April 28, 2016

Apple's loudest activist investor just dumped his stake

tim cook Carl Icahn, one of Apple's biggest activist investors, told CNBC he has exited his position in the company. He was known for basically trying to pressure Apple into bumping up its efforts to return value to investors. At the he declared his position, Apple was in the process of a $100 billion several-year capital return program that included buybacks and dividends, but that… Read More

Source: TechCrunch