Money Minute: Apple Rumor Mill Heats Up as Meeting Convenes

×

Two more restaurant chains are telling their customers to leave their guns at home.

Chili's (EAT) and Sonic (SONC) both issued statements asking people to "refrain" from bringing their guns into the restaurants. They join Starbucks (SBUX) and Chipotle Mexican Grill (CMG), which had previously established "no gun" policies.

The Apple rumor mill is heating up. The company will live-stream its presentation at a major developers conference in San Francisco. It's done that only a few times before, mainly for major announcements such as the iPad Air. What could it unveil? Guesses range from the long-awaited iWatch to a new iOS platform. As usual, Apple (AAPL) isn't saying anything.

The Motorola Mobility unit of Google (GOOG) is abandoning its effort to build smartphones in the U.S. Just a year after opening a factory in Fort Worth, Texas, the company says it will close the facility by the end of the year.

More than 12,000 Europeans asked Google to remove some online information within the first few hours after the company set up a site to collect those requests. This follows a recent ruling in Europe known as the "right to be forgotten." It gives citizens there the right to request that Google and other search engines remove links to items that are deemed irrelevant, inappropriate or outdated.

"Sell in May and go away." That's one of the most often repeated sayings on Wall Street. The idea is, the market often loses ground during the summer, so get out in May. And history bears this out. According to the Stock Trader's Almanac, from 1950 through 2012, the Dow Jones industrial average (^DJI) rose more than 16,000 points from November through April but lost nearly 1,800 from May through October. Well, that strategy would have backfired so far this year.

The Dow and Standard & Poor's 500 index (^GPSC) both ended last week at record highs. And the Nasdaq composite (^IXIC) was the big winner for the week and the month, jumping more than 3 percent in May.

The best performing stock on the S&P 500 last month was Netflix (NFLX), up 30 percent after raising its monthly subscription fee. The worst performer was Whole Foods Market (WFM), down 23 percent after slashing its earnings forecast for the year.

-Produced by Drew Trachtenberg.


Increase your money and finance knowledge from home

What are Penny Stocks

The lucrative and dangerous world of penny stocks.

View Course »

Bonds for Beginners

Learn about fixed income investments.

View Course »

Add a Comment

*0 / 3000 Character Maximum

122 Comments

Filter by:
dopey.obamite

http://www.heraldscotland.com/mobile/news/home-news/two-shot-after-man-hacked-to-death-in-london-street.1369236874

An armed citizen could have left that scene with a live British soldier and two dead muslim crazies.

June 04 2014 at 9:24 AM Report abuse rate up rate down Reply
dopey.obamite

Some islamic psychos stole jets and killed nearly 3,000 people in NYC, PN and DC in 2001.....should we ban jets?

June 02 2014 at 9:49 PM Report abuse -2 rate up rate down Reply
2 replies to dopey.obamite's comment
pwl.sey

I wish we could PERMANENTLY ban idiots.

But just so you know, I'd miss you.

Not really, just trying to be nice.

June 02 2014 at 10:28 PM Report abuse +1 rate up rate down Reply
pwl.sey

Oh, and goofus. It's PA, not PN. And, not to put too fine a point on it, but the Pentagon is in VA, not DC.

You kids never miss an opportunity to be wrong, do you?

June 02 2014 at 10:29 PM Report abuse +1 rate up rate down Reply
5 replies to pwl.sey's comment
dopey.obamite

Aren't you dopey progressves pro choice?

If you don't like guns, don't carry one.

June 02 2014 at 9:41 PM Report abuse -2 rate up rate down Reply
dopey.obamite

Interesting how much gun violence, mass shootings etc happen in gun free zones.

June 02 2014 at 6:33 PM Report abuse -1 rate up rate down Reply
1 reply to dopey.obamite's comment
pwl.sey

You know what's REALLY interesting? That the US leads the world in gun violence. Weird, eh? Especially considering the rest of the world has the same video games, the same movies, much of the same tv, but somehow, we have more gun violence than anywhere else.

Really odd.

I wonder what the difference is between the US and every other first world nation.

Any guesses, DOPEY?

June 02 2014 at 8:10 PM Report abuse +1 rate up rate down Reply
4 replies to pwl.sey's comment
dopey.obamite

The freedom haters are the nuts.

June 02 2014 at 4:27 PM Report abuse rate up rate down Reply
1 reply to dopey.obamite's comment
pwl.sey

There are more people who live their lives just fine without guns, than there are scared little people like you.

