Fred Anderson News
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Apple Inc. paid higher interest rates on a record $17 billion bond sale than Microsoft Corp. did a week ago as the iPhone maker’s slowing growth overshadowed annual cash flow that’s more than twice the amount of the issue.
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Goldman Sachs Group Inc., which has been advising Apple Inc. on how to deal with its multibillion- dollar cash pile, and Deutsche Bank AG, Germany’s biggest lender, are in the lead to help the iPhone maker sell bonds for the first time in 17 years.
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The father of a man killed in the 2010 Deepwater Horizon drilling rig explosion has asked a U.S. judge to reject BP Plc’s $4 billion criminal plea deal as insufficient.
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If you want a brilliant lesson in focus and discipline, watch Tim Cook right now. Some investors are dissatisfied with Apple. I think it's more a case of their being dissatisfied with their own lives and expecting that Apple's next product will fix everything. The constant refrain is that Apple has not introduced a disruptive product since Steve Jobs passed away. It's as if they want Apple to...
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Apple Inc. approached Blackstone Group LP Chief Financial Officer Laurence Tosi to become its finance chief, three people with knowledge of the matter said.
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Steve Jobs, departing as Apple Inc.’s chief executive officer after a more than 9,000-percent share gain since 1997, leaves the company he co-founded in the hands of deputies to prove they can keep building best-selling products that change how people compute and communicate.
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Apple Inc.’s approach to Blackstone Group LP Chief Financial Officer Laurence Tosi about becoming finance chief may be a sign Steve Jobs is ready to pick up the dealmaking pace.
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Steve Jobs, departing as Apple Inc.’s chief executive officer after a more than 9,000-percent share gain since 1997, leaves the company he co-founded in the hands of deputies to prove they can keep building best-selling products that change how people compute and communicate.
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Hewlett-Packard Co. agreed to buy Palm Inc., the money-losing handset maker that was once a Silicon Valley icon, for $1.2 billion to challenge Apple Inc. in the smartphone market.
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At a meeting with Apple Inc. finance chief Peter Oppenheimer this year, investor Kishore Rao asked the company to tap its billions in cash to pay a dividend.
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