While you were sleeping: Apple bolsters optimism

Wed, 23 Jul 2014

By Margreet Dietz July 24 (BusinessDesk) - Wall Street was mixed, as investors digested the latest quarterly earnings including from Apple and Boeing, amid ongoing concern about violence in Ukraine and Gaza. By and large the US second-quarter earnings season has so far underpinned an upbeat outlook for corporate profits. Shares of Apple climbed, last up 2.7 percent, after its quarterly results bolstered optimism about the company’s margins and new product pipeline. At least six brokerages raised their price targets on the stock by as m...

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