Apple Has 'Very Strong' Cash Flow, PNC's Stone Says

Apple Has 'Very Strong' Cash Flow, PNC's Stone Says Play

Feb. 8 (Bloomberg) -- E. William Stone, chief investment strategist at PNC Wealth Management, talks about U.S. stocks including Apple Inc. and Procter & Gamble Co. Apple’s board and management are actively discussing the return of more cash to shareholders and considering a proposal that it issue preferred stock. Stone also discusses the U.S. economy and Europe's debt problems. He speaks from Philadelphia with Zeb Eckert on Bloomberg Television's "First Up." (Source: Bloomberg)

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