Activist investor Carl Icahn is taking his second swing at Apple Inc. (Nasdaq: AAPL)
What follows is the entire, unedited text of the Oct. 9 Carl Icahn letter to Apple CEO Tim Cook, in which Icahn makes the case that Apple is undervalued and therefore ripe for another big round of stock buybacks.
In the process, Icahn goes into excruciating detail…
Activist investor Carl Icahn is taking his second swing at Apple Inc. (Nasdaq: AAPL)
What follows is the entire, unedited text of the Oct. 9 Carl Icahn letter to Apple CEO Tim Cook, in which Icahn makes the case that Apple is undervalued and therefore ripe for another big round of stock buybacks.
In the process, Icahn goes into excruciating detail…
by Jim Bach
Alcoa Inc. (NYSE: AA) earnings solidly beat analyst expectations to kick off the season, but don't get too excited.
Often regarded as a bellwether and tone setter for earnings season, AA's positive financial results are not going to permeate throughout the basic materials sector, which is likely to see trouble this quarter at the hands of falling commodity prices.
But AA has a luxury that many of these producers don’t have, making it the exception, not the rule.
by Tara Clarke
So far in 2014, we've seen Facebook stock (Nasdaq: FB) continue its dramatic share price rebound, up more than 40% this year alone. But have you ever wondered, "How does Facebook make money?"
Dow Jones today, October 9, 2014:The Dow Jones Industrial Average soared 274 points Wednesday following the Federal Open Market Committee's release of its September meeting minutes. According to the minutes, many Fed officials took a dovish approach in conversation and are seeking a new way to convince others that they are not prepared to raise interest rates according to the previous timeline.
Yesterday marked the unofficial start to the September-quarter earnings season, when global aluminum giant Alcoa Inc. (NYSE: AA) announced it beat quarterly result estimates.
Here’s what else you should know to make your Thursday profitable:
Tesla Motors Inc. (Nasdaq: TSLA) stock opened down 5% this morning (Friday), a day after Chief Executive Officer Elon Musk unveiled new features to the Tesla Model S sedan at an event in Hawthorne, California. The new features are marketed as "D" which stands for "dual-motor." According to Musk, the new features make the vehicle […]
I have long said that the Fed has never met a printing press it didn't like nor a dove that it didn't want to set free in the name of higher stock prices. And, yesterday, yet again, Yellen proved it.
Within minutes of releasing its latest set of notes hinting that the Fed will keep rates near zero, the S&P 500 took off on a 34-point gain that is the biggest so far this year. Moving first 45 points from its low of 1,925 to its peak of 1,970 in less than five hours (it later settled slightly lower), the index shrugged off the prior day's losses amidst global growth concerns and weaker European economic data.
This is manipulation of the highest order. It's also proof positive we NEED a correction. Now, more than ever.
by David Zeiler
On Sunday the Bitcoin price hit a 2014 low of just under $291 on the CoinDesk Bitcoin Price Index, but as of this afternoon (Wednesday) it had bounced back above $340.
It's just another week in the volatile life of Bitcoin.
But despite all the digital currency's wild ups and downs, the trends that matter have stayed on a remarkably consistent path, utterly unfazed by the gyrations in the Bitcoin price.
Just look at what’s been going on…
The Dow Jones Industrial Average soared 274 points Wednesday following the Federal Open Market Committee's release of its September meeting minutes. The release marked the last of the Quantitative Easing 3 era.
According to the minutes, many Fed officials are seeking a new way to convince others that they are not prepared to raise interest rates according to the previous timeline.
Here are the top stories from today’s trading…
Something is now afoot in the Pacific Northwest that is going to change how we think about pricing oil – and this new wrinkle is going to provide a range of fantastic opportunities for investors.
It revolves around the prospect of U.S. oil exports and the changes that will be needed to make it all happen.
Here's what you need to know to profit from the coming surge in U.S. oil exports...
