Hedge Funds Carl Icahn

  • HOUSTON, July 18- Activist investor Carl Icahn formally launched on Thursday a proxy fight against Occidental Petroleum to win control of four board seats, a regulatory filing showed, after talks with the oil company's CEO failed to reach an agreement. Icahn has blasted the Houston- based oil and gas producer for failing to give owners a say on its proposed $38...

  • HOUSTON, July 18- Activist investor Carl Icahn on Thursday formally launched a proxy fight against Occidental Petroleum to win control of four board seats, according to a regulatory filing, after talks with the oil company's chief executive failed to reach an agreement. Icahn has blasted the Houston- based oil and gas producer for failing to give owners a say on...

  • *Stake adds to Elliott's portfolio in Europe. July 17- Activist investor Elliott has disclosed a stake in Britain's Saga Plc, less than a month after the specialist tourism and insurance firm warned that discounting was taking a heavy toll on its tours business. Elliott Capital Advisors disclosed a 5.14% stake in Saga as of July 12, a filing showed on Wednesday.

  • *Elliott committed $3.4 bln, Carl Icahn spent $2.8 bln. *Activists see chance to shake up corporate Germany. Elliott, Paul Singer's $35 billion hedge fund, committed $3.4 billion in new capital in the first six months of 2019, data on the sector compiled by Lazard show, outpacing Carl Icahn who spent $2.8 billion.

  • Carl Icahn ratcheted up his fight with Occidental Petroleum over its pending purchase of rival Anadarko Petroleum by calling for a special shareholder meeting where he hopes to win board seats.

  • June 26- Billionaire investor Carl Icahn on Wednesday ratcheted up his fight with Occidental Petroleum over its pending purchase of rival Anadarko Petroleum by calling for a special shareholder meeting where he hopes to win board seats. The deal has been approved by the U.S. Federal Trade Commission and is expected to close in the second half of the year.

  • June 24- U.S. casino operator Eldorado Resorts Inc has agreed to buy rival Caesars Entertainment Corp for about $8.5 billion in cash and stock, as it looks to build scale to take on larger companies such as Las Vegas Sands and Wynn Resorts. Eldorado has made a series of acquisitions over the past few years including a $1.85 billion deal for Icahn-backed Tropicana...

  • NEW YORK, June 23- U.S. casino operator Eldorado Resorts Inc has agreed to merge with Caesars Entertainment Corp in a cash and stock deal that values its peer at about $18 billion including debt, people familiar with the matter said on Sunday. The agreement comes three months after Reuters reported that Caesars had agreed to give Eldorado access to its books under...

  • HOUSTON, May 30- Activist investor Carl Icahn sued Occidental Petroleum Corp on Thursday over its deal to buy rival Anadarko Petroleum Corp, signaling he may try to replace Occidental's board of directors and press for asset sales. Icahn's lawsuit, filed in Delaware Court of Chancery, seeks documents that detail Occidental's sale of preferred stock to...

  • Trump's EPA granted 35 such waivers for 2017, up sharply from seven in the final year of the Obama administration. Court documents filed by a biofuels advocacy group show that the EPA changed the policy before May 4, 2017. On that date, the EPA told a refining company in a letter that "we are changing our approach" to the waiver program by allowing exemptions to...

  • April 16- U.S. casino operator Caesars Entertainment Corp, which has been under pressure from activist investor Carl Icahn to sell itself, on Tuesday named Anthony Rodio as its chief executive officer. Reuters reported in February that Icahn had proposed Rodio, CEO of privately held casino gaming company Affinity Gaming, as successor to Mark Frissora, who was...

  • Tony Robbins

    Throughout his career, Tony Robbins has had the opportunity to interview some of the smartest investors on the planet. And what they tell him over and over is that when it comes to investing, our own brain can be our biggest liability.

  • April 16- U.S. casino operator Caesars Entertainment Corp, which has been under pressure from activist investor Carl Icahn to sell itself, said on Tuesday it appointed Anthony Rodio as its chief executive officer.

  • April 3- Billionaire investor Carl Icahn sold his roughly 2.7 percent stake in Lyft Inc to investor George Soros ahead of the ride-hailing company's initial public offering, the Wall Street Journal reported https://www.wsj.com/articles/carl-icahn-sold-lyft-stake-prior-to-initial-public- o f f e r i n g- 1 1 5 5 4 3 1 6 4 9 7? m o d= s e a r c h r e s u l t s& p a g e= 1& p o s= 1 on...

  • NEW YORK, April 3- What a difference a week makes. More than 38 percent of Lyft's 32.5 million publicly listed shares, valued at $856 million, were sold short by the end of Tuesday's session, according to data from S3 Partners. Lyft raised $2.34 billion in its IPO.

  • April 3- Billionaire investor Carl Icahn sold his roughly 2.7 percent stake in Lyft Inc ahead of the ride-hailing company's initial public offering, the Wall Street Journal reported https://www.wsj.com/articles/carl-icahn-sold-lyft-stake-prior-to-initial-public- o f f e r i n g- 1 1 5 5 4 3 1 6 4 9 7? m o d= s e a r c h r e s u l t s& p a g e= 1& p o s= 1, citing sources.

  • The Lyft logo is shown on the screen at the Nasdaq offices in Times Square on March 29, 2019 in New York.

    Longtime activist investor Carl Icahn sold his stake in Lyft prior to its initial public offering last week, according to sources familiar.

  • Caesars and Eldorado have market capitalizations of $5.4 billion and $3.6 billion, respectively. They also had debt piles of $9.1 billion and $3.3 billion, respectively, as of the end of December. "The universe of buyers is limited, and Eldorado is best suited to extract full value from Caesars' assets in our view," Roch Capital Partners analysts wrote in a March 6...

  • March 14- Newell Brands Inc said Chief Executive Officer Michael Polk would retire at the end of the second quarter, ending a tenure during which the U.S. household goods maker was the target of activist investors and launched a turnaround to slim down its brand portfolio. Polk, 57, who has been at the helm of the company since 2011, engineered Newell's $15 billion...

  • According to the documents, filed by the Advanced Biofuels Association, the EPA in 2017 stopped considering whether compliance with the Renewable Fuel Standard would prevent a refinery from making money and being competitive. Prior to May 2017, a refinery would have to pass both tests to get an exemption, ABFA alleged, citing EPA correspondence with a refiner...