Apple, China Mobile sign iPhone deal

Apple, China Mobile sign iPhone deal (via AFP)

Apple said Sunday it had reached agreement with China Mobile, the world’s biggest wireless network, to bring the iPhone to customers in a market dominated by low-cost Android smartphones. Under the agreement, iPhone 5s and iPhone 5c phones will be available…

Q2 Letter: Baupost won big in Q2 with PG&E, eBay, Liberty Global

VolatilitySeth Klarman's Baupost recorded "strong" gains for the second quarter, although precise numbers were not included in the July 23 letter to investors, which was reviewed by ValueWalk. Klarman said that during the first quarter, they were "substantial purchasers of securities," while during the second, they were "significant net sellers" due to the strong rally. Read More