Morning stock check: Apple, Franklin up

Local computer industry trend setter Apple, Inc. (AAPL) is trading up this morning with stocks up more than 6 percent in early trading. Franklin Resources, Inc. (BEN), a San Mateo-based investment management company, is also up around 4 percent this morning.

Local companies down in early trading today are BEA Systems, Inc. (BEAS), National Semiconductor Corp. (NSM), a Santa Clara semiconductor manufacturer, Lam Research Corp. (LRCX), and KLA-Tencor Corp. (KLAC).

The companies leading the way this morning in volume of trading are BEA Systems with more than 40 million shares changing hands and Apple with traders exchanging more than 28 million shares.

The Dow Jones Industrial Average Index as a whole is up in early trading this morning.

On other stock-related news, Apple announced strong fourth-quarter results with Mac sales setting a record, according to a news release. Oracle Corp. (ORCL) has set a deadline of Oct. 28 for BEA Systems to accept its purchase offer, according to Reuters.

businessBusiness & Real Estate

If you find our journalism valuable and relevant, please consider joining our Examiner membership program.
Find out more at www.sfexaminer.com/join/

Just Posted

Scooter companies have expanded their distribution in neighborhoods such as the Richmond and Sunset districts. (Kevin N. Hume/S.F. Examiner)
SFMTA board signs off on changes to scooter permit program

Companies will gete longer permits, but higher stakes

A health care worker receives the Moderna COVID-19 vaccine. (Go Nakamura/Getty Images/TNS)
City sets ambitious goal to vaccinate residents by June

Limited supply slows distribution of doses as health officials seek to expand access

U.S. President-elect Joe Biden and Jill Biden arrive at Biden's inauguration on the West Front of the U.S. Capitol on January 20, 2021, in Washington, DC.  (Win McNamee/Getty Images/TNS)
Joe Biden issues call for ‘unity’ amidst extreme partisan rancor

‘I will be a president for all Americans,’ he says in inauguration speech

MARIETTA, GA - NOVEMBER 15: Democratic U.S. Senate candidates Jon Ossoff (R) and Raphael Warnock (L) of Georgia taps elbows during a rally for supporters on November 15, 2020 in Marietta, Georgia. Both become senators Wednesday.  (Jenny Jarvie/Los Angeles Times/TNS)
Vice President Harris swears in senators Padilla, Warnock, Ossoff

New Democratic senators tip balance of power in upper legislative house

The charismatic Adarsh Gourav, left, and Priyanka Chopra Jonas star in “The White Tiger,” Ramin Bahrani’s adaptation of the novel by Aravind Adiga.<ins> (Courtesy Netflix)</ins>
‘White Tiger’ takes in-depth look at India’s caste system

‘Identifying Features’ depicts human effects of Mexico’s drug wars

Most Read