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Hedge Funds Carl Icahn

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

    Majority Shareholder, Icahn Enterprises

  • Democratic senators are raising questions about President Donald Trump's special adviser, Carl Icahn, asking in a letter on Thursday if the activist investor is attempting to persuade the government to lift its "too big to fail" tag from insurer American International Group. Treasury Secretary Steve Mnuchin, Senators Elizabeth Warren and Sheldon...

  • NEW YORK, July 27- CVR Refining racked up its highest-ever bill to meet U.S. biofuel standards during the second quarter, putting it on track to pay a record amount in 2017, the company said in an earnings call on Thursday. The refiner, which is majority-held by billionaire investor Carl Icahn, said it paid $106 million to meet the U.S. biofuel regulations in the...

  • NEW YORK, July 27- Famed Las Vegas sports gambler William "Billy" Walters was sentenced on Thursday to five years in prison, following his April conviction in one of the highest profile U.S. insider trading trials in years. District Judge Kevin Castel in Manhattan pronounced the sentence. The case has drawn more attention because of Walters' dealings with...

  • Dan Schulman

    PayPal shares gained in after-hours trade after the company posted better-than-expected earnings and guidance.

  • 1. "Dunkirk," Warner Bros., $50,513,488, 3,720 locations, $13,579 average, $50,513,488, 1 Week. 2. "Girls Trip," Universal, $31,201,920, 2,591 locations, $12,042 average, $31,201,920, 1 Week. 4. "War For The Planet Of The Apes," 20th Century Fox, $20,884,223, 4,100 locations, $5,094 average, $98,235,137, 2 Weeks.

  • Christopher Nolan's World War II epic brought in an estimated $50.5 million to easily top the charts, according to Warner Bros., while the raucous comedy "Girls Trip" broke the R-rated comedy slump of 2017 with $30.4 million to take second place. "We're beyond thrilled with this exceptional achievement for' Dunkirk,'" said Jeff Goldstein, who heads distribution for...

  • SHANGHAI/ HONG KONG, July 21- Retired chauffeur Yao Huiliang used to spend his days trading small-cap Chinese stocks, trying to make quick money on sharp moves- casino-type behavior often seen in China's stock markets. His move is in tune with what regulators in Beijing want to achieve: deflating some of China's asset bubbles and building the global credibility...

  • WASHINGTON, July 11- The U.S. Environmental Protection Agency is in the early stages of launching a debate about climate change that could air on television challenging scientists to prove the widespread view that global warming is a serious threat, the head of the agency said. The move comes as the administration of President Donald Trump seeks to roll back a...

  • July 5- American International Group Inc said on Wednesday that it has named the head of Marsh& McLennan Companies Inc's brokerage business to work alongside the insurance giant's new chief executive, Brian Duperreault, as chief operating officer. Peter Zaffino, who has served a dual role as chief executive officer at Marsh LLC and head of risk and insurance...

  • ZURICH, July 4- Activist investor Keith Meister's Corvex hedge fund and New York's 40 North have taken a 7.2 percent stake in Clariant to fight the Swiss chemical maker's planned merger with Huntsman Corp.. Meister, who is a protege of billionaire investor Carl Icahn, manages assets worth $6 billion with Corvex and took a 5.5 percent stake in communications...

  • ZURICH, July 4- Activist investor Keith Meister's Corvex hedge fund and New York's 40 North said on Tuesday they had taken a 7.2 percent stake in Clariant to fight the Swiss chemical maker's planned merger with Huntsman Corp. Meister, a Carl Icahn protege, with Corvex manages assets worth $6 billion and took a 5.5 percent stake in communications company Century...

  • ZURICH, July 4- Activist investor Keith Meister's Corvex hedge fund and New York's 40 North said on Tuesday they had taken a 7.2 percent stake in Clariant to fight the Swiss chemical maker's planned merger with Huntsman Corp. Meister, a Carl Icahn protege, with Corvex manages assets worth $6 billion and took a 5.5 percent stake in communications company Century...

  • ZURICH, July 4- Activist investor Corvex and roofing maker Standard Industries' investment arm have teamed up to take a 7.2 percent stake in Clariant in a bid to scuttle the Swiss chemical maker's proposed merger with Huntsman Corp.. Corvex, run by activist investor and Carl Icahn protege Keith Meister, manages assets worth $6 billion and took a 5.5 percent stake...

  • BOSTON, June 29- Billionaire investor William Ackman, one of the hedge fund industry's most voluble managers with opinions ranging from how companies should be run to the dangers of sugary drinks, just got himself an even bigger megaphone: a Twitter account. Using the handle, zBillAckman1, the 51- year-old investor is the latest to join the social media network...

  • June 29- Billionaire investor Carl Icahn is backing off his demand to break up insurance giant American International Group Inc, following the company's sale of assets and hiring of a new chief executive officer, a person familiar with the matter said. Icahn, AIG's third-largest investor, wants the insurer's new CEO Brian Duperreault to have an opportunity to...

  • June 28- American International Group Inc's new chief executive Brian Duperreault said on Wednesday the company would likely slow the pace of share buybacks and instead spend on acquisitions. I think the important thing is that we look at companies that can make us better, "Duperreault told reporters in an interview after the company's annual general meeting...

  • Tim Cook, CEO of Apple Inc.

    Apple and Hertz will work together on a fleet of self-driving vehicles, Bloomberg reported on Monday.

  • June 26- Billionaire Carl Icahn's investment firm, Icahn Enterprises LP, said on Monday it had entered an agreement with the former co-manager of its Sargon Portfolio, David Schechter, to fund his new private investment management business. Last year, Icahn's son, Brett Icahn, and David Schechter had said they would no longer be co-managers of the portfolio, and...

  • Frank Pallone of New Jersey, the ranking member of the Energy and Commerce Committee; Bobby Rush of Illinois; Diana DeGette of Colorado; Paul Tonko of New York; and John Sarbanes of Maryland. They called on Pruitt to respond by the end of the month with details about procedures in place at EPA to prevent Icahn from influencing policy for personal gain.