financializer news A weblog highlighting financial topics making news in the international media.

kiwi counterpart: As British Prime Minister Theresa May took time out from Brexit turmoil on Monday local time to meet with her Kiwi counterpart, Jacinda Ardern, at 10 Downing Street, officials from their two countries signed a mutual recognition agreement . Australia and the United Kingdom signed a similar deal over the weekend, intended to serve as a stopgap to give exporters the assurance regulatory requirements won't change post-Brexit while free trade deals are hammered out, according to Nine News Australia. They help to ensure New Zealand exporters will not be worse off in the immediate aftermath of Brexit and there will be a continuity of the existing rules, Ms Ardern said afterwards. To improve your experience update it here News WorldUK signs post-Brexit deal with New Zealand By AAP10 14am Jan 22, 2019Facebook Tweet Mail New Zealand has joined Australia in signing up to a deal with Britain aimed at softening the impact of Brexit. During their hour-long meeting, which Ms Ardern described as warm the pair also reaffirmed plans to launch free-trade talks after Brexit. Britain had only signed one of the 36 similar deals it was working on by last week, but International Trade Secretary Liam Fox has said he is confident about getting the most significant agreements over the line before the UK separates from the EU in late March. While trade between New Zealand and Britain was only about NZ2.9 billion in 2017, the UK was the third largest source of foreign investment into New Zealand and a significant market for agricultural products. (news.financializer.com). As reported in the news.

problems: But what if the real reason the Trump approach breaks so much china is that he's actually confronting problems that the I.Y.I's -- intellectual,yet idiots -- in the establishment have been running away from for years And what if the real reason they hate him so much is that he's showing them up for their failures In fact, some of the loudest voices on the left and the Never Trump right who scream abuse at President Trump literally helped create the mess he's now trying to clean up, according to MSNBC. Immigration is a perfect example. All market data delayed 20 Next Revolution Published 1 day ago Steve Hilton Trump is daring to clean up the establishment's biggest messes and they hate him for it By Steve Hilton Fox Says The border crises was manufactured by decades of inefficient policy All these geniuses and their supporters who love to attack President Trump, what have they done According to establishment politicians and the establishment media, President Trump is like some kind of demented bull in a china shop, barging into issues he doesn't understand with a dangerous combination of ignorance and bluster. The Trump shutdown is a completely manufactured crisis -- manufactured by Donald Trump, Senate Minority Leader Chuck Schumer has said.CLICK HERE TO READ MORE FROM STEVE HILTON. Manufactured by President Trump How about the result of policy failures which you, Chuck, were right at the heart of Border patrol apprehensions at the southern border -- that didn't start in 2016. And look at the humanitarian crisis -- hundreds of deaths, every year, and that's just in the last decade.CLICK HERE TO VIEW THE ENTIRE EPISODES. Here's a little fact-check for you, Chuck. Look at these numbers Over 3 million arrests in the last 10 years alone. (news.financializer.com). As reported in the news.

spring festival: Gold jewelry in the form of a pig has sold well recently, as 2019 is the Chinese Lunar Year of the Pig, according to Global Times China. Gold jewelry sales usually peak between the New Year holiday and China's traditional Spring Festival, a salesperson surnamed Geng at a Chow Tai Fook retail store in Beijing told the Global Times on Monday. Industry analysts said demand for the metal will see a steady upward trend this year as the country's economy maintains strong growth momentum. However, Geng said that young people in first-tier cities are less inclined to buy pure gold jewelry compared with platinum or diamonds. In second- and third-tier cities, pure gold is still more popular. According to a survey released by the World Gold Council WGC in November last year, diamonds and platinum are as popular in China's first-tier cities as pure gold. (news.financializer.com). As reported in the news.

padma bridge: Photo IC. Bangladeshi experts and scholars raised tough questions about Rohingya refugees and the so-called debt trap to the Global Times following the Dialogue on China-Bangladesh relations predicting the future symposium held on December 8, 2018, in Dhaka, capital of Bangladesh, according to Global Times China. The symposium was hosted by COSMOS, a prominent local think tank that grew out of a leading energy and media company in Bangladesh. Bangladesh's Padma Bridge is now visible after its fifth span was installed on June 29, 2018 by engineers of the China Major Bridge Engineering Company. COSMOS told the Global Times that the symposium reflects Bangladesh's attention and appreciation toward its good relationship with China. Other side of the coin' Bangladesh is a country in South Asia, with a land area of about 150,000 square kilometers. The dialogue was held to provide a platform for officials and scholars concerned about the future of the China-Bangladesh relationship. (news.financializer.com). As reported in the news.

