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Carl Icahn

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  • Swisher talks Icahn's Lyft bet, Netflix & AOL   Friday, 15 May 2015 | 11:02 AM ET
    Swisher talks Icahn's Lyft bet, Netflix & AOL

    Shares of Netflix are rallying after reports the company is in talks with Jack Ma-led "Wasu Media" about bringing content to China. Re/code's Kara Swisher, discusses Netflix, as well as news Icahn is investing in Lyft and the Verizon-AOL deal.

  • May 15- Ride-sharing company Lyft Inc said it raised $150 million, led by a $100 million investment from activist investor Carl Icahn's Icahn Enterprises LP.

  • Icahn invests $100 million in Lyft   Friday, 15 May 2015 | 10:03 AM ET
    Icahn invests $100 million in Lyft

    Billionaire investor Carl Icahn is happy to announce his firm is investing in Lyft.

  • Icahn invests $100M in ride-sharing company Lyft Friday, 15 May 2015 | 10:02 AM ET
    Lyft mustache logo

    Lyft, the San Francisco-based ride-sharing company, announced Friday it had secured $100 million in funding from investor Carl Icahn.

  • Intel just scolded eBay's CEO (sort of) Thursday, 14 May 2015 | 4:59 PM ET
    John Donahoe, president and chief executive officer of eBay Inc.

    Intel told eBay CEO John Donahoe that he needs to show up at more board meetings. After a busy 2014, this year is off to a better start.

  • PayPal will list on the Nasdaq later this year Thursday, 14 May 2015 | 2:49 PM ET

    PayPal, which was founded in 1998, previously traded on the Nasdaq in 2001 under the same ticker, before being acquired by eBay in 2002.. Dan Schulman, who will become CEO and president of PayPal when it spins off from eBay, said in a statement Thursday that the ticker "represents our unbroken commitment to the spirit of the original vision that sparked the launch of...

  • Internet gambling revenue increases after a slow start Wednesday, 13 May 2015 | 2:13 PM ET

    ATLANTIC CITY, N.J.— Internet gambling revenue is showing some encouraging gains in New Jersey after a fairly slow start. Revenue figures released Wednesday by the state Division of Gaming Enforcement show Atlantic City's casinos won $12.6 million from customers gambling online in April, up more than 11 percent compared to a year ago. Overall, including...

  • BOSTON, May 12- A union representing workers in New Jersey gambling hub Atlantic City said on Tuesday it asked the state's top prosecutor to investigate Herbalife Ltd, saying it is worried the nutrition supplements company could "prey" on unemployed workers in the casino industry. Unite Here Local 54 is the latest group to ask officials across the United States...

  • 'Avengers 2' won't stop beating up competition Sunday, 10 May 2015 | 3:25 PM ET
    A scene from "Avengers: Age of Ultron"

    The Avengers sequel topped the domestic box office for the second weekend in a row with an estimated $77.2 million according to data.

  • NEW YORK, May 4- Billionaire hedge fund manager David Einhorn, who often moves a stock simply by speaking its name, on Monday kicked off the year's most prominent investment conference by laying out a case against oil frackers, arguing these companies drill "lots and lots of holes" and burn through plenty of cash. Einhorn, who often unveils so-called short-bets...

  • NEW YORK, May 4- Billionaire hedge fund manager David Einhorn kicked off the 20th annual Sohn Investment Conference in New York on Monday by laying out his case against oil frackers, arguing that these companies drill "lots and lots of holes" and burn through plenty of cash. Activist investor Barry Rosenstein discussed two investment ideas that were already well...

  • 'Avengers' sequel 2nd biggest US open of all time Monday, 4 May 2015 | 7:33 AM ET
    The Avengers unite against Ultron in the film “Avengers: Age of Ultron.”

    "Avengers: Age of Ultron" sequel failed to top the all-time record of the first film's $207.4 million debut in 2012.

  • April 29- Ariad Pharmaceuticals Inc said Chief Executive Harvey Berger would retire as part of a deal to settle its proxy battle with largest shareholder Sarissa Capital Management. Ariad's shares were up 4 percent at $9.22 in premarket trading. Sarissa, an activist fund run by investor Carl Icahn's former healthcare lieutenant, Alex Denner, holds a 6.85...

  • Ariad CEO to retire in deal with activist Sarissa Wednesday, 29 Apr 2015 | 7:10 AM ET
    A chemist works in the lab of Ariad Pharmaceuticals.

    Ariad Pharmaceuticals' CEO will retire this year in a settlement with hedge fund Sarissa Capital, capping months of agitation.

  • Icahn says Apple still undervalued Tuesday, 28 Apr 2015 | 11:59 AM ET

    April 28- Apple Inc remains undervalued and misunderstood, activist investor Carl Icahn tweeted, even as the company posted stellar quarterly results on Monday. Apple beat Wall Street's revenue and profit forecasts on Monday as it sold more iPhones in China than the United States for the first time. The most valuable publicly traded U.S. company also raised its...

  • April 21- Gannett Co Inc, publisher of USA Today, reported a better-than-expected profit as revenue from its digital business soared. Gannett said in August that it would spin off its print operations, including USA Today, joining a host of media companies separating slower-growing publishing assets from TV and digital properties. Net income attributable to...

  • Why I agree with Larry Fink: Humana CEO Tuesday, 14 Apr 2015 | 4:52 PM ET
    Bruce Broussard, CEO, Humana

    Humana CEO Bruce Broussard agrees that investing long term is more important for companies than returning capital to shareholders.

  • 'Furious 7' burns box office rubber, sets record Sunday, 12 Apr 2015 | 2:40 PM ET
    Scene from the Fast and the Furious

    "Furious 7" maintained speed in its 2nd week, earning $60.6 million and bringing its box-office haul to $252.5 million.

  • Why this new trend is bad for bonds Thursday, 9 Apr 2015 | 12:05 AM ET
    Bill Ackman appears on CNBC's "Squawk Box" in New York.

    After two record-setting years in a row, activists are back at it again only in even bigger numbers this year, according to a Moody's report.

  • Cramer: Beware activists! Beat 'em at their game Wednesday, 8 Apr 2015 | 6:34 PM ET
    Pedestrians walk passed The Children's Place retail toy store in downtown Boston.

    Jim Cramer warns investors about activists, and gives the best approach to make money from an activist stock.