David Einhorn's preferred stock proposal is "creative," Tim Cook states at a Goldman conference....
David Einhorn's preferred stock proposal is "creative," Tim Cook states at a Goldman conference. But he calls Einhorn's opposition to Prop. 2 a "silly sideshow," and insists the measure is meant to empower shareholders. He claims Apple's (AAPL -1.2%) management/board are in "very active discussions" about returning additional cash, but remains tight-lipped about details. Apple is spiking lower after temporarily doing the opposite. (live blog) (webcast) (previous)
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