Apple Is `Way Undervalued,' Gamco's Haverty Says

Feb. 7 (Bloomberg) -- Lawrence Haverty, a portfolio manager at Gamco Investors Inc., talks about comments by David Einhorn's Greenlight Capital Inc. on Apple Inc. Greenlight is urging Apple to return more of its $137.1 billion in cash to shareholders, and asked fellow holders to vote against a proposal -- outlined in Apple's annual proxy statement -- that would eliminate preferred stock. Haverty speaks with Betty Liu, Dominic Chu and Alix Steel on Bloomberg Television's "In the Loop." (Source: Bloomberg)
Fortress to Close the Novogratz $2.3B Macro Fund
19:47 - Fortress Investment Group LLC plans to liquidate its macro business run by Michael Novogratz and return funds by the end of the year, the firm said in a statement on Tuesday. Bloomberg's Betty Liu reports on "Bloomberg Markets." (Source: Bloomberg)
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