Hedge Funds Carl Icahn

  • 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...

  • A Xerox banner outside the New York Stock Exchange on Jan. 23rd, 2018.

    Xerox said on Thursday it will implement a structure in which the printer maker will become a wholly owned unit of a new holding company.

  • Carl Icahn speaking at Delivering Alpha in New York on Sept. 13, 2016.

    Carl Icahn reports owning 24.3 million Hertz shares, representing 28.9 percent of outstanding equity. That's down from 35 percent.

  • March 1- U.S. casino operator Caesars Entertainment Corp has struck a deal with investor Carl Icahn that appoints three new directors to its board, although the billionaire hedge fund manager continues to press for a sale of the company. Caesars said it had appointed Keith Cozza, Courtney Mather and James Nelson to its board effectively immediately.

  • March 1- U.S. casino operator Caesars Entertainment Corp said on Friday it had entered an agreement with billionaire activist Carl Icahn to appoint three directors to its board. Icahn, who disclosed a 9.8 percent stake in Caesars last week, has urged the company to sell itself. Caesars said it had appointed Keith Cozza, Courtney Mather and James Nelson to its board...

  • Feb 19- Activist investor Carl Icahn on Tuesday urged Caesars Entertainment Corp to sell itself, after disclosing a 9.78 percent stake in the U.S. casino operator. Icahn's push for a sale of the company comes after Caesars rejected a merger approach last year by Tilman Fertitta, the billionaire owner of Golden Nugget Casinos. Its long-term debt stood at about...

  • Feb 19- Activist investor Carl Icahn on Tuesday urged Caesars Entertainment Corp to sell itself, after disclosing a 9.78 percent stake in the U.S. casino operator.

  • Bill Ackman, founder and CEO of Pershing Square Capital Management.

    Recent outperformance has been driven by investments in ADP, Lowe's, Starbucks and Chipotle, according to the activist investor.

  • *Company expects 2019 adj profit $3.70- $3.80/ shr vs est $3.53. The company is streamlining its business and scaling up operations under a new regime installed by activist investors Carl Icahn and Darwin Deason last year. The Norwalk, Connecticut- based company said it expected to report 2019 profit of between $3.70 and $3.80 per share on an adjusted basis, well...

  • The company is streamlining its business and scaling operations under a new management backed by activist investors Carl Icahn and Darwin Deason while cutting costs to compete with smartphones which have reduced the need for printing. Net income attributable to Xerox was $137 million, or 56 cents per share, in the three months ended Dec. 31, compared to a loss of...

  • *Elliott urges to separate StubHub, Classifieds Group from core marketplace. *Says company could be valued at 7/ 8$ 55- $63/ shr in 2020. In a letter to the company's board, Elliott asked eBay to hive off its StubHub ticket sales business and eBay Classifieds Group as part of a plan the hedge fund says could double the company's value.