The Top Ten Stocks for April 28

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April 28 (Bloomberg) -- Bloomberg's Trish Regan, Julie Hyman and Olivia Sterns report on today's ten most important stocks including Apple, Corning, Pfizer and AstraZeneca. (Source: Bloomberg)


We are watching charter.

They have reached a deal, in which it will purchase subscribers from time warner cable in a 7.3 billion dollar deal, which will help ease the approval process with the merger between time warner cable and comcast, and amazon is down about two percent, the commerce site down again, citing a 10% loss after jeff bezos said he will not slow down spending, and the company has been spending for a while, but he has been spending more and people are more concerned about it.

Number eight, facebook falling two percent.

The social media giant reached out to help build tools, and they acquired a company last year.

Number seven is apple.

The company behind the iphone is said to plan to a fund a $30 billion increase.

The offer may come as soon as this week.

And microsoft unlike some other tech names, is up today.

But they are rushing to fix a major security flaw in their web browser.

It would allow someone to take over someone's pc as if they were to click on a link at a malicious website.

Number five is bank of america, plunging six percent today, following the most since november 2012. this is after it suspended plans for a dividend increase in a $4 billion share buyback.

The company had an error in its stress test admission to the fed, and they were looking at structured notes issued by merrill lynch, so they are pointing the finger at merrill lynch, and this is causing waves in the financial sector today, but they are not the first big bank to report a problem.

Worst-case scenario, down 21 basis points from what they previously estimated, so it is still double digits, 11.9%. it is curious.

You wonder if they discovered it and alerted the fed or if the fed discovered it and alerted bank of america and why it was not discovered during the stress test.

And you think about what happened with citi and their failing of the stress test because of what we can assume is that accounting issue in mexico.

You wonder what is going to happen next time.

The big question is whether they will be able to pay that dividend.

Either way, pretty embarrassing.

Not much for corning, inching higher, posting first-quarter profits that beat analysts estimates.

A supplier to apple and samsung and the maker of gorilla glass, they had it increase year-over-year.

Number three, newmont mining falling.

The talks between companies have now ended.

Newmont, it sounds like, call them off.

It was to combine the to large old producers.

Discussions were halted on april 18 amid disagreements.

It looks like newmont is blaming it on the ceo of barrick.

They both want to get together, but no deal.

Number to, the energy partners will buy a gasoline supplier for about one $.8 billion, and that will add to their retail unit and forecast an annual savings of 70 million dollars.

And that is the close.

All right, coming up on our number one stock of the day, we have got pfizer and astrazeneca.

Astrazeneca rejected the offer on the basis that was just too low.

He where are the close of trading and the markets ending

This text has been automatically generated. It may not be 100% accurate.


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