Apple’s Rocketing iPhone Demand, JPMorgan’s Settlement Talks, and 3 More Hot Stocks

Apple Inc. (NASDAQ:AAPL): iPhone demand in China and Japan is expected to play a key role in pushing demand to 34.5 million units for the September quarter. This is more than the 33 million units that Wall Street has agreed upon, and even that was an upwards revision after the company sold 9 million of the phones during the 5S and 5C release weekend.

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JPMorgan Chase (NYSE:JPM): Discussions between JPMorgan chief Jamie Dimon and U.S. Attorney-General Eric Holder were reportedly “constructive”, with “good progress” made, although the sides have yet to agree on a final deal that would settle many of the numerous investigations into the bank, but notably, “not necessarily all of them.” The Department of Justice and other agencies want the bank to pay $7 billion in fines and $4 billion in mortgage relief, as well as admit wrongdoing.

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Lockheed Martin (NYSE:LMT): Lockheed has increased the scope of its stock buyback program by $3 billion, adding to $1.4 billion that carried over from a previous repurchase program as of June 30th. The company bought $1 billion in shares last year, and $926 million in the first half. In addition, Lockheed announced a fourth quarter dividend of $1.33 a share, up from the $1.15 for the prior quarter.

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RDA Microelectronics, Inc. (NASDAQ:RDA): RDA shares are up nearly 9 percent as it has received an unsolicited offer from the state-owned Shanghai Pudong Science and Technology Investment Co. to acquire all outstanding American depositary share for $15.50 each. That figure puts a premium of 11.7 percent to RDA’s Thursday close of $13.88, and values the company at about $750 million.

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The Carlyle Group (NYSE:CG): The New York Times reports that Carlyle’s investment of $500 million in Beats, the headphone maker founded by Dr. Dre and Jimmy Iovine, values the company at more than $1 billion. Carlyle will take two of six seats on Beats’ board. Beats claims about 64 percent of the market for headphones costing more than $100, according to the NPD Group.

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