June 02 2014 at 4:28 PM Report abuse +1 rate up rate down Reply
7 replies to pwl.sey's comment
dopey.obamite

Progressives in government don't like the 2nd ammendment because it was put in place to protect us from them (government)

June 02 2014 at 4:07 PM Report abuse -1 rate up rate down Reply
1 reply to dopey.obamite's comment
pwl.sey

No. It was put in place because we were a new country without a standing army.

Learn some history. I hate watching people embarrass themselves.

WELL REGULATED MILITIA should have been a pretty good hint.

June 02 2014 at 4:09 PM Report abuse rate up rate down Reply
5 replies to pwl.sey's comment
pwl.sey

Gun nuts. There is a reason these places are banning you kids.

MORE people want you gone, then there are of you.

Simple economics.

June 02 2014 at 3:53 PM Report abuse +2 rate up rate down Reply
tkngod

Then look for Chili's and Starbucks to lose business! I go nowhere that I am not legally armed pursuant to my constitutional right! And just what are they going to do if you carry in their restaurant...ban you?

June 02 2014 at 3:47 PM Report abuse -1 rate up rate down Reply
1 reply to tkngod's comment
pwl.sey

You won't go to Chili's. Good. But LOTS of families that don't want gun fetishists hanging about will be more than happy to patronize their establishments.

There are a lot less of you than you think.

June 02 2014 at 3:52 PM Report abuse +2 rate up rate down Reply
5 replies to pwl.sey's comment
ducklakeman

The libs are as dumb as is obama a lying ass. Libs love to believe that if guns are outlawed, illegal activities with guns will stop. Actually, listen up you dumb ass libs, crimes will increase. The criminal will run wild in the streets, knowing that their targeted victim will not be able to defend him/herself. Most they can do is call 911 AFTER they are robbed or car jacked.
Also, the U.S. army, under obama's watch and direction, will be ordered to fire on civilians. The army will less likely do so if they themselves may face gun fire.
obama is a true pile of human excrement. one lying sack of sh*t. His followers are cowards and will be glad to give up their freedoms so this country can become like Cuba, or Venezuela or Canada.
obama is a accomplice to mass murder, on a daily basis. He LOVES abortions and late term and partial birth abortions. He got the lib votes on that topic. Google his "Botched Abortion Law" he signed in 2013. lf you have the guts.
When an attempted abortion goes "wrong", the breathing and fighting for it's life "glob of tissue" is placed in a darkened room for the many minutes, hours, or days it takes for it do draw it's last breath. Class act barrack. Real humane. Do your daughters know you have blood on your hands? Seems most pro-choice people do not know the fact about partial birth abortions. Or choose to not think about it.
Hitler would be proud.

June 02 2014 at 3:30 PM Report abuse -4 rate up rate down Reply
2 replies to ducklakeman's comment
Liza

You're a full blown psychotic, duckman.
(if you hadn't gone off into tearing babies apart for fun (u must watch too many slasher movies) , I would have said you have a future in lurid, delusional fiction writing for a very select readership of frothing-at-the-mouth bunker-dwelling crackpots).
Just wow.

June 02 2014 at 3:44 PM Report abuse +1 rate up rate down Reply
pwl.sey

"Libs" are cowards? Yet you're the one scared to leave his house without a gun.

Sorry son. But that doesn't make any sense. When you get tired of being afraid of your own shadow, we'll talk. Sound good?

June 02 2014 at 3:48 PM Report abuse +3 rate up rate down Reply
sasha

If I see anyone packing in a store or restaurant I will not patronize again. I live in a rural area where interestingly you never do see anyone doing this. People just have guns, they have always had them and I own a rifle. No big deal.

The ones that have made packing a big deal are actually hurting everyone who owns a gun. They are the face of the absurdity of their interpretation of the 2nd.

What IS going to happen is the courts will some day go back to the way they were for over 200 years or even to 1791 when you were required, if white, to register your gun and have it inspected. Of course, the weapons then were flintlocks. No laser sights; no silencers; no paranoia.

June 02 2014 at 3:13 PM Report abuse +1 rate up rate down Reply
1 reply to sasha's comment
dopey.obamite

"THE RIGHT TO KEEP AND BEAR ARMS SHALL NOT BE INFRINGED"

what's to interperet?

June 02 2014 at 4:05 PM Report abuse -3 rate up rate down Reply
1 reply to dopey.obamite's comment
pwl.sey

You forgot A WELL REGULATED MILITIA.

Funny, you kids always leave that out. And it's FIRST too.

Grow up, you child. The 2nd amendment doesn't say "A Group of Frightened people being necessary for the security of a free nation shall have all the guns their scared little hearts desire."

June 02 2014 at 4:26 PM Report abuse +1 rate up rate down