1. Articles from Investor's Business Daily

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    1. GE Activist Investor Sells Some Stock

      GE Activist Investor Sells Some Stock

      General Electric ( GE ) shareholder Trian Fund Management sold a portion of its stake in the restructuring industrial giant, which continues to look for a turnaround. GE stock rose. Nelson Peltz's Trian Fund sold roughly 15.6 million shares July 31-Aug. 4 at an average price of a little more than $6, according to an SEC filing. That left the activist investor with roughly 43.7 million shares of General Electric, or about half its original stake...

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    2. Apple Isn't So Interested In Ideological Diversity

      Apple Isn't So Interested In Ideological Diversity

      In a recent federal filing before the U.S. Securities and Exchange Commission, lawyers for Apple ( AAPL ) maintained that the tech giant should not have to consider increasing its leadership's ideological diversity and that arguments made in support of greater viewpoint variance were "without merit." X The SEC disagreed , sending Apple's legal team a stunning rebuke...

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    3. GE Plan To Restate 2016-2017 Earnings Is Taking Longer Than Expected

      GE Plan To Restate 2016-2017 Earnings Is Taking Longer Than Expected

      General Electric ( GE ) now plans to restate earnings for 2016 and 2017 by April 13, after a previous target date for late March came and went. X The industrial giant has said it will adopt a new revenue-recognition accounting standard, an industry standard that it says all companies are required to adopt. But GE management said the process "is taking more time than we originally expected" to finalize, according to a letter to shareholders on Wednesday...

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    4. GE’s Stock Reverses Higher After News Of Accounting, Board Changes

      GE’s Stock Reverses Higher After News Of Accounting, Board Changes

      General Electric ( GE ) will cut 2016 and 2017 earnings per share after adopting a new accounting standard and has begun revamping its board of directors. X Separately, Warren Buffett, whose Berkshire Hathaway ( BRKB ) sold most of its GE stock in 2017, said Monday he was "staggered" by GE's financial lapses...

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