Shares

Apple to Sell $5 Billion of Debt to Fund Stock Buybacks and Dividends

Apple is initiating another bond sale, which is reportedly worth $5 billion, as part of efforts to return $300 billion to shareholders by March 2019. According to Bloomberg, the sale is being issued in four parts. The first part is a 30-year security, which may yield 1.1 percent points above Treasuries, rather than the 1.25 initially expected. In...

Amazon Shares Surpass $1,000 Mark For the First Time

Amazon’s shares have surpassed the $1,000 mark for the first time ever, trading at US $1,001 in New York today, up nearly 40% from a year ago and more than double the 15% gain of the S&P 500 Index in the same period. According to The Associated Press,  a $1,000 investment on Amazon's first day of trading in 1997...

Facebook Shares Beat Estimates Again, Hit All-Time High

Facebook has once again beaten market expectations for profit and revenue in the last quarter, which caused its stock to hit an all-time high of $128.33 per share today, allowing the social networking giant to overtake Warren Buffett's Berkshire Hathaway as the fifth biggest U.S. company by market capitalization, Reuters reports.  The company's shares rose almost 4%...

Apple is Now Worth More Than The Entire Russian Stock Market

Yesterday, Apple (AAPL) shares closed at an all-time high putting the company’s market cap at around $662 billion. According to a report from Bloomberg, Apple is now worth more than the entire Russian stock market. Russia holds the 20th largest major market in the world and was surpassed by the iPhone manufacturer yesterday. “If you...