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Why Apple keeps investors waiting and waiting…

For more than a year, Apple investors have been looking ahead to what comes next. They’re still waiting, and the longer they wait the longer it takes to come to grips with Apple’s new, less-turbocharged reality. The company’s revenue rose a relatively pedestrian 7.2 percent in its third fiscal quarter compared with the awful quarter a year earlier, and Apple’s ...

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Dow tops 22,000 as Apple rallies, euro strengthens

Bloomberg The Dow Jones Industrial Average rose past 22,000 for the first time as Apple Inc. pushed to a record, while renewed strength in the euro dragged down European equities. Oil fluctuated after retreating from its brief rise above $50 a barrel. The Nasdaq 100 Index jumped as Apple’s market cap rose above $800 billion after its sales forecast revived ...

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Crude oil below $52 hits Saudi petchem industry

DUBAI / Reuters Stock markets in the Gulf were mixed on Wednesday, with Saudi Arabia dragged down by a drop in crude oil prices while blue chips led gains the United Arab Emirates and Qatar higher. Brent crude futures lost 1.7 percent on Tuesday and traded below $52 a barrel for most of Wednesday. Consequently, 11 of the 14 petrochemical ...

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