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Tag: stocks

Trillion-dollar baby: Can Apple go where company has gone before?

Monday, November 24, 2014 9:57 amMonday, November 24, 201415 Comments

Over the past several weeks, at least five analysts have upgraded Apple…

Apple, GT Advanced and the ‘boule graveyard’

Thursday, November 20, 2014 5:30 pmThursday, November 20, 201427 Comments

Mesa suffered from a 50% failure rate…

Lack of experience, mismanagement doomed GT Advanced’s sapphire adventure

Wednesday, November 19, 2014 8:27 pmWednesday, November 19, 201416 Comments

The Apple-GT marriage was troubled from the start….

GT Advanced Tech creditors chafe at settlement deal with Apple

Wednesday, November 19, 2014 3:58 pmWednesday, November 19, 201415 Comments

Creditors of GT Advanced Technologies complained in a bankruptcy court filing…

Apple will save jobs in Arizona by repurposing sapphire factory

Wednesday, November 19, 2014 1:27 pmWednesday, November 19, 20146 Comments

Apple has already found new sapphire suppliers in Asia…

Apple sticking with Arizona plan after sapphire supplier GT Advanced falters

Tuesday, November 18, 2014 10:02 pm11 Comments

Apple Inc. has told officials in Mesa, Arizona, that it’s committed…

Did Apple bully GT Advanced Technologies?

Tuesday, November 11, 2014 12:58 pmTuesday, November 11, 201425 Comments

What were the Apple execs thinking?

GT Advanced COO claims Apple used ‘bait and switch’ tactic

Friday, November 7, 2014 4:28 pmTuesday, November 11, 201426 Comments

Apple Inc. used ‘bait-and-switch’ tactics in negotiating a contract…

Court unseals GT Advanced documents: Apple says it ‘bent over backwards’ to help sapphire supplier

Friday, November 7, 2014 3:28 pmFriday, November 7, 201414 Comments

New Hampshire court on Friday published hundreds of pages of documents…

Apple suppliers shunned as GT Advanced bankruptcy sparks selloff

Friday, November 7, 2014 1:29 pmFriday, November 7, 201416 Comments

Investor confidence in Apple Inc.’s suppliers and vendors is wavering…

U.S. SEC opens investigation into Apple supplier GT Advanced

Thursday, November 6, 2014 4:57 pmThursday, November 6, 20147 Comments

The SEC is seeking information about trading activity and the company’s sapphire glass…

GT Advanced says Apple settlement will survive unsealing

Wednesday, November 5, 2014 8:32 amWednesday, November 5, 20143 Comments

GT Advanced Technologies Inc. said a bankruptcy court settlement with Apple…

Judge orders GT Advanced bankruptcy papers unsealed

Thursday, October 30, 2014 3:01 pmThursday, October 30, 201417 Comments

GT Advanced Technologies Inc. lost a bid to keep an executive’s description…

Apple and GT Advanced: What went wrong

Wednesday, October 29, 2014 6:26 pmWednesday, October 29, 20149 Comments

A story that Apple tried for three weeks to suppress is now part of the public record…

Beleaguered GT Advanced describes ‘unsustainable’ Apple relationship

Wednesday, October 29, 2014 1:58 pmWednesday, October 29, 201413 Comments

A few weeks before the bankruptcy filing, he said, executives made a detailed presentation to Apple senior management…

Beleaguered GT Advanced says it can’t afford to fight mighty Apple, must settle

Tuesday, October 28, 2014 2:28 pmWednesday, October 29, 201415 Comments

GT Advanced Technologies Inc. said it needs to settle disputes with Apple Inc. because…

Apple ponders future sapphire options, leaves door open for GT Advanced

Thursday, October 23, 2014 5:32 pmThursday, October 23, 201425 Comments

The move follows the reappointment of Rob Glaser to the position of permanent CEO…

Apple promises to help former GT Advanced employees find new jobs

Thursday, October 23, 2014 4:57 pmThursday, October 23, 20148 Comments

So much for Apple’s multiyear sapphire manufacturing alliance with GT Advanced…

GT Advanced announces settlement with Apple; to exit sapphire production

Thursday, October 23, 2014 9:57 amThursday, October 23, 20149 Comments

GT Advanced Technologies Inc. and Apple have reached a settlement agreement…

Apple and GT Advanced settlement: Ending the madness

Wednesday, October 22, 2014 5:25 pmWednesday, October 22, 201410 Comments

The best clue to the failure is that only about half of the 2,000 furnaces were operational…

GT Advanced, Apple ink deal for ‘amicable’ split-up

Tuesday, October 21, 2014 9:31 pmTuesday, October 21, 201427 Comments

GT Advanced Technologies has signed a pact with Apple Inc…

Apple, GT Advanced near settlement over secrecy

Tuesday, October 21, 2014 2:28 pmTuesday, October 21, 20142 Comments

Apple and newly bankrupt GT Advanced Technologies are nearing an agreement…

GT Advanced Technologies Inc. suspended by Nasdaq

Friday, October 17, 2014 9:28 amFriday, October 17, 201419 Comments

GT Advanced Technologies Inc. stock is going over to the pink sheets after shares plummeted…

