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Icahn Drops Proxy Fight Over Pig Treatment at Kroger

Carl Icahn is dropping a proxy fight focused on the treatment of pregnant pigs at grocery-chain Kroger Co. after concluding he is likely to lose as he did a similar fight at McDonald's Corp. last month.

Bangkok Post

Carl Icahn Backs From Proxy Fight With Kroger Over Pig Treatment: WSJ

Activist investor Carl Icahn said he is backing from a proxy fight at Kroger Co (NYSE:KR) on the treatment of pregnant pigs, the Wall Street Journal reported. He took the decision after he lost a similar proxy fight with McDonald's Corp (NYSE:MCD) over animal welfare. "I congratulate the McDonald's team on their victory in this proxy engagement…

Benzinga

McDonald's Shareholders Vote For Civil Rights Audit: Bloomberg

McDonald’s Corp (NYSE:MCD) investors have voted in favor of a proposal for an independent civil-rights audit, Bloomberg reported. The civil rights audit was the only shareholder proposal to gain the backing of a majority of votes cast at McDonald’s annual meeting. About 52% of votes were in favor of the audit and 47%…

Benzinga

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Smart, co-operative, emotional: what cutting-edge science tells us about pigs

A more rounded view of their interior lives would have huge commercial implications — as Carl Icahn’s battle with McDonald’s suggests

Financial Times

Q1 13F Roundup: How Buffett, Einhorn, Ackman And Others Adjusted Their Portfolios

The latest round of 13F filings from institutional investors is out, revealing to the world the stocks that some of the richest and most successful investors have been buying and selling.

Benzinga

Should You Buy Shares of Southwest Gas After It Reached a Settlement with Carl Icahn?

Utility company Southwest Gas (SWX) recently reached a settlement with billionaire investor Carl Icahn, ending a months-long dispute. However, considering its weak bottom line and lean profit margins, is the stock a buy now? Read on to learn what we think.

StockNews.com

CEOs got big raises while hiking prices

Some companies raised prices, blaming rising wages — but actually cut workers' pay, according to new report

Salon

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Lessons For Elon Musk: 5 Notorious Failed Hostile Takeovers

As any student of industry knows, Elon Musk is hardly the first person to attempt a hostile takeover.

Benzinga

What's Up With McDonald's Stock Lately?

Over the last two weeks, McDonald's Corp (NYSE: MCD) has sustained an impressive rally off of its 52-week lows. The stock fell below $218 on March 11 before bouncing and trending higher. McDonald's shares closed Wednesday up 0.35% at $249.03.

Benzinga

Carl Icahn Calls Out Kroger For Ignoring 'Human And Animal Suffering'

Longtime activist investor Carl Icahn has warned of the looming fallout of corporate America on the back of poor management.

Benzinga

Benzinga Bulls And Bears Of The Week: Tesla, Apple, Meta, Disney And A Company Carl Icahn Calls An Example Of 'What's Wrong With Corporate America'

Benzinga has examined the prospects for many investor favorite stocks over the past week.

Benzinga

Carl Icahn On The Fallout Of Corporate America: 'There Very Well Could Be A Recession Or Worse'

The markets on Tuesday continued to build on the recovery staged last week, but longtime activist investor Carl Icahn isn't buying the action. "I think there very well could be a recession or even worse," Icahn said Tuesday on CNBC's "Closing Bell: Overtime."

Benzinga

Icahn Raises His Bid On Southwest Gas to $82/share

Billionaire investor Carl Icahn increased his bid for Southwest Gas Holdings Inc (NYSE:SWX) to $82.50 a share, an increase of 10% from the prior $75/share. Representing a premium of 27% over the price on Oct. 13, the day before, a $75-a-share bid was announced by Icahn. Southwest’s board had unanimously rejected the previous offer in…

Benzinga

Icahn Vs. Buffett: Two Sides Of An Occidental Petroleum Trade

It is not very often, that two titans of the investment world — Warren Buffett and Carl Icahn — are on opposite sides of a trade.

Benzinga

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Benzinga

Carl Icahn Out Of Occidental As Warren Buffett Doubles Down

For Occidental Petroleum Corporation (NYSE: OXY), it's one billionaire Wall Street legend in and another one out.

The Guardian - US

Carl Icahn documentary digs into life of billionaire, but don’t expect an exposé

In a new film, the man who informed Oliver Stone’s Gordon Gekko makes for a compelling central figure

The Guardian - US

Carl Icahn pressuring McDonald’s to improve welfare of pigs raised for meat

The company promised to eliminate gestation crates 10 years ago but says pandemic disruptions delayed the plan

Axios

McDonald's goes on defensive as Carl Icahn escalates pig welfare fight

The activist investor is asking McDonald's to prioritize an issue other than profit.

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The Independent UK

McDonald’s in fight with billionaire investor over ‘cruel’ pig cages

Carl Icahn bids to end use of ‘gestational cages’, which hold sows before and after they give birth, but fast-food giant says the commitment would be ‘impossible’

Benzinga

Why Carl Icahn Is Ready For Proxy Fight Over How McDonald's Sources Pork

Activist investor Carl Icahn is taking on McDonald’s Corp. (NYSE: MCD) over their sourcing of pork, claiming he's willing to launch a proxy fight against the fast-food giant over the way its vendors are housing pregnant pregnant pigs in too-small crates.

Axios

Carl Icahn eyeing McDonald's proxy fight over treatment of pigs

The activist investor is demanding that McDonald's prioritize something other than profits.

Fortune

Have Activist Investors Finally Lost Their Luster?

Trust is the foundation of American capitalism. Many activist investors have damaged that faith.

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