When Carl Icahn put together an elaborate presentation on why he thought the stock market was in trouble, investors took notice — and started buying.» Read More
But the stock climbed further after the billionaire investor disclosed the stake in a filing with the U.S. Securities and Exchange Commission, and said that he plans to speak with Freeport and may seek board representation. Freeport is undervalued, Icahn said in the filing, and he intends to address "executive compensation practices and capital structure as...
Shares of Freeport-McMoRan moved after activist investor Carl Icahn disclosed an 8.5 percent stake in the mining stock. The FM traders discuss the trade.
Check out the companies making headlines after the bell Thursday: Freeport-McMoRan, Splunk, GameStop & more.
Activist investor Carl Icahn became the top shareholder in mining company Freeport-McMoRan.
CNBC's Dominic Chu reports on the large moves in shares of Freeport-McMoRan.
Jim Cramer gives his take on caller favorite stocks at lightning speed, including this boozy stock.
Aug 24- Cheniere Energy Inc, on track to be the first U.S. company to enable the export of liquefied natural gas, named two Icahn Capital LP managing directors to its board, days after activist investor Carl Icahn took a stake in the company. Cheniere said on Monday it appointed Jonathan Christodoro and Samuel Merksamer to its board, increasing the size to 11..
Aug 24- Liquefied natural gas company Cheniere Energy Inc named two Icahn Capital LP managing directors to its board, days after activist investor Carl Icahn reported a stake in the company. Cheniere said on Monday it appointed Jonathan Christodoro and Samuel Merksamer to its board. Icahn reported an 8.2 percent stake in Cheniere earlier this month, calling...
NEW YORK, Aug 14- Top U.S. hedge funds made bullish bets on the energy sector in the second quarter even as companies' shares began a slide toward multi-year lows on concerns about oversupply, regulatory filings showed on Friday. Hedge funds such as Baupost Group, Magnetar Capital and Jana Partners increased or took new stakes in energy shares over the second...
Investing in gambling? Shares of PENN, a domestic casino company on the move, stand out with the rest of the industry in flux.
Hedge funds such as Baupost Group, Magnetar Capital and Jana Partners increased or took new stakes in energy shares over the second quarter, a period when the S&P 500 energy index lost 2.6 percent. Seth Klarman's Baupost increased its stake in Cheniere Energy by 1.5 million shares over the quarter, leaving it with 15.4 million shares, and raised its bet on Pioneer...
Dean Foods' ex-chair subject of alleged insider trading investigation with possible links to golfer Phil Mickelson.
A representative for Icahn did not immediately respond to a request for a confirmation.
Carl Icahn discloses an 8.2% stake in Cheniere Energy.
Check out the companies making headlines after the bell Thursday: Noodles, Nvidia, Sprouts & more.
Billionaire investor Carl Icahn may seek board representation in Cheniere Energy, reports CNBC's Dominic Chu.
Motorola Solutions hopes a $1B investment from its new partner Silver Lake can help revive business, the New York Times reports.
NEW YORK, Aug 2- Shareholders in the AdvisorShares Peritus High Yield ETF who sold in late 2014 are probably not the last to pay up for liquidity risk, a growing hazard for some fixed-income investors bracing for the first Federal Reserve interest rate hike in nearly a decade. Fixed-income high yield ETFs have grown to $37 billion in assets, up from about $10...
Hillary Clinton decried the effects of some activist investors, calling out firms that have seen involvement from Carl Icahn and others.
Hillary Clinton's plans to tax some short-term investments at higher rates.