Consider today, on a day when the nasdaq lost. 11 . Let me set the stage for people who may not be up on whats happening. Before i answer these incredibly important questions i just laid out. This morning David Einhorn an excellent Hedge Fund Manager announced hes suing apple because they want to block a suggestion of his. I said he says, that would aggressively return capital to its share hordes. Einhorn want to stop them from amending their charter so he says it cant eliminate this possibility of offering a preferred security that he believes could give shareholders some major consistent return on investment, rather than the common stock of which he frankly said needs a little juicing. Lets put it that way. He thinks it can do that. Einhorn said this morning, while apple is a quote, a phenomenal company, creating iconic products that consumers around the world love, end quote, hes not happy with the way apple manages its finances. He wants apple to do more with its 137 billion cash h
Siemens. Answers. We asked total strangers to watch it for us. Thank you so much. I appreciate it. Ill be right back. They didnt take a dime. How much in fees does your bank take to watch your money . If your bank takes more money than a stranger, you need an ally. Ally bank. Your money needs an ally. Im jim cramer. Welcome to my world. You need to get in the game. Firms are going to go out of business and hes nuts theyre nuts. They know nothing. I always like to say that theres a bull market somewhere. Mad money, you cant afford to miss it. Hey, im cramer. Welcome to mad money. Welcome to cramerica. Other people want to make friends. Im just trying to save you a little money. My job is not only to entertain you, but to teach and coach you, so call me at 1800743cnbc. What the heck do people want out of a company . What do people want out of a stock . How come youre not asked that company when an activist is suing the best performing company of our lifetime . Isnt that what we have to c
Of his depression era grandmother. He wants a annual 4 cash dividend. Which he says could boost the faltering stock. At least by of late, several hundred dollars a share he thinks he can move it. Let me say this. I run a Charitable Trust that as this a stock in apple and im hard pressed to find one that does as good as apple. I could be more critical of the performance of thousands of other stocks. And thousands of other managements than i would have before i would pick a fight with apple. Thats why i think that why ihorn can question what theyre doing with their cash, i think this is wrong headed. As apple explained in a statement today, the company is in the midst of a colossal throw year ban to return billions to its shareholders thats hardly chump change. I think apple has the right to hold the cash that it has. This is a high quality problem to say the least. A total victim of success issue that can be solved by apple raise its own dividend very nicely and not creating a whole new
There was no surveillance done for political purposes against our campaign. Sarah sanders also said, quote, it was also agreed that white house Chief Of Staff kelly will immediately set up a meeting with the fbi, doj and dni together with congressional leaders to review highly classified and other information they have requested. The claim of a spy within the Trump Campaign comes with as of yet little or nothing to back it up and plenty to raise suspic n suspicions about its validity, including someone the president went out of his way to praise today. And a very courageous man, hes courageous, congressman devin nunes. Thank you very much, devin, for being here, appreciate it. He is the chairman of the house Intelligence Committee. For weeks hes been seeking information on a Top Secret Intelligence Source who reportedly contacted two Trump Campaign advisers and one official, including carter page, who was already under suspicion for contacts with russia and
George Papadopoulos, whose d
Anderson Cooper takes viewers beyond the headlines with indepth reporting and investigations. Courthouse in alexandrialexandr virginia, cnns jessica schneider. So what did we learn today at the trial . Anderson, we learned a lot. It was only the first day here, but this courtroom is definitely living up to its Rocket Docket reputation. They managed to whittle down this jury pool of 65 people down to 12 jurors plus four alternates, and then, of course, we heard the fiery Opening Statements here. In this, prosecutors shed some light on Paul Manaforts lavish lifestyle, and they did it by talking about his 30 hidden Foreign Bank Accounts they say existed in three different countries. And they say that funded that lavish lifestyle that included seven different homes, ranging from virginia to manhattan, all the way to the hamptons on long island. They also talked about his 500,000 luxury clothing. They mentioned a 21,000 watch, and they even, yes, mentioned a 15,000 jacket made of ostrich. T