Reuters - Video

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

Top News

Techquity: Apple weakness to stop aiding Google says analyst

Monday, February 04, 2013 - 02:12

Feb 4 - Google suffers downgrade. Analyst cites end to gain from Apple weakness as one reason for rating cut.

▲ Hide Transcript

View Transcript

Not much more upside right now for Google stock. That view -- sound and at BMO capital markets who points out the company's stock has nearly tripled to gain of the S&P 500 over the last seven months. And that he says makes it less compelling opportunity for value investors. Some also says that the stock has benefited from investors shifting out of apple and indigo will look at that trend is finally tapering off. So he has lowered his rating from outperform to market perform. Shares of Google down about one and a half percent so far today after hitting new high on Friday. Simon Says that new Motorola products in the second half of the year or return of capital to shareholders in the form of the dividend or share buyback which -- view. Apple meanwhile is dealing with a minor setback in his courtroom battle with Samsung. Federal appears court rejected its request for an expedited appeal in the case and apple has sought permanent injunction. Against the sale of several Samsung phones apple shares too hopeful about -- ruling came out and are down now close to about 2%. Below 450 bucks. In our best of the rest today oracle which is ramping up its competition with Cisco the company has agreed to buy network equipment maker Acme Packet for two point one billion dollars -- enables the delivery of voice data and communications services over the Internet. The purchase price works out to 2925. Share that's more than 820%. Premium to act he's Friday close shares are searching or on the other hand. And seeing shares slipped down 2%. Time for -- sputtering it's a look at other market movers sorry is Blackberry Bernstein research upgraded the stock to outperform and raised its price target. 222 dollars from twelve as it is grown more confident about the success of the new Blackberry ten. It's bordering on the other hand is dealt dealmakers are close to finalizing -- but for the companies take a private. Between thirteen fifteen and thirteen 75 a share right now shares are down about 3% and a little bit beneath that range. That's a protect -- this Monday remembered you can follow us on Twitter at RTR us equity John marina. Doesn't work.

Press CTRL+C (Windows), CMD+C (Mac), or long-press the URL below on your mobile device to copy the code

Techquity: Apple weakness to stop aiding Google says analyst

Monday, February 04, 2013 - 02:12

Editors' Picks »

Most Popular »

Business »

Moving Pictures »

Images of November Images of November

Tue, 02 Dec, 2014 - (0:30)

Images of October Images of October

Mon, 03 Nov, 2014 - (0:57)

The world in a city The world in a city

Fri, 31 Oct, 2014 - (1:30)

Real-life superheroes Real-life superheroes

Tue, 28 Oct, 2014 - (1:44)

Dance of the northern lights Dance of the northern lights

Mon, 20 Oct, 2014 - (1:08)

Images of September Images of September

Thu, 02 Oct, 2014 - (1:00)

Still missing – MH370 Still missing – MH370

Fri, 05 Sep, 2014 - (2:05)

Burning Together Burning Together

Mon, 01 Sep, 2014 - (2:23)

Mending dolls, teddies and hearts Mending dolls, teddies and hearts

Fri, 22 Aug, 2014 - (3:12)

Images of August Images of August

Fri, 29 Aug, 2014 - (1:00)

Dateline Asia »

China's child labor problem China's child labor problem

6:32am GMT - (2:19)

Measuring up North Korea's heir Measuring up North Korea's heir

Wed, 17 Dec, 2014 - (1:03)

Seoul raises the "nut rage" stakes Seoul raises the "nut rage" stakes

Tue, 16 Dec, 2014 - (1:03)

Sydney in shock after hostage horror Sydney in shock after hostage horror

Tue, 16 Dec, 2014 - (1:07)

Beneath the surface of Abe's big win Beneath the surface of Abe's big win

Mon, 15 Dec, 2014 - (1:15)

Some hostages escape from Sydney cafe Some hostages escape from Sydney cafe

Mon, 15 Dec, 2014 - (1:06)

Abe eyes big win in Japan election Abe eyes big win in Japan election

Sun, 14 Dec, 2014 - (1:00)

Afghan Bruce Lee sets sights on global fame Afghan Bruce Lee sets sights on global fame

Fri, 12 Dec, 2014 - (1:40)

Reuters Investigates »

Where the sea is closing in Where the sea is closing in

Thu, 20 Nov, 2014 - (3:41)

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 - (13:22)

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

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