Biotech firm’s stock buyback emits bad bouquet

November 12, 2015

NantKwest wants to snap up a large chunk of stock at a big discount to its July IPO. Yet the biotech controlled by Patrick Soon-Shiong needs the money as it’s likely to burn cash for years. A buyback would, though, prop up the price ahead of an expiring lockup for executives.

Carl Icahn makes #activism look easy at Apple

August 14, 2013

The 77-year-old billionaire disclosed a big stake in the iPad maker via Twitter in a post worth $142 mln a character, based on the $20 bln of added market value. His message was as simple as the medium - Apple should buy back more stock soon. It would be a smart, effortless move.