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.

Thanks for checking - Feel free to contact me regarding trading services, education and access to my daily guest appearance broadcast. 

 ***DISCLOSURE: No Relevant Positions

 This material is being provided to you for educational purposes only. No information presented constitutes a recommendation by Legend Trading or its affiliates to buy, sell or hold any security, financial product or instrument discussed therein or to engage in any specific investment strategy. The content neither is, nor should be construed as, an offer, or a solicitation of an offer, to buy, sell, or hold any securities. You are fully responsible for any investment decisions you make. Such decisions should be based solely on your evaluation of your financial circumstances, investment objectives, risk tolerance and liquidity needs.

No comments:

Post a Comment