Sunday, August 26, 2012
Samsung Slammed Down 6% on Asia Open (AAPL) up $11 in Friday's Post Market Following Headline
(AAPL) Up $11 to $675 in late post market trading Friday at 7pm
WSJ: Samsung Electronics Shares Open Down 6.8% After U.S. Verdict in Patent Case Vs Apple - BIGGEST tumple in 4 years.
(AAPL) Apple Inc.: WSJ: Jury Awards $1.05B in Damages in Samsung Patent Case
SAN JOSE, Calif.--A federal court jury delivered a big win to Apple Inc. (AAPL), finding that Samsung Electronics Co. (SSNHY, 005930.SE) infringed six Apple patents and awarding $1.05 billion in damages in a closely watched case over mobile devices. The award from the nine-member jury is shy of Apple's request for more than $ 2.5 billion, but much larger than Samsung's estimates and still ranking among the largest intellectual-property awards on record.
(WY) Barron's(8/27) A Fine Time For Timber
Money doesn't grow on trees, but a recovery in America's depressed housing market could produce lots of it for timber giant Weyerhaeuser. Suddenly, signs of a nascent pickup in housing are everywhere, from rising
building permits and housing starts to improved sentiment among builders. Add higher lumber prices to the list, along with a powerful liftoff in the shares of home builders such as Toll Brothers (ticker: TOL) and PulteGroup (PHM).
Weyerhaeuser's stock (WY) has been no slouch, either. It shot up 50% in the past year, to a 52-week high of $24.62, and the rally could be in the early innings. The shares, which topped $85 in 2007, look rich at 29 times next year's expected earnings of 85 cents a share, but the P/E ratio is misleading, as it is based on trough earnings.
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