- Apple (AAPL +0.4%) is trading slightly higher on an ugly day for tech. Shares rallied to $500 earlier in the week, thanks in large part to Carl Icahn.
- RBC's Amit Daryanani has hiked his PT to $525 from $475, and (unlike UBS) is on board with Icahn's call for an even bigger buyback. He thinks raising another $55B in debt for buybacks could boost FY14 EPS by $4, and that increasing leverage to a large-cap norm of 1.8x would allow Apple to repurchase 18% of its float.
- Earlier: China Mobile chairman optimistic about iPhone deal
From other sites
Video at CNBC.com (Fri, 11:16AM)
Video at CNBC.com (Thu, 3:25PM)
Video at CNBC.com (Thu, 8:00AM)
Video at CNBC.com (Tue, 8:30AM)
Video at CNBC.com (Mon, 5:15PM)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs