Apple iPhone Composition Rumors Swirl and 3 Hot Stocks Buzzing Now
Bank of America (NYSE:BAC): Current price $11.61
The St. Lewis Jewish Community Center said that they have resolved a dispute with Bank of America over the center’s $45 million loan to improve its facilities. Terms of the agreement are confidential, representatives of the bank and the center said. Bank of America sued the center in March, claiming they had withheld payment of $4 million to try to force BoA to provide better terms on the loan. The suit alleged the center balked at paying back a $2.5 million line of credit and two bond redemptions from 2010 and 2011.
AT&T, Inc. (NYSE:T): Current price $33.93
AT&T, Inc. and Polycom (NASDAQ:PLCM) announced a strategic agreement to personalize, mobilize and virtualize video meetings. Enabled by AT&T Business Exchange, MPLS, Internet and mobility networks and the Polycom RealPresence Platform, the agreement will create greater availability of cloud-delivered video communication capabilities, giving customers unmatched choice of when, how, and where they collaborate.
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Nokia Corporation (NYSE:NOK): Current price $4.5799
As some investors face uncertainty about how low Apple (NASDAQ:AAPL) stock can go, astute investors have been enjoying handsome profits with Apple competitors Nokia Corporation and Research In Motion (NASDAQ:RIMM). Since August, Nokia stock has beaten Apple stock by 182%, while Research In Motion stock has beaten Apple by 98%.
Apple Inc. (NASDAQ:AAPL):Current price $487.43
According to DigiTimes, Apple Inc.’s entry-level iPhone may adopt a plastic chassis instead of reinforced glass to save cost. However, sources from the upstream supply chain, have other rumors saying that the iPhone will adopt a chassis mixed with plastic and metal.
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