Apple (AAPL) Edges Higher on Market Chatter

Apple, Inc. (NASDAQ: AAPL) is ticking higher amid Doug Kass saying there is buyback chatter.

According to his Twitter account (@DougKass): "Vague rumors of an accelerated buyback at Apple this afternoon."

We're sure the rumor didn't start with Kass.

Shares are down about 1 percent Thursday afternoon.

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