Reuters - Video

EDITION: U.S. | U.K. | IN

Top News

Techquity: Apple sliced, Facebook liked

Monday, 28 Jan, 2013 - 02:35

Jan 28 - Apple suffers another ratings cut, while Facebook rises as it receives an upgrade.

▲ Hide Transcript

View Transcript

First up tonight. Slicing apple -- reduced its rating last week and today it's -- stern. The brokerage believes that consensus expectations for the company are too high especially for the quarter that is ending in June. Concerns include slowing innovation and increasing competition and the potential decline of the average price point on the iPhone. There is cutting apple to neutral and shares are up about 2% your 450 dollars. That's about pretty close to where Bayer's price target has fallen from 570. Dollars now to 460. But. One person who does not appear fazed by Apple's stock decline -- CEO Tim Cook. He reportedly congratulated employees and a record quarter during a town hall meeting on Friday. According to several publications cook also expressed satisfaction of the strength of the company's innovation as it. FaceBook shares and the sentiment and analysts are heading in the opposite direction. The social network is getting a big upgrade for Raymond James the brokerages increasing its Q4 estimates on higher ad revenue expectations. Checks without advertising partners indicate that there are strong demand for mobile advertising as well as for -- and Facebook's news feet. So it is taking now its rating. From market perform to outperform Raymond James also institute a new price target at 38 dollars which is where the stock went public in May. Shares are up about 2% and the 32 dollar range and FaceBook will -- quarterly results on Wednesday. In our best of the rest now we've got Research in Motion the company is announcing partners for its Blackberry ten storefront ahead of the devices debut also coming up Wednesday. Sony Pictures Walt Disney studios and universal music are among those whose content will be available. Through the Blackberry world store initially content will only be available to subscribers in the US UK and Canada. -- having a good day shares are down more than 5% one analyst telling Reuters that -- shareholders are probably selling and taking a profit ahead of the phone's launch. -- goes out with soaring and sputtering our look at movers first -- is you can do. Deutsche Bank is starting coverage of the Chinese Internet TV company with a buy rating and shares are up. 5% sputtering is 3-D systems for 3-D printing company is down more than 10%. Today seeking alpha column called shares overvalued after the stock tripled over the past year. That's to protect what do this Monday remembered you can follow us on Twitter at RT artists equity. I'm dumber and around this horse.

Techquity: Apple sliced, Facebook liked

Monday, 28 Jan, 2013 - 02:35

The Exchange »

The Exchange: Hot commodity The Exchange: Hot commodity

Wed, 16 Jul, 2014 - (9:25)

The Exchange: Constitutional crusade The Exchange: Constitutional crusade

Wed, 25 Jun, 2014 - (11:35)

The Exchange: The value of money The Exchange: The value of money

Mon, 02 Jun, 2014 - (9:53)

The Exchange: China’s Second Continent The Exchange: China’s Second Continent

Tue, 27 May, 2014 - (9:35)

The Exchange: A master of business arts The Exchange: A master of business arts

Thu, 08 May, 2014 - (8:24)

The Exchange: America's bankrupt cities The Exchange: America's bankrupt cities

Mon, 05 May, 2014 - (8:52)

The Exchange: Let the rocking commence The Exchange: Let the rocking commence

Tue, 08 Apr, 2014 - (8:13)

The Exchange: The Moneyball fallacies The Exchange: The Moneyball fallacies

Mon, 24 Mar, 2014 - (9:54)

Is doing good a good business? Is doing good a good business?

Mon, 17 Mar, 2014 - (7:38)

Oddly Enough »

Fox kicks off "Simpsons" mega marathon Fox kicks off "Simpsons" mega marathon

Thu, 21 Aug, 2014 - (0:56)

Six-story tall duck floats into L.A. port Six-story tall duck floats into L.A. port

Thu, 21 Aug, 2014 - (1:02)

Young artist paints surreal illusions on bodies Young artist paints surreal illusions on...

Thu, 21 Aug, 2014 - (1:30)

Snow leopard cubs make Bronx Zoo debut Snow leopard cubs make Bronx Zoo debut

Wed, 20 Aug, 2014 - (0:41)

Eco-friendly bench keeps your tech fully charged Eco-friendly bench keeps your tech fully...

Tue, 19 Aug, 2014 - (1:55)

A cheetah cub and a puppy make friends A cheetah cub and a puppy make friends

Tue, 19 Aug, 2014 - (0:48)

Bug eaters unite in Tokyo Bug eaters unite in Tokyo

Tue, 19 Aug, 2014 - (1:23)

Tango dancers put best feet forward Tango dancers put best feet forward

Tue, 19 Aug, 2014 - (1:08)

Giraffe calf checks out new surroundings Giraffe calf checks out new surroundings

Mon, 18 Aug, 2014 - (0:42)

Bolivian priest blesses beloved pups Bolivian priest blesses beloved pups

Sun, 17 Aug, 2014 - (1:25)

Reuters Investigates »

Re-homing victim: "I could have been dead" Re-homing victim: "I could have been dead"

Wed, 19 Feb, 2014 - (8:24)

Cops and loggers in the Amazon rainforest Cops and loggers in the Amazon rainforest

Fri, 10 Jan, 2014 - (4:01)

"Passed around like a dog" "Passed around like a dog"

Thu, 29 Aug, 2013 - (6:32)

Adopted, then abandoned online Adopted, then abandoned online

Thu, 29 Aug, 2013 - (13:21)

How the DEA keeps its secrets secret How the DEA keeps its secrets secret

Mon, 05 Aug, 2013 - (1:36)

How education lost its role as the great equalizer - Reuters Investigates How education lost its role as the great...

Mon, 17 Dec, 2012 - (7:52)

Jihad Jane: From abused child to American jihadist - Reuters Investigates Jihad Jane: From abused child to American...

Sun, 09 Dec, 2012 - (10:01)

Jihad Jane: The order to kill - Reuters Investigates Jihad Jane: The order to kill - Reuters...

Mon, 10 Dec, 2012 - (10:39)

Moving Pictures »

"Old timers" sail the Chesapeake Bay "Old timers" sail the Chesapeake Bay

Mon, 11 Aug, 2014 - (2:27)

Burned memories Burned memories

Fri, 08 Aug, 2014 - (3:02)

Images of July Images of July

Fri, 01 Aug, 2014 - (1:20)

World Cup: passion on the pitch World Cup: passion on the pitch

Fri, 11 Jul, 2014 - (1:00)

A refugee in America gives back A refugee in America gives back

Thu, 03 Jul, 2014 - (3:25)

A long search for refuge A long search for refuge

Fri, 20 Jun, 2014 - (3:04)

World Cup: Around the globe in 50 goals World Cup: Around the globe in 50 goals

Fri, 06 Jun, 2014 - (1:08)

VIVID – Sydney’s spectacle of light VIVID – Sydney’s spectacle of light

Fri, 30 May, 2014 - (1:37)

The week that changed Boston The week that changed Boston

Mon, 14 Apr, 2014 - (3:28)