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Thursday 15 October 2015
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Eye-Catching Stocks: Apple (NASDAQ:AAPL), Oracle (NYSE:ORCL), Companhia Energetica Minas Gerais (NYSE:CIG)

On Tuesday, Shares of Apple Inc. (NASDAQ:AAPL), gained 0.17% to $111.79. The stock attained the volume of 33.05 million shares.

Apple® updated the entire iMac® family, bringing a stunning new Retina® 4K display to the 21.5-inch iMac for the first time and the Retina 5K display to every 27-inch iMac. The new Retina displays make photos and videos more immersive and true-to-life thanks to a wider color gamut and spectacular image quality. The updated iMacs also feature more powerful processors and graphics, two Thunderbolt® 2 ports and new storage options that make the high-performance Fusion Drive even more affordable.

Apple recently also introduced a new lineup of wireless accessories counting the all-new Magic Keyboard™, Magic Mouse® 2 and Magic Trackpad® 2. The Magic devices have been redesigned to feel more comfortable than ever, and feature rechargeable batteries that completely eliminate the need for disposable batteries. The new Magic Trackpad 2 also brings Apple’s revolutionary Force Touch interface to the desktop, adding a new dimension to the iMac experience.

With Retina display, text appears sharper than ever, videos are unbelievably lifelike and you can see new levels of detail in your photos. The 21.5-inch iMac is accessible with the all-new Retina 4K display featuring an amazing 4096 x 2304 resolution and 9.4 million pixels, 4.5 times more than the standard 21.5-inch iMac display. Every 27-inch iMac features a Retina 5K display, the world’s highest resolution all-in-one display with a stunning 14.7 million pixels, 7 times more pixels than an HD display. With a Retina display now on the 21.5-inch iMac and every 27-inch iMac, iMac with Retina display is more affordable than ever.

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 Oracle Corporation (NYSE:ORCL), dropped -0.58% to $37.82, during its last trading session.

Oracle (ORCL) declared its membership of standards organizations IFX Forum and BIAN. Oracle has been a leader in the creation and support of open standards to enable systems and technology to work together, providing both efficiency and choice to our customers. These new memberships extend Oracle’s commitment and contributions to international and national standards.

Banks are grappling with modernizing their IT environments. Cloud adoption, the deployment of digital capabilities, and standards adoption can assist them meet these challenges. Standards adoption provides a foundation for planned enterprise architecture planning and application integration, both of which are critical in increasing bank agility.

IFX Forum and BIAN are two complementary industry-leading standards development organizations addressing Service Oriented Architecture (SOA) in financial services. BIAN and IFX framework are technology-neutral; when used together they can provide a powerful, standardized, interoperable solution for financial institutions. Both organizations believe that leveraging their standards together can positively impact in the banking industry and can bring mutual benefits to both organizations, now or in the future. The philosophies underpinning the BIAN and IFX standards closely align with Oracle’s approach to unlocking value through partnership across both standards and solutions.

Oracle Corporation develops, manufactures, markets, sells, hosts, and supports database and middleware software, application software, cloud infrastructure, hardware systems, and related services worldwide.

Finally, Companhia Energetica Minas Gerais (ADR) (NYSE:CIG), ended its last trade with -5.94% loss, and closed at $1.90.

The stock closed at a distance of 4.42% from 20-day simple moving average. In the last trading session, the stock’s price moved -48.63% below its 200 day moving average, changing hands as low as $1.88 per share. The stock is presently trading -10.81% below its SMA 50.

Companhia Energetica Minas Gerais’ stock was down as the decline in the Brazilian real drags some U.S. traded Brazil-based stocks into the red Tuesday.

Brazil’s currency, the real, has declined on heightened political turmoil in the country in addition to data showing weakness in China, Brazil’s top trading partner, Bloomberg reports.

Companhia Energetica Minas Gerais is a Belo Horizonte-based holding company that is primarily engaged in the generation, transmission and distribution of electricity.

The real has declined the most among the 16 major currencies of the world, Bloomberg added. The real declined by 2.4% to 3.851 per dollar this afternoon.

Data out of China recently showed the country’s imports and exports for September have declined year over year due to low demand.

Companhia Energética de Minas Gerais S.A., through its auxiliaries, engages in the generation, transformation, transmission, distribution, and sale of electric energy primarily in Minas Gerais, Brazil.

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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.

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