- Tools for Investors
- Stock News
- Investing Ideas
- Econ & Policy
- Personal Finance
Apple Inc. (NASDAQ:AAPL) along with four publishers (CBS Corp.’s (NYSE:CBS) Simon & Schuster, News Corp.’s (NASDAQ:NWSA) HarperCollins, Verlagsgruppe Georg von Holtzbrinck GmbH’s Macmillan unit and Lagardere SCA (MMB)’s Hachette Livre) claimed they would attempt to not set the retail price of e-books in Europe for five years as an attempt to end an EU antitrust investigation regarding the price-fixing for digital books, according to Bloomberg. The shares closed at $702.10, up $0.19 or 0.03% on the day. They have traded in a 52-week range of $354.24 to $702.33.
Don’t Miss: Big Day For Apple Included This Other Release.
Asb Bancorp Inc. (ASBB) has authorized the funding of a trust purchasing as much as 233,382 shares of the company’s outstanding common stock. The shares gained during the acquisition of the shares are to be used for the funding of restricted stock awards beneath the company’s 2012 Equity Incentive Plan, which gained shareholder approval at the company’s annual meeting. As of July 31, the company pssoessed 5,584,551 shares of common stock, par value $0.01 per share, issued and outstanding. The shares closed at $14.86, up $0.36 or 2.48% on the day. They have traded in a 52-week range of $11.30 to $14.80.
Cooper Industries (NYSE:CBE) and Eaton (NYSE:ETN) announced, for purposes of the Irish Takeover Rules, that the definitive Joint Proxy Statement/Prospectus will be sent to Eaton and Cooper shareholders. This contains information about the proposed acquisition of Cooper by Eaton by forming a new holding company to be incorporated in Ireland, the scheme of arrangement, and the transaction agreement. The definitive Joint Proxy Statement/Prospectus sent to Eaton’s and Cooper’s shareholders, respectively, will also have notices regarding the relevant meetings of Eaton’s and Cooper’s shareholders, respectively, scheduled in connection with the transaction. The shares closed at $75.99, up $0.54 or 0.72% on the day. They have traded in a 52-week range of $43.21 to $75.90.
Cracker Barrel Old (NASDAQ:CBRL) sees its FY13 revenue totaling $2.6 to $2.65 billion, with consensus of $2.64 billion. Fiscal 2013′s raised revenue expectations reflect the anticipated opening of 12 new Cracker Barrel stores, and the projected increases in comparable store restaurant and retail sales in a range of 2.0 to 3.0 percent. Although many believed there would be food commodity cost increases between 5.0 and 6.0 percent for the year, the Company believes that there is an operating income margin of between 7.3 and 7.5 percent of revenues. The Company believes that there will be a depreciation expense costing between $66 million and $68 million, and there will be a net interest expense of between $36 million and $38 million, along with an effective tax rate from 32 to 33 percent. The Company also thinks that capital expenditures during fiscal 2013 will range from $90 million to $100 million. The shares closed at $67.31, up $3.69 or 5.8% on the day. They have traded in a 52-week range of $37.92 to $66.50.
Are these stocks a buy or sell? Let us help you decide. Check out our Wall St. Cheat Sheet Stock Picker Newsletter now >>
Don't miss one of the biggest bull markets in history! Covers Gold, Silver, Gold & Silver stocks, and miners.
There's always a bull market in some sector! Find the best opportunities in commodities.