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Insider Buys Of The Week: Penn National, Scientific Games, Seagate And More
Monday, August 20, 2018 - 7:50am | 821Read More...Insider buying can be an encouraging signal for potential investors. An activist investor returned to the buy window last week. Two gaming companies saw insiders buying shares. Conventional wisdom says that insiders and 10 percent owners really only buy shares of a company for one reason -- they...
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M&Ain't: Several Of The Year's Biggest Mergers Face Uncertain Future
Thursday, August 16, 2018 - 7:37am | 1133Read More...Some of the most prominent and anticipated mergers of the year appear to be in a holding pattern, and the trend is nothing new. The failure rate of mergers and acquisitions teeters between 70 and 90 percent, according to the 2011 Harvard Business Review study. The high failure rate is a direct...
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Q2 13F Roundup: How Buffett, Einhorn, Loeb And Others Adjusted Their Portfolio
Wednesday, August 15, 2018 - 10:23am | 1910Read More...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. Takeaways From 13F Season Investors who follow particular fund managers can easily look up what each was buying...
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JPMorgan Loses Its Appetite For Campbell Soup
Friday, August 10, 2018 - 10:36am | 431Read More...Activist investor and major Campbell Soup Company (NYSE: CPB) shareholder Dan Loeb is pushing the soup company to sell itself, but this is an unlikely outcome, according to JPMorgan. The Analyst JPMorgan's Ken Goldman downgraded Campbell Soup from Neutral to Underweight with an unchanged $...
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Insider Buys Of The Week: Energen, Seagate, International Flavors And More
Monday, August 6, 2018 - 7:54am | 773Read More...Insider buying can be an encouraging signal for potential investors. An activist investor was among those returning to the buy window last week. Again, some insider buying is follow earnings reports. Conventional wisdom says insiders and 10 percent owners really only buy shares of a company for...
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Icahn To Attempt To Block Cigna-Express Scripts Deal With Recent Stake
Wednesday, August 1, 2018 - 3:59pm | 367Read More...Activist investor Carl Icahn has accrued a stake in CIGNA Corporation (NYSE: CI) that he intends to leverage to block the Express Scripts Holding Co (NASDAQ: ESRX) merger, according to a Wednesday report from the Wall Street Journal. Express Scripts plunged 6.5 percent while Cigna popped 4.7...
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Icahn Trims His Herbalife Position: 'It's Only Prudent'
Friday, May 25, 2018 - 10:05am | 318Read More...Herbalife Nutrition Ltd (NYSE: HLF) fell as much as 7.4 percent Friday after the firm’s largest shareholder pared its six-year long position and third-oldest asset. Icahn Enterprises LP Common Stock (NASDAQ: IEP) submitted 11.4 million of its shares into Herbalife’s self-tender offer....
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Carl Icahn To AmTrust Financial In Lawsuit: 'We Deserve More'
Monday, May 21, 2018 - 12:42pm | 412Read More...Activist investor Carl Icahn owns a 9.4-percent stake in AmTrust Financial Services Inc (NASDAQ: AFSI) and is continuing his activist campaign against the casualty insurance company. What Happened Icahn, one of AmTrust Financial's biggest shareholders, argued in an open letter to the company...
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Carl Icahn's Latest Contest: AmTrust Financial
Friday, May 18, 2018 - 8:51am | 329Read More...Carl Icahn on Thursday filed a 13D disclosing a new 14.8-million share stake in AmTrust Financial Services Inc (NASDAQ: AFSI). With 9.38 percent ownership of the company, Icahn is now one of AmTrust’s largest shareholders, behind Chairman and CEO Barry Zyskind and George Karfunkel, one of its...
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JPMorgan Cites Uncertainty In Xerox Downgrade
Monday, May 14, 2018 - 10:12am | 389Read More...Xerox Corp (NYSE: XRX) confirmed late Sunday it has terminated its planned merger with Fuji-Xerox, a move that prompted JPMorgan to downgrade the stock. The Analyst JPMorgan's Paul Coster downgraded Xerox from Overweight to Neutral with an unchanged $38 price target. The Thesis Xerox...
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Deason, Icahn Victorious As Xerox Calls Off Fujifilm Deal, Shakes Up Board
Monday, May 14, 2018 - 9:13am | 379Read More...Xerox Corp (NYSE: XRX) announced late Sunday it terminated its agreement with Fujifilm to merge Xerox and Fuji Xerox . The firm instead pivoted to an agreement with Carl Icahn and Darwin Deason — major shareholders and opponents of the deal — to resolve a pending proxy battle...
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Report: Apollo Approached Xerox
Wednesday, May 2, 2018 - 1:21pm | 314Read More...Wednesday is proving to be a busy day for Xerox Corp (NYSE: XRX) and its shareholders. What Happened Xerox's stock was trading lower by more than 5 percent Wednesday morning after activist investors Carl Icahn and Darwin Deason succeeded in ousting CEO Jeff Jacobson and six of the 10 members...
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Another Notch On Icahn's Activist Belt: Xerox CEO Out As Part Of Settlement
Wednesday, May 2, 2018 - 9:13am | 364Read More...Activist investor Carl Icahn notched a big win after Xerox Corp (NYSE: XRX) said its CEO and most of its board of directors will be stepping down. What Happened Icahn and Darwin Deason, two heavyweight investors and large Xerox shareholders, made it clear they strongly oppose Xerox's proposed...
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Scott Wapner's 'When The Wolves Bite' Tells The Inside Story Of The Ackman-Icahn-Herbalife Feud
Thursday, April 26, 2018 - 1:22pm | 885Read More...It’s been a little over five years since arguably the greatest moment in CNBC's history: the uninterrupted 27-minute back-and-forth between Carl Icahn and Bill Ackman on "Fast Money Halftime." At the center of the argument was whether nutritional supplement company Herbalife Ltd...
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Marissa Mayer: Activist Campaigns Eroded 'Tens Of Billions Of Dollars Of Upside' At Yahoo
Thursday, April 19, 2018 - 3:18pm | 410Read More...Back in 2012, activist investors Carl Icahn and Dan Loeb pressured Yahoo to sell half its stake in Alibaba Group Holding Ltd (NYSE: BABA). While meant to unlock shareholder value, the campaigns ultimately stunted continued returns. Former CEO Marissa Mayer, who inherited Yahoo shortly after the...
















