Questioning Apple's Cash Policy
(This piece was originally sent to subscribers of Action Alerts PLUS this morning at 10:36. Sign up for a free trial of AAP here.)
This morning, David Einhorn of Greenlight Capital announced that he would oppose a proposal made by Apple (AAPL) to eliminate the ability to offer a preferred stock from its charter. Einhorn said that such a move would take away the flexibility and the option of providing cash to shareholders....170 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
There’s no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. We then added legendary hedge fund manager, Doug Kass, with his exclusive Daily Diary and best investing ideas. Staffed with more than 4 dozen investing pros, money managers, journalists and analysts, Real Money Pro gives you a flood of opinions, analysis and actionable trading advice found nowhere else, and allows you to interact directly with each expert.
Already a Subscriber? Please login.
