Apple’s stock price soared big time for a single day last week the day after the company released unexpectedly favorable earnings for the March quarter. It was partly due to the fact that iPhone sales really exceeded most analyst estimates, and even the Mac did well. The iPad, well, not so much. But Apple also […]

So a certain Wall Street trader released a bogus report Tuesday afternoon claiming Apple shareholders were prepared to approve a stock split at Wednesday’s meeting. As you might expect, it never happened, it wasn’t going to happen. But the stock price soared for a bit, which likely gave the trader in question a decent profit, […]

I’d hate to be a stock broker. Well, maybe not, because I’d get a commission on every sale, regardless of whether the customer lost money or made money. But trying to figure out the weird morass of financial dealings, and the potential for a company to make a profit or show red ink would give […]