Apple raises record $17 bn in bond sale
Technology giant Apple confirmed Wednesday it sold $17 billion in bonds in the biggest corporate debt issue ever.
Technology giant Apple confirmed Wednesday it sold $17 billion in bonds in the biggest corporate debt issue ever.
A bond offering from Apple expected to be priced later today will be one of the largest ever for a US company, according to leading financial newspapers Tuesday.
Apple moved Monday toward its first-ever debt issue, filing documents describing plans for bond sales which would be used to pay dividends in an effort to stem its stock slide.
IBM says its board has raised its regular quarterly dividend by 12 percent to 95 cents and approved a plan to repurchase up to $5 billion of its stock.
French software group Dassault Systemes posted on Thursday a two percent annualised rise in its first-quarter net profit, confirmed its 2013 targets and announced the acquisition of two European firms for undisclosed amounts.
Apple shares swung sharply from red to black and back again Wednesday after the company's shock earnings report, but its huge boost to its capital return program helped the stock end nearly flat.