Icahn's $2 billion stake amounts to half of 1% of Apple's outstanding shares.
FORTUNE --Reuters and Bloomberg made a big deal last week about the fact that Carl Icahn had increased his investment in Apple (AAPL)
from 3.8 million shares (worth $1.8 billion)
to 4.7 million shares (worth $2.4 billion).
Why this was considered news, given that Icahn disclosed it three weeks ago, was not clear from their reports.
Their reports also failed to put those MOREPhilip Elmer-DeWitt - Nov 17, 2013 8:29 AM ET
If you go by the published targets of one out of three analysts, Apple is overpriced.
FORTUNE --Some of the Apple (AAPL) analysts' 12-month price targets in the attached spreadsheet may be out of date. Many were set last spring, and if they've been updated since then, I didn't get the memo.
But several of these targets were just reiterated or reset earlier this week.
Scott Craig, for example, raised Merrill Lynch's target from $520 MOREPhilip Elmer-DeWitt - Oct 24, 2013 4:08 PM ET
Sends letter to Tim Cook urging him to boost his share repurchase plan to $150 billion
FORTUNE -- Tim Cook is getting the full Carl Icahn treatment.
A phone call (and some tweets about it) in August.
A meeting (also tweeted) in September.
And on Thursday, an 860-word letter, published on his new shareholder's roundtable website.
In the corporate raider's latest missive he reiterates in public the points he presumably made to Cook in private: MOREPhilip Elmer-DeWitt - Oct 24, 2013 10:36 AM ET
A dinner, a tweet, a pop in the market.
FORTUNE -- He's done it again.
In August, corporate raider Carl Icahn announced on Twitter that he believed Apple (AAPL) at $470 was "extremely undervalued." He said that he had taken a "large position" in the company, had talked to Tim Cook about accelerating the company's record $60-billion stock buyback program, and would be meeting with Cook to discuss it further.
On the strength MOREPhilip Elmer-DeWitt - Oct 1, 2013 10:44 AM ET
Tim Cook spent a record $16 billion last quarter. Carl Icahn wants him to spend more.
FORTUNE -- In April, Apple (AAPL) announced what is apparently the largest share repurchase program in the history of capitalism: $60 billion before the end of 2015.
By the end of June the company had already bought $16 billion worth of its own stock -- more than 25% of its eleven-quarter allocation in the space of MOREPhilip Elmer-DeWitt - Sep 26, 2013 4:44 PM ET
Carl Icahn's $34 billion tweet has Apple analysts scrambling (again) to raise their targets.
FORTUNE -- Two days after Carl Icahn tweeted that he had taken a "large position" in Apple (AAPL) -- driving the company's share price to as high as $504.25 and adding $33.5 billion to its market cap -- RBC Capital's Amit Daryanani raised his price target to $525 from $475.
That way he escaped being one of the dozen MOREPhilip Elmer-DeWitt - Aug 15, 2013 11:21 AM ET
Two tweets, 3 minutes, $9 per share.
FORTUNE -- If there were such a thing as a empty Over-the-Counter calories, this is what they would look like.
At 2:21 p.m. Tuesday someone using the Twitter account @Carl_C_Icahn -- presumably the corporate raider/hedge fund manager himself -- issued the first of a pair of tweets:
That was followed four minutes later by this:
Apple's (AAPL) shares, which had been trading at $475.77, did what stocks MOREPhilip Elmer-DeWitt - Aug 13, 2013 3:13 PM ET
Also: Carl Icahn nabs a 10% stake in Netflix; Path comes to the iPad.
How hurricane Sandy slapped the sarcasm out of Twitter [THE NEW YORK TIMES]
At my home in suburban New Jersey, a 30-foot limb dropped down at 4 p.m., so the illusion that this was an event happening to someone else quickly dissipated. And at 8 p.m., just when we hunkered down in front of the big screen, the MOREJP Mangalindan, Writer - Nov 1, 2012 8:01 AM ET
By Yi-Wyn Yen
Former Viacom CEO Frank Biondi and former Nextel CEO John Chappel will join Carl Icahn as the newest additions to Yahoo's board.
All eyes are on Icahn and his gang. The three amigos will need to start making changes to placate shareholders soon because if they don't, it's likely that nobody on the board will. The three were part of Icahn's original proxy slate that ran under a campaign MOREyiwyn - Aug 14, 2008 7:52 PM ET
By Yi-Wyn Yen
Oil billionaire T. Boone Pickens has decided he is not going to follow activist billionaire Carl Icahn to the ends of the earth.
Pickens told the San Francisco Chronicle that he has sold his 10 million shares of Yahoo (YHOO) for a loss because he doesn't believe a sale to Microsoft (MSFT) is happening.
Pickens bought the shares in the hopes that Icahn would succeed in getting Yahoo's board to MOREyiwyn - Jul 29, 2008 1:39 PM ET
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