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Apple's Big Buyback, Social Networks' Slide and a Jim Cramer GE Bet

Apple may not be bowing to Carl Icahn, but Tim Cook knows a deal when he sees one: he's bought $14 billion in Apple shares lately. The stock is up two points going into the open. Down is LinkedIn, which disappointed on forward looking guidance as well as net income, and the stock is down going into today's trading day. Plus earnings from News Corp., and a Jim Cramer play on General Electric in the midst of CEO Jeff Immelt's big overhaul. Jonathan Marino at the Nasdaq Marketsite on February 7, 2014.