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  • BOSTON, Dec 4- Billionaire investor Carl Icahn reported on Friday that he now owns 12.12 percent of auto parts company Pep Boys-Manny, Moe& Jack, which agreed to sell itself to Bridgestone in October, and said its retail automotive parts segment would be a perfect fit for rival Auto Plus. The move comes less than two months after Pep Boys agreed to sell itself to...

  • WASHINGTON, Nov 30- The Federal Reserve Board on Monday adopted a rule that stops it from bailing out individual companies, a change that Congress demanded after the central bank's controversial decision to help rescue American International Group and others during the financial crisis. Fed Governor Daniel Tarullo said during the meeting that the...

  • Fed to take up 'too big to fail' emergency curb Monday, 30 Nov 2015 | 6:00 AM ET
    Janet Yellen

    The Fed will consider a proposal to curb its emergency lending powers, a change demanded by Congress after the central bank's controversial bailouts.

  • Jack Lew: We won't weaken Dodd-Frank Wednesday, 25 Nov 2015 | 7:47 AM ET
    Treasury Secretary Jack Lew testifies before the Senate Finance Committee on Capitol Hill, February 5, 2015 in Washington.

    As a deadline looms, the Obama administration said it would push back hard against any legislation to loosen Dodd-Frank. The NYT reports.

  • Nov 23- Activist investor Carl Icahn disclosed a stake in Xerox Corp, and called the printer and copier maker's shares "undervalued", sending its shares up 7.6 percent in extended trade. Icahn, who recently took stakes in American International Group and Freeport-McMoran Inc, said he would look at getting representation on Xerox's board, as well as pursuing...

  • Stocks close mildly lower; oil, data eyed Monday, 23 Nov 2015 | 4:00 PM ET
    Traders work on the floor of the New York Stock Exchange.

    U.S. stocks closed mildly lower as investors eyed fluctuations in oil prices and looked ahead to data in the shortened Thanksgiving holiday week.

  • Carl Icahn turns up the pressure on AIG Monday, 23 Nov 2015 | 10:12 AM ET
    Carl Icahn

    Activist investor Carl Icahn turned up the pressure on American International Group to separate into three public companies.

  • Nov 23- Activist investor Carl Icahn said he may propose adding a new director to American International Group's board, saying Peter Hancock, AIG's chief executive, was unlikely to "sincerely consider" his suggestion to split the company into three. Icahn disclosed on Monday that he owned 42 million shares in AIG as of Oct. 28, which would make him the insurer's...

  • Icahn says may propose new director to AIG board Monday, 23 Nov 2015 | 9:23 AM ET

    Nov 23- Billionaire investor Carl Icahn said he may propose to add a new director to American International Group's board, saying CEO Peter Hancock was unlikely to "sincerely consider" his suggestion to split the company into three. "We intend to commence shortly a consent solicitation that will enable shareholders to express their views directly to the board,"...

  • Nov 18- Billionaire activist investor Carl Icahn said he is betting against high-yield bonds, as he sees a bubble among companies that have overborrowed recently, and expects the dollar to keep rallying into next year. The 79- year-old investor said he thinks insurer American International Group, whose problems helped fuel the 2008 financial crisis, is...

  • Carl Icahn

    Carl Icahn sold his stake of 46.3M shares in eBay and reported the same number of shares in PayPal after the spinoff from eBay in mid-July.

  • After-hours buzz: Pandora, Urban Outfitters & more Monday, 16 Nov 2015 | 5:45 PM ET
    Trader on the floor of the New York Stock Exchange.

    Check out the companies making headlines after the bell Monday: Pandora, Urban Outfitters & more.

  • NEW YORK, Nov 3- Billionaire investor Carl Icahn made a cryptic reference suggesting he has an interest in embattled drug maker Valeant on Tuesday, and said he was speaking to U.S. politicians about a corporate cash repatriation law that would deter so-called tax inversion deals. Icahn said he was speaking to Wisconsin Republican Congressman Paul Ryan and New...

  • AIG's Hancock: Icahn breakup proposal a distraction Tuesday, 3 Nov 2015 | 11:02 AM ET
    Peter Hancock

    AIG CEO Peter Hancock said Carl Icahn's call for the insurer to split up would be a distraction and increase the company's capital requirements.

  • Nov 3- Breaking up American International Group Inc does not "make financial sense" Chief Executive Peter Hancock said on Tuesday, responding to proposals made by billionaire investor Carl Icahn last week. Icahn, in one of the largest activist campaigns of the year, wrote to Hancock urging to him to spin off AIG's life and mortgage units into public companies, cut...

  • Nov 3- Breaking up American International Group Inc does not "make financial sense" Chief Executive Peter Hancock said on Tuesday, responding to proposals made by billionaire investor Carl Icahn last week. Icahn, in one of the largest activist campaigns of the year, wrote to Hancock urging AIG to break itself apart, cut costs more aggressively and give back more to...

  • Early movers: MOS, S, FIT, VRX, TXRH, AMZN & more Tuesday, 3 Nov 2015 | 7:55 AM ET
    Trader on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • Wall Street edgy after powerful Nov start Tuesday, 3 Nov 2015 | 7:23 AM ET

    U.S. stock futures were lower this morning, after November got off to a rousing start, with the Dow joining the S&P 500 and Nasdaq in positive territory for the year.

  • After-hours buzz: Fitbit, AIG, Avis Budget & more Monday, 2 Nov 2015 | 6:04 PM ET
    Traders work on the floor of the New York Stock Exchange.

    Check out the companies making headlines after the bell Monday: Fitbit, AIG, Avis Budget & more.

  • AIG earnings miss Street's most dismal estimates Monday, 2 Nov 2015 | 5:37 PM ET
    AIG headquarters in New York City.

    AIG posted earnings below analysts' most pessimistic estimates and announced restructuring, which a source said includes job cuts.