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Buyback, Dividend Bonanza Picks Up

U.S. companies continue to buy back stock and pay out dividends at a blistering pace, helping propel the stock market’s rally to record levels. Stock buybacks among S&P 500 companies jumped to $128.2 billion in the third quarter, the highest level since the fourth quarter of 2007, according to S&P Dow Jones Indices. Buybacks rose […]

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It’s time for Apple to go all-in with gaming

Apple designed an iPhone controller for third-party developers. NEW YORK (CNNMoney) In June, Apple quietly slipped in the fact that iOS 7 would begin supporting third-party gaming controllers. Since then, we’ve heard next to nothing from Apple. But Apple’s gaming strategy will soon emerge, and chances are it will involve more than just a few […]

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Apple’s Share Slipped as 251 Million Smartphones Shipped in Third Quarter

Global shipments of smartphones grew 45% year-over-year in the third quarter of 2013 to a record 251 million units. The quarter also marks the first time total shipments topped a quarter billion. Samsung Electronics topped the list with a record 88.4 million units shipped and a record 35% market share. Apple Inc. (NASDAQ: AAPL), which […]