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Hedge Fund Sues Apple over Cash
Apple Inc. is discussing plans to return more of its cash to shareholders. The statement was prompted after hedge fund manager David Einhorn launched a PR offensive to lobby for cash dispersal and sued the company for wanting to eliminate preferred stocks.
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Apple to Issue Dividend
Apple Inc. said on Monday via conference call that the company would use part of its enormous cash stockpile to pay regular quarterly dividends and institute a stock purchase program.
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Hedge Fund Sues Apple over Cash
Apple Inc. is discussing plans to return more of its cash to shareholders. The statement was prompted after hedge fund manager David Einhorn launched a PR offensive to lobby for cash dispersal and sued the company for wanting to eliminate preferred stocks.
|
Apple to Issue Dividend
Apple Inc. said on Monday via conference call that the company would use part of its enormous cash stockpile to pay regular quarterly dividends and institute a stock purchase program.
|