Apple shares have rallied 9% in the two weeks since the company warned about production problems for its high-end iPhones. Maybe investors aren’t doing the math. Read More...
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Intel’s Newest Director Buys Big Block of Stock
On the heels of Intel CEO buying the company’s stock, the chip giant’s newest director also scooped up shares. Lip-Bu Tan, who joined Intel’s (ticker: INTC) board on Sept. 1, paid $1.35 million on Nov. 8 for 48,146 shares, an average price of $27.98 per share, according to filing with the Securities and Exchange Commission. Tan now owns 50,500 Intel shares in a personal account.
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