A new startup incubator has just opened in Manhattan this morning, adding to a growing list of facilities meant to help support seedling New York City biotechs. LaunchLabs, first announced by Alexandria Real Estate Equities a year ago, officially opened its doors and revealed the 13 startups that will grow there. LaunchLabs is a 15,000-square-foot […]
NYS Entity Status
NYS Filing Date
FEBRUARY 13, 2013
NYS DOS ID#
NYS Entity Type
DOMESTIC LIMITED LIABILITY COMPANY
2013 - HAMILTON HEIGHTS EQUITIES, LLC
AROUND THE WEB
- Alexandria Debuts NY’s Latest Bio Incubator With 13 Startups in Tow
By Ben Fidler - Tuesday Jun 13, 2017
- Spectrum Equity Buys Majority Stake In Bitly
Wednesday Jul 12, 2017
In exchange for $63 million, Spectrum is getting a link management platform that has the potential to track lots of user behavior, based on their linking preferences.
- Apple's Stock Down 8% Since Reaching All-Time High Last Month
By Joe Rossignol - Monday Jun 12, 2017
Apple shares are currently trading for around $143 after Monday's opening bell, around 3.5 percent lower than Friday's closing price of $148.98.
Apple CEO Tim Cook at the company's Worldwide Developers Conference last week
Apple's stock has dropped around 8 percent since reaching an all-time high of $156.10 on May 12, amid a wider downturn in the stock market. Technology stocks have been hit particularly hard, as some investment firms fear that stocks like Facebook, Amazon, Netflix, and Alphabet in particular rose too quickly.
Japanese bank Mizuho downgraded Apple to a "hold" rating today, as analyst Abhey Lamba believes enthusiasm around the company's upcoming product cycle is "fully captured" at current levels, with limited upside to estimates from here on out. The bank lowered its AAPL price target to $150, down from $160.
Andy Hargreaves, equity research analyst at Pacific Crest Securities, also downgraded Apple's stock last week. In a research note distributed to clients, he said excitement surrounding the so-called "iPhone 8" appeared to be "priced in," compounded by risks such as the potential for gross margin pressure.
Wall Street analyst Brian White of Drexel Hamilton believes otherwise, calling the recent dip in Apple's stock price another buying opportunity.
"In our view, Friday's sell-off in Apple represents yet another buying opportunity as investors turn their focus to the iPhone 8 this fall, along with the company's raised capital distribution initiative, depressed valuation, and new innovations," said White, in a research note distributed to clients on Monday.
"We continue to believe Apple remains among the most underappreciated stocks in the world," he added.
White said Apple shouldn't be compared to the likes of Facebook, Amazon, Netflix, and Google, jointly called FANG, as the iPhone maker's stock has significantly underperformed against its rivals over the past five years.
"For example, the average 'FANG' stock is up 674 percent over the past five years compared to a 100 percent increase for Apple and a 84 percent rise for the S&P 500 Index," said White, in a note obtained by MacRumors. "Even Microsoft has outperformed Apple with a 175 percent increase during this time."
White said Apple has "demonstrated resilience" through its "unique ability" to develop hardware, software, and services that work seamlessly together, despite seemingly never-ending concerns that the iPhone maker will fall victim to the missteps of consumer electronic companies of the past.
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- Brands Need To Embrace The Unexpected
Tuesday Jun 20, 2017
Done & Dusted Co-Founder Hamish Hamilton whose team has been responsible for the Super Bowl Halftime Show, London 2012 Olympics, Victoria Secret's Fashion Show, and The Oscars. Hamilton joined LukeSouthern from Omnicom's content division Drum during the Cannes Lions Festival of Creativity Tuesday to expound on his philosophy about the importance of taking creative risks and being "fearless."