Apple’s Fingerprint Sensor Opens Doors, Expedia’s Air France Arrangement, and 3 More Hot Stocks
Apple Inc. (NASDAQ:AAPL): The rumored fingerprint sensor that may be finding its way into the iPhone 5S could bolster the company’s mobile commerce and enterprise adoption, according to Wells Fargo analyst Maynard Um. ”As consumers increasingly rely on mobile devices to transact and store personal data, a reliable device-side authentication solution may become a necessity,” he said, adding that he also sees a fingerprint sensor driving sales in the enterprise market, as corporations are likely to see the benefits of strong security measures.
Expedia Inc. (NASDAQ:EXPE): Expedia’s private-label affiliate network will be providing listings for around 160,000 hotels worldwide to visitors of Air France’s websites. Although Expedia is already featured on Air France’s domestic site, it will be available on another 60 international sites in the near future.
Sprint Corp. (NYSE:S): The third-largest U.S. carrier has sold $2.25 billion worth of 7.25 percent notes due in 2021 and $4.25 billion worth of 7.875 percent notes due in 2023 in efforts to raise capital for “general corporate purposes, which may include, among other things, redemptions or service requirements of outstanding debt and network expansion and modernization.” The deal saw $10 billion in orders and “was so large that Sprint could not capture the lowest rates possible,” The Wall Street Journal reports.
Qualcomm Corp. (NASDAQ:QCOM): Amid the media flurry over Samsung’s new smart watch, Qualcomm has launched a watch of its own. Known as Toq (pronounced “talk”), the company is planning to sell the devices to consumers starting in the middle of next month and produce tens of thousands, if not hundreds of thousands, of the units. “It’s a second screen for your smartphone, and it is always on,” CEO Paul Jacobs told the crowd at the annual Uplinq developer conference.
US Airways Group (NYSE:LCC): U.S. Airways reports that mainline passenger miles rose 6.3 percent year-over-year last month to 6.3 billion, while the company set an August record for its load factor. Latin American routes remain a strong point, as they packed on a 9.5 percent year-over-year gain.