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Hedge Funds Carl Icahn

  • The most expensive boardroom battle ever isn't over yet.

  • Carl Icahn increases stake in Herbalife to 26.22%

    CNBC's Seema Mody reports Carl Icahn has increased his stake in Herbalife.

  • The company owns the Caesars Palace, Harrah's and Horseshoe brands with locations across the country but earns the majority of its operating profit in Las Vegas, where contracts expire on May 31, Unite Here said in a letter to the board seen by Reuters on Wednesday. Unite Here represents 20,000 union members who cook, clean and serve at Caesars' hotels and casinos,...

  • Sept 28- An initial public offering by Lyft Inc, the second largest U.S. ride services firm, could benefit a broad and diverse group of investors, from Chinese tech giants Alibaba and Tencent to a member of the Saudi royal family. Lyft Inc is close to hiring an initial public offering advisory firm, in the first concrete step by the second biggest U.S. ride service...

  • NEW YORK, Sept 12- A lawyer for famed Las Vegas sports gambler William "Billy" Walters on Tuesday urged a U.S. appeals court to let his client remain free while he appeals his conviction and five-year prison sentence for insider trading. Defense attorney Alexandra Shapiro told a three-judge panel of the U.S. Court of Appeals for the 2nd Circuit in Manhattan that...

  • Irwin Simon, president and chief executive officer of Hain Celestial Group Inc.

    Jim Cramer sat down with Hain Celestial CEO Irwin Simon, who shared what he learned during a probe into his company's accounting practices.

  • WASHINGTON, Aug 30- A Democratic U.S. senator on Wednesday urged the FBI to investigate whether billionaire investor Carl Icahn broke the law when he called for biofuels policies that would have benefited his investments while serving as an adviser to President Donald Trump. Icahn potentially violated the principal conflict of interest statute, "by...

  • Senator on Wednesday urged the FBI to launch a criminal probe into whether billionaire investor Carl Icahn broke the law when he called for a change in the federal biofuel program that would have enriched him personally while he was an adviser to President Donald Trump. Icahn potentially violated the principal conflict of interest statute... abused his role as...

  • A man exits the American International Building, world headquarters of American International Group (AIG).

    American International Group Inc's new Chief Executive Brian Duperreault has pledged to revive the insurer's glory days of top talent.

  • NEW YORK, Aug 27- American International Group Inc's new Chief Executive Brian Duperreault has pledged to revive the insurer's glory days of top talent, underwriting discipline and fat profit margins. "He comes with a visible long-term track record in terms of inspiring the operations and leading the personnel," said Mac Sykes, an analyst at investment firm...

  • Herbalife said it would buy back shares for $60- $68 per share to "provide tendering shareholders with some protection" in case the company was taken private within two years for a higher price. While China's State Administration for Industry and Commerce did not name the companies in the report, the news sent the shares of Herbalife and other multi-level...

  • WH aide: Icahn appointment never implemented after inauguration

    CNBC's Eamon Javers, reports the latest on the shakeup of President Trump’s inner circle over the weekend.

  • Aug 21- Herbalife Ltd said on Monday it had started buying back up to $600 million of its shares in the form of a modified Dutch tender, after talks with an investor to take the company private fell through. Herbalife said it would buy back shares for $60- $68 per share to "provide tendering shareholders with some protection" in case the company was taken private...

  • Herbalife says it recently held talks to go private but the discussions ended last week without a deal.

  • Aug 21- U.S. biofuels regulations, which mandate mixing corn-based ethanol into gasoline, have lately drawn together a diverse cast of political opponents. They include an upstart gas station owners' trade group, a former Obama administration environmental adviser and billionaire activist investor Carl Icahn, who owns a refiner and served as U.S.

  • Trump to address nation on Afghanistan strategy

    CNBC's Eamon Javers, reports President Trump will outline his strategy for the war in Afghanistan in a prime time address, and Carl Icahn resigns from his role as Trump's advisor, while Treasury Secretary Steve Mnuchin defends his decision to stay.

  • Carl Icahn

    Carl Icahn resigned from a role as special advisor on regulation to Trump ahead of an article detailing potential conflicts of interest.

  • Icahn's departure followed a flurry of changes at the White House. The White House declined to comment. One of Icahn's first tasks was to vet the future Securities and Exchange Commission chairman and a number of candidates met with the octogenarian investor in his Fifth Avenue office just a few blocks north of Trump Tower in Manhattan.

  • Aug 18- Billionaire investor Carl Icahn ended his role as a special adviser to U.S. A call to Icahn's office and an email to the White House were not immediately returned. Icahn's departure followed a flurry of changes at the White House.

  • Aug 18- Billionaire investor Carl Icahn on Friday ended his role as a special adviser to U.S. Icahn's departure comes after a flurry of changes at the White House. Trump on Friday fired his chief strategist Stephen Bannon, two days after disbanding two high-profile business advisory groups.