GT Advanced confidentiality hearing with Apple delayed

Thursday, October 16, 2014 11:28 amThursday, October 16, 20147 Comments

Apple Inc. supplier GT Advanced Technologies Inc. has delayed a challenge…

GT Advanced bankruptcy judge challenges Apple’s penchant for secrecy

Wednesday, October 15, 2014 8:32 pmWednesday, October 15, 201432 Comments

Judge Henry Boroff moved briskly to the heart of what mattered to Apple…

GT Advanced COO sold $2 million in stock after sapphire deal with Apple began to sour

Tuesday, October 14, 2014 5:26 pmTuesday, October 14, 201421 Comments

An executive from bankrupt Apple supplier GT Advanced Technologies…

Apple wants to file secret objection to GT Advanced motion

Tuesday, October 14, 2014 3:58 pmTuesday, October 14, 201421 Comments

Apple Inc. asked a court for permission to file under seal its objections…

U.S. Trustee and state of New Hampshire: GT Advanced must reveal bankruptcy cause

Tuesday, October 14, 2014 2:02 pmTuesday, October 14, 201415 Comments

GT Advanced Technologies Inc. (GTAT) should be ordered to file a public account of why it filed for bankruptcy…

Apple’s got a mess on its hands in Mesa, Arizona

Monday, October 13, 2014 3:59 pmMonday, October 13, 201416 Comments

GT Advanced committed to the larger experimental furnaces for the Mesa plant…

GT Advanced suggests it could sue Apple

Friday, October 10, 2014 4:06 pmFriday, October 10, 201423 Comments

GT Advanced Technologies Inc said it will cut 890 jobs…

The GT Advanced debacle: Where does Apple go from here?

Friday, October 10, 2014 3:26 pm15 Comments

Apple may come into possession of the Mesa sapphire furnaces, but…

GT Advanced blames ‘oppressive and burdensome’ Apple terms in quest to ax sapphire production

Friday, October 10, 2014 1:01 pmFriday, October 10, 201449 Comments

GT Advanced Technologies Inc. asked for bankruptcy court permission to shut down…

GT Advanced to request to shut down synthetic sapphire production

Friday, October 10, 2014 9:28 amFriday, October 10, 201410 Comments

GT Advanced Technologies Inc. (GTAT) plunged more than 17 percent…

Apple, GT Advanced in secret session with bankruptcy judge

Thursday, October 9, 2014 3:01 pm11 Comments

A bankruptcy judge is huddling privately with GT Advanced Technologies Inc. and Apple Inc…

Apple supplier GT Advanced: Confidentiality pact rules out bankruptcy explanation

Thursday, October 9, 2014 2:52 pmThursday, October 9, 20146 Comments

Apple has been known in general to place strict confidentiality requirements on suppliers…

Apple ‘surprised’ by GT Advanced’s bankruptcy filing

Wednesday, October 8, 2014 1:27 pmWednesday, October 8, 20148 Comments

Apple Inc said on Wednesday it was surprised by supplier GT Advanced’s bankruptcy filing…

Shattered sapphire dreams at GT Advanced

Wednesday, October 8, 2014 8:35 amWednesday, October 8, 201410 Comments

The rapid meltdown of GT Advanced Technologies (GTAT) remains shrouded in mystery, but…

Apple’s withholding of $139 million payment led to GT Advanced bankruptcy filing

Tuesday, October 7, 2014 6:02 pmTuesday, October 7, 201436 Comments

Apple’s decision not to use sapphire for iPhone 6/Plus followed tests in which the material proved too brittle…

GT Advanced CEO sold 9,000 shares the day before Apple’s iPhone 6/Plus event

Tuesday, October 7, 2014 4:29 pmTuesday, October 7, 201423 Comments

One day before Apple announced that its new iPhones would not use sapphire screens…

Law firms launch investigations into possible violations of federal securities laws by GT Advanced

Tuesday, October 7, 2014 1:55 pmTuesday, October 7, 201410 Comments

Levi & Korsinsky, LLP is investigating GT Advanced Technologies Inc…

Analyst: Apple may take possession of sapphire furnaces from GT Advanced

Tuesday, October 7, 2014 10:28 amTuesday, October 7, 201420 Comments

According to GT Advanced’s latest 10-Q filing, the facility in Arizona is owned by an Apple affiliate…

Apple to provide debtor in possession financing to GT Advanced?

Tuesday, October 7, 2014 9:04 amTuesday, October 7, 201418 Comments

Monday news broke that took almost everybody in the Apple investor ecosystem by surprise…

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