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Zynga Co-Founder Mark Pincus Has Stepped Down and Apple Authorizes a 7-for-1 Stock Split

Apple Inc. (NASDAQ: AAPL) received a tweet of approval from activist investor Carl Icahn after the company decided to approve another $30 billion in share buy backs until the end of 2015. Apple has also approved about an 8% increase in its quarterly dividend to $3.29 per share. One of the biggest decisions by the company recently was to authorize a seven-for-one stock split which could broaden the stock's appeal to investors. Apple Inc. and its wholly-owned subsidiaries design, manufacture, and market mobile communication and media devices, personal computers, and portable digital music

The Coca-Cola Company Drops after U.S. Soda Sales Falls for Ninth Straight Year and Zynga Earnings to Be Revealed April 23rd

The Coca-Cola Company (NYSE: KO) shares fell on Monday after news revealed that U.S. soda sales fell for the ninth straight year. According to Beverage Digest, total sales volumes fell 3%to 8.9 billion cases in 2013, the lowest since 1995. Soda sales have declined every year since 2005. "The beverage industry is getting more and more challenging in the U.S. The obesity and health and wellness headwinds are not letting up," Beverage Digest Editor John Sicher said. Sicher added that diet soda sales were impacted bu worries about the healthfulness of artificial sweeteners in the beverages.

Zynga Trades Higher after Candy Crush Maker King Digital Prices its IPO and Cisco Systems to Build World’s Largest Cloud Network

Zynga, Inc. (NASDAQ: ZNGA) shares drifted higher after the anticipated IPO from King Digital Entertainment, maker of the Candy Crush mobile app, was priced late Tuesday. This would be the latest young company to file for an IPO. The initial public offering raised $500 million for the 10 year old company. King Digital is offering 15.5 million shares at between $21 and $24 a share. At the upper end of this range, the company’s valuation of $7.6 billion would be nearly double Zynga's $4.11 billion market capitalization. A spokeswoman for King declined to comment on the company's proposed

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