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Does Warren Buffett See Something In IBM That Others Don't? Bernstein Analyst Illuminates
Thursday, February 26, 2015 - 2:46pm | 481The last year has been great for tech companies when it comes to stock performance. With the NASDAQ returning over 16 percent, several tech companies have seen shares skyrocket. However, International Business Machines Corp. (NYSE: IBM) is an exception. The stock is down more than 10 percent...
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Sanford C. Bernstein Analyst Doesn't Share Icahn's Views On Apple Inc.
Thursday, October 9, 2014 - 2:05pm | 183Speaking on CNBC, Toni Sacconaghi of Sanford C. Bernstein & Co shared his view on Carl Icahn's letter to Apple Inc. (NASDAQ: AAPL). He thinks that Apple Inc. is currently overcapitalized by $50 to $75 billion and that he is not sure that it would be good to make a tender offer at the moment...
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Carl Icahn Returns with New $50 Billion Stock Buyback Plan for Apple
Thursday, December 5, 2013 - 9:28am | 618Billionaire activist investor, Carl Icahn, is back with another stock buyback plan for Apple (NASDAQ: AAPL) according to Reuters. This time, instead of the $150 billion Icahn had proposed earlier, he is suggesting the company buy back $50 billion of its own stock. This plan comes in the form...
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ETFs: What Happens if Apple Splits and Enters the Dow?
Wednesday, August 1, 2012 - 2:10pm | 803One of this week's big rumors involves none other than the largest U.S. company by market value: Apple (NASDAQ: AAPL). On Tuesday, Sanford C. Bernstein & Co. published a research note saying the iPhone maker is mulling a stock split that could lead to it being added to the venerable Dow Jones...
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Vertex Pharmaceuticals To Present at Two Investor Conferences (VRTX)
Tuesday, June 1, 2010 - 4:43pm | 213Vertex Pharmaceuticals Incorporated (Nasdaq: VRTX) today announced that it will webcast its presentations at the Sanford C. Bernstein Strategic Decisions 2010 Conference on Thursday, June 3, 2010 at 9:00 a.m. EDT and at the 9th Annual Needham Healthcare Conference on Wednesday, June 9, 2010 at 3:20...