products cost-competitive: While we have made great progress, our products are still too expensive for most people, he wrote, according to Market Watch. Tesla has only been producing cars for about a decade and we're up against massive, entrenched competitors. Tesla Chief Executive Elon Musk said Tesla TSLA, -1.11% faces a tough challenge of making our cars, batteries and solar products cost-competitive with fossil fuels, and that the company's products are still too expensive for most people, according to the update on the company's blog that was emailed to all employees. The net effect is that Tesla must work much harder than other manufacturers to survive while building affordable, sustainable products. Even after all the recent tax law changes, the federal income tax credit for qualifying new plug-in electric vehicles is still on the books. There's some good news for owners, if not investors. (news.financializer.com). As reported in the news.

size changes: The analysis confirms a trend of shrinkflation when goods are made smaller but still sold at the same price, according to The Independent. The ONS said the frequency of size changes was the same throughout the period analysed, which included the Brexit vote, even though some manufacturers have blamed the Brexit-linked fall in the pound for shrinkflation. According to figures from the Office for National Statistics, as many as 206 products were made smaller between September 2015 and June 2017 more than double the number that increased in size. Facebook Twitter Pinterest Birds Eye cut the number of fish fingers in a packet because the cost of many of our raw materials have risen since the EU referendum'. Photograph David Levene for the Guardian Richard Lim, the chief executive of the consultancy Retail Economics, said Brexit was the cause of the sharp fall in value of the pound and retailers have to deal with those rising input costs. Shrinkflation has become an established trend in Britain as firms eke out greater profits at the expense of consumers or try to keep on top of rising costs. One of the levers at their disposal, absolutely, is around reducing packet sizes. (news.financializer.com). As reported in the news.

stock markets: PwC said the rise in pessimism was unsurpassed in the 22 years it had been conducting the survey, with the downbeat mood a contrast to the bullishness of early 2018, when global growth was strong and stock markets were soaring, according to The Independent. Quick guide What is Davos Show Hide Davos is a Swiss ski resort now more famous for hosting the annual four-day conference for the World Economic Forum. The survey of chief executives conducted by the consultancy firm PwC to mark the start of the World Economic Forum in Davos showed a sixfold increase to 30% in the number of CEOs expecting global growth to slow during 2019. For participants it is a festival of networking. For critics, Davos man is shorthand for the globe-trotting elite, disconnected from their home countries after spending too much time in the club-class lounge. Getting an invitation is a sign you have made it and the elaborate system of badges reveals your place in the Davos hierarchy. (news.financializer.com). As reported in the news.

shale gas: But most of the founding firms have tens of billions of dollars riding on the need for global plastic production to continue growing over the next decade and more, according to The Guardian. Shell, one of the signatories, is building a multibillion-dollar plant in Pennsylvania in theeastern US, using shale gas as its fuel to produce 1.6m tonnes of polyethylene the world's most common plastic each year. Together the companies have committed 1bn 778m over the next five years to reduce plastic production and improve recycling, with an aspiration to raise that to 1.5bn if more members join. Exxon Mobil, another leading figure in the alliance, is building a new polyethylene production line at its plant in Mont Belvieu, Texas, to increase plastic production to more than 2.5m tonnes a year. Saudi Arabia's state oil company Saudi Aramco and the country's chemical giant SABIC are building one of the world's largest oil-to-petrochemicals factories as they like other fossil fuel companies move away from reliance on crude oil revenues. When completed it will be one of the largest plastic production units in the world. (news.financializer.com). As reported in the news.

store-closure programmes: The figures suggest this year will be even worse than 2018, when a series of high-profile company failures and store-closure programmes claimed nearly 20,000 stores and 150,000 jobs, according to The Guardian. They include both multiples or chains as well as independent stores and in the hospitality sector restaurants and casual dining outlets. More than 23,000 shops are forecast to close in 2019, according to the findings published on Monday in an annual report from the real estate adviser Altus Group. The seismic shift in shopping habits in the UK prompts the authors to predict that the overall value of retail property will tumble by 15.9% this year as shoppers are lured away from the high street by online alternatives. The most recent official figures available showed the number of shops, pubs and restaurants lying empty soared in the first six months of 2018. Many high streets are struggling with fewer customers and the shift to online shopping. (news.financializer.com). As reported in the news.

toronto: But the latest stats have them asking what went wrong, according to The Toronto Star. In 2018, Toronto installed 3.7 kilometres of physically separated cycle tracks, 9.4 kilometres of painted bike lanes, and 4.3 kilometres of new trails, according to city figures. When the 153.5-million plan was introduced in May 2016 many advocates hoped it would kick-start the kind of aggressive expansion of bike infrastructure they argue is required in a city where cycling rates are climbing. Eduardo Lima / METRONEWS FILE I've spoken with many members of council, many advocates, and quite frankly we all feel the same way, which is we have no idea what's going on with this bike plan, said Jared Kolb, executive director of the Cycle Toronto advocacy group. According to figures provided by the city, in 2018, Toronto installed 3.7 kilometres of physically separated cycle tracks, 9.4 kilometres of painted bike lanes, and 4.3 kilometres of new trails. He said the city's execution of the plan has not delivered on the expectations. (news.financializer.com). As reported in the news.

tweet sunday: We will be ably represented in Davos by Minister of Finance, Mthuli Ncube, according to CNN. Three days of protests broke out after Mnangagwa announced a 150% increase in fuel prices last week. In light of the economic situation, I will be returning home after a highly productive week of bilateral trade and investment meetings, Mnangagwa said in a tweet Sunday. He said that was meant to ease the impact of months of fuel shortages. We will be ably represented in Davos by Minister of Finance, Mthuli Ncube. The first priority is to get Zimbabwe calm, stable and working again, Mnangagwa added in his Sunday tweet. var id function make Embed Script d, id var js,fjs;js id;js.charset '' ;fjs fjs ;js.src id ;In light of the economic situation, I will be returning home after a highly productive week of bilateral trade and investment meetings. (news.financializer.com). As reported in the news.

weekday mornings: Carlos Barria / Reuters file Breaking News Emails Get breaking news alerts and special reports, according to MSNBC. The news and stories that matter, delivered weekday mornings.SUBSCRIBEJan. 21, 2019, 9 10 PM GMTBy Stephanie Ruhle and Michael CappettaDAVOS, Switzerland The world's financial and political elite, including more than 60 heads of state and government, will converge here this week for the annual World Economic Forum. President Donald Trump. But there will be at least one notable absence at the five-day summit. He withdrew amid the partial government shutdown that has dragged on for more than 30 days. President Donald Trump is sitting out the marquee event. (news.financializer.com). As reported in the news.

government workers: Like the market plunge that hit bank earnings in the last financial quarter, the shutdown has high visibility but little lasting impact, according to Global Times China. Investors are focused on risks that are much bigger and harder to visualize. Big deal. The government funding hiatus that began 26 days ago hits Delta in three ways, according to Chief Executive Edward Bastian. But the potential real losses amount to less than 0.05 percent of the company's 2019 estimated revenue. Fewer government workers fly, new planes get held back, and longer security lines can frustrate travelers. (news.financializer.com). As reported in the news.

gr ie: Blaine Fortner, the owner of a pawn shop in Billings, Montana, said They're just bringing more and more in because they're getting behind, according to The Independent. ISOCountry Groups euro at be cy ee fi fr de gr ie it lv lt lu mc mt nl pt sk si sm es va uk gb us us variants 1 33.4, 2 33.3, 3 33.3 Join Independent Minds For exclusive articles, events and an advertising-free read for just 5.99 6.99 9.99 a month Start your free trial Get the best of The Independent With an Independent Minds subscription for just 5.99 6.99 9.99 a month Start your free trial Get the best of The Independent Without the ads for just 5.99 6.99 9.99 a month Start your free trial About 800,000 federal workers have missed a paycheck during the nearly month-long shutdown. The turnout is small a few people per day pawnbrokers said, but many expect the numbers to increase amid the stalemate. Thousands have filed for unemployment benefit and private businesses, banks and charitable organisations are offering help in the form of suspended fees and food banks. In Billings, an average of about three federal workers walk into his shop, Yellowstone Pawn, each day, Mr Fortner said. Read more FBI officials fear government shutdown is harming investigations Trump cancels US delegation's trip to Davos summit citing shutdown Can Pelosi shutdown Trump's State of the Union address Furloughed NASA employees call on Mitch McConnell to end shutdown Pawnbrokers say they are essentially providing another form of assistance. (news.financializer.com). As reported in the news.

