📅 On This Day
Icahn's Apple Tweet Sends Stock Surging Five Percent
On August 13, 2013, Carl Icahn announced via Twitter that he had taken a 'large position' in Apple, declaring the company 'extremely undervalued' and pressing for a massive share buyback. The stock jumped roughly 5% on the news alone — a remarkable demonstration of how activist investing had migrated to social media. Icahn eventually sold his stake in 2016, reportedly booking a $2 billion profit.
A single tweet moved one of the world's largest companies — and rewrote the playbook for activist campaigns.
AAPL — Apple Inc.
🇺🇸 US
Source: CNBC; The Wall Street Journal
📅 On This Day
Icahn's Apple Tweet Sends Stock Surging Five Percent
On August 13, 2013, Carl Icahn announced via Twitter that he had taken a 'large position' in Apple, declaring the company 'extremely undervalued' and pressing for a massive share buyback. The stock jumped roughly 5% on the news alone — a remarkable demonstration of how activist investing had migrated to social media. Icahn eventually sold his stake in 2016, reportedly booking a $2 billion profit.
A single tweet moved one of the world's largest companies — and rewrote the playbook for activist campaigns.
AAPL — Apple CDR (CAD Hedged)
🇺🇸 US
Source: CNBC; The Wall Street Journal
🌍 Around the World
Australia's Franking Credits Can Turn Dividends Into Tax Refunds
Australia runs a full imputation system: companies paying the 30% corporate tax rate attach 'franking credits' to their dividends, giving shareholders credit for tax already paid at the corporate level. If your personal rate falls below 30%, the Australian Tax Office refunds the difference in cash — making a fully franked dividend a genuine windfall for retirees in low brackets. Foreign investors, however, generally cannot claim these credits and receive only the cash dividend.
For local retirees, a franked dividend can mean a cheque from the tax office — a perk foreign holders simply can't access.
🇦🇺 AU
Source: Australian Taxation Office; ASX investor education
🔥 Dividend Streak
Disney's Decades-Long Dividend Fell Silent for Streaming's Sake
The Walt Disney Company had paid dividends since 1957 — a streak spanning more than six decades — before suspending the payout in spring 2020 as COVID shuttered its parks. What made the silence remarkable was how long it lasted: parks reopened, but the dividend stayed off while management funnelled cash into the costly pivot to Disney+. Shareholders went nearly four years without a payment before Disney reinstated the dividend in late 2023.
COVID pulled the trigger, but it was the streaming ambition that kept the dividend away for nearly four years.
DIS — Walt Disney Company
🇺🇸 US
Source: The Walt Disney Company investor relations; Kiplinger; The Motley Fool
🔥 Dividend Streak
Disney's Decades-Long Dividend Fell Silent for Streaming's Sake
The Walt Disney Company had paid dividends since 1957 — a streak spanning more than six decades — before suspending the payout in spring 2020 as COVID shuttered its parks. What made the silence remarkable was how long it lasted: parks reopened, but the dividend stayed off while management funnelled cash into the costly pivot to Disney+. Shareholders went nearly four years without a payment before Disney reinstated the dividend in late 2023.
COVID pulled the trigger, but it was the streaming ambition that kept the dividend away for nearly four years.
DIS — Walt Disney CDR (CAD Hedged)
🇺🇸 US
Source: The Walt Disney Company investor relations; Kiplinger; The Motley Fool
🔥 Dividend Streak
Disney's Decades-Long Dividend Fell Silent for Streaming's Sake
The Walt Disney Company had paid dividends since 1957 — a streak spanning more than six decades — before suspending the payout in spring 2020 as COVID shuttered its parks. What made the silence remarkable was how long it lasted: parks reopened, but the dividend stayed off while management funnelled cash into the costly pivot to Disney+. Shareholders went nearly four years without a payment before Disney reinstated the dividend in late 2023.
COVID pulled the trigger, but it was the streaming ambition that kept the dividend away for nearly four years.
DIS — Distil Plc
🇺🇸 US
Source: The Walt Disney Company investor relations; Kiplinger; The Motley Fool
💡 Did You Know
The 8-K Is EDGAR's Second Most Filed Form After Insider Reports
Among all SEC filing types, the 8-K accounts for roughly 11% of submissions on EDGAR — trailing only the Form 4 insider trading report, which makes up about 29%. The sheer volume reflects the 8-K's role as the market's 'something just happened' signal: any material event between regular quarterly and annual filings — from CEO departures to cybersecurity breaches — must be reported promptly through this single, versatile form.
Every merger shock, executive exit, and bankruptcy filing funnels through the humble 8-K — making it a quiet pulse of corporate America.
US
Source: sec-api.io EDGAR filing analysis (1994–2022)