Three stocks to watch: AAPL, BIOD and EBAY

Apple Inc. ( NASDAQ: AAPL ), earlier this week, announced its first-quarter financial results. The company reported a 70% increase in its first-quarter revenue. The company saw strong sales of iPhones, iPads and the Mac during the first quarter. The company also gave guidance for the second quarter. The company expects revenue of about $22 billion and diluted earnings per share (EPS) of about $4.90. During the last trading session, the stock opened at $348.58 and closed at $338.84, 0.53% lower than the previous trading session. The 52 week high has been $348.60 and the 52 week low has been $190.25. Apple is a Cupertino, California-based designer, manufacturer and marketer of a variety of personal computers, mobile communication and media devices, and portable digital music players. Biodel Inc. ( NASDAQ: BIOD ) announced that the U.S. FDA has issued a complete response letter asking for additional information relating to the company's new drug application for Linjeta injection for the treatment of type 1 and type 2 diabetes mellitus to improve glycemic control. Last November, Biodel entered into agreements with two institutional investors which are expected to increase cash inflows by $9.4 M. During the last trading session, the stock opened at $2.53 and closed at $2.28, 9.52% lower than the previous trading session. The 52 week high for the stock has been $6.25 and the 52 week low has been $1.50. Biodel Inc. is a development-stage company, focusing on the development and commercialization of treatments for diabetes. It is engaged in the development of product candidates by applying its formulation technologies to existing drugs. Its product candidate is Linjeta. eBay Inc. ( NASDAQ: EBAY ) announced its fourth-quarter financial results after market close on Wednesday. The e-commerce giant posted a 24% increase in fourth-quarter non-GAAP net income. The company's revenue climbed 5% in the fourth quarter. Excluding Skype, the company's revenue increased 10% in the fourth quarter. During the last trading session, the stock opened at $29.45 and closed at $29.10, 1.19% lower than the previous day. The 52 week high for the stock has been $31.64 and the 52 week low has been $19.06. eBay is a e-commerce company, connecting buyers and sellers through its website. This corporate profile is provided for information purposes only and should not be used as the basis for any investment decision. We are neither licensed nor qualified to provide investment advice. We were not paid, nor do we hold a position in these stocks. We reserve the right to buy or sell any stock mentioned in this report at any time after this post.
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