proposal 2

proposal 2

Judge blocks Apple's proxy vote over preferred stock

arstechnica.com
Greenlight Capital fund manager David Einhorn has won an injunction that will block an upcoming vote on one of Apple's shareholder proposals, meaning the vote is unlikely to take place as scheduled on February 27. US District Richard Sullivan ruled on Friday that Apple's proposal "impermissibly bundles 'separate matters'...
Judge blocks Apple's proxy vote over preferred stock
Apple responds to Greenpoint Capital lawsuit seeking larger stock dividend
Greenlight Capital talking to investors today, says every Apple shareholder should get preferred shares 'for free'

Apple says it is 'disappointed' in court ruling, Greenlight calls its win 'significant' for shareholders

9to5mac.com
Following Greenlight’s win in court earlier today against Apple, both Greenlight and Apple have issued statements on the matter. CNBC (1, 2, 3) has tweeted bits of these statements: -Apple says disappointed with court ruling; proposal #2 part of our efforts to further enhance corporate governance. -Apple says due to today’s...
Apple says it is 'disappointed' in court ruling, Greenlight calls its win 'significant' for shareholders
Basically, David Einhorn Set Up A Huge Showdown With Apple's Management (AAPL)

Apple indicates in public statement that it may accelerate cash returns to its investors

thenextweb.com
Today Apple released a statement regarding its cash position. Apple, with more than $100 billion in the bank, is one of the richest companies in history. The firm, exceptionally profitable, has continued to grow its cash surplus, despite new methods of distributing cash to investors through a dividend. Apple today...
Apple indicates in public statement that it may accelerate cash returns to its investors

David Einhorn's Greenlight Capital Is Urging Investors To Vote 'NO' On An Apple Proposal To Eliminate Preferred Stock

www.businessinsider.com
Hedge funder and Apple investor David Einhorn is out with an interesting press releas urging investors to vote 'NO' on a proposal from Apple to eliminate the company's ability to issue preferred stock. ---------------------------- GREENLIGHT CAPITAL URGES APPLE SHAREHOLDERS TO OPPOSE COMPANY'S PROPOSAL THAT WOULD IMPEDE APPLE'S ABILITY TO UNLOCK...
David Einhorn's Greenlight Capital Is Urging Investors To Vote 'NO' On An Apple Proposal To Eliminate Preferred Stock

U.S. Treasury Department's mobile app contest brings on judges from Facebook, Google

thenextweb.com
MyMoneyAppUp, a mobile app idea contest launched by the U.S. Treasury Department back in June, has just announced it’s judges, featuring professionals from Google, Facebook and Harvard. The contest calls for ideas and designs of apps that could “help Americans control and shape their financial futures.” More specifically, here’s the...
U.S. Treasury Department's mobile app contest brings on judges from Facebook, Google

Apple: We're talking about how to distribute more of $137B in cash to shareholders

gigaom.com
Even after Apple began issuing a dividend to its stock holders last year, some investors still aren’t happy with the continued accumulation of Apple’s cash pile. In response to one vocal investor on Thursday, Apple issued a statement saying that it is still looking for ways to distribute some of...
Apple: We're talking about how to distribute more of $137B in cash to shareholders
Apple CEO Tim Cook calls Geenlight Capital suit a 'silly sideshow'

Activist investor David Einhorn drops 'iPrefs' lawsuit against Apple

www.guardian.co.uk
CEO Tim Cook had called attempt to force tech giant to redistribute $137bn cash reserves 'a silly sideshow'The activist investor David Einhorn has dropped a lawsuit against Apple that the company's CEO repeatedly called "a silly sideshow". Einhorn, however, had already won his point and is likely to continue to put...
Activist investor David Einhorn drops 'iPrefs' lawsuit against Apple
Apple cash pile fight ends with a win for Greenlight Capital, judge rules
Apple responds to Greenlight Capital's proposal regarding Apple's cash balance and stock

Apple: We're in "active discussions" on returning more cash to shareholders

arstechnica.com
Apple has issued a response to a lawsuit by Greenlight Capital fund manager David Einhorn accusing the company of being too stingy with investors. In a statement posted to its website on Thursday afternoon, Apple reiterated its (relatively new) strategy for paying out dividends and returning cash to shareholders....
Apple: We're in "active discussions" on returning more cash to shareholders

