Thinkstock24/7 Wall St. often looks for crazy volume moves and there are more than just a handful today. AFC Enterprises, Inc. (NASDAQ: AFCE) is up 8% at $32.41 after being called a…
Courtesy Herbalife Ltd.Trading was halted briefly this afternoon in shares of nutrition and weight-control firm Herbalife Ltd. (NYSE: HLF) before the company announced that it had reached an agreement with activist investor…
Activist investor and corporate raider Carl Icahn is showing his investors that he will be able to keep making more and more money in his efforts ahead. This morning came news from…
ThinkstockThe first initial public offering (IPO) of the year went off yesterday as USA Compression Partners L.P. (NYSE: USAC) priced 11 million common units at $18 per unit. By the end of…
ThinkstockCarl Icahn is still around, in his seventies and several decades into his place as a famous takeover artist, although he sometimes just scares companies into distributing cash or cutting costs. He…
Whenever you hear the words “Carl Icahn” and “son” together in news, the initial response is that Forest Laboratories Inc. (NYSE: FRX) is under attack by the activist investor. One of the…
Jon C. Ogg As recently as last week it appeared that Carl Icahn’s Icahn Enterprises L.P. (NASDAQ: IEP) may not receive enough shares to complete his takeover of CVR Energy Inc. (NYSE: CVI). Those doubts…
Amylin Pharmaceuticals, Inc. (AMLN) is supposed to be getting a takeover offer soon, or at least it is expected to receive or disclose several possible bids soon. Now the company has one…
Jon C. Ogg The hostile takeover offer from a division of Icahn Enterprises LP (NYSE: IEP) for Commercial Metals Co. (NYSE: CMC) has been expired at midnight last night with only 23% of shares tendered…
Commercial Metals Corp. (NYSE: CMC) announced this morning that its board of directors had unanimously rejected an unsolicited bid of $15/share ($1.73 billion total) from Carl Icahn and Icahn Enterprises LP (NYSE:…
S&P may cut its outlook on France’s AAA debt. (Reuters) A judge blocks the $285 million settlement between Citigroup (NYSE: C) and the SEC. (Reuters) Amazon.com (NASDAQ: AMZN) says Kindle sales rose…
It has happened before, but it is rare. Very rare. A bankruptcy that is good for shareholders. Dynegy Inc. (NYSE: DYN) is seeing a sharp rise in its common stock after some of…
Earnings dominated the press coverage of today’s shares. Novartis and Harley-Davidson released numbers Icahn Enterprise was thumped after it made a bid for Clorox, which was rejected. Boeing was hit because large…
Wikimedia Commons (Adina Firestone)13D filings are often full of surprises, and this morning is no exception. Carl Icahn has an amended filing this morning regarding his 9.4% stake in Clorox Corporation (NYSE:…
When Dynegy Inc. (NYSE: DYN) reported earnings, or rather, losses, yesterday, the company also included the dreaded “going concern” statement telling investors that unless the company could restructure its debt, Chapter 11…
