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Carl Icahn

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  • Dreiling, who joined Dollar General as CEO in January 2008, has been credited with making the company the top U.S. deep-discount retailer. Dollar General later made a bid for Family Dollar, which had already agreed to be bought by smaller rival Dollar Tree Inc, sparking off a months-long tussle for the No.2 U.S. discount retailer. Family Dollar's shareholders...

  • Disney's expensive fantasy adventure essentially had Memorial Day weekend to itself, and still only pulled in a modest $41.7 million in its first four days in theaters according to Rentrak estimates on Monday. Disney put their full weight behind the Brad Bird- directed film with an ambitious George Clooney- led promotional campaign. Rentrak's Senior Media...

  • ATLANTIC CITY, N.J.— As four Atlantic City casinos shut down last year, those that remained voiced optimism that their own performance would improve. Figures released Friday by the state Division of Gaming Enforcement show the surviving eight casinos saw their gross operating profits rise by 26 percent in the first quarter of this year. "Gaming revenue is up,...

  • NEW YORK, May 21- Billionaire activist investor Carl Icahn said Thursday that mutual funds will increasingly realize that being underweight shares of Apple will hurt their performance. "They are underweight Apple in relation to the index funds, and I think more and more of these funds will realize that's going to hurt their performance in the future as Apple...

  • China's richest man loses $15 billion Thursday, 21 May 2015 | 11:34 AM ET
    Li Hejun, Hanergy Holding Group

    In the history of sudden wealth loss, China's richest man may have set a new record, losing as much as $15 billion in a half-hour.

  • ATLANTIC CITY, N.J.— The crucial summer season will start with three Atlantic City casinos in bankruptcy and one beset by regular pickets and protests. Union members picketed Thursday evening outside the Trump Taj Mahal, in their seventh protest against the casino or soon-to-be-owner Carl Icahn over health insurance and pension benefits canceled by a...

  • BOSTON/ LOS ANGELES, May 20- Four U.S. public pension fund officials on Wednesday warned that McDonald's Corp and other companies may be jeopardizing their own futures by returning excessive amounts of cash to investors via share buybacks. The statement by the fund officials marks the first time in which some of the nation's biggest institutional investors...

  • BOSTON/ LOS ANGELES, May 20- Four U.S. public pension fund officials on Wednesday warned that McDonald's Corp and other companies may be jeopardizing their own futures by returning excessive amounts of cash to investors via share buybacks. The statement by the fund officials marks the first time in which some of the nation's biggest institutional investors...

  • Black: Icahn 'the brilliant investor of our age' Wednesday, 20 May 2015 | 12:47 PM ET
    Leon Black, chairman and chief executive officer of Apollo Global Management

    Carl Icahn was feted by friend and fellow billionaire Leon Black at a charity event for skin cancer.

  • The real test for the Apple Watch   Wednesday, 20 May 2015 | 11:01 AM ET
    The real test for the Apple Watch

    According to 9to5 Mac, Apple CEO Tim Cook promised Apple stores will start carrying the watch by June. Dennis Berman, The Wall Street Journal, weighs in.

  • Icahn talks Apple again   Wednesday, 20 May 2015 | 11:00 AM ET
    Icahn talks Apple again

    Activist investor Carl Icahn says Apple needs more buybacks.

  • May 19- Billionaire activist investor Carl Icahn and Brett Icahn, his son and portfolio manager, on Tuesday stuck to their views that Apple Inc would introduce a television set and a car. Brett Icahn said: "We believe they're going to do a car. Carl Icahn owned about 53 million Apple shares at the end of the first quarter, according to a Securities and Exchange...

  • Icahn: Sad day Peltz didn't win proxy battle   Tuesday, 19 May 2015 | 12:53 PM ET
    Icahn: Sad day Peltz didn't win proxy battle

    David Schechter and Brett Icahn of Sargon Portfolio weigh in on Netflix, and billionaire investor Carl Icahn of Icahn Enterprises, discusses his view on Nelson Peltz and his involvement in a proxy battle with DuPont.

  • Icahn on Hertz: I don't buy stocks to lose money   Tuesday, 19 May 2015 | 12:52 PM ET
    Icahn on Hertz: I don't buy stocks to lose money

    Billionaire investor Carl Icahn of Icahn Enterprises, discusses his thoughts on Hertz.

  • Icahn: Lyft, risky but compelling investment   Tuesday, 19 May 2015 | 12:47 PM ET
    Icahn: Lyft, risky but compelling investment

    Billionaire investor Carl Icahn of Icahn Enterprises, weighs in on the American transportation network company, Lyft, and says it will survive.

  • Carl Icahn: Apple should buy back more shares Tuesday, 19 May 2015 | 12:43 PM ET
    Carl Icahn

    In a Monday letter, major Apple shareholder Icahn valued the tech giant at $240 per share, nearly double its current price.

  • Icahn: I will definitely be wearing an Apple Watch   Tuesday, 19 May 2015 | 12:34 PM ET
    Icahn: I will definitely be wearing an Apple Watch

    Billionaire investor Carl Icahn of Icahn Enterprises, discusses the Apple Watch with David Schechter and Brett Ichahn of Sargon Portfolio.

  • Icahn: Apple will do a TV   Tuesday, 19 May 2015 | 12:34 PM ET
    Icahn: Apple will do a TV

    Billionaire investor Carl Icahn joins FMHR to weigh in on his outlook for Apple.

  • Massive opportunities ahead for Apple: Pro   Tuesday, 19 May 2015 | 12:34 PM ET
    Massive opportunities ahead for Apple: Pro

    David Schechter, Sargon Portfolio, gives insight to what he forecasts for Apple's future. Brett Icahn, Sargon Portfolio, believes Apple will come out with a car and a TV.

  • Carl Icahn on Apple: It's a 'no-brainer'   Tuesday, 19 May 2015 | 12:29 PM ET
    Icahn: No brainer, AAPL should buy a great deal more stock

    Carl Icahn joins FMHR to weigh in on his letter to encourage buybacks.