3XSQ: Apple shares sink; Google gets out of hot water
Monday, December 17, 2012 - 03:26
Dec 17 - Apple's stock fell below $500 in the premarket for the first time since February; Google is close to resolving case of search practices with regulators.
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Ahead more analysts losing enthusiasm for apple and you can teach a dog new tricks. Later in the -- Thinkpads where this Monday from the world headquarters in New York. This is what many investors will be glued to today. The chart of apple the stock falling below all 500 bucks in the premarket for the first time since February. Right now with about 500 at about 510. Citigroup BMO another off cutting their price target. City going as low as 575. Dollars along with the rating cut to neutral from buy. The banks citing diminishing hype around iPhone 5 as part of its reasoning. One piece of good news for apple on that front. The lack of a line outside Shanghai store Friday did not translate -- -- sales of the iPhone 5 in its debut weekend in China. Two million sold in its first three days the best role -- ever of the iPhone in China. Apple facing more trouble Google getting out of it reports indicate the search giant will come away from the two year Federal Trade Commission investigation largely unscathed. The two sides are close agreement to resolve issues over -- search practices on terms favorable to Google. Shares closed at 70196. Friday and are now up about 7731. A picture in this next story is worth a billion but it could have been worth 525. Million. The New York Times saying Twitter had a 525. Million dollar agreement to buy photo sharing sharing site into Graham. FaceBook came along with its one billion dollar deal. The paper says Twitter executives were shocked went into grand CEO went ahead with Facebook's offer without giving him a chance to counteract. I'm mad rush to middle -- leads us to our daily digit 84 point 77 million dollars the total US and Canadian ticket sales. For the pocket and unexpected journey. It's the biggest December box office take things Will Smith I Am Legend back in 2007. The first hot hot trilogy has also soared 138. Point two million overseen global receipts now stand close to 223. Million. Says distributor Warner Bros. the next few hot movies scheduled for theaters December 13 and July 2014. And finally teaching a dog new tricks you're old. Do load while public at that right from southwest China taught by his owner -- ride a scooter. -- -- -- And glasses of course. Riding a bike K take a look at does hind leg as they've become pedal pushers. Bouncing the ball well that a piece of cake by comparison. And loans on one action with the brands and finally look at X games that's it. It takes is proud to escape or to -- -- no idea how the owner got it done one on. -- we necessarily care. That is the latest in -- where this -- today you can follow us on Twitter at Reuters Insider check out our -- -- -- cannot athletic dot com slash blazers to easy. I'm Lisa Bernhard this is.
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