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Apple (AAPL) Stock Closes At 601, Boosted By Dividend, Shares Buyback Announcement

Apple (AAPL) Shares Soar to 601 Following Dividend, Stock Buyback Announcement
Apple (AAPL) shares soared on Monday, breaching the 600 mark a few times before finally settling on 601, after the Cupertino, Calif.-based tech company decided to share some of its $100 billion in cash with its investors. Apple announced it would reward shareholders by launching a quarterly dividend and a stock buyback program that will pay out about $45 billion over three years, set to go into effect later this year.
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Oracle

Oracle 3Q Results: Is Another Miss In Store?

Oracle (Nasdaq: ORCL), the No. 3 software developer and No. 1 in databases, is scheduled to report third-quarter results Tuesday. Last quarter, it missed estimates and the shares plunged 15 percent, shaving as much as $5.3 billion from the net worth of CEO Larry Ellison.
Apple Announces Dividend Scheme

Apple Announces Dividend, Share Buyback Plans

As the world's largest company with a market cap of more than half a billion dollars, Apple Inc. [AAPL] is sitting on a large pile of cash upwards of $100 billion and decided Monday to institute a $2.65 a share quarterly dividend and buy back $10 billion in stock, the tech behemoth announced today.
George Buck

Chevron, Transocean Execs Held In Brazil Over Oil Spill

Chevron, before a recent leak off Brazil, was blamed for spilling about 3,000 barrels of oil last November. The detention of the foreign executives raises questions about Brazil's willingness to pursue offshore drilling.
IBTimes Logo

New iPad 3 iFixit Teardown: Are You Getting Your Money's Worth?

The Land of Oz – Australia – is the first country where the new iPad got released on Friday morning. Luke Soules, the founder of California-based gadget repair firm – iFixit – made his way to Australia and picked up an iPad from a local store in Melbourne city. Here is what the iFixit guy revealed in the ultimate iPad postmortem.

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