Xerox shares turned lower a day after activist investor Carl Icahn disclosed a new 7.1 percent stake in what he called an "undervalued" company.» Read More
Soros Fund Management exited its bet on Herbalife, the nutrition company that rival investor William Ackman has called a fraud.
Carl Icahn sold his stake of 46.3M shares in eBay and reported the same number of shares in PayPal after the spinoff from eBay in mid-July.
Apple shares also declined 12 percent during the third quarter.
1. "Spectre," Sony, $33,681,104, 3,929 locations, $8,572 average, $128,981,285, 2 weeks. 2. "The Peanuts Movie," 20th Century Fox, $24,013,538, 3,902 locations, $6,154 average, $82,303,394, 2 weeks. 4. "The Martian," 20th Century Fox, $6,712,171, 2,788 locations, $2,408 average, $207,394,787, 7 weeks.
A filing with the U.S. Securities and Exchange Commission released on Monday showed that Adage Capital Partners held 8.5 million Apple shares on Sept. 30, down 4 percent from June 30. Other filings showed that Appaloosa Management held 1.3 million Apple shares as of Sept. 30, down from 2.5 million shares on June 30; that Bridgewater Associates held 274,852 Apple...
Nov 11- CBRE Group Inc said it has been hired by billionaire investor Carl Icahn to sell Fontainebleau Resort Las Vegas, five years after taking control of the property. The Wall Street Journal reported the sale earlier on Wednesday and pegged the deal value at about $650 million. Fontainebleau, which was planned as a $3 billion project, filed for bankruptcy...
Nov 11- CBRE Group Inc has been hired by billionaire activist investor Carl Icahn to sell the Fontainebleau Resort Las Vegas, the property broker's spokesman told Reuters. The Wall Street Journal reported the sale earlier on Wednesday and pegged the deal value at about $650 million. The unfinished resort and casino on the Las Vegas Strip was planned as a $3...
In many instances, activists may be holding shares longer than many institutional or retail investors, the NYT reports.
U.S. stock futures were higher this morning, as the Dow, S&P 500, and Nasdaq near their record high closes of earlier this year.
NEW YORK, Nov 3- Billionaire investor Carl Icahn made a cryptic reference suggesting he has an interest in embattled drug maker Valeant on Tuesday, and said he was speaking to U.S. politicians about a corporate cash repatriation law that would deter so-called tax inversion deals. Icahn said he was speaking to Wisconsin Republican Congressman Paul Ryan and New...
"There are going to be real problems. We're walking into a minefield of what's going on with the Fed," Icahn said.
Activist investor Carl Icahn of Icahn Enterprises, discusses the launch of a super PAC with a $150 million fund.
Activist investor Carl Icahn of Icahn Enterprises, shares his view of the presidential campaigns, and why he would never be Treasury Secretary.
Activist investor Carl Icahn discusses big lessons he's learned from investing and through being an activist.
Activist investor Carl Icahn of Icahn Enterprises, discusses Valeant Pharmaceuticals, and Pershing Square's Bill Ackman.
Activist investor Carl Icahn of Icahn Enterprises, speaks about the role of activists in corporate America.
Billionaire activist investor Carl Icahn talks to CNBC's Andrew Ross Sorkin about earnings, Ackman, and whether Donald Trump is really serious about running for president.
Nov 3- A fifth straight day of gains for energy shares drove U.S. stocks higher on Tuesday, while big tech names also helped propel the major indexes. "I think there has been a real desire on the part of some investors to take advantage of depressed valuations," Eric Wiegand, who is a senior portfolio manager with U.S. Bank Wealth Management in New York.
*S&P energy sector up 2.09 pct; Chevron, Exxon lead. *Visa rebounds after Monday's drop, props up Dow. Nov 3- A surge in oil prices fueled a rally in energy companies, helping the S&P and Nasdaq reverse course to move higher in afternoon trading on Tuesday, while the Dow added to its gains.
*S&P energy sector up 1.9 pct; Chevron, Exxon lead. Nov 3- A rally in energy stocks and a rebound in Visa helped the Dow inch higher on Tuesday, while the S&P 500 and Nasdaq were little changed, with gains offset by a decline in healthcare and consumer shares. "We're off a little bit this morning, but I think it's more just people not knowing where to go," said Michael Bapis,...