Hedge Funds Carl Icahn

  • CNBC PRO: Carl Icahn

    The full interview with Carl Icahn.

  • A host of companies are feeling pressure from activist shareholders, including such well-known investors as Nelson Peltz, Carl Icahn and William Ackman, who often wield outsize power even though they own only a small percentage of shares. Joining Cernich in the new group will be Mark Harnett, who joined Sard in 2015 and was previously a co-founder and president...

  • NEW YORK, Nov 18- Hedge fund managers were largely united in their dislike for Donald Trump before the election. "Investors... were over-weighing the negatives of his unpredictability as a potential President and they were under-valuing how positive from a policy perspective him with a Republican Congress would be for the markets," said Jason Karp who runs $3.8...

  • NEW YORK, Nov 18- Hedge fund managers were largely united in their dislike for Donald Trump before the election. "Investors... were over-weighing the negatives of his unpredictability as a potential President and they were under-valuing how positive from a policy perspective him with a Republican Congress would be for the markets," said Jason Karp who runs $3.8...

  • NEW YORK, Nov 18- U.S. voters' decision to install Donald Trump in the White House may extend the life of the aging, seven-year bull market in U.S. stocks. "The earnings impact of President-elect Trump will outweigh whatever increase in bond interest rates comes about," said Steven Einhorn, vice chairman of hedge fund Omega Advisors Inc, which invests about $4 billion.

  • WASHINGTON, Nov 17- The U.S. Federal Communications Commission has approved Verizon Communications Inc's $1.8 billion acquisition of Carl Icahn's XO Communications fiber-optic business, an agency order published on Thursday said. Verizon, the No. 1 U.S. wireless service provider, said in February the deal to buy XO Communications would include XO's...

  • FEDERAL COMMUNICATIONS COMMISSION APPROVES VERIZON COMMUNICATION INC'S $1.8 BILLION ACQUISITION OF CARL ICAHN'S XO COMMUNICATIONS: DOCUMENT.

  • NEW YORK, Nov 16- Billionaire activist investor Carl Icahn said the strong rally in U.S. stocks since Donald Trump captured the White House last week might be overdone, but that investors can expect the president-elect to be a consensus builder who can help fix Washington and improve the economy. Now 80, Icahn was an early and prominent supporter of Trump's...

  • NEW YORK, Nov 16- Shares of auto parts maker Federal-Mogul Holdings Corp slid 5 percent on Wednesday, after Carl Icahn told Reuters that Icahn Enterprise LP is considering pulling its $9.25 per share offer for the company. Icahn Enterprises said in September it would buy the remaining 18 percent of Federal-Mogul that it did not already own for $9.25 per share, or...

  • NEW YORK, Nov 16- Carl Icahn, the activist investor who owns over $1.2 billion worth of Herbalife shares, said the stock is cheap, especially now that the cloud of a government investigation has lifted, and that the company will create a lot of jobs. The company is in better shape now, Icahn said, after it agreed to restructure its business and to pay $200 million to the...

  • NEW YORK, Nov 16- Billionaire activist investor Carl Icahn said on Wednesday at the Reuters Global Investment Outlook Summit that the strong rally in U.S. stock markets since President-elect Donald Trump's victory might be overdone. "When it runs up like this, I scale off a little bit," Icahn said. "But that doesn't mean that I am that negative or positive."

  • NEW YORK/ WASHINGTON, Nov 15- President-elect Donald Trump shuffled his transition team again on Tuesday, jettisoning a national security expert and lobbyists from his inner circle as he closed in on naming two loyal Wall Street backers to key economic positions. At the top of his list for senior economic positions are campaign finance chair and Wall Street...

  • Vice President-elect Mike Pence gets into an elevator as he arrives at Trump Tower, November 15, 2016 in New York City.

    An apparent clerical oversight effectively halted the Trump team's ability to coordinate with President Barack Obama's White House.

  • WASHINGTON/ NEW YORK, Nov 15- President-elect Donald Trump closed in on naming two loyal Wall Street backers to key economic positions but jettisoned a national security expert from his inner circle as his transition cleared an initial paperwork snag on Tuesday. Trump, a Republican outsider who won a surprise election victory last week, is considering...

  • WASHINGTON/ NEW YORK, Nov 15- President-elect Donald Trump closed in on naming two early Wall Street backers to key economic positions but jettisoned a national security expert from his transition team on Tuesday, a sign of the premium he places on loyalty as he confronts the task of building his administration. Trump, a Republican outsider who won a surprise...

  • Nov 15- Steve Mnuchin and Wilbur Ross are being considered as President-elect Donald Trump's treasury secretary and commerce secretary, billionaire activist investor Carl Icahn tweeted on Tuesday. Icahn, who supported Republican Trump during his campaign, said in the tweet that he had spoken with Trump. Reuters had previously reported that Mnuchin, a former...

  • NEW YORK, Nov 14- Healthcare stocks, including insurers, have jumped since Donald Trump won the U.S. presidential election last week and some hedge fund managers may see further gains in after making new bets in the sector in the third quarter. Billionaire investor Daniel Loeb's Third Point portfolio invested in insurer Humana Inc during the third quarter,...

  • Billionaire investor Daniel Loeb, who recently told clients that idiosyncratic opportunities have buoyed Third Point's portfolio this year, invested in insurer Humana Inc during the third quarter, according to a new filing. Diamond Hill Capital, Samlyn Capital, P. Schoenfeld Asset Management and Clovis Capital Management also made new bets on the insurer,...

  • Nov 14- Starboard Value LP's quarterly filing on Monday showed more companies in its portfolio under takeover pressure from other activist investors. The New York hedge fund, led by Jeffrey Smith, is known for shaking up boards and pushing companies into mergers and acquisitions, as it did with Internet pioneer Yahoo Inc earlier this year.

  • NEW YORK, Nov 9- Billionaire activist investor Carl Icahn told CNBC on Wednesday that he bought stocks in the overnight market on declines and that Donald Trump's U.S. presidential election win was a "step in the right direction" for the U.S. economy. Icahn also told Bloomberg he had removed some hedging trades last night. Icahn owned a roughly 24 percent stake in...