Uploaded by crwenewswire on Aug 25, 2011
Good Thursday morning, Its August 25th, 2011, I'm Sara Bryant with CRWENewswire Stocks In Action.
The sudden resignation of Steve Jobs, was somewhat unexpected. Now the big question is "what's next?"
Steve Jobs, who transformed Apple Incorporated - symbol AAPL - submitted his resignation to the board of directors on Wednesday and according to reports, he "strongly recommended" that the board name Chief Operating Officer Tim Cook as his successor. Jobs will remain on the Board but in a limited capacity.
In a major turn of events, Bank of America Corporation - symbol BAC - will receive a $5 billion investment from Warren Buffett's Berkshire Hathaway
And Finally,
TiVo Incorporated - symbol TIVO - reported financial results for the second quarter ended July 31, 2011, posting service and technology revenues of $49.6 million, an 18% increase year over year
Thanks for joining me and stay with us! For CRWE Newswire, Stocks In Action, I'm Sara Bryant
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