| Sep 11, 2013
| 4:23 PM
SAN FRANCISCO — Investors punished Apple's stock Wednesday, driving it down more than 5% after the technology giant disappointed Wall Street by failing to announce a cheaper iPhone and a deal with China's largest wireless carrier.
Both bits of...
| Sep 17, 2013
| 9:28 AM
Herbalife Ltd. shares reached a 52-week high Tuesday morning on speculation that the company may begin an aggressive share repurchase.
The Los Angeles nutritional products company has been one of the biggest names on Wall Street since December, when...
| Sep 13, 2013
| 12:21 PM
MGM Holdings Inc., the parent of Metro-Goldwyn-Mayer Inc., has authorized a $75-million stock repurchase plan and announced a dividend designed to protect the company from a hostile takeover.
Privately held MGM said the move was not being adopted in...
| Sep 26, 2013
| 8:03 AM
Apple chief executive Tim Cook is scheduled to meet with shareholder activist Carl Icahn on Monday in New York City, according to a report.
On Thursday, CNBC reporter David Faber said he had confirmed the meeting will take place. Last month, Icahn...
| Oct 1, 2013
| 10:59 AM
Shareholder activist Carl Icahn broke bread with Apple Chief Executive Tim Cook on Monday to make his case that the company's record stock buyback program was still not enough.
Icahn revealed in August that he had purchased about $1 billion worth of...
| Jul 17, 2013
| 5:50 PM
Billionaire investor Carl Icahn said he’s had a change of heart about hedge fund manager Bill Ackman, with whom he’s engaged in a widely publicized rift about the merits of Los Angeles nutritional products company Herbalife Ltd.
| Aug 14, 2013
| 10:08 AM
Fined just over a year ago for marketing itself as a way for employers to dig up dirt on potential hires, the people-search service Spokeo is refreshing its website Wednesday to emphasize finding long-lost friends, classmates, lovers and family members....
| Aug 14, 2013
| 9:31 AM
SAN FRANCISCO — Activist investor Carl Icahn said he has amassed a sizable stake in Apple Inc. and prodded the tech giant to increase its stock buyback program, cheering investors but creating a headache for one of the industry's most admired...
| Aug 22, 2013
| 1:15 PM
Investor Carl Icahn revealed plans to have dinner with Apple Chief Executive Tim Cook to discuss the "magnitude" of the company's stock buyback.
Icahn disclosed the planned meeting in a post Thursday on Twitter. "Spoke to Tim," Icahn tweeted. "Planning...
| Aug 22, 2013
| 6:29 PM
NEW YORK — The Nasdaq Stock Market suffered a distressing three-hour outage that halted trading in some of the nation's leading companies, the latest in a series of embarrassing glitches that have exposed technological weaknesses across Wall Street....
| Apr 29, 2013
| 1:44 PM
Los Angeles nutritional products company Herbalife Ltd. reported $1.1 billion in first-quarter sales and profit that soundly beat analysts' expectations and its own guidance.
The company reported earnings of $118.8 million, or $1.10 a share, up from...