Egged on by the famous investor Carl Icahn, Apple Inc. (AAPL) has been buying back its own shares vigorously – which, according to a statement earlier today from Egan-Jones Ratings Co., is a mistake. The independent ratings and analysis firm, established in 1995, urged … [Read more...]
Carl Icahn Puts His Money Where His Mouth Is and Buys an Additional $500 Million Apple Inc. (AAPL) Shares Despite Disappointing Earnings Report
Putting his money where his mouth is to the tune of $1 billion during the final week of January 2014, Carl Icahn bought $500 million of Apple Inc. (NASDAQ: AAPL) shares today despite December's unfavorable earnings report. At a moment when the technology giant's unstoppable image … [Read more...]
