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Apple Shares Pass $700 Mark

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  • Description

    FBN’s Nicole Petallides breaks down the day in the markets.

  • Duration 1:27
  • Date

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-- stocks are moving let's go to call paddle eighties at the new York stock exchanges -- First about FedEx because they did beat expectations but gosh -- a lot of warnings about the future and that weighed heavily in the stock today.

That's right it's another warning again for FedEx they did this in early September they're doing it again now just talk about the outlook -- -- global economy.

And they're not seeing the manufacturers are making things for them to be shipping.

You put the two things together and that makes for tough day for FedEx and UPS's -- well it was all about apple today as well the stock cross the 700.

Dollars share mark looking into the close.

Just slightly above that an outlook there hello here we go yeah that fund to take a look at what nobody an apple shareholder -- the 42 time this year that it's hitting a new all time high.

Is above 701 throughout trading today and the apple I -- five has been selling -- pre -- of broke all the records okay.

-- guess what rim had a good day there there was word out about a deal with Microsoft -- some software for.

For Blackberry so -- -- apparently does have a future of some kind anyway in the stock was up.

We'll we L on the near the -- is this -- -- -- -- -- right Microsoft's been trying to make some deals on some of the patent that they own and the Blackberry maker rim gets and then make this deal today.

Coal some of the names in the -- space are getting hit hard today -- -- They really are and then having to cut -- -- shot back.

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