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Hedge Funds Carl Icahn

  • HOLLYWOOD, Fla., Feb 27- Shareholders are pressuring miner Freeport-McMoRan Inc to stand up to the Indonesian government over changes the Southeast Asian country wants to make in the U.S. miner's contract, Freeport's chief executive officer said on Monday. Rio Tinto Plc, which is a partner in Freeport's massive Grasberg copper and gold mine in Indonesia, is also...

  • Dollars cash

    Just 3 percent said returns topped expectations. Only 31 percent said returns met expectations, while 66 percent said returns fell short.

  • LOS ANGELES— Great reviews and buzz propelled comedian Jordan Peele's directorial debut, the micro-budget thriller "Get Out," to a chart-topping opening weekend with $30.5 million according to studio estimates Sunday. The Blumhouse-produced and Universal Pictures- distributed film cost an estimated $4.5 million to make. "Get Out" has a 100 percent rating on...

  • Feb 21- Insurance giant American International Group Inc has reached a deal to sell one of its lesser-known assets: a northern Vermont ski slope. Vail Resorts Inc, a Broomfield, Colorado- based company that runs mountain resorts, has signed a $50 million agreement to buy the ski operations of Stowe Mountain Resort from AIG's real-estate business, the resort...

  • Money drain losing money black hole

    Jim Cramer gives all the reasons why stocks are still undervalued in the market.

  • Toll Brothers Inc., up $1.94 to $33.93. Garmin Ltd., up $3.70 to $54.15. Bristol-Myers Squibb Co., up 57 cents to $55.35.

  • *Fed to release minutes at 2:00 p.m. ET. The company is set to win antitrust approval from European Union regulators for its $130 billion merger with Dow Chemical, sources told Reuters. Policymakers, including Fed Chair Janet Yellen, have been hinting at the possibility of a rate hike at an upcoming meeting.

  • Bristol-Myers higher on reports Icahn takes stake

    Carl Icahn takes a stake in Bristol-Myers Squibb, seeing it as a potential takeover target. CNBC's Meg Tirrell reports. The "Fast Money Halftime Report" traders weigh in.

  • *Fed to release minutes at 2:00 p.m. ET. The minutes, due at 2:00 p.m. ET, will likely give more clarity on the next hike. "It is no more a question of whether they will raise rates, but when they are going to do it," said Jim Davis, regional investment manager at U.S. Bank Private Client Group in Springfield, Illinois.

  • NEW YORK— U.S. stocks slipped Wednesday after their recent record-setting run. Energy companies stumbled, but basic materials makers rose as investors hoped two large deals will win approval from regulators. DuPont and Dow Chemical rose after Reuters reported that European officials could approve their merger soon.

  • *Fed to release minutes at 2:00 p.m. ET. *Bristol-Myers top stock on S&P after Carl Icahn takes stake. Investors were focused on the minutes of the Fed's Jan. 31- Feb. 1 meeting, expected at 2:00 p.m. ET.

  • Carl Icahn takes stake in Bristol-Myers Squibb

    CNBC's Jim Cramer and David Faber weigh in on Carl Icahn stepping up the pressure on Bristol-Myers.

  • BMY clearly 'attractive' takeover target: Pro

    Barbara Ryan, Barbara Ryan Advisors, talks about Carl Icahn's stake in Bristol-Myers and other possible big pharma deals in 2017.

  • Activist Carl Icahn pressures Bristol-Myers

    CNBC's Meg Tirrell reports billionaire investor Carl Icahn takes a stake in Bristol-Myers Squibb and could see it as a possible takeover target.

  • SAN DIEGO, Feb 21- President Donald Trump on Tuesday assured ethanol industry advocates of their importance in U.S. energy strategy in an apparent bid to quell concerns over potential changes to policies that mandate the use of such renewable fuels. The comments came as Scott Pruitt took over as head of the Environmental Protection Agency and after Trump...

  • Feb 21- Billionaire investor Carl Icahn has taken a stake in Bristol-Myers Squibb Co and sees the drugmaker as a possible takeover target, according to a report published on Tuesday that sent the company's shares from a loss to more than 2 percent higher. Earlier on Tuesday, Bristol-Myers said it added three directors to its board, a move supported by JANA...

  • NEW YORK— Holdovers "The Lego Batman Movie" and "Fifty Shades Darker" led the North American box office for a second week, while Matt Damon's "The Great Wall"— a hit in China, where it was made— struggled in its domestic debut. Warner Bros.' "The Lego Batman Movie" was No.1 again, selling $42.7 million in tickets over the four-day holiday weekend, according to final figures...

  • Feb 21- Activist investor Carl Icahn has taken a stake in Bristol-Myers Squibb Co, the Wall Street Journal reported, citing people familiar with the matter. The company's shares spiked as much as 4.8 percent to $57.21 in late-afternoon trading on Tuesday. Earlier in the day, Bristol-Myers said it added three directors to its board in an agreement with JANA...

  • Carl Icahn speaking at Delivering Alpha in New York on Sept. 13, 2016.

    According to Dow Jones, Carl Icahn takes a stake in Bristol-Myers and sees it as possible takeover target. CNBC's Tyler Mathisen reports.

  • Carl Icahn speaking at Delivering Alpha in New York on Sept. 13, 2016.

    Shares of Bristol-Myers climbed as much as 4 percent after billionaire Carl Icahn reportedly took a stake in the company, according to Dow Jones.