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“Soros Fund Management LLC added Facebook Inc, Apple Inc and Twitter Inc, but trimmed stakes in Alphabet Inc and Amazon.com Inc in the quarter through June, according to a regulatory filing on Tuesday,” Jennifer Ablan and Trevor Hunnicutt report for Reuters. “The family office of billionaire George Soros also bought stakes in AT&T Inc, Chevron…
“I’ve been tracking the 13fs filed by the 20 largest Apple funds for the past four quarters and have discovered something interesting,” Philip Elmer-DeWitt writes for Apple 3.0. “While the press was focused on the big bets on Apple by Warren Buffett’s Berkshire Hathaway, the action by a much bigger fund has gone largely unnoticed,”…
“BlackRock Inc will scrutinize how companies plan to use the cash they bring back to the United States as part of a tax holiday backed by U.S. President Donald Trump, CEO Larry Fink said in a letter distributed on Tuesday,” Trevor Hunnicutt reports for Reuters. “Companies such as Apple Inc, Pfizer Inc, Microsoft Corp hold…
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“Apple shares have been pummeled lately amid reports of slowing iPhone sales, but the world’s largest asset manager BlackRock showed confidence in the consumer electronics giant by adding shares to its portfolio,” James Detar reports for Investor’s Business Daily. “BlackRock said in a filing Monday that it owned 315.4 million shares of Apple, or 5.7%…
Read More “BlackRock loads up on Apple shares ahead of earnings” »
Apple today announced that Susan L. Wagner, founding partner and director of BlackRock, has been elected to Apple’s board of directors. Bill Campbell, the board’s longest-serving member, is retiring after 17 years of service. Wagner co-founded BlackRock in 1988 and helped it become one of the world’s most successful asset-management companies, holding a range of…
Read More “BlackRock founder Sue Wagner joins Apple’s board of directors” »
“After 17 years, Bill Campbell steps down from Apple’s board,” Adam Lashinsky writes for Fortune. “The one-time Apple executive, who will be replaced by BlackRock co-founder Sue Wagner, reflects on his long association with the company and its co-founder, Steve Jobs.” “Bill Campbell recalls Steve Jobs’ invitation to join Apple’s board of directors as the…
Apple today announced that Susan L. Wagner, founding partner and director of BlackRock, has been elected to Apple’s board of directors. Bill Campbell, the board’s longest-serving member, is retiring after 17 years of service. Wagner co-founded BlackRock in 1988 and helped it become one of the world’s most successful asset-management companies, holding a range of…
