Apple's (AAPL) Tim Cook to Kick Off Goldman Sachs Event; All Eyes on Cash Hoard
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Short Interest on Apple (AAPL) Rises 6.5% Into Annual Meeting
February 12, 2013 7:46 AM ESTInto Apple's (Nasdaq: AAPL) Annual Shareholders Meeting on February 27th, it appears that a few more investors are taking a cautious stance.
According to the latest market data, short interest on Apple rose 6.5 percent from the middle through end of January 2013. Total... More
Large Apple (AAPL) Holders Back Company as Einhorn Looks to Unlock Value
February 12, 2013 7:28 AM ESTDavid Einhorn's initiative to get more cash out of Apple might be falling on flat ears.
According to the NY Post, two more large holders of Apple, Inc. (Nasdaq: AAPL) stock are coming out against Einhorn -- of Greenlight Capital --... More
Apple's (AAPL) Tim Cook To Sit in Michelle Obama's Box for State of the Union
February 11, 2013 4:09 PM ESTApple (Nasdaq: AAPL) CEO Tim Cook will be seated in First Lady Michelle Obama's box at Tuesday State of the Union address, according to reports.... More
Apple (AAPL) Issues Statement on Cash
February 7, 2013 3:39 PM ESTBy early last year, Apple's (Nasdaq: AAPL) cash balance had built to a point beyond what we needed to run our business and maintain flexibility to take advantage of strategic opportunities, so we announced a plan to return $45 billion to shareholders over three years. As of next week we will have executed $10 billion of that plan.
We find ourselves in the... More
David Einhorn Wants Apple (AAPL) to Create a High-Yielding Perpetual Preferred Stock, Urges NO Vote on Proposal 2
February 7, 2013 8:46 AM ESTIn its activist action on Apple (Nasdaq: AAPL) today, hedge fund manger David Einhorn of Greenlight Capital is recommending the creation of a high-yielding perpetual preferred stock, that would be distributed at no cost to Apple's existing shareholders.
In a letter to shareholders today, Einhorn is recommending shareholders vote AGAINST... More
