On Friday, Shares of Apple Inc. (NASDAQ:AAPL), gained 0.70% to $115.96.
Australia’s corporate bond market is poised for a big boost as US tech giant Apple prepares its first Kangaroo bond, according to Reuters.
The world’s largest company by market value has made a habit of shattering global bond records since its $17 billion debut debt offering in May 2013, and market participants are predicting another big deal. Reuters Reports
Apple is to start investor calls tomorrow ahead of the potential debut Kangaroo, the name given to bonds from foreign issuers in the Australian market. Reuters added.
Apple Inc. designs, manufactures, and markets mobile communication and media devices, personal computers, watches, and portable digital music players worldwide. The company also sells related software, services, accessories, networking solutions, and third-party digital content and applications.
Shares of Devon Energy Corporation (NYSE:DVN), inclined 0.11% to $46.06, during its last trading session, hitting its lowest level.
Howard Weil cut shares of Devon Energy Corp (NYSE:DVN) from a focus stock rating to a sector outperform rating in a report issued on Friday, Analyst Ratings.Net reports. The brokerage presently has $80.00 target price on the energy company’s stock.
The firm declared a quarterly dividend, which will be issued on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be issued a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a dividend yield of 2.08%. The ex-dividend date is Friday, September 11th.
Devon Energy Corporation, an independent energy company, primarily engages in the exploration, development, and production of oil, natural gas, and natural gas liquids (NGLs) in the United States and Canada.
Finally, Cerner Corporation (NASDAQ:CERN), ended its last trade with 2.16% gain, and closed at $64.25.
Cerner Corporation (CERN) declared results for the 2015-second quarter that ended July 4, 2015.
Bookings in the second quarter of 2015 were $1.29 billion, an all-time high and an enhance of 20 percent contrast to $1.08 billion in second quarter 2014.
Second quarter revenue was $1.126 billion, an enhance of 32 percent contrast to $851.8 million in the year-ago period. Second quarter revenue was below guidance offered by the Company. However, the lower revenue did not have a material impact on profitability, and Cerner’s adjusted earnings were in-line with guidance.
Cerner Corporation designs, develops, markets, installs, hosts, and supports healthcare information technology, healthcare devices, hardware, and content solutions for healthcare organizations and consumers in the United States and internationally.
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