nasdaq ndx: Shares are down 12% in the past 12 months, compared with losses of around 4.5% for the S&P 500 index, according to Market Watch. SPX, 1.32% We think Tesla probably increased its employee base by more than it needed to last year, and is laying off some of those workers to bring down costs, said Garrett Nelson, automotive analyst at CFRA Research. Tesla TSLA, -12.97% shares ended at 302.26 and traded as low as 299.73, the worst performer on the Nasdaq 100 NDX, 0.98% on Friday. For most auto manufacturers, the cost-cutting would be received positively, but in Tesla's case, investors start to second guess whether demand is the real issue, Nelson said. Tesla has not yet set up a date for its quarterly earnings. In a memo to employees reviewed by The Wall Street Journal and later posted on the company's website, Chief Executive Elon Musk said Tesla would post GAAP profits when it reports its fourth-quarter results, but less than Q3. (news.financializer.com). As reported in the news.

investors expectations: With the stock NFLX, -3.99% soaring 51% in the weeks leading up to the results, investors' expectations were running high it's no wonder shares slumped 3.6% in afternoon trade Friday, according to Market Watch. Don't miss Netflix thinks Fortnite' is a bigger competitor than other streaming services. The streaming video giant reported late Thursday earnings and all-important net subscriber additions that handily beat expectations, while revenue came up a bit shy. But an overwhelming majority of Wall Street analysts got a little more bullish. That raised the average target to 403.56, which is about 19% above current levels, from an average of 391.31 just before the release of results. Of the analysts surveyed by Fact Set, no less than 17 raised their price target, while only two lowered them. (news.financializer.com). As reported in the news.

sibs: Although the size of the funds were relatively small 24 million and 9.7 million, respectively the involvement of major banks as investors, such as SMBC and Mizuho Bank, indicated that this could be another social investment product for mainstream investors, according to The Japan Times. SIBs originated in the U.K. in 2010 and have expanded to 100 projects in 20 countries with a total investment of over 400 million as of 2018. The first batch of SIBs in Japan were launched in three municipalities during 2017 and 2018 following the themes of severe diabetes prevention in the city of Kobe and colorectal cancer screening in the city of Hachioji and Hiroshima Prefecture. SIBs are unique programs providing investment opportunities in preventive social programs with the aim of bringing medium- to long-term benefits to both beneficiaries and government. In Japan, the focus of SIB programs has been health care. The first SIB was structured by the U.K. government for a prisoner rehabilitation program to prevent the high costs involved when ex-offenders return to prison, allowing investors to gain financial return based on the success of the social outcomes. (news.financializer.com). As reported in the news.

officials experts: The comments came against rising calls by officials and experts from the two countries to develop high-tech cooperation, with AI as a major focus, to generate new mutual benefits, according to Global Times China. China and Russia probably achieved their target of 100 billion in bilateral trade in 2018. Photo VCG Artificial intelligence AI has become a new area of China-Russia cooperation that will provide renewed impetus to bilateral trade and investment, analysts and industry experts said on Sunday. To meet a more ambitious target of 200 billion by 2024, AI will play a role, analysts said. AI was identified by Li as a factor along with big data, the internet and smart cities. Chinese Ambassador to Russia Li Hui said in an interview in October 2018 that the two countries should increase the quality of bilateral cooperation and treat the digital economy as a new growth engine. (news.financializer.com). As reported in the news.

patisserie: On Monday morning the company issued a statement saying that talks with its banks continued and it would provide an update when they were concluded, according to The Independent. Without an agreement, the company's lenders, HSBC and Barclays, could demand repayment of debts that may amount to nearly 10m, potentially forcing Patisserie Valerie to call in administrators. Luke Johnson, Patisserie Valerie's leading shareholder, has been seeking to extend a standstill agreement on its bank facilities protecting the chain from action to recover debts which officially expired at midnight on Friday. Other options include a second bailout by Johnson, the multimillionaire chairman of the business, who pumped 20m of his money into Patisserie Valerie to keep it afloat after the company uncovered potentially fraudulent accounting irregularities and a financial black hole in October. The company, which operates 200 cafes and employs 3,000 staff, is expected to provide an official update on its position to the stock market on Monday. Johnson was paid back 10m after other shareholders later put up 15m in new funds. (news.financializer.com). As reported in the news.

