It's time for the Lightning Round. Cramer makes the call on viewer favorites.» Read More
E-commerce auction house eBay became a darling among top U.S. hedge funds in the fourth quarter just before billionaire activist investor Carl Icahn urged the company to spin off its PayPal payments business, regulatory filings showed on Friday.
NEW YORK, Feb 14- E-commerce auction house eBay Inc became a darling among top U.S. hedge funds in the fourth quarter just before billionaire activist investor Carl Icahn urged the company to spin off its PayPal payments business, regulatory filings showed on Friday.
Icahn Enterprises Chairman Carl Icahn addresses whether or not he owns shares of Hertz.
Carl Icahn has raised his stake in Apple past the $3 billion mark and taken to Twitter to criticize the company's board.
Some of Wednesday's midday movers:
Ralph Nader wants Carl Icahn to stop Liberty Media's bid to buy up Sirius XM.
Why to own Avis, Hertz and the Nasdaq OMX, with Andrew Wellington, Lyrical Asset Management. "Nasdaq is an incredible franchise," he says.
Three stocks to own in 2014, with Andrew Wellington, Lyrical Asset Management.
Some of Friday's midday movers.
Activist investor Carl Icahn has purchased 30 million to 40 million shares of car rental business Hertz, sources familiar with the situation said.
Carl Icahn is the activist behind the car rental company's action to trigger its "poison pill" provision, reports CNBC's David Faber.
Hertz Global is still not sure who is buying its shares, with CNBC's Scott Wapner.
*Marvell Technology climbs after KKR reports stake. NEW YORK, Dec 31- U.S. stocks closed out their best year in more than 15 on Tuesday, with major indexes advancing throughout 2013 on the back of the Federal Reserve's massive stimulus and expectations for accelerating growth going forward.
Stocks on Tuesday closed 2013 at records, with the S&P 500 posting its largest annual jump in 16 years.
Kevin Milota, J.P. Morgan VP equity research, discusses raising Hertz's price target and the rental car space on the heels of investor takeover talk at Hertz.
*Marvell Technology climbs after KKR reports stake. *Berkshire Hathaway to buy unit from Phillips 66. NEW YORK, Dec 31- U.S. stocks advanced modestly on Tuesday, boosted by a solid consumer confidence reading, keeping the S&P 500 on track for its best year since 1997 and the Dow on pace to record its best performance since 1995..
Some of Tuesday's midday movers:
The company adopted a one-year shareholder rights plan after observing "unusual and substantial activity" in its shares, sources said Tuesday.
Dan Loeb's Third Point Capital has taken a position of less than 5 percent in the car rental company, reports CNBC's Scott Wapner.
Dec 31- Activist investor Daniel Loeb's Third Point Capital LLC has taken a stake of less than 5 percent in Hertz Global Holdings Inc, the second largest U.S. car rental company, CNBC reported. Hertz shares rose as much as 9 percent on Tuesday morning. Hertz shares were up 8 percent at $28.07 on the New York Stock Exchange.