Apple Shares Cut to $70?
So the news on Steve Jobs hasn’t been very good for shares of Apple, which has seen it’s shares drop recently However, the Royal Bank of Canada today downgraded the Apple stock price and slash its target of $125 per share down to $70. This all on claims of concerns of earning potential and uncertainty about the company’s leadership in other words Steve Jobs’ health.
I think Apple will be fine with or without Jobs. The ipod and iphone are still selling like gangbusters. And there should be some great new and exciting products in 2009 such as a new Mac mini, new iMacs and possibly a new 4GB iPhone.
This stock was selling at $200 a share not long ago. Even though we are in the grips of a recession, it seems people are still willing to pay top dollar for Apple’s most popular items.
[poll id="2"]
RBC Bank President Gordon Nixon - Salary $11.73 Million
$100,000 - MISTAKE (FISHERMEN’S LOAN)
I’m a commercial fisherman fighting the Royal Bank of Canada (RBC Bank) over a $100,000 loan mistake. I lost my home, fishing vessel and equipment. Help me fight this corporate bully by closing your RBC Bank account.
There was no monthly interest payment date or amount of interest payable per month on my loan agreement. Date of first installment payment (Principal + interest) is approximately 1 year from the signing of my contract.
Demand loan agreements signed by other fishermen around the same time disclosed monthly interest payment dates and interest amounts payable per month.The lending policy for fishermen did change at RBC from one payment (principal + interest) per year for fishing loans to principal paid yearly with interest paid monthly. This lending practice was in place when I approached RBC.
Only problem is the loans officer was a replacement who wasn’t familiar with these type of loans. She never informed me verbally or in writing about this new criteria.
Phone or e-mail:
RBC President, Gordon Nixon, Toronto (416)974-6415
RBC Vice President, Sales, Anne Lockie, Toronto (416)974-6821
RBC President, Atlantic Provinces, Greg Grice (902)421-8112 mail to:greg.grice@rbc.com
RBC Manager, Cape Breton/Eastern Nova Scotia, Jerry Rankin (902)567-8600
RBC Vice President, Atlantic Provinces, Brian Conway (902)491-4302 mail to:brian.conway@rbc.com
RBC Vice President, Halifax Region, Tammy Holland (902)421-8112 mail to:tammy.holland@rbc.com
RBC Senior Manager, Media & Public Relations, Beja Rodeck (416)974-5506 mail to:beja.rodeck@rbc.com
RBC Ombudsman, Wendy Knight, Toronto, Ontario 1-800-769-2542 mail to:ombudsman@rbc.com
Ombudsman for Banking Services & Investments, JoAnne Olafson, Toronto, 1-888-451-4519 mail to:ombudsman@obsi.ca
http://www.pfraser.blogspot.com
http://www.corporatebully.ca
http://www.youtube.com/CORPORATEBULLY
http://www.p2pnet.net/story/17877
“Fighting the Royal Bank of Canada (RBC Bank) one customer at a time”
[...] So the news on Steve Jobs hasn’t been very good for shares of Apple , which has seen it’s shares drop recently However, the Royal Bank of Canada today downgraded the Apple stock price and slash its target of $125 per share down to $70. …[Continue Reading] [...]
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