Greenlight's Einhorn drops suit against Apple over preferred stock plans

thenextweb.com
Greenlight Capital’s David Einhorn has dropped his suit against Apple which was filed to prevent it from eliminating preferred shares, reports Bloomberg. This follows the removal of the related proxy proposal that would have been voted on in this week’s shareholders meeting. Einhorn, who holds over a million Apple shares,...
Greenlight's Einhorn drops suit against Apple over preferred stock plans

Apple makes public response to Greenlight lawsuit claims

www.electronista.com
Apple has released a public statement in response to a new lawsuit by Greenlight Capital. "Contrary to Greenlight's statements, the adoption of Proposal #2 would not prevent the issuance of preferred stock," Apple writes. "Currently, Apple's articles of incorporation provide for the issuance of 'blank check' preferred stock by the...
Apple makes public response to Greenlight lawsuit claims

Judge grants Greenlight's motion to red light Apple shareholder vote

9to5mac.com
Judge blocks Apple from allowing shareholder vote at annual meeting concerning bundled preferred stock proposal. #BREAKING $AAPL— Reuters Top News (@Reuters) February 22, 2013 According to a report from Reuters, following a request from Greenlight Capital, a judge has blocked Apple from going through with a shareholder proposal that would...
Judge grants Greenlight's motion to red light Apple shareholder vote

David Einhorn wins battle to make Apple change shareholder vote options

www.guardian.co.uk
Judge approves injunction barring tech giant from putting four votes on one ballot but 'iPref' share fight goes onDavid Einhorn has one legal win under his belt in his battle with technology giant Apple. Einhorn, the CEO of hedge fund Greenlight Capital, has been battling Apple on two fronts. The...
David Einhorn wins battle to make Apple change shareholder vote options

HERE IT IS: David Einhorn's Massive Presentation On How Apple Should Hook Up Its Shareholders

www.businessinsider.com
Hedge fund manager David Einhorn, the CEO of $8 billion Greenlight Capital, wrapped up an hour-long conference call about Apple. Einhorn, whose fund owned ~1.5 million Apple shares at the end of the fourth quarter, has been taking aim at the tech giant's massive cash hoard.   Einhorn has been urging...
HERE IT IS: David Einhorn's Massive Presentation On How Apple Should Hook Up Its Shareholders

Apple Pulls Controversial Proxy Proposal After Court Ruling

allthingsd.com
Apple has withdrawn from its proxy statement a controversial proposal it had intended to place before shareholders that had drawn the ire, and a lawsuit, from hedge fund manager David Einhorn of Greenlight Capital. Apple just moments ago issued a statement essentially saying it will comply with the ruling of...
Apple Pulls Controversial Proxy Proposal After Court Ruling
Apple responds to Greenlight Capital lawsuit seeking larger stock dividend

LIVE: David Einhorn Is Hosting A Call To Talk About Apple

www.businessinsider.com
Closely-followed hedge fund manager David Einhorn, the CEO of Greenlight Capital who is taking aim at Apple over its massive $137 billion cash hoard, is hosting a conference call this afternoon with other investors.  Greenlight has been urging Apple investors to vote "No" on Apple's Proposal 2 in its proxy later this...
LIVE: David Einhorn Is Hosting A Call To Talk About Apple

Prominent investor thinks Apple's cash hoarding is like Depression-era grandmothers but is it more about competition from Braeburn subsidiary?

9to5mac.com
This embed is invalid Cash-hoarding Apple needs to distribute more to shareholders, instead of stuffing away the cash like a Depression-era grandmother who saves for a rainy day, according to fund manager David Einhorn during a CNBC interview on Thursday. Greenlight Capital’s founder, Einhorn, who is also a prominent investor...
Prominent investor thinks Apple's cash hoarding is like Depression-era grandmothers but is it more about competition from Braeburn subsidiary?
Apple rushes to calm investors after Greenlight Capital lawsuit

Judge Blocks Vote on Proposal 2 at Next Week's Apple Shareholder Meeting

www.macrumors.com
A judge has decided to block a vote on Question 2 at Apple's annual shareholder's meeting next week, according to a report from Reuters. Hedge fund Greenlight Capital, a major shareholder of Apple stock, filed a lawsuit earlier this month asking that Apple be prevented from bundling a number of...
Judge Blocks Vote on Proposal 2 at Next Week's Apple Shareholder Meeting
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