On Tuesday, Shares of AT&T, Inc. (NYSE:T), lost -1.43% to $34.37.
Apple Inc. stock has been hit by the blue-chip jinx, as it has been losing ground to AT&T Inc. shares since the hip technology giant replaced the old-school telecommunications company in the Dow Jones Industrial Average two months ago, according to MarketWatch.
Since the swap became effective after the market closed on March 18, Apple’s stock has tacked on $1.83, or 1.4%, through morning trade Tuesday, while AT&T shares have climbed 88 cents, or 2.6%. Over the same time, the Dow has advanced about 241 points, or 1.3%.
Meanwhile, since the Dow is a price weighted index, Apple’s nominal price gain has added about 12 points to the Dow’s price, while AT&T’s rise would be worth about 6 Dow points, using the previous multiplier, MarketWatch Reports.
AT&T Inc. provides telecommunications services in the United States and internationally. The company operates through two segments, Wireless and Wireline. The Wireless segment offers data and voice services, counting local, long-distance, and network access services, in addition to roaming services to youth, family, professionals, small businesses, government, and business customers.
Shares of NVIDIA Corporation (NASDAQ:NVDA), declined -1.08% to $21.04, during its last trading session.
NVIDIA Corporation, will present at the following conference for the financial community:
Bank of America Merrill Lynch 2015 Global Technology Conference on Tuesday, June 2, 2:05 p.m. Pacific time, Ritz-Carlton Hotel, San Francisco.
NVIDIA Corporation operates as a visual computing company in the United States, Taiwan, China, the rest of Asia Pacific, Europe, and other Americas. The company operates through two segments, GPU and Tegra Processors.
At the end of Tuesday’s trade, Shares of Texas Instruments Inc. (NASDAQ:TXN), lost -0.02% to $55.78.
Texas Instruments, declared that its Philippines operations have been recognized both as the country’s top exporter and an outstanding employer for 2015 by the Philippine Economic Zone Authority (PEZA).
The Billionaires Award, which TI received for the third successive year, recognizes companies that export goods or services worth at least $2.5 billion a year. This year, TI also received the Outstanding Employer Award, which is presented to companies that have generated the most jobs, held high regard for the welfare of its workers and maintained harmony between the workforce and administration.
PEZA, an agency under the Philippine Department of Trade and Industry, is responsible for promoting investments, extending assistance, granting incentives and facilitating the operations of investors in export-oriented manufacturing and service facilities in the country.
The awards were presented to Yunus by Philippines President Benigno C. Aquino III, Department of Trade and Industry (DTI) Secretary Gregory Domigo and PEZA Director General Lilia de Lima at the department’s 20th anniversary event, held at the World Trade Center in Pasay City.
Texas Instruments Incorporated designs, manufactures, and sells semiconductors to electronics designers and manufacturers worldwide. It operates through two segments, Analog and Embedded Processing.
Finally, Coach, Inc. (NYSE:COH), ended its last trade with -0.61% loss, and closed at $37.38.
Coach, declared that its Board of Directors has declared a quarterly cash dividend of $0.3375 per common share. The dividend is payable on June 29, 2015 to shareholders of record as of the close of business on June 5, 2015.
Coach, Inc. provides luxury accessories and lifestyle collections for women and men in the United States and internationally. It offers handbags, money pieces, wristlets, rings, charms, and cosmetic cases for women; and business cases, computer bags, messenger-style bags, totes, wallets, card cases, and belts, in addition to time administration and electronic accessories for men.
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