It's Talking Squawk, the official "Squawk Box" blog, this week with Bill Miller on bitcoin, a truce between eBay and Carl Icahn, and Sam Zell on taxes.» Read More
Oct 24- Billionaire investor Carl Icahn, in a public letter to Apple Inc. Chief Executive Tim Cook on Thursday, urged Apple to start an immediate tender offer of $150 billion.
Oct 24- Billionaire investor Carl Icahn said he would withhold his shares of Apple Inc from a $150 billion buyback that he has proposed for the iPhone maker. "There is nothing short-term about my intentions here," Icahn wrote in a letter to Apple Chief Executive Tim Cook dated Oct. 23 and published on Thursday.
CNBC's David Faber reveals Carl Icahn is calling for an immediate tender offer for $150 billion worth of its stock at $525 per share.
CNBC's David Faber and Jim Cramer say it's extremely unlikely Apple will accept Carl Icahn's call for a tender offer.
Oct 23- Billionaire investor Carl Icahn is so convinced he was right to sell some of his Netflix Inc stake that he made a big bet- possibly worth hundreds of millions of dollars- with his son Brett, who disagreed with the decision.
*Caterpillar falls after results, chipmakers also drop. NEW YORK, Oct 23- U.S. stocks fell on Wednesday as shares of heavy-equipment maker Caterpillar and semiconductor companies tumbled after they reported earnings, ending the S&P 500' s four-session streak of record high finishes.
CNBC's Scott Wapner reports that Carl Icahn has sent a letter to Apple CEO Tim Cook in which he continues to press his case for a big stock buyback and offers to make some kind of "pledge" to the company.
CNBC contributor Ron Insana reacts to Carl Icahn's strong case for a big buyback at Apple.
*Caterpillar falls after results, chipmakers also drop. NEW YORK, Oct 23- U.S. stocks fell on Wednesday as shares of Caterpillar and a group of chipmakers tumbled after they reported earnings, putting the S&P 500 on course to snap a four-session streak of record highs.
"Apple is about building great products, great experiences," Apple's former CEO John Sculley says.
Oct 23- Delaware's legal industry suffered a blow when a federal court found on Wednesday the state violated the U.S. The U.S. Court of Appeals for the Third Circuit found private arbitrations overseen by a sitting judge on Delaware's highly respected Court of Chancery violated the First Amendment of the U.S.
CNBC's Sue Herera and Bob Pisani, and Ken Polcari of O'Neil Securities discuss discipline and finding a coherent exit strategy. "You can never be criticized for taking a profit," Polcari says.
After the big run by Netflix and seeing Carl Ichan take huge profits, CNBC's Tyler Mathisen and Dominic Chu discuss when it's a good time to pocket your winnings.
LOS ANGELES, Oct 23- Shareholder activists come in different flavors. One is the deep-pocketed investor, such as Carl Icahn or Dan Loeb, who takes big stakes in companies and forces management to change strategy.
Happy Wednesday. Just like the Federal Reserve, there's no tapering here, either, so it's a full six-pack for your reading pleasure.
NEW YORK, Oct 22- Billionaire investor Carl Icahn has cashed in big on Netflix Inc, taking advantage of a 457 percent gain in its shares since he bought more than 9 percent of the streaming video company only 14 months ago.
"You have the ability to buy a stock that may not be out of momentum," Steve Grasso says.
*Full-year adjusted earnings forecast $0.95- $1.15/ share vs. est $0.96. Oct 22- Forest Laboratories Inc's new chief executive signaled strategic changes that will help the drugmaker focus on multiple new growth areas as it prepares to lose patent protection on another of its top-sellers.
*Full-year adjusted earnings forecast $0.95- $1.15/ share vs. est $0.96. Oct 22- Forest Laboratories Inc reported quarterly earnings that were twice what analysts expected due to strong sales of its Alzheimer's disease and depression drugs and lower spending on research and development.
Netflix has now become the fifth most-watched television network in the United States, BTIG media analyst Richard Greenfield told CNBC.