Carl Icahn

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 logo

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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ThinkstockPhotos-481735362

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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road fork sign

Why Carl Icahn Cannot Succeed in AIG Activism

It seems that no company is too big for Carl Icahn to try to influence in an effort to unlock value. American International Group Inc. (NYSE: AIG) is now Icahn's ...
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FCX-grasberg copper mine

What Will Carl Icahn Do with Freeport Now?

Copper miner and oil producer Freeport-McMoRan Inc. (NYSE: FCX) announced Wednesday morning that the company had appointed two new board members recommended by activist investor Carl Icahn. That brings the ...
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bear

Is Carl Icahn for the Bears With This New Video?

Carl Icahn has released an ominous video on his website saying that the seven-year bull market has run its course. Although this is only a teaser video for something much ...
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old mining hardhat with head light

Why Carl Icahn Might Not Succeed in Freeport-McMoRan

Activist investor Carl Icahn disclosed nearly an 8.5% stake in the copper and gold miner Freeport-McMoRan Inc. (NYSE: FCX) after the markets closed on Thursday. This is not the first ...
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Active investor

What Carl Icahn Wants From Freeport-McMoRan

After the markets closed on Thursday, activist investor Carl Icahn revealed that he had acquired an 8.46% stake in copper and gold miner Freeport-McMoRan Inc. (NYSE: FCX). The stock, which ...
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