NEW YORK, April 08, 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, Google Inc.
The US Patent & Trademark Office has published a new iWallet transaction patent application from Apple. It looks like Apple Inc.(NASDAQ:AAPL) is still working on the features but is close to finalizing the project. The timing of the product is not known.
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This week's new iWallet Transaction patent application focused on "A method for conducting a financial transaction" with steps starting from taking a picture of a displayed code on a transaction terminal using a camera of a portable electronic device and sending data to the transaction terminal to conduct the financial transaction.
Apple has named Engineering Program Manager Sean Mayo, Senior User Interface Designer Taido Nakajima, Michael Rosenblatt (who no longer works with Apple) and Gloria Lin, as the inventors of the patent.
Apple's iWallet could be an application for the iPhone and the California company will want to avoid a ‘Maps’ like scenario. If any mistake were to occur in an important financial transaction due to Apple's iWallet, people could lose confidence in the iPhone.
Meanwhile, Google Inc(NASDAQ:GOOG) Fiber might soon be coming to Austin, Texas. This would make it thelargest city to receive Google’s super-fast, one gigabit Internet and TV service after the initial launch in Kansas City last year.
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In fact, over the weekend, for a short while, Google Fiber’s news website flashed a message: “Google Fiber’s Next Stop: Austin, Texas,” but the message was removed thereafter.
“It’s no longer a question,” wrote Austin-based blogger and telecom expert Stacey Higginbotham. “Google isbringing its Google Fiber network to Austin. I’ve confirmed it with sources and the brief publication of a post in the middle of the night by Google should assuage anyone else’s doubts.”
This step by Google shows that the tech giant is serious about becoming an Internet service provider. GoogleFiber’s rival in Austin is Time Warner Cable.
Dollar General Corp.(NYSE:DG) is going to offer $1.3 billion of Senior Notes due 2018 and Senior Notes due2023.
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The company also expects to enter into new senior unsecured credit facilities consisting of a $1 billionfive-year term loan facility and a $850 million five-year cash-flow based revolving credit facility which is expected to be undrawn at closing. The offering of the Notes is not dependent on completion of the new creditfacilities and related refinancing.
The Company will use the net proceeds from the sale of the Notes and the term loan borrowings under its newsenior unsecured credit facilities, to repay all the outstanding loans under the existing senior secured credit facilities, to pay related fees and expenses and also for general company-related purposes.
The book-running managers for the offering are BofA Merrill Lynch, Citigroup, Goldman, Sachs & Co., J.P.Morgan, US Bancorp and Wells Fargo Securities.
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