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Opening Bell: Job vacancies rise, Disney's surprise hit, Apple's value hits $800bn

There's been an increase in professional job vacancies over the past month - according to the lat...
Newstalk
Newstalk

07.45 10 May 2017


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Opening Bell: Job vacancies ri...

Opening Bell: Job vacancies rise, Disney's surprise hit, Apple's value hits $800bn

Newstalk
Newstalk

07.45 10 May 2017


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There's been an increase in professional job vacancies over the past month - according to the latest figures from Morgan McKinley Ireland.

There was a 7% month to month increase in professional job vacancies nationally in April, compared to March 2017.

Meanwhile, there was a 15% reduction in the number of professionals seeking new roles between March and April.

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This research covers jobs in areas including, banking and financial services, commerce, law, HR, and customer services.

The unemployment rate is currently 6.2%.

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Apple has become the world's first company to reach a market capitalisation of more than $800bn.

The value of the tech firm's shares has increased by 33% this year - and 50% since the US election late last year.

Share buybacks are one factor which has boosted its stock price. The company has reduced its share count by 20.9%.

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Walt Disney profits rose by 11% to $2.4bn during the first three months of this year.

Its performance was boosted by box office hits like Beauty and the Beast - and a surprise jump in visitor numbers at its theme parks.

"Attendance is outpacing our most optimistic projections," Disney CEO Robert Iger said commenting on the success of its theme parks.

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Snapchat's parent company is expected to report a big loss when it reveals its first financial results later.

Snap Inc listed on the US stock market for the first time in March.

Investors are used to social media companies registering early losses - it's generally accepted if it is paired with significant user growth. The company had 158 million active users at the end of last year - that was 48% more than it had at the end of 2015.

Its value initially rose beyond €28bn when it began trading.

 

 

 

 


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