Apple Proposes Offer to EU and 3 Hot Stocks Seeing Action
Bank of America (NYSE:BAC): Various financial institutions are not expected to meet the end-2012 deadline for writing living wills, and regulators are presenting the most prominent banks with extra time, according to the the Financial Times reports. The Financial Stability Board says “uneven headway” was made in regards to solving the issue of banks that are “too big to fail,” and it says that less than one-third of large financial centers will have Basel III rules in place.
Apple Inc. (NASDAQ:AAPL): European Union regulators are prepared to accept an offer by Apple (NASDAQ:AAPL) and publishers will allow Amazon (NASDAQ:AMZN) to sell ebooks more cheaply, according to Reuters. Two sources claim that the regulators have not asked for further concessions on the offer, which will assist in ending an antitrust investigation.
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Facebook, Inc. (NASDAQ:FB): Instagram announced new web profiles today, and it is far from shocking that the format of the new web profiles appear very similar to Facebook profiles, which indicates the beginnings of merge between the two networks. The Instagram profile page is formatted like FB with a bar of images at the top, a strip of photos below, and an inset profile picture on the left centre.
AT&T, Inc. (NYSE:T) announced that three new Windows Phone 8 smartphones will be made available. Beginning Nov. 9, AT&T plans to offer the Nokia (NYSE:NOK) Lumia 920 for $99.99 and the Nokia Lumia 820 for $49.99. Furthermore, AT&T plans to carry the Windows Phone 8X by HTC, which includes an exclusive version of the Windows Phone 8X by HTC in California Blue and Limelight yellow.
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