day protest to fight the company’s contract demands.
Nokia Corporation (NYSE:NOK): Following Samsung’s (SSNLF.PK) denial of rumors suggesting its interest in Nokia, Nokia trades lower. Although Nokia’s IP, brand, and manufacturing specialties may be beneficial to Samsung, regulators may not wish to see it happen because there would be a great deal of integration challenges.
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