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Tag: carl icahn

Apple.com, Mac App Store celebrates 30 years of the Mac, and more news for January 24

Today marks the 30th anniversary of the Mac and Apple is out in force promoting it. Tim Cook will be appearing on ABC's World News with Diane Sawyer later tonight for an exclusive interview and now the company has also revamped its homepage in celebration of the anniversary. However, more than...

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Pixelmator gets 16-bit image support for Mac Pro, and more news for January 23

Mac image and graphics editor Pixelmator has just dropped a big update to its software that further sees the app move in the direction of becoming a legitimate replacement for Photoshop. Pixelmator 3.1 "Marble," released today, adds a host of new features, the biggest of which is...

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Apple files Preliminary Proxy Statement with SEC, urges shareholders to oppose Carl Icahn's share buyback proposal

Apple on Friday posted its Preliminary Proxy Statement with the SEC. The statement provides notice that Apple's annual shareholders meeting is scheduled to take place in 2014 on Friday, February 28. The meeting will see shareholders consider five proposals, one of which is activist investor Carl...

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CalPERS exec criticizes Icahn's plans for Apple stock

One very prominent Apple investor isn't happy with "activist investor" Carl Icahn and his plans to return more money to shareholders. Anne Simpson, head of corporate governance for the California Public Employees' Retirement System (CalPERS), was interviewed by Bloomberg yesterday and was outright...

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Daily Update for December 13, 2013

It's the TUAW Daily Update, your source for Apple news in a convenient audio format. You'll get some the top Apple stories of the day in three to five minutes for a quick review of what's happening in the Apple world. You can listen to today's Apple stories by clicking the player at the top of...

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Carl Icahn files shareholder proposal in effort to actualize larger stock buyback

Well, if there's one thing most can agree on when it comes to activist investor Carl Icahn, it's that he's persistent. In an exclusive interview with Time, the billionaire investor reveals that he recently filed a shareholder proposal to be raised at the company's next shareholders meeting. Its...

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Carl Icahn reportedly pushed Tim Cook for $150B Apple share buyback

The planned dinner between investor Carl Icahn and Apple CEO Tim Cook took place as scheduled last evening, and Icahn is reporting through Twitter that the dinner was "cordial" and that he pushed for Apple to bump its share buyback program up to US$150 billion. Icahn believes that Apple's share...

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It's a date! Carl Icahn and Tim Cook to meet next Monday

After investor Carl Icahn made a big splash by purchasing about US$2 billion worth of Apple Stock last month, he said via Twitter that he was going to have dinner with Tim Cook to discuss the "magnitude" of Apple's share buyback program. CNBC is reporting that the two will be meeting Monday in New...

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Daily Update for August 23, 2013

It's the TUAW Daily Update, your source for Apple news in a convenient audio format. You'll get all the top Apple stories of the day in three to five minutes for a quick review of what's happening in the Apple world. You can listen to today's Apple stories by clicking the inline player (requires...

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Carl Icahn meeting with Tim Cook to discuss AAPL share buyback

Activist investor Carl Icahn made news a few weeks back when he announced, via a tweet, that he had bought a large position in Apple, which is now reported to be about US$1.5 billion worth of Apple stock. Immediately, Apple's stock shot up and has been up ever since. But as an activist investor,...

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Icahn's AAPL buyback advice could benefit Apple quickly, significantly

An analysis by Deutsche Bank's Chris Whitmore shows a potential US$50 billion stock buyback would boost Apple's earnings per share by as much as $4.25 in 2014, AppleInsider reports. This comes in the wake of a meeting last week between Tim Cook and investor Carl Icahn where the possibility of...

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Icahn reportedly invested over $1.5 billion in Apple, stake in company still less than 1%

While initial reports indicated that billionaire investor Carl Icahn invested US$1 billion in Apple stock, the Wall Street Journal is now reporting that Icahn may have put more than $1.5 billion into Apple. Recall that shares of Apple skyrocketed by over 20 points yesterday following word of...

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Apple shares skyrocket by 20 points following investment from Carl Icahn

Shares of Apple shot up by more than 22 points on Tuesday following word that billionaire investor Carl Icahn had taken a large position in Apple. At one point during the trading day, shares of Apple reached $494 after starting the day trading at $471.50. In a tweet sent out by Icahn himself on...

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