Carl Icahn
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Netflix shares had fallen amid speculation that Carl Icahn could be selling the stock -- but Icahn denied the rumors.
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Speaking bluntly, Ackman, who sits on the JC Penney board and whose $12 billion Pershing Square Capital Management is the company's largest shareholder, said big mistakes have been made remaking the 110 year-old retail brand.
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Blackstone Group will visit Dell's headquarters to begin an in-depth analysis of the company, sources said, a strong sign the buyout firm is proceeding with an offer that could upset founder Michael Dell's $24.4 billion buyout bid.
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Speaking bluntly, Ackman, who sits on the JC Penney board and whose $12 billion Pershing Square Capital Management is the company's largest shareholder, said big mistakes have been made remaking the 110 year-old retail brand.
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Netflix shares had fallen amid speculation that Carl Icahn could be selling the stock -- but Icahn denied the rumors.
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*CVR Energy, HollyFrontier vulnerable to higher RIN costs. CVR Energy Inc and HollyFrontier Corp, inland refiners with limited capacity to blend biofuels into the pipeline, are suffering from a jolt to investor confidence while stocks of their coastal peers continue a two-year upward march.
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Shares of Nuance Communication closed almost 6 percent higher on Tuesday after activist investor Carl Icahn disclosed a 9.27 percent passive stake in the software company. So what's the appeal for Icahn?
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Nuance makes the Siri technology for Apple and is the leader in speech recognition technology. CNBC's Julia Boorstin and Daniel Ives, FBR Capital Markets, offer insight on the stock after Icahn unveiled a stake.
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Nuance is the leader in speech recognition technology, reports CNBC's Julia Boorstin. In addition to Siri, Nuance also makes Dragon Speech.
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NEW YORK-- Shares of Nuance Communications Inc. rose Tuesday on news that billionaire investor Carl Icahn has accumulated a 9.3 percent stake in the voice-recognition technology company. THE SPARK: Icahn's interest in Nuance was disclosed in a Monday regulatory filing.
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Billionaire investor Carl Icahn has taken a 9.27 percent passive stake in speech recognition and digital imaging software maker Nuance Communications.
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*Tesla Motors rallies after profit outlook. Portfolio manager Will Danoff, whose $92 billion Fidelity Contrafund is the largest active shareholder in Apple, cut the fund's stake in the iPhone maker by 10 percent during the first two months of 2013..
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*Tesla Motors rallies after profit outlook. "The economy is still improving ever so slowly, so I think there's room for the market to go up," said Bryant Evans, investment advisor and portfolio manager at Cozad Asset Management, in Champaign, Illinois.
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Dell is saying proposals from both Blackstone and Carl Icahn are risky, and Napster creator & Facebook co-founder Sean Parker is preparing for a medieval-themed wedding. CNBC's Bob Pisani and John Carney, discuss.
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*Tesla Motors rallies after profit outlook. NEW YORK, April 1- U.S. stocks declined on Monday, with both the Dow and the S&P 500 retreating from record closing highs the previous session after weaker-than-expected U.S. manufacturing data.
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*Tesla Motors rallies after profit outlook. NEW YORK, April 1- U.S. stocks fell modestly on Monday after weaker-than-expected U.S. manufacturing data and the Dow and S&P 500 slipped from record closing highs reached on Thursday. The Institute for Supply Management's March reading on manufacturing came in at 51.3, down from analysts' average forecast of 54.2.
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NEW YORK, April 1- U.S. stock index futures pointed to a flat open on Monday, with investors finding few reasons to keep pushing stocks higher with both the Dow and S&P 500 coming off record closing highs.
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*Both S&P 500 and Dow ended last week at all-time closing highs. NEW YORK, April 1- U.S. stock index futures were flat on Monday after the S&P 500 index set a record closing high on Friday and investors waited for a report on U.S. manufacturing, a major component of economic growth.
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*Tesla Motors rallies after profit outlook. NEW YORK, April 1- U.S. stocks declined on Monday after weaker-than-expected U.S. manufacturing data gave investors reason to book profits after both the Dow and S&P 500 set record closing highs in the prior session.
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Dell warned on Friday that it would be dangerous to take on a lot of debt and remain a public company given its worsening profit outlook, in a sign that it views proposals from Blackstone Group and billionaire investor Carl Icahn as fraught with risk.
