Carl Icahn, one of Apple’s biggest activist investors, told CNBC he has exited his position in the company. He was known for basically trying to pressure Apple into bumping up its efforts to return value to investors. At the he declared his position, Apple was in the process of a $100 billion several-year capital return program that…
Sony just posted its earnings for the 2015 financial year.
The charges include six years of overstated profits uncovered by an independent panel.
The software giant easily surpassed estimates, even with $190 million in restructuring costs.
Profit-sapping competition is making Sprint’s turnaround tough.