car manufacturers: Toyota, Honda and Bentley are among the car manufacturers with major British factories who have looked to new regulators in the EU since the Brexit vote, according to The Guardian. Meanwhile, Vauxhall and BMW have joined the list of manufacturers to start stockpiling parts to cover at least a few days of disruption. Manufacturers are preparing alternative regulatory arrangements, a key concern for the closely supervised vehicle industry. Brexit border delays threaten to disrupt the supply of parts from the EU to the UK immediately after the planned departure date, on 29 March. Type approval from Britain's Vehicle Certification Agency VCA is currently valid across Europe but the European commission in February warned carmakers that this will cease after Brexit, forcing multiple companies to look outside the UK. The VCA is considered by industry insiders to be one of the more capable national agencies across the EU, meaning it has also been used by European manufacturers who do not have factories in the UK. Skoda in March said it would switch back to its home Czech authorities. All new car models sold in the UK and the EU must gain type approval from regulators. (news.financializer.com). As reported in the news.

percent: Prime Minister Narendra Modi's government has set a target of electric vehicles making up 30 percent of new sales of cars and two-wheelers by 2030 from less than 1 percent today, according to The Japan Times. But its efforts to convince carmakers to produce electric vehicles have flopped mainly because of no clear policy to incentivize local manufacturing and sales, lack of public charging infrastructure and the high cost of batteries. Gore's electric scooter, built by Indian startup Okinawa, runs for about 100-120 km 60-75 miles on a single charge, which costs the sugarcane farmer less than 10 percent of the 150 rupees 2.15 he would otherwise have spent on fuel for the same distance. ; I bought it to save money, said Gore, who paid 75,000 rupees 1,077 for the scooter and expects to recover the cost in two to three years in terms of savings on petrol and maintenance. Cost-conscious two-wheeler buyers like Gore might be a better bet. The potential is huge. It would also open up a new market for global companies like Japan's Yamaha Motor and Suzuki Motor that are drawing up initial plans to launch electric scooters and motorcycles in the country. (news.financializer.com). As reported in the news.

power business: Prime Minister Shinzo Abe has long taken the initiative to promote the overseas sale of Japanese nuclear power plants through top-level diplomacy, according to The Japan Times. However, the nuclear power plant business cannot be a part of the nation's growth strategy if its business feasibility is in doubt. Hitachi cited its judgments on the economic rationality of the U.K. project as the reason for halting the plan an allusion to the declining profitability of the nuclear power business due chiefly to the surging cost of safety investments in the wake of the 2011 meltdowns at Tokyo Electric Power Company Holding's Fukushima No. 1 nuclear power plant. The government and related industries need to face up to the situation surrounding the nuclear power business which continues to face difficulties domestically as well and reassess the way forward. ; The Fukushima nuclear disaster, triggered by the March 2011 Great East Japan Earthquake and tsunami, has radically changed the global nuclear power market landscape. The cost of Hitachi's project to build the two reactors in Anglesey, Wales, which began in 2012, has ballooned from the initial estimate of 2 trillion to 3 trillion. The cost of nuclear power, which had been promoted as a relatively inexpensive and clean source of energy that does not emit carbon dioxide, spiked as additional safety investments inflated plant expenses. (news.financializer.com). As reported in the news.

price volume: You can relax, according to Market Watch. I was unable to detect any relationship in the historical data between trends in price and volume, at least since 1972 which is how far back I was able to obtain data . To be sure, measuring the impact of lower trading volume is anything but straightforward, since trading volume has grown steadily over the years. As you can see from the chart below, the five-day moving average of NYSE volume currently is a third less than where it stood in mid-December. To overcome that long-term uptrend, I calculated for each month since 1972 a ratio of its NYSE trading volume to the trailing 12-month average. I came up empty. I then measured whether that moving average was correlated with the S&P 500's SPX, 1.32% return over the subsequent month-, quarter-, six months-, and one year. (news.financializer.com). As reported in the news.

