Apple

It certainly isn’t Carl Icahn. But Noster Capital’s Pedro de Noronha thinks Uncle Carl is in danger of losing a great deal of money some time before his 82nd birthday. Read more »

Millennials just can’t wait to entrust their financial futures to companies that don’t actually manage money—yet. Read more »

Carl Icahn was hardened on the school playgrounds of Queens in the 1940s. He knows how to play the game. So what if everyone hates his non-binding Apple buyback proposal, which had absolutely zero chance of succeeding? He doesn’t need it anymore; Apple has already given him an early birthday present. Read more »


Apple’s decision to remove a program used to send and receive Bitcoins from its App Store prompted Barry Silbert to end a love affair with his iPhone. “I’m switching,” Silbert, chief executive officer of New York-based SecondMarket Inc., said in an e-mail after Apple this week removed his Bitcoin application of choice, Blockchain.info. “Shopping for a new phone this weekend.” From Wall Street to Silicon Valley, technology enthusiasts who used to see the Cupertino, California-based company as a kindred spirit are voicing their frustration over its policies. Apple requires apps to be legal everywhere they’re offered, and some governments including China and India have questioned Bitcoin’s legal status. [Bloomberg]

  • 13 Dec 2013 at 5:26 PM

CalPERS Not Interested In Carl Icahn’s Dinner Plans

The giant pension fund’s corporate governance honcho, Anne Simpson doesn’t like Carl Icahn’s jerk-off plans. She doesn’t like his jerk-off Twitter account. And she doesn’t like him, jerk off. Uncle Carl had better keep his goldbrickin’ ass out of her beach community state. Read more »

Remember David Miller? Rochdale Securites trader who masterminded a scam that involved the “unauthorized purchase of about $1 billion in Apple stock,” which he claimed was for a client (a lie)? Forget to dot a few essential i’s and cross a few crucial t’s in the scheme, which contributed to its failure and left the firm in a “negative capital position”? Robbed the universe of Dick Bové research for a time? Which thankfully turned out to be a very short amount of time, i.e. the period between Bové’s resignation from Rochdale and the announcing of the winner of the Dick Bové Sweepstakes? Yeah, he’s going to jail. Read more »

  • 11 Nov 2013 at 2:05 PM

Carl Icahn And Tim Cook Had Another Chat: Carl Icahn

Carl Icahn told CNBC he had a “good conversation” with Apple CEO Tim Cook, and both believe that the company’s stock remains undervalued. Apple’s Cook told Icahn that he’s still studying Icahn’s proposal to buy back $150 billion worth of the company’s stock…Shortly after publishing the letter, Icahn told CNBC that he had no intention of giving up on a large buyback and said he may consider a proxy battle to return more value to shareholders. “If they don’t do it, we’ll test the waters and see if the shareholders want us to do it and if we could win,” Icahn told CNBC. “We’ve said we’re not going away. I’ve said that to (CEO) Tim (Cook) and I’ll say it again.” [CNBC, earlier]