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Hedge Funds Carl Icahn

  • JAKARTA, Feb 20- U.S. mining giant Freeport-McMoRan Inc warned on Monday that it could take the Indonesian government to arbitration and seek damages over a contractual dispute that has halted operations at the world's second-biggest copper mine. The row, which centers around the sanctity of Freeport's 30- year mining contract, comes as Indonesia seeks to...

  • Icahn boosts stakes in Herbalife and Hertz, slashes Freeport-McMoran

    The billionaire activist investor raised his stakes in Herbalife and Hertz, but cut his stake in Freeport-McMoran.

  • Billionaires Carl Icahn and Warren Buffett.

    Jim Cramer says Carl Icahn believes Apple's best days are behind it while Warren Buffett thinks otherwise.

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

    Billionaire activist investor Carl Icahn increased his holdings in Herbalife and Hertz Global Holdings in the fourth quarter, and exited Voltari.

  • NEW YORK, Feb 14- Billionaire activist investor Carl Icahn increased his holdings in Herbalife Ltd and Hertz Global Holdings Inc in the fourth quarter, and exited Voltari Corp.. Icahn recently took on a role as special adviser to President Donald Trump, after publicly endorsing the real estate executives candidacy in September 2015. Icahns publicly traded...

  • Feb 14- American International Group Inc, the largest commercial insurer in the United States and Canada, reported a bigger-than-expected quarterly loss, largely due to a $5.6 billion reserve charge to cover possible future claims. AIG's net loss widened to $3.04 billion, or $2.96 per share, in the fourth quarter ended Dec. 31, from $1.84 billion, or $1.50 per share,...

  • The SEC announcement came two years after CVR disclosed regulators were examining whether it properly characterized fees it agreed to pay advisers Goldman Sachs and Deutsche Bank to defend against Icahn's tender offer. According to the SEC, the Texas- based oil refinery company made inadequate disclosures in SEC filings about "success fee" arrangements it...

  • Feb 14- American International Group Inc, the largest commercial insurer in the United States and Canada, reported a bigger quarterly loss, largely due to a charge related to higher reserves to meet claims. AIG's net loss widened to $3.04 billion, or $2.96 per share, in the fourth quarter ended Dec. 31, from $1.84 billion, or $1.50 per share, a year earlier.

  • BOSTON, Feb 14- William Stiritz, one of the largest investors in Herbalife Ltd, cut his stake in the nutrition and weight loss company to 1.4 percent at the end of the fourth quarter from 5.2 percent a year ago, according to a regulatory filing on Tuesday. At the same time billionaire investor Carl Icahn, who has sparred with rival billionaire William Ackman over the...

  • SAN FRANCISCO, Feb 13- Apple shares cruised to a record-high close Monday, helping catapult the S&P 500 stock index over the $20 trillion mark in what amounts to a victory for plain-vanilla mutual funds over a bevy of hedge fund managers who recently backed away from the iPhone maker. The largest component of the S&P 500 and a core holding on Wall Street, Apple's...

  • "The Lego Batman Movie" took the top spot with $55.6 million, dominating "Fifty Shades Darker," which attracted $46.8 million, according to studio estimates Sunday. It also bodes well for Warner Bros.' next Lego spinoff, "The Lego Ninjago Movie," set for September. Nick Carpou, Universal Pictures' president of domestic theatrical distribution, said the first movie...

  • A sign marks the Trump Taj Mahal Hotel and Casino in Atlantic City, New Jersey.

    Carl Icahn said he planned to sell his shuttered Trump Taj Mahal casino in Atlantic City, likely bringing an end to his troubled relationship with the city.

  • NEW YORK, Feb 6- Billionaire activist investor Carl Icahn said on Monday he planned to sell his shuttered Trump Taj Mahal casino in Atlantic City, New Jersey, likely bringing an end to his troubled relationship with the city. That legislation was vetoed on Monday by New Jersey Governor Chris Christie, a Republican, who called it a "transparent attempt to punish the...

  • At a White House forum on Friday with U.S. business leaders, including JPMorgan Chase's CEO Jamie Dimon, Trump said his administration expects "to be cutting a lot out of Dodd-Frank." That will involve a lot more than issuing an order, said former Democratic congressman Barney Frank, co-author of the 2010 Dodd-Frank Wall Street reform law that raised capital...

  • At a White House forum on Friday with U.S. business leaders, including JPMorgan Chase's CEO Jamie Dimon, Trump said his administration expects "to be cutting a lot out of Dodd-Frank." That will involve a lot more than issuing an order, said former Democratic congressman Barney Frank, co-author of the 2010 Dodd-Frank Wall Street reform law that raised capital...

  • NEW YORK/ SAN FRANCISCO, Jan 31- Eight days after Elliott Management disclosed a 7.6 percent stake in LifeLock Inc, managers of the more than $30 billion hedge fund met with executives at the consumer protection company. Activist investors such as Elliott usually use these initial meetings to lay out a broad plan on how to boost the stock price.

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

    Uber CEO Travis Kalanick may be advising Trump, but Lyft investor Carl Icahn has been a lot more important to the president.

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

    Icahn will advise the president on regulations, including a rule change that would benefit his investment in the refiner

  • U.S. President Donald Trump speaks as he poses with labor leaders on January 23, 2017 in the Oval Office at the White House in Washington, DC.

    Corporate bosses are meeting with President Trump, hoping to affect policy and worrying that they could become a target of his tirades.

  • Money sign, dollars, currency

    The Inside ETF conference has begun, and by all accounts it is the biggest yet. Here's what attendees will be talking about.