Apple shares jump on billionaire Icahn's 'large' stake

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Shares of technology firm Apple soared yesterday after billionaire investor Carl Icahn revealed he had taken a large stake in the company, and is pushing for higher payouts to shareholders.

After Icahn tweeted he had held discussions with chief executive Tim Cook, the technology stock rose more than 4%. "We currently have a large position in Apple," Icahn said. "We believe the company...

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