Carl Icahn

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Why Icahn May Be Too Ambitious in His Apple $240 Target

Carl Icahn is back at it again. The 79-year old activist investor has issued an open letter to Apple Inc. (NASDAQ: AAPL) CEO Tim Cook, with a valuation path -- driven ...
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Icahn Wants Bigger Share Buyback From Apple

During a Wall Street Week interview in which Carl Icahn called Apple Inc. (NASDAQ: AAPL) the Secretariat of corporations and the best company of the past 50 years, the activist investor also mentioned ...
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Why Activist Investors May Be Bad for Corporate Credit

The financial media is enamored with the more well-known activist investors. After all, they are very vocal, controversial and adversarial, and they can be extremely entertaining compared to most traditional ...
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Does Carl Icahn Trump Capex Cuts at Chesapeake?

Chesapeake Energy Corp. (NYSE: CHK) has been unable to avoid the trap of lower oil and gas prices in 2014 and 2015. That being said, famed activist investor Carl Icahn ...
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Apple Is Worth $1.2 Trillion, Until It Isn’t

Apple Inc. (NASDAQ: AAPL) is worth over $1.2 trillion, according to Carl Icahn. The flaw with the estimate rests with his valuation measure, based on growth, tax rates and a ...
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Why Carl Icahn Is More Bullish Than All Apple Analysts

Activist investor, Carl Icahn, released an open letter late in Wednesday’s trading session addressed to his twitter followers concerning the recent moves that Apple Inc. (NASDAQ: AAPL) has been making. ...
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How The PayPal Spinoff Played Into eBay Earnings

Following the close of the markets Wednesday, eBay Inc. (NASDAQ: EBAY) reported $0.90 in earnings per share and $4.9 billion in revenue for its fourth quarter. Thomson Reuters has consensus ...
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Can Carl Icahn Force Manitowoc to Concede to Activist Pressure?

The year is almost over and Carl Icahn is still making his activist investor moves. His most recent acquisition was a 7.77% stake in Manitowoc Co. Inc. (NYSE: MTW). This ...
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Can an Outsider Turn Hertz Around?

Rental car company Hertz Global Holdings Inc. (NYSE: HTZ) on Thursday named John Tague as president and chief executive, effective Friday. Tague replaces interim CEO Brian MacDonald, who took over ...
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Apple Shares Begin Move Toward $200

Most industry experts winced when Carl Icahn said Apple Inc. (NASDAQ: AAPL) shares are worth $200 each. Part of his argument is that Apple has enough cash to make a ...
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Should Apple Buy McDonald’s?

Carl Icahn continues to press Apple Inc. (NASDAQ: AAPL) to use its $133 billion in cash to buy back its shares. Based on the company's market cap, it could retire ...
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Oppenheimer Switches to Favorable View on Apple, Without Mentioning Carl Icahn

Apple Inc. (NASDAQ: AAPL) was transferred for analyst coverage at Oppenheimer right at the start of September. The firm only decided to initiate coverage with a Perform rating then, but ...
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Carl Icahn Says True Value of Apple Share Is $203 — in Over 4,500 Words

Carl Icahn has lived up to his promise for an interesting open letter to Apple Inc. (NASDAQ: AAPL) CEO Tim Cook. This is more like a novelette or whitepaper than ...
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Carl Icahn Promises ‘Interesting’ Letter to Apple

UPDATE: The letter is out and Icahn has lived up to his promise for an interesting open letter. Activist investor Carl Icahn tweeted a message late Wednesday morning that he ...
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Ratings Agency No Fan of eBay-PayPal Split

eBay Inc. (NASDAQ: EBAY) was given high marks by the market this week when the company finally capitulated to the outside pressure by Carl Icahn and others to begin the ...
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