During Monday’s current trade, Apple Inc. (NASDAQ:AAPL)’s shares gained 2.22% to $127.52.
Slice Intelligence estimated 957,000 people in the US pre-ordered the Apple Watch when the online sales portal opened up on 10 April. Its report even stated the average devices per order was more than one, indicating that some Apple fans were happy to splash their cash on multiple models.
The average of 1.3 watches resulted in an average spend of $503.83 per device. The cost of the much-anticipated wearable ranges from $349 for the 38mm Apple Watch Sport to $12,000 42mm Edition model that features 18-Karat Rose Gold and premium leather.
In total, there are 38 Apple Watch designs, in various shapes and sizes to choose from. The Slice figures indicate that the 42mm model was the most popular size option, with 71 per cent of buyers ordering the bigger Apple Watch and that the Space Gray aluminium case (40 per cent) was the most popular finish.
However, KGI Securities analyst Ming-Chi Kuo has stated the roughly 1 million pre-order forecast is on the low side, and has forecast worldwide shipments of 2.3 million devices by the end of May, based on the current delivery times. Apple Inc. designs, manufactures, and markets mobile communication and media devices, personal computers, and portable digital music players worldwide. The company also sells related software, services, accessories, networking solutions, and third-party digital content and applications.
Apple Inc. designs, manufactures, and markets mobile communication and media devices, personal computers, and portable digital music players worldwide. The company also sells related software, services, accessories, networking solutions, and third-party digital content and applications.
During an afternoon trade, General Electric Company (NYSE:GE)’s shares climbed 0.15% to $27.29.
General Electric Company, declared it is providing financing as part of an $88 million senior secured credit facility to support the acquisition of America’s Auto Auction (AAA) by Trinity Hunt Partners. GE Capital Markets served as co-lead arranger and joint-bookrunner on this facility, and GE Capital made an equity investment alongside the new owners.
AAA, headquartered in Dallas, owns and operates 11 regional wholesale auctions specializing in selling new car trade-ins, aged inventory, leased vehicles, bank-owned vehicles, boats and RVs. The company was founded in 2005 and is now the country’s third largest vehicle auctioneer.
General Electric Company (GE) operates as an infrastructure and financial services company worldwide. The company’s Power and Water segment offers gas, steam and aeroderivative turbines, nuclear reactors, generators, combined cycle systems, controls, and related services; wind turbines; and water treatment services and equipment.
Petróleo Brasileiro S.A. - Petrobras (NYSE:PBR), during its Monday’s current trading session lost -0.11%, to $8.78.
Petrobras, declared the concluded negotiations on various loan contracts. The loan contracts comprise:
- R$ 4.5 billion export note with Banco do Brasil through its partner BR Distribuidora for a 6-year period.
- R$ 2 billion standby loan with Caixa Econmica Federal for a 5-year period.
- R$ 3 billion standby loan with Bradesco for a 5-year period. Cooperation Contract with Standard Chartered Bank for the sale and leaseback of production platforms totaling up to $3 billion and for a 10-year period.
- These transactions, together with the ones already reached this year, will meet the company’s 2015 financing requirements.
The co noted that it will continue to assess financing opportunities aimed at anticipating some of the requirements for 2016.
Petróleo Brasileiro S.A. Petrobras operates as an integrated oil and gas company in Brazil and internationally. Its Exploration and Production segment is engaged in the exploration, development, and production of crude oil, natural gas liquids, and natural gas; sale and transfer of crude oil in domestic and foreign markets; and sale of oil products produced at natural gas processing plants.
Finally, Ampio Pharmaceuticals, Inc. (NYSEMKT:AMPE), dropped down -65.76% Monday, hitting its lowest level today.
Today, Ampio Pharmaceuticals, declared that the multiple injection STRIDE study AP008 did not reach its primary endpoint against the saline control even though there was a statistically noteworthy reduction in pain contrast to baseline for patients receiving Ampion™.
Ampio Pharmaceuticals launched the Phase III program for AmpionTM – a low molecular weight filtrate of an FDA approved biologic – to treat pain due to osteoarthritis (OA) of the knee. Each patient received three 4ml intra-articular injections of Ampion™or the saline placebo, one at baseline, the second at two weeks and the third at four weeks. In OA, saline is known to be a partial therapeutic and not a true placebo, but has been the control used in all published OA drug trials.
In the STRIDE study the saline control arm varied well out of a normal range, when contrast to previous Ampion™ studies and from the published results for other OA drugs. In the STRIDE study, the percentage change in WOMAC A for the saline control arm ranged from 12 percent to 60 percent from site to site. This is more than twice the range we have formerly seen in our studies. Historically, in larger studies, the response to saline has been stated to be in a range of 30-35 percent.
Ampio Pharmaceuticals, Inc., a biopharmaceutical company, focuses on developing therapies for the treatment of prevalent inflammatory conditions in the United States.
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