On Wednesday, Apple Inc. (NASDAQ:AAPL), ended its last trade with -0.48% loss, and closed at $110.78.
The stock closed at a distance of -1.91% from 20-day simple moving average. In the last trading session, the stock’s price moved -8.18% below its 200 day moving average, changing hands as low as $109.41 per share. The stock is presently trading -2.45% below above its SMA 50.
Samsung Electronics Co.’s new mobile-payment service Samsung Pay wasn’t influenced by a Chinese hacking attack, and no customer information was lost, the company said in a blog. According to Bloomberg
The attack influenced three servers of LoopPay, a startup that was attained by Samsung earlier this year and served as the basis for its payment service.
Samsung Pay, which debuted in South Korea in August and became available in the U.S. in September, assists Samsung match a similar offering from Apple Inc., whose Apple Pay mobile-payment service has been out for a year. While Samsung hasn’t released usage numbers, “Samsung Pay is off to an amazing start,” the blog said. Older mobile-payment services, such as Google Wallet and Apple Pay, have struggled to reach mainstream adoption. Bloomberg Report
“Samsung is extremely committed to securing and protecting user data to the highest industry standards,” Darlene Cedres, Samsung’s chief privacy officer, said in the statement.
Apple Inc. designs, manufactures, and markets mobile communication and media devices, personal computers, watches, and portable digital music players worldwide.
Shares of Newmont Mining Corp (NYSE:NEM), surged 3.27% to $18.95, during its last trading session. The share price of this stock traded recently in a range of $18.40 to $19.20. The company now has a market value of $9.71 billion.
For this company, beta value at 0.04 represents it is more volatile to the shift in the market. If we take a look on its volatility, 4.71% was seen in a week and for the month it was 4.21%, as the uptick in gold prices drives some mining and related stocks into the green recently.
The price of the precious metal extended its gains into a fourth successive session following Friday’s disappointing U.S. jobs data, MarketWatch reports. The weak jobs report supported gold as it signaled the U.S. economy may not be ready for the Fed to hike up interest rates.
Newmont mining is a Greenwood Village, CO-based mining and gold producing company.
Newmont Mining Corporation operates in the mining industry. It primarily acquires, develops, explores for, and produces gold, copper, and silver deposits.
Shares of Amicus Therapeutics, Inc. (NASDAQ:FOLD), gained 11.27% to $7.01. The stock attained the volume of 8.67 million shares.
The year-to-date (YTD) performance reflected a -15.75% below last year. During the past month the stock loses -59.60%, bringing three-month performance to -50.07% and six-month performance to -39.52%. The stock holds the market capitalization of 831.53M.
Shares of Amicus Therapeutics FOLD plunged significantly after the FDA asked for additional data on its lead candidate, galafold (migalastat). According to Zacks
The candidate is being evaluated for the treatment of Fabry disease. Amicus declared that it has received minutes from its pre New Drug Application (NDA) meeting with the FDA held in Sep 2015. Thereafter, the company has been conducting additional follow-up interactions with the FDA.
Amicus has been asked by the FDA to produce additional data on galafold’s effect on gastrointestinal symptoms in Fabry disease to support its NDA submission requesting full approval in addition to a Subpart H strategy. Zacks
Amicus Therapeutics, Inc., a biopharmaceutical company, develops and commercializes therapeutic products for rare and orphan diseases. Its product candidate is a small molecule that can be used as a monotherapy and in combination with enzyme replacement therapy (ERT) for Fabry disease.
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