NEW YORK, March 25, 2013 -Bestdarnpennystocks.com, one of the leaders in providing investment alerts on U.S. stocks are announcing Investment Highlights on Apple Inc, Dollar General Corp, Groupon Inc.
Apple Inc.(NASDAQ:AAPL) has reportedly purchased tech start-up WiFiSlam for $20 million, thereby indicating its plans to develop new indoor GPS mapping services for its iPhone and iPad. Two-year old WiFiSlam develops indoor mobile mapping applications.
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According to the company, its technology will “allow your smartphone to pinpoint its location (and the location of your friends) in real-time to 2.5m accuracy using only ambient Wi-Fi signals that are already present in buildings."
Apple could use this technology to offer tracking services to Google.
Apple had bought another start-up Siri in April 2010, and leveraged that company's strength in voice recognition and speech technology to power the iPhone's personal assistant service.
Dollar General Corp. (NYSE:DG) stock climbed 3.28% to $51.74 after the company today reported slightly disappointing fourth-quarter earnings early Monday and announced the retirement of its long-time general counsel.
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The company reported net income of $317 million, or 97 cents a share, compared with a year-earlier profit of $293 million, or 85 cents. Adjusted for one-time items, Dollar General earned 87 cents, narrowly below average analyst estimates of 90 cents. Revenue for the three months ended Feb. 1 grew 0.5% to $4.21 billion from $4.19 billion a year ago, narrowly missing the analysts’s view $4.26 billion. Sales included an extra week compared with the year-earlier period.
Groupon Inc (NASDAQ:GRPN) stock gained 3.14% to $5.92. Legg Mason Capital Management Chairman Bill Miller, on Mar. 16, said the largest daily-deal website has a “tremendous” opportunity for growth. “They have no debt; they have an enormous addressable market,” Miller said in an interview on CNBC. “Expectations are low. The stock is cheap.
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Additionally, the company on Feb. 27 announced that for the first quarter of 2013, it expects revenue to be between $560 million and $610 million and operating (loss) income to be between $(10) million and $10 million. Analysts on an average are expecting the Company to report revenue of $650 million for the first quarter of 2013.
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