On Friday, Shares of Apple Inc. (NASDAQ:AAPL), gained 0.88% to $132.54.
Jony Ive, Apple Inc.’s top designer, will give up day-to-day managerial duties in what the company said is a promotion to the newly created position of chief design officer, according to Bloomberg.
Ive, who’s been behind shaping the look and feel of Apple’s most important products, will still lead design efforts while focusing entirely on “current design projects, new ideas and future initiatives,” the Cupertino, California-based tech company said Monday in an e-mailed statement.
Ive’s two deputies will take on the managerial duties, starting July 1, according to the company. Richard Howarth becomes vice president of industrial design and Alan Dye takes the role of vice president of interface design. Both had been designers, according to Apple. The Telegraph in London earlier stated the news. Bloomberg Reports.
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 Zynga, Inc. (NASDAQ:ZNGA), declined -1.35% to $2.93, during its last trading session.
Zynga filed SEC Form 4 for the most recent Insider Transaction. Ellen F Siminoff , the director of Zynga Inc sold 10,000 shares on May 15, 2015. The Insider selling transaction was revealed on May 19, 2015 to the Securities and Exchange Commission. The shares were sold at $3.04 per share for a total value of $30,415.00.
Analysts at Zacks have given a short term rating of buy on Zynga, with a rank of 2.
Sell-side analysts are expecting Zynga Inc. (NASDAQ:ZNGA) to report quarterly earnings per share of $-0.06 for the quarter ending 2015-06-30. This consensus figure is based on 14 firms providing estimates. Investors will be paying close attention to whether the company misses or beats this number. The company is slated to report earnings on or around 2015-08-06.
Zynga Inc. develops, markets, and operates online social games as live services played on the Internet, social networking sites, and mobile platforms in the United States, Asia, and Europe. The company offers its online social games under the FarmVille, Words With Friends, Zynga Poker, Hit It Rich! Slots, CSR Racing, FarmVille 2: Country Escape, NFL Showdown, New Zynga Poker, New Words With Friends, Wizard of Oz Slots, Looney Tunes Dash!, CSR Classics, and Clumsy Ninja names.
At the end of Friday’s trade, Shares of Expedia Inc. (NASDAQ:EXPE), gained 6.71% to $113, hitting its highest level.
Ctrip.com International, Ltd. (CTRP), declared its investment in eLong, Inc. (LONG) through acquiring eLong shares from certain selling shareholders, counting Expedia, Inc. (EXPE), together with several other investors. Ctrip attained a 37.6% equity stake in eLong for a total purchase price of about $400 million.
In addition, Ctrip and Expedia have agreed to cooperate with each other to allow their respective customers to benefit from certain travel product offerings for specified geographic markets.
The transaction closed on May 22, 2015.
Ctrip.com International, Ltd. is a leading travel service provider of accommodation reservation, transportation ticketing, packaged tours, and corporate travel administration in China.
Expedia, Inc., together with its auxiliaries, operates as an online travel company in the United States and internationally. The company operates in two segments, Leisure and Egencia. It provides travel products and services to leisure and corporate travelers, offline retail travel agents, and travel service providers through a portfolio of brands, counting Expedia.com, Hotels.com, Hotwire.com, Classic Vacations, Travelocity, Expedia Local Expert, Egencia, Expedia CruiseShipCenters, eLong, and Venere.com, in addition to trivago, CarRentals.com, Wotif.com, lastminute.com.au, travel.com.au, Asia Web Direct, LateStays.com, GoDo.com.au, and Arnold Travel Technology.
Genworth Financial, Inc. (NYSE:GNW), ended its last trade with 1.93% gain, and closed at $7.93.
Financial stocks remained narrowly mixed in late trade with the NYSE Financial Sector Index dropping about 0.1% while the S&P Financial 100 Index was up by about 0.1%.
The Toronto stock market drifted marginally lower Monday in the absence of major economic news and with U.S. markets closed for the Memorial Day holiday.
At mid-afternoon, the S&P/TSX composite index was down 8.75 points at 15,192.01 despite a slight rise in commodity prices.
The Canadian dollar was down 0.06 of a U.S. cent at 81.23 cents.
Genworth Financial, Inc. provides insurance, retirement, and homeownership solutions in the United States and internationally. It operates through U.S. Life Insurance, International Mortgage Insurance, U.S. Mortgage Insurance, International Protection, and Runoff segments. The U.S. Life Insurance segment offers and manages various life insurance, long-term care insurance, and fixed annuity products.
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.
