The Ticker

Written By Unknown on Kamis, 19 Desember 2013 | 16.02

Apple taking orders for Mac Pro today

Apple will start taking orders for its high-end Mac Pro desktop computer today.

The computer is assembled in Austin, Texas, consistent with Apple's pledge to move manufacturing of an existing Mac line to the U.S.

The Mac Pro, long considered a work horse among graphics and film professionals, is now one-eighth the volume of the previous, boxy model and is about 10 inches tall. It has a starting price of $2,999.

Seaport District building sells for $60M

TIAA-CREF has purchased the eight-story office building at 51 Sleeper St. in South Boston's Seaport District for $60.2 million.

The financial service company's TCAM Core Property Fund Operating LP made the acquisition from DivcoWest, a San Francisco-based real estate investment firm that had picked up the 150,000-square-foot property for $48.25 million last year, according to Registry of Deeds filings.

SAC Capital employee found guilty

A portfolio manager at one of the nation's largest hedge funds was convicted yesterday of insider trading charges.

Michael Steinberg, who worked at Stamford, Conn.-based SAC Capital Advisors, made illegal trades between 2007 and 2009 after receiving insider information from an analyst, Jon Horvath of San Francisco. Horvath pleaded guilty last year to insider trading charges and agreed to testify against Steinberg.

SAC Capital Advisors this month agreed to pay a record $1.8 billion to settle civil and criminal insider trading charges.

Today

  • Labor Department releases weekly jobless claims.
  • National Association of Realtors releases existing home sales for November.
  • Freddie Mac, the mortgage company, releases weekly mortgage rates.
  • Conference Board releases leading indicators for November.

TOMORROW

  • Commerce Department releases final third-quarter gross domestic product.

THE SHUFFLE

  • Murtha Cullina LLP is pleased to welcome associate Kevin F. Yetman, left, to the firm. Yetman is a member of the firm's litigation department and bankruptcy and creditors' rights group in its Boston office.
  • Celtra Inc., a media and mobile ad creation firm, announces the appointment of Todd Taplin as executive vice president of global sales, strategy and services. Taplin brings business leadership and comprehensive industry experience to Celtra.

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