On Tuesday, Shares of Apple Inc. (NASDAQ:AAPL), gained 0.72% to $125.43.
On June 30, Apple launched its Apple Music app to much industry buzz about how the company might shake up the current streaming music market. But it may have wished Steve Jobs was still around to nail the user experience and the timing of the launch. Apple Music combines four core services:
- Connect: Social media site for musicians and fans to interact.
- Radio: Beats 1 live stations, genre-specific stations, and user-created stations based on a seed-song.
- New: Curated playlists of new albums or artists (1989 from Taylor Swift showed up at the top. They are really giving in to her!)
- For You: Recommends playlists based on your genre and artist preferences, and your iTunes library. The playlists are curated by music experts.
The indie UK band Spring King was blown away that its song, City, was chosen as the first to be played by DJ Zane Lowe on Apple Music’s live new Beats 1 radio station.
“Never predictable to be part of something so big by doing what we love,” the band wrote on its Facebook page.
The launch appears to have gone off without any major hiccups and with strong support from artists. Apple isn’t saying how many consumers subscribed.
Apple Music debuted with a catalog of more than 30 million tracks, similar to rivals. After a 90-day free trial, members of Apple’s service must pay $9.99 a month (or $14.99 monthly for a family of up to six) for on-demand access to that music.
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 MGM Resorts International (NYSE:MGM), inclined 3.81% to $18.25, during its last trading session, together with other Macau-related stocks following reports that China is loosening its restrictions on local travelers visiting the world’s largest gambling hub, according to Bloomberg.
Macau is the only region in China where gambling is legal.
Under new guidelines, visitors with mainland China passports can stay in the region a couple days longer. The government will allow local tourists to stay up to seven days in Macau, up from the current five day limit, Bloomberg added.
In other news, The MGM Resorts Foundation declared Patricia Russell-McCloud as a keynote speaker at the 2015 Women’s Leadership Conference. The non-profit event will be held at MGM Grand Hotel & Casino in Las Vegas, NV July 13 and 14.
Russell-McCloud, named one of the top five business motivators in the country by Black Enterprise Magazine, has more than 20 years on the lecture circuit and is categorized as one of the nation’s best speakers. Each year she speaks to more than 200,000 people in private and public organizations in the U.S. and around the world. Her style is engaging, highly substantive, well-researched, entertaining and unforgettable.
The 2015 Women’s Leadership Conference theme is “Women Inspiring Women.” The two-day conference, which sold out last year, will offer a wide range of learning opportunities, career guidance and personal growth tools, counting:
- Exposure to diverse, nationally recognized speakers and accomplished women role models
- Career-oriented workshops that will give participants hands-on opportunities to develop skills based on their career needs
- Three distinct learning tracks for participants who are Emerging Leaders, Emerging Executives and Executives.
Patricia Russell-McCloud encourages her audiences to surmount every obstacle that stands between them and the possible. Her client list comprises, but is not limited to, AT&T, General Motors, McDonald’s, Northrop Grumman, General Electric, Xerox and Proctor & Gamble.
MGM Resorts International, through its auxiliaries, owns and/or operates casino resorts. It operates through two segments, Wholly Owned Domestic Resorts and MGM China. The company’s casino resorts offer gaming, hotel, convention, dining, entertainment, retail, and other resort amenities. Its casino operations comprise slots, table games, and race and sports book wagering.
Finally, Dresser-Rand Group Inc. (NYSE:DRC), ended its last trade with 0.01% gain, and closed at $85.18, hitting its highest level.
S&P SmallCap 600 constituent Cracker Barrel Old Country Store Inc. (CBRL) will replace Dresser-Rand Group Inc. (DRC) in the S&P MidCap 400, and Marten Transport Ltd. (MRTN) will replace Cracker Barrel Old Country Store in the S&P SmallCap 600 after the close of trading on Wednesday, July 1. Siemens AG is acquiring Dresser-Rand Group in a deal predictable to be accomplished soon.
Cracker Barrel Old Country Store develops and operates the Cracker Barrel Old Country Store concept. Headquartered in Lebanon, TN, the company will be added to the S&P MidCap 400 GICS (Global Industry Classification Standard) Restaurants Sub-Industry index.
Marten Transport operates as a temperature-sensitive truckload carrier for shippers. Headquartered in Mondovi, WI, the company will be added to the S&P SmallCap 600 GICS Trucking Sub-Industry index.
Dresser-Rand Group Inc., together with its auxiliaries, designs, manufactures, sells, and services rotating equipment solutions to the oil, gas, chemical, petrochemical, process, power generation, military, and other industries worldwide. It operates in two segments: New Units, and Aftermarket Parts and Services.
DISCLAIMER:
This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.
All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.
Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.
Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified through the use of such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should/might occur.