Hedge Funds Carl Icahn

  • Chairman Frank MacInnis, Keith Meister and Eric Mandelblatt were among the directors to step down, according to the sources. Meister and Mandelblatt run two of the company's largest investors, hedge funds Corvex Management LP and Soroban Capital Partners, respectively. Ralph Izzo, Steven Nance and Laura Sugg also stepped down from the board, two of the sources...

  • BOSTON, June 30- Chesapeake Partners, a $1.4 billion hedge fund that bet on special situations including mergers, bankruptcies and spin-offs, is shutting down after an 18- month stretch of losses, as it blamed government regulation for making investing tougher. Founders Traci Shanbrun Lerner and Mark Lerner, in a June 27 letter to investors, which was seen by...

  • Carl Icahn

    Xerox gained nearly 2 percent after the firm added Jonathan Christodoro, managing director of Icahn Capital, to its board of directors.

  • Stocks to Watch: June 28, 2016

    Dow Chemical, Xerox and Volkswagen are making headlines this morning before the opening bell.

  • Carl Icahn

    Xerox has named the managing director of Icahn Enterprises unit Icahn Capital, has been appointed to the company's board of directors.

  • Carl Icahn

    Shares of Federal-Mogul climbed more than 7 percent on an increased offer.

  • Carl Icahn at Delivering Alpha 2015 in New York.

    Investor Carl Icahn's company upped its bid for the rest of auto supplier Federal-Mogul's stock that it does not currently own.

  • June 16- Workers at four casinos in Atlantic City, New Jersey's gambling hub, voted overwhelmingly on Thursday to authorize a strike if they are not offered what they consider to be a fair contract by the start of the busy July 4 holiday weekend. A strike vote could give Unite Here Local 54 bargaining committees more firepower in negotiations over new contracts...

  • Casino workers protest outside the Tropicana casino in Atlantic City, N.J., May 6, 2016.

    A strike vote could give Unite Here Local 54 bargaining committees more firepower in negotiations over new contracts for 6,000 workers.

  • June 16- Workers at four casinos in Atlantic City, New Jersey's gambling hub, voted overwhelmingly on Thursday to authorize a strike if they are not offered what they consider to be a fair contract by the start of the busy July 4 holiday weekend. A strike vote could give Unite Here Local 54 bargaining committees more firepower in negotiations over new contracts...

  • June 16- Workers at four casinos in Atlantic City, New Jersey's gambling hub, turned out to vote on Thursday on whether to authorize a strike if they are not offered what they consider to be a fair contract by the start of the busy July 4 holiday weekend. "We've taken care of the companies over the years so we feel it's time that they give back to us now," said Chuck Baker, a...

  • June 16- Workers at four casinos in Atlantic City, New Jersey's gambling hub, turned out to vote on Thursday on whether to authorize a strike if they are not offered what they consider to be a fair contract by the start of the busy July 4 holiday weekend. "We've taken care of the companies over the years so we feel it's time that they give back to us now," said Chuck Baker, a...

  • Four Atlantic City casinos closed in 2014 and remain shuttered, in part because of gambling competition from neighboring states. Atlantic City casino revenues increased 2.7 percent to $802.6 million in the first quarter of 2016, according to state data. Thursday's strike vote pertains to the Tropicana casino and two properties, Caesars Atlantic City and...

  • LONDON, June 15- Activist investors Carl Icahn and John Paulson are making American International Group more transparent through their representation on its board, the U.S. insurer's president and chief executive Peter Hancock said on Wednesday. Hedge fund manager Paulson and Samuel Merksamer, a managing director at Icahn Capital, joined the AIG board last...

  • Building blocks, construction, constructive

    Despite Friday’s sell-off, Jim Cramer says he is “more constructive than most” on the market.

  • Valeant

    Valeant's underlying assets are not fairly valued by the market and it is capable of making a turnaround, says Rodman & Renshaw's Raghuram Selvaraju.

  • Businessman with headphones

    Jim Cramer cautioned investors from following billionaires like George Soros. He's already rich!

  • Carl Icahn and George Soros

    We might be at the very end of this economic cycle, and Carl Icahn and George Soros signaled it, BlackRock's Jeff Rosenberg says.

  •  Gold miner, gold nugget

    The VanEck Vectors Gold Miners ETF traded higher Thursday after billionaire George Soros said he bought gold and gold miners.

  • Big money bets on gold

    CNBC's Dominic Chu reports on bearish comments on gold by George Soros and Carl Icahn.