Bill Ackman fired his latest shot at Herbalife Tuesday, but the company's stock mostly rose during the investor's presentation.» Read More
NEW YORK— The monkey business is a good business to be in at the box office. The 20th Century Fox sequel easily surpassed the $54.8 million opening to 2011' s "Rise of the Planet of the Apes," the reboot of the fabled chimp franchise.
July 12- The Trump Plaza Hotel in Atlantic City could shut its doors in September and lay off 1,000 workers, a local newspaper reported, in what could make it the fourth casino to close this year in the faltering New Jersey resort city.
The lawsuit, filed in U.S. District Court in Manhattan, claims that shareholders suffered losses after Lions Gate, which also produces TV shows such as "Mad Men," on March 13 agreed to pay $7.5 million and admit wrongdoing to settle the probe by the U.S. Securities and Exchange Commission.
The lawsuit claims shareholders suffered losses after Lions Gate agreed to pay $7.5 million and admit wrongdoing to settle an SEC probe.
According to Reuters, Carl Icahn said it is time to be cautious about the U.S. stock markets. One day after undergoing hand surgery, CNBC's Jim Cramer shares his opinions on the current market environment.
*Lumber Liquidators tumbles after revised outlook. NEW YORK, July 10- U.S. stocks dropped on Thursday as concerns about the financial health of Portugal's top listed bank gave investors a reason to cash in recent gains.
Billionaire activist investor Carl Icahn said on Thursday that it is time for investors to tread carefully after the run-up in U.S. stock markets.
July 10- Discount retailer Family Dollar Stores Inc, under pressure from activist investor Carl Icahn to sell itself, said its profit fell by a third as the company cleared inventory ahead of planned store closures and competition intensified.
While you might not know their names now, you will. They are five hedge fund stars of the future as identified by Institutional Investor.
The "Squawk on the Street" crew breaks down Family Dollar's first earnings report since investor Carl Icahn pushed for the sale of FDO last month.
July 10- Discount retailer Family Dollar Stores Inc, under pressure from activist investor Carl Icahn to sell itself, said its profit fell by a third as the company cleared inventory ahead of store closures and competition intensified.
MATTHEWS, N.C.— Family Dollar's third-quarter profit declined more than 33 percent as the discount store seeks firmer footing in an industry that has grown intensively competitive. Last month activist investor Carl Icahn urged Family Dollar to put itself up for sale, saying its performance is weakening and it faces mounting competition.
Family Dollar's earnings fell by a third as the company resorted to discounts to clear inventory and competition intensified.
July 10- Discount retailer Family Dollar Stores Inc's quarterly profit fell by a third as the company resorted to discounts to clear inventory and competition intensified.
Think you know all there is to know about Twitter? Think again.
June 27- Steven A. Cohen's SAC Capital reached an agreement with U.S. securities regulators on Friday for the once-powerful hedge fund to no longer be an investment adviser, following the firm's guilty plea to insider trading charges last year.
June 27- Dollar General Corp said CEO Rick Dreiling will retire next year, throwing into doubt a proposal by Carl Icahn to merge the discount retailer with Family Dollar Stores Inc.. Dollar General's shares fell as much as 8 percent and Family Dollar's as much as 4 percent in morning trading on Friday.
June 27- Dollar General Corp said Chief Executive Rick Dreiling would retire next year after about seven years at the helm, sending the discount retailer's shares down 7 percent.
June 27- Dollar General Corp said Chief Executive Rick Dreiling would retire effective May 30, 2015 or upon the appointment of a successor. Dreiling, 60, has served as the discount retailer's CEO since January 2008.
June 23- U.S. authorities have sought information from Dean Foods Co and Clorox Co in connection with an insider-trading investigation of billionaire investor Carl Icahn, the Wall Street Journal reported, citing people familiar with the matter.