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Apple last week announced that it would embark on a massive stock repurchasing plan whereby it will purchase US$60 billion worth of its own shares by the end of 2015. In a press release on the matter, Apple called it the "largest single share repurchase authorization in history." What's more, the c...

1 year ago 0 Comments
April 30, 2013 at 12:00PM
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Warren Buffet was on CNBC yesterday, and the famous investor had some opinions about Apple, its stock price and the enormous pile of cash it's sitting on lately. His basic thoughts, not surprisingly, were just for Apple to keep making money. "The best thing you can do with a business is run it ...

2 years ago 0 Comments
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Topeka Capital Markets financial analyst Brian White has weighed in on Apple's 2013 outlook and sees a bright future for the tech giant despite a slight stumble as 2012 entered the record books. According to Apple Insider, White named Apple his firm's top stock pick for the coming year, predictin...

2 years ago 0 Comments
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Apple's stock price has had quite an interesting year. After hitting a record high of over $700 per share in September, the price has been hovering around the $500 mark for several weeks. But as Businessweek reports, that figure just isn't low enough for analyst Edward Zabitsky, who is banking on ...

2 years ago 0 Comments
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Despite falling off significantly from its highest point of the year at over $700 a share, Apple's stock is still a hot topic amongst investment gurus. Financial magazine Barron's not only retains faith in Cupertino's value, but feels so strongly about the company's ability to once again reach a l...

2 years ago 0 Comments
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British Telecom has reported that it is "highly likely" to simply write off the 2.6 percent stake it invested in the recently rebooted cloud computing service, OnLive. The issue isn't yet settled, but a BT spokesperson told TechRadar that "the 2.6 percent shareholding in OnLive does not represent a...

2 years ago 0 Comments
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It might not pack the same thrill as the rumors of in-feed video, but Twitter has added clickable stock symbols on tweets. This now throws up search results for both the stock and the company, using a new 'cash' tag, like $FB, to differentiate from typical links and tags. As noted by TNW, it's bad...

2 years ago 0 Comments
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THQ will keep its NASDAQ listing following the approval of a reverse stock split by its controlling board. Last week, stockholders met and approved a 10-to-one reverse stock split, effectively consolidating THQ's nearly 70 million stock units to around 7 million, and bringing their value from aroun...

2 years ago 0 Comments
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MMO competitors and countrymen-in-arms Nexon and NCsoft are closer than ever today, as Nexon has acquired a minority interest in its fellow company. The move makes Nexon NCsoft's largest shareholder. Nexon announced that it had invested in NCsoft by snapping up 3,218,091 shares in a private tr...

2 years ago 0 Comments
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iOS ships with a few core apps such as a calculator and a weather app, which are there for your convenience. Yes, you might have found third-party replacements for them, but they're still nice to have when you are in a pinch. And if you spend some time with these apps like Lex Friedman of Macwo...

2 years ago 0 Comments
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THQ filed plans with the SEC Friday for a June 29 stockholders meeting, where the company will propose a reverse stock split to avoid delisting from NASDAQ. In the filing, the company describes the need for the stock split to maintain the $1 per share minimum that NASDAQ requires for listing. THQ o...

2 years ago 0 Comments
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Apple's Board of Directors approved a dividend equivalent payment to employees holding restricted stock units, but this won't apply to Tim Cook, says a report in MacRumors. These RSUs vest after a period of time and are usually given to employees to entice them to stay with the company for a le...

2 years ago 0 Comments
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Shares of Sony stock have dipped to their lowest number in 31 years in Japan and to a 19-year low in the US, following a dismal earnings report for the previous fiscal year. Sony shares dropped 7 percent in Japan, to 1,135 Yen ($14), and 2 percent in the US, closing at $15.37. Sony CEO Kaz Hirai pl...

2 years ago 0 Comments