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THE TRUTH ABOUT: 2 - The Untold Story

Down 66%, Is This High-Yield Dividend Stock a Buy for 2024?

Helmed by a maverick activist investor, this high-yield, dividend-paying stock is down 67% on a YTD basis - but is it a good value buy right now? Here's what investors need to know.

Barchart

Carl Icahn thought the inflation of 2022 was just like the fall of the Roman Empire. He's not the only billionaire with ancient Rome on the mind

A TikTok with over 1 billion views argues that men think about the Roman empire a lot—and gloomy billionaires are no exception.

Fortune

Billionaire Investor Carl Icahn’s Wealth In Free-Fall As His Company’s Stock Nosedives

On Friday, Carl Icahn Enterprises (NASDAQ:IEP) experienced a historic 24% drop

Zenger

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Nikola’s Abrupt CEO Transition, Carl Icahn Led Icahn Enterprises Cuts Dividend Payout, FDA Rejects Mesoblast’s Cell Therapy For Kids: Today’s Top Stories

Wall Street Journal UAW Demands Significant Wage Increases For Factory Workers At GM, Ford, And Stellantis

Zenger

Corporate boards need to learn how to fight with their CEO

Shiva Rajgopal shares three tips for normalizing conflict.

Fortune

Inside Illumina’s bruising proxy battle with billionaire activist investor Carl Icahn

Illumina’s contentious acquisition of cancer test maker Grail brought billionaire Carl Icahn to the company’s doorstep.

Fortune

EU fines US firm Illumina $475 million for jumping gun on buying cancer-screening company Grail

The European Union has slapped a $475 million fine on U.S. biotech giant Illumina for buying out cancer-screening company Grail without the approval of the 27-nation bloc’s antitrust watchdog

The Independent UK

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Corporate raider Carl Icahn recovers $1 billion in his fortune as loan deal with big banks alleviates shortseller assault

The billionaire investor Carl Icahn has been under assault from the short-seller Hindenburg Research, forcing him to renegotiate a key loan deal.

Fortune

Stocks Climb as Bond Yields Fall on Signs of Lower Price Pressures

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Monday closed up +0.24%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.62%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.06%. Stock indexes Monday settled mixed, with the Nasdaq 100...

Barchart

Musk, Zuckerberg lead a $852 billion surge among world’s richest people

The world’s 500 richest people added $852 billion to their fortunes in the first half of 2023.

Tribune News Service

Elon Musk, Mark Zuckerberg lead $852 billion wealth surge among world's rich

The world’s 500 richest people added $852 billion to their fortunes in the first half of 2023.

The Times of India

Illumina’s Sudden CEO Exit Is Just One of Many Problems Facing DNA Company

The sudden resignation of Francis deSouza raises questions about the firm’s future after its proxy fight with Carl Icahn.

Businessweek

Motorola ditched cell phones and found a lucrative second act, fueling one of tech's biggest turnarounds

The company that invented the cell phone now makes most of its money from security tech—and it’s one of tech’s biggest turnaround stories.

Fortune

How Main Street Investors Can Detect Short Seller Misinformation Campaigns

How to avoid the pitfalls and find a better way to short stocks.

StockNews.com

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Fortune

Bill Ackman says Carl Icahn's investment firm is giving him Archegos vibes

Personal loans secured against the value of Icahn's ownership in his own investment firm could prove highly unstable, the Pershing Square founder warns.

Fortune

Carl Icahn bet on America to fail. Instead he lost $9 billion

A short seller accused the billionaire of covering up his losses by bribing shareholders with a dividend. Now he admits his 'mistake': 'Don't fight the fed'

Fortune

Carl Icahn’s activist play plays into the hands of Lina Khan and EU regulators

Every company with acquisition plans in the U.S. and Europe should be concerned about the FTC partnering with EU regulators to sink the Illumina-Grail deal.

Fortune

The 'karmic quality' of Hindenburg's war on Carl Icahn just took on a new cast. It's not just shorting his stock anymore but his bonds, too.

Weeks ago, Icahn's arch rival Bill Ackman commented on the irony of an activist being pursued by an active campaign.

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Barchart

Carl Icahn Gets a Taste of His Own Medicine with the Icahn Enterprises (IEP) Decline

Billionaire Carl Icahn’s conglomerate Icahn Enterprises got hit again with sharp losses, meaning that an activist investor got a taste of his own medicine.

The Times of India

Carl Icahn’s wealth plunges $10 billion on Hindenburg short-seller report

WASHINGTON: Corporate activist Carl Icahn’s fortune tumbled more than $10 billion Tuesday after short-seller Hindenburg Research accused him of using a “ponzi-like” economic structure at his investment company.

Fortune

Short-seller Hindenburg accuses corporate raider Carl Icahn of a “ponzi-like” corporate setup

Hindenburg claims Icahn’s exchange-listed investment vehicle lures small amateur investors with an excessively generous dividend funded by issuing $1.7 billion in new shares since 2019.

The Times of India

How Gautam Adani selloff stacks up against the biggest stock collapses

NEW DELHI: The magnitude of the plunge in stocks tied to Indian billionaire Gautam Adani is rivaled by only a handful of short-seller campaigns in history.

Fortune

The bear market will end early next year and create a 'terrific buying opportunity,’ Morgan Stanley’s Mike Wilson says

Wall Street's top strategist Mike Wilson says there's a buying opportunity on the way, but the path to get there is going to be "really tricky."

Fortune

Carl Icahn says ignore Thursday's rally, we aren't out of a bear market

Billionaire investor Carl Icahn reiterated warnings that a recession is coming and that he is keeping his portfolio at Icahn Enterprises hedged

Benzinga

GameStop Shares Pop Tuesday On A Tweet From Ryan Cohen, Here's Why

Activist investor Ryan Cohen is a person who can move the markets with a tweet.

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