project site: A ceremony held on Wednesday in Sri Lanka's capital marked the reclamation of 269 hectares of land from the ocean, and the last four state-of-the-art dredgers used for the sand mining operation left the project site, the Xinhua News Agency reported on Thursday, according to Global Times China. The process also showcased China's high-standard technology in land reclamation represented by dredgers such as Jun Yang 1 and Wan Qing Sha operated by CCCC Guangzhou Dredging Co. Photo VCG As the China-invested Colombo Port City project has completed its land reclamation, a milestone in the progress of the project, Chinese analysts said on Sunday that it is set to become a template for investment in South Asia under the Belt and Road initiative BRI if it develops smoothly. The four big dredgers including Jun Yang 1 and Wan Qing Sha, with a total value of 400 million, started reclamation work simultaneously in June last year. The completion of the first phase of the Colombo Port City project is very significant since it lays a solid foundation for further construction, Zhao told the Global Times on Sunday. Zhao Gancheng, director of the Center for Asia-Pacific Studies at the Shanghai Institute for International Studies, said China's technology in land reclamation is currently leading the world with strong hardware. (news.financializer.com). As reported in the news.

tim cook: For that he has to run the world's most successful tech company, according to The Independent. But that's probably a doddle compared with trying to manage the expectations of Wall Street and the world's media, both of which have an obsession with Apple that sometimes borders on psychosis. Well, perhaps we shouldn't be too sympathetic in 2018 he took home 15,682,219, and his earnings since 2011 are estimated to be not far south of three quarters of a billion dollars. It's not that long, for example, since the fevered speculation about whether Apple would be the first trillion-dollar company reached a climax on 2 August last year when it finally scaled that particular greasy pole. And then on 2 January, in a letter to investors, Tim Cook revealed that he expected revenues for the final quarter of 2018 to be lower than originally forecast. But since October its shares have dropped 20% and it's been overtaken by Microsoft yes, ye olde Microsoft! as the world's most valuable company. (news.financializer.com). As reported in the news.

options: OneSignal ; One Signal.push function scope '/' ; var one Signal options ; one Signal options; true; true; ; Join Wall Street's Brightest Minds. ; Receive research in your inbox from top analysts, before the market opens, according to MSNBC. Click here to learn how. ; ; ; function document Init OneSignal var one Signal elements var function event event.prevent Default ; ; for var i 0; i i false ; if document.ready State 'complete' document Init OneSignal ; else function event document Init OneSignal ; ; body.custom-background background-image background-position left top; background-size cover; background-repeat no-repeat; background-attachment fixed; footer background-color fff; color 7A7975; text-align center; footer .widget-area padding 0 0 0px; margin 0 0px; border-bottom 0px solid ececec; ul.dropdown .current page item a, ul.dropdown .current-cat a, ul.dropdown .current-menu-parent a, ul.dropdown .current page item a, ul.dropdown .current-cat a, ul.dropdown .current-menu-item a color 154A7F; font-family Lora; .hr border-top 0px solid EEE; .widget h3.title, sidebar .tabberlive, articles .head title, h3.archive title, ul.dropdown li ul text-align center; font-size 16px; font-family Lora; border-top 0px; margin-bottom 10px; padding-top 0px; columns margin 0px 0 0px; .post h1.title text-align center; logo margin 0 0 0px; padding-top 10px; padding-bottom 10px; border-top 1px solid A2A723; .article border-bottom 1px solid A2A723; menu border-top 1px solid A2A723; border-bottom 2px solid A2A723; .post .post-meta border-bottom 1px solid A2A723; .widget .wpzoom-feature-posts li border-bottom 1px dotted A2A723; USOur Team Contact Fca Has Boosted Its Apple AAPL Position by 677,475; As Saratoga Invt SAR Stock Price Declined, Black Diamond Capital Management Upped Position Posted by Steven Holt on January 20, 2019 at 12 37 pm Fca Corp increased its stake in Apple Inc AAPL by 114.44% based on its latest 2018Q3 regulatory filing with the SEC. Fca Corp bought 3,011 shares as the company's stock declined 22.32% with the market. OneSignal window. The institutional investor held 5,642 shares of the computer manufacturing company at the end of 2018Q3, valued at 1.27M, up from 2,631 at the end of the previous reported quarter. The stock increased 0.62% or 0.96 during the last trading session, reaching 156.82. Fca Corp who had been investing in Apple Inc for a number of months, seems to be bullish on the 741.73B market cap company. (news.financializer.com). As reported in the news.