Carl Icahn says Apple share price could double as tech giant rebuffs demand for buyback October 9, 2014 Activist investor claims the iPhone-maker will soon be worth $1.2 trillion Billionaire investor Carl Icahn urged Apple’s board yesterday to use its $133bn (£82.5bn) cash mountain to buy back more shares, claiming the tech giant’s stock could soon double in value. “We believe Apple is dramatically undervalued in today’s market, and the more shares [...]
Dow plummets over 330 points on global fears – New York Report October 9, 2014 THE DOW Jones industrial average yesterday plunged 334 points as falling energy stocks and worries about the global economy sent investors fleeing from the market. The blue-chip index rose 275 points the day before. By the end of the day, the Dow had lost 334.97 points, or two per cent, to 16,659.25. The Standard & [...]
Negotiations at work: Avoid the common errors October 9, 2014 Don’t get caught out by “fixed pie” thinking, and always stay calm. Contrary to the dozens of high-octane confrontation bibles lining the “business” shelves of most bookshops – with titles like Negotiate your Way to Riches, and Negotiating Agreement Without Giving In – life isn’t one long stream of standoffs leading up to a [...]
Amazon could be opening physical store in New York in time for Christmas October 9, 2014 Amazon is entering a brave new world. In an unusual move for an online company, the retail powerhouse is reportedly setting up a shop. That’s right – a real, physical store that sits on the street and has its doors open to the public. It’ll never catch on. The Wall Street [...]
iPad Air 2: UK price, release date, spec and rumours about Apple’s 16 October launch event October 9, 2014 Apple may only just have released the iPhone 6 into the wild but already Tim Cook is moving on to the next thing with a launch event next week. It's all top secret of course. An invite has been sent out to the press for 16 October teasing "It's been way too long" and revealing [...]
Carl Icahn tells Tim Cook: Apple share price dramatically undervalued October 9, 2014 Infamous activist investor Carl Icahn has published in full a letter to Apple urging Chief Tim Cook and board executives to buyback shares. Icahn tweeted yesterday about the letter to Cook hinting "Believe it will be interesting." In the letter, Icahn said Apple was "dramatically undervalued in today's market" and that "the more shares repurchased [...]
Apple share price rises after Carl Icahn tweets about letter to Tim Cook October 8, 2014 Billionaire investor Carl Icahn boosted Apple’s share price again yesterday after publishing a cryptic tweet signalling further agitation towards the US tech giant Icahn, who boosted the value of Apple’s market cap by $17bn in August 2013 after tweeting about his holding in the company, said he would publish more details in a letter [...]
Wall St soars as Fed dampens fears over hike – New York Report October 8, 2014 US STOCKS soared yesterday, with major indexes posting their biggest one-day jumps of 2014 after the Federal Reserve reassured investors that its first interest rate hike would not come until it deemed the economy could withstand it. The Fed’s less aggressive posture lit a fire under US stocks, which had struggled in recent days, and [...]
God Only Knows Vs Perfect Day: With One Direction, Pharrell and Chris Martin on board, which BBC Children in Need song has more star power? October 8, 2014 Throw together an all star cast of singers and musicians, from the newly famous to musical legends, sprinkle in a boyband and a rock star or two, and you have the latest song created by the BBC to raise money for Children in Need. The new version of the Beach Boys song, God Only Knows, [...]
Sainsburys, Asda, House of Fraser, Shop Direct and 15 more businesses will let customers pay via mobile with Zapp October 8, 2014 Sainsbury’s, Asda and House of Fraser are just some of the country’s biggest shops that will soon let customers pay for items using just a mobile phone via Zapp. The mobile technology, already supported in the apps of UK banks such as HSBC, Nationwide and Santander, will be supported by more than 15 high street [...]