The biggest stock movers for the day consist of Apple, Verizon and Bayer. It stands out that these three companies are implementing certain strategies to solidify their marketing strategies and future business ventures.
Apple, the tech giant may take awhile before implementing major iPhone upgrades, since for now, Apple plans to using a three-year cycle, based on a past post rendered by Japan's Nikkei. With Apple, everything is always unpredictable. It is undeniable that Apple has weathered the tumultuous business environment and has remained resilient for many years. With the tech giant's new move, it is forecasted that it would boost the company's financial stability and resources.
As for Verizon, the unionized workers who have been on strike since April will likely be headed back to work and since a tentative deal between Verizon and its unions has been reached, the agreement includes 1,400 new jobs and pay raises topping 10 percent, reports Yahoo Finance.
Additionally, Jobs & Hire has formerly shared of how Verizon experienced the harsh outcomes of the union strike and it has even pushed Verizon to hire temporary workers just to keep things at bay. Not only that, it has even involved the White House to ensure that proper measures and safe procedures are implemented.
Moreover, for Bayer, it is ready to sweeten its all-cash offer for Monsanto as soon as this week, given the fact that Monsanto rejected Bayer's $122 per share offer last week and if it goes smoothly, it would be the biggest takeover proposed by a German buyer, as further noted by the same post.
It remains unsettled on how these stock movers would fare in the coming days. However, it already proven that these companies, Apple, Verizon and Bayer have remained resilient despite the volatility of the business industry.
