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Techquity: Apple of the bond market's eye

Tuesday, April 30, 2013 - 02:47

April 30 - Apple's first debt offering draws big demand. Plus, Siri, we have a problem.

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Just want equity investors seem to be souring on apple bond investors. Can't get enough of it. Apple came to mark of what could be the largest non bank bond sale ever sources say orders top fifty billion dollars just before mid day. Making it three times oversubscribed. Fueling investors' appetite further sources saying this would be Apple's only bond deal this year. Ruling out issuances and other currencies it will help apple raise funds that can give that 100 billion dollars in cash to shareholders. If you thought that bonds were hot ticket consider this fortune reports that the 5000 tickets for Apple's developer account is scheduled -- -- sold out. In just ninety seconds and at that conference developers may -- the next version of Iowa sported new look. Nine at five Mac citing sources gotten a glimpse of reports of bubbly icons in your -- won't have a very very well look in keeping Apple's religion of making things into that apps are expected operate similarly to the way they do now. Apple Stock rising 2% it's up while percent in the past. Well certainly we have a problem. The company behind Apple's voice assistant hurting. Software maker Nuance Communications forecasting quarterly profit well below estimates it -- costs associated with recent acquisitions. -- Carl Icahn who owns 9% could force changes at the firm shares of violence down 18%. Best buy it faring better it is selling its stake in European joint venture for a less than half what it paid five years ago but shares are rallying. The sale price about 800 million the purchase price two billion dollars in 2008. The retailer decides it scaled back its overseas ambitions especially on the continent where the economy into -- it went along. The mobile boost that's why it cancels. The stock is one of the top performers and the S&P 500 this year only trailing Netflix both have more than doubled. Soaring inspiring time our look at movers sewing is vishay international the chip maker posting better than expected results on lower costs. And forecasting current quarter's sales above most forecast. Shares up 6%. And sputtering is Microstrategy. The maker of software to manage mobile apps posted a loss went investors are looking for profit. Shares down 10%. That's equity this Tuesday remember you can follow us on Twitter RTRs ten. I'm Fred Katayama and this is what it.

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Techquity: Apple of the bond market's eye

Tuesday, April 30, 2013 - 02:47