CNBC's David Faber reports famed investor Carl Icahn has called for a shareholder proposal that calls for Apple to buy back $50 billion in stock. His previous request had been for $150 billion.» Read More
Nov 11- Transocean Ltd said it reached an agreement with Carl Icahn that would see the offshore driller paying out a dividend and reducing the number of board seats, in a move that resolves a months-long proxy battle. As per the agreement, Transocean would pay a $3 dividend, while reducing the maximum number of directors to eleven from fourteen.
*To sell 127,000 acres to Malaysia- controlled Progress Energy. Nov 8- Talisman Energy Inc said it would sell a stake in some of its natural gas assets in British Columbia's Montney field to Malaysia- controlled Progress Energy Canada Ltd for C $1.5 billion as it restructures global operations.
Nov 8- Talisman Energy Inc said it agreed to sell a part of its Montney oil field in northeast British Columbia to Progress Energy Canada Ltd for C $1.5 billion in cash. Talisman Energy has been restructuring its operations to lower costs and boost its share price. Activist investor Carl Icahn has a 6 percent stake in the Canadian oil producer.
CALGARY, Alberta, Nov 6- Talisman Energy Inc said it had no immediate plans to split itself in two despite pressure from activist shareholders looking to boost returns from the restructuring Canadian oil company.
Nov 6- Canadian oil and gas producer Talisman Energy Inc reported a smaller quarterly net loss compared with the year-earlier quarter, when it took a $1.04 billion impairment charge.
SEOUL, Nov 6- Investors are likely to press Samsung Electronics Co on dividends and plans to sustain growth as the world's biggest smartphone maker holds its first analysts' briefing in eight years on Wednesday.
One of the best ways for the on-the-go investor to get Twitter updates is via their mobile device with push notifications. Here's how.
BOSTON/ NEW YORK, Nov 4- After settling criminal charges of insider trading, SAC Capital Advisors hedge fund could operate with as little as one fifth of its roughly 900 employees, but founder Steven A. Cohen's personal fortune is big enough to keep him important on Wall Street.
NEW YORK, Nov 4- Carl Icahn's publicly traded investment vehicle, Icahn Enterprises L.P., reported strong third-quarter results on Monday and the billionaire said now is the best time ever to be an activist investor. Shares of Icahn Enterprises, in which Icahn owns an 89 percent stake, jumped 6.5 percent on Monday to $108.78 and are up 145 percent in 2013..
Nov 1- Ariad Pharmaceuticals Inc adopted a shareholder rights plan to protect its tax credits, a day after sales of its flagship drug Iclusig were suspended due to safety concerns following an investigation by the U.S. health regulator.
*Ariad says working with FDA to find a way to bring drug back. WASHINGTON, Oct 31- Ariad Pharmaceuticals Inc has suspended sales of its leukemia drug Iclusig after an investigation by the U.S. Food and Drug Administration found that a significant number of patients developed life-threatening blood clots or narrowing of the veins.
Bill Ackman is preparing another major presentation on Herbalife, a source says.
NEW YORK, Oct 31- Bill Gross, manager of the world's largest bond fund, urged fellow members of the "privileged 1 percent," earning the highest incomes, to support higher U.S. taxes on carried interest and capital gains to help the economy.
Cliff Robbins, Blue Harbour Group, shares his top stock picks, including Akamai and Chico's FAS.
Most companies are intrigued when we first approach them about unlocking value, says Cliff Robbins, Blue Harbour Group, discussing how he approaches companies as an activist shareholder. And Peter Weinberg, Perella Weinberg Partners, weighs in.
Famed investors like Carl Icahn and Bill Miller consider Apple a "no-brainer." Toni Sacconaghi, Bernstein Research senior analyst, explains why Apple did not have a great quarter.
SAN FRANCISCO, Oct 29- Dell Inc will delist from the Nasdaq at the close of Tuesday's trading, as founder Michael Dell and private equity house Silver Lake complete their controversial $24.9 billion buyout of the struggling PC maker.
Arik Hesseldahl, All Things Digital, and Amit Daryanani, RBC Capital Markets, discuss the bull and bear case for Apple.
Rosabeth Kanter, Harvard Business School, and Jeffrey Sonnenfeld, Yale School of Management, discuss whether talk of Carl Icahn's activism is relevant to the future of the tech giant. "Cook is doing an exemplary job," adds Kanter, sharing her thoughts on Apple's CEO.
Walter Piecyk, BTIG analyst, provides his thoughts on Apple's outlook and what it has to do to gain market share.