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Carl Icahn

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  • 'Guardians' retakes box office, tops summer films Sunday, 24 Aug 2014 | 12:11 PM ET

    NEW YORK— "Guardians of the Galaxy" became the summer's top-grossing movie at the North American box office with a $17.6 million weekend that narrowly bested the young adult melodrama "If I Stay," while the long-delayed "Sin City" sequel, "A Dame to Kill For," flopped.

  • Hormel Foods and Hertz are big market movers Thursday, 21 Aug 2014 | 4:23 PM ET

    NEW YORK— Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq Stock Market:. Hormel Foods Corp., up $2.06 to $49.92. Hertz Global Holdings Inc., down 23 cents to $30.10.

  • "It's clearly time to move past denial and swiftly to install great leadership for a great company like Hertz," Fir Tree said in a statement. Fir Tree has so far been alone in going public with complaints about Hertz' leadership, voicing the increasing frustration with Frissora that other investors privately say they share.

  • UPDATE 1-EBay considering PayPal spinoff - report Thursday, 21 Aug 2014 | 1:01 PM ET

    Aug 21- EBay Inc is considering a spinoff of PayPal, its fast-growing payments unit, as soon as next year, tech news website The Information reported, citing sources. EBay told potential candidates for the position of PayPal chief executive officer, a post that David Marcus vacated in June, about a possible spinoff of the payments unit, the website reported.

  • Aug 21- Family Dollar Stores Inc rejected a $9 billion buyout offer from Dollar General Corp and issued a sharp rebuke to accusations its CEO favors a smaller bid from Dollar Tree Inc because it would allow him to keep his job.

  • EBay considering spinning off Paypal - report Thursday, 21 Aug 2014 | 11:32 AM ET

    Aug 21- EBay Inc is considering spinning out its fast-growing payments unit PayPal as soon as next year, news website The Information reported, citing sources. EBay shares were up 5 percent at $56.08 on the Nasdaq. EBay Chief Executive John Donahoe has consistently said that PayPal was integral to eBay's business and a split would not make sense.

  • Family Dollar rejects Dollar General offer Thursday, 21 Aug 2014 | 8:22 AM ET

    Family Dollar has rejected a takeover bid from dollar-store competitor Dollar General, saying it would be too hard for the deal to pass antitrust regulators.

  • Aug 21- Dollar General Corp questioned whether Family Dollar Stores Inc Chief Executive Howard Levine was being driven by self-interest in his support of a proposed takeover of his company by Dollar Tree Inc..

  • Last year Hertz adopted a so-called poison pill to prevent any one shareholder from gaining control of the company as activist investors began circling.

  • Icahn reveals stake in Hertz, plans to push management Wednesday, 20 Aug 2014 | 5:04 PM ET

    BOSTON, Aug 20- Billionaire investor Carl Icahn said on Wednesday that he owns an 8.5 percent stake in Hertz Global Holdings Inc and plans to pressure the rental car company's management over accounting issues and operational failures.

  • Icahn discloses Hertz stake, plans talks with co. Wednesday, 20 Aug 2014 | 4:54 PM ET

    NEW YORK— Activist investor Carl Icahn has taken an 8.5 percent stake in Hertz, saying he plans to have talks with the rental car company and may seek representation on its board. In a filing with the Securities and Exchange Commission, Icahn said he wants to talk about accounting issues, operating problems and his lack of confidence in company management.

  • Apple's stock bounces back to hit a new high Wednesday, 20 Aug 2014 | 10:10 AM ET
    The Apple logo is displayed at the Upper West Side Apple store in New York.

    Apple's stock touched a new high, reflecting renewed faith in CEO Tim Cook's ability to outwit competition and expand the technological hit factory.

  • Apple's stock bounces back to hit a new high Wednesday, 20 Aug 2014 | 9:41 AM ET

    SAN FRANCISCO— Apple's stock touched a new high Wednesday, reflecting investors' renewed faith in CEO Tim Cook's ability to outwit the competition and expand the technological hit factory built by the late Steve Jobs.

  • Icahn has pushed Family Dollar to sell itself to Dollar General and has been openly critical of Family Dollar Chief Executive Howard Levine, who would have retained his position after an acquisition by Dollar Tree.

  • Icahn: Family Dollar board had duty to shareholders Tuesday, 19 Aug 2014 | 1:34 PM ET
    Carl Icahn

    Family Dollar wouldn't have been acquired without his prodding, activist investor Carl Icahn says.

  • Icahn Enterprises Chairman Carl Icahn, discusses the bidding war for Family Dollar, and Chief Executive Howard Levine's handling of the takeover bids. "This wasn't going to happen at this company if we hadn't appeared," he says.

  • Icahn: Family Dollar Levine's ego was involved     Tuesday, 19 Aug 2014 | 12:16 PM ET

    Dollar General made a competing bid for Family Dollar on Monday trumping the offer by Dollar Tree. Icahn Enterprises Chairman Carl Icahn, says he had a friendly dinner with Family Dollar Chief Executive Howard Levine and some of his board, in which the company claimed Icahn is to blame Dollar General wasn't interested.

  • Why Dollar General will win Family Dollar     Monday, 18 Aug 2014 | 9:03 AM ET

    CNBC's David Faber provides insight on Dollar General's bid for Family Dollar. Faber explains why he expects the deal to be rejected by Family Dollar at first.

  • What Cramer likes about Family Dollar bid     Monday, 18 Aug 2014 | 9:01 AM ET

    CNBC's Jim Cramer discusses Dollar General's offer to buy rival retailer Family Dollar in a transaction valued at $9.7 billion.

  • Aug 18- Dollar General Corp offered to buy Family Dollar Stores Inc for $8.95 billion, trumping an offer by Dollar Tree Inc, to strengthen its position as the No. 1 U.S. discount retailer. Both Dollar General and Dollar Tree have some capacity to go a little bit higher with the offer price, " Telsey Advisory Group analyst Joseph Feldman said.