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Friday 25 September 2015
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Hot Stocks News Analysis: Apple Inc (NASDAQ:AAPL), The Coca-Cola Co (NYSE:KO), Procter & Gamble Co (NYSE:PG), American Airlines Group Inc (NASDAQ:AAL)

On Friday, Shares of Apple Inc (NASDAQ:AAPL), lost -0.41% to $113.45.

To assist make the switch from Android to iOS easier, Apple Inc (NASDAQ:AAPL) created its first Android app, “Move to iOS.” According to Business Insider

The app was designed to quickly and easily transfer an Android user’s contacts, message history, photos, videos, email accounts, calendars, and web browser bookmarks over to their new iPhone when they switch. It’s the first Apple app to exist in the Google Play app store, and Android fans are flooding it with one-star reviews to voice their displeasure at Apple.

The influx of low ratings has caused the app’s rating to plunge to a 1.7 star average, with an astounding 24,813 reviewers giving the app a single-star rating.

“Apple sucks,” wrote a reviewer who gave the app a one-star rating. “Seriously, iPhones are slow and everything is still restricted. Don’t switch, it’s just a bad idea.” Business Insider Reports

Most of the negative reviews appear to be coming from Android fans and Apple haters rather than people who have actually used the app. Reviewers that mention the actual experience appear to be satisfied, writing that the app “Does what it does” with “no issues.”

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 The Coca-Cola Co (NYSE:KO), declined -0.98% to $38.99, during its last trading session.

Coca-Cola was notified by the IRS that it owes $3.3 billion more in federal taxes, in addition to interest, for 2007 to 2009, the company said Friday.

The Atlanta-based company said in a regulatory filing that it believes the assessments from the Internal Revenue Service are without merit and plans to pursue “all administrative and judicial remedies necessary to resolve the matter.” AP Reports

The maker of Sprite, Dasani, Powerade and other drinks says the disagreement is over how much it should report as taxable income in the U.S., in relation with licensing that allows its foreign associates to sell products like soft drink concentrates to bottlers overseas.

Coca-Cola Co. said it was notified that a recommendation was made to the IRS’s chief counsel that the matter be designated for litigation. The company said it plans to start disputing the matter by filing a petition in U.S. Tax Court. AP added.

The Coca-Cola Company, a beverage company, manufactures and distributes various nonalcoholic beverages worldwide. The company primarily offers sparkling beverages and still beverages. Its sparkling beverages comprise nonalcoholic ready-to-drink beverages with carbonation, such as carbonated energy drinks, and carbonated waters and flavored waters.

Shares of Procter & Gamble Co (NYSE:PG), declined -0.46% to $69.92, during its last trading session.

Procter & Gamble plans to step up its effort to provide clean drinking water to parts of the developing world where contamination can cause illness that endangers lives. Bizjournals.com Reports

The Cincinnati-based company (NYSE: PG) has partnered with organizations worldwide to deliver 9 billion liters of clean water since starting the Children’s Safe Drinking Water Program in 2004. P&G has set a new aim of delivering another 6 billion liters of clean water by 2020, for a total of 15 billion liters.

P&G intends to launch more than 25 new clean drinking water projects over the next five years. Groups that would benefit comprised malnourished children, families in rural areas without safe drinking water, victims of natural disasters and people with HIV or AIDS.

P&G scientists used research related to laundry detergent to invent P&G Purifier of Water packets in partnership with the U.S. Centers for Disease Control and Prevention.

P&G has worked with more than 150 organizations to distribute such packets in 75 developing countries. Bizjournals.com added

The Procter & Gamble Company, together with its auxiliaries, manufactures and sells branded consumer packaged products worldwide. It operates through five segments: Beauty, Hair and Personal Care; Grooming; Health Care; Fabric Care and Home Care; and Baby, Feminine and Family Care.

Finally, American Airlines Group Inc (NASDAQ:AAL), ended its last trade with -1.14% loss, and closed at $43.49.

The CEOs of American Airlines and Delta Air Lines met with Secretary of State John Kerry as they stepped up their fight against what they say is unfair competition from the three biggest Middle East airlines, according to AP.

American Airlines CEO Doug Parker and Delta CEO Richard Anderson met with Kerry in Washington on Thursday. The State Department said Kerry indicated that the administration is still reviewing the CEOs’ complaints.

It remains unclear, however, whether the Obama administration will accept the CEOs’ argument that the Middle East carriers are heavily subsidized by their governments. The U.S. airlines first lodged their complaints early this year. AP Reports

American Airlines Group Inc., through its auxiliaries, operates in the airline industry. As of December 31, 2014, the company operated 983 mainline jets, in addition to 566 regional aircrafts through regional airline auxiliaries and third-party regional carriers. It serves 339 destinations in 54 countries.

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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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