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Trip Chowdhry: Investors Have 'Zero Confidence' In Apple's Management And Board
Tuesday, September 15, 2015 - 2:55pm | 358Shares of Apple Inc. (NASDAQ: AAPL) have fallen from the all-time highs of $134.54 to around $115, resulting in a loss of $110 billion in shareholder value. Trip Chowdhry of Global Equities Research argued that investors have "zero confidence" in Apple's management and board of directors. Chowdhry...
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Market Wrap For February 10: Markets Cautious Ahead Of Yellen Testimony
Monday, February 10, 2014 - 5:47pm | 3302U.S. stocks traded mixed today as investors are anxiously waiting for Tuesday's testimony from Janet Yellen. Yellen will make her first appearance before the U.S. House of Representatives with a Senate session scheduled for Thursday. Elliot Spar, market strategist at Stifel told CNBC that "...
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Market Wrap For February 7: Jobs Report Not Great, But Not Too Bad
Friday, February 7, 2014 - 5:36pm | 3052U.S. stocks rallied for the second straight day, ending a tumultuous week on a positive note as investors found more positives than negatives in today's job reports. "It was bad, but not that bad," an investment officer at Wells Fargo told CNBC. "We've made some progress here, we still think we...
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Carl Icahn Buys $500 Million of Apple Shares
Wednesday, January 22, 2014 - 4:09pm | 395Carl Icahn is backing up the truck and loading up on shares of Apple (NASDAQ: AAPL). The legendary investor has added about $500 million worth of Apple shares, bringing his total position to over $3 billion. Having purchased $500 million more $AAPL shares in the last two weeks, our...
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Market Wrap For November 4: Economy Is Steady, Tapering Could Be Around The Corner
Wednesday, December 4, 2013 - 6:16pm | 2104Stock futures declined before the equity markets opened after the ADP employment report showed a higher than expected 215,000 jobs were added during the month of November. Investors and traders were spooked by the report that solidifies the Fed's case to begin tapering. Traders and investors...