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>> APPLE INC. Latest News

FEB 01, 2013 - MarketWatch

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Audience shares surge on results, upgrades

SAN FRANCISCO (MarketWatch) -- Audience Inc. saw its shares jump nearly 24% to $15.15 in early trades on Friday. The company, which makes audio processing technology used in cell phones and other mobile devices, reported better-than-expected results for the fourth quarter and issued a forecast that was well above Wall Street's estimates. The stock was upgraded to neutral ratings by both Credit Suisse and Deutsche Bank following the results. "While Apple will continue to decline for Audience, we are upgrading to Neutral from Underperform, as we feel more comfortable that the company can ... Read More

Tags: Audience shares surge on results, upgrades,  Apple Inc. Latest News