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Hedge Funds Carl Icahn

  • 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...

  • 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.

  • Carl Icahn

    Democrats' call to probe Carl Icahn came after former White House ethics lawyers had warned about his role advising President Trump.

  • "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...

  • Carl Icahn

    Eight Democratic Senators on Tuesday asked US regulators to launch a probe into Carl Icahn's activities in the US biofuels blending market. CNBC's 'Power Lunch' crew reacts to the news.

  • Since then, billionaire investor Carl Icahn, Hertz's biggest shareholder, has increased his stake in the company, and the company's former CEO, John Tague, has been replaced by Marinello. The company's net loss from continuing operations widened to $223 million, or $2.69 per share, in the first quarter ended March 31, from $52 million, or 61 cents per share, a year...

  • NEW YORK, May 8- Activist investor Keith Meister revealed his fund's newest investment on Monday, detailing a bet on CenturyLink Inc and describing the telecom infrastructure company's pending purchase of Level 3 Communications Inc as "game changing" for the industry. Meister, speaking at the Sohn Conference in New York, said Corvex Management LP owns a 5.5...

  • Michael Dell

    Michael Dell started in his college dorm, became a multi-billionaire and fought off Carl Icahn. Here's how he did it.

  • BEVERLY HILLS, Calif., May 3- After years of discord with a prominent hedge-fund manager, a federal investigation and bad publicity, Herbalife Ltd Chief Executive Officer Michael Johnson is taking a victory lap. At the Milken Institute Global Conference this week, Johnson touted the wares of his nutritional supplement maker, offering free shakes and protein...

  • BEVERLY HILLS, Calif., May 3- After years of discord with a prominent hedge-fund manager, a federal investigation and bad publicity, Herbalife Ltd Chief Executive Officer Michael Johnson is taking a victory lap. At the Milken Institute Global Conference this week, Johnson touted the wares of his nutritional supplement maker, offering free shakes and protein...

  • AIG reported operating earnings of $1.37 billion, or $1.36 per share, compared with $765 million, or 64 cents per share, in the year-ago quarter. That easily beat Wall Street's average estimate of $1.08 per share, according to Thomson Reuters I/B/E/S. The New York- based insurer, which is the largest U.S. underwriter of commercial property and casualty policies,...

  • AIG reported operating earnings of $1.37 billion, or $1.36 per share, compared with $765 million, or 64 cents per share, in the year-ago quarter. The New York- based insurer also said its board authorized an additional $2.5 billion in share repurchases, putting the company closer to its goal of returning $25 billion of capital to investors by year-end.

  • Chief Executive Officer Peter Hancock said on March 9 he would depart once the board found a replacement, citing a lack of confidence among directors and investors. Chairman Douglas Steenland has said AIG's board remains committed to the existing turnaround effort. "We need to know" about the impending choice of CEO, said Sandler O'Neill analyst Paul Newsome.

  • Chief Executive Officer Peter Hancock said on March 9 he would depart once the board found a replacement, citing a lack of confidence among directors and investors. Chairman Douglas Steenland has said AIG's board remains committed to the existing turnaround effort. "We need to know" about the impending choice of CEO, said Sandler O'Neill analyst Paul Newsome.

  • Chief Executive Officer Peter Hancock announced on March 9 that he would depart once the board found a replacement, citing a lack of confidence among directors and investors. Chairman Douglas Steenland has said that AIG's board remains committed to the existing turnaround effort, but analysts are doubtful over whether a new CEO would carry out Hancock's...

  • Chief Executive Officer Peter Hancock announced on March 9 that he would depart once the board found a replacement, citing a lack of confidence among directors and investors. Chairman Douglas Steenland has said that AIG's board remains committed to the existing turnaround effort, but analysts are doubtful over whether a new CEO would carry out Hancock's...