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Thursday, March 26, 2015

Takeover Digest- New York Times business news - March 26, (NASDAQ: AAPL)

The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy. * An unmanned vehicle, which has about the wingspan of a Boeing 767 but weighs less than a small car, is the centerpiece of social-networking company Facebook Inc's plans to connect with the five billion or so people it has yet to reach.(nyti.ms/1Ni7cx7)* Almost a year after agreeing to pay $3 billion for Beats, a maker of hip headphones and a streaming music service, Apple Inc is working with Beats engineers and executives to introduce its own subscription streaming service to compete directly with streaming upstarts like Spotify. (nyti.ms/1Ni8Zm5)

Apple Inc. (Apple) designs, manufactures and markets mobile communication and media devices, personal computers, and portable digital music players, and a variety of related software, services, peripherals, networking solutions, and third-party digital content and applications. Shares of AAPL fell by 2.61% or $-3.31/share to $123.38. In the past year, the shares have traded as low as $73.05 and as high as $133.60. On average, 57964800 shares of AAPL exchange hands on a given day and today's volume is recorded at 51655177.



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