Carl Icahn Backing Off Apple Buyback Activism
Apple may finally be free from outside activist shareholder pressure from the likes of Carl Icahn. In his newest letter to shareholders, Icahn appears to be backing off entirely from his push for share…
Apple may finally be free from outside activist shareholder pressure from the likes of Carl Icahn. In his newest letter to shareholders, Icahn appears to be backing off entirely from his push for share…
Micron Technology held its winter analyst meeting on February 7, and shares closed at $24.51 on Friday, against a 52-week trading range of $7.64 to $24.77. After the meeting we have seen several analyst…
Pre-eminent proxy advisory firm Institutional Shareholder Services (ISS) has come down on the side of Apple in its clash with activist investor Carl Icahn over an additional $50 billion share buyback Icahn is proposing.
ThinkstockThe first-quarter earnings season is starting to wind down, but the information technology (IT) analysts at J.P. Morgan are focused on four names that will be releasing numbers soon. The team suggests that it is…
courtesy of AOL, IncWhen AOL Inc. (NYSE: AOL) CEO Tim Armstrong said on Thursday that the company was changing the way it paid its 401(k) benefits, he blamed Obamacare and two “distressed babies” born…
ThinkstockEarnings season is starting to wind down and now we are starting to see the later reports and the off-calendar fiscal reporting companies issue their earnings. Still, there are some key earnings reports ahead.…
ThinkstockLast week saw fourth-quarter earnings results from two of the premier players in the social media sector: Twitter Inc. (NYSE: TWTR) and LinkedIn Corp. (NYSE: LNKD). Neither company’s results proved encouraging to investors, but…
Organovo Holdings Inc.Over the past 12 months, most 3D printing company stocks have posted gains of at least 40%. One one has seen its shares rise nearly 120%. Since the beginning of the year,…
ThinkstockAkamai Technologies, Inc. (NASDAQ: AKAM) has been a top name to buy at Oppenheimer for some time. This last week their due diligence paid as the company absolutely blew out numbers. Akamai reported fourth-quarter…
ThinkstockChip-maker ON Semiconductor Corp. (NASDAQ: ONNN) posted better than expected results after the markets closed last Thursday, and the stock closed up more than 8.5% on Friday after posting a new 52-week high. Volume…
ThinkstockChinese Internet service provider NQ Mobile Inc. (NYSE: NQ) was attacked by short selling firm Muddy Waters LLC in late October and the company’s share price tumbled from a 52-week high of $25.90 to…
Apple CEO Tim Cook said that Apple has repurchased more than $40 billion worth of its own shares in the past 12 months, a total he claimed is a record for any company. Who…
The Financial Times cites unnamed sources who say IBM is also exploring a sale of its semiconductor business. What the company would give up is an essential part of its history and, many observers…
A disclosure on the Hong Kong stock exchange revealed Thursday that Google may acquire a nearly 6% stake in China's Lenovo Group for $750 million. But if Google wants out of hardware business, how…
24/7 Wall St. is offering a new analyst call montage now that Twitter's earnings have been seen by so many analysts. The long and short of the matter is that analysts who were bullish…