Company News: Apple, ConocoPhillips, Anadarko, Altria, JPMorgan Chase, Boeing
• Apple tried to win over skeptics with a flurry of updates and announcements at its annual developers conference. With its stock down 38 percent from last year’s peak of $702, the company unveiled a streaming-music service called iTunes Radio, a thorough redesign of its iPhone software, and a new MacBook Air laptop. Wall Street wasn’t wowed, as shares drifted lower.
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