Carl Icahn

Herbalife logo

Will Carl Icahn Take Herbalife Private?

Herbalife Ltd. (NYSE: HLF) has been the subject of much conflict in recent years as activist investor Bill Ackman is waging all-out war on the company, claiming that it is ...
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navistar-big-rig

Will Volkswagen Diesel Engines Save Navistar?

Navistar International Inc. (NYSE: NAV) announced a strategic alliance with the truck and bus division of Volkswagen that included an unspecified equity investment by the German automaker and framework agreements ...
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gavel and cash money

Herbalife FTC Settlement Delivers Crushing Blow to Bill Ackman, Pumps Carl Icahn

Herbalife Ltd. (NYSE: HLF) has been more than a controversial stock over the past three years or more. Short seller and activist investor Bill Ackman had roughly a $1 billion ...
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car repair

Icahn Sweetens Offer for Federal-Mogul Shares

In a terse letter to the Federal-Mogul Holdings Corp. (NASDAQ: FDML), activist investor Carl Icahn's Icahn Enterprises L.P. (NASDAQ: IEP) on Monday morning raised its offer for the remaining shares ...
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Warren Buffett

Big Buffett and Icahn Trades Highlight Insider Buying: Phillips 66, Hertz, Bank of New York Mellon, Advance Auto Parts and More

This past week started to resemble just what we have expected the rest of the summer to look like: volatile, with more coming. The market ran up right near all-time highs, ...
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Xerox

Xerox Earnings a Mixed Bag as Company Prepares to Split

Xerox Corp. (NYSE: XRX) reported first-quarter 2016 results before markets opened Monday. The business technology firm posted quarterly adjusted diluted earnings per share (EPS) of $0.22 on revenues of $4.28 ...
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copper pipes

Icahn Buys More Freeport-McMoRan, Sending Shares up 18%

It appears that Warren Buffett is not the only investor who thinks that now is a good time to invest in energy stocks. Activist investor Carl Icahn added 4 million ...
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road fork sign

Xerox’s Horrible Management Finally Crushes the Company

A number of press reports claim that Xerox Corp. (NYSE: XRX) will be broken into two pieces, and that activist investor Carl Icahn, who has taken a significant position in ...
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AIG Fights Icahn on Breakup

American International Group Inc. (NYSE: AIG) plans to sell its broker-dealer network, spin off part of its mortgage-insurance unit and slash costs. So said CEO Peter Hancock in a strategy ...
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AIG logo

AIG-Icahn Activist Fight Persists

American International Group Inc. (NYSE: AIG) has received another letter from activist investor Carl Icahn. His demand is for AIG to bust itself up into smaller, more focused units to ...
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Xerox Shares Plunge 31% in a Year

Carl Icahn increased the number of shares in Xerox Corp. (NYSE: XRX) that he holds, a decision he may regret. The market continues to pressure the copier company's shares, as ...
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Newspapers

Is Rupert Murdoch Still After Time Warner?

Say what you want about media tycoon Rupert Murdoch, but he doesn’t give up easily. Less than two years after Time Warner Inc. (NYSE: TWX) rebuffed an unsolicited $80 billion ...
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car repair

What Does Icahn Do With Pep Boys?

Billionaire Carl Icahn jumped through loads of hoops to acquire struggling auto parts and repair chain Pep Boys: Many, Moe & Jack (NYSE: PBY) for $1.03 billion. He even outbid ...
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natural gas pipeline

Carl Icahn Trades Highlight Huge Insider Buying: Hertz, Cheniere Energy, Wynn Resorts, Energy Transfer and More

In a week when the market backed up on a crumbling oil market, insiders came out in full force to use the selling as an opportunity. Jefferies reported this week ...
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Car engine

Icahn Stake Puts a Charge Into Pep Boys

On Friday, after activist investor Carl Icahn revealed a 12.1% stake in Pep Boys - Manny, Moe & Jack (NYSE: PBY), the stock bounced big in after-hours trading, but cooler ...
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