Tuesday, January 14, 2014

Thermostat acquisition heated Google shares - E24

E24 EXCHANGE: Follow the stock market here

After a substantial decline on the week’s first trading day turned arrows straight up again Tuesday.

Positive figures from the U.S. retail sector, seems to have dampened concerns.

In December, retail sales in the U.S. grew by 0.2 percent, compared with the expected increase of 0.1 percent among economists. In November, the growth was 0.4 percent.

– The biggest factor driving the market was the insurance people got off retail figures and sales growth there. We now shifts back to the idea that the job numbers were a kind of aberration, said Bruce McCain, chief investment strategy at Key Private Bank, CNBC.

employment figures for December, which was released last week, namely ended at 74,000. It was far below the roughly 200,000 that was expected, but many think the weather caused the big trick in December.

Thus ended the main indices:

  • Dow Jones Industrial Average up 0.71 percent to 16,373.86
  • Nasdaq Composite up 1.69 percent to 4,183.02
  • S & P 500 up 1.08 percent to 1,838.88

Het share after thermostat purchase

share price We warmed up by 2.35 percent during the Tuesday after the company announced Monday night that it has acquired the company’s Nest.

company was founded by Tony Fardella and Matt Rogers, who both worked for Apple co-founder Steve Jobs. Having been involved in developing music player iPod and smartphone iPhone left the two Apple in 2008.

Since inception Nest developed both a thermostat and a smoke detector which for many is reminiscent of Apple products, both in terms of design and usability.

Rather than allow the user to adjust a number of detailed settings, teachers and programs Nest thermostat itself. Apple users will probably recognize the design consists of a large vrihjul and a large screen in the middle.

I let a scant 20 billion Norwegian kroner on the table for the company, which for now will continue operating independently of Google. According to the website Re / code should only have been I who posted a serious bid for the company, and Apple should not have been interested.

Tesla express

Electric carmaker Tesla concluded Tuesday in high gear.

stock rose 15.74 percent after they released sales figures for the fourth quarter was 20 percent above previous estimates the company had gone out with.

United Airlines (up 4.82 percent) and Delta Air Lines (up 3.53 percent) were also among the winners Tuesday.

banking group JPMorgan Chase got no big rally on Tuesday.

The stock ended 0.07 per cent plus after the company announced its quarterly figures. The bank’s profit fell for the first time in three years, after the company had to start paying huge fines or settlements for various issues that arose during the financial crisis.

Among the cases, compensation to the victims of Bernie Madoff’s fraud. At the end of last year it became clear that JPMorgan had to pay $ 2.6 billion (15.8 billion) in settlement of the case.

See also:
  • Mercedes considering building another U.S. factory
  • Journey Tesla shares: Beating own sales targets by 20 percent
  • Gas Shipping Shipowners sail on its uninterrupted rally
  • General Motors car sales increased by 4 percent
  • Time Warner reject milliardbud: – A grossly inadequate bid

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