Tuesday, October 4, 2011

What's happening today...

Apple (AAPL) is a stock to watch today, with a media event set for today at Apple headquarters at 1pm ET.

Apple will introduce the iPhone 5 at the first big event since Steve Jobs stepped down as chief executive officer.

We'll also watch shares of airlines stocks like AMR (AMR), United Continental (UAL), Delta (DAL), and Southwest (LUV) after those shares took a beating yesterday on worries about the effects of a slowing economy on the industry, and the particular financial problems faced by AMR.

We'll also watch shares of Yahoo (YHOO) as speculation continues about a possible sale or breakup.

A New York Times DealBook report this morning says Yahoo may be worth well over its $17.1 billion market cap if it were to be broken off and sold in pieces.

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