Apple Bashes DOJ Proposal on Publishers and 2 More Heavily Traded Stocks to Follow
Apple Inc. (NASDAQ:AAPL): Closing price $462.54
Apple responded on Friday to a Justice Department proposal filed the same morning suggesting the company should end its current arrangements with book publishers and obey a number of restrictions on its platform after it was found guilty of conspiring to raise prices. In a court filing, Apple said that the proposed remedy is “draconian” and out of proportion to any misconduct.
Stereotaxis Inc. (NASDAQ:STXS): Closing price $7.34
Stereotaxis shares closed Friday up more than 73 percent with a volume surpassing 17 million. There was no specific news that might have prompted the activity, nor has there been since Monday, when the firm announced it was granted 510k clearance by the Food and Drug Administration to market its Vdrive Robotic Navigation System with V-Sono Intracardiac Echocardiography catheter manipulator in the United States.
CSX Corp. (NYSE:CSX): Closing price $26.05
CSX Corporation said Friday that the Tuscola Industrial Rail Park in Illinois had been designated as a CSX Select Site. These locations represent manufacturing projects along the CSX rail network that can progress quickly because standard land use questions have been addressed. The site will be ready for development after a comprehensive due diligence process. CSX launched the Select Site program in 2012. In order to screen candidate sites and help communities with the application and certification process, the company partnered with Austin Co., a site selection firm.
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