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Sun, Nov 08, 2009 - 05:06 AM EST — AAPL: 194.34 (+0.3099, +0.16%) | NASDAQ: 2112.44 (+7.12, +0.34%)

Intel upgrade, U.S. productivity gains lift tech stocks; Apple shares rise

Wednesday, December 05, 2007 - 12:08 PM EST

"Most technology stocks gained ground Wednesday morning after upbeat news on U.S. productivity levels and bellwether Intel Corp.'s stock was upgraded," Rex Crum reports for MarketWatch.

"Intel (INTC: 27.24, +0.93, +3.5%) shares rose... Thomas Weisel raised its rating on Intel to overweight from market weight, saying the company is likely to benefit from growing demand for notebook PCs in 2008," Crum reports.

"Tech issues also seemed to gain momentum from a Labor Department report that said the U.S. economy showed its strongest productivity gains in four years," Crum reports.

In midday trading, Apple Inc. (AAPL) shares were up $5.72, or 3.2% to $185.53.

Full article here.

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Dec 05, 07 - 12:38 pm Comment from: Gandalf

Strongest productivity gains - lawyers must be working longer hours

Dec 05, 07 - 01:30 pm Comment from: ApplePi

Do the numbers usually go down before an Apple announcement, like in January? I'm looking to buy.

Dec 05, 07 - 01:32 pm Comment from: standardmess

A lot of time in the past, right before an announcement the numbers inflate quite a bit due to anticipation of rumored products. Sometimes they stabilize after the announcement; many times, they drop substantially after the announcement.

But I'm not an analyst.

Dec 05, 07 - 02:18 pm Comment from: AlanAudio

ApplePi -
simply type AAPL into Google to see a simple indication of how well the stock is doing today.

If you click on Google Finance, or one of the other financial sites linked to, you'll be able to see historical data for any date that interests you and will be able to see for yourself if those trends are such that you fancy investing on that basis.

Dec 05, 07 - 05:29 pm Comment from: all smiles

eeeeeeeeeee

j

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Sun, Nov 08, 2009 - 05:06 AM EST — AAPL: 194.34 (+0.3099, +0.16%) | NASDAQ: 2112.44 (+7.12, +0.34%)

Intel upgrade, U.S. productivity gains lift tech stocks; Apple shares rise

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MacDailyNews - Where Mac news comes first

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Current Headlines

Sun, Nov 08, 2009 - 05:06 AM EST — AAPL: 194.34 (+0.3099, +0.16%) | NASDAQ: 2112.44 (+7.12, +0.34%)

Intel upgrade, U.S. productivity gains lift tech stocks; Apple shares rise

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