Icahn Enterprises Warns Of Asset Value Drop, Names Teno CEO Icahn Enterprises appoints insider Teno as new CEO to address potential asset devaluation and navigate financial challenges. Top News · Feb 21, 2024
Stock Market Today: Dow Sinks 524 Points After January CPI Shocker Following today's inflation data, the market now expects the Fed to start cutting rates in June vs May. Kiplinger · Feb 13, 2024
Combative billionaire Bill Ackman uses bare-knuckle boardroom tactics in a wider war Hedge fund boss Bill Ackman has fought bitter battles in corporate boardrooms. He fights with lengthy public letters and for years. He's taking those tactics to Ivy League universities and the media. WEKU · Jan 24, 2024
Icahn Targets Illumina's Legacy Directors Removal In a daring move, visionary investor Icahn seeks to oust Illumina's old guard, asserting fresh energy is needed in a vibrant, change-chasing letter. Top News · Dec 18, 2023
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 · Nov 30, 2023
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 · Sep 20, 2023
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 · Aug 4, 2023
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 · Aug 4, 2023
Corporate boards need to learn how to fight with their CEO Shiva Rajgopal shares three tips for normalizing conflict. Fortune · Aug 1, 2023
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 · Jul 27, 2023
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 · Jul 12, 2023
Corporate raider Carl Icahn recovers $1 billion in his fortune as loan deal with big banks alleviates shortseller assault The billionaire investor Carl Icahn has been under assault from the short-seller Hindenburg Research, forcing him to renegotiate a key loan deal. Fortune · Jul 10, 2023
Stocks Climb as Bond Yields Fall on Signs of Lower Price Pressures What you need to know… The S&P 500 Index ($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 · Jul 10, 2023
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 · Jul 3, 2023
The Times of India · Jul 3, 2023 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.
Businessweek · Jun 12, 2023 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.
Fortune · Jun 8, 2023 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.
StockNews.com · May 30, 2023 How Main Street Investors Can Detect Short Seller Misinformation Campaigns How to avoid the pitfalls and find a better way to short stocks.
Fortune · May 25, 2023 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 · May 19, 2023 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 · May 19, 2023 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 · May 12, 2023 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.
Barchart · May 11, 2023 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 · May 3, 2023 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 · May 2, 2023 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.