Herbalife CEO, Michael Johnson, talks about the FTC investigation and Bill Ackman accusations in a recent interview with Los Angeles Magazine.» Read More
CNBC's Jim Cramer discusses Carl Icahn's open letter to Apple CEO Tim Cook.
The "Squawk on the Street" crew discusses Carl Icahn's open letter to Apple CEO Tim Cook where Icahn asked Apple to make a tender offer for shares on the belief that the stock is undervalued.
Oct 9- Billionaire activist investor Carl Icahn urged Apple Inc's board to start a tender offer to repurchase shares using a part of its $133 billion cash pile. "We believe Apple is dramatically undervalued in today's market, and the more shares repurchased now, the more each remaining shareholder will benefit...," Icahn said in a letter to Apple's board.
Leon Cooperman, founder of hedge fund firm Omega Advisors, also tells CNBC that the stock market is fully valued and that it's not surprising to see volatility.
Carl Icahn has sent a letter to Apple CEO Tim Cook, saying the company's stock is massively undervalued. Leon Cooperman, Omega Advisors Chairman and CEO, provides perspective.
Carl Icahn will be sending an open letter to Apple CEO Tim Cook on Thursday, the activist investor said on Twitter.
Carl Icahn's tweet about Apple had options traders racing to get in on Nuance. Here's why.
Discussing Carl Icahn's activist behavior, with Brian Blair, Rosenblatt Securities, and Invemed Associates chairman and president Ken Langone.
Carl Icahn said he would be sending an "interesting" open letter to Apple CEO Tim Cook. Brian Blair, Rosenblatt Securities, thinks Icahn will suggest the company separate its iTunes unit.
Harsh comments by Marc Andreessen, co-founder of Andreessen Horowitz, on Carl Icahn. Also, the "Squawk Box" crew discuss Icahn's tweet about a coming "interesting" open letter to Apple CEO Tim Cook.
Marc Andreessen criticizes billionaire investor Carl Icahn, likening him to an "evil Capitan Kirk."
More Silicon Valley companies will likely split in the next five years, Marc Andreessen says.
Oct 8- Billionaire activist investor Carl Icahn tweeted on Wednesday, saying he would send an open letter to Apple Inc on Thursday. The investor has in the past urged Apple to return more of its cash to shareholders and pressured the company to raise its stock buyback and dividend. Apple shares were up 2 percent at $100.73 in late afternoon trading.
TORONTO, Oct 7- U.S. billionaire investor Wilbur Ross is looking at investing in the Canadian and U.S. energy sectors, betting a long-term recovery in oil prices will boost the fortunes of small and mid-cap companies whose shares have been battered since June. Ross, who made his name by snapping up out-of-favor assets ranging from banks to textile firms, told...
Hewlett-Packard, eBay, Barnes & Noble—the rash of spinoff announcements has been dizzying. Should investors cheer on for more or take caution?
Oct 7- An affiliate of Brookfield Asset Management got court approval to buy Atlantic City, New Jersey's shuttered Revel Casino Hotel for $110 million in cash on Tuesday after a judge rejected complaints the auction for the bankrupt complex was tainted. "I have heard evidence to satisfy me that the sale to Brookfield should be confirmed," said U.S. Bankruptcy...
Oct 3- The Trump Taj Mahal casino failed on Friday to get immediate court approval to end its union pension obligations, a key condition for a $100 million rescue plan backed by billionaire investor Carl Icahn. The setback may be only temporary for Trump Entertainment Resorts Inc, bankrupt owner of the Taj Mahal. Bankruptcy Judge Kevin Gross in Wilmington,...
Oct 3- Trump Taj Mahal failed on Friday to get approval from a U.S. Bankruptcy judge to end payments to the casino's union pension fund, which had been a key condition for a Carl Icahn- backed deal to rescue the gambling complex in Atlantic City, New Jersey. Bankruptcy Judge Kevin Gross in Wilmington, Delaware, said he lacked authority to allow Trump Entertainment...
CNBC's Jane Wells asked Wynn Resorts Chairman and CEO Steve Wynn, what will happen with the unfinished Fontainebleau casino resort on the Las Vegas Strip.
Sept 30- EBay Inc agreed on Tuesday to spin off its payments unit, PayPal, in the second half of 2015, after rebuffing activist investor Carl Icahn's proposal in January. Following are comments by eBay Chief Executive John Donahoe on PayPal spinoff since then:.