Apple Patent In Jeopardy and 4 Hot Stocks Round Out Tuesday
Bank of America (NYSE:BAC) customer satisfaction saw a decline to its lowest in over a decade, as it has fallen behind other major US banks as well as credit unions, according to a nationwide survey of bank customers expected to be released on Tuesday. The American Customer Satisfaction Index is published by ACSI LLC, which is a research firm located in Ann Arbor, Michigan, gave Bank of America a score of 66, versus 70 for Citigroup, 71 for Wells Fargo, and 74 of JP Morgan Chase. The remaining banks had an average of 79 percent, and credit unions had an average score of 82.
Apple Inc. (NASDAQ:AAPL) was able to use its patents as a weapon against companies such as Samsung making Google (NASDAQ:GOOG) Android-based smartphones. Now, Apple has begun to feel as if the heat from the U.S. Patent and Trademark Office provisionally decided that the company’s crown patent jewel, often called the “Steve Jobs multi-touch patent,” is invalid.
Are you worried about the Fiscal Cliff? Click here to get our Gold & Silver Premium Newsletter OVER 50% OFF now!
AT&T, Inc. (NYSE:T) sold 1 billion euros ($1.29 billion) of 20-year bonds today, reported a bank running the deal. This makes the longest benchmark-size euro deal from a U.S. borrower since September 2009, according to Dealogic. Bank of America Merrill Lynch and Barclays were the lead managers of the sale.
Nokia Corporation (NYSE:NOK): Justin Angel is currently working on the Windows Phone 7 and Windows Phone 8 implementation in Nokia Lumia devices, and not long ago, he posted the step-by-step guide on his blog. On the blog, he explained that the “use of innate Windows 8 security attack vectors” could possibly allow a person with admittedly advanced knowledge to “compromise Windows 8 games revenue stream.” This is a possible major issue for developers who delivered titles to Microsoft’s Windows Store. Angel points has pointed out that games account for “51 percent of developer revenue on every mobile developer platform.” Since he uses similar logic to the desktop, Angel is convinced that game developers have the potential to be quite popular in the Windows PC environment.
Amarin Corporation plc (NASDAQ:AMRN) announced its intention to add an exclusive consortium of companies, which will be led by Slanmhor Pharmaceutical, to its planned active pharmaceutical ingredient global supply chain for Vascepa capsules. This means that Amarin has a total of four API suppliers for Vascepa API for Amarin use as a means of support for the global commercialization of Vascepa, which is subject to appropriate regulatory approvals. Currently, Amarin hopes to launch Vascepa based on the product that currently is produced by its existing API supplier, Nisshin Pharma. Amarin agreed to a protocol with FDA for the qualification of additional API suppliers, and Amarin’s plans for Slanmhor, along with BASF and Chemport, to finish all necessary qualification steps to facilitate the submission of supplemental New Drug Applications seeking approval for Amarin’s new suppliers to manufacture Vascepa to be used in the United States.