Carl Icahn and Apple CEO Tim Cook have had another "good conversation," as they study a potential buyback, reports CNBC's Scott Wapner. Also, Transocean has raised its dividend after Icahn's push.
Corporate America has been announcing share buybacks at a near record pace, supporting richer stock prices for companies with low earnings growth.
Rosabeth Kanter, Harvard Business School, and Jeffrey Sonnenfeld, Yale School of Management, discuss whether talk of Carl Icahn's activism is relevant to the future of the tech giant. "Cook is doing an exemplary job," adds Kanter, sharing her thoughts on Apple's CEO.
Bob Dudley, CEO of BP, talks about the dividend rise and share buyback program and the group's venture in Russia.
If Apple doesn't do a buyback, Carl Icahn, Icahn Enterprises chairman, says he will test the waters on a "proxy fight." He thinks the stock is very "undervalued," and intends to up his stake in the company, which currently stands at $2.5 billion. CEO Tim Cook is doing "great job," he says, but it is derelict to not do a buyback. The activist investor also weighs in on Netflix and Herbalife.
CNBC's Scott Wapner reports that Carl Icahn has sent a letter to Apple CEO Tim Cook in which he continues to press his case for a big stock buyback and offers to make some kind of "pledge" to the company.
Men's Wearhouse has rejected an acquisition bid from its smaller rival, saying the offer significantly undervalues the company, reports CNBC's Courtney Reagan.
Billionaire Carl Icahn wants Apple stock to go up and thinks a massive buyout could achieve that, but the tech giant may not like that idea, reports CNBC's Jon Fortt.
Jeffrey Sonnenfeld, Yale School of Management, and Steve Cook, Revolution chairman & CEO discuss the role of top-tier management when dealing with high-powered activist investors, as reports surface of a lunch date between Apple CEO Tim Cook and billionaire investor Carl Icahn.
CNBC's Seema Mody breaks down Microsoft's announcement it will issue a 22 percent dividend increase and buy back of $40 billion worth in shares. CNBC's Kate Kelly spoke with the head of ValueAct, Jeff Ubban, who is the newest Microsoft board member. Larry Dishelson, Dynalink, and Jason Rotman, Lido Isle Advisors, weigh in.
Herbalife jumped 3 percent on comments of a possible buyback. Timothy Ramey, D.A Davidson & Company, who made the call, and CNBC's Herb Greenberg debate the big stock buyback.
Microsoft announces a huge stock buyback, saying it will repurchase $40 billion worth of shares. Yun Kim, Janney Montgomery, weighs in.
The tech giant is set to buyback $40 billion in stock and pump up its dividend, reports CNBC's Jon Fortt with all the latest details.
Shares of the tech giant rise after the company announces a $40 billion buyback and more than twenty percent increase in its dividend. Kim Forrest, Fort Pitt Capital Group, and Norman Young, Morningstar, share their thoughts. And CNBC's Dominic Chu takes a look at other companies that could follow in Microsoft's footsteps.
Microsoft's new dividend hike is probably unnecessary because the company has better strategic options, CNBC's Jim Cramer said.
Disney is planning a big stock repurchase, with CNBC's Bob Pisani and Julia Boorstin. Richard Greenfield, BTIG analyst, discusses the company's confidence.
On the heels of Dan Loeb targeting Sony, and Bill Ackman's soap opera with JC Penney; Carl Icahn has tweeted that he has a large position in Apple and believes the company is undervalued. Gregory Taxin, Clinton Group, discusses recent activist issues.
Carl Icahn is reporting a large position in Apple, and the company says Tim Cook had a very positive conversation with Mr. Icahn today.
Carl Icahn is reporting a large position in Apple, and says he "discussed his opinion that a larger buyback should be done now." Colin Gillis, BGC Financial, discusses.
Shares of the insurance company are surging after the company reinstates its quarterly dividend and announces a buyback, reports CNBC's Mary Thompson with all the details.