1. Tim Cook announces $14 billion Apple stock repurchase

    Tim Cook announces $14 billion Apple stock repurchase

    The Wall Street Journal is reporting that Apple ($AAPL) has repurchased $14 billion of its own stock within the past two weeks. The move means that Apple had bought back more than $40 billion of its shares over the past 12 months, which Cook called "a record for any company over a similar span." In an interview Cook said that Apple was "surprised" by the 8 percent drop in AAPL share since it reported quarterly results on January 28, 2014. Cook said that Apple wanted to be "aggressive"  and "opportunistic."

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