Apple Scouts TV Component Suppliers and 4 Morning Hot Stocks Trading Today
Social networking giant Facebook (NASDAQ:FB) is deepening its reach into real money gaming with its announcement of a deal with 888 Holdings, an online gaming operator listed in the UK. This follows its earlier arrangement with online gambling site Gamesys. 888 intends to launch a portfolio of real money gaming products on Facebook that would appeal to British adults. These include bingo, slots and casino games, but not poker, yet.
The Wall Street Journal cites Apple (NASDAQ:AAPL) suppliers in its report that says the company is working with component suppliers in Asia on designs for a large-screen, high resolution TV. Though testing new products is standard procedure at Apple, which has been testing TV models for years, there are reports that Apple suppliers Hon Hai Precision Industry Co and Sharp Corp are working together on the new television. Analysts expect that Apple’s foray into TV could be its next game-changer.
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JinkoSolar Holding Co Ltd (NYSE:JKS), a manufacturer of solar products, announced its contract to supply 81MW of photovoltaic (PV) modules to WBHO-Building Energy (NYSE:PTY) Ltd. for its solar PV park in South Africa. The project will supply electricity to 12,000 households, generating about 146GWh of power equivalent.
Deutsche Bank’s (NYSE:DB) Frankfurt headquarters were searched by prosecutors investigating tax evasion in connection with carbon permits trading. The bank has been hauled up in the past by a German court for its alleged conduct of carbon emissions trading that enabled tax evasions. That case led to the conviction of six men for the evasion of about $387 million in Value Added Tax.
Nasdaq OMX Group Inc (NASDAQ:NDAQ) is to acquire the Investor Relations, Public Relations and Multimedia Solutions businesses from Thomson Reuters (NYSE:TRI) for $390 million in cash. These businesses serve more than 7,000 clients globally and will be earnings accretive within the first 12 months of the transaction. “As a result of the combination, NASDAQ OMX will become one of the leading providers of investor relations solutions and will add robust public relations and webcasting platforms, enabling the Company to better serve the combined client base,” says the press release.