-
Did You Know Apple Invested $148 Billion In Foreign Corporate Debt?
Friday, May 5, 2017 - 2:22pm | 375Apple Inc. (NASDAQ: AAPL) massive $250-billion plus cash hoard held overseas isn't all cash sitting in a bank account. In fact, Apple owns $148 billion worth of corporate debt — enough to make it the world's largest fixed-income mutual fund. According to a Bloomberg's Claire Boston, it is...
-
120 Billion Reasons Why AT&T May Need To Take Another Look At Time Warner
Friday, October 21, 2016 - 9:51am | 544Chatter of a merger between AT&T Inc. (NYSE: T) and Time Warner Inc (NYSE: TWX) helped boost Time Warner's stock to a new 52-week high of $86.75 on Thursday. However, a Bloomberg report suggested that Time Warner's investors should be hopeful of a deal, and there are 120 billion reasons why....