Tags: Apple
Icahn Takes Passive Position with Nuance Stake
Carl Icahn, a man known for change in acquired companies, has taken a back seat in his latest shareholdings purchase, Nuance Communications.
Danoff's Fidelity Contrafund Cuts Apple Shareholdings
Fidelity Contrafund is slowly selling off its Apple shareholdings due to price decline. Fidelity Contrafund, the US$92 billion fund built by portfolio manager Will Danoff, has undertaken a process of cutting the fund's shareholdings in Apple.
Apple Acquires WiFiSlam
Technology giant Apple has recently purchased WiFiSlam for its mapping purposes. Apple is seeking to improve its mapping applications for its smart phones by purchasing Silicon Valley start up WiFiSlam.
Einhorn Drops Apple Lawsuit
Greenlight ends legal battle with Apple over shareholder vote. In a surprising move, Greenlight Capital has withdrawn its suit against Apple Inc. Greenlight's maverick head David Einhorn sought court intervention to stop the most valuable company in the world's shareholders from voting on a management proposal to prevent the company's ability to issue preferred shares at its discretion.