PHOENIX, January 12, 2015 /PRNewswire/ — EarningForecast.com has issued earnings forecast research with special focus on financial performance of the following stocks: Apple (NASDAQ:AAPL), Bank of America (NYSE:BAC), Starbucks (NASDAQ:SBUX), Rite Aid (NYSE:RAD), Brocade (NASDAQ:BRCD), and Bed Bath & Beyond (NASDAQ:BBBY).
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Apple Inc. (NASDAQ:AAPL): The share of Apple (NASDAQ:AAPL) began the trading session with a price of US$112.67. When day-trade ended, the stock price earned 0.11% to US$112.01 by the end of last trading session with 53.70 million shares exchanged hands, compared to daily average volume of 49.20 million. Apple closed out 2014 with December sales stronger than in years past, thanks to continued high demand for the iPhone 6 and iPhone 6 Plus. With the U.S. dollar rising, Apple earlier last week told software makers selling programs through its online App Store that it’s increasing app prices in the European Union, Norway, Canada and Russia because of foreign exchange rates and taxes. Apple’s App Store is a significant strategic advantage for the company that keep customers coming back to download new games and other programs to their iPhones and iPads. The industry of Electronic Equipment lifted about 0.63%, while its competitor BlackBerry fell about 2.31% to the price of US$10.38. Do you think Apple will go on? Do you think now is a good time to buy the stock? Investors could check AAPL earnings forecast report here.
Read Full Report: http://www.earningforecast.com/PR/011215A/AAPL/Apple.pdf
Bank of America Corp (NYSE:BAC): The share of Bank of America (NYSE:BAC) began the trading session with a price of US$17.38. When day-trade ended, the stock price lost 1.79% to US$16.98 by the end of last trading session with 84.14 million shares exchanged hands, compared to daily average volume of 77.64 million. Revenue at the six largest firms, which start reporting results this week, probably climbed to US$413.6 billion in 2014, second only to a record set in 2010, based on results from the first nine months of last year and analysts’ estimates for the fourth quarter. But the record legal costs probably will result in a 5% slump in profit for the six banks. Bank of America will disclose its quarterly figures this week. The industry of Money Center Banks dropped about 1.51%, while its competitor Citigroup fell about 2.23% to the price of US$50.78. Do you think Bank of America will go on? Do you think now is a good time to buy the stock? Investors could check BAC earnings forecast report here.
Read Full Report: http://www.earningforecast.com/PR/011215A/BAC/BankofAmerica.pdf
Starbucks Corporation (NASDAQ:SBUX): The share of Starbucks (NASDAQ:SBUX) began the trading session with a price of US$80.99. When day-trade ended, the stock price declined 3.27% to US$79.79 by the end of last trading session with 13.78 million shares exchanged hands, compared to daily average volume of 5.20 million. The company’s Chief Operating Officer Troy Alstead said he is taking "an extended unpaid leave" of absence after 23 years. Alstead helped lead the coffee chain restructure a few years ago, and the announcement comes amid concerns that the coffee chain may report disappointing results from the holiday quarter. The industry of Specialty Eateries slipped about 2.39%, while its competitor McDonald’s dropped about 1.22% to the price of US$93.21. Do you think Starbucks will go on? Do you think now is a good time to buy the stock? Investors could check SBUX earnings forecast report here.
Read Full Report: http://www.earningforecast.com/PR/011215A/SBUX/Starbucks.pdf
Today EarningForecast.com also observed abnormal trade volume for the following companies; Check out the consensus earnings forecast reports below:
Rite Aid Corporation (NYSE:RAD):
Read Full Report: http://www.earningforecast.com/PR/011215A/RAD/RiteAid.pdf
Brocade Communications Systems, Inc. (NASDAQ:BRCD):
Read Full Report: http://www.earningforecast.com/PR/011215A/BRCD/Brocade.pdf
Bed Bath & Beyond Inc. (NASDAQ:BBBY):
Read Full Report: http://www.earningforecast.com/PR/011215A/BBBY/BedBathBeyond.pdf
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