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Hedge Funds Carl Icahn

  • Best Co affirmed its financial strength rating on American International Group Inc on Tuesday, lifting some uncertainty over the New York- based insurer's ability to meet its long-term debt obligations, which had unsettled some investors. In January, it announced a deal to pay $10.2 billion to Warren Buffett's Berkshire Hathaway Inc to take on many of its...

  • 1. "Alien: Covenant," 20th Century Fox, $36,160,621, 3,761 locations, $9,615 average, $36,160,621, one week. 3. "Everything, Everything," Warner Bros., $11,727,390, 2,801 locations, $4,187 average, $11,727,390, one week. 4. "Snatched," 20th Century Fox, $7,832,517, 3,511 locations, $2,231 average, $33,015,117, two weeks.

  • Ridley Scott's latest "Alien" exploit opened with $36 million in ticket sales, according to studio estimates Sunday. Warner Bros.' teen romance "Everything, Everything" debuted in third place with $12 million, and Fox's "Diary of a Wimpy Kid: The Long Haul," opened in fifth with $7.2 million. "Snatched," Amy Schumer and Goldie Hawn's R-rated comedy from Fox, fell to fourth...

  • Carl Icahn's own charity lent him a total of $118.7 million

    Billionaire Carl Icahn reportedly received money from a charity he started, according to the Wall Street Journal.

  • Carl Icahn

    Icahn's loan from the Foundation for a Greater Opportunity hit $118.7 million.

  • Billionaire investor Carl Icahn sold out of the pharmaceutical giant entirely, while Farallon Capital Management LLC, David Tepper's Appaloosa LP and Seth Klarman's Baupost Group LLC were among those trimming their stakes by as much as 32 percent, according to regulatory filings. Paulson& Co Inc and Leon Cooperman's Omega Advisors Inc also pulled back on the...

  • NEW YORK, May 15- Billionaire investor Carl Icahn acquired a new 19.8 million share stake in business services provider Conduent Inc in the first quarter and sold out of pharmaceutical firm Allergan Plc and speech technology group Nuance Communications Inc, according to regulatory filings on Monday. The changes also reflected the takeover of Federal-Mogul...

  • NEW YORK, May 15- American International Group Inc on Monday named an insurance industry veteran as its new chief executive officer, luring him from the firm he started with a lucrative financial package that includes buying a big piece of his company. In hiring Brian Duperreault, who is 70, AIG is giving into the demands of billionaire investor Carl Icahn, AIG's...

  • In hiring Brian Duperreault, who is 70, AIG is giving into the demands of billionaire investor Carl Icahn, AIG's fourth largest shareholder, who has been pushing for big changes at the insurance giant. AIG said it will pay as much as $40 million to free Duperreault from a noncompete agreement with Hamilton Insurance Group Ltd, the firm he founded and ran, in...

  • May 15- American International Group named Brian Duperreault as its new chief executive officer on Monday, selecting a protege of former CEO Hank Greenberg and an industry veteran known for his turnaround expertise. Duperreault, age 70, is the founder and chief executive officer of Hamilton Insurance Group Ltd in Bermuda, and is seen as a short-to-medium term...

  • May 15- American International Group named Brian Duperreault as its new chief executive officer on Monday, selecting a protege of former CEO Hank Greenberg and an industry veteran known for his turnaround expertise. Duperreault, age 70, is the founder and chief executive officer of Hamilton Insurance Group Ltd in Bermuda, and is seen as a short-to-medium term...

  • Brian Duperreault

    American International Group named Brian Duperreault as its new chief executive officer on Monday.

  • May 15- American International Group named Brian Duperreault as its new chief executive officer on Monday, selecting a protege of former CEO Hank Greenberg and an industry veteran known for his turnaround expertise. Duperreault, age 70, is the founder and chief executive officer of Hamilton Insurance Group Ltd in Bermuda, and is seen as a short-to-medium term...

  • Studio estimates on Sunday say director Guy Ritchie's "King Arthur: Legend of the Sword" opened to a bleak $14.7 million from more than 3,700 locations against a costly $175 million production budget. Warner Bros. was unsurprisingly disappointed at the poor showing for "King Arthur" but hopeful for the rest of its summer slate, including "Wonder Woman" and...

  • ATLANTIC CITY, N.J.— Atlantic City's casinos saw their first monthly revenue decline of the year in April, with the amount of money won from gamblers declining by 1.6 percent. Figures released Friday by the New Jersey Division of Gaming Enforcement show the casinos won $211.6 million in April. "Every one of the operating casinos won more at their slot machines last...

  • The silhouettes of visitors are seen taking photograph outside the Trump Taj Mahal casino and hotel, owned by Trump Entertainment Resorts Inc., in Atlantic City, New Jersey, U.S., on Sunday, May 8, 2016.

    A Senate panel wants information about President Trump from a Treasury Department agency that fined the Trump Taj Mahal for money laundering violations.

  • Senators call for federal probe into Carl Icahn

    Billionaire activist Carl Icahn is accused of violating laws against insider trading and market manipulation in his role as a special adviser to President Trump.

  • Carl Icahn

    Eight Democratic senators called for a federal investigation into whether Mr. Icahn violated laws against insider trading. The New York Times reports.

  • "We are writing to request that your agencies investigate whether Carl Icahn violated insider trading laws, anti-market manipulation laws, or any other relevant laws based on his recent actions in the market for renewable fuel credits," the senators said in a letter to the heads of the Securities and Exchange Commission, the Commodity Futures Trading...

  • Hertz

    Lower rental prices and lower resale value for its used vehicles crimped Hertz's earnings report.