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Hedge Funds Carl Icahn

  • 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.

  • June 19- Energen Corp said on Monday its board had unanimously decided to stick to its business plan, less than a month after activist investor Corvex Management LP disclosed a large stake in the oil and gas producer and demanded that it explore a sale. The Birmingham, Alabama- based company, which has a large concentration of its assets in the Permian Basin, also...

  • June 19- Energen Corp said on Monday its board had unanimously decided to stick to its business plan, shrugging off hedge fund Corvex Management LP call in May for a possible sale of the oil and gas producer. The Birmingham, Alabama- based company, which has a large concentration of its assets in the Permian Basin, also raised its 2017 production forecast by 5.9...

  • TORONTO, June 9- Activist investor Carl Icahn reduced his stake in Freeport-McMoRan Inc, the world's biggest publicly traded copper miner, to 6.33 percent as of June 6, from 7.2 percent in late November, according to a regulatory filing on Friday. Icahn held 91.6 million Freeport shares as of June 6, a filing with the U.S. Securities and Exchange Commission showed.

  • The senators- Sheldon Whitehouse, Elizabeth Warren, Debbie Stabenow, Jeff Merkley and Tammy Duckworth- addressed the letter to EPA Administrator Scott Pruitt, requesting that he hand over communications between the EPA and Icahn or representatives of CVR Energy. In February, Icahn, who is an unpaid adviser to Trump, submitted a proposal to the White House to...

  • Defense attorney Marc Kasowitz.

    Kasowitz, who also represents Bill O’Reilly, has been by Mr. Trump’s side for more than a decade in highly contentious court battles.