Cumberland Advisors' David Kotok isn't convinced about Apple's rally in share price yet.
Sectors
Harris and Blitzer buy New Jersey Devils
David Blitzer and Joshua Harris just purchased the New Jersey Devils hockey team. David Blitzer, Senior Managing Director of Blackstone Group and Joshua Harris, co-Founder of Apollo Global Management just bought the New Jersey Devils hockey team from former Lehman Brothers executive, Jeffrey Vanderbeek's ownership controlled group.
Kelso in advance talks to sell Custom Building Products to Quikrete
Kelso in advance talks to sell Custom Building Products in what could be a multi-million dollar buyout.
Bracket now with Parthenon
It was announced that Parthenon acquired Bracket from Express Scripts Holding Company. Bracket announced via Press Release that it is no longer under the wing of Express Scripts Holding Company.
Facebook developing 'Paypal killer'
Facebook confirmed testing on a new payments product that may take other mobile payment platforms like Paypal.
Latest News
Security firm Trusteer was acquired by IBM to expand their business in cybersecurity. IBM announced Thursday that it had agreed to purchase Israel startup Trusteer.
Retail company Macy's blamed shoppers' current spending habits for its second quarter sales.
Warren Buffett's Berkshire Hathaway invested in performing businesses and stocks, but shied away from newspapers in its latest SEC quarter filing.
New York Times credited "human error" as the culprit to the hour-long crash of its website earlier this morning.
EA raised its original 6 games-in-one price Humble Bundle to 8 games at GBP3.04 or USD4.72. Entertainment Arts and Humble Bundle released a more enticing offer to gamers.
Political unrest in Egypt affected both small-scale and large scale business. Observers fear it would get even worse.
The cargo plane of UPS crashed into a field close to Birmingham airport, killing two pilot and scattered debris over a rural area.
Gartner said during the second quarter, smartphones outsold feature phones for the first time. According to research firm Gartner, smartphones outsold feature phones during the second quarter for the first time.
Apple's stock rose after Carl Icahn expressed his interest in the company amid the release of Apple's new products.
