Carl Icahn

Xerox Thinks Big, but Maybe Not Too Big

Xerox Holdings Corp. (NYSE: XRX) had a market cap of about $8.1 billion at the market close Tuesday. HP Inc. (NYSE: HPQ) had a market cap of about $26.3 billion. ...
Read Full Story »

Are Big Q3 Earnings at VMware, Dell a Mixed Blessing for Merger?

Enterprise software maker VMware Inc. (NYSE: VMW) reported third-quarter results after markets closed Thursday that included a 14% year-over-year jump in sales to $2.2 billion. Computer maker and majority owner ...
Read Full Story »

Carl Icahn Takes Another Swing at Michael Dell

No matter whether Dell was trying to take itself private, as was the case five years ago, or return to being publicly traded, as is the case today, one thing ...
Read Full Story »

Carl Icahn Claims $1 Billion Profit From Reduced Herbalife Stake

Activist investor Carl Icahn and Icahn Enterprises Inc. (NASDAQ: IEP) tendered up to 11.4 million shares in Herbalife Nutrition Ltd. (NYSE: HLF) in response to a $600 million tender offer ...
Read Full Story »

Icahn Unloads Part of Herbalife Position, Stock Tanks

Carl Icahn is a longtime owner of a substantial portion of Herbalife Nutrition Ltd. (NYSE: HLF) and has fought off other investors and short sellers who believe the company's core business ...
Read Full Story »

Xerox Deal to Combine With Fujifilm Dies, Leaving US Company With Difficult Future

Two corporate raiders have managed to kill a business combination between Xerox Corp. (NYSE: XRX) and an arm of Japanese company Fujifilm. It leaves troubled Xerox with a difficult future, ...
Read Full Story »

Icahn Takes 13.5% Stake in SandRidge, Calls Bonanza Acquisition ‘Nonsensical’

SandRidge Energy Inc. (NYSE: SD) emerged from an $8.3 billion bankruptcy in October 2016 while Bonanza Creek Energy Inc. (NYSE: BCEI) emerged in April after clearing up about $1.4 billion ...
Read Full Story »

Carl Icahn Doubles Down on Herbalife Bet

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 of Pershing Square Capital Management ...
Read Full Story »

Did Icahn Really Win With AIG’s CEO Departure?

Shares of American International Group Inc. (NYSE: AIG) saw a slight gain on Thursday after the company announced that its president and CEO, Peter Hancock, will be stepping down. There ...
Read Full Story »
Nat Gas Field

Why Chesapeake Stumbled and Transocean Didn’t on Icahn Sales

After rising by about 25% earlier this month, shares of Chesapeake Energy Corp. (NYSE: CHK) have plummeted to about 2.5% below where they were when the month started. The decline ...
Read Full Story »
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 ...
Read Full Story »

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 ...
Read Full Story »
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 ...
Read Full Story »
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 ...
Read Full Story »
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, ...
